Finance and Account Executive

Position: Finance and Account Executive
Location: Kathmandu

1. Financial Accounting and Reporting

• Ensuring accounting of all expenses /provisions/sales invoices /purchase invoices on a regular basis so that monthly cut offs are adhered while preparing month end reports. Preparing monthly financial results i.e. Profit and Loss Account, Statement of financial position i.e. Balance Sheet and Cash Flow position i.e. Cash Flow Statement.
• Verification and reconciliation of all Ledgers related to Directors, Shareholders and related parties.
• Check the payment schedule prepared by the team and revert any suggestion. Co-ordinate to the entire department for information sharing or any issue solving process.
• Assist to generate Accurate and timely Accounting report with Monthly Closing of All accounts.
• Ensuring that capitalization of fixed assets is properly recorded/accounted for and reflected in the fixed assets register and checking of depreciation calculation.
• Managing Indirect Tax & Direct Tax related matters like TDS related matters, Monitoring Statutory Duties (TDS, Excise Duty, Service Tax etc.) and filing the return. Ensure the timely filing of E-TDS, tax rates used for all tax liabilities are current and proper amounts are collected or accrued. Administer the tax filing and payment of all local taxes in accordance with local tax regulations. Assist with all regulatory audits and resolution of all issues. Document tax-exempt transaction.
• Verification of VAT reconciliation and Excise reconciliation and timely reporting of reverse vat liabilities.
• Verify the monthly VAT returns or statement, Excise return or Statement on time.
• Prepare the bank payment plan by obtaining the data from the bank. Communicate to appropriate member in the team.
• Monitor the bank reconciliations and action on outstanding entries on weekly basis.
• Check and verify the cost sheet including landed cost prepared by the sub ordinates. Prepare Purchase reconciliation statement on periodic basis.
• Ensure that all modules of SAP have been implemented properly. Check the report generated, analyze it and communicate to Supervisor or Chief of Finance for the improvement in reporting format.
• Coordinate and produce all tax documentation as required. The role includes preparation of full audit document, Investigation document and other tax related document.
• Coordinate, manage and monitor the existing team members and advice for better efficiency in corporate office and factory office.
• Supervision and tracking the performance of finance and account team and guide them consistently to meet targets.
• Department Head, Managing Director may assign specific assignment on need basis.
• Provide information and document to the internal auditor and external auditor as and when required.
• The job description may be revised on need basis. This will be informed prior.

2. Reporting

• Monthly financial results i.e. Profit and Loss Account, Statement of financial position i.e. Balance Sheet and Cash Flow position i.e. Cash Flow Statement.
• Monthly Report on Bank Payment, Incoming, LC Payment, Loan Repayment.
• Monthly Report on Statutory Dues (Excise, VAT & TDS).
• Preparation of MIS as required by Department Head, Managing Director.

3. Qualification and Experience:

• MBA/MBS with Major: Finance and Accounts
• 3 to 5 years of experience in the relevant sector
• Proficiency in MS Office Package
• Experienced in ERP Software (SAP)

Interested candidates can apply by clicking on the link below or by sending resumes to vacancy@yetidistitllery.com

Tagged as: Kathmandu