Nepal Shipping Lines

Logistics and Supply Chain

Finance Manager

Views: 4332|Published on: Sep 02, 2024

Accounting / Finance

Senior Level

Full Time

Vacancy: 1

Kathmandu, Nepal.|

Experience: More than or equal to 4 years|

Not Disclosed

Job Description

Roles and responsibilities of this job

The Personnel of Finance/ Accounts Lead is responsible to lead and execute the departmental responsibilities ensuring financial budgeting and reports are prepared and maintained in adequate manner.

Duties and Responsibilities:

Oversee the annual finance planning/budging process and prepare the annual operating budget.
Prepare profit/loss, balance sheet, cash flow financial statements, variance reports, ratio analysis on timely manner. Monitor interpret and present financial results in periodical basis and also prepare statutory financial report.
Coordinate and assist for annual external and Internal Audit with independent Chartered Accountant. To manage and undertake quarterly internal audits of the office and to take corrective action on recommendations.
Oversee payroll, payroll liabilities, and benefits including leave accrual and retirement plans in alliance with HR unit
Develop and maintain financial controls, policies, and procedures.
Ensure timely collection and payment of bills/invoices and settlement of advances, liabilities, and receivables.
Monitoring efficient functioning and documentation for all financial systems including receipts, billing, bookkeeping, payables, receivables, budget and accounting, Tax and VAT.
Undertake the responsibility of timely tax clearance and CRO renewal.
Liaison with Nepal Rastra Bank for periodical reporting, and other necessary tasks as per need.
Manage, guide and lead subordinates to ensure appropriate financial processes are used.
To maintain effective control over Cash and Bank accounts to ensure that the office funds are well managed and that adequate funds are available to meet the organization’s responsibility and understand and communicate the variances from the forecast. Ensure payments and collections with overseas stakeholders for smooth business operations.
Work closely with key stakeholders to update the forecasts accurately and timely.
Maintain and prepare books of Accounts of Associate Companies with proper coordination with the Company Secretary. Dealing with local banks and overseas banks or central bank
Hold responsibility for the month-end close timetable and reporting process.
Partner extensively with key internal stakeholders to understand business performance and their impact on financial results.
Develop and implement KPI’s in the departmental and individual level for own team.
Develop and implement monthly reporting and analysis against KPIs.
Other tasks as assigned by the management

Job Specification

Required qualifications for this job

Required Education Level:Graduate (Masters)

Required Experience:More than or equal to 4 years

Other Specification

Job Skills:

Candidates with a CA degree or Master's degree under Management are highly encouraged to apply
In-depth knowledge of financial regulations and accounting processes; Strong Knowledge of NFRS.
Strong accounting and analytical skills
Proven experience of utilizing Excel-based system tools to deliver streamlined reporting and modeling.
Work prioritization and time management skills
Pro-activeness and self-starter; Strong attention to detail.
High level of integrity and confidentiality.
Effective listening skills with verbal and written communication skills and Leadership skills

Key Result Areas:

Compliance in Accounts Maintenance (40%)
Co-ordination / Correspondence (20%)
Report Preparation (40%)

Skills Required

Required skills for this job

Teamwork

Tally Accounting Software

Problem-Solving Skills

MS Office Suite

Salary

Offered financial and non-financial compensation for this job

Offered Salary:Not Disclosed

Applying Procedure

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Apply Before: Sep 16, 2024

About the organization

Nepal Shipping Lines

Logistics and Supply Chain

Bhaktapur

Nepal Shipping Lines is involved in international shipping and multimodal transport business and committed to contributing to the development of nation's economy by providing world-class container liner, bulk, break-bulk, conventional, multimodal, overland, and air transport (air freight) services to meet international trade and transportation requirement of Nepal as well as that of regional - SAARC countries.

Nepal Shipping Lines, established on 2018, has created a mentionable presence in the local and regional market within a very short span of time as sole shipping lines of the country. The Company operated from Kathmandu as global headquarters and aims to be one of the strongest liner the operator of the country as well as of the SAARC region. We have a network of our own shipping agency companies in many key locations of South and Southeast Asia and are represented by a network of renowned shipping agency houses throughout the world.