Sital Chand

Experience

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  Virmani and Associates

  Apr 2016 - Feb 2017

  Articled Trainee

  • Statutory Audit of Public Companies• Tax Audit & Limited Reviews of Listed Companies• Audit of Statutory Compliances, timely and appropriate Return Submission and Payment of Statutory Dues and Duties• Preparation of Fixed Assets Register and Capitalization of newly established Hospitality Business.

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  JRA & Associates

  Mar 2017 - Apr 2018

  Articled Trainee

  • Internal Audit Engagements and preparation of Audit Report along with management comments and recommendations as an auditor.• Preparation & Review of Standard Operating Procedures (SOP) for Finance Controls.• Performed analytical review of Financial Statements, Risk Control Matrices (RCM) and evaluation of Internal Control (IC) System.• End to End Business Scenarios: Procurement to Pay, Order to Cash• Identification of Risk Aspects in Control of Dealerships of 2 and 4-Wheeler Vehicles. Show less

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  Credit Suisse

  Apr 2018 - Apr 2019

  Industrial Trainee

  • Worked for Ind AS Transition and Ind AS Compliance Statement associated with Ind AS-101• Coordinated with the auditors, regulators and other teams in relation with Statutory Audit and Indirect Taxes Audit• Closure of software export cases from mark-up, Softex Laws, Export Data Processing & Monitoring System and other Export Regulation Procedures• Performed Business As-Usual Tasks (Monthly & Quarterly) as Financial Reporting, Governance Packs & Board Packs

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  Baker Tilly (Dev Associates, Chartered Accountants)

  Feb 2020 - Apr 2021

  Audit Manager

  • Managing audit works of various clients as a team leader, managing works of associates simultaneously training them.• Performing Donor and Partner Audit Assignments for INGO• Performing Due Diligence Audit for acquisition of Medical College & Teaching Hospital• Identifying Risk Associated and preparation of Risk Control Matrix

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  National Life Insurance Company Limited

  Apr 2021 - Jan 2024

  • Preparing (and Assisting) of Financial Statements, Annual Reports and Quarterly Financials.• Implementing NFRS adjustments in GAAP based Books of Accounts.• Assisting in preparation of Budgets and Budgetary Reviews.• Filing of Annual Tax Returns & Monthly TDS Returns, Making Payments of Income Tax, TDS & VAT Liabilities.• Liaisoning in Annual Tax Assessment with Large Taxpayers' Office.• Reporting Periodic and Ad-hoc Responsibilities to Nepal Insurance Authority, and Other Compliance Functions.• Supervising Books of Accounts and work of Account Department’s staffs.• Liaisoning with Statutory Auditors, Independent Internal Auditors, Regulators and Other Departments.• Reviewing and Performing Control Functions of Periodic Bank Reconciliations, Fixed Assets Monitoring and Verifications, and Other Cash Controls. Show less • Acting as the Secretary to the Board’s Internal Audit Committee• Developing of “Audit Scores” program for effective Branch Management.• Evaluating design and effectiveness of Compliance Function and Internal Controls.• Monitoring more than 100 branches, conducting audit of branches within Valley and gathering all the reports of department members.• Monitoring all departments like Underwriting, Agency, Accounts, Claim, Human Resource, etc.• Investigating occurrences of fraud, embezzlement, theft, waste and recommend controls to prevent or detect such events. Show less

  • Finance Deputy

    Nov 2021 - Jan 2024

  • Head of Internal Audit Department

    Apr 2021 - Oct 2021
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  Gurukul CA

  Nov 2021 - Oct 2022

  Adjunct Faculty
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  Himalayan Everest Insurance

  Feb 2024 - Nov 2024

  Deputy Manager, Finance

  • Preparing (and Assisting) of Financial Statements, Annual Reports and Quarterly Financials.• Reporting Periodic and Ad-hoc Responsibilities to Nepal Insurance Authority, and Other Compliance Functions.• Liaisoning in Annual Tax Assessment (current and significantly historic) with Large and Medium-level Taxpayers' Office, along with ensuring International Tax Compliance Functions for receiving Reinsurance payments.• Supervising Books of Accounts and work of Account Department’s staffs.• Assisting in preparation of Budgets and Budgetary Reviews.• Liaisoning with Statutory Auditors, Independent Internal Auditors, Due Diligence Auditors, Regulators and Other Departments.• Assisting Risk and Compliance Departments for various ERM Framework, ORSA, RBC and AML/CFT Functions.• Reviewing and Performing Control Functions of Periodic Bank Reconciliations, Fixed Assets Monitoring and Verifications, and Other Cash Controls.• Consolidating and synchronizing an outdated dataset of fixed assets, organizing PV and finalizing comprehensive reports to ensure accurate fixed asset status.• Preparing (and Assisting) manuals and SOPs for departmental and cross-departmental functions. Show less

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  Nepal Rastra Bank

  Nov 2024 - now

  Assistant Director (Central Banker)