Assistant Manager Accounting Operations – Nestle – Lahore – Pakistan
Nestle invites application for Assistant Manager Accounting Operations in Lahore, Pakistan
Faculty Title:
Assistant Manager Accounting Operations
Position Details:
Location: Lahore
Full Time | On-site
Position Snapshot:
Achieve PEC accelerated timelines the process entails close coordination with various stakeholders for timely inputs in standardized form. Improve balance sheet integrity by working in close coordination with NBS Team and monitoring of aged items and accruals on a regular basis. Timely completion of External Audit and preparation of Financial Statements in line with the revised Global timelines.
Job Description:
- Ensure adherence to local statutory / regulatory financial requirements, Nestlé Accounting Standards & International Accounting Standards (IAS, IFRS etc.).
- Maintain accuracy and continuous improvements in financial reporting, such as Financial Statements (B/S, P&L, and Cash Flow).
- Coordination with External Auditors to ensure the smooth, timely & flawless Audit Process in compliance of all applicable financial standards and follow up on action items.
- Apply appropriate Internal Control measures to all Financial Accounting processes to safeguard the company’s assets by implementation of Standard Routines.
- Manage smooth execution of PEC activities (Recurring, Royalty Run, Provisions booking, Currency valuation, coordinating with entire Market for timely execution of transactions) and ensure acceleration of PEC process in line with Global targets.
- Monthly calculation and certification of GLF Royalty from EY
- Depending upon Risk matrix booklet, perform monthly GL reconciliations and assist NBS Team to ensure timely submission of reconciliation data from Market stakeholders and review the GLs for completeness of reconciliations submitted by NBS Team.
- Ensure clearing of aged items above 360 days. Responsible for maintaining KPI of zero accruals above 360 days.
- Preparation of presentation of GL reconciliations for F&C MOR on a quarterly basis. And ensure that KPI 100% GL Reconciliation is met.
- Perform Work stream review for monthly analysis of High-risk accounts to track the ageing of accruals/ provisions and present to HODS for review.
- Preparation of Quarterly analysis and Board presentation to summarize the results for the quarter and YTD.
