Accounts Officer
Key Responsibilities:
▪ To ensure timely collection and payment of all company invoices. To perform general
accounting functions such as preparing and reviewing journal entries, reports and various
analyses.
▪ Monitor and control all A/R & A/P related functions.
▪ Identify and report all significant issues with the company’s collections or payments.
• Posting all transactions (Cash & Bank Voucher) on daily basis.
• Preparation of Reconciliation statements of Company Bank Accounts. Correspondence with clients
regarding outstanding payments & receipts.
• Balance confirmation from clients on required basis.
▪ Maintain record Personal I/Tax returns of directors
• Gathering of data from banks and prepare details for annual income tax returns (Directors).
• Any other work assigned by Manager / Directors.
• Preparation of Payable and Receivable Statements on monthly basis.
• Preparation of detail on letterhead of employees’ Salaries on monthly basis.
Tax
• E-Filing of Tax returns.
• Preparation and timely submission of monthly Federal and Provincial sales tax returns.
• Preparation and timely submission of Annual land Bi-Annual/Quarterly withholding returns as per
legal requirements.
• Preparation of monthly general ledger reconciliations of Sales Tax and Income Tax.
• Follow up with customers for withholding tax certificates and preparation of withholding tax
certificates deducted as a Withholding Agent.
• Review and authorize withholding income tax calculation on salaries and routine payment vouchers
in respect of tax implications.
• Maintaining records for WH sales tax deduction •
• Responding the internal queries for Sales Tax matters
Accounts Payable
▪ Receive invoices and verify accuracy of billing information
▪ Coordinate invoice approval with operations and support departments to ensure work was
performed.
▪ Coordinate with vendor when invoice has issues or requires correction
▪ Book invoices into A/P ledger
▪ Prepare weekly payment information for disbursement approval
▪ Document and book payments into accounting system.
▪ Posting of Vouchers, Invoices, and Vendors Bills etc in Quick Book. .
▪ Processing Payments against Payables
▪ Cash Vouchers Posting & Reconciliation With Cash Book.
▪ Bank Reconciliation of Bank Accounts
Accounts Receivable
▪ Coordinate with operations to ensure proper and complete work information is available
to invoice customers.
▪ Issue invoices for all active contracts
▪ Document and book payments into accounting system (Quick Book).
▪ Process and coordinate collection of payments with customers
▪ Prepare report with regard to Accounts Receivable.
NRSP/UPAP(NATIONAL RULRAL SUPPORTS PROGRAMME/URBAN POVERTY ALLEVIATION
PROGRAMME) SEP-2006 TO MAY-2011
Accounts Officer/Accounts In charge
Key Responsibilities:
▪ Assist the Programme team in overall administration and Accounts related arrangement for the
effective implementation of programme activities of Microfinance Project in different areas of
Rawalpindi/Islamabad.
▪ Coordinate & supervise all financial transactions and work in close liaison with Head office and
Zonal office.
▪ Responsible for banking transaction like disbursement of credit cheques,deposit of recovery
cash, withdrawal of cash, submission of expense utilities bills to accounts
▪ Prepare and process payments and salaries of staff and coordinate with the bank for timely
releases of such payments to the parties concerned.
▪ Manage the utilisation of project petty expenses
▪ Assure compliance with policies and procedures before making payments
and keep a track of petty cash expenditure in line with standard financial procedures.
▪ Work as a cash custodian and maintain daily cash count duly signed by the respective
Coordinator
▪ To ensure appropriate filing system, and documentation at each level
▪ To peruse and monitor settlement offices to maintain of 100% recovery.
▪ To conduct settlement offices visit (Field Offices) to maintain check disbursement and recovery
record.