A Highly Reputed Automobile Company.

Chief Finance Officer

Views: 1405 | This job is expired 4 years, 7 months ago

Job Category	:	Accounting / Finance
Job Level	:	Top Level
No. of Vacancy/s	:	[ 1 ]
Employment Type	:	Full Time
Job Location	:	Kathmandu, Central Development Region, Nepal
Offered Salary	:	Negotiable
Apply Before(Deadline)	:	Sep. 11, 2019 23:55 (4 years, 7 months ago)

Education Level	:	Graduate (Masters)
Experience Required	:	More than or equal to 10 years
Professional Skill Required	:	Excellent Communication And Presen… Excellent Interpersonal And Leader… Problem Solving Time Management MS Office Suite

Achieve Profitability

Following the proper process & involving the departmental heads budget needs to be prepared.
To prepare a CAPEX budget on the basis of development during the years & to spend as per the fixed assets.
To assure realization from the machines & the spares parts.
To suggest & implement appropriate policies & norms to control the
expenses/overheads.
To review all the vendors related with direct/indirect expenses & services to assure best negotiable prices.
To scrutinize the bills.
To avoid leakages and financial discipline line.
To optimize the stock to minimize the interest costs.
To bring to the attention of management major deviation and variations on discussion line. Similarly to look at the opportunities for the increase revenue, public realizations.

Optimize the funds & reduce the interest costs

Ensure timely collection of the deals
Ensure that SOP is properly followed in the case of deliveries.
To provide fund projection before 3rd of next Nepalese month.
To review the fund projection with actual and take corrective actions whenever required.
To review the ageing of machines & take initiatives with sales department and business head for early disposal.
To ensure that unnecessary idle money is not held in current account.
To prepare & maintain a register of payment to vendors for better image of company & better relation.

MIS preparation, discussion & its analysis

MIS to be prepared with all reconciliations, provisions & all mathematical accuracy before 15th .
To analyze it & have a discussion on it with corporate & business head.
In case of deviation / opportunities to take actions.

Compliance to statutory requirements, Accounting principles

Effective implementation of SOPs/Policies.
Ensure compliance of applicable Taxes/Laws/Accounting Standards/Policies.
Facilitate & ensure timely completion of Internal Audit/Statutory Audit/Physical Verification.
To prepare balance sheet & books of accounts with details twice in a year (Half yearly) as per statutory norms .
To assure that all the accounting principles & standards are being observed at branches

To ensure timely maintenance

To ensure maintenance of proper Books of Accounts as required by Accounting Principles/Accounting Standards.

Proper books of accounts, regular reconciliations & ledger scrutiny.

To ensure that entries are done on daily basis & cash is closed & reconciled in the evening before leaving the office.
To ensure timely submission of half yearly Books of Accounts Finalization.
To ensure timely TDS/VAT reconciliation & filing returns thereof.
To ensure ledger scrutiny to be undertaken on a monthly basis.
To ensure all the provisions & reconciliations being completed before extraction of final trial balance for MIS preparation.
To ensure periodic reconciliation of principal & vendors accounts.

Insurance of stocks/Assets & in transit stocks

Tie up with insurance companies & take approval for appropriate insurance.
To assure insurance of all the mentioned assets/stocks & its timely renewal.
To optimize the stock & assure timely delivery to the customers. To place the order of the machines to the company before 20th of English month.
To sync LC opening appropriately with Expected Machine Delivery (to ensure while booking machine.

To ensure timely order of products & smooth/cost effective delivery to the customer

To ensure Insurance & Custom Clearance being done in time so as to avoid delay in machine delivery to customers.
To ensure machine delivery to customers place with JCB India assigned transporters so that no extra transportation cost being incurred.
Ensure minimum stock level to be maintained in Branches and same to be considered while opening LC.

Collection

For all the PDCs received, prepare a register & present it with Bank on the date of cheque & assure that it is realized before expiry.
To keep the custody of all the bank guarantees & maintain the register with its expiry date.
To assure that the claim letter sent to the customer one month prior to the expiry date.
To ensure the black listing process executed if PDC check is not realized.
To ensure bid security & performance bond is prepared on time & provided to the sales team.
To ensure bid security & performance bond is released on time.
To ensure the TDS certificate is collected on time.

PR Building with BFIs