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Vacancy for a Finance Officer

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Microfinance Bhutan Private Limited is pleased to announce the vacancy for a finance officer.

Tags: officer finance
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Microfinance Bhutan Private limited is pleased to invite application for the following positions:

1. Finance Officer

Employer Microfinance Bhutan Private Limited
Position Finance Officer
Office Location Genyen Lam- SW, Adjacent to FITI Building, Thimphu
Grade S1 or M3
Employment Type Regular
Basic Pay 39,484/- monthly or negotiable based on experience
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

 

Terms of Reference

Reporting to: GM/ Chief Executive Officer
1.Job Purpose:
The Finance Officer is responsible for overseeing the financial operations of the microfinance bank, ensuring the compliance with all relevant regulations, and contributing to the overall financial stability of the organization.

2. Key Responsibilities:

I. Financial Management:
• Prepare and analyze financial statements, including income statements, balance sheets, and cash flow statements as per the RMA & BAS requirements.
• Oversee the budgeting process and ensure that expenses are aligned with approved budgets.
• Monitor financial performance and identify areas for improvement.
• Develop and maintain financial manual in line to the policy of the company and in compliance with RMA regulations and Company’s Act of Bhutan.

II. Accounting & Reporting:
• Ensure accurate and timely recording of financial transactions.
• Prepare and submit required financial reports to regulatory authorities and other stakeholders.
• Maintain proper accounting records and documentation

III. Financial Analysis:
• Conduct financial analysis to assess the financial health of the bank and identify trends.
• Prepare financial projections and forecasts.
• Provide financial advice and recommendations to the management

IV. Compliance:
• Ensure compliance with all RMA financial regulations and Bhutan Accounting Standards.
• Monitor regulatory changes and implement necessary adjustments.

V. Internal Controls:
• Develop and maintain internal controls to safeguard the bank’s assets and prevent fraud.
• Conduct regular internal audits to assess the effectiveness of internal controls.

VI. Team Management:
• Lead and manage the finance team, providing guidance and support.
• Recruit, train, and develop finance staff
• Apprise the CEO/GM on all matters of significance
• Any other important task assigned by management

3. Key Qualifications and Skills:
• Minimum of B.com (Majored in Accounts or Finance);
• At least 3 years of experience in related field,
• Strong knowledge on 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;

• Knowledge and familiarity of banking regulations, CBS, BAS and compliance standards will be given preference;
• Proficient in Microsoft Excel and other MS Office applications;
• 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.

Documents Required:

• MBPL employment application form. (Available in our website- Downloads)
• Resume
• Copies of relevant academic and any other training certificates
• Copy of valid Bhutanese Citizenship Identity Card
• Work experience certificate wherever applicable
• Valid medical fitness certificate of six months validity
• Security Clearance Certificate
• Royal Audit Clearnce Certificate wherever applicable
• Any other document and testimonials, as may be applicable to the post

Candidates fulfilling above criteria are requested to submit their relevant documents latest by March 25, 2026 in one pdf file not exceeding 10 MB to recruits@mbpl.bt.

Note: An application that is not accompanied by any of the mandatory documents as specified
above, whether in part or whole and not clearly scanned, shall be rejected without citing any
reason thereof.

Vacancy Details

Salary : Nu. 39,484
Employment Type : Regular
Job Sector : Accounting, banking and financing
Last Submission Date : Mar 25, 2026 17:00

Contact Details

recruits@mbpl.bt

Microfinance Bhutan Private Limited is pleased to announce the vacancy for a finance officer.

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Contact Details

recruits@mbpl.bt

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