ACCA Vacancy at River Group

Job Title : Chief Finance Officer (CFO)

Number of Vacancy : 1

Qualification : ACCA

Experience : More than 5 years

Job Description

We are seeking a highly experienced and qualified Chief Finance Officer (CFO) with a strong background in Hydro/Construction Finance to join our dynamic team of River Group. As the CFO, you will play a crucial role in leading our financial operations, effective liaison, strategic planning, and ensuring financial stability and growth in the hydro sector.

Key Responsibilities:

  • Financial Strategy: Develop and implement financial strategies aligned with the company’s goals, focusing on sustainable growth and profitability in the hydro finance sector.
  • Financial Planning and Analysis: Lead financial planning, budgeting, forecasting, and analysis to support decision-making and optimize financial performance.
  • Risk Management: Identify financial risks and implement effective risk management strategies to safeguard assets and ensure regulatory compliance.
  • Investment Management: Manage investments, capital allocation, and funding strategies to support business expansion and investment opportunities in hydro sector.
  • Financial Reporting: Prepare & present timely and accurate financial reports including monthly, quarterly, and annual financial statements to BOD, MD, Management and other specified stakeholders, ensuring transparency and compliance with regulatory requirements.
  • Cash Flow Management: Monitor cash flow, liquidity, and working capital to optimize cash  management and support operational needs.
  • Tax Planning and Compliance: Develop tax strategies, manage tax compliance, and liaise with tax authorities to minimize tax liabilities and ensure legal compliance.
  • Financial Control: Establish and maintain internal controls, policies, and procedures to safeguard financial assets and ensure accuracy and integrity in financial operations.
  • Stakeholder Relations: Build and maintain relationships with stakeholders, investors, and financial institutions, representing the company’s financial interests and fostering trust and confidence.
  • Leadership: Provide exceptional leadership, guidance, and mentorship to the finance & operational team, fostering a culture of collaboration, excellence, and continuous improvement for the success of business.

Qualification and Requirements:

  • Bachelor’s degree in Finance, Accounting, or related field. Master’s degree or CPA/ACCA qualification is preferred.
  • Extensive experience (5 to 8 year) in hydropower or construction finance management sector as CFO or 10 to 15 year experience in other related financial sector in higher management role.
  • Proven track record of strategic financial leadership, financial planning, and analysis in a complex and dynamic business environment.
  • Strong knowledge of financial principles, regulations, and best practices in the hydro finance industry.
  • Excellent analytical, problem-solving, and decision-making skills.
  • Exceptional professional communication (English & Nepali both written and verbal), insightful leadership, and interpersonal abilities are keys to this position.
  • Ability to work effectively in a fast-paced, challenging environment and drive results.
  • Excellent computing (Word, Excel, and PowerPoint), presentation skill and knowledge of relevant financial software tools are mandatory.

Note: Hydropower/Construction Finance background is preferred, but candidates with a strong finance background and relevant experience in other related sectors will also be considered.

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