Sr. Finance Officer

Dryice Solutions Pvt. Ltd.

Experience: 2-5 years

Level: Expert

Total Positions: 1

Job Type: full-time

Salary: Negotiable

Education: Master Degree

Location: Kathmandu, Nepal

Apply Before: 2020-09-29

Job Description

  • Handling Day to Day cash and Bank Transaction
  • Cash and Bank Reconciliation
  • Check and ensure all expenditures of project are in accordance with organizational policies and procedures. This includes ensuring that receipts are obtained for all payments
  • Assets to continuously improve system & procedures to enhance internal controls to satisfy audit requirements
  • Prepare vouchers for all transactions in the accounting software
  • Carry out timely release and settlement of project budgets/expenses and staff advances
  • Support to prepare periodic financial reports and assist in financial analysis for program and operations
  • Monitoring and controlling expenses
  • Ensure preparation of Tax, VAT and TDS returns

Responsibilities related to Budgeting:

  • Ensure implementation of best practices in budgeting, accounting, auditing, and procurement, compliant with the laws of Nepal and meeting all requirements
  • Ensure that the financial management practices endorsed adhere to GoN laws and financial policy
  • Ensure availability of financial information for examination, assessment, and review by the management and the shareholders.
  • Ensure that funds are used for explicitly stated purposes
  • Establish consistency in financial planning and budgeting for all components

 Responsibilities Related to Accounting:

  • Develop a long-term accounting system that is sustainable, transparent, efficient, user-friendly, useful for audits and reporting, and compliant with all national and international laws
  • Submit the fund request form to request the budget transfers to headquarters
  • Ensure financial records are up-to-date with the latest transactions in accounting software (Tally Preferable).
  • Ensure management of online files and appropriate filling of electronic and hard copies of the financial documents & reports
  • Manage banking transactions related to the project, including preparing bank transfer requests, submitting them to the bank and monitoring transfers
  • Preparing bank reconciliation statements in a monthly or bi-monthly basis based in volume of transactions
  • Reconcile all balance sheet accounts and maintain records on file
  • Prepare quarterly project financial reports
  • Compliance with TDS payment, E-TDS filling and tax return filling in accordance with Income Tax Act 2058 of GoN
  • Monitor and ensure expenditure of project funding made in accordance with the allocated budget and approved by the designated supervisor
  • Verify all bills and invoices including supporting documents against the approved activities and submit for approval before vetting of payments
  • Maintain an inventory file to support purchases of all equipment/assets on a quarterly basis with physical verification

Responsibilities Related to Auditing:

  • Organize a statutory audit annually in accordance with rules of GoN within 3 months of fiscal year-end
  • Institutionalize and implement internal auditing practice

Job Specification

  • MBS/MBA/Bachelor with specialization in Finance
  • 2-5 years of experience in related field
  • Good computer skills specially in MS Excel
  • Strong interpersonal, communication and presentation skill