- Ensure that all payments are processed accurately, by verifying the tax status through FBR portal, and in compliance with the Standard Operating Procedures (SOPs).
- Ensure that taxes are withheld on payments as per statutory laws and regulations.
- Prepare bank reconciliation statements.
- Ensure invoices are raised on a timely basis and are included in the Sales Register.
- Ensure receivables and receipts are properly and timely recorded in the GL. Maintain receivables ageing and follow-up on overdue receivables.
- Maintain records of of fixed assets acquisition, depreciation, disposal and impairment of assets.
- Prepare periodic and ad-hoc financial reports / statements in an accurate and timely manner in accordance with laws and regulations.
- Enforce proper accounting treatments and principles as prescribed in the relevant international accounting standards and local requirements, as per adopted policies.
- Ensure an accurate and timely monthly, quarterly and year-end financial close by coordinating with all relevant sections within the organization.
- Establish, measure and monitor financial and non-financial KPIs by performing historical and forecasted trend (revenue and cost) analysis to evaluate the overall operational and financial performance of the business.
- Preparation & timely e-filling of annual income tax return, quarterly advance tax intimation and monthly tax statements.
- Correspondence with relevant tax authorities on notices/enquires along with compilation of all relevant information which are required.
- Must be able to work in or outside the offices.
- Must be able to deliver the required output under the work stress level.
- Lead annual audit process, liaise with external auditors and the senior management, assess and implement any changes where necessary.
PIBT has been setup as the Country’s first terminal for handling Coal, Clinker and Cement on build, operate and transfer (BOT) basis at Port Qasim Authority. Port Qasim is located Fifty Kilometres from Karachi, on the coast line of the Arabian Sea. It has a forty five kilometer long navigation channel which provides safe and convenient navigation for vessels. Port Qasim handles more than 40% of Pakistan’s cargo. PIBT has built capacity for handling upto 12m tons of Coal and 4 million tons of Cement & Clinker per year, which can together be further enhanced upto 20 million tons per year. PIBT has been set up for handling and delivering coal to Power and Cement plants by utilizing the rail, road and sea networks. PIBT has become an integral part of the coal supply chain upto the entry gates of power and cement plants located across the country.
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