Senior Executive - General Ledger & Financial Reporting

Leading Petroleum Company

Posted Yesterday 133 views Report Job

Manage the addition and deletion of fixed assets, run monthly depreciation processes, process asset transfers within the system.
Oversee the approval and payment process for invoices related to fixed assets, including payments against contracts and purchase orders.
Verify final settlement summaries against contractor agreements and ensure payment accuracy.
Process payments related to Letters of Credit (LC) for foreign transactions.
Perform regular reconciliation of CWIP (Capital Work In Progress) and supplier accounts.
Prepare additions and deletions reports for insurance purposes, ensuring they are in the required format.
Oversee physical inspection and tagging of fixed assets, including newly commissioned items.
Coordinate with auditors for quarterly, semi-annual, and annual audit schedules.
Provide reports for board approval, including coordination with external auditors and the insurance department.
Process payments for newly acquired fixed assets and ensure appropriate record-keeping.
Ensure accurate documentation and reporting of all fixed asset transactions.
Maintain comprehensive records of contracts, purchase orders, and associated documents.
Manage payments to government authorities and maintain records related to these payments.
Handle bank-related coordination for payment processing and reporting.
Resolve system issues and provide recommendations for new system developments related to fixed asset management.
Oversee the tagging and physical verification of fixed assets at various locations, including retail outlets, terminals, and offices.

Skills

Accounts Reconciliation Financial Analysis Financial Statement Analysis

Job Details

Industry:

Mining / Petroleum

Functional Area:

Accounts, Finance & Financial Services

Total Positions:

1 Post

Job Shift:

First Shift (Day)

Job Type:

Full Time/Permanent

Department:

Finance & Accounts

Job Location:

Rawalpindi, Pakistan

Gender:

No Preference

Minimum Education:

Masters

Degree Title:

ACMA / ACCA Qualified / MBA (Finance) / CA Inter

Career Level:

Experienced Professional

Experience:

8 Years - 10 Years (responsible for ensuring accurate financial reporting and compliance with regulatory standards. This role involves collaboration with cross-functional teams, analysis of financial data, and participation in the monthly close process)

Apply Before:

Feb 08, 2025

Posting Date:

Jan 29, 2025

Leading Petroleum Company

Mining / Petroleum · 101-200 employees - Rawalpindi

A dynamic and progressive Petroleum Company, involved in Oil and Gas related activities, with a vision to be a trustworthy and leading organization for providing consistently high quality and environment friendly products and services in the market. The Company is highly committed to provide its employees with a safe, healthy, open work environment and treatment of all its employees with respect. The Company is an equal opportunity employer and offer conducive work environment, attractive compensation package and long term career opportunities for competent individuals.