Website Oxford Policy Management
Finance Administrator
Job Type: Contract
Reference: EMC/AB/FA/NEP
Country: Nepal
Location: Kathmandu
Closing Date: 31/Jul/2023
An exciting opportunity has arisen in our Kathmandu Oxford Policy Management Office to work on a 12 month contract as a Finance Administator, which may be renewable depending on business requirements.
If you want to know more about the wonderful work we do at OPM, view our video on Introduction to Oxford Policy Management – YouTube.
Why choose us?
Positive company culture and ethos that focus on happy, motivated, and valued employees.
Employee assistance programme with access to free counselling.
Training and Development Opportunities
Annual leave of 24 days, sick leave 12 days & public holidays 14 days
Medical Insurance covering you, your spouse and 2 children
Gratuity is paid at the end of your service.
Key Responsibilities
We are seeking a skilled and detail-oriented individual to join our team as a Financial Management Specialist. In this role, you will be responsible for various financial management tasks to ensure the smooth operation of our organisation
Primary duties:
Cash and Bank Management: Oversee cash and bank transactions, including managing petty cash using the imprest system.
Monthly Cash Flow Forecast: Prepare monthly cash flow forecasts for fund requests to our UK Head Office.
Accounting Entries and Payment Processing: Post entries in Tally accounting system and process payments for approved transactions related to projects and corporate expenses.
Compliance and Internal Policies: Follow internal policies and guidelines for financial management.
Financial Reporting: Review monthly financial statements, inter-company statements, and overhead variance check reports. Provide support to Operations and Finance Manager on internal financial reporting.
Payroll Processing: Ensure compliance with employment agreements and modifications while processing payroll. Reconcile control accounts.
Statutory Payments: Handle statutory payments, including provident fund and gratuity, to respective authorities.
Budget Forecasting: Support in-country office budget forecasting.
Reconciliation and Tax Compliance: Perform monthly reconciliations of cash and bank balances, advances, TDS, and VAT. Timely deposit of TDS and VAT liabilities and filing of e-returns. Update VAT registers.
Audit Support: Assist in internal, external, donor, and tax audits. Provide necessary documentation and support to central office for spot checks, project audits, and group audits.
Tax Return Submission: Submit estimated and final tax returns in a timely manner. Review annual transactions and obtain confirmation from suppliers for annual tax return purposes.
Financial Year-End Support: Support in closure reports and other documents as requested by UK Finance for financial year-end as per the UK calendar. Assist in the preparation of correction journals, recode journals, year-end activities, and audit accruals.
Record Management: Ensure the safe custody and maintenance of finance records as required.
Additional Finance Duties: Perform any other finance-related tasks requested by the line manager.
Qualifications:
Degree in Finance, Accounting, or a related field.
Strong knowledge of financial management principles and practices.
Desirable experience with accounting software such as Tally and SUN System.
Familiarity with tax regulations and compliance requirements.
Excellent attention to detail and analytical skills.
Strong organisational and time management abilities.
Ability to work independently and collaborate effectively within a team.
If you have a passion for financial management and a desire to contribute to the success of OPM, we invite you to apply for this position. Please submit your resume outlining your relevant experience and qualifications.
We reserve the right to close the advert earlier, should we find a suitable candidate.