Fatima Group is offering an excellent career opportunity for an experienced finance and accounting professional for the position of Deputy Manager Accounts. The role is aimed at candidates who have strong knowledge of accounting operations, fixed asset insurance, inventory risk coverage, Letters of Credit (LCs), civil works accounting, reconciliations, and financial compliance.

The company is seeking a CA Finalist with 5 to 7 years of relevant experience, preferably gained in a manufacturing environment.

This opportunity can be particularly attractive for accounting professionals who want to develop their careers in a large corporate environment while gaining exposure to specialized areas such as insurance management, import-related documentation, banking coordination, construction-related accounting, and financial controls.

Job Overview

The Deputy Manager Accounts will be responsible for managing several important accounting and financial activities. Unlike a role focused solely on routine bookkeeping, this position combines accounting with risk management, banking documentation, fixed assets, inventory, civil works, contractor payments, and compliance.

The successful candidate will need to coordinate with internal departments, insurance providers, banks, contractors, and other stakeholders to ensure that financial transactions and supporting documentation are accurate and properly managed.

Position Details

Understanding the Deputy Manager Accounts Role

A Deputy Manager Accounts plays an important role in ensuring that financial activities are properly recorded, controlled, reconciled, and reported.

At Fatima Group, this particular position includes responsibilities that extend beyond conventional accounting. The selected candidate will deal with insurance of fixed assets and inventory, Letters of Credit, civil works, contractor bills, and financial documentation and compliance.

This means the ideal candidate should be comfortable handling both financial information and operational documentation.

Strong analytical skills, attention to detail, communication abilities, and knowledge of accounting controls will be valuable for this position.

Key Responsibilities

1. Manage Insurance of Fixed Assets and Inventory

One of the major responsibilities of the Deputy Manager Accounts will be managing insurance arrangements for fixed assets and inventory.

Organizations with significant physical assets need appropriate insurance coverage to protect themselves against various operational and financial risks.

The candidate will be expected to handle activities such as:

• Insurance policy renewals
• Monitoring insurance coverage
• Processing and following up on insurance claims
• Supporting asset and inventory valuations
• Reviewing appropriate risk coverage
• Maintaining relevant insurance documentation

The role requires the candidate to understand the value of assets and inventory and ensure that appropriate insurance arrangements remain active.

Insurance Policy Renewals

Insurance policies often have specific validity periods. Delays in renewal can create unnecessary exposure to risk.

The Deputy Manager Accounts will therefore need to monitor policy expiry dates, coordinate renewal activities, and ensure that required documentation is completed on time.

Insurance Claims

The position also involves handling claims related to insured assets or inventory.

This can require collecting supporting documents, coordinating with relevant internal teams and insurance representatives, and following the claim through the appropriate process.

2. Handle Letters of Credit (LCs)

Another important area of responsibility is the management of Letters of Credit (LCs).

LCs are commonly used in international trade to facilitate secure transactions between buyers and sellers. Managing LCs requires careful attention to documentation, banking procedures, costs, and import-related charges.

The Deputy Manager Accounts will handle activities including:

• LC documentation
• LC opening
• Preparation and review of cost sheets
• Coordination with banks
• Verification of clearing charges
• Verification of import-related charges
• Maintaining appropriate supporting records

This responsibility makes banking knowledge and import-related accounting exposure valuable for applicants.

3. LC Documentation and Opening

Proper documentation is essential when dealing with Letters of Credit.

The selected candidate may coordinate with internal departments and banks to ensure that LC-related documentation is complete and accurate.

The process may include reviewing required information, supporting LC opening, and ensuring that relevant financial records are maintained.

Because banking transactions can involve multiple documents and financial values, accuracy and attention to detail will be particularly important.

4. Verify Clearing and Import Charges

The role also involves verification of clearing and import charges.

Import transactions can include multiple costs, and these expenses need to be reviewed and properly recorded.

The Deputy Manager Accounts should be capable of examining relevant cost information and supporting documentation to ensure that charges are correctly accounted for.

This responsibility can involve coordination with banks, clearing agents, procurement teams, logistics departments, and other stakeholders.

Civil Works Accounting Responsibilities

5. Monitor Civil Works Progress

The position also involves monitoring civil works.

This means the accounting function will have an important role in ensuring that financial payments associated with construction or civil work are supported by actual work progress and appropriate documentation.

The candidate will monitor:

• Work progress
• Materials used
• Material reconciliation
• Contractor bills
• Payment processing

This requires coordination between accounting teams, site personnel, contractors, and relevant operational departments.

6. Material Reconciliation

Material reconciliation is an important control mechanism for civil works.

The Deputy Manager Accounts will need to review material usage against relevant records and ensure that differences are identified and appropriately addressed.

Proper reconciliation can help organizations control costs, identify discrepancies, and improve accountability over materials used in projects.

Candidates with experience in project accounting, construction-related financial controls, or manufacturing site operations may find this responsibility particularly relevant.

7. Contractor Bill Verification

Contractor payments need to be supported by appropriate documentation and verification.

The selected candidate will be responsible for contractor bill verification as part of the civil works accounting process.

This can involve checking bills against work progress, contractual requirements, material records, and other supporting information.

Accurate verification helps reduce the risk of incorrect or unsupported payments.

8. Payment Processing

Once contractor bills and supporting information have been appropriately verified, the candidate will be involved in payment processing.

The process requires coordination with relevant departments and adherence to internal financial controls.

The Deputy Manager Accounts must therefore be able to ensure that payments are:

• Properly documented
• Accurately calculated
• Supported by relevant approvals
• Properly reconciled
• Processed within required timelines

Documentation, Reconciliation & Compliance

9. Maintain Proper Documentation

Strong documentation is a core requirement of accounting operations.

The selected candidate will be responsible for ensuring that relevant records and supporting documents are properly maintained for assigned accounting functions.

This can include documentation related to:

• Insurance
• Fixed assets
• Inventory
• Letters of Credit
• Import charges
• Civil works
• Contractor bills
• Payments
• Reconciliations

Good documentation also supports internal controls, audits, financial reporting, and regulatory compliance.

10. Ensure Reconciliation and Compliance

The position requires the candidate to ensure proper reconciliation and compliance across assigned accounting activities.

Reconciliation helps ensure that financial records are complete and accurate, while compliance helps ensure that transactions follow organizational policies and applicable requirements.

The ideal candidate should therefore be comfortable reviewing financial information, identifying discrepancies, and taking appropriate corrective action.

Qualification Required

The vacancy specifies:

CA Finalist

Candidates should have progressed to the final stage of the Chartered Accountancy qualification.

CA Finalist professionals generally have strong exposure to financial accounting, auditing, taxation, financial reporting, and internal controls. These skills can be highly relevant to the responsibilities associated with this position.

Applicants should clearly mention their CA status in their CV.

Experience Required

Fatima Group is looking for candidates with:

5 to 7 Years of Relevant Experience

The company preferably seeks professionals who have gained their experience in the manufacturing sector.

Relevant experience may include exposure to:

• Corporate accounting
• Fixed assets
• Inventory accounting
• Insurance management
• LC documentation
• Import accounting
• Bank coordination
• Civil works accounting
• Contractor payments
• Reconciliation
• Financial controls
• Compliance

Manufacturing experience can be particularly useful because the role involves physical assets, inventory, imports, site activities, and operational expenditures.

Important Skills for the Position

Candidates should ideally demonstrate the following skills:

• Financial accounting
• Fixed asset accounting
• Inventory accounting
• Insurance management
• LC handling
• Bank coordination
• Import and clearing documentation
• Reconciliation
• Contractor bill verification
• Cost analysis
• Financial controls
• Documentation management
• Compliance
• Analytical thinking
• Problem-solving
• Communication
• Attention to detail

Experience with ERP or accounting software can also be beneficial, although no specific software is mentioned in the provided advertisement.

Who Should Apply?

This opportunity may be suitable for accounting professionals currently working in positions such as:

• Assistant Manager Accounts
• Senior Accountant
• Senior Executive Finance
• Assistant Manager Finance
• Accounts Manager
• Senior Accounts Officer
• Finance Executive with relevant specialized exposure

Candidates should particularly consider applying if they have experience in a manufacturing organization and have handled financial activities involving assets, inventory, banking, imports, insurance, or project-related expenses.

How to Prepare Your CV

Applicants should customize their CV for the Deputy Manager Accounts position rather than submitting a generic accounting resume.

Highlight:

• CA Finalist status
• 5–7 years of relevant experience
• Manufacturing-sector experience
• Fixed asset accounting
• Insurance management
• Inventory accounting
• LC handling
• Bank coordination
• Import/clearing charges
• Contractor bill verification
• Civil works accounting
• Reconciliation experience
• Compliance and internal controls

Where possible, include measurable achievements. For example, candidates can mention improvements they made in reconciliation processes, payment controls, documentation, insurance management, or financial reporting.

Application Guidance

The provided advertisement does not include a specific application email address, deadline, or application link.

Candidates interested in the role should therefore follow Fatima Group’s official recruitment process and verify the current application instructions before submitting their CV.

Make sure your resume is updated and clearly communicates your qualification, professional experience, industry exposure, and relevant accounting skills.

Frequently Asked Questions

What qualification is required for Deputy Manager Accounts at Fatima Group?

The advertised qualification is CA Finalist.

How much experience is required?

Candidates should have 5 to 7 years of relevant experience, preferably in the manufacturing sector.

What are the major responsibilities?

The position covers fixed asset and inventory insurance, insurance claims and renewals, Letters of Credit, bank coordination, import and clearing charges, civil works monitoring, material reconciliation, contractor bill verification, payment processing, documentation, reconciliation, and compliance.

Is manufacturing experience required?

The advertisement states that experience in the manufacturing sector is preferred.

What should candidates emphasize in their CV?

Applicants should highlight their CA Finalist status, relevant accounting experience, manufacturing exposure, LC handling, insurance, fixed assets, inventory, reconciliations, contractor payments, and financial controls.

Final Thoughts

The Deputy Manager Accounts position at Fatima Group is a strong opportunity for a CA Finalist with 5–7 years of relevant experience who wants to take on broader financial responsibilities.

The role provides exposure to several specialized areas, including fixed asset and inventory insurance, Letters of Credit, import-related charges, civil works, contractor payments, reconciliations, and accounting compliance.

Professionals with manufacturing-sector experience may have an advantage because they are more likely to understand the operational environment surrounding inventory, physical assets, imports, site expenses, and project-related costs.

If you meet the CA Finalist qualification and have the required experience, prepare a focused CV that demonstrates your expertise in the responsibilities mentioned above. Make sure to follow Fatima Group’s official recruitment instructions and verify the current application details before applying.

This could be an excellent next step for an accounting professional seeking greater responsibility and broader exposure in corporate finance.