Manager Audit & Cost Control
Bin Arbaid Holding
Total des années d'expérience :16 years, 2 Mois
• Crafted an Authority Matrix to streamline the approval process, leveraging collaboration with the IT Department to automate management approvals. This automated system eliminated delays previously encountered with manual approvals, ensuring seamless operations for the team and eliminating any associated losses due to delayed approvals.
• Implemented Key Performance Indicator (KPI) measurements for the entire group and proposed integrating them with employee incentives to inspire and incentivize staff to enhance operational and financial excellence. Developed an online KPI submission and reporting system to facilitate seamless monitoring and review of progress.
• Revamped the fixed assets management process by implementing coding and tagging for all assets, and subsequently optimized the fixed asset register by eliminating entries for non-existing assets.
• Introduced a labor productivity measurement system to pinpoint productivity gaps and correlate them with specific projects, resulting in enhanced project profitability.
• Formulated and crafted the risk control matrix to comprehensively identify and manage potential risks within the organization.
• Created & mentored the cost control team; and implemented cost control measures, resulting in improved financial performance. Calculated and monitored overhead costs for different business units, identifying cost drivers and optimizing expenses.
• Regularly calculated & revised the breakeven points and price list for various business units to ensure the maximization of division profitability.
• Carefully scrutinized essential financial documents, such as payment authorizations, purchase orders, payroll, and project cost estimations, and provided advice for approval.
• Managed and analyzed project costs, ensuring compliance with budgetary constraints.
• Maintained detailed profitability statements for ongoing projects, tracking revenue, costs, and profit.
• Designed interactive dashboards and reports using tools like Excel and Tableau, enhancing data comprehension and decision-making.
• Evaluated the effectiveness of internal controls to safeguard assets, ensured compliance with policies and procedures, and mitigated risks.
• Conducted in-depth financial analysis to support decision-making, ensuring compliance with regulatory requirements.
• Evaluated investment opportunities and potential acquisition targets, providing strategic recommendations.
• Developed complex financial models to support business valuations and investment decisions.
• Implemented the internal controls including the physical, system, manual, and management controls for the business units.
‘Kanjirowa & Associates’ is an independently owned and managed professional firm, that provides the highest quality financial, tax advisory; accounting; bookkeeping; and training to its clients.
• Governed the preparation and submission of accurate and timely financial reports, ensuring compliance with international accounting standards and regulatory requirements.
• Conducted feasibility studies, providing critical insights for strategic decision-making. Developed comprehensive business plans outlining financial projections and strategic initiatives.
‘The British College’ is one of the leading colleges for management and ACCA. It is a Gold-approved learning partner and a licensed computer-based Exam center of ACCA, UK.
● Consistently grew business by exceeding the target from ACCA, UK, and management each semester by enrolling new students and achieving global pass rates.
● Maintained budget and ensured the required profitability from the program was achieved for each intake.
● Organized educational seminars and workshops.
● Managed communications through media relations, social media, etc.
● Advised CEO & Chairman concerning planning and operational issues.
● Provided counseling to faculty, staff, students, and parents.
● Maintained necessary records to maintain the ‘gold status’ of the ACCA program.
● Developed an internship program and worked as a mediator between the employers
and the students.
‘Chaudhary Group’ is a leading conglomerate headquartered in Nepal its regional offices in Dubai, Singapore, and various other parts of the world. The Group is diversified into FMCG, Financial Services, Education, Infrastructure, Hydro Power, Cement etc.
• Streamlined financial reporting processes, reducing cycle time and enhancing transparency. Conducted monthly comparisons of standard costs and profitability against actual results, reporting findings to higher management.
• Established optimal stock levels to ensure the adequacy of inventory for production while minimizing stock-outs and effectively managing working capital.
• Discovered cases of misappropriation, which, upon investigation and corrective measures, contributed to the preservation of company assets, resulting in significant savings of NPR 1 million.
● Prepared the department budget and resource plan, with periodical monitoring.
• Created and executed comprehensive audit plans based on risk assessment, regulatory requirements, and organizational objectives.
• Lead audit engagements, ensuring thorough examination of financial records, operational processes, and internal controls.
• Identified and assessed risks within the organization's operations, processes, and systems; and developed strategies to mitigate these risks effectively.
• Developed comprehensive Standard Operating Procedures (SOPs) for diverse processes and ensured their successful implementation to drive process improvements.
● Planned, Studied, and collected data to determine costs of business activity such as raw material purchases, inventory, and labor for manufacturing and factory operations.
● Analyzed actual manufacturing costs and prepared periodic reports comparing standard costs to actual production costs.
● Provided financial decision support on capital spending, working capital management, and overall business improvement efforts to operations and commercial teams.
● Managed teams and provided on-the-job training.
JBRH & Co. is one of the leading chartered accountancy firms providing audit, tax, and advisory services to medium and large corporations in Nepal.
●Reviewed the existing accounting systems of clients and recommended improvements
●Conducted field work related to financial, operational, and compliance audits and any consulting jobs requested by the Audit Partner
●Scrutinized Trial Balance to identify unusual trends and variances
●Assessed internal controls and provided proper recommendations, to improve internal control weaknesses
●Execute audit engagements efficiently and effectively, and ensure all assigned tasks and jobs are completed timely and within budget
●Developed working papers evidencing the performance of all audit work
●Prepared draft audit reports with observations and relevant recommendations
●Designed the audit programs
●Managed teams in audit assignments and allocated tasks to team members
●Developed professional relationships with the clients
