Assistant Manager Accounts Payable Job in Pakistan 2024

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Company Name: Toyota Pakistan

Indus Motor Company Limited (IMC) is a shared business between definite businesses of House of Habib of Pakistan, Toyota Tsusho Corporation (TTC) of Japan and Toyota Motor Corporation (TMC). Amalgamated in 1989, the Company productions and markets Toyota product vehicles in Pakistan. These comprise numerous variations of the flagship ‘Corolla’ and “Yaris” in category of the passenger car division, “Hilux” in the light commercial vehicle division and “Fortuner” in Sports Utility Vehicle division.

IMC’s production facility and offices are situated at a 109.5 acres site in Port Qasim, Karachi. The product is supplied to end customers countrywide via a robust system of 50 independent 3S Dealerships extended across the nation.

Above 31 years, since beginning, IMC has sold over and above 961,500 CBU/CKD vehicles. It has also validated striking progression in terms of volumetric growth. From a modest start of 20 vehicles per day manufacture in 1993, regular manufacture capability of the Company has now improved to 288 (with overtime) units per day. This has been prepared conceivable through the enlargement of human ability taking up the ‘Toyota Way’ of excellence and lean manufacturing.

Posted Date:

June 4, 2024

Category/Sector:

Automobile Industry

Job Duties/Responsibilities:

We are looking for a self-motivated and qualified person to join our finance team as an Assistant Manager – Accounts Payable. The best applicant ought to have an experience in accounting and finance, by having particular knowledge in handling accounts payable practices. If you are detail-oriented, have solid logical skills, and own a demonstrated track record of confirming financial compliance and correctness, we encourage you to apply for this position.

Management the Total Supply Chain Financial records:

Manage and supervise the whole accounts payable procedure contained by the supply chain.
Cooperate with several departments to confirm correct and well-timed recording of financial dealings.
Handling of Seller Payments and Make certain Compliance with SOPs.

Perform and oversee the dealing out of vendor payments as per recognized SOPs.
Make sure compliance with company guidelines and pertinent rules all through payment dealings.

Solving Vendor Payment Concerns on a Daily Basis:

Take pro-active measures to identify and solve any vendor payment concerns that possibly will rise on a regular basis.
Work together with internal stakeholders and vendors to simplify payment procedures.

Carrying out Monthly Closing Processes:

Manage and join in monthly closing actions connected to accounts payable.
Resolve accounts and make sure accurateness in financial accounts.
Organizing Accounts Payable Reports for presenting to Top Management.
Produce complete accounts payable reports for top management reporting.
Be responsible for awareness and inquiry on key financial metrics associated to accounts payable.

Establishing of Dashboard Reporting about Trend Breakdown:

Build and sustain dashboard reports for trend analysis related to accounts payable.
Recognize and lead into important trends, prospects and variances for enhancement.

Eligibility Criteria:

Candidate must have ACCA/ACMA/CA Finalist with having MBA Degree from well reputed University.
Minimum 2-3 years preferably experience in relevant large manufacturing companies.

Salary:

Market Competitive

Department:

Finance

Location:

Karachi

Job-type:

Full-time

How to Apply:

If you are a dynamic finance qualified with a strong eye for deep profound and a desire for procedure enhancement, we would like to encourage you to apply for this sensational vacancy. Participate in our team and share your part to the victory of our rising organization. Click Here for Application

What does Job Meaning?

Job is considered to be the most common activity in the world. Although, it is the way to perform task against getting payment to meet expense to their survival. More, it can be understood through employee and employer perspective. Employee is the person who is liable to perform task allocated by the employer at the time of agreement of employment in exchange an employee collects wages, salary, and other reward as their income. Although, Jobs includes varieties and diversification in term of blue collar and white collar jobs. Further, Multiple Jobs available in different industries includes Manufactory, IT Services, Wholesale, Retail, Consulting, Healthcare, Education, Finance, Accounts, etc. More, Jobs type may be involve permanent, temporary and contract with full-time or part-time which will be decide by mutual consent of both parties. On the other hand, Jobs have advantages and disadvantages respectively. Moreover, below are mentioned some most significant advantages and disadvantages of jobs.

Some Are The Important Job Advantages:

Following are the important Job advantages:

Skills Growth:

Skills growth playing pivotal role in your Job because job have teach and prepare you with great skills and learning through experience, mentorship etc. More, job entails countless opportunities to grow, sharp, excel and develop your exceptional skills which can be beneficial for professional career growth. Experience and mentorship are the great source to develop your skills through it.

Social Communication:

Job offers countless opportunities includes interact with subordinates, create professional networks among other employees, exchange your business cards among employees and build social connections helps to enhance and advance your career far beyond the expectations. As an employees, individual has to work together to achieve a common missions of companies.

Organized Routine:

Jobs builds structured routine which makes you punctual and teaches work life balance. Although, it is easy to maintain balanced in your work and life. Jobs align employee in such way to reach office on time, perform duties & responsibilities on time, appear in meetings before time and leave office on time to spend time family.

Financial Solidity:

Jobs makes you capable of generating income to maintain financial stability as well as security. Moreover, Jobs provides receiving salary on time which impacts to reduce dues for the employee although salary ranges are directly effects your financial stability because as much as high salary employee you are so more financial stability to maintain.

Gains in Job:

Benefits plays significant role in employee life. Further, Jobs provides many benefits such as bonuses, paid leaves, health insurance, spouse insurance, provident fund, gratuity, retirement plans, annual leaves, and yearly promotions but most of the benefits relay on your designation because in many companies benefits categorized by the designations or positions of employees in their companies such as manager benefits more better than assistant manager.

Career Development:

Every job come up with the great responsibility. Further, Job entails many chances of opportunities for career growth effected by promotions as employee performance. More, career progression process depend on the companies’ policies but most of the companies promote their employees on annual basis or there are rare chances of getting promotion if the company is able find right candidate for their current position so this case junior level position employees get promotion before the end of the year.

Some Are The Important Job Dis-Advantages:

Following are the important job disadvantages:

Lack of Interest:

This type of disadvantage is the most common factor in the industry. Further, some jobs aren’t excite employee and aren’t close to an individual’s interest, morals and ethics which type of job create lack of interest and happiness with the job. In Pakistan, it actually common practice perform by the many graduates due their lack of guidance, their university reputation, individual background etc. Although, even you a get job but you aren’t satisfied because of low salary but your expense are much higher than offered salary. As Saying, you can’t enjoy your job until or unless you love your job because if you like your job it will be the feeling flying over the moon and you are sure to deliver best effort you can offer.

Job Uncertainty:

Job uncertainty impact individual life effectively specially in the time of economic crises. Moreover, many employee are losing their jobs without any prior notice along not getting paid on time. Therefore, it create adverse effect over employee mental health during economic crises and it is difficult to jump on over other job immediately when jobs aren’t available easily.

Restricted Creativity:

It is considered to be the major issue in job market. More, some jobs contains strict processes, techniques and protocols which can restrain employee creativity. Further, it happens due to envy, office politics, referral employee, and manager pressure. However, this type of office culture exist and maintain by the abundance of companies in every industry even well reputed companies exploit this paradigm over employees.

Manipulative Pressure Task:

It creates employee life extremely terrible due to unbalance life, unstable mental health and insensitive health issues. Further, it is mostly in different industries for employee to find peace but rare to find out because burden to complete the task on time whether to spend time till late night in office with or without taking dinner. Although, employee fails to reach objectives makes pressure or working with problematic and tough managers and subordinate can turn happiness into stress.

Workplace Harassment:

Workplace harassment quite common in companies like multinational and local too but they are struggling to solve this issue because it’s hard to tackle. Moreover, it is performed and done by upper management or important position holders such as executive, managers, directors, chief financial officer, chief executive officer, chief operating officer, chief technology officer etc. Although, it happens due to they are willing to hold and control employee those who are working for them especially female employees suffer this a lot in any industry all around the world. Sometimes, harassment convert more severe in case of female employee by employer such as manager demand special favor to increase female employee appraisal even she deserves it but won’t get it. That’s why most of companies are losing their valuable and precious assets due harassment culture in workplace.