WorldLink Communications

Chief Finance Officer

WorldLink Communications

Chief Finance Officer

WorldLink is the largest Internet and Network Service Provider in Nepal and one of the most prominent IT companies. Founded in September 1995 with the aim of providing Internet and IT services by its present Chairman and Managing Director, Dileep Agrawal. WorldLink started off by providing store-and-forward e-mail services over a dial-up link to the Internet in the US. In March 1997, WorldLink started providing full Internet access over a dedicated leased-line to the Internet backbone in the US through Teleglobe International. From September 1999 till June 2008, WorldLink has been connecting to the Internet over a direct satellite uplink through its own VSAT terminal, thereby completely bypassing Nepal Telecommunications Corporation, the local PTT.

WorldLink serves households, small and medium-sized enterprises (SMEs) and enterprise clients. It is the fastest-growing private ISP in the country and has a presence in 67 districts out of country’s 77 districts. Currently Worldlink has around 300,000 household subscribers spread across the country. The company plans to reach all the local bodies by end of 2023.

Since 2012, WorldLink has rolled out a fibre to the home (FTTH) network, which it intends to expand across Province 3 and 4 towns and rural areas at affordable prices.

WorldLink is the largest Internet and Network Service Provider in Nepal and one of the most prominent IT companies. Founded in September 1995 with the aim of providing Internet and IT services by its present Chairman and Managing Director, Dileep Agrawal. WorldLink started off by providing store-and-forward e-mail services over a dial-up link to the Internet in the US. In March 1997, WorldLink …

Chief Finance Officer

Views: 2846 | This job is expired 1 week, 2 days ago

Basic Job Information

Job Category : Accounting / Finance
Job Level : Top Level
No. of Vacancy/s : [ 1 ]
Employment Type : Full Time
Job Location : Kathmandu
Offered Salary : Negotiable
Apply Before(Deadline) : Jun. 30, 2020 23:55 (1 week, 2 days ago)

Job Specification

Education Level : Master
Experience Required : More than or equals to 8 years
Other Specification
  • Have strategic vision and provide strategic leadership
  • Deep knowledge of industry and company
  • See the bigger picture and understand operations
  • Focus on building value as well as managing costs
  • Manage and develop talent
  • Good communicator
  • Good in analytics
  • Prefer CA with MBA or similar qualifications
  • Minimum 8-10 years of experience

Job Description

Job Competencies 

Strategy, Planning and Management

The incumbent shall act as strategic business partner to senior executive leadership team & serve as a key member of executive leadership team. The key areas of contribution will be to:

  • Implement policies, procedures and processes appropriate for the organization
  • Create and establish yearly financial objectives that align with the company’s plan for growth and expansion
  • Assess and evaluate financial performance of organization with regard to long-term operational goals, budgets and forecasts
  • Evaluate departments and make suggestions for automating processes and increasing working efficiency
  • Identify, acquire and implement systems and software to provide critical financial and operational information
  • Communicate, engage and interact with CEO, and Leadership Team to provide insight and recommendations to both short-term and long-term growth plan of organization
  • Participate in pivotal decisions as they relate to strategic initiatives and operational models
  • Select and/or engage with consultants, auditors and investors. Recruit, interview and hire finance, accounting and payroll staff as required

Financial Analysis, Budgeting and Forecasting: 

Should act as a custodian of financial planning and analysis. The key areas of contribution will be to:

  • Prepare and present monthly financial budgeting reports, including monthly profit and loss by division, forecast vs. budget by division
  • Review and analyze monthly financial results and provide recommendations
  • Identify, develop and execute analysis of business initiatives, product launches and/or new service offerings
  • Provide recommendations on potential returns and risks against any new investment opportunities
  • Develop, maintain and manage monthly operating budget and annual company operating budget
  • Manage financial planning and analysis department. Supervise creation of reports, software implementation and tools for budgeting and forecasting
  • Utilize forward-looking models and activity-based analyses to provide financial insight into the organization’s plans and operating budgets

Financial Relations and Policies: 

Should act as one of the drivers in implementing and maintaining financial relations and/or policies. The key areas of contribution will be to:

  • Engage relevant stakeholders to develop short term and long-term plans, projections and budgets
  • Represent company to banks, financial partners, institutions, investors, public auditors and officials
  • Maintain banking relationships and strategic alliances with vendors and business partners
  • Remain updated and current on audit best practices as well as central, provincial and local laws regarding company operations.

Finance and Accounting Team Management: 

Should form and lead an efficient finance and account team. The key areas of contributions will be to:

  • Mentor and develop a team of senior managers and/or officers, managing work allocation, systems training, performance evaluations, and the building of an effective and efficient team dynamic
  • Guide larger, cross-divisional teams outside of direct span of control within the company divisions
  • Oversee periodic cash management and AP Department, approve payables, sign checks, authorize large wires
  • Supervise Accounts Receivable management and provide guidance relating to the collection process

Accounting, General Ledger, Administration and Operations: 

Should not hesitate to act also in the traditional role of custodian of accounts and finance. The key areas of contribution will be to:

  • Supervise the finance and accounting department to ensure the proper functioning of all systems, databases and financial records/software
  • Review and ensure application of appropriate internal controls, compliance and financial procedures. Ensure compliance regarding all financial functions
  • Enhance and implement financial and accounting systems, processes, tools and control systems
  • Ensure verification of relevant and significant benefits to staffs, including but not limited to incentives to staffs
  • Ensure timeliness and accuracy of financial and management reporting data for the company
  • Oversee the preparation and communication of monthly and annual financial statements
  • Oversee the preparation and timely filing of all local, provincial and central tax returns
  • Work with Human Resources to ensure appropriate legal compliance
  • Oversee the month-end close process, constantly reviewing procedures while eliminating inefficiencies
  • Oversee preparation of monthly, quarterly and annual financial statements
  • Review all month-end closing activities including general ledger accounts, balance sheet accounts and overhead cost allocation
  • Hire, develop and manage accounting managers and staffs
  • Manage preparation and support of all external audits
  • Coordinate and strategize methods used to attain team goals with regional Accounting Officers and Regional Controllers


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