Manager, Accounting and Taxation
Shekhani Industries
Published Date: • Karachi, Pakistan (On-Site)
Description
Shekhani Industries is seeking a highly skilled Manager for Accounting and Taxation to lead and oversee the accounting and tax functions. This role demands extensive expertise in financial reporting, tax compliance, and management of accounting processes, including month-end and year-end close activities. The successful candidate will manage a team of one and ensure all accounting activities align with GAAP and IFRS standards while maintaining accuracy and compliance with relevant tax regulations. Experience in textile manufacturing and exports will be advantageous, particularly knowledge of filing monthly sales tax returns and annual returns. The Manager will collaborate closely with internal departments and external auditors to uphold audit standards and support smooth business operations. The Manager handles detailed responsibilities such as general ledger management, audit management, and stock valuation. They will be instrumental in cycle counting and variance analysis to maintain inventory accuracy and oversee purchase-record reconciliation alongside audit documentation. The role requires a strategic thinker who can plan tax activities proactively to minimize liability and support the company’s financial health. This leadership position demands strong organizational and analytical skills, a thorough understanding of ERP systems, and the ability to lead and develop accounting personnel effectively.
Responsibilities
- Lead and manage the accounting and taxation team, providing guidance and oversight for all accounting operations.
- Oversee month-end and year-end closing activities to ensure accurate and timely financial reporting.
- Ensure compliance with GAAP, IFRS, and applicable tax laws, including the preparation and filing of monthly and annual tax returns.
- Manage general ledger activities including reconciliations, adjustments, and audit preparations.
- Coordinate and manage internal and external audit processes, providing required documentation and responding to inquiries.
- Conduct cycle counting and physical-to-system variance analysis to maintain accurate inventory records and facilitate stock valuation.
- Perform purchase-record reconciliation and maintain comprehensive audit documentation.
- Develop and implement effective tax planning strategies to optimize tax liabilities in compliance with laws and regulations.
- Collaborate with ERP system administrators to ensure accounting data integrity and system efficiency.
- Review and analyze financial data to identify discrepancies and recommend corrective actions.
- Build and maintain relationships with tax authorities and external auditors to ensure smooth audits and compliance.
- Provide training and development opportunities for team members to enhance their skills and improve departmental performance.
- Keep up to date with changes in accounting standards and tax regulations, incorporating updates into company processes.
- Support the finance leadership team in financial planning, budgeting, and forecasting activities.
- Monitor industry trends, especially in textile manufacturing and exports, to ensure compliance and identify opportunities for improvement.
Experience
7 Years
Apply By
Required Skills
- GAAP and IFRS
- Compliance Monitoring
- Tax Filing Procedures
- Cycle Counting and Stock Variance Analysis
- Stock Valuation and Accounting Entries
- Purchase-Record Reconciliation and Audit Documentation
- Cycle Counting and Physical-to-System Variance Analysis
- Audit Management
- ERP Systems
- General Ledger Management
- Month-End and Year-End Close
- Tax Planning
- Tax Compliance
- Financial Reporting
Nice to Have Skills
- Team Management
- Inventory Management
- Financial Analysis
- Internal Control