Team Lead (Accounting)

Karachi - Pakistan

Monthly Salary: Not Disclosed

Posted on: 30+ days ago

Vacancies: 1 Vacancy

The job posting is outdated and position may be filled

Job Summary

Position Title: Team Lead Accounting
Department: Finance
Reports To: Head of Finance / Finance Manager
Job Purpose
To lead the accounting team in managing end-to-end financial operations ensuring accurate reporting compliance with standards effective payroll management and supporting organizational growth through efficient processes and strong financial controls.

Key Responsibilities

Supervise and manage the accounting team in daily operations.
Oversee accounts payable receivable reconciliations and general ledger management.
Ensure timely month-end and year-end closing and preparation of financial statements.
Manage payroll processing including salary calculations deductions overtime and final settlements.
Calculate and ensure compliance with payroll-related taxes and statutory contributions (e.g. social security provident fund withholding tax).
Develop document and implement accounting policies and internal controls.
Prepare and monitor budgets forecasts and financial planning.
Ensure timely and accurate posting of all transactions into ERP/accounting systems.
Support management with financial insights variance analysis and decision-making data.
Lead process improvement initiatives and adoption of digital tools/ERP upgrades.
Train mentor and evaluate accounting team members to enhance performance and efficiency.
Maintain organized records and ensure compliance with regulatory and company policies.
Collaborate with different departments for their expenses and queries.

Qualifications

Bachelors/Masters in Accounting Finance or Commerce.
Professional certification preferred (Part Qualified ACCA ICMA MBA).

Experience

45 years of experience in accounting/finance.
At least 2 years in a supervisory/team lead role.
Experience with ERP/accounting systems (Oracle QuickBooks).

Skills & Competencies

Strong leadership and team management skills.
Solid understanding of payroll systems and statutory compliance.
Analytical problem-solving and decision-making abilities.
Proficiency in MS Excel and financial reporting tools.
Strong communication and interpersonal skills.

Required Experience:

Senior IC

Position Title: Team Lead AccountingDepartment: FinanceReports To: Head of Finance / Finance ManagerJob PurposeTo lead the accounting team in managing end-to-end financial operations ensuring accurate reporting compliance with standards effective payroll management and supporting organizational gro...

Key Responsibilities

Supervise and manage the accounting team in daily operations.
Oversee accounts payable receivable reconciliations and general ledger management.
Ensure timely month-end and year-end closing and preparation of financial statements.
Manage payroll processing including salary calculations deductions overtime and final settlements.
Calculate and ensure compliance with payroll-related taxes and statutory contributions (e.g. social security provident fund withholding tax).
Develop document and implement accounting policies and internal controls.
Prepare and monitor budgets forecasts and financial planning.
Ensure timely and accurate posting of all transactions into ERP/accounting systems.
Support management with financial insights variance analysis and decision-making data.
Lead process improvement initiatives and adoption of digital tools/ERP upgrades.
Train mentor and evaluate accounting team members to enhance performance and efficiency.
Maintain organized records and ensure compliance with regulatory and company policies.
Collaborate with different departments for their expenses and queries.