ACCA Vacancy at Bizbazar
Job Title : Finance Controller
Number of Vacancy : N/A
Qualification : ACCA
Experience : Qualified accountant, Manager
Job Description
Financial Reporting and Analysis:
1. Prepare financial statements, including income statements, balance sheets, and cash flow statements, ensuring accuracy and compliance with Nepal Financial Reporting Standards (NFRS)
2. Analyze financial data to identify trends, variances, and areas of improvement, providing meaningful insights to management.
3. Monitor and review departmental financial performance, highlighting areas of concern and proposing corrective actions. 4. Collaborate with the finance team to prepare periodic financial reports, forecasts, and budgets for management and stakeholders.
Budgeting and Forecasting:
1. Support the Finance Director in developing annual budgets and forecasts in line with the hotel’s strategic goals.
2. Coordinate with department heads in the budgeting process, providing guidance, templates, and financial analysis and provide regular budget updates & variance analysis.
Internal Controls and Compliance:
1. Develop and implement financial policies, procedures, and internal controls to safeguard hotel assets and ensure compliance with regulatory requirements.
2. Conduct periodic internal audits to assess compliance with financial controls and identify areas for improvement.
3. Coordinate with the external audits and ensure timely provision of requested financial information and documentation.
4. Stay updated on accounting standards, regulations, and industry best practices, recommending adjustments as necessary.
5. Good working knowledge of corporate laws and international trade (Letter of Credit/TT)
Financial Planning and Analysis and Operations:
1. Review financial transactions and documentation for accuracy, completeness, and adherence to policies and procedures.
2. Support the Finance Director in cash flow management, ensuring optimal utilization of funds and effective cash flow forecasting.
3. Collaborate with other departments to resolve financial queries, provide guidance on financial processes, and promote financial awareness.
4. Conduct financial analysis and feasibility studies for potential investments, projects, or cost-saving initiatives.
5. Evaluating financial performance indicators, benchmarking against industry standards, and identifying areas for improvement.