Finance Specialist – Compliance and & Payroll
World Vision International Nepal
Kusunti, KC Tower, Lalitpur, Nepal
Major Responsibilities:
- Ensure payroll is processed and booked correctly and in a timely manner
- Payroll tax is deducted as per Income Tax Act of Nepal and credited tax is filed to Inland Revenue Department regularly on time
- Medical Fund and Accident Insurance funds are calculated and deposited on time ( as per Plan)
- Employee Retirement Fund (EPF/CIT) deducted correctly with employee consent and deposited on time.
- Book International staffs payroll and taxes accurately and timely
- Calculate gratuity, Repatriation, insurance and other employee benefits for payment, settlement, provisioning, budgeting and charges correctly to cost centers including Grants and PNS projects.
- Serve as focal person in WVI Nepal for Statutory Audits, Internal and donor audits, taxes and other government compliances related to finance
- Ensure WVI Nepal follows all requirements from IRD regarding taxes, renewal certificates etc.
- Identify and circulate updates in taxation system, government policies
- Resolve queries from field level, PNGOs and staffs in co-ordination with finance manager, Auditors or legal advisors as needed.
- Ensure statutory compliance in relation to Taxes, VAT, TDS, e-TDS
- Compilation of WVI Nepal financial reports for government (MOF, SWC, GA, PA, CPAC, etc.)
- Ensure that WVI Nepal meets 100% compliance in relation to LDR and timesheet requirements
- Prepare and submit report to GC and region for LDR and BPS compliance as required
- Work with P&C and grants team as required to ensure all staff benefits are budgeted correctly and charged correctly in grants and projects
- Ensure Block Party Screening is done as per WV Finance policy and donor requirements
- Serve as focal person for follow-up of internal and external audit recommendations and implementation.
- Review, update and recommend for new policies and guidelines as applicable for WVI Nepal and its Partner Organizations
- Develop and maintain reporting tools and templates
- Provide Technical expertise and consulting on Chart of Accounts, GAAP, Taxation, and General Accounting etc.
- Implementation and analysis of risk based financial monitoring of Partner NGOs
- Identify and initiate effective and efficient process in relation to financial management system and processes
- Initiate and develop tools and templates for sharing salary, benefit and other shared cost to various grants and projects in co-ordination with Grant finance team
- Support on finance business process improvements, developing tools and templates as needed
- Strengthen internal control mechanism in WVI Nepal
- Work as focal person for managing IIMS
- Train finance and non-finance on BPS, LDR, timesheet requirements
- Track , update and share changes of taxation policy / information and ensure application
- Attend training and workshop on TAX/VAT and apply learning at field level.
- Serve as focal person for Tax and government compliance at National Office
- Increasing demonstration and understanding of and commitment to WV’s core value in approach to work and relationship.
- Work and life balance.
- Performance review completed and development goal achieved.
KNOWLEDGE/QUALIFICATIONS FOR THE ROLE
Required Professional Experience:
- Bachelors Degree of Accounting, Finance, Business Studies or Business Administration with at least 5 years of experience in Finance and Accounting
- CA, ACCA, CPA or equivalent certified professional accountant,
- Mentoring, orientation & training Skill
- Good interpersonal, problem solving & time management skills
- Willingness to work under pressure with tight deadlines and to travel across the project areas.
- Experienced in business accounting procedure including solid knowledge of accounting regulations and use of Accounting Software.
- Experience of Payroll Accounting, Tax and Audit
- General Accepted Accounting Principles (GAAP), Knowledge on Nepalese Taxation and VAT Act.
- Excellent computer literacy & skill of MS office applications (Word/Excel/PowerPoint/internet etc.)
- Good command of English & Nepali languages (written & spoken)
- Excellent analytical and problem-solving skills.
Preferred Knowledge and Qualifications:
- Understanding of World Vision Financial System & procedures
- Master’s Degree in Finance/Accounting or Professional with 3 Years of Experience.
- Good verbal and written communication skills
- Practical knowledge of project budgeting, accounting & reporting
- Prior experience of working in development sectors.
Applicant Types Accepted:
Local Applicants Only
Job Detail Expired
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Job Type :
Full Time
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Salary :
Not Disclosed
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Experience :
5 - 6 (Years)
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No. of Vacancy :
-
Min. Education :
Bachelor Degree
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Last Date to Apply :
May 27, 2023