Main objective is to direct and coordinate the day to day /overall accounting and inventory activities .Also manages related financial activities regarding payments and claims processing and follow-up, accounts receivable, credit and collection within the legal framework of the government rules and regulations and the company policies. Works to maximize cash flow and collection rates, minimizes outstanding accounts receivables.

Roles and Responsibilities:

It includes the following. Other duties may be assigned.

• Responsible for leading and supervising the timely “data entry” process and verifying accuracy of data.
• Taking care of all aspects of bookkeeping including preparation of journal voucher, ledger entries and preparing trial balance.
• Ensuring accuracy and understanding of transactions occurred each period by checking ledger   entries.
• Preparing bank reconciliation statements on periodical basis.
• Reviewing invoices/vouchers for accuracy and completeness daily.
• Preparing profit and loss account and preparing a report of the findings.To assist the Assistant Manager in preparation of monthly and annual financial statement.
• To manage the daily ‘Petty Cash’ requirements, ensuring an emergency float is kept at all times.
• To be responsible for Payroll Management
• Preparation of the payroll at the end of each Nepali month and to ensure its full confidentiality of all salary related information.
• Computes and disburses salaries providing deductions like provident fund, taxes.
• Timely updating and checking of VAT Register, TDS Register, Sales, Debtors and Creditors record.
• Ensuring computation and filing of VAT (e-Filing), e-TDS and Income Tax Returns of the Company are done on time.
• Assisting the Assistant Manager Chief of Accounts to conduct the statutory internal audits and external audits and tax audit.
• Liaising with auditors to ensure better audit and to file annual tax return.
• To prepare a brief summary of audit outputs after each audit and to discuss its outcomes with the Chief of Accounts.
• Oversee relations with the Banks, financial Institution and Government bodies.
• Coordinate with the City Office regarding sending of stock report and necessary inquiry regarding L/C.
• Liaise in banking activities like Loan Management (loan repayment, loan status etc.) loan expiry, renewal, bouncing of cheques etc.
• To be familiar with the legal cash management functions
• Daily cash check up, maintain cash books and cash ledger.
• Cash ledger to be verified with daily cash balance.
• Monthly preparation of cash flow and fund flow reports in consultation with the Chief of Accounts.
• Assist the Chief of Accounts in the preparation of fiscal budget.
• Control and analysis of budget with actual income and expenses.
• To anticipate, research and report on changes/amendments in government policies, codes, regulations and ordinances in tax (Income Tax Act, VAT etc.) and general accounting practices.
• Re minutes of the meeting.
• To state the progress report on implementation of prior meeting agendas.
• Communicating and keeping vital records properly.
• Use personal judgment and initiative to develop effective and constructive solutions to challenges and obstacles in accounting activity and procedures.