Yeti Distillery (P.) Ltd.
Account Manager – CA – Managerial Level
Basic Information
Job Code: 123-07-07-2023
Job Category: Accounts & Finance
Job Level: Managerial Level
Employment Type: Full Time
Hiring Source: Internal Competition, Vacancy Announcement, External Source
Business Units: Yeti Distillery (P.) Ltd.
Locations: Kathmandu – HO(Nepal)
Offered Salary: Negotiable
Job Specification
Job Category: Accounts & Finance
Sub Categories: Accounts & Finance
Required Qualification: CA
Required Degrees: Chartered Accountancy, ACCA
Experience: More Than 5 Years
Required Skills: Communication Skills, Leadership Skills, Computer Literacy
Required Gender: Any
Position Summary
Provide proper assist to supervisor on timely and accurate operation of accounting functions of the HO.
Major Roles And Responsibilities (Job Details)
Financial Service
- Provide information and document to the Management, internal auditor on monthly basis and external auditor on timely.
- 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.
- To ensure 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.
- Conduct the physical verification of Fixed Assets annually and Inventory semiannually.
- 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 Managing director 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.
- 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.
- The job description may be revised on need basis. This will be informed prior.
2. Audit:
- Vouching on Test-Check basis to ensure the correctness and accuracy of the transactions and compliance of SOP, Accounting standard, and government laws and to report about the loopholes to avoid misappropriation of assets.
- Review of overall financial statement and trial balance for compliance with company act and accounting standards and to identify abnormalities
- Audit of inter unit accounts, Bank Reconciliation Statement, Debtor’s reconciliation-domestic and export.
- Audit of domestic sales overhead to ensure the achievement of maximum benefit against the expenses. Main areas are coupon, scheme, freight, and DS Salary including commission, advertisement, free distribution and damages.
- Audit of clearing expenses of all imports and exports inclusive of custom formality expenses.
3. Report
- 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).
- Monthly Operation Report of Finance & Accounts Department.
- Preparation of MIS as required by Department Head, Managing Director.
Apply Before (Deadline) : 17/08/2023 AD, 2080-04-32 BS