Assistant-Accounts & Reconciliation

Basic Job Information

Job Category : General Mgmt. / Administration / Operations
Job Level : Entry-Level
No. of Vacancy/s : [ 1 ]
Employment Type : Full Time
Job Location : Kathmandu
Offered Salary : Not Disclosed
Apply Before(Deadline) : Thursday, 9th January 2025 (25th Poush, 2081)

Job Specification

Education Level : Under Graduate (Bachelor)
Experience Required : More than 1 year

Job Description

Vacancy Announcement: Assistant Accounts & Reconciliation

Himalayan Securities Limited, a wholly owned subsidiary of Himalayan Bank Limited and a Full-Service Brokerage Firm, is seeking applications from dynamic, and self-motivated individuals for the role of Junior Assistant Accounts & Reconciliation.

Designation

Level: Entry- Level
Department: Accounts & Reconciliation
Reports to: In charge-Finance and Administration
Work Location: Himalayan Securities Limited, Corporate Office

Job Responsibilities and Duties

1.     Assisting in the confirmation and affirmation of trade details with counterparties.

2.     Perform monthly bank reconciliations and other account reconciliations (e.g., vendor accounts, customer accounts, general ledger accounts).

3.     Investigate and resolve discrepancies between financial records and bank statements.

4.     Assist in reconciling transactions and ensuring they align with financial records.

5.     Maintain accurate and up-to-date financial records.

6.     Support in preparing reports for internal and external audits.

7.     Ensure that records are kept in accordance with company policy and regulations.

8.     Collaborating with other departments, such as risk management and compliance, to ensure seamless operations.

Core Activities

1.     Regularly reconcile company bank statements with internal financial records to ensure accuracy.

2.     Identify and resolve discrepancies in transactions, ensuring the accuracy of the bank ledger and cash balances.

3.     Organize and maintain files for financial documents, ensuring all records are filed according to company policies and regulatory requirements.

4.     Accurately enter financial transactions into accounting software, including invoices, receipts, payments, and journal entries.

Skills Required

Strong analytical skills.
Strong verbal and written communication skills.
Sound knowledge on regulatory and legal provisions.
Sound knowledge on regulatory and legal provisions.
Strong integrity, innovation, and intuitive skills.
Team Player, Result Oriented, and self-driven with a positive outlook.
Education and Preferred Experience Requirements 

·       +2 Degree Completed and Bachelors’ Degree Ongoing. Preferably Bachelors Degree in Finance, Accounts or Business OR Semi-Qualified Chartered Accountant accredited from ICAN, ICAI, ACCA.

·       1 year’s relevant experience in similar function preferred. 

Salary and Benefits

The Annual Cost to Company (ACTC) for this position will range between NPR 362,000 and NPR 495,000. A successful candidate’s pay may fall within this range, actual pay will be based on the candidates’ qualifications, specific skills, and experience. The Benefits associated with the position are as below:

Allowances: General Allowance, Festive Allowance and Force Leave Allowance.
Insurance: Medical and Accidental Insurance, Life Insurance under Endowment Scheme and Critical Illness Coverage.
Others: Leaves, Retirement Benefits and Bonuses as per Labor Act.

Applying Procedure

Candidates matching the above criteria are encouraged to apply with their CV/Resume and a Cover Letter  by email to [email protected]  with the Subject “Application for Position Applied”.  Canvassing at any stage of the recruitment process will result in automatic disqualification. 

Only  shortlisted candidates shall be notified for further selection process. The deadline for submission of  application is 5:00 PM, Thursday, 9th January 2025 (25th Poush, 2081).