The Finance Controller is responsible and accountable to the Top-Level Management, Directors, and any committee formed within the organization. They will collaborate closely with senior leadership to provide financial insights, guidance, and support in alignment with the company’s strategic objectives and priorities.
We are seeking a highly skilled and experienced Finance Controller to join our team and oversee the financial management and reporting processes across our group of companies. The Finance Controller will play a critical role in ensuring financial integrity, compliance, and strategic decision-making to support the overall success and growth of the organization.
i) Financial Reporting:
✓ Prepare timely and accurate financial statements, including income statements, balance sheets, and cash flow statements, in accordance with Nepal Financial Reporting Standards (NFRS) and regulatory requirements.
✓ Consolidate financial results from various business units and present comprehensive reports to senior management and stakeholders.
✓ Prepare interim financial statement for public disclosure as per relevant laws.
ii) Financial Planning and Analysis:
✓ Develop and maintain financial models, forecasts, and budgets for each business segment within the group.
✓ Conduct thorough financial analysis to support strategic decision-making, identify risks and opportunities, and drive profitability.
iii) Budgeting and Forecasting:
✓ Support the Finance Director in developing annual budgets and forecasts in line with the hotel’s strategic goals.
✓ Coordinate with department heads in the budgeting process, providing guidance, templates, and financial analysis and provide regular budget updates & variance analysis.
iv) Internal Controls and Compliance with laws & regulations:
✓ Establish and maintain robust internal control processes to safeguard company assets, ensure compliance with accounting standards, and mitigate financial risks.
✓ Oversee the preparation and filing of tax returns, ensuring compliance with relevant tax laws and regulations.
v) Cash Flow Management:
✓ Monitor cash flow projections and manage liquidity needs across the organization.
✓ Implement effective cash management strategies to optimize working capital and minimize financing costs.
vi) Coordination with Bank
✓ Manage import-related banking operations, including the issuance and administration of Letters of Credit (LC) and Telegraphic Transfers (TT).
✓ Liaise with banks and financial institutions to ensure timely processing of transactions while adhering to regulatory requirements and company policies
vii) Financial Operations:
✓ Streamline and improve financial processes, systems, and policies to enhance efficiency and accuracy.
✓ Collaborate with cross-functional teams to address financial issues, drive process improvements, and support business objectives.
viii) Risk Management:
✓ Identify, assess, and mitigate financial risks impacting the organization’s operations and financial performance.
✓ Develop and implement risk management strategies to protect the company’s financial health and reputation.
• At least Bachelor’s degree in Finance, Accounting, or related field; MBA/MBS or CA (ICAN/ICAI) or ACCA Affiliate preferred.
• Proven experience as a Finance Controller or similar role, preferably within a multi sector organization or group of companies.
• Thorough understanding of financial principles, regulations, and best practices.
• Strong analytical skills and proficiency in financial modeling, forecasting, and reporting.
• Excellent communication and interpersonal skills, with the ability to interact effectively with stakeholders at all levels.
• Strategic mindset with a focus on driving business results and continuous improvement.
• Experience with ERP systems and financial software (e.g., SAP, Oracle, QuickBooks).
• Demonstrated leadership abilities and a commitment to integrity, ethics, and professionalism.
Interested candidates are invited to submit their resume and a cover letter outlining their qualifications and experience to [email protected] whatsapp: 9820114990/ 9820114991.
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