DAI

Finance and Operations Manager

DAI

Finance and Operations Manager

Finance and Operations Manager

DAI

Biratnagar
Experience: More than 1 year
Key Skills: Finance Budgeting Budget Preparation Accounts Receivable (Ar) Accounts Payable (Ap)

Finance and Operations Manager

Views: 396 | This job is expired 6 days, 9 hours ago

Basic Job Information

Job Category : Accounting / Finance
Job Level : Entry Level
No. of Vacancy/s : [ 1 ]
Employment Type : Full Time
Job Location : Biratnagar
Apply Before(Deadline) : Jun. 12, 2024 23:55 (6 days, 9 hours ago)

Job Specification

Education Level : Other
Experience Required : More than 1 year
Professional Skill Required : Finance Budgeting Budget Preparation Accounts Receivable (Ar) Accounts Payable (Ap)

About the job

Terms of reference: Finance & Operations Manager

Introduction

Working with the Government of Nepal’s Koshi Province (GoKP), the project Udaya – Investment and Innovation for Economic Development seeks to enhance the framework conditions for SMEs in Koshi Province. Udaya is jointly funded by the Government of Nepal and Government of Switzerland and is being implemented by DAI, a global development company headquartered in Maryland, United States. Udaya directly supports enterprises’ access to pertinent business development services (BDS) in areas such as business and financial management, accounting or marketing, and to provide interested SMEs with vouchers to avail of loan application. Further, as existing service offered by BDS providers and banks in Koshi Province are not geared towards SMEs, the project will support the GoKP in establishing a technical assistance facility for improving BDS offers and strengthening SME-lending. Similarly, as banks are reluctant to lend to SMEs (owing to the allegedly high probability of loan default), the project will support the GoKP in establishing a risk-reduction mechanism for selected banks and financial institutions, possibly in the form of a guarantee fund. Finally, the project will support the GoKP in establishing an easy-to-use and interactive digital information portal, which will act as a repository of all business-relevant information for SMEs.

Duration

Udaya is planned in three phases for an overall period of 10 years. Currently, DAI is in the first phase of Udaya from 1st December 2023 to 30th November 2026. The Finance & Ops Manager is initially required from 1st December 2023 until 30th November 2026 at 100% with the possibility of extension as the programme progresses.

Key tasks and responsibilities

Financial Management:

  • Oversee the Financial Management of the project including proper fund management and timely monitoring of
  • Expenditure, timely payment of statutory payments etc;
  • Ensure proper internal control system by develop and implement financial strategies, policies, and procedures.
  • Prepare, analyse, and present monthly, quarterly, and annual financial statements and reports to the HO & SDC.
  • Manage budgeting processes, including annual budget preparation, forecasting, and variance analysis of project components.
  • Ensure compliance with financial regulations and standards.
  • Oversee accounts payable, accounts receivable, payroll, and general ledger functions.
  • Coordinate with external auditors for annual audits and other financial reviews.
  • Manage cash flow and ensure adequate liquidity for operations.
  • Ensure that the disbursement is requested as per the schedule from the SDC, as well as GoKP;
  • Ensure that the project funds are reflected in LMBIS and PLMBIS;
  • Conduct regular field visits and preparation of progress and other required reports;
  • Ensure the project audit is executed well on an annual basis

Operations Management

  • Assume a vital role in the procurement committee & vendor management to carry out procurement evaluation for the project;
  • Support the Team Leader and other teams in preparing the relevant documents for the project such as annual
  • reports, yearly plan of operation, outcome monitoring summary etc.;
  • Ensure that operational activities comply with organizational policies and relevant legal requirements.
  • Manage facilities and ensure proper maintenance of office assets through stock taking.
  • Implement and oversee risk management practices.
  • Coordinate with other departments to support logistical & operational needs.

Supervision and location

The role will work in close coordination with the HR & Admin Manager and report on a regular basis to the Team Leader. Udaya is based in Koshi province, Biratnagar.

Prepared by: Dipti Khetan (HR & Admin Manager)

Approved by: Arun Rana (Team Leader)

If you're qualified we invite you to email your CV at [email protected] by June 12, 2024

This job has expired.

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