Felt and Yarn

Trading - Export / Import / Merchandising

Finance Manager

Views: 3327|Published on: Sep 01, 2021

Accounting / Finance

+5 more

Senior Level

Full Time

Vacancy: 1

Khusibun , Kathmandu|

Experience: More than or equal to 1 year|

Not Disclosed

Job Description

Roles and responsibilities of this job

Account & Financial Planning:

Make estimates of funds required for the short and long-term financial objectives of the organization
Complete financial reports, lead the month-end closing process, and conduct monthly financial forecast
Monitoring cash and bank balance and its forecast
Ensure statutory compliance and timely payment of Statutory dues Preparing relevant reconciliation, interaction with tax authorities, depositing tax as per requirement, Monthly & annual return, ETDS of local vendor and employee.
Ensure completion of the Internal Audit for the fiscal year
Entering all financial data in local accounting system & maintaining proper filing of documents
Maintaining Asset Register & calculation of depreciation as per local tax rule
Overseeing and reviewing books of accounts of the branch and ensuring timely accounting of transactions( Factory & Supplier)
Monitoring and reviewing accounting and related system records and records for accuracy and completeness, including ledger scrutiny
Ensuring compliance with prevailing rules and regulations related to direct and indirect taxes, labor regulations and acts, and others as applicable to transactions of the company
Reviewing financial and accounting data and ensuring reconciliation for preparation of monthly and annual reports
Assist in timely submission and presenting monthly and yearly financial information of the company to the regulating authorities
Assist coordination with Internal and external tax audits of the company
Monitoring and ensuring implementation of the recommendations made by different auditors
Identifying the areas of improvements and preparing and implementing corrective measures
Strategize on fund procurement through banks and other financial institutions
Assist in maintaining good banking relations
Coach and guide staff to help them gain new skills, improve performance, and enhance the quality of their careers
Lead and motivate staff to advance employee engagement to develop a high-performing, collaborative team
Monitor the day-to-day financial operations within the company, such as payroll, invoicing, and other transactions
Assist other departments such as Operation, Sales & Marketing with reviewing expenses
Conduct reviews and evaluations for cost-reduction opportunities

Investment and Asset management:

Prudently make investments on assets that maximize returns
Perform regular administration duties of all investment files
Identify potential strategic investment trends and opportunities
Provide financial insight and analysis to drive the business performance of the organization
Manage and monitor metrics, KPI tracking, and reports
Evaluate the financial performance of the organization and measure returns on investments
Understand and calculate the risks involved in the financial activities of the organization
Advice on investment activities and provide strategies that the company should take
Maintain a wide range of knowledge in investment and financial products, including Trusts, stocks, bonds, and shares

Overdue Payments/ Customer relation

Monitor accounts to identify outstanding debts
Collecting and maintaining a record of all overdue payments
Communicating with the sales department to keep accurate and updated information on client accounts and payments
Contacting customers to inform on delinquency, encourage on-time payments and set up payment plans that can facilitate good credit
Processing customer payments, account adjustments, and customer refunds where appropriate
Take actions to enable timely debt payments
Update account status records and collection efforts
Report on collection activity and accounts receivable status

Overseas Accounting:

Record and update relevant information to support the Audit process for our partner’s company based in the USA
Prepare a balance sheet and income statement

Work Hours: 10 a.m. to 5 p.m. (Including 45-minute lunch break)

Work Benefits:

Paid annual leave and sick leave
Paid maternal and parental leaves
Good work environment
Festive Bonus
Provident Fund
Work-Life Balance
Office-sponsored daily lunch and other benefits.

Applying Procedure:

Do you think you are the right fit?

Send us your resume and cover letter to [email protected]

Please visit www.feltandyarn.com to know more about us!

OR,

Job Specification

Required qualifications for this job

Required Education Level:Graduate (Masters)

Required Experience:More than or equal to 1 year

Other Specification

The Finance Manager will be responsible for the financial health of a company or organization. Producing financial reports and developing strategies based on financial research. Guiding senior executives in making sound business decisions in the long and short term.

Master’s Degree in Finance/ Accounting
Thorough understanding of Accounting Principles
Analytical thinker with strong conceptual and problem-solving skills
Meticulous attention to detail with superb organizational skills
Ability to work under pressure and meet tight deadlines
Ability to work independently and as part of a team
Excellent report-writing and communication skills
Solid proficiency in Microsoft Office, ERP, and other financial planning software
Strategic thinker and proficient in decision-making.
Familiar with Google Drive, Google Docs, and Google sheets.
Ability to review data and make relevant management decisions
Robust financial system and business administration understanding
Professional qualification such as CFA/CPA or similar will be considered a plus

Skills Required

Required skills for this job

Accounting

Taxation

Data Analysis

Tally Accounting Software

MS Excel

Salary

Offered financial and non-financial compensation for this job

Offered Salary:Not Disclosed

Applying Procedure

Click on Login to Apply and apply to this job via your jobseeker profile with easy apply process.

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Apply Before: Sep 11, 2021

About the organization

Felt and Yarn

Trading - Export / Import / Merchandising

Naya Bazar, Kathmandu, Central Development Region, Nepal

Felt and Yarn is a proud provider of premium quality, ethically produced, and eco-friendly handcrafted felt supplies ranging from home decor, cozy shoes, novelty cat caves, rugs, yarns, and many more! Our fine quality wool is processed by hand from local sheep and meticulously dyed and felted into gorgeous and whimsical items with love, from start to finish. Whatever you need, from themed holiday decor, colorful felt balls, to natural cat and dog toys; we have the perfect felted fun for your home.

Our production is centered around employing local household Nepalese women, providing them with training, fair wages, and a safe working environment, by choosing Felt and Yarn you choose to support sustainable, eco-conscious craft and make upskilling the people of our remote villages possible. Thank you, enjoy our soft, colorful products!