Position: Unit Head, Financial Reporting
Purpose:
- To oversee the financial reporting, compliance, and accounting governance of the telecom business in accordance with NFRS/IFRS, Income Tax Act 2058, Companies Act 2063, and sectoral guidelines issued by the Nepal Telecommunications Authority (NTA).
- The role ensures the accuracy and transparency of the company’s financial statements, monitors large-scale capital expenditure (CAPEX) projects, and manages complex revenue and asset recognition under telecom-specific accounting standards.
- Detailed Financial Analysis of all the P&L and the Balance Sheet items and driving efficiencies across the organization.
- Provide high quality information to the Board Audit Committee and the Board on a quarterly basis.
- To be the source of expert advice in applicable IFRS / NFRS and guide and provide needed support to respective Finance Units and Functions for their due compliance & support Chief Finance Officer in preparing monthly and quarterly, semi-annual & annual financial reporting requirements to meet Group reporting deliverables.
- To drive overall reconciliations that would provide assurance in enhancing internal control environment and integrity of books of accounts.
Main Duties And Responsibilities
A. Financial Reporting & Statutory Compliance
- Prepare and finalize quarterly and annual financial statements under NFRS/IFRS, including disclosures as per NFRS 15 (Revenue), NFRS 16 (Leases), and NFRS 9 (Financial Instruments).
- Ensure compliance with Companies Act, 2063, Income Tax Act, 2058, VAT Act, 2052, and directives from IRD, OCR, and NTA.
- Coordinate statutory, tax, and internal audits, addressing audit observations and implementing recommendations.
- Monitor deferred tax computations, lease accounting, and asset capitalization under NFRS 16 for network infrastructure, tower leases, and equipment.
B. Telecom-Specific Accounting & Control
- Supervise accounting for CAPEX projects—network rollout, spectrum fees, and intangible assets (license rights, software, spectrum).
- Review asset capitalization, impairment testing, and component accounting for telecom infrastructure as per NFRS 16 and IAS 36.
- Ensure accuracy in revenue recognition from voice, data, and interconnect services, aligned with NFRS 15.
- Oversee inventory and fixed asset register (FAR) for network equipment and IT assets.
- Validate intercompany, vendor, and revenue reconciliations for accuracy and compliance.
C. Management and Regulatory Reporting
- Prepare monthly management financial reports, cash flow analyses, and variance reports against budget.
- Support regulatory filings to NTA, IRD (TDS, VAT, excise), and Other regulatory authorities as applicable.
- Assist in Board and investor presentations with key financial metrics and drivers.
- Participate in budgeting, forecasting, and long-term financial planning aligned with network expansion and technology upgrades.
- Continuously identify opportunities for book closing with high accuracy and within the deadline.
D. Process Governance & Risk Control
- Strengthen internal controls over financial reporting (ICFR) and ensure compliance with the company’s Limits of Authority (LOA).
- Conduct monthly GL review, balance sheet reconciliations, and variance analysis.
- Be the source of expert advice in applicable IFRS / NFRS and guide and provide needed support to respective Finance Units and Functions for their due compliance.
- Review financial impacts of new business models (e.g., infra-sharing, fiber lease, digital services).
E. Liaison and Stakeholder Coordination
- Coordinate with auditors, IRD, OCR, NTA, and other regulatory bodies for filings, inspections, and compliance submissions.
- Work closely with technical, procurement, and project management teams for proper capitalization and cost allocation.
- Be a strong team player in rendering technical input needed within Finance department.
Education, Qualification and Experience
- Minimum of Bachelor’s degree in Business / Accounting with minimum of 8 years of relevant experience including working experience in audit firm or Masters Degree with 6 years of relevant experience.
- Recognized professional accounting qualifications such as CA, CIMA (UK), ACCA etc. are preferred.
- Working knowledge of international reporting systems and practices in a multinational environment is preferred.
- Should have experience of working as an Expert in IFRS, Microsoft Applications and various accounting software like SAP S4Hana, Coupa Software, or similar other ERPs.
Profile
- Highlights longer-term implications of issues or situations that facilitates planning for the unit or function
- Creates new solutions to resolve problems or issues in novel ways
- Proactively seeks to optimize the financial or business impact of initiatives
- Stays updated with business developments and take steps to align work towards the business changes
- Takes personal responsibility for correcting customer problems - corrects problems promptly and un-defensively.
- Able to establish and gain commitment from various parties to achieve one's team objectives.
- Strives to create exceptional performance for the team.
- Encourages teamwork and bonding within and outside team without compromising delivery of exceptional results.
- Able to maintain confidentiality at work and demonstrate high level of professionalism.
- Good interpersonal skills.
- Ability to take initiative and good problem-solving skills.
- Ability to prioritize work and handle multiple tasks simultaneously.
- Able to work independently and make decisions independently.
- Advanced presentation and report writing skills.
- Must be able to deal with stakeholders in cross-functional departments
Duty Station:
Kathmandu but can be placed anywhere in Nepal as per business needs and future requirements
What we offer:
International Working Environment, Robust Performance Management Process, Internal Opportunities, Ncell Academy Trainings, Work – Life Balance, Flexible Working Practices, Competitive Compensation, Festive Allowance, Social Security Fund, Leave Travel Allowance, Medical Insurance, Communication Facilities, etc.