Accounts Officer

Qualilfication: Preferably Qualified Accountant ACMA / ACCA /bachelor’s in business administration or equivalent qualification. Experience: Preferably 08 years’ experience in finance and accountancy. Experience in reporting to donors. Good understanding of the laws of Pakistan and Punjab related to accountancy. Experience working for projects financed by ADB and other multi-lateral donors in an advantage.Preference will be given to those who possess relevant experience with foreign funded projects and overseas relevant experience / relevant experience with international organization and Government Institutions. Age: Upto 50 Years

Accounts Officer will perform the following functions, including but not limited to: Assist the Project Management Unit / Government of Punjab in management of internal and external audits. Keep financial records and perform financial procedures (e.g.,receipts, payments requests, petty cash). Ensure expenses are authorized and processed in accordance withagreed procedures for both Government of Punjab and ADB. Maintain accounting records, ensuring they are complete, accurate, well-archived and safeguarded. Assist in development of financial management framework for the Project and assist in implementation and progress review.  Provide support and guidance in the implementation and monitoring of the Financial Sustainability Action Plan under the Project. This includes assistance in the preparation of financial monitoring reports etc. Provide inputs to quarterly, semi-annual and annual reports as needed.  Support PIU and IAs in the preparation of disbursement related documents withdrawal applications, and documents for advance accounts. Identify, procure, develop, and set up a financial management system (FMS), project financial information and accounting system to be used during the implementation of the Project. Provide guidance for development and implementation accounting software and provide training on FMS for recording of financial transactions, maintaining proper books of accounts for PIU and IAs. Prepare and implement strong internal financial control systems as per ADB guidelines. Elaborate and propose procedures for setting-up and maintaining consolidated project accounts throughout the implementation of the project. Provide assistance for the preparation of the first annual work plan and budget and of work plan and budget for the subsequent Project’s years as well as in updating of detailed cash flow projections. Provide assistance to prepare loan withdrawal applications for the payment of eligible Project costs and other disbursement related documents. Assist the PIU in preparing the Project’s financial progress reports as required by ADB; provide required inputs and information necessary for the preparation of periodical progress reports and completion report. Advice on capacity building needs of PIU and IAs staff, review financial management capacity building programs proposed by the suppliers of the FMS software, and provide assistance during the delivery of training sessions. Monitor project expenditures and supervise the quarterly and annual financial reports. Assist and provide support to PIU and IAs to maintain regular  bookkeeping and accounting. Support the Implementing Agencies (IAs) to identify finance options available for financing urban infrastructure through public-private partnership. Perform any other tasks / assignment that may be assigned by PD,PIU or ADB etc.