https://oreapak.com
Pakistan Electric Power Company (PEPCO) was established in 1998 for implementation of the Strategic Plan for Privatization of Power Wing of WAPDA, approved by the Council of Common Interest (CCI) in 1993. It was decided that WAPDA’s Power utility functions be separated and the Power Wing be unbundled and corporatized into DISCOs, GENCOs, and the NTDC.
The job criteria for a Assistant Accountant generally include the following qualifications and responsibilities:
Qualifications/Criteria
Job Designation
Assistant Accountant
BPS
15
Provincial Job Quota
Punjab (20) Sindh (14) KPK (8) Baluchistan (5)
Provincial Job Quota Status
Open Merit
Mandatory Qualification
B.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 Record Keeping:
Maintain accurate and up-to-date financial records, including ledger entries, bank reconciliations, and journal entries.
Assist in recording day-to-day financial transactions and ensuring completeness.
Accounts Payable and Receivable:
Support the management of accounts payable by processing supplier invoices and payments.
Assist in managing accounts receivable by tracking customer invoices and processing payments.
Assisting in Financial Reporting:
Assist the senior accountant in preparing monthly, quarterly, and annual financial reports, such as balance sheets and income statements.
Help with the preparation of budgets, forecasts, and financial summaries.
Bank Reconciliation:
Perform regular bank reconciliations, comparing bank statements with internal financial records to ensure accuracy.
Resolve discrepancies in a timely manner.
Payroll Support:
Assist in payroll processing by ensuring accurate record-keeping of salaries, wages, and deductions.
Maintain employee payroll records and coordinate with HR for any payroll-related adjustments.
Tax Filing and Compliance:
Support tax preparation and filing processes, ensuring compliance with local and national tax laws.
Assist in compiling documentation for audits and tax assessments.
Expense Management:
Help with managing and tracking employee expenses, ensuring proper documentation and adherence to company policies.
Assist in preparing and reviewing expense reports.
Data Entry and Filing:
Enter financial data into accounting software, ensuring accuracy and completeness.
Maintain an organized filing system for financial records, ensuring they are easily accessible for audits and reviews.
Audit Support:
Assist in internal and external audit preparations by providing necessary financial data and documentation.
Address audit findings and implement corrective actions as needed.
Collaboration and Communication:
Work closely with other departments (e.g., procurement, HR, finance) to ensure smooth financial operations.
Provide support to senior accountants and finance managers as needed.
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.
This role requires a good foundation in accounting principles, attention to detail, and a proactive approach to supporting the financial team in achieving its goals.