Ashok Poudel

Experience

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  Siddhartha Premier Insurance Ltd.

  Nov 2013 - Jul 2017

  Finance Officer

   Produced and reorganized the investment schedule (Rates, maturity date) of over $10 Million USD across various banks and financial institutions as fixed deposits. Prepared a PPT report monitoring the Budget V Actual and presenting it to the management team. Assisted the CFO in the preparation of the financial report. Automated the reconciliation of Bank statements with the General ledger using the MATCH function in MS Excel. Integrated the collection procedure of the head office and branches in coordination with the software vendor improving the efficiency of the employee. Created the consolidated payroll of the head office and branches deducting the mandated tax as per tax authorities. Show less

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  Sayed Kadhem Al Durazi & Sons BSC (c)

  Aug 2017 - Jun 2018

  Chartered Accountant

   Ensured the effectiveness of internal control for the management of financial reports by reviewing the components of the financials. (AP, AR, FAR, Cash, Inventory, reconciliation) Organized the Fixed Asset Register of over and integrated the depreciation schedule increasing the efficiency. (Google Sheets) Verified the BOQ with actual consumption for every job order and reduced the abnormal loss from 6% to 3%. Monitored and directed the year-end physical inventory count in coordination with the auditor. Directed monthly closing entries and reported to the Finance Controller. Show less

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  Kamana Sewa Official

  Sept 2018 - Apr 2019

  Finance and MIS Officer

   Streamlined a daily MIS report with the integration of recorded VBA to the Trial Balance and presented it to the management team.  Implemented a weekly dashboard for the management team using Excel Power Pivot depicting the lending, deposits, profitability, and other key metrics. Projected and monitored the budget of head office and 60 branches along with the monthly PowerPoint presentation depicting the performance of the branches. Conducted data cleansing training using Power Query (MS Excel) revamping the efficiency and effectiveness of the employee reducing the overtime expenses by 28%. Show less

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  Everest Insurance Company Limited

  Apr 2019 - Oct 2021

  Head of Finance and Accounting

   Expedited the preparation of the annual financial report by upgrading the operational procedures and presenting on time to the management team and the board of directors. Drafted and strategized the annual budget of around $15.5 million in sales & revenue and $13 million in expenses incorporating the head office and branches.  Apprised the strategic investment decision and increased the investment income from USD 7.2 Million (2019) to $12.5 Million (2020). Controlled the management expenses and further decreased the administrative expenses by 5% (USD 35,000) by directly coordinating with the suppliers. Modernized the process and the procedure by training and mentoring the staff cutting the outsourced employee expenses by 30% (USD 12000) Managed all financial and management activities for the organization. Spearheaded and managed a team of 15 members and was responsible for all control and operation of the finance and the administration department.  Planned, coordinated, and conducted training for multiple duties eliminating outsourcing costs and minimizing overtime by 35%. (i.e., $5000) Coordinated and assessed the finding of the auditor and further communicate with the management about its effect on the business. Show less

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  Vanguard Services

  Feb 2022 - Aug 2022

  Payroll

   Generated the bi-weekly payroll calculation of the clienteles deducting the relevant FICA, FIT, and Medicare Tax. Resolved payroll discrepancies by collecting and analyzing information after reviewing the posted timesheets. Computed quarterly tax reports (Form 941), including Federal Form 941, and state income tax withholding reports. (Form 940).

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  PCF Insurance Services

  Jul 2022 - now

  Senior Financial Analyst- Corporate FP&A