Accountant

Masood Traders is a Lahore-based sole proprietorship specializing in textile trade. The company sources and supplies fabrics and finished products including cotton and blended fabrics, shirting, dress materials, and home textiles. The accounting role supports commercial operations by ensuring accurate books, timely reporting, and controls over payables, receivables, and inventory accounting. The position reports to the proprietor and is based in the Lahore office.

Role Overview & Key Responsibilities:

• Maintain day-to-day bookkeeping: record sales, purchases, receipts, and payments using the company accounting system.
• Manage accounts receivable: issue invoices, record receipts, follow up on collections, and reconcile customer balances.
• Manage accounts payable: process supplier invoices, schedule payments, and reconcile vendor statements.
• Prepare monthly financial statements, trial balances, and supporting schedules.
• Perform reconciliations for bank accounts, ledgers, and inventory; verify costs and support stock reconciliations.
• Ensure compliance with Pakistani tax and regulatory requirements for small businesses and assist with statutory filings as needed.
• Handle basic payroll deductions and prepare payroll-related records.
• Maintain organized document filing and support audits and statutory filings.

• Proven bookkeeping and accounting skills with experience in accounts receivable/payable and reconciliations.
• Working knowledge of Pakistani tax and regulatory requirements for small businesses and basic payroll deductions.
• Proficiency with accounting software: QuickBooks, Tally, or local ERP.
• Strong MS Excel skills for reconciliations and reporting.
• Experience preparing monthly financial statements, trial balances, and supporting schedules.
• Familiarity with inventory accounting, stock reconciliations, and cost verification.
• Strong attention to detail, numerical accuracy, and ability to meet month-end deadlines.
• Good communication skills to coordinate with suppliers, customers, and internal teams.