Senior Officer STP

     

JOB DESCRIPTION:

Job Summary:

The role is responsible for managing accounts payable processes related to direct and indirect material purchases, ensuring accurate financial reporting and compliance. Key duties include invoice verification through three-way matching, reconciliation of purchase registers and price variances with the General Ledger, preparing liability and advance schedules, provisioning expenses, and supporting audits and tax reporting. The position demands strong analytical skills, attention to detail, and adherence to financial controls.

Major Responsibilities

• Processing direct/indirect material payments after three-way matching.
• Local purchase register reconciliation with General Ledger.
• Purchase price variance report reconciliation with General Ledger.
• Preparing monthly liability schedules and reconciliation with GL.
• Processing TPM invoices after due verification.
• Advance Schedule Reconciliation.
• Provisioning of expense at month end.
• Providing purchase-related information to internal/external auditors.
• Providing information related to Sales/Income tax of local purchases.
• Preparing aging of raw and packing material invoices and advances.
• Ensure compliance with financial policies and its related controls

Educational Qualifications

• Bachelor’s degree in Accounting, Finance, or Commerce (B.Com, BBA, or equivalent).
• Professional certification (ACCA, ICMA, CA Inter) is a plus.

Experience

• 1–2 years of relevant experience in accounts payable, procurement finance, or general ledger reconciliation.
• Experience in ERP systems (SAP, Oracle, Microsoft Dynamics) preferred.

Technical Skills

• Strong understanding of three-way matching (PO, GRN, Invoice).
• Proficiency in Microsoft Excel (VLOOKUP, Pivot Tables, etc.).
• Familiarity with General Ledger accounting and reconciliation processes.
• Knowledge of tax regulations related to purchases (Sales Tax, Income Tax).
• Experience in preparing financial schedules and reports.
   

     

The base pay for this position is

N/A

In specific locations, the pay range may vary from the range posted.

     

JOB FAMILY:

Accounting & Reporting

     

DIVISION:

IFO International Finance

        

LOCATION:

Pakistan > Karachi : Opp: Radio Pakistan Transmission, Hyderabad Road, Landhi

     

ADDITIONAL LOCATIONS:

     

WORK SHIFT:

Standard

     

TRAVEL:

No

     

MEDICAL SURVEILLANCE:

No

     

SIGNIFICANT WORK ACTIVITIES:

Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day)