Position

Accounts Officer (Provident Fund Trustee) (Head Office (Lahore)

Job Criteria

Bachelor’s Degree in Social Sciences/Commerce with a minimum of 2 years’ experience in the social development /banking sector.

Job Responsibilities

1. Regular Accounting of all transactions of the fund including the following;

• Company Contributions;
• Employee Contributions;
• Investments by the Fund;
• Payments to Outgoing members;
• Temporary & Permanent withdrawals by members of Provident Fund;
• Repayment of Temporary withdrawals by members of Provident Fund;
• Interest Income on Bank Accounts and Investments;
• Interest Income on Temporary Withdrawals by members of Provident Fund;

2. Calculation of interest on advances and suggesting the repayment schedule.
3. Assist trustees to evaluate the provident fund loan requests by providing the updated balance and eligibility for the loan.
4. Response to the queries related to provident fund balance in a timely manner.
5. Review & Processing of Withdrawal Applications by the members in accordance with Income Tax Rules and Trust Rules.
6. Calculations and processing of Final Settlements of the members.
7. Provision of information regarding member’s balances and deductions from Payroll, on a monthly basis to the company
8. Allocation of Income of the Fund between the members.
9. Preparation and provision of the monthly bank reconciliation statements for the provident fund accounts.
10. Preparation and provision of Annual Statements to the members;
11. Preparation of Annual Financial Statements of the Fund
12. Coordination with External Auditor and responsible to conduct annual audit.

Compensations & Benefits

Market competitive salary with fringe benefits of Life insurance, Health insurance including family (Parents, Spouse & Kids), EOBI, Provident Fund etc.

Last Date to Apply

Aug 10, 2022

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we are an equal opportunity employer and value talent diversity. Therefore, females are encouraged to apply

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