Microfinance Bhutan Private limited is pleased to invite application for the post of an Accountant as given below:

Employer	Microfinance Bhutan Private Limited
Position	Accountant
Age limit	30 and below
Office Location	Genyen Lam- SW, Adjacent to FITI Building, Thimphu
Grade	O2
Employment Type	Regular
Basic Pay	25,211.70-693.9-33,538.50
Housing Allowance	20% of Basic Pay
Provident Fund	10% of Basic Pay
Gratuity	Eligible on minimum five years of continuous active service
Other Benefits	As per MBPL SRR, 2024

Key Qualifications and Skills:

• Minimum of Class 12 commerce background with a Diploma in Financial Management;
• At least 2 years of experience in financial accounting, with a strong understanding of accounting software and financial systems, including strongly proficient in TallyPrime software;
• Adaptability to financial and regulatory standards, with a commitment to maintaining high levels of integrity and professionalism;
• Excellent attention to detail and ability to maintain accuracy under pressure; 
• Fluent in Rules on the Income Tax Act of the Kingdom of Bhutan, with prior knowledge of income tax filing procedures; 
• Prior experience in Corporate or Private Limited companies in Bhutan is preferred;
• Knowledge of banking regulations and compliance standards;
• Proficient in Microsoft Excel and other MS Office applications;
• Familiarity with banking regulations and compliance standards;
• Strong analytical, problem-solving, and organizational skills;
• Experience in the banking sector will be considered an advantage; and
• Strong communication skills, both verbal and written.

Selection criteria for shortlisted candidates:

1. Academic achievement 40%
2. Written test score 40%
3. Viva voice 20%

Documents Required:

1. MBPL employment application form. (Available in our website- Downloads)
2. Resume
3. Copies of relevant academic and any other training certificates
4. Copy of valid Bhutanese Citizenship Identity Card
5. Work experience certificate
6. Valid medical fitness certificate of six months validity
7. Security Clearance Certificate
8. Recommendation letter from past employer or organization
9. Royal Audit Clearnce Certificate wherever applicable
10. Any other document and testimonials, as may be applicable to the post

Candidates fulfilling above criteria and documents requirement may submit their relevant documents by February 2, 2025 along with MBPL job application form in pdf form to adminhr@mbpl.bt  or contact 77194044/77194043 during office hours 9:00-17:00.  

Terms of Reference

Reporting to: Finance Officer

Overall, Job Description

The accountant, under the supervision of the Finance Officer, is responsible for maintaining accurate financial records with integrity, supporting budget preparation, managing bank accounts and its transactions, ensuring proper documentation, and overseeing daily accounting functions.

Key Duties and Responsibilities:

1. Maintain accurate records of all daily transactions with integrity and update internal systems;
2. Prepare cheque and ensure proper receipt by the appropriate payee and on time;
3. Track and process all bank deposits and withdrawals of the organization;
4. Ensure accurate Reconciliation of Banks Account and balances regularly to ensure the accuracy of financial records, with proper details and breakdown of transactions;
5. Ensure the timely deposit of TDS to RRCO via RAMIS and other statutory deductions to respective entities;
6. Ensure all transactions are appropriately authorized and documented properly;
7. Track expenses to ensure they remain within the approved budget of the organization and correctly posted to the appropriate accounts, budget lines, and funds, in accordance with the internal policies and accounting standards;
8. Assist Finance Officer with budget preparation and ensure financial transactions align with approved budget lines;
9. Assist Finance Officer during financial audits, ensuring accounting records are verified and all financial documentation is readily filed and available;
10. Maintain proper accountability for all expenditures and ensure supporting documents are obtained for all expenses;
11. Manage and settle all banking matters on behalf of the organization, ensuring smooth operations;
12. Perform the Finance Officer’s duties in his/her absence, with proper guidance from the heads of other divisions or management; and
13. Perform any other tasks as assigned by the management.