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Finance Officer

The Finance Officer will manage the organisation\'s financial resources efficiently and effectively, ensuring compliance with internal policies and external regulations. The Finance Officer will support the financial management, budgeting, accounting, and reporting functions to enhance the financial health of the office where they will be deployed.

Major Responsibilities:

Financial Management and Reporting

Prepare and analyse financial statements and ensure all finances are properly administered and monitored.
Maintain and organise all financial vouchers, ensuring they are accurately prepared, verified, and filed.
Ensure PR/POs are verified before payment.
Prepare monthly, quarterly, and annual financial reports for timely submission to the line manager.
Monitor and report on financial performance against budgets and forecasts.
Maintain payable records and ensure timely submission of monthly funds requests to Head Office.
Oversee and manage petty cash, along with cheque book management, and transactions ensuring accurate record-keeping, compliance with financial policies, and timely reconciliation.

Budgeting and Forecasting

Assist in the preparation of the annual budget and periodic forecasts.
Monitor budget implementation and expenditures to ensure they are within approved limits.
Prepare monthly variance statements, provide variance analysis, and explain any discrepancies between actuals and budgets.

Accounting and Compliance

Oversee day-to-day accounting operations, including accounts payable, accounts receivable, and general ledger functions.
Ensure compliance with all relevant accounting standards, tax regulations, and internal financial policies.
Ensure timely and accurate submission and disbursement of taxes.
Coordinate and support external and internal audits.

Internal Controls and Risk Management

Implement and maintain effective internal control systems to safeguard the organisation\'s assets.
Identify financial risks and develop mitigation strategies.
Ensure proper documentation and filing of all financial transactions for record-keeping and compliance.

General Management

Verification of bills from consultants in consultation with the line manager.
Preparation of vouchers and submission to line manager for verification and signing.
Adhere fully to organisations’ financial policies and procedures with no deviation.
Maintain bank records and deal with the bank in all financial matters.
Undertake any other task/duties assigned by the line manager and Head Office Finance Department.
Manage cash flow and ensure adequate liquidity for operational needs.
Maintain and enhance financial systems to ensure efficiency and accuracy.
Identify opportunities for process improvements and implement best practices.

Skills

Financial Reporting Time Management Skills Interpersonal Skills Communication Skills Close Attention To Detail MS Office Financial Software Problem Solving Skills Analytical Skills Financial Regulations Tax Local Pakistani Laws Accounting Principles

Job Details

Industry:

Consultants

Functional Area:

Accounts, Finance & Financial Services

Total Positions:

1 Post

Job Shift:

First Shift (Day)

Job Type:

Contract

Job Location:

Lahore, Pakistan

Gender:

No Preference

Minimum Education:

Masters

Degree Title:

ICMA Inter or CA partly qualified or MBA

Career Level:

Experienced Professional

Minimum Experience:

5 Years (Should have atleast 5 years of relevant work experience in the field of finance and familiarity with financial processes and financial management)

Apply Before:

Aug 08, 2024

Posting Date:

Jul 30, 2024

RIZ Consulting

Consultants · 51-100 employees - Lahore

RIZ Consulting is a boutique management consulting and training firm established in 1993, headquartered in Islamabad, Pakistan. We work with both local and multinational clients on interventions ranging from strategic steering, operations management, facility management, institutional development, communications, capacity building, project/ financial management, facilitating off-sites/ retreats and research services. As an organization, we use modern management theories and tools, combined with practical experiences in our interventions, offering an integrated approach to organizational development that is aligned with wider organizational strategies and change management processes. We also strive to institutionalize 'gender-responsiveness' as a cross cutting theme across all our projects.

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