Saroj Basnet, Fcca Email & Phone Number

Nepal

Kathmandu, Bāgmatī, Nepal

• Develop, implement, review, and update operational policies and procedures across the organization• Establish a business development strategy to generate and expand business• Give regular inputs and conduct meetings with department heads for the operational efficiency of each department and monitor the same• Ensure proper documentation of all types of documents in the organization. Also help in drafting new formats for MOUs, Agreements, compliance letters, and other official documents both in English and Nepali• Ensure the creation and proper implementation of Standard Operating Procedures across all departments• Develop and implement campaigns to achieve growth and hit targets• Identify emerging markets for business expansion (merchants and customers)• Collect feedback from the partner banks and customers to ensure member bank and customer satisfaction • Manage high level internal and external relationships with banks and merchants• Prepare proposals, identify opportunities, and approach issuing/acquiring partners to develop collaborative projects and tie-ups for customer and merchant acquisition and activation.• Work cross-functionally with the brand and marketing team and discuss promotional/marketing strategy and activities.• Prepare and discuss weekly/bi-weekly reports on possible opportunities and progress made with Senior management.• Lead and manage the business, operation and support team for reliable and smooth services.

Kathmandu, Bāgmatī, Nepal

• Reviewed the internal audit procedure to identify loopholes and recommend risk aversion measures• Made an independent assessment of the investments made by UKaid SEP on the active project to ensure value for money• Reviewed financial expenses made under the project by the grantee and provided a fair and independent view to the Challenge Fund Manager and Team Leader• Suggested Challenge Fund Manager and the Internal Auditor the changes required on the existing process and practices based on the independent review.

Lalitpur, Nepal

• Contributed in growth and development of the company by suggesting innovative solutions, and by providingstrategic leadership to the Company• Liaison with Banks and Financial institutions for smooth operational efficiency.• Liaison with national and international payment partner for the onboarding on Fonepay Network and maintaingood relationship for the operation.• Overseen team’s productivity, track and report problems and provided guidance and support to operation and CSD team• Coordinated with the technical team to bring operational efficiencies through innovation and automation.• Developed, implemented and reviewed operational policies and procedures time on time.• Ensured all legal and regulatory documents are filed and monitor compliance with laws and regulations as per NRB guidelines.• Idea pitching and strategy development

Lalitpur, Nepal

• Developed and implemented company policies and regulations.• Overseen all business operations relating to compliance including policies, investments, and procedures.• Designed and monitored control systems to deal with violations of legal rules and internal policies.• Regularly assessed the efficiency of control systems and recommended effective improvements.• Reviewed and evaluated company procedures and reports to identify hidden risks or common issues.• Coordinated with different department managers to review all departmental compliance policies.• Advised senior management and business partners about implementing compliance programs• Reported to management and the Board of Directors on compliance program• Performed periodic audits on company procedures and processes.• Lead employee training sessions on legal and compliance issues.• Supervised compliance officers and team.• Communicated written policies and procedures across the organization• Filed compliance reports with regulatory agencies• Consulted with legal counsel regarding compliance issues• Researched emerging compliance issues

Maharajgunj, Kathmandu

• Performed full audit cycle including due-diligence assessments and risk management on investment partners, and control management over Sakchyam Challenge Fund investment partners’ effectiveness, checked financial reliability and compliance of Sakchyam investment partners’ returns to all applicable directives and regulations to ensure value for money• Worked with Challenge Fund Managers to design and develop the scope of due-diligence assessments, the internal audit and develop quarterly and annual internal audit plans• Assessed the progress made by the investment partners’ compliance with the approval conditions/ remarks given and where necessary suggest the technical interventions needed to ensure value for money• Obtained accounting documentation for analysis and evaluation; this involved random audit checks at premises/branches• Prepared and presented reports that reflect audit’s results and ensured that all processes are documented; creating an effective audit trail• Provided independent advice and objectivity to ensure validity of claims• Identified loopholes in the audit process and recommended risk aversion measures; as well as cost savings to maintain value for money• Maintained open communication with Challenge Fund management and LBG home office staff• Documented the process and prepared memorandum on audit findings • Drafted management letters and conducted follow up audits to monitor recommended interventions• Conducted QA checks on the MIS and investment partners’ reporting systems for the programme funded by UKaid/Sakchyam.• Developed due-diligence, internal audit and value for money framework• Assisted in the development and management of Challenge Fund MIS (Investment Partner Management System) • Audited 48 Partnership Projects and slashed over USD 450K (i.e. 3% of total Grant Fund) ineligible cost that were expensed against the agreement.

Anamnagar, Kathmandu

• Provided significant help and support to senior professionals to review organizations’ internal controls and procedures• Analyzed and evaluated the accuracy of accounting systems and procedures• Reviewed, developed and recommended changes in accounting systems and controls of a business• Checked and inspected the accuracy of accounts receivable and payable ledgers• Prepared and analyzed balance sheets and other related financial statements• Ensured compliance with accepted audit policies and regulations• Identified and evaluated procedures and policies in tax reporting processes• Prepared audit paperwork in accordance with standards and requirements• Timely calculated & deposited TDS and prepared income tax and VAT returns of various clients.• Conducted expense verification of the hydropower development companies for the release of term loan by bank in tranches.

Association Of Chartered Certified Accountant

Higher Secondary Education Board, Science, 11 & 12