Finance Head Senior Level

Shakti Samuha
Location: Kathmandu
Salary: Negotiable
Posted Date: 2019-06-11 Deadline: 2019-06-21
  • Nos. of Opening : 1
  • Location : Kathmandu
  • Experience : 5 years +
  • Working Position : Senior Level
  • Salary : Negotiable
  • Category : NGO / INGO / Social work
  • Nature : Full Time
Job Description

Primary Duties and Responsibilities of Finance Head

The Finance Head of Finance performs a wide range of duties including some or all of the following:

Monitoring the following activities:

  • Financial accounting and reporting
  • Develop and maintain timely and accurate financial statements and reports that are appropriate for the users and in accordance with generally accepted accounting principles.
  • Develop, implement, and ensure compliance with internal financial and accounting policies and procedures
  • Ensure that all statutory requirements of the organization are met including Charitable Status, Withholding Payments, Income Tax, Goods, and Services Tax, Employer Health Tax
  • Prepare all supporting information for the annual audit and liaise with the Board's Audit Committee and the external auditors as necessary
  • Document and maintain complete and accurate supporting information for all financial transactions
  • Develop and maintain financial accounting systems for cash management, accounts payable, accounts receivable, credit control, and petty cash
  • Reconcile bank and investment accounts
  • Review monthly/quarterly/annual results and implement monthly variance reporting
  • Manage the cash flow and prepare cash flow forecasts in accordance with policy
  • Oversee the bookkeeping function including maintenance of the general ledger, accounts payable, accounts receivable and payroll
  • Manage the acquisition of capital assets and ensure that assets are properly recorded, amortized, and disposed of as appropriate
  • Overall responsible for the finance department.

 Payroll preparation

  • Oversee all payroll functions to ensure that employees are paid in a timely and accurate manner
  • Negotiate and manage the employee insurance and plans as per the policy of SS.
  • Forecast the budget and the remaining budget as per the logical frame and coordinate with the project coordinator for the harmonization for the narrative report and financial report.

 Budget preparation

  • Establish guidelines for budget and forecast preparation and prepare the annual budget in consultation with the Executive Director and Treasurer
  • Assist Project Coordinators with the preparation of budgets for funding applications

  Project management accounting

  • Maintain financial records for each project in a manner that facilitates management reports
  • Ensure that accurate and timely financial statements are prepared in accordance with contract agreements with funders
  • Provide accurate and timely reporting on the financial activity of individual projects

  Information technology

  • Evaluate the need for new technology to meet the organization's financial data processing, control, and reporting requirements
  • Advise on appropriate technology that meets the organization's information requirements and financial resources.

 Risk management

  • Monitor risk management policies and procedures to ensure that program and organizational risks are minimized
  • Advise the organization's leadership on appropriate financial status for the organization and the Board of Directors

Team Work

  • Responsible for preparing the JD of the staff working under the Finance Head.
  • Time to time orientation to the staff working in the Finance department.

Job Specification

    Fluent in reading,writing & speaking English

    Good reporting and communication skills

    Proficient in all aspect of computer application (Ms Office)

    Must have familiar with Accounting Software-FAMAS

    Good team player with excellent interpersonal skills

    Ability to work in the pressure environment

Apply Instructions

Interested and competent applicants (priority will be given to women) are requested to submit i) A cover letter ii) Updated Curriculum Vitae should reach by 21st June 2019 including your expected salary. Please apply via email to  This vacancy is also available on our website & facebook page; & Shakti Samuha Nepal

Telephone queries will not be entertained. Only short-listed candidates will be contacted for further process. Application without complete documentation shall not be eligible for short-listing. Salary will be negotiable.

This Job is expired. The Company is no longer accepting applications for this position.

Industry Type NGO / INGO / Social Work
Location Chabahil-07, Hospital Marg, House No. 203 (Behind Medicare Hospital), Kathmandu, Nepal
Organization Size 1-10
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