The job criteria for a Divisional Account Officer generally include the following qualifications and responsibilities:

Qualifications/Criteria

Job Designation

Divisional Account Officer

BPS

16

Provincial Job Quota

Punjab (14) Sindh (3) KPK (3) Baluchistan (2)

Provincial Job Quota Status

Open Merit

Mandatory Qualification

M.com or Equivalent (minimum 2nd division) from HEC Recognized University

Professional Certification/Course

Fresh (Experience will be preferred)

Eligible Gender for this Job

Male, Female & Transgender

Age

21-36 Years (Five Years Age Relaxation Included)

Place of Posting

Throughout Pakistan

Last Date to Apply

16 October 2024

Responsibilities under Desired Job

Financial Accounting:

Maintain accurate financial records, ledgers, and reports for the division.

Ensure timely and accurate posting of transactions in the accounting system.

Budgeting and Financial Reporting:

Assist in the preparation of divisional budgets, ensuring alignment with overall organizational goals.

Monitor and analyze financial performance against the budget, reporting any variances.

Internal Controls and Compliance:

Implement and ensure adherence to internal control procedures to safeguard the division’s assets.

Ensure compliance with applicable accounting standards, laws, and regulations in all financial operations.

Audit Preparation:

Assist in preparing for internal and external audits, ensuring that all financial documentation is complete and accurate.

Address audit findings and recommendations, working to improve financial processes and controls.

Payments and Reconciliations:

Oversee the processing of payments, including payroll, vendor payments, and other divisional expenses.

Perform bank reconciliations and ensure all discrepancies are resolved promptly.

Financial Analysis and Reporting:

Prepare periodic financial reports (monthly, quarterly, and yearly) for divisional management.

Provide financial analysis and insights to support decision-making within the division.

Team Leadership:

Supervise and mentor junior accounting staff, ensuring their professional development and adherence to accounting best practices.

Liaison with Other Departments:

Coordinate with other departments to ensure smooth financial operations and resolve any interdepartmental financial issues.

General Terms and Conditions

These contract positions offer competitive remuneration. Male, Female, and Transgender applicants from the listed provinces can apply. Candidates can apply for multiple positions by paying separate fees. Appointments will be made through oRea-Pakistan's Screening Test under the Recruitment Policy 2022. Age is calculated as of the application deadline, with a 5-year upper age limit relaxation per Service Rules. Government employees should apply through proper channels. No TA/DA for tests or interviews.

Procedure for Submission of Application Form

Apply online at www.oreapak.com. Pay the test fee using the 18-digit invoice number via Bank ATM, Internet/Mobile Banking, Easypaisa, Jazzcash, or TCS Express. Only 1Bill payments accepted. Incomplete or late applications won't be considered. Test dates will be notified to shortlisted candidates via oRea-Pakistan. A minimum of 50% marks in the test is required to qualify. The appointing authority may set a higher threshold if needed.

The role demands strong financial expertise, attention to detail, and the ability to work within deadlines while maintaining compliance with financial regulations.