Direct Reports to: Regional Finance Officer, Asia
Matrix Reports: GM, Nepal Branch
Location: Nepal

Other Key Relationships:

• Global Finance team, Nepal and Asia management team members and functional heads

Direct reports:

• Currently 6 direct reports with major functions under the CFO Nepal’s team: Actuarial, Procurement, Finance Operation, Accounting and Controller function, FP&A, Investment. Team size: 16 staff.

LOB/ Global Function :
CFO/Financial Management Group/Asia Finance

Reporting to the CEO operationally and functionally with Regional Finance Officer at Regional office of Asia region, the position is responsible to direct and oversee all of the financial activities of the company, including the preparation of periodic financial reports and provide leadership and coordination in the administrative, business planning, accounting and budgeting efforts of the company.

The Role:
The objective of this role is to make significant contribute to the achievement of the company objectives by providing advice and guidance on financial strategies and supports the leadership team in policy formulation and setting the business directions of the organization by providing necessary input.

Key Responsibilities:

• Develop and maintain timely and accurate financial statements and reports that are appropriate for the users and in accordance with generally accepted accounting principles (GAAP)
• Develop, implement, and ensure compliance with internal financial, accounting and tax policies and procedures
• Ensure completion of annual financial statements and get this audited by external auditor without any major observations and annual actuarial valuation and submission of those to appropriate regulatory bodies.
• Develop and implement policies and procedures to ensure that personnel and financial information is secure and stored in compliance with current legislation
• Responsible for financial management reporting for the organization. Provide strategic financial input and leadership on issue affecting the organization Present monthly and year-to-date financials with accompanying analysis of results
• Lead the annual business plan development and budgeting process. Review reports and analyzes projections of Sales and Earnings against actual figures and suggests methods of improving the forecasting process
• Drive operational excellence towards cost optimization resulting expense gap minimization to contribute higher earnings
• Lead the quarterly business review process from Finance
• Monitor risk management policies and procedures to ensure that program and organizational risks are minimized
• Liaise and maintain strong relationship with regulator and external auditors to investigate findings and recommendations and lobby to protect the interest of the organization
• Lead transformation and change management initiatives to develop and elevate the financial organization in Nepal towards “best in class” performance
  

Candidate Qualification:
Key Qualifications and Competencies:

• Degree in accounting or business administration with a Professional Qualification under any Institute of Professional Accountants like CA/CIMA/ACCA
• Strong track record of financial accounting, reporting , budgeting and control activities in leading role for financial institutions and similar organization
• At least 15 years of progressive financial management experience with a successful track record in a senior finance leadership role
• Capacity to lead and drive a strong diversified team with an objective to grow talent
• A sound understanding of actuarial principles and practices
• Speak fluent Nepali and English
• Excellent verbal and written communication skills
  

Leadership Competencies:

• Thinks Strategically - Sets direction aligned to the company’s strategy, applying external and global perspective to meet local and global needs
• Creates Partnerships - Authentically builds trusted relationships and collaborates across global, diverse and multi-functional teams to successfully drive business objectives
• Grows Talent - Inclusively and pro-actively develops talent, empowers individuals and manages diverse teams to drive engagement and performance
• Drives Results - Sets aggressive goals and is accountable for continuously driving improved performance, leading change and ensuring high standards

Applying Procedure:

Interested candidates are requested to submit their CV with recent photograph to [email protected]

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