Senior Finance Officer

Job Description

• Handling Day to Day cash and Bank Transaction
• Cash and Bank Reconciliation 
• Check and ensure all expenditures of the project are in accordance with organizational policies and procedures. This includes ensuring that receipts are obtained for all payments
• Assets to continuously improve system & procedures to enhance internal controls to satisfy audit requirements
• Prepare vouchers for all transactions in the accounting software
• Carry out timely release and settlement of project budgets/expenses and staff advances
• Support to prepare periodic financial reports and assist in financial analysis for program and operations
• Monitoring and controlling expenses
• Ensure preparation of Tax, VAT and TDS returns

Responsibilities related to Budgeting:

• Ensure implementation of best practices in budgeting, accounting, auditing, and procurement, compliant with the laws of Nepal and meeting all requirements
• Ensure that the financial management practices endorsed adhere to GoN laws and financial policy
• Ensure availability of financial information for examination, assessment, and review by the management and the shareholders.
• Ensure that funds are used for explicitly stated purposes
• Establish consistency in financial planning and budgeting for all components

 Responsibilities Related to Accounting:

• Develop a long-term accounting system that is sustainable, transparent, efficient, user-friendly, useful for audits and reporting, and compliant with all national and international laws
• Ensure financial records are up-to-date with the latest transactions in accounting software (Tally Preferable).
• Ensure management of online files and appropriate filling of electronic and hard copies of the financial documents & reports
• Manage banking transactions related to the project, including preparing bank transfer requests, submitting them to the bank and monitoring transfers
• Preparing bank reconciliation statements in a monthly or bi-monthly basis based in volume of transactions
• Reconcile all balance sheet accounts and maintain records on file
• Prepare quarterly project financial reports
• Compliance with TDS payment, E-TDS filling and tax return filling in accordance with Income Tax Act 2058 of GoN
• Monitor and ensure expenditure of project funding made in accordance with the allocated budget and approved by the designated supervisor
• Verify all bills and invoices including supporting documents against the approved activities and submit for approval before vetting of payments
• Maintain an inventory file to support purchases of all equipment/assets quarterly basis with physical verification

Responsibilities Related to Auditing:

• Organize a statutory audit annually in accordance with rules of GoN within 3 months of fiscal year-end
• Institutionalize and implement internal auditing practice 

Job Specification

• MBA/MBS/ Bachelor with specialized in Finance
• 2-5 years of experience in related field
• Good computer skills specially MS Excel
• Strong interpersonal, communication and presentation skills