Key Responsibilities of Assistant Finance Manager

 Financial Reporting & Analysis

• Prepare monthly, quarterly, and annual financial statements aligned with NFRS.
• Perform variance analysis comparing budget vs actual project expenses.
• Support Finance Manager in generating internal and board-level reports.
• Ensure timely submission of tax filings (VAT, TDS, Income Tax).

Budgeting and Forecasting

• Assist in preparing annual budgets for corporate and project-level activities.
• Monitor ongoing construction project budgets and flag overruns.
• Prepare financial forecasts and assist in profitability planning.

Project-Based Cost Accounting

• Maintain project-wise ledgers for large-scale hydropower and road construction projects.
• Reconcile contractor bills, material issuance, and site financial statements.
• Verify project progress payments and coordinate with site engineers.

Cash Flow & Treasury Management

• Monitor daily cash flow requirements and bank balances.
• Conduct regular bank reconciliations for all company accounts.
• Support fund transfers between site accounts and head office as needed.

Audit &  Internal Controls

• Coordinate with statutory and internal auditors during audits.
• Implement internal controls to prevent financial discrepancies or fraud.
•  Ensure documentation of all project and administrative expenses.

Tax & Regulatory Compliance

• Prepare VAT, TDS, and income tax calculations as per Nepalese tax regulations.
• Assist in resolving tax office queries and conducting tax reconciliations.
• Maintain compliance with Department of Industry (DOI), IRD, and other regulators.

Accounts Payable & Receivable

• Oversee timely vendor invoice processing and staff reimbursements.
• Monitor collection schedules from clients, government contracts, or JV partners.
• Reconcile intercompany accounts (especially in cross-border ventures or JVs).

ERP and Software Support

• Operate and maintain financial records in Tally or ERP software.
• Assist in digitizing financial workflows and reports.
•  Coordinate with the IT team for data accuracy in finance modules.

 Coordination & Communication

•  Collaborate with Project Managers, Procurement, and HR for financial decisions.
•  Liaise with banks for LC management, salary disbursement, and bank guarantees.
• Provide inputs in financial decision-making for new tenders and bidding processes.

Source : merojob

Job Detail Expired

Contact Detail