Waldo Group

Hotels / Resorts / Restaurant

Finance Officer

Views: 2384|Published on: Apr 28, 2023

Accounting / Finance

+5 more

Senior Level

Full Time

Vacancy: 1

Amrit Marg, Chhaya Center, Thamel|

Experience: More than or equal to 2 years|

NRs. 30,000 - 50,000 Monthly

Job Description

Roles and responsibilities of this job

Academic Criteria:

Bachelor's Degree in the related subject field.
Preferred semi-qualified CA.

Experience:

At least 2 years of experience in the hospitality Industry in the Finance Department.

Skill and Knowledge:

Excellent time management skills, with the ability to perform multiple tasks and meet critical deadlines while maintaining accuracy and quality.
Strategic thinker who possesses solid business acumen and is able to organize and manage multiple priorities.
Exceptional verbal and written communication skills and the ability to interact effectively with others, both internally and externally.
Proven ability to make complex and time-sensitive decisions in the best interests of the organization.

Roles and Responsibility:

Management

Ensure that purchase transaction are correctly recorded only after verification of goods received by the store department.
Timely Reconciliation of goods released from store physically and as per Books of Accounts
Proper monitoring of buyers' demand to ensure that it is as per the prepared budget
Ensure that the transportation department has been operating effectively and its expenses are duly supported by sufficient and appropriate evidence.
Manage the continued development of budgeting, financial forecasting, and modelling tools.
Monitor cash flow requirements and manage corresponding banking relationships.
Be aware of working capital levels and trends, and advise senior executives on the impact of proposed policy changes on working capital levels, if any
Ensure adequacy and availability of cash for operational needs by combining the information in cash forecast and working capital management.
Effective management of Assets and liabilities for strategic investment planning.
Perform night audit or authorize any other candidate to do so
Maintain up-to-date accounts in accounting software.
Maintain all the vouchers as a part of bookkeeping.
Prepare periodic financial reports as and when required

Reporting

Review of the accounts, finance and taxation-related policies periodically and submit the report to DGM/CEO.
Conduct periodical staff meetings of the department so as to review the performance in a whole, assess targets assigned and plan for the next period and report to the DGM/CEO.
Proper coordination with internal audit, external audit and other supervisory authorities.
Calculate variances from the budget and report significant issues to management.

Compliance

Preparation of financial statements as per applicable laws on a timely basis and getting it audited.
Ensure compliance with applicable Tax Laws in regard to computation of advance tax, deferred tax and filing of returns.
Proper maintenance of books of account, compliance with applicable reporting standards, and generally accepted accounting principles and norms applicable to such industry.

Benefits:

6 working days a week
Lunch and Meal arrangement by company
Bonus and tips
1 paid leave on every 20 working days
12 days Sick leave per year
Overtime and Replacement leave arrangement

Job Specification

Required qualifications for this job

Required Education Level:Under Graduate (Bachelor)

Required Experience:More than or equal to 2 years

Salary

Offered financial and non-financial compensation for this job

Offered Salary:NRs. 30,000 - 50,000 Monthly

Applying Procedure

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Apply Before: May 11, 2023

About the organization

Waldo Group

Hotels / Resorts / Restaurant

Amrit Marg, Chaya Center, Thamel, Kathmandu

Waldo Group participates in entertainment and hospitality industries across Asia. It invests in extravagant facilities to provide a luxurious and comfortable environment to its clients.

Waldo Kingdom Hotel is a newly constructed hotel which is located in the hottest and most happening place in Kathmandu Valley, Thamel. It includes 40 deluxe rooms and suites with 4 restaurants offering distinct top-of-the-class international cuisines.

Waldo Dynasty Casino is open 24/7 and offers gaming at all times. It has popular table games like baccarat, blackjack, poker and more. On top of that, slot machines are one of the most popular in the area because of the frequency of progressive jackpots.

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