Kedia Organisation

Construction Material and Equipment

Chief Finance Officer (CFO)

Views: 80|Published on: Dec 26, 2025

Accounting / Finance

Senior Level

Full Time

Vacancy: 1

Narayanchaur, Naxal|

Experience: More than 7 years|

Not Disclosed

Job Description

Roles and responsibilities of this job

The Chief Finance Officer (CFO) will be responsible for overseeing the financial operations of Batas Hire Purchase Pvt. Ltd., ensuring fiscal discipline, regulatory compliance, and strategic financial planning. The CFO will play a critical role in driving financial strategy, optimising resource allocation, and supporting the company’s long-term objectives. This position requires strong leadership, analytical skills, and in-depth knowledge of Nepal’s financial regulations, including the Income Tax Act, Nepal Financial Reporting Standards (NFRS), and Nepal Rastra Bank (NRB) directives.

Key Responsibilities:

The CFO will undertake the following duties to ensure the financial health and compliance of Batas Hire Purchase Pvt. Ltd.:

Financial Oversight and Cash Flow Management

Monitor daily cash flow to ensure sufficient balances in bank accounts for operational needs.
Oversee daily monitoring of the General Ledger and Profit/Loss Account to maintain accurate financial records.
Monitor and ensure timely payment of principal and interest on bank borrowings, with monthly reconciliation of bank borrowings and loan investments.
Supervise the timely release of payments related to Delivery Orders to suppliers, merchants, resellers and fixed overheads as per agreements.
Ensure timely settlement and verification of advances paid to employees, vendors, and other parties.
Oversee the coding and updating of Fixed Assets records to ensure accuracy and compliance.

Accounting and Reconciliation

Verify and finalise the monthly payroll prepared by the HR Department, ensuring compliance with the Income Tax Act and timely deduction of employee advances.
Monitor, verify, and reconcile Receivables and Payables Accounts on a regular basis.· Verify and finalize the monthly payroll prepared by the HR Department, ensuring compliance with the Income Tax Act and timely deduction of employee advances.
Monitor, verify, and reconcile Receivables and Payables Accounts on a regular basis.
Instruct designated employees to prepare monthly reconciliation sheets for:

o Bank accounts.

o Loan-related transactions.

o Party-wise subvention, commission, and other charges receivable.

o Party-wise payables.

Regulatory Compliance and Reporting

Ensure timely deposit of Social Security Fund (SSF) contributions and other retirement funds as applicable.
Oversee monthly Electronic Tax Deduction at Source (E-TDS) verification and submission to the Inland Revenue Department (IRD).
Ensure compliance with the company’s Financial Administration Bylaws, Standard Accounting Principles, NFRS, Income Tax Act, and other relevant regulations of the Government of Nepal.
Prepare and submit required financial statements and data to Nepal Rastra Bank (NRB), partner banks/financial institutions, and other related stakeholders as per regulatory requirements.
Ensure timely renewal, enhancement or reduction of bank borrowing limits as per the business requirement in coordination with the Deputy CEO and CEO.
Prepare and submit various NRB reports as per specified frequencies and directives for hire purchase companies.

Financial Planning and Budgeting

Develop and manage cost, business, and capital expenditure budgets, conducting monthly and quarterly reviews to compare budgets against actual achievements.
Provide actionable feedback and suggestions to improve profitability and control costs.
Prepare Monthly, Quarterly, Half-Yearly, and Annual Financial Statements for internal and external stakeholders.
Present Quarterly, Half-Yearly, and Annual Financial Statements to the Board of Directors, highlighting key financial insights and recommendations.

Audit and Systems Support

Support the preparation of statements and data for Internal Audits, Statutory Audits, Tax Audits, Nepal Rastra Bank reviews, and other regulatory requirements.
Coordinate with software vendors to resolve any software-related issues affecting financial operations promptly.

Leadership and Coordination

Provide strategic support to top management and the board on finance-related matters, offering insights to drive business decisions.
Coordinate and supervise subordinates within the Finance and Accounts Department to ensure efficient operations and adherence to company policies.
Collaborate with the CEO, DCEO, and other top management on additional tasks and responsibilities as assigned.

Job Specification

Required qualifications for this job

Required Education Level:Graduate (Masters)

Required Experience:More than 7 years

Required Age:Less than 45 years

Other Specification

Education: Master’s degree in Finance, Accounting, Business Administration, or professional certifications such as CPA, ACCA, or CA.

Experience: Minimum of 7-10 years of experience in financial management, with at least 5 years in a leadership role within a financial institution or hire purchase company or related company.

Technical Skills:

Strong knowledge of Nepal Financial Reporting Standards (NFRS), Income Tax Act, and NRB regulations.
Proficiency in financial software and ERP systems.
Expertise in preparing financial statements, budgeting, and forecasting.

Analytical Skills: Ability to analyze complex financial data and provide actionable insights to improve profitability and operational efficiency.

Leadership: Proven ability to lead and motivate a team, with excellent interpersonal and communication skills.

Compliance: In-depth understanding of regulatory requirements for hire purchase companies in Nepal.

Problem-Solving: Strong decision-making skills with the ability to address financial and operational challenges effectively.

Skills Required

Required skills for this job

Communication

Work Under Pressure

Leadership

Team Management

Supervision

Innovative

Tax Planning

Salary

Offered financial and non-financial compensation for this job

Offered Salary:Not Disclosed

Applying Procedure

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Apply Before: Jan 09, 2026

About the organization

Kedia Organisation

Construction Material and Equipment

House No. 301, Ward No. 1, Lalupate Marg, Kathmandu

Established in 1909 AD, Kedia Organisation is one of the oldest and most esteemed business conglomerate of the country. The organisation has been practicing a synergistic combination of family ownership and professional management.

Kedia Organisation continues to make significant contribution in various financial sectors such as Banking, Non-life and Life Insurance, Mutual Funds, as well as in industrial sectors such as Cement, Steel, Concrete Pavers and Tiles, Safety Glass and several other sectors.

The organisation believes in uplifting the society and it has actively been doing this through several CRS activities over the years.

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