Roles and Responsibilities:

1. Financial Records and Bookkeeping:

• Timely and accurate maintenance of financial records and bookkeeping.
• Ensure the accuracy and completeness of daily data entries for the company and its subsidiary companies.

2. Coordination and Communication:

• Coordinate with customers, suppliers, banks, and other stakeholders.
• Regularly report sales, collections, stock data, and other relevant information to respective departments and regional offices.

3. Accounts Management:

• Handle accounts receivable, payable, and reconciliation.
• Supervise accounts payable, accounts receivable, bank reconciliation, and general ledger functions.

4. Compliance and Reporting:

• Ensure maximum compliance with tax laws, especially with withholding taxes.
• Take appropriate measures to comply with withholding requirements, submission of VAT returns, and relevant compliances as required in income tax, TDS, VAT, the Customs Act, and other applicable legislation.
• Prepare standalone/consolidated financial statements in conformity with Nepal Financial Reporting Standards, adhering to specified deadlines.

5. Financial Planning and Analysis:

• Develop and oversee the company's financial plans and budgets in cooperation with respective departments.
• Conduct in-depth financial data analysis to provide critical insights for strategic decision-making.
• Monitor outstanding dues and receivables, focusing on their prompt settlement.

6. Cash Flow Management:

• Effectively manage cash flow through forecasting, continuous monitoring, and optimizing working capital.
• Deploy sound cash management strategies to maintain the company's liquidity.

7. Financial Operations:

• Assure the accuracy and timeliness of financial transactions and record-keeping.
• Oversee daily data entries for the company and its subsidiary companies within the accounting software.
• Manage financial systems and processes, including accounting software.
• Daily monitoring of the company's bank balances and regional office transactions.
• Develop and execute strategies to maximize the utilization of available funds.
• Continuously monitor stock movements and holdings.

8. Team Management:

• Lead and mentor a team of accounting professionals.
• Set performance goals, expectations, and provide training to staff members.
• Coordinate and facilitate both internal and external audits, working closely with auditors.
• Collaborate with senior management, departments, and regional offices.

9. Risk Management:

• Identify financial risks and implement effective risk mitigation strategies.
• Ensure the company maintains adequate insurance coverage to safeguard its assets.

10. Additional Responsibilities:

• Regularly oversee and ensure daily data entries for the company and its subsidiaries are completed in a timely manner.
• Fulfill any additional duties as assigned by the relevant authority.
• Foster a favorable working environment for the entire staff community.
• Uphold and refine the company's Standard Operating Procedures (SOPs) at all levels.
• Be responsive to other responsibilities as directed by your supervisor.

11. Budget Planning and Control:

• Preparation of the budget at different cost centers of the organization and tracking the same.
• Handle monthly, quarterly, and annual closings.
• Perform any other duties as assigned by the concerned authority.

12. Internal Control and Audit:

• Prepare the internal control matrix of the organization.
• Coordinate and conduct the internal audit of the organization with external auditors.
• Coordinate and assist the supervisor and management for effective implementation of internal control.

13. Financial Projections:

• Prepare financial projections for various projects/plans in coordination with the technical team as assigned by the supervisor.

14. Project/Plan Viability Analysis:

• Analyze the financial aspects of projects/plans to assess their viability.
• Provide proper justification for the feasibility and potential profitability of the projects/plans.