Finance Specialist – Compliance and & Payroll

Finance Specialist – Compliance and & Payroll

Job Location: Kusunti, KC Tower, Lalitpur, Nepal
With over 70 years of experience, our focus is on helping the most vulnerable children overcome poverty and experience fullness of life. We help children of all backgrounds, even in the most dangerous places, inspired by our Christian faith.
Come join our 33,000+ staff working in nearly 100 countries and share the joy of transforming vulnerable children’s life stories!

Key Responsibilities:

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

Tagged as: Finance Specialist, Lalitpur, NGO INGO, World Vision