Accounting and Tax Manager

About the role

Shekhani Industries is looking for an Accounting and Tax Manager in Karachi to lead and oversee the accounting and tax functions. The role covers financial reporting, tax compliance and management of accounting processes, including month-end and year-end close. The manager leads a team of one and ensures accounting activities follow GAAP and IFRS standards and comply with tax regulations. Experience in textile manufacturing and exports, especially monthly sales tax returns and annual returns, is advantageous.

Key responsibilities

• Lead and manage the accounting and taxation team, giving guidance and oversight on all accounting operations.
• Oversee month-end and year-end closing for accurate, timely financial reporting.
• Ensure compliance with GAAP, IFRS and applicable tax laws, including preparing and filing monthly and annual tax returns.
• Manage general ledger activities, including reconciliations, adjustments and audit preparations.
• Coordinate internal and external audits, provide documentation and respond to auditor inquiries.
• Conduct cycle counting and physical-to-system variance analysis, maintain accurate inventory records and support stock valuation.
• Perform purchase-record reconciliation and keep comprehensive audit documentation.
• Develop tax planning strategies to optimise tax liabilities in line with the law.
• Work with ERP administrators to protect data integrity and system efficiency.
• Analyse financial data, identify discrepancies and recommend corrective actions.
• Build relationships with tax authorities and external auditors.
• Train and develop team members and stay up to date with accounting standards and tax regulations.
• Support the finance leadership team in financial planning, budgeting and forecasting, and monitor textile manufacturing and export trends.

Required profile

• Extensive expertise in financial reporting, tax compliance and accounting process management.
• Ability to lead and develop accounting personnel.
• Strong organisational and analytical skills.
• Experience in textile manufacturing and exports is advantageous.

Required skills

• GAAP and IFRS knowledge
• ERP systems
• Tax return preparation and filing