Mercury Business Advisor – Supervising Associate (Karachi) 1

Job title: Mercury Business Advisor – Supervising Associate (Karachi) 1

Company: EY


Job description: At EY, we’re all in to shape your future with confidence.We’ll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go.​Join EY and help to build a better working world.The opportunityThis opportunity is crucial for ensuring timely payments to local and foreign vendors in compliance with EY policies and tax regulations, requiring a strong understanding of EY accounts payable processes, local tax compliance, and SAP configurationYour key responsibilities

• Ensure that all payments to local vendors are executed timely, in compliance with EY policies and established credit periods.
• Oversee timely payments to foreign vendors and coordinate with banks for import payments, ensuring compliance with tax laws, and proper documentation.
• Ensure that SAP is properly configured and up to date to process vendor payments, including the setup of material codes and withholding tax codes, to facilitate accurate financial transactions.
• Maintain and enhance income tax compliance processes within SAP related to income tax and sales tax withholding. Regularly update the taxonomy related to withholding taxes in accordance with changing regulatory requirements to maintain compliance.
• Ensure that all tax compliance and withholding requirements are met when processing payments to external vendors and ensuring timely deposit of withheld taxes to tax authorities and submission of returns.
• Manage the payment status and schedules for special projects, ensuring that all project-related payments are made on time and in compliance with relevant laws and regulation.
• Ensure that all invoices are accurately recorded in the accounting system, and where necessary, make sufficient vendor accruals to reflect outstanding obligations.
• Reconcile vendor subsidiary ledgers with the accounting system to ensure accuracy and completeness of financial records.
• Assess cash flow requirements related to vendor payment as per the credit period and its timely communication to the relevant stakeholders.
• Proactively coordinate with vendors to address any payment-related issues, ensuring timely resolution and maintaining positive relationships.
• Ensure the timely processing of employee T&E claims in accordance with EY policies and guidelines, while coordinating with staff to address any related issues.
• Reconcile staff T&E advances, adjustments, and payments to maintain accurate financial records and ensure compliance with EY policies.
• Provide support for external statutory audits and tax audits, ensuring compliance with all relevant regulations and providing necessary documentation.

Skills and attributes for success

• Ideally, you’ll also have 5 to 7 years of proven experience in vendor payments, tax compliance, and financial reconciliation at supervisory level

What we look for:

• Strong knowledge of SAP and local tax compliance regulations.
• Bachelor’s or master’s degree in finance, accounting, or a related discipline.

What we offer youAt EY, we’ll develop you with future-focused skills and equip you with world-class experiences. We’ll empower you in a flexible environment, and fuel you and your extraordinary talents in a diverse and inclusive culture of globally connected teams. Learn .Are you ready to shape your future with confidence? Apply today.To help create the best experience during the recruitment process, please describe any disability-related adjustments or accommodations you may need.EY | Building a better working worldEY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets.Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories.

Expected salary:

Location: Karachi, Sindh

Job date: Sat, 21 Jun 2025 22:57:25 GMT

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