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.
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.
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
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.
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
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.
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 firstname.lastname@example.org. This vacancy is also available on our website & facebook page; www.shaktisamuha.org.np & Shakti Samuha Nepal https://www.facebook.com/pages/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.
NGO / INGO / Social Work
Chabahil-07, Hospital Marg, House No. 203 (Behind Medicare Hospital), Kathmandu, Nepal
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