Assistant Accountant

DWP Group · Lahore, Pakistan

We are currently seeking a motivated Assistant Accountant to join our finance team. The ideal candidate will have a solid understanding of accounting principles and possess experience in various accounting tasks.

Responsibilities:

• Process bank payments accurately and in a timely manner, ensuring adherence to company policies and procedures.
• Handle vendor payments efficiently, verifying invoices and reconciling payments to maintain accurate financial records.
• Perform bank reconciliations regularly to ensure the accuracy of financial transactions and resolve any discrepancies.
• Reconcile ledger accounts related to vendors, ensuring consistency and accuracy in financial reporting.
• Assist in tax calculations and preparations, ensuring compliance with relevant tax laws and regulations.
• Generate stock reports to provide insights into inventory levels and assist in inventory management decisions.
• Book vendor invoices promptly and accurately, maintaining proper documentation and records.
• Deduct taxes from vendor payments as required by tax regulations and ensure proper documentation of tax deductions.

Qualifications:

• Bachelor's degree in Commerce (B. Com), Business Administration (BBA), or equivalent.
• Minimum of 1 year of experience in an accounting role.
• Proficiency in bank payment processing and vendor payment procedures.
• Experience with bank reconciliation and ledger reconciliation.
• Working knowledge of tax calculations and reporting.
• Ability to generate and analyze stock reports.
• Familiarity with vendor invoice processing and documentation.
• Understanding of tax deduction procedures from vendor payments.