Narayan Bhandari

• Review costing structures for fee for service and funding
  models
• Review accounting codes and create ledger designed for an
  RTO
• Supervise the maintain the general ledger and prepare
  departmental/ divisional and operating and financial statements
• Review invoicing processes and develop a system that ensures greater management control of cash and accruals
• Prepare monthly cost statements for each revenue stream:
• Capitalisation of IP
• Develop accurate forecast and tracking model for direct debit
  payments
• Establish cashflow forecasts and manage cashflow across all
  revenue streams
• Oversee maintenance of the accounts payable and receivable
  ledgers and as required, supervise banking and cashiering
  activities
• Review cash to claims reconciliation for government acquittals
• Oversee debt collection process with D&B and manage referral outcomes monthly
• Prepare budgets, forecasts, and variance analysis of monthly
  reporting against budget
• Prepare and disseminate specific reports in line with KPI’s
• Develop payroll system and conduct transactions on a
  fortnightly basis
• Update and implement Financial Policy and Procedure with
  input and involvement across a broad range of policies that
  have financial implication
• Maintain prepayments and accruals including bank guarantee
  accounts
• Ensure bank reconciliations and cash forecasting is completed
• Management of external advisers – tax and audit

-Preparing and analysing financial statements, accounting records.
-Preparing and presenting financial reports including P&L, Balance sheet, operating results, and cash flow forecast to management for better decision making.
-Evaluating and supporting development forecasts, budgets and operational targets and preparing in-depth analysis on any variances against budgets.
-Preparing monthly projections of sales and analysing them with the current sales reports.
-Providing an accurate and timely financial report to the business in line with Australian accounting standards and statutory requirements
-Creating a chart of accounts and ensuring that the company complies with all record-keeping and accounting regulations set by ATO.
-From time to time maintain and implementing internal controls in the business and review their effectiveness on a regular basis throughout.
-Liaising with operational staff in relation to administrative and reviewing work by bookkeepers and providing training and support, as required.
-Providing assurance about the accuracy of data presented to governing bodies.
-Analysing business’s year-end financial reports (profit and loss statement/balance sheet) and advising management on tax-related matters, such as tax benefits, tax planning, and tax issues on the sale or purchase of business or property when requested.
-Managing payroll & all payroll liabilities including PAYG, Superannuation and the fixed asset register including disposals and depreciation schedules.
-Tracking fixed assets
-Liaising with the Australian Taxation Office (ATO) and other associated regulatory bodies when required by the respective authorities and regularly reviewing taxation systems and controls to ensure regulatory compliance.
Collaborating on internal and external audits.
-Preparing and analysing financial and operational budgets conducting risk assessments regularly and providing timely reports to the management recommendations.

• Preparation of Individual Tax Returns Using XERO,
• Book Keeping Using XERO, Bank Reconciliation.
• Payroll processing for the employees of the various companies
• GST Comparison and Reconciliation.
• Tax Planning for Individuals, Sole Traders and Companies.
• BAS Preparation for Sole Traders, Companies etc.
• ASIC compliances for companies.

- Preparation of Individual Tax Returns Using XERO, Tax Assistant, HandiTax

- Book Keeping Using TAX Assistant Software, Bank Reconciliation.

- GST Comparison and Reconciliation.

- Book Keeping Using Xero Software.

- Tax Planning for Individuals, Sole Traders and Companies.

- BAS Preparation for Sole Traders, Companies etc.

- Preparation of Individual Tax Returns Using XERO, HandiTax

- Book Keeping Using XERO, MYOB.

- GST Reconciliation, Bank Reconciliation

- Tax Planning for Individuals, Sole Traders and Companies.

- BAS Preparation for Sole Traders, Companies etc.

• Provided managerial oversight for all Financial and Accounting activities and reported company's annual and strategic progress to leadership staff and Board of Directors.
• Lead treasury related activities such as: capital raising; debt or equity management; cash management; and treasury investment.
• Controlled the flow of cash and maintained integrity of funds, securities, and other documents.
• Produced periodic financial reports & statements (in compliance with International Financial Reporting Standards) and enhance accuracy of company's reported financial results.
• Created annual budget, forecasts, and calculate variances from budget. -Developed, monitored, and documented the chart of accounts, set of transaction controls, policies, & procedures.
• Managed accounts receivable, made prompt collections, process payroll, and completed periodic bank reconciliations.
• Handled the claims settlement as per the insurance regulation act on timely basis for the policy holders.
• Prepared the financial statements for Actuarial Valuation for three years period and have them approved by the Valuation Team.

• Conducted business modelling for production lines resulting in recommendations to expand profitable ones while trying to cut cost for highly competitive lines.
• Preparing the Master Budget and monitoring variances between actual results and budgeted amounts, analyzing the reasons of which, and advising management on the proper changes to be made.
• Determined price ranges for new products and revised prices for existing products for outside customers and for sister companies based on contribution margin approach and utilization percentages of different manufacturing lines.
• Dealt with financial institutions for credit extensions and the compliance of existing credit facilities.
• Preparation of Financial Statements.
• Costing of the products and Preparing Bill of Materials. ∙ Capital budgeting for the new projects/investments.
• Liaison with the banks for financial arrangements.
• Management of the net working capital.
• Monthly reports to the directors.
• Filing of the Excise and VAT returns.
• Co-ordination with the statutory auditors and internal auditors.

• Addressed problems with accounting, billing, and service delivery to maintain and enhance client satisfaction.
• Built and strengthened long-lasting client relationships based on accurate price quotes and customer-centric terms.
• Developed and implemented strategies to increase client retention.
• Oversaw new business development to generate sales leads, negotiate client pricing and forecast revenue.
• Liaised with marketing and sales teams to develop targeted campaigns.
• Negotiated prices for products and freights to reduce cost of acquisition by achieving lower price.
• Negotiated prices, terms of sales and service agreements.
• Attended monthly sales meetings and quarterly sales trainings.