Manager Statutory Reporting

Manager Statutory Reporting

Location: Karachi, Pakistan

Function: Corporate Finance

About the Role

We are looking for a Manager Statutory Reporting to lead the Company's statutory financial reporting function, ensuring the timely, accurate, and compliant preparation and submission of quarterly and annual financial statements. The role will ensure adherence to applicable IFRS Accounting Standards, the Companies Act, 2017, SECP regulations, Pakistan Stock Exchange (PSX) requirements, and other relevant regulatory requirements. It will also drive effective external audit coordination, strengthen financial reporting controls, and enhance reporting processes through standardization, automation, and digital solutions.

Key Responsibilities

• Lead the preparation of quarterly and annual financial statements, including standalone and consolidated financial statements, where applicable, ensuring accuracy and compliance with statutory reporting timelines.
• Ensure financial reports, disclosures, and supporting schedules are complete, accurate, consistent, and aligned with applicable reporting requirements.
• Coordinate with Finance and business teams to ensure timely submission of reporting packs, schedules, and explanations required for statutory reporting.
• Ensure appropriate accounting treatment and disclosures for complex and non-routine transactions in accordance with applicable IFRS Accounting Standards.
• Maintain and periodically update the Company's IFRS disclosure checklist, ensuring compliance with applicable disclosure requirements.
• Assess new and amended IFRS Accounting Standards, evaluate their impact on financial reporting and disclosures, and ensure appropriate implementation of relevant changes.
• Ensure consistency between financial statements, accounting records, management reports, and other public disclosures.
• Ensure compliance with the Companies Act, 2017, applicable SECP regulations, notifications, directives, circulars, and PSX financial reporting and disclosure requirements.
• Coordinate the Company's financial reporting requirements relating to IFRS S1 and S2, as applicable.
• Act as the primary Finance coordination point for external statutory audits, ensuring effective planning, execution, and timely resolution of audit matters.
• Develop and monitor audit timetables and ensure timely provision of audit schedules, reconciliations, supporting documents, and management explanations.
• Review audit adjustments and proposed accounting treatments, coordinating with relevant stakeholders to ensure appropriate resolution.
• Coordinate with relevant departments to address matters identified in audit management letters and cover letters.
• Analyze recurring audit issues and recommend improvements to reporting processes and internal controls to minimize future audit observations.
• Oversee Material Master Operations and identify opportunities for process improvement.
• Identify and implement opportunities to improve the efficiency, accuracy, and timeliness of statutory reporting processes.
• Drive the automation and standardization of reporting schedules, disclosure processes, audit requests, and compliance trackers.
• Promote the effective use of SAP, reporting tools, and digital solutions to strengthen financial reporting controls and reduce manual intervention.

Qualifications

• A Bachelor's or Master's degree in Accounting, Finance, or a related discipline; a professional accounting qualification such as CA, ACCA, or equivalent is preferred.
• Relevant experience in statutory financial reporting, financial statements preparation, and regulatory compliance.
• Strong knowledge of applicable IFRS Accounting Standards, the Companies Act, 2017, SECP regulations, and PSX reporting requirements.
• Experience in managing external statutory audits, coordinating with auditors, and resolving audit observations.
• Proficiency in SAP and MS Office, particularly Excel; experience with financial reporting automation and digital reporting tools will be an advantage.
• Familiarity with IFRS S1 and S2 reporting requirements will be an advantage.

What We're Looking For

• Strong technical accounting expertise with a high degree of accuracy and attention to detail.
• Excellent understanding of statutory reporting, regulatory compliance, and financial disclosure requirements.
• Strong analytical, problem-solving, and financial reporting skills.
• Effective stakeholder management and communication skills, with the ability to coordinate across Finance, business teams, and external auditors.
• Strong planning and organizational skills, with the ability to manage multiple reporting deadlines.
• A continuous improvement mindset, with a focus on process standardization, automation, internal controls, and reporting efficiency.

Lucky Core Industries is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, colour, religion, gender, gender identity, national origin, age, disability or any other protected status.