Account Officer

Job Description for Account Officer

Job Title: Account Officer

Project Duration: One year (January 2024 – January 2025)

Funding Agency: South Asia Co-operative Environment Programme (Fund Manager) on the behalf of World Bank

About the organization

Center for Research and Sustainable Development Nepal (CREASION) is a not-for-profit organization that was established in 2005. Since it was founded, CREASION has been a leader in environmental protection in Nepal through recycling, research, emergency response, grassroots and circular economy related interventions. CREASION also houses innovative, impact-based projects as well as a learning center for youth. CREASION’s work is majorly centered around four thematic areas; Environment and Sustainability, Disaster Risk Reduction, and Youth and Volunteerism.

About the Project

Project CAP (Collaborative Approach for Preventing Plastic Leakages in Rivers) aims to divert plastic waste into product value chain from landfills and rivers by strengthening plastic waste collection mechanism and bolstering recycling efforts through the introduction of technological innovations. The project will develop a collaborative model to engage all the major stakeholders in establishing a strong plastic waste value chain. The project works in 6 municipalities along four major river basins of Nepal by aligning with the proven and effective PARLEY AIR theme. Project CAP is one of the funded projects of PLEASE Project (Plastic Free Rivers and Seas of South Asia) in Nepal which is being implemented by The South Asia Cooperative Environment Programme (SACEP), in partnership with the United Nations Office for Procurement Services (UNOPS), funded by the World Bank and Parley for the Oceans.

Position Overview: The Account Officer will play a crucial role in ensuring financial accuracy and compliance at construction sites and will transition to handle trading-related accounting post-construction. This position requires a versatile and skilled professional capable of managing diverse financial tasks in the dynamic context of construction and trading operations.

Key Responsibilities:

1. Financial Transactions:

• Record and process day-to-day financial transactions, including accounts payable, accounts receivable, and general ledger entries.
• Ensure accuracy and completeness of financial data by reconciling bank statements, ledgers, and accounts.

2. Invoicing and Billing:

• Generate and process invoices for clients and vendors.
• Monitor and follow up on outstanding receivables to ensure timely payments.

3. Financial Reporting:

• Prepare and analyze financial reports, including income statements, balance sheets, and cash flow statements.
• Provide regular financial updates to management, highlighting key performance indicators and financial trends.

4. Compliance:

• Ensure compliance with accounting principles, company policies, and relevant regulations.
• Assist in the preparation for audits and collaborate with auditors to provide necessary documentation.

5. Budgeting and Forecasting:

• Contribute to the development and monitoring of budgets and financial forecasts.
• Analyze budget variances and provide insights to management.

6. Vendor Management:

• Maintain relationships with vendors and suppliers, addressing any financial queries or discrepancies.
• Negotiate favorable terms with vendors to optimize cost-effectiveness.

7. Cross-Functional Collaboration:

• Collaborate with other departments, such as procurement and sales, to ensure seamless financial operations.
• Provide financial insights to support decision-making processes.

8. Technology Utilization:

• Proficiently use accounting software and other financial tools to streamline processes and enhance efficiency.

Qualifications and Requirements:

• Bachelor's degree in accounting, Finance, or a related field.
• Proven experience in accounting, preferably in the construction and trading industry.
• Knowledge of financial regulations, budgeting, and cost control.
• Proficiency in accounting software and Microsoft Excel.
• Strong analytical and problem-solving skills.

Duration

The contract duration is One year estimated to start as early as possible.

We promote workforce diversity and highly encourage all interested applicants, especially young and young professionals including those who identify as women and indigenous community members/minority caste groups, to apply.

Send your updated CV and cover letter to capproject@creasion.org