Bhanubhakta Paudel
Oran Park
Summary
Dynamic accounting professional with a proven track record at Southern Cross Truck Rental, excelling in financial analysis and stakeholder management. Spearheaded initiatives that boosted fleet utilization from 45% to over 75%, showcasing strong problem-solving skills and a commitment to process improvement. Adept at ensuring regulatory compliance and driving operational efficiency.
Overview
18
18
years of professional experience
Work History
Asst. Accountant
Southern Cross Truck Rental Pty Ltd
Smeaton Grange
05.2024 - Current
- Prepare precise financial statements and manage the month-end procedures
- Oversee the preparation and review of Profit and Loss statements to evaluate company performance.
- Update and monitor cashflow reports to ensure accurate forecasting and financial stability.
- Manage payroll processing, ensuring compliance with awards, taxes, and superannuation.
- Prepare and lodge statutory reporting such as BAS, PAYG and payroll tax in compliance with regulations.
- Ensuring accurate and timely invoicing, monitoring and collecting customer payments, reconciling discrepancies & resolving payment disputes.
- Manage vendor payments, and prepare accounts payable reports.
- Ensure the balance sheet is accurate and up-to-date through regular review and reconciliations.
- Prepare budget and forecast
- Support audits, financial analysis, and other ad hoc accounting tasks as needed.
- Commenced section-by-section profitability analysis of the entire rental fleet and gave management input on capital planning. This aids management in getting rid of fleet that isn't profitable and causing losses and investing in fleet that moves quickly. Over the course of last five months, the fleet utilisation percentage rose from 45% to over 75%.
- Micro Cash flow Analysis was initiated, in order to forecast cash flow and that helps in controlling the operating costs.
Senior Audit Associate
K.P.R. Associates
Kathmandu
02.2018 - 11.2022
- Performing the full audit cycle including risk identification and assessment, risk management and control management over operations effectiveness, financial reliability and compliance with all applicable directives and regulations.
- Assist in establishing audit objectives, scope, processes, methodologies and developing annual plans.
- Obtaining, analysing, and evaluating accounting documentation, reports, data, and flowcharts. Ensure adequate documentation to substantiate all audit-related issues.
- Verification of receipts, payments, and credit files.
- Communicate and discuss the audit findings with management at the end of audit fieldwork. Conduct follow-up activities to make sure audit findings are resolved.
- Preparation of Financial Statements, Financial Projections and Budgets.
- Return filling of Income Tax, VAT, and GST. Assisting in Tax planning and tax management.
- Worked with an enthusiastic and dedicated Audit team and Involved in the Internal Auditing of a Leading Manufacturing Company in Nepal. Provided reports to the client on Cost minimization, Purchase plan, Stock and store Management, variance in Bill of Material and actual consumption, & other internal systems & processes after reviewing policies, systems, and records. Completed the risk-based internal audit of the company resulting in 20% cost savings for my client.
- Developed much-needed Assets control and repair maintenance policy and procedure.
Plant Accountant
Laxmi Group (Sujal Foods Pvt. Ltd.)
Pokhara
12.2015 - 06.2017
- Preparation and implementation of Internal control Policies regarding the production process, wastage minimization, Cost control and RM/PM Stock Management.
- Account reconciliations such as Bank & Credit card reconciliation, inventory control, clearing, billings etc.
- Reconciling payments to ensure the accounting system reflects the correct transactions.
- Invoice and Payment processing.
- Costing of Factory Purchase.
- Maintenance of Books of Accounts, including Account receivable and payable accounting and payroll processing.
- Preparation and analysis of Annual Budget and KPI Reports.
- Analysis of company profitability and preparation of BOM and Variance analysis.
- Preparation of Cash flow and payment schedules and coordination with inter-department.
- There were six separate production lines, therefore we began costing each production unit by line. As a result, we were able to do a profitability study on each production unit and deliver a report to management for evaluation once a month.
- Implemented safety stock and just-in-time delivery of fast-moving items, reducing production halts by up to 1%. Furthermore, the optimal time of labor has been considerably shortened.
Accountant
Enlightened International Academy (EIA) Private Limited
02.2012 - 11.2015
Audit Trainee
DCG & Co
09.2007 - 03.2011
Education
CPA Australia -
CPA
Australia01.2024
Masters in Business Studies (MBS) -
Tribhuvan University
01.2020
CA Final – 1st Group -
Institute of Chartered Accountants of India (ICAI)
11.2015
Bachelor in Business Studies (BBS) -
Tribhuvan University
02.2011
Skills
- Stakeholder Management
- Collaboration
- Risk Identification
- Process Improvement
- Attention to Detail
- Time Management
- Team Orientation
- Problem Solving
- Quick Learning
- Motivation
- Interpersonal Communication
- Written Communication
- Audit
- Assurance
- Financial analysis
- Budget preparation
- Payroll administration
- Regulatory compliance
- Internal auditing
- Cost control
- Effective communication
- Problem solving
- Accounting management assessment
- Business operations and forecasting
- Critical thinking and analysis
- Cash flow management
Training And Development
- Received the “Best Employee Award 2021” from K.P.R. Associates.
- Pursuing Income Tax Course (ITC) from H&R Block, Australia.
- Enrolled in CPA, Australia.
- Successfully skill Assessed as an Internal Auditor from Vetasses.
- General Management and Communication Skills (GMCS) training conducted by ICAI, India.
- Information Technology Training (ITT) course from ICAI, India.
- Excellent knowledge of MS Word, MS Excel, PowerPoint, and MS Access.
- Working Knowledge of XERO, SAP, TALLY, FINACLE, FINPRO, SWASTIKA, MASSPRO.
Timeline
Asst. Accountant
Southern Cross Truck Rental Pty Ltd
05.2024 - Current
Senior Audit Associate
K.P.R. Associates
02.2018 - 11.2022
Plant Accountant
Laxmi Group (Sujal Foods Pvt. Ltd.)
12.2015 - 06.2017
Accountant
Enlightened International Academy (EIA) Private Limited
02.2012 - 11.2015
Audit Trainee
DCG & Co
09.2007 - 03.2011
CPA Australia -
CPA
Masters in Business Studies (MBS) -
Tribhuvan University
CA Final – 1st Group -
Institute of Chartered Accountants of India (ICAI)
Bachelor in Business Studies (BBS) -
Tribhuvan University
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