Assistant Accountant

Job details

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