Account Officer

Muktinath Seed Bank Limited is dedicated to promoting sustainable agriculture through the production, distribution, and promotion of high-quality seeds, including hybrid, open-pollinated, and climate-resilient varieties. The company operates across Nepal, building farmer networks with eco-friendly farming practices.

Reports to: Operational Manager / Operational head

Scope of Work / Duties and Responsibilities

a. Financial Record-Keeping

• Record and maintain accurate financial transactions, including sales, purchases, payroll, and operational expenses.
• Manage accounts payable and receivable, ensuring timely payments to vendors and collections from clients.
• Prepare and maintain general ledgers, journals, and supporting documentation in accordance with standard accounting principles.
• Responsible to execute through SAP software operation.

b. Budgeting and Financial Planning

• Assist in developing annual budgets and financial projections for seed production, sales, and research activities.
• Track budget utilization, monitor expenditures, and report deviations to the operational head.
• Conduct cost analyses to support pricing decisions and operational improvements.

c. Financial Reporting

• Prepare monthly, quarterly, and annual financial statements, including profit and loss statements, balance sheets, and cash flow reports.
• Provide timely financial reports to the operational head and senior management to inform strategic planning.
• Facilitate external audits by preparing required documentation and coordinating with auditors.

d. Compliance and Taxation

• Ensure adherence to Nepal’s financial regulations, tax laws, and accounting standards.
• Prepare and file tax returns, including VAT, income tax, and other applicable taxes, in coordination with relevant authorities.
• Maintain audit-ready records and ensure compliance during regulatory inspections.