David Koirala, MBA, PMP

Director of Finance at Red Gate Group
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Location
Fairfax County, Virginia, United States, US

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Experience

    • United States
    • Business Consulting and Services
    • 1 - 100 Employee
    • Director of Finance
      • 2017 - 2023

      Chantilly, VA Established in 2006, Red Gate Group is a certified Service-Disabled Veteran-Owned Small Business (SDVOSB), the company’s core capabilities are advanced analytical services, organizational transformation, solutions integration, and technical services.  Directed the Accounting and Finance of the company including Controllership, Business Operations, Decision Support, Financial Planning & Analysis, and Treasury Management,  Directed and sponsored CMMI for Services Level 3 Appraisal and… Show more Established in 2006, Red Gate Group is a certified Service-Disabled Veteran-Owned Small Business (SDVOSB), the company’s core capabilities are advanced analytical services, organizational transformation, solutions integration, and technical services.  Directed the Accounting and Finance of the company including Controllership, Business Operations, Decision Support, Financial Planning & Analysis, and Treasury Management,  Directed and sponsored CMMI for Services Level 3 Appraisal and certification of ISO 9001, ISO 20000, ISO27001.  Integrated historical accounting records for legacy systems to single enterprise accounting system  Partnered with the CGO and COO to build competitive bids and several wining proposals  Established scalable accounting system to facilitate effective management of government contracts and established documented procedures and forms in an Accounting Procedures Manual.  Headed team of internal staff and external consultants to successfully migrate from Unanet Financials to Deltek Costpoint ERP system.  Collaborated with COO and the Operations Management team to establish end-to-end Project Status Reporting structure.  Enhanced the accuracy of RGG’s reported financial results to ensure both GAAP and DCAA compliance, and enhance growth and profitability of future business decisions.  Work with the management team by contributing to the development and implementation of organizational strategies, policies and practices. Show less

    • United States
    • IT Services and IT Consulting
    • Principal Consultant
      • 2015 - 2017

      Fairfax, VA Government Contractor/Consultant. Works on a by project basis writing proposals, giving general consulting in Project Management, Project Finance, Financial Planning and Analysis, Organizational Development and Business Strategy. Supported DCA Compliance.

    • United States
    • Transportation/Trucking/Railroad
    • 1 - 100 Employee
    • Business Operations Manager
      • 2012 - 2014

      Arlington, VA A global logistics and infrastructure management company providing expeditionary services to the U.S. government, international agencies and foreign governments. Managed team of business finance, planning and accounting staff (10) including annual operating budget of $175M, comprised of $800+M in contract • Managed business operations supporting programs including CPAF, CPFF, FFP, FUP, and T&M contract vehicles with DOS and DOD • Oversaw contractual compliance, cost management, budget… Show more A global logistics and infrastructure management company providing expeditionary services to the U.S. government, international agencies and foreign governments. Managed team of business finance, planning and accounting staff (10) including annual operating budget of $175M, comprised of $800+M in contract • Managed business operations supporting programs including CPAF, CPFF, FFP, FUP, and T&M contract vehicles with DOS and DOD • Oversaw contractual compliance, cost management, budget development and analyses, financial estimating and proposal support • Supported monthly closing, accruals, balance sheet reviews, billing, collections, cash forecasts and EACs • Coordinated employee recruitment, selection and training, compensation, performance assessment and work assignments • Achieved successful transition, phase-out and close-out of $450M Djibouti Base Operations Services contract, on time and within budget. Retained the mindset of financially owned and managed, teaching resource planning managers budgeting process • Prepared and presented monthly, quarterly, and annual financial statements and program status reports (PSRs) • Represented the program to customers, auditors, and other stakeholders in matters of financial management and contractual compliance • Provided Business Unit LOB CFO with financial strategy formulation, corporate reporting and project control operations

    • Business Operations Manager
      • 2010 - 2012

      Djibouti, Republic of Djibouti Promotion Managed team of business finance, planning, and accounting staff (10) including annual operating budget of $80M, comprised of $450M in contracts, 1,600 employees, 150 vendors and 17 subcontracts • Led in areas of budgeting, reporting, forecasting program cost, subcontract establishment, financial analysis, forecasting orders, sales, EBIT, controllable overhead, financial charts to support Program Management Reviews (PMRs) • Reduced operating cost by 13% by introducing… Show more Promotion Managed team of business finance, planning, and accounting staff (10) including annual operating budget of $80M, comprised of $450M in contracts, 1,600 employees, 150 vendors and 17 subcontracts • Led in areas of budgeting, reporting, forecasting program cost, subcontract establishment, financial analysis, forecasting orders, sales, EBIT, controllable overhead, financial charts to support Program Management Reviews (PMRs) • Reduced operating cost by 13% by introducing responsibility accounting and streamlined procurement practices. • Led project team to implement DCAA compliant timekeeping system resulting in significant time/cost savings and added efficiency • Partnered with customers to resolve funding backlogs, ACRN reconciliation, and prompt payment of invoices • Led proposal preparation and negotiations for contract option winning major contract and supported proposal response team in FFP/IDIQ pricing

    • Senior Financial Analyst
      • 2010 - 2010

      Djibouti, Republic of Djibouti • Conducted complex financial and cost analysis of data reported in various accounting systems and developed financial reports for forecasting, trending and result analysis • Prepared financial reports and charts for customer and corporate reporting • Evaluated financial execution to ensure compliance with FAR, CAS, company policy and terms of the prime contract • Supervised process audit team which audited the Labor Broker Provider (LSP) subcontract, applied remedial actions in… Show more • Conducted complex financial and cost analysis of data reported in various accounting systems and developed financial reports for forecasting, trending and result analysis • Prepared financial reports and charts for customer and corporate reporting • Evaluated financial execution to ensure compliance with FAR, CAS, company policy and terms of the prime contract • Supervised process audit team which audited the Labor Broker Provider (LSP) subcontract, applied remedial actions in response to audit results, as well as improved internal control systems and procedures • Led development of DCAA compliant timekeeping policy, established standard operating procedures, and trained staff in proper timekeeping requirements – producing significant time and financial savings • Generated additional cost savings to government by consolidating vehicle and equipment rentals services for tenants of the camp • Joined with contracts manager to persuade government to revise Award Fee Plan to incentivize cost reduction resulting in annual savings of $4.8M

    • Senior Consultant
      • 2007 - 2009

      Manassas, VA CPA firm specializing in compliance audits, business process improvements, project management, accounting and financial management services to federal agencies, state governments and commercial clients, particularly US Department Health and Human Services and US Department of Housing and Urban Development. • Provided client specific financial consulting services to federal agencies to ensure compliance with US GAAP and other binding regulations • Reviewed and analyzed financial… Show more CPA firm specializing in compliance audits, business process improvements, project management, accounting and financial management services to federal agencies, state governments and commercial clients, particularly US Department Health and Human Services and US Department of Housing and Urban Development. • Provided client specific financial consulting services to federal agencies to ensure compliance with US GAAP and other binding regulations • Reviewed and analyzed financial information of mortgage lenders to determine eligibility for re-certification of FHA status with US Department of Housing and Urban Development (HUD). Utilized net worth, liquidity, and leverage as key metrics for evaluation • Conducted assessment and review of financial health and sustainability of HRSA grantees using A-133 audit reports, tax filings, HCMIS, and other resources • Case in Pointe: identified a number of FHA lenders who did not meet the financial viability guidelines of OIG at HUD and recommended certification not be renewed Show less

    • United States
    • Financial Services
    • 700 & Above Employee
    • Financial Analyst and Consultant
      • 2006 - 2007

      McLean, Virginia, United States Freddie Mac is a government-owned corporation that buys mortgages and packages them into mortgage-backed securities. Freddie Mac is a government-owned corporation that buys mortgages and packages them into mortgage-backed securities and uses the proceeds from the sale of MBS to buy more bank mortgages. • Provided routine analysis of loan amortization and reconciliation reports to various users at Freddie Mac • Oversaw project consisting of system development and implementation for… Show more Freddie Mac is a government-owned corporation that buys mortgages and packages them into mortgage-backed securities. Freddie Mac is a government-owned corporation that buys mortgages and packages them into mortgage-backed securities and uses the proceeds from the sale of MBS to buy more bank mortgages. • Provided routine analysis of loan amortization and reconciliation reports to various users at Freddie Mac • Oversaw project consisting of system development and implementation for amortization engine in the Single Family Decentralized Accounting Unit (DAU), closed a month ahead of schedule under budget • Designed critical reports to meet Tax, GAAP, and internal management reporting requirements to be incorporated in new system • Confirmed accuracy of reports for US GAAP compliance under FAS 91 and EITF 99-20 • Supported the program business analyst during building business requirements documents for single family loan amortization engine systems development process Show less

    • Education Administration Programs
    • 1 - 100 Employee
    • Director of Undergraduate Programs
      • 1999 - 2005

      Kathmandu, Nepal Private four-year college, affiliated with Kathmandu University, providing courses in business, information systems, and hotel management. Directed and managed strategy and operations of college utilizing support from 40 faculty and staff • Worked with management team to start college – within 6 years ranked in top 3 in country • .Oversaw the budgeting, accounting, collections, capital investments, payables and receivables management activities, including reporting and… Show more Private four-year college, affiliated with Kathmandu University, providing courses in business, information systems, and hotel management. Directed and managed strategy and operations of college utilizing support from 40 faculty and staff • Worked with management team to start college – within 6 years ranked in top 3 in country • .Oversaw the budgeting, accounting, collections, capital investments, payables and receivables management activities, including reporting and compliance • Managed recruitment and training of staff and faculty and produced a highly functioning team • Built strong business network to support timely placement of students for internships and jobs upon graduation producing 100% placement within 6 months of graduation Show less

    • Senior Consultant
      • 1997 - 1999

      Kathmandu, Nepal Nepal’s pioneer ISP and informational systems and business systems solution provider. Managed design, development and delivery of IT and management training programs for institutional clients including UNDP, WWF, Nepal Army, USAID, Ministry of Finance and Agricultural Development Bank • Advised company’s board on customary planning, operations and management of corporate training based clients’ needs. • Transformed finance from paper based to automated, especially Foreign Aid… Show more Nepal’s pioneer ISP and informational systems and business systems solution provider. Managed design, development and delivery of IT and management training programs for institutional clients including UNDP, WWF, Nepal Army, USAID, Ministry of Finance and Agricultural Development Bank • Advised company’s board on customary planning, operations and management of corporate training based clients’ needs. • Transformed finance from paper based to automated, especially Foreign Aid Coordination Division at Ministry of Finance and funded by UNDP . Show less

    • Financial Services
    • 1 - 100 Employee
    • Operations Manager
      • 1996 - 1997

      Kathmandu, Nepal Financial services consulting firm providing key role in instigating the privatization of state-run commercial banks. Managed operations of the business including finance, accounts, staff and administration Operations Manager • Managed large scale project funded by the World Bank, sponsored by the Central Bank and aimed at government’s effort to deregulate and privatize state-owned enterprises, completed on time and within budget • Reviewed and documented existing system, recommending… Show more Financial services consulting firm providing key role in instigating the privatization of state-run commercial banks. Managed operations of the business including finance, accounts, staff and administration Operations Manager • Managed large scale project funded by the World Bank, sponsored by the Central Bank and aimed at government’s effort to deregulate and privatize state-owned enterprises, completed on time and within budget • Reviewed and documented existing system, recommending and defining streamlined accounting system • Conceptualized, designed, and implemented Stock Transfer Agency and Registrar Services (STARS) software package . Show less

    • Argentina
    • Banking
    • 1 - 100 Employee
    • Operations Admin
      • 1990 - 1993

      Kathmandu, Nepal Solitary Citibank outlet in Nepal providing support to local clientele, comprised of commercial banks and government corporations Operations Manager • Executed international cash letter services (ICLS), letters of credit, over-night investments and remittances process, improving workflow from 60 days to 15 days turnaround at no additional cost and with in-house clearance • Spearheaded ICLS process improvement reducing revenue cycle by more than 30 days resulting in a 9% increase in… Show more Solitary Citibank outlet in Nepal providing support to local clientele, comprised of commercial banks and government corporations Operations Manager • Executed international cash letter services (ICLS), letters of credit, over-night investments and remittances process, improving workflow from 60 days to 15 days turnaround at no additional cost and with in-house clearance • Spearheaded ICLS process improvement reducing revenue cycle by more than 30 days resulting in a 9% increase in profit Show less

Education

  • Maharishi University of Management
    Master of Business Administration (MBA), Accounting
    2006 - 2008
  • Kathmandu University, Kavre, Nepal
    Master of Business Administration (MBA), Finance and Financial Management Services
    1994 - 1996
  • Trained in Enhanced Defense Financial Management
    American Society of Military Comptrollers, VA
  • Completed Project Management Training
    PMT Institute, India
  • Completed Government Contracting Training
    George Mason University, VA

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