Director of Finance and Accounting

The Vesper House PVT Ltd

We are a leading independent wine house and trading company in Nepal, specializing in offering exclusive wines from around the world, many from boutique producers and established world renowned wineries. Our wide range of wines are carefully selected by us to ensure we offer the very best combination of quality, value and choice, catering for all tastes. High quality customer service is at the fore of everything we do. Because of our passion for wine we have continued to evolve since establishing in 2010. We currently sell our wines to corporate clients, hotels, multicultural restaurants, wine bars, clubs and individual customers. Drinking wine is a celebration of life, good food and of special company. With Vesper Fine Wines and delicious Italian and Continental cuisine at our restaurant, you are guaranteed to experience a greater level of enjoyment and satisfaction.

Details / requirements:

POSITION DESCRIPTION TITLE: Director of Finance and Accounting

 

LOCATION: Vesper Head office, Avas - Bhaisepati, Lalitpur - Nepal

We are a leading independent wine house and trading company in Nepal, specializing in offering exclusive wines from around the world, many from boutique producers and established world renowned wineries. Our wide ranges of wines are carefully selected by us to ensure we offer the very best combination of quality, value and choice, catering for all tastes.

High quality customer service is at the fore of everything we do. Because of our passion for wine we have continued to evolve since establishing in 2010. We currently sell our wines to corporate clients, hotels, multicultural restaurants, wine bars, clubs and individual customers.

It is a fundamental principle of Vesper House that our success is due to great employees, brands and outstanding clients and producers achieving excellent results. Our employees, client’s & producers are the best ambassadors for our brands by demonstrating their commitment to our company values of trust, caring, passion and excellence.

Position Overview

The Vesper House is seeking an experienced, hands-on Director of Finance and Accounting to provide oversight of all finance, accounting and reporting activities supporting Vesper’s global operations. He/She will lead the overall finance strategy and operations for Vesper and will have functional responsibility over accounting, accounts payable/receivable, budgeting and expense procedures. The Director of Finance and Accounting will ensure that Vesper has systems and procedures in place to support effective program implementation and provide strong internal controls. Essential requirements include 5-7 years’ accounting experience (CPA/MBA with international trading sector experience preferred), strong IT skills, highly effective communication and people management skills, and a proactive and meticulous approach. As part of our commitment to finding the highest-calibre candidates for this role, Vesper is working in collaboration with international wine producers and suppliers.

ESSENTIAL RESPONSIBILITIES

Financial Strategy

·       Develop long-term financial model and regularly monitor financial performance of the organization;

·       Play a critical role on leadership team, ensuring cost effectiveness and efficiency in delivery of our financial strategy;

·       Advise Senior Leadership Team and Board members on financial and organizational effectiveness; and

·       Provide strategic guidance regarding the related policies, processes and systems necessary to manage the organization’s financial and administrative operation. 

Financial Reporting

·       Consistently analyze financial data and present reports in an accurate and timely manner; clearly communicate monthly, quarterly and annual financial statements; monitor progress, prepare financial outlooks and financial forecasts and keep Director of Operations abreast of any changes;

·       Prepare wine import planning & other project budgets and financial reports to Directors and company associates;

·       Prepare draft tax reporting and manage other local and state regulatory reporting requirements;

·       Prepare financial analysis for contract negotiations and wine purchase; and

·       Support the Directors of Operations and Administration and in engaging the Board’s Sustainability Committee around issues and trends in accounting and Vesper’s finances.

Financial Controls

·       Ensure all compliance practices are implemented based on up to date regulations;

·       Conduct internal reporting for Vesper’s group of companies and mainly “Vesper House” as a trading company

Accounting Functions and Financial Systems

·       Oversee all accounts, ledgers, and reporting systems ensuring compliance with appropriate GAAP standards and regulatory requirements;

·       Coordinate all audit activity and prepare detailed audit schedules;

·       Create and maintain finance manuals and other working documents as needed to ensure staff adhere to recommended practices and procedures;

·       Oversee local & international accounts receivable and accounts payable and supervise subordinate who execute A/R and A/P transactions;

·       Oversee all domestic and international payments, wires and ACH transactions;

·       Provide oversight on credit card reconciliation, employee expense reports, cash control, and oversee payroll tax compliance; and

·       Utilize current transactional and financial systems and make recommendations for ongoing improvements in functionality as required.

Budgets, Cash Flow Management and Controls

·       Manage the annual budget process, providing guidance and support to Directors and other team members where needed;

·       Maintain internal control and safeguards for receipt of revenue, costs and trading budgets and actual expenses;

·       Develop documentation of procedures and recommendations for process improvements;

·       Monitor investment portfolio as appropriate and bank balance positions during the course of the year;

·       Interface with outside audit firms, banks, business insurance agents, credit card companies, etc. on Vesper’s behalf;

·       Manage organizational cash flow forecasting in partnership with Directors of Operations and Administration;

·       Prepare payroll monthly; and

·       Review balance sheet and income statements for accuracy.

People Management

·       Manage small team of accounting associates by providing guidance over daily operating financial procedures; and

·       Continuously collaborate with Directors to assess the financial efficacy of trading operations;

Other Projects

·       Support strategic and annual planning and participate in special projects, reports and initiatives as required

REQUIREMENTS

Qualifications and Desired Experience

·       Bachelor's degree from a 4-year accredited college or university;

·       Bachelors or Advanced Degree/Certification in Accounting; CPA/MBA a plus with experience in trading & hospitality industry accounting

·       6-8 years of accounting experience, demonstrating a clear increase in responsibilities

·       Experience with International transactions and accounting preferred.

·       Knowledgeable in GAAP, GAAS, and IRS Codes.

·       Demonstrated ability with reviewing, creating, and implementing new systems and approaches

·       Advanced knowledge of accounting and reporting software – and Microsoft Office experience required and other forms of accounting and finance software a plus

·       Strong experience managing reporting, budget development and analysis, general ledger, accounts payable, accounts payable and receivable, payroll, income tax and banking

·       Advanced knowledge utilizing and maintaining accounting and tax systems.

·       Experience with International transactions and accounting preferred.

·       Well organized, logical thinking decision-maker with an analytical, detailed approach to researching and problem solving

·       Strong people management skills; ability to manage team members and work collaboratively across the organization.

Skills and Attributes

·       Proactive, hands-on strategic thinker who is comfortable working in partnership with senior leaders;

·       Excellent written and communication skills;

·       Keen analytic, organization and problem solving skills; experience in effectively communicating key data, including presentations to senior management, Board and other stakeholders;

·       Ability to translate financial concepts to individuals at all levels in the organization – including non-finance employees;

·       Ability to work in a fast paced, team environment with rapidly changing priorities;

·       Meticulous attention to detail – demonstrates accuracy and thoroughness, organized, monitors own work to ensure quality;

·       Independent problem solving ability;

·       Challenges current practice constructively and gives feedback that improves performance

·       Customer-oriented, positive attitude; and

·       Commitment to a work environment that incorporates Vesper’s cultural values: Mission- Driven, Professional, Direct, Naturally collaborative, Collegial and Fun.

JOB RELATED INFORMATION

·       A full-time position

·       30 days annual leave

·       Meal on duty

·       Medical and accidental insurance

 

·       Other Benefits

 

APPLICATION INSTRUCTIONS

Unless your experience matches our job description, we will not confirm receipt of your application. Please send your full resume details with photograph to: info@vesperhouse.com in MS Word format or PDF as an attachment with (DFA) in the subject line. We will then respond to you with further information on the above  assignment. Look forward to hearing from you.

Kind Regards,

HR Team

THE VESPER HOUSE P. LTD.

www.vesperhouse.com 

 

Overview

Category Accounting and Finance
Openings 1
Salary Rs. 0 / Hour
Experience 5+ years
Education MBA
Posted Date 12 Nov, 2018
Apply Before 11 Dec, 2018
City Lalitpur