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Chief Finance Officer (CFO)

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AvailabiltyFull Time
CategoryCFO Jobs
Salary NegotiableYes
Job LevelTop Level
Job LocationNaxal, Kathmandu
No. Of Vacancy1
Education LevelBachelor
Experience RequiredMore Then 7years

Requirements :-

  • Minimum 8–10 years of progressive experience in finance and accounting roles
  • At least 3–5 years in a senior leadership position (e.g., Finance Manager, Financial Controller, or CFO)

  • Strong understanding of financial regulations, compliance, and taxation in Nepal

  • Proven experience in strategic financial planning and budgeting

  • Excellent leadership and team management skills

  • Strong analytical and problem-solving abilities

  • Proficient in accounting software (e.g., Tally, SAP, QuickBooks) and MS Office

  • Effective communication and interpersonal skills

Job Responsibility :-

  • Oversee the drafting and approval of the annual budget.
  • Monitor and control the variation between estimated and actual budgets.

  • Review and address audit comments and remarks.
  • Aim for a minimal number of severe audit errors (<3).
  • Implement measures to reduce costs compared to previous periods.
  • Ensure cost reductions align with budgetary targets and do not exceed 10%.
  • Ensure timely submission of financial reports (daily, weekly, monthly, quarterly).
  • Maintain accuracy in Management Information Systems (MIS) with deviations less than one week.
  • Oversee vendor selection to ensure price competitiveness and timely deliveries.
  • Minimize purchase order and invoice errors.
  • Optimize net collection percentages and reduce days in accounts receivable.
  • Ensure full compliance with tax regulations and resolve tax-related issues promptly.
  • Maintain a zero-tolerance policy towards non-compliance.
  • Ensure accurate asset coding, booking, disposal, and management.
  • Maintain zero tolerance for inaccuracies in asset management.
  • Drive the creation and implementation of business strategies that translate into value-creating operating plans.
  • Initiate process innovations and improvements.
  • Foster a sense of ownership and accountability within the finance team.
  • Make informed decisions and instill a similar level of action in team members.
  • Develop effective solutions by understanding the complexities of information and events.
  • Promote departmental problem-solving approaches.
  • Generate alliances by identifying and acting on factors that contribute to organizational, customer, and supplier success.
  • Enhance interdepartmental relationships and communications.
  • Close gaps between the current state and the desired strategy.
  • Develop competencies within the finance team to execute strategies effectively.
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