Accountant

Magnatec Systems

Posted 23 hours ago 281 views Report Job

PKR. 35,000 - 50,000/Month

This role involves recording all financial transactions, usually through a double-entry bookkeeping system, and preparing financial reports as required by management and external stakeholders.

Review the Work-in-Progress folder every Monday
Prepare invoices for approval
Prepare checks for approval invoices/expenditures (set day of week)
Prepare Payroll (could also be semi-monthly)
Complete Bank reconciliations by 10th of the month and review
stale checks (still outstanding one month or more after issue)
File returned checks and voids sequentially with previously
returned checks
Prepare and enter Adjusting Journal Entries
Prepare prior month reports by 15th of month
Petty cash reconciliation
Review Parish Financial Calendar & refer to Financial Manual
Deposit payroll taxes

Budgeting: Analyses, allocates, and controls financial information to assist day-to-day operations. At first, plans the budget for next year by mapping how much money would come in and how much would be spent. Once implemented, monitor and controls the budgeted items.Payroll. Prepares and processes salaries paid to employees, then records transactions and makes reports. In addition, this role requires this department to ensure the company’s payroll has complied with applicable rules and policies, both internal and external such as the government.

Treasury and Reconciliation: Allocate existing funds within the company. Preparing daily/monthly bank reconciliations, maintaining spreadsheets, preparing journal entries, monitoring bank activities, and correcting reconciliations. Need to reconcile all payments to ensure that the payments recorded actually took place and that records are accurate and complete.

TaxationPreparing and paying taxes. Managing, submitting and making tax reports. However, they also identify and record all transactions with tax consequences, which are needed for taxation, decision-making, and financial planning. Submission of return timely and preparation of CPR

ERP Have an experience in successfully completion of ERP implementation and development of custom reports and dashboards to meet business requirements.

Timings: 9 am till 6 pm (Sun-Thurs)

Skills

Payroll Taxes Management Bookkeeping Financial Transaction

Job Details

Industry:

Consultants

Functional Area:

Accounts, Finance & Financial Services

Total Positions:

3 Posts

Job Shift:

First Shift (Day)

Job Type:

Full Time/Permanent

Job Location:

Lahore, Pakistan

Gender:

Male

Minimum Education:

Bachelors

Degree Title:

ACCA/B.com/BBA

Career Level:

Entry Level

Experience:

Fresh - 1 Year

Apply Before:

Oct 04, 2024

Posting Date:

Sep 26, 2024

Magnatec Systems

Consultants · 301-600 employees - Lahore

Trusted experienced and professional dedicated teams for offshore development for your next project. We outsource professionals on the basis of required skills. Best offshore software development and IT outsourcing company Since we started, Magnatec Systems delivering IT outsourcing services worldwide for all type of industries. We provide high-quality solutions with its more than 200 skilled professionals including web developers, mobile application developers, analysts and creatives. We at Magnatec Systems, helping organizations to propel further and go beyond developing completely new categories & introducing new products & services faster than ever before. We are passionate about the digital world and value its endless possibilities. Delivering robust & scalable web and mobile apps for the Mobile-First world for a variety of business verticals... iOS, Android, cross-platform solutions, you name it, the mobile dev team has built hundreds of apps over the last decade. Leverage the power of AngularJS, the heroic HTML based framework, to build dynamic web apps. Need to run complex algorithms? Want extra security or custom features? Choose .NET as the programming language. PHP web application framework helps you to create fast, secure web applications and provide you technical freedom. Need a comprehensive and professional SEO services to get your business more visibility in search? Build personal sites, blogs, portfolios and even e-commerce sites on WordPress. Manage easily, all by yourself. We build applications and help migrate your existing software including SaaS and PaaS solutions to the cloud.