Job Description
Company: Omega Power Systems
Location: Lahore, Pakistan (on-site)
Type: Full-Time, Morning Shift
Overview: Omega Power Systems, an electrical and electronic manufacturing and assembly firm, seeks an Assistant Accountant to support day-to-day finance operations in a hands-on production environment. The role reports to the Finance Manager/Owner and contributes to accurate financial records, timely reporting, and controls that support safe, high-quality manufacturing and assembly processes.
Key Responsibilities:
- Maintain and post daily accounting entries for purchases, sales, payments and receipts using the company accounting system.
- Reconcile bank statements, petty cash and supplier accounts regularly and prepare variance explanations.
- Process supplier invoices, prepare payment runs, and ensure proper documentation and approvals for disbursements.
- Assist with monthly closing activities: accruals, prepayments, inventory adjustments and preparation of schedules for management review.
- Support payroll data entry and ensure statutory deductions and contributions are recorded accurately.
- Prepare periodic management reports, cash flow summaries and simple financial analyses to aid operational decision-making on the shop floor.
- Maintain orderly filing and support audit readiness.
Job Specification
Must-have Skills:
- Working knowledge of double-entry bookkeeping and accounting principles.
- Proficient with accounting software (e.g., QuickBooks, Tally, ERP modules) and MS Excel: VLOOKUP, pivot tables and basic formulas.
- Experience with bank reconciliations, supplier reconciliations and petty cash management.
- Ability to prepare basic financial schedules: accruals, prepayments, inventory adjustments and aging reports.
- Familiarity with payroll processing, statutory deductions and basic tax compliance procedures in Pakistan.
- Strong attention to detail, numerical accuracy and timely record-keeping.
- Good communication skills to coordinate with procurement, production and external vendors.
- Organizational skills to maintain orderly filing and support audit readiness.
Job Rewards and Benefits
- Incentive Bonus
- Leaves
- Medical
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