Vital Petroleum Jobs Finance Officer
Vital Petroleum Jobs Finance Officer:
Organization: Vital Petroleum
⭐ 𝑴𝒆𝒏𝒕𝒊𝒐𝒏 𝒕𝒉𝒆 𝒑𝒐𝒔𝒊𝒕𝒊𝒐𝒏 𝒚𝒐𝒖 𝒂𝒓𝒆 𝒂𝒑𝒑𝒍𝒚𝒊𝒏𝒈 𝒇𝒐𝒓 𝒊𝒏 𝒕𝒉𝒆 𝒆𝒎𝒂𝒊𝒍’𝒔 𝒔𝒖𝒃𝒋𝒆𝒄𝒕 𝒍𝒊𝒏𝒆.
Vital Petroleum is Hiring Vital Champions!
Position: Finance Officer.
📍Location: Vital House, Lahore.
🕒 Employment Type: Full time.
🎓 Experience Level: • 2–4 years of relevant experience in finance or accounts in an OMC, retail fuel business, or FMCG with high-volume POS transactions will be preferred.
💸 Salary: Market Competitive + Perks + VPS.
🎯 Key Responsibilities:
Fleet Card Accounting
• Maintain complete accounting records of fleet card sales, receivables, and settlements.
•Reconcile fleet card transactions with OMC systems, card issuers, and corporate customers.
•Monitor credit limits, outstanding balances, and aging of fleet card customers.
•Coordinate with sales, IT, and fleet card service providers for resolution of discrepancies.
•Prepare periodic fleet card revenue, receivable, and settlement reports for management.
POS Transaction Reconciliations
•Perform daily reconciliation of POS sales (MS, HSD, HOBC, lubricants, etc.) with:
Bank settlement reports
Merchant acquiring banks
OMC ERP / retail management systems
•Identify shortages, excesses, chargebacks, and failed or delayed settlements.
•Coordinate with banks, PSPs, and retail operations for timely resolution of variances.
•Maintain proper documentation and reconciliation trails for audit purposes.
Bank Reconciliations
•Prepare daily and monthly bank reconciliations for multiple collection and operational accounts.
•Track outstanding cheques, deposits in transit, and unpresented items.
•Ensure timely recording of bank charges, mark-ups, and withholding taxes.
•Investigate and resolve reconciliation differences on a timely basis.
Funds Transfers & Cash Management
•Execute inter-bank and intra-bank fund transfers in line with approved limits and authorization matrix.
•Support daily cash positioning and liquidity monitoring.
•Coordinate with treasury and management for timely settlement of vendor and operational payments.
•Maintain proper records and approvals for all fund movements.
Receipts and Payments Management
•Record and enter all receipts in accounting systems for;
Retail outlet collections.
Corporate and intercompany receipts.
Freight settlements and miscellaneous incomes.
•Confirm payment status for all sales orders (including weekends) using bank portals.
Controls, Compliance & Reporting
•Ensure compliance with internal controls, SOPs, and segregation of duties.
•Maintain reconciliation schedules and supporting documents for internal and external audits.
•Assist in preparation of MIS reports related to sales collections, receivables, and cash flows.
•Support month-end and year-end closing activities related to collections and banking.
📧 Apply by: 22nd January, 2026.
