Accountabilities

Key Performance Indicators

Specific Targets

Management Reporting 

Monthly reports completed to set date

Ad hoc reports completed to agreed deadline

All tasks completed

Group Reporting

Preparation of Monthly / Quarterly and Annual

Reporting of P&L, Balance Sheet, Cash flow and Group Disclosure Needs 

All tasks completed

Company tax planning 

Tax strategy developed and implemented

As required

Statutory Compliance

Monthly reports to Tax Department and government agencies

Monthly reports to Tax Department and annual financial statements are filed by

required timeframes

Corporate Governance 

Develop and apply appropriate corporate governance principles

As required

Maintain accurate records of accounting transactions 

Production of timely and accurate information 

Reporting provided in accordance with agreed timeframes

External Audit

Management of external audit process

Audit completed in accordance with group reporting requirements

Intercompany transaction processing

Accurate and timely

Material reconciliations completed and

invoices presented in accordance with SLA

Budgeting & Forecasting

Annual budgeting and quarterly rolling forecasting process implemented and maintained.

Completed in accordance with group requirements

Finance Team Management

Department goals set and met

Staff performance

Staff survey feedback

Staff development

Completed

Performance ratings of each staff 

Staff survey ratings

Training provided to each staff member per learning requirements

Business Performance Management

Development of and management of key third party supplier relationships to minimize cost of business in key financial processes (including overhead costs of banking, audit, legal, telecommunications, premises)

Relationships established and cost competitive trading terms implemented.

Asset Management

Maintain company asset inventory 

Accurate accounting for assets

Accurate record of assets at all times

Cost Management

Manage company overheads efficiently and support purchasing department with value for money

purchasing of direct cost of goods

High performing company P&L

Installation of Global

Accounting system 

Agreed accounting systems are implemented within timeframe

Completed within agreed time and budget

Business license Management

All business licenses up to date at all times

Maintain required business licensing to enable business continuity

HR Management

HR administration is maintained within the Administration function with support from the shared services team based in Colombo 

Up to date HR data on HRIS system

ICT Management

ICT administration is maintained within the Administration function with support from the shared services team based in Colombo and the HQ team in Melbourne

Smooth ICT Operations and performance in the local Nepal office

Accountabilities

Key Activities

Management Reporting

Production of required reports

Establish reporting requirements for PEAK DMC Nepal (Himalayan Encounters

Pvt Ltd) in accordance with the SLA and other requirements

Group Reporting

Monthly / Quarterly and Annual Reporting of P&L, Balance Sheet, Cash flow and Group Disclosure Needs are produced accurately and published in accordance with group reporting needs

Company Tax Planning

Tax policy researched, documented and implemented in conjunction with tax advisers

Statutory Compliance

Financial reports for Taxation Authorities and other government Agencies are accurate and published to requested dates

Corporate Governance

Appropriate governance policies and procedures are documented and implemented in the company

The development, communication and enforcement of PEAK DMC’s accounting policies and procedures, and ensuring consistency of practice across the Finance & Admin team.

Acquire and maintain all necessary business licenses.

Maintain accurate records of accounting transactions 

Update, maintain and monitor financial systems for accuracy Establish and implement processes and systems

External Audit

External audit process planned and implemented with external auditors and local statutory reports are lodged by required dates

Intercompany transaction processing

Set and monitor accountabilities for staff according to SLA requirements and other requirements

Ensure accuracy and timeliness through development, coaching and support to staff

Budgeting & Forecasting

Annual budget and quarterly forecasting processes developed and implemented

Finance Team Management

The support and development of all staff in the Finance group, including the coordination of work conditions, workloads, recruitment, training, staff appraisals and other Human Resources issues.

Staff development, mentoring and coaching to ensure all members of the team are given opportunity to reach their potential.

Business Performance Management

The establishment and maintenance of key third party supplier relationships

Installation of Global

Accounting system 

Project management of accounting system changeover. Researching and implementing appropriate accounting standards and local government legislation and ensuring all requirements are met when introducing Peak Global accounting system.

Mapping exercise between Peak Global and Himalayan Encounters accounting system. 

Asset Management

Manage company asset records and accounting within the finance team

HR Management

Main point of contact for the shared services support team (based on Colombo). Ensure timely and accurate HR database maintenance

ICT Management

Main point of contact for the shared services support team (based on Colombo). Ensure smooth ICT operations for office.

General Business support

Undertake other tasks as required by the GM to support the general running of the business.