Chief Financial Officer

At Bagmati Commercial, we are committed to driving innovative financial strategies that empower our organization to achieve its ambitious goals. As a leader in the commercial sector, we are seeking a dynamic and experienced financial professional to join our executive team. This is a unique opportunity to shape the financial future of our organization and contribute to our mission of delivering exceptional value to our stakeholders.

Key Responsibilities:

1. Financial Management

• Manage and monitor cash flow, working capital, and banking operations to ensure liquidity.
• Oversee accounting, billing, and financial reporting systems for accuracy and compliance.
• Prepare monthly, quarterly, and annual financial statements and MIS reports.
• Control and optimize import cost structure, landed cost calculation, and pricing models.
• Supervise budget preparation and variance analysis.
• Oversee end-to-end import logistics process, including purchase orders, shipment tracking, documentation, and customs clearance.
• Monitor freight, insurance, and clearing costs to ensure minimal landed cost.
• Coordinate with logistics partners, shipping lines, and customs agents for timely delivery.
• Ensure smooth coordination between warehouse, accounts, and sales teams for dispatch and delivery planning.
• Verify all import and dispatch documentation (PI, BL, Invoice, Packing List, LC, Insurance).

2. Compliance & Audit

• Ensure VAT, Income Tax, TDS, and customs compliance with Nepali regulations.
• Coordinate with external auditors, tax consultants, and government authorities.
• Maintain accurate documentation for import, LC, insurance, and banking compliance.

3. Internal Control & Process Improvement

• Implement and monitor internal control systems for billing, credit, and inventory.
• Introduce digital or automated systems for accounting and reporting (e.g., Tally, ERP).
• Regularly review credit limits and collection timelines from dealers.

4. Team Leadership

• Supervise and mentor accounting staff and coordinate with depots/warehouse teams.
• Foster collaboration between sales, purchase, and accounts for smooth operations.