Executive Finance & Accounts

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.

Job Description

Financial Reporting & General Ledger

• Verifying the effects of transactions including sales, receipts into general ledger and reconciliation of differences
• Verifying accuracy of inventory costing in financial database
• Reconciling physical records with financial database
• Maintaining record of security deposits received and refund
• Identifying and recording of financial transactions
• Ensuring completion of transactions in financial database at period-end
• Preparing segment reports as per management requirements
• Preparing and verifying bank reconciliations
• Assisting in preparation of quarterly and annual financial statements and allied schedules in accordance with the requirements of the Companies ordinance, 1984 and financial reporting standards

Fixed Asset Management

• Processing payments of Contracts/Purchase Orders regarding property, plant and equipment.
• Reconciliation of payable accounts and commitments.
• Clearing of shipments -imports against LC’s & payments processing
• Capitalization of assets at commissioned retail outlets & others assets
• Preparation of various Fixed Assets Reports
• Preparation of related disclosure in the quarterly and annual financial statements in accordance with requirements of the Companies ordinance, 1984 and financial reporting standards.

Direct and indirect taxation (corporate)

• Understanding of taxation laws including income tax ordinance 2001, sales tax act 1990 and provincial tax laws
• Understanding of federal excise law
• Knowledge of withholding tax, filling of income tax return under income tax ordinance and sales tax act,
• Knowledge of import and exports under custom Laws.

Company Secretarial Matters

• Good knowledge of working in Listed Companies including reporting to Regulators and compliance.
• Filing of different Forms and Returns with Securities and Exchange Commission of Pakistan, Company Registrar and stock exchanges et..
• Assisting Company Secretary in preparation of working papers for Board and General Meetings.
• Handling queries of shareholders for payment of dividends/ bonus issue and liaison with Shares Registrar etc.
• Maintaining the statutory registers and working on quarterly and annual reports.

Job Requirements

• ACMA / CA (Inter) / ACCA/ CS
• Minimum of 2-4 years relevant experience in any listed or public limited company. (Experience in Oil & Gas Sector will be preferred).
• Should be able to work independently and improve the entity’s system and controls
• Highly energetic and motivating team player,
• must be proficient in MS Office and accounting software especially knowledge of Sidat Hyder financials.
• Must possess good analytical, interpersonal and communication skills.