Summary
Overview
Work History
Education
Skills
Personal Information
Training
Career Aim
Timeline
Generic
Deepak Pyakurel

Deepak Pyakurel

Chartered Accountant
Elgin,MRY

Summary

Finance professional with comprehensive background in accounting, ready to contribute to financial management and reporting. Known for accuracy in financial record-keeping and proficiency in auditing and tax preparation. Reliable team collaborator with focus on achieving financial accuracy and supporting dynamic business needs through analytical problem-solving and effective communication.

Overview

19
19
years of professional experience
3
3
Languages
4012
4012
years of post-secondary education

Work History

Accountant

Suprav Ltd
08.2023 - Current
  • Set up and customised accounting systems based on operational needs, including successful implementation of Sage 50 Accounts and QuickBooks.
  • Developed and introduced a manual cash handling and tracking process, enhancing cash flow visibility and internal controls.
  • Rolled out Sage 50 Payroll to manage payroll processing efficiently and meet UK statutory compliance requirements.
  • Compiled and submitted VAT returns to HMRC, ensuring accurate and timely filings in line with current VAT legislation.
  • Supported the preparation of financial statements under FRS 102, providing draft accounts for review by external accountants.
  • Collected and reported monthly expense variances and explanations.
  • Implemented new accounting software, leading to more efficient financial data management and reporting.
  • Streamlined monthly financial reporting processes, significantly reducing time required for report generation and analysis.
  • Conducted detailed cost-benefit analyses for proposed projects, guiding senior management in making informed investment decisions.
  • Contributed to enhanced revenue growth by analyzing revenue streams and identifying underperforming areas.
  • Supported strategic decision-making by providing accurate and timely financial reports to executive management.
  • Enhanced financial accuracy by meticulously reconciling bank statements and financial records monthly.
  • Ensured accurate and timely payroll processing for over 100 employees, maintaining employee satisfaction and compliance with labor laws.
  • Reduced financial risks by implementing robust internal controls and monitoring mechanisms.
  • Enhanced financial decision-making capabilities by providing timely, accurate information to management through regular performance reports.
  • Assisted in reducing outstanding accounts receivable balances by diligently following up on overdue invoices.
  • Improved financial reporting accuracy through meticulous data analysis and reconciliation efforts.
  • Used advanced software to prepare documents, reports, and presentations.
  • Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating, and cash, and banking reconciliations.
  • Gathered financial information, prepared documents, and closed books.
  • Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
  • Detected and corrected mistakes early on and implemented systems to avoid recurring issues.

Proprietor

Pyakurel & Associates, Chartered Accountants
08.2013 - Current
  • Prepared financial statements for hydropower companies and cooperatives in compliance with IFRS.
  • Performed statutory audits across sectors including energy, trading, manufacturing, hospitality, cooperatives, and development.
  • Conducted internal audits for energy companies and cooperatives, identifying internal control weaknesses and recommending improvements.
  • · Delivered tax audits for financial institutions, cooperatives, and commercial businesses, ensuring compliance with local tax laws.
  • Provided accounting consultancy to foreign permanent establishments, development sector organisations, and trading entities.
  • Developed financial policies, internal control procedures, and supported implementation to improve governance and reporting.
  • Created detailed business plans, financial projections, and feasibility reports for new and existing projects.
  • Conducted financial reviews and project audits funded by international donors and financial institutions.
  • Maintained full accounting records and ensured proper classification and reconciliation in line with applicable standards.
  • Prepared and filed tax returns, and represented clients before the Inland Revenue Department during audits and assessments.
  • Planned and managed audit engagements, supervised staff, and ensured timely completion of assignments.
  • Conducted risk assessments and evaluated the design and effectiveness of internal control systems.
  • Ensured audit reports were clear, actionable, and aligned with national and international accounting standards.
  • Mentored staff members, fostering professional development and enhancing overall team performance.
  • Increased customer satisfaction by providing personalized service and addressing clients'' needs.
  • Developed a loyal client base by consistently delivering exceptional service and cultivating long-term relationships.
  • Reduced employee turnover rate by creating a positive work environment and implementing comprehensive training programs.

Chief - Finance Section

Youth and Small Entrepreneur Self Employment Fund Secretariat
09.2012 - 07.2013
  • Successfully implemented accounting system in finance department and prepared financial statements for external auditor.
  • Assisted in system requirement analysis of the organization.
  • Acted as focal person for external audit by Office of Auditor General of Nepal.
  • Conducted financial statement analysis of cooperatives seeking loan from the fund.
  • Performed treasury functions related to fund management placed in about 200 banks all over Nepal.
  • Conducted training program to youths seeking loan from partner cooperatives.
  • Monitored and supervised about 15 cooperatives after disbursement of loan.
  • Trained employees for conducting financial statement analysis of cooperatives.
  • Assisted in preparing agreement paper for loan disbursement to cooperatives.
  • Successfully entered into agreement and disbursed loan to more than five hundred cooperatives throughout Nepal within two month.
  • Monitored and supervised the loanee cooperatives in various parts of Nepal.

Consultant Accountant

Rara Hydropower Development Company Pvt. Ltd.
08.2010 - 03.2012
  • Performed accounting functions of the company.
  • Assisted in the development and implementation of goals, policies, priorities, and procedures relating to financial management, budget, accounting, and/or payroll.
  • Supervised and participated in the preparation of various financial statements and reports.
  • Directed the installation and maintenance of accounting records to show receipts and expenditures.
  • Directed the maintenance of general and subsidiary ledgers, accounts receivable, revenue distribution, depreciation, cost, property, and operating expenses, and insurance records.
  • Directed and participated in cost analysis.
  • Directed the installation and maintenance of new accounting, timekeeping, payroll, inventory, property, and other related procedures and controls.
  • Established system controls for new financial systems and developed procedures to improve existing systems.

Articled Trainee

Mangat Rai Garg & Company
12.2008 - 08.2010
  • Company Overview: Chartered Accountants, Delhi
  • Learned and prepared income tax returns and conducted tax and statutory audits.
  • Verified documentation and computation of tax obligation.
  • Investigated potential miscalculation or deliberate fraud.
  • Reviewed balance sheets accounting records and profit and loss statements.
  • Ensured constantly evolving tax laws were adhered to at all times.
  • Chartered Accountants, Delhi

Articled Trainee

Awatar & Co.
02.2006 - 11.2008
  • Company Overview: Chartered Accountants, New Delhi
  • Learned and conducted internal audits of hydropower companies, cement manufacturing company and banks.
  • Observed, analyzed, and reported operational and management processes.
  • Prepared audit reports for non-compliance and internal control weaknesses.
  • Reviewed, created and implemented audit review procedures.
  • Presented audit results and recommendations to the principal of our firm which was finally presented to the management.
  • Chartered Accountants, New Delhi

Education

Trying For Membership -

Institute of Chartered Accountant of England And Wales
01.2024 - Current

Fellow Chartered Accountant -

Institute of Chartered Accountants of Nepal
Kathmandu
05.2012 - 11.2012

Chartered Accountant -

Institute of Chartered Accountants of India
Delhi
01.2007 - 11.2011

Bachelor in Business Studies -

Tribhuvan University
Nepal
12.2008 - 10.2011

10 plus 2 (science) -

Higher Secondary Education Board
01-2002

SLC -

SLC Board, Nepal
05-2000

Skills

Ability to work with team

Personal Information

  • Date of Birth: 05/11/84
  • Nationality: Nepali
  • Marital Status: Married
  • Religion: Hindu

Training

  • 100 Hrs. Information Technology Training from the Institute of Chartered Accountants of India
  • Practical Training in Information System Audit organized by Institute of Chartered Accountants of Nepal
  • General Management and Communication Skills Training from the Institute of Chartered Accountants of India

Career Aim

To pursue a challenging & rewarding career in the field of Accounting, Taxation, Audit and Finance.

Timeline

Trying For Membership -

Institute of Chartered Accountant of England And Wales
01.2024 - Current

Accountant

Suprav Ltd
08.2023 - Current

Proprietor

Pyakurel & Associates, Chartered Accountants
08.2013 - Current

Chief - Finance Section

Youth and Small Entrepreneur Self Employment Fund Secretariat
09.2012 - 07.2013

Fellow Chartered Accountant -

Institute of Chartered Accountants of Nepal
05.2012 - 11.2012

Consultant Accountant

Rara Hydropower Development Company Pvt. Ltd.
08.2010 - 03.2012

Bachelor in Business Studies -

Tribhuvan University
12.2008 - 10.2011

Articled Trainee

Mangat Rai Garg & Company
12.2008 - 08.2010

Chartered Accountant -

Institute of Chartered Accountants of India
01.2007 - 11.2011

Articled Trainee

Awatar & Co.
02.2006 - 11.2008

10 plus 2 (science) -

Higher Secondary Education Board

SLC -

SLC Board, Nepal

Similar Profiles

CREATE PROFILE
Deepak PyakurelChartered Accountant