Associate Finance (Payables)

Our purpose

You will be part of the largest skills development fund in Pakistan. PSDF’s purpose is to shape the future and well-being of our poor and vulnerable youth by giving them access to skills training of the highest standard so they can find sustainable employment and income-generating opportunities in Pakistan and beyond.

The impact we have created

PSDF is the largest skills development fund in Pakistan established as a section 42 (nonprofit) company, set up by the Government of Punjab in collaboration with the Foreign, Commonwealth and Development Office (FCDO). Over the past 10 years, it has funded training for over 500,000 youth across Punjab in 250+ demand-driven trades over six dedicated programs UMEED, AGHAAZ, URAAN, HARYALI, e-TAYYAR and MAHIR through an ecosystem of 500+ training service providers, primarily from the industry and private sector.

Diversified and challenging team

At PSDF, our team strongly believes in PSDF’s mission and purpose. We work in a fast-paced and challenging environment, striving to provide innovative solutions to enhance youth employment and entrepreneurship. We need someone who believes in our purpose and can deliver at our pace with an exceptional quality of work

The Finance Associate will ensure the control mechanism to enhance the accuracy of financial information and to comply with the audit requirements

The main responsibilities for this role are to

• Monthly compilation of Trial Balance including Accruals (Programme and Non- Programme) for timely and accurate monthly reporting including Budget Vs Actual
• Monthly preparation of various reconciliations which includes but is not limited to Inter company, Employee’s advances & their adjustments, TSP’s balances, taxes payable etc.
• Verification of accounting entries into SAP for correct postings and guidance to all related staff
• Support in External Audit starting from Final Trial Balance till disclosure requirements in Financial Statements as per applicable governing rules and liaison with external auditors to complete the audit in a timely manner
• Assistance to CFO and Lead Finance in daily operations including team management, funds management and raising requisitions to Donors
• Any other tasks assigned by CFO and Lead Finance

The Key Performance Indicators for this position are:

• Timely and accurate monthly & quarterly financial statements
• Timely Reporting (Internal & other external stakeholders)
• Timely external audit

To apply, you must have

• MBA/master’s in accounting & Finance/ACMA/CA finalist with 02 years excluding articles experience
• Minimum 2 years overall experience in finance

To perform effectively as Specialist Finance, the functional requirements are

• Thorough knowledge of IFRS
• Detailed knowledge of Federal & Provincial Tax Regulations
• Sound knowledge ERP systems from the operations point of view
• Understanding of company’s ordinance

Preferred mindset and capabilities we are looking for:

• Results driven and persistent to get the desired results and takes ownership of actions.
• Innovative and has an aptitude to welcome and try new ways of doing things and push for their execution.
• Willing to strive for excellence and can anticipate challenges for continuous improvement.
• A team player with an aptitude to work with the mantra of one team by proactively supporting others to solve challenges.
• Demonstrates respect for all and can put things in perspective and gauge all actions through merit and performance.

PSDF has a lot more to offer than a market competitive salary and perks. As a PSDF employee you will get:

• Professional development and career growth opportunities with the largest skills development fund in Pakistan.
• Experience a professional environment that believes in innovative solutions to addressing youth employment and entrepreneurship.
• Opportunity to develop and execute innovative approaches to skills development for Pakistan’s youth.
• Hands-on experience in designing, managing, and publishing results of highly diverse research projects in the field of youth employment, out of school children and skills for the digital economy.
• Opportunities to interact, learn and develop expertise by actively working on large-scale donor-funded projects. PSDF works closely and collaboratively with large international donors and organizations such as World Economic Forum, UNICEF, DFID-UK Aid, ILO, and World Bank
• Opportunity to work as one team with the most talented, dynamic, and seasoned professionals in the Development Sector.
• Experience a progressive, transparent, and fair organizational culture.