Financial and Regulatory Reporting Analyst

Position Overview

ACCOUNTS PAYABLE

• Review supporting documents of voucher for relevancy and completeness.
• Review tax deductions as per income tax and sales tax ordinance.
• Review vouchers for allocation of expense to accounts and cost centers.
• Maintenance of accounts payable record.
• Postings of vouchers into SAP R/3 System.
• Review staff related expenses as per limits.
• Prepare pay order and advises.
• Coordinate with other departments to settle the working A/c in IDMS.
• Maintenance of vendors master records.
• Posting monthly accruals and recurring entries
• Execution of payment run at day end for all branches.
• Control of IDMS “VPCPO” reports after the reconciling with SAP posting reports.
• Reconciliation of working accounts.
• Maintaining the recurring entries on monthly basis and updating new payments.
• Coordinate with CBRE and provide assistance with their reconciliation accounts.
• Provide WHT challans & sales tax certificates to the vendors.
  
  
  

TAXES

• Quarterly preparation of Withholding tax report for all branches and submit / upload through web link (e-filing) to local tax authority. This includes tax on vendor payments handled by AP and tax handled by other departments / branches on other items.
• Submission / upload the tax exemption report to local tax authority through web link (e-filing) on half yearly basis.
• Preparation and submission of Sales Tax Report to local Tax Authority through (e-filing) on web.
• Preparation and submission of weekly Withholding Tax to local Tax Authority through e-filing.
• Preparation of reply on Notices received from PRA/SRB/FBR related to AP.
  
  
  

INSURANCE / FIXED ASSETS

• Arrangement of annual insurance renewals and handling insurance related queries of various insurance policies Motor Vehicle Insurance, Mobile Insurance, Terrorism Insurance, Fire Material Damage, Plate Glass Insurance, Electronics Equipment Insurance, Bankers Blanket Bond Insurance, Commercial General Liability Insurance and Travel Insurance.
• Fixed assets document review, together with all necessary approvals/authorizations and its booking/capitalization in FA register.
  
  
  

REGULATORY REPORTING

• Working as a backup for:
• Daily Financial Statement for onwards submission to SBP.
• Weekly Financial Statement for onwards submission to SBP.
• Other various returns for submission to SBP.
  
  
  

GROUP REPORTING

• Prepare reconciliation of expenses between SAP and IDMS on monthly basis.
• Prepare monthly MIS (Lahore branch) to evaluate department-wise and branch wise performance.
• Updating and sending Allocation related cycle documents to DKS.
• Ensure timely reporting/submission of Value Added Tax.
  
  
  

Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.