Accounts Payable Officer Universal Packaging Company Karachi

Universal Packaging Company (Pvt.) Ltd. (UPCO) is currently hiring an Accounts Payable Officer for its finance department at Korangi Creek Industrial Park, Karachi. This is an excellent opportunity for finance and accounting professionals who have experience managing vendor payments, invoice processing, reconciliations, and financial controls within a structured corporate environment.

The company is looking for a detail-oriented individual who can efficiently handle accounts payable functions, ensure compliance with financial regulations, and maintain accurate records using SAP ERP systems.

Position Overview

Job Title: Accounts Payable Officer

Company: Universal Packaging Company (Pvt.) Ltd.

Department: Finance & Accounts

Location: Korangi Creek Industrial Park

Employment Type: Full-Time

About the Role

The Accounts Payable Officer plays a critical role in maintaining the company’s financial accuracy and ensuring timely payments to vendors and suppliers. The position involves processing invoices, reconciling accounts, managing vendor records, supporting tax compliance activities, and assisting with monthly financial closing procedures.

Candidates with strong analytical abilities, attention to detail, and ERP experience—particularly SAP—will be well-suited for this role.

Key Responsibilities

Invoice Processing and Verification

One of the primary responsibilities is to accurately record and verify:

• Vendor invoices
• Credit notes
• Business expenses
• Supplier-related financial transactions

The selected candidate will ensure all transactions are properly documented and entered into the SAP system.

Three-Way Matching Process

A crucial part of the role involves performing:

• Purchase Order (PO) verification
• Goods Receipt Note (GRN) verification
• Invoice matching

This process ensures that goods received, purchase orders, and invoices are aligned before payments are approved and posted.

Vendor Account Management

The Accounts Payable Officer will:

• Monitor vendor balances
• Resolve payment discrepancies
• Coordinate with suppliers
• Respond to vendor inquiries
• Ensure timely processing of payments

Strong communication and relationship-management skills are important for maintaining positive supplier relationships.

Tax Compliance Support

The role includes supporting tax-related activities such as:

• Sales tax input reconciliations
• Compliance documentation
• Audit support
• Financial record verification

Candidates should possess a basic understanding of Pakistan’s taxation framework and accounting regulations.

Letter of Credit (LC) Coordination

The selected professional will work closely with:

• Procurement teams
• Logistics departments
• External suppliers

to coordinate Letter of Credit (LC) transactions and monitor associated financial obligations.

Monthly Closing Activities

Responsibilities during month-end closing include:

• Recording accruals
• Creating provisions
• Reviewing outstanding liabilities
• Supporting financial reporting activities

This ensures accurate financial statements and compliance with accounting standards.

Vendor Master Data Management

The Accounts Payable Officer will maintain accurate vendor information in SAP, including:

• Vendor profiles
• Payment details
• Tax information
• Account records

Maintaining clean and updated data helps improve reporting accuracy and operational efficiency.

Educational Requirements

Applicants should possess:

Bachelor’s Degree in:

• Finance
• Accounting
• Commerce
• Or a closely related discipline

Candidates with additional professional certifications or accounting coursework may have an advantage.

Experience Requirements

To be considered for this position, candidates should have:

• Relevant experience in Accounts Payable functions
• Practical exposure to invoice processing and reconciliations
• Experience working within a finance or accounting department
• Knowledge of vendor payment cycles

Experience in a manufacturing or industrial environment can be beneficial.

Technical Skills Required

SAP ERP Experience

The company prefers candidates with hands-on experience in SAP, particularly in:

• Accounts Payable modules
• Invoice posting
• Vendor management
• Financial reporting support

Microsoft Excel

Applicants should be comfortable using Excel for:

• Reconciliations
• Financial analysis
• Reporting
• Data validation
• Payment tracking

Knowledge of formulas, Pivot Tables, and lookup functions can be advantageous.

Essential Soft Skills

Successful candidates will demonstrate:

Attention to Detail

The role requires reviewing large volumes of financial information while minimizing errors.

Analytical Thinking

Strong problem-solving abilities help identify discrepancies and ensure financial accuracy.

Communication Skills

The officer will regularly communicate with:

• Suppliers
• Internal departments
• Finance team members
• Procurement professionals

Time Management

Managing multiple invoices, deadlines, and month-end activities requires excellent organizational skills.

Career Growth Opportunities

An Accounts Payable Officer role serves as an excellent foundation for long-term growth within finance and accounting functions.

Potential career paths include:

Professionals who gain expertise in SAP, taxation, and financial reporting can significantly enhance their career prospects.

Who Should Apply?

This opportunity is ideal for candidates who:

• Have a finance or accounting background.
• Enjoy working with numbers and financial records.
• Possess experience in accounts payable operations.
• Have SAP ERP knowledge.
• Are skilled in reconciliations and compliance procedures.
• Want to build a long-term career in corporate finance.

Why Consider This Opportunity?

Working with a reputable packaging company provides exposure to:

• Structured financial processes
• ERP-based accounting systems
• Vendor management operations
• Tax compliance procedures
• Corporate finance practices

The role offers valuable practical experience that can strengthen a candidate’s accounting and finance career.

How to Apply

Interested candidates who meet the requirements can submit their applications via email:

Email: [email protected]

Before applying, ensure that your CV highlights:

• Accounts Payable experience
• SAP expertise
• Reconciliation skills
• Tax compliance knowledge
• Excel proficiency
• Relevant academic qualifications

A well-structured and achievement-focused resume can significantly improve your chances of being shortlisted.

[email protected]