Financial Controller

British Council

The British Council has had a presence in Nepal since 1959. The British Council office in Nepal has been active in improving the teaching and learning of English, education sector projects and partnership programs, education promotion, UK examination and policy dialogue activities. British Council has also delivered range of Skills programmes in South Asia.

Details / requirements:

VACANCY ANNOUNCEMENT

FINANCIAL CONTROLLER NEPAL

Region                                   :           South Asia

Country / Territory             :           Nepal

Location                                :           Kathmandu

Department                          :           Business Support Services

Job Category                       :           Finance

Pay Band                               :           Locally appointed Grade F

Contract                                :           1 year extendable by +1 year

This role supports the Regional Financial Controller with the end to end accounting process across the operation; including month and year end close, and ensures consistent, accurate and robust financial accounting processes in line with accounting practices and corporate policies. This is a key role in the new organisational structure emerging from the Financial Transparency recommendations.   The role will manage Nepal Finance  team consisting of Accountant and Finance Controller.  

Key responsibilities will include:  

In the context of the management of two new company codes, one for Exams and one for non-Exams in Nepal the post-holder will: 

  • Manage the financial month end process, being accountable to the Regional Financial Controller for the pre-closing and month end closing steps, including maintenance of accounting records.
  • As part of this the role will also be responsible for review and monitoring all accounting transactions and adjustments (accruals, deferrals and provisions), including Intercompany accounting, ensuring appropriate use of these in line with accounting rules.
  • Review all manual journals and off-system payments to ensure accuracy and compliance with relevant policies.
  • Perform reconciliation of all relevant accounts and ensure that this is completed to corporate standards.
  • Ensure that local external accounting requirements are adhered to. This may include managing local providers such as tax accountants or auditors.
  • Submission of local Tax and other statutory returns to Regional Financial Controller for approval.
  • Provide an advisory function to cluster / country operations on technical accounting issues, and liaise with other specialist finance functions such as Tax and Treasury as needed.
  • Identify issues and resolution in relation to financial accounting matters.
  • Ensure that requests for new Master Data items (Profit Centre, Cost Centre, WBS, etc.) are compliant and that the integrity of finances is maintained.
  • Produce periodic reports relating to financial accounting for cluster / country as requested by Regional Financial Controller.
  • Monitor the cost allocation ratios for the cluster / country operations to ensure that they are based in accurate accounting rationale
  • Ensure that the cluster / country operation fully complies with Travel & Expenses policy and that claims are submitted promptly and accurately with relevant documentation.
  • Manage the creation of billing documents once the process has been initiated by the cluster / country operation and monitors debt levels.
  • Manage the process Income in kind submissions.
  • Manage with Regional Financial Controller the service level agreement(s) with SSC.
  • Co-ordinate at cluster / country level provision of information to internal / external auditors.
  • Implement audit recommendations at cluster / country level.
  • Supporting cluster / country going through a Tax and Status change project.
  • Supporting subsidiaries in cluster / country on post-stabilisation phase.
  • Provide financial oversight for active FCR projects in Nepal

If you are interested to apply, for further information please see the Link below: 

External Link for External Candidates : http://bit.ly/2JyeAx6

Closing date:  UK time: 23:59, 27 May 2019

The British Council is committed to a policy of equal opportunity. British Council is committed to safeguarding and promoting the welfare of children and young people and expects all of its partners to share this commitment. In line with the British Council’s Child Protection policy, any appointment is contingent on thorough checks. In the UK, and in other countries where appropriate systems exist, these include criminal records checks.

Overview

Category Finance & Administration
Openings 1
Experience Please check vacancy details.
Education Please check vacancy details
Posted Date 13 May, 2019
Apply Before 27 May, 2019
City Kathmandu