Vacancy Announcement from Reputed Finance Company

Badal September 24, 2024 vacancy,

Vacancy Announcement from Reputed Finance Company

A Reputed Finance Company is a leading financial institution recognized for delivering a wide range of financial services with professionalism and integrity.

Head of Finance
> No. of Vacancy/s :1
> Employment Type : Full Time
> Job Location : Kathmandu
> Offered Salary :NRs. 50,000.00 - 60,000.00 Monthly

Educational Qualification: Chartered Accountant

Job Specifications:
> At least one year of experience in BFIs with sound knowledge in account department.
> Must have excellent communication skill (English, Nepali), ability to seek continuous improvements and recommend solutions.

Note: Only experienced candidates should apply.
Job Description
Preparation of Financial Statements:
> Compile and analyze financial data to prepare accurate and timely financial statements, including balance sheets, income statements, and cash flow statements.
> Ensure compliance with accounting standards and regulatory requirements in financial reporting.

> Review and reconcile accounts to ensure accuracy and completeness of financial information.

Treasury Management and Compliance:
> Manage cash flow by monitoring daily transactions and forecasting cash needs.
> Coordinate with banks for fund transfers, deposits, and withdrawals.
> Ensure compliance with treasury policies and procedures, including adherence to banking regulations and internal controls.

NRB Reporting and MIS Preparation
> Prepare and submit required reports to Nepal Rastra Bank (NRB) in accordance with regulatory guidelines.
> Develop and maintain management information systems (MIS) to provide timely and accurate financial information to management for decision-making.

> Analyze financial data and prepare various MIS reports as required by management.

Budget Preparation and Budgetary Control:
> Assist in the preparation of annual budgets in coordination with department heads and management.
> Monitor budget performance and variance analysis to identify deviations and recommend corrective actions.
> Implement budgetary control measures to ensure expenses are within approved limits and financial objectives are met.

Communication and Collaboration:
> Collaborate with internal stakeholders, including finance team members, department heads, and external auditors.
> Communicate effectively to ensure understanding of financial policies, procedures, and reporting requirements.