Accountant

The Account/Finance Manager will be responsible for overseeing the entire financial health of the company. This includes managing all accounting operations, financial reporting, budgeting, taxation, and compliance with Nepalese laws. A critical part of the role involves managing the complex financial workflows of international trade, including foreign exchange (forex), Letters of Credit (LC), customs duty, and bank guarantees. The ideal candidate will be a strategic thinker with a strong hands-on approach to finance and accounting.Key Responsibilities1. Financial Accounting & Reporting:Manage the full cycle of accounting activities: accounts payable, accounts receivable, general ledger, and bank reconciliations.Prepare monthly, quarterly, and annual financial statements (Profit & Loss, Balance Sheet, Cash Flow) in compliance with Nepal Financial Reporting Standards (NFRS).Ensure accurate and timely closing of books every month.2. Import & Trade Finance Management:Letter of Credit (LC) Management: Prepare, review, and process LC applications with banks, ensuring all terms and conditions (Incoterms) are accurately met.Forex Management: Handle foreign exchange transactions, monitor exchange rate fluctuations, and execute forex deals to minimize currency risk.Customs & Taxation: Calculate and ensure timely payment of customs duties, VAT, and other taxes as per Nepal's customs laws. Liaise with customs agents and authorities.Bank Guarantees: Manage the process for obtaining and retiring bank guarantees as required for business operations.3. Treasury & Cash Flow Management:Forecast cash flow positions and ensure sufficient funds are available for daily operations and import payments.Manage relationships with banks and financial institutions for loans, credit facilities, and other financial services.Optimize working capital by effectively managing inventory, payables, and receivables.4. Budgeting & Financial Planning:Lead the annual budgeting and periodic forecasting processes.Analyze financial performance against budgets and forecasts, and provide insightful reports to management.Conduct cost-benefit analysis for new import opportunities and business ventures.5. Taxation & Compliance:Ensure full compliance with all tax regulations, including VAT, TDS, Income Tax, and Excise Duty.Prepare and file timely tax returns and handle all correspondence with the Inland Revenue Department (IRD).Coordinate with external auditors for the annual audit and ensure all statutory requirements are met.6. Team Leadership & Process Improvement:Supervise, mentor, and lead the accounts and finance team.Implement and improve robust internal control systems and financial policies.Leverage accounting software (e.g., Tally.ERP 9, Fin Pro) to streamline processes and improve efficiency.Required Qualifications & ExperienceEducation: Master's Degree in Finance, Accounting, or a related field. A Bachelor's degree in Management (BBS) or Commerce is a minimum.Certification: CA / ACCA / CPA qualification is highly preferred.Experience: Minimum of 6-8 years of progressive experience in accounting and finance, with at least 4 years in a managerial role, preferably within a trading, import/export, or manufacturing company in Nepal.Technical Skills:In-depth, practical knowledge of Nepal's tax laws, customs procedures, and company laws.Proven experience in handling Letters of Credit (LC), forex, and bank guarantees.Proficiency in Fin-pro is essential. Knowledge of other ERP systems is a plus.Advanced skills in MS Excel (Pivot Tables, VLOOKUP, Advance Excel Formula etc.).Key Competencies & Personal AttributesAnalytical & Strategic Thinker: Ability to analyze complex financial data and provide strategic recommendations.High Integrity: Utmost ethical standards and professionalism in handling confidential financial information.Problem-Solver: Proactive in identifying financial issues and implementing effective solutions, especially related to import logistics and payments.Excellent Communicator: Strong verbal and written communication skills in Nepali and English. Ability to liaise effectively with banks, government offices, and international suppliers.Detail-Oriented: Meticulous attention to detail in financial reporting and compliance.Leadership: Ability to lead, motivate, and develop a team.