Strategic Finance Lead - Ring Spinning Mill

Recruit AI

Lahore

On-site

PKR 1,800,000 - 3,000,000

Full time

2 days ago
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Job summary

Harpal Textiles, based in Lahore, is seeking a Finance Manager to lead the finance function for a ring spinning mill. The role is on-site at the Lahore head office with periodic visits to the Sheikhupura mill.

You will oversee accounting, costing, taxation, and reporting, directing a small finance team and coordinating with auditors and banks. You will manage working capital, budgeting, forecasting, and strategic decisions, ensuring IFRS/GAAP compliance and strong cost control across fiber,

Qualifications

  • 5+ years of finance experience in a ring spinning mill required.
  • Hands-on yarn costing and profitability analysis experience.
  • Strong knowledge of financial reporting, reconciliations, and month-end closing.
  • Experience with Sales Tax Act, Income Tax Ordinance, and FBR compliance.
  • Cash flow management, working capital, and banking relationships management.
  • Advanced Excel skills; ERP experience preferred.

Responsibilities

  • Prepare and present financial statements per IFRS and GAAP.
  • Develop budgets and forecasts to support financial planning.
  • Analyze production costs, yarn costing, and inventory for profitability.
  • Oversee cash flow and liquidity for daily operations and investments.
  • Coordinate with auditors, banks, and regulatory reporting (FBR).
  • Lead and develop a finance team of three professionals.
  • Support ERP implementation and maintain financial data integrity.
  • Collaborate with production, procurement, and sales to align financial processes.
  • Ensure cost estimation accuracy and optimize resource allocation.
  • Maintain accounting processes in SAP or Oracle Financials.

Skills

Finance experience
Yarn costing
Advanced Excel
ERP exposure

Education

ACCA
ACMA
Master's in Finance/Accounting

Tools

SAP
Oracle Financials

Job description

Harpal Textiles, based in Lahore, is seeking a Finance Manager to lead the finance function for a ring spinning mill. The role is on-site at the Lahore head office with periodic visits to the Sheikhupura mill.

You will oversee accounting, costing, taxation, and reporting, directing a small finance team and coordinating with auditors and banks. You will manage working capital, budgeting, forecasting, and strategic decisions, ensuring IFRS/GAAP compliance and strong cost control across fiber,

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