New Light Foundation

NGO / INGO / Development Projects

Accountant

Views: 2959|Published on: Jul 19, 2026|

Accounting / Finance

Mid Level

Full Time

Vacancy: 1

Thahity , Kathmandu|

Experience: More than 1 year|

Not Disclosed

Job Summary

Candidates should have a Higher Secondary Education or Bachelor's degree in progress, along with at least 1 year of relevant finance experience
The role involves maintaining financial records, preparing budgets, ensuring compliance, and supporting audits
Salary is negotiable, and candidates with a valid driving license and motorbike are preferred

Job Description

Roles and responsibilities of this job

The Accountant is responsible for maintaining accurate financial records, preparing budgets, monitoring expenditures, ensuring compliance with donor and government regulations, processing payments, supporting audits, and producing timely financial reports to facilitate effective decision-making.

Key Responsibilities

1. Financial Management

Maintain accurate accounting records and financial transactions.
Record all receipts, payments, tally entries, and bank transactions.
Prepare monthly, quarterly, and annual financial statements.
Ensure proper bookkeeping in accordance with accounting standards.

2. Budget Planning and Monitoring

Assist in preparing annual organizational and project budgets.
Monitor budget utilization and expenditure against approved budgets.
Analyze budget variances and recommend corrective actions.
Support program teams in financial planning.

3. Cash and Bank Management

Maintain cash books and bank books.
Prepare bank reconciliation statements monthly.
Monitor cash flow and forecast funding requirements.
Ensure proper custody of cash and financial documents.

4. Accounts Payable & Receivable

Process vendor payments, staff reimbursements, and advances.
Verify invoices, quotations, and supporting documents.
Monitor outstanding advances and receivables.
Ensure timely settlement of liabilities.

5. Donor Financial Compliance

Prepare donor financial reports according to grant agreements.
Ensure expenditures comply with donor guidelines and approved budgets.
Maintain supporting documentation for donor-funded projects.
Assist during donor financial reviews.

6. Statutory Compliance

Ensure compliance with national tax laws and NGO regulations.
Prepare tax deductions and statutory payments.
Coordinate with government authorities when required.
Maintain compliance with Provident Fund (PF), VAT, and other applicable regulations.

7. Procurement and Financial Control

Verify procurement documentation before payment.
Ensure procurement follows organizational policies.
Maintain proper internal financial controls.
Prevent fraud and financial irregularities.

8. Payroll Administration

Prepare monthly payroll.
Calculate taxes, PF deductions, and other employee benefits.
Process salary payments.
Maintain payroll records confidentially.

9. Audit Support

Prepare schedules and supporting documents for internal and external audits.
Respond to auditor queries.
Implement audit recommendations.
Maintain audit-ready documentation.

10. Financial Reporting

Prepare:

Monthly financial reports
Budget variance reports
Cash flow reports
Grant expenditure reports
Management reports
Present financial information to management.

11. Asset Management

Maintain fixed asset register.
Verify physical assets periodically.
Record depreciation.
Monitor inventory and equipment.

13. Documentation

Maintain organized filing of financial documents.
Archive vouchers, invoices, contracts, and supporting documents.
Ensure records are available for audits and donor reviews.

Job Specification

Required qualifications for this job

Required Education Level:Higher Secondary (+2/A Levels/IB)

Required Experience:More than 1 year

Other Specification

Minimum Qualification: Higher Secondary Education (10+2) or Bachelor's degree (running).
Minimum of 1 year of relevant experience in finance.

Required Skills

Strong knowledge of accounting principles.
Budget preparation and financial analysis.
Financial reporting and reconciliation.
Knowledge of donor compliance requirements.
Familiarity with Nepal tax laws, PF, VAT, and NGO financial regulations.
Proficiency in Microsoft Excel and accounting software (Tally).
Strong analytical and organizational skills.
High level of integrity and confidentiality.
Excellent communication and teamwork skills.

Note: Candidates with a valid driving license and a motor bike are required.

Skills Required

Required skills for this job

Financial Control

Financial Modeling

Financial Decision

Attention to Detail

Salary

Offered financial and non-financial compensation for this job

Offered Salary:Not Disclosed

Applying Procedure

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Apply Before: Jul 30, 2026

About the organization

New Light Foundation

NGO / INGO / Development Projects

Thahity

The "New Light Foundation" (NLF) appears to be a charitable organization focused on community development and improving the lives of vulnerable populations,