| Project Title: | The Role of Finance Team in Managing International Transactions, Mitigating Foreign Exchange Risks and Profitability of the Company |
| Author: | Ms. Puspanjali Dahal |
| Advisor: | Mr. Ashutosh Mishra |
| Degree: | Bachelor of Business Administration (International Program) |
| Major: | Finance and Banking |
| Faculty: | Business Administration |
| Semester / Academic year: | 2/2022 |
Citation
Dahal, Puspanjali. (2022). The role of finance team in managing international transactions, mitigating foreign exchange risks and profitability of the company (Cooperative Education). Bangkok: Siam University.
Abstract
The report titled “The Role of Finance Team in Managing International Transactions, Mitigating Foreign Exchange Risks and Profitability of the Company ” provides an in-depth analysis of Grepsr Pvt Ltd’s financial operations as it expands globally. Grepsr, a prominent player in Nepal’s web and alternative data industry,has successfully ventured into international markets, offering comprehensive data acquisition solutions.
Additionally, the report highlights the finance team’s critical role in effectively managing international transactions and mitigating foreign exchange risks. It explores the challenges and opportunities associated with conducting business across various countries, including handling diverse currencies, exchange rates, and regulations. The report also emphasizes the significance of the finance team in managing the financial operations of a global company.
Furthermore, this report outlines my experience at Grepsr Pvt Ltd, where I worked as a finance and operations associate, detailing my roles, responsibilities, and contributions to the company. It also provides a brief overview of Grepsr Pvt Ltd and its business activities and highlights the challenges and significance of conducting international business and dealing with clients across the globe in Nepal. Moreover, the report demonstrates the process of a business generating income in foreign currency and its impact on Nepal’s economy.
The primary objectives of this study are to (1) understand the functioning of a homegrown company gone international, (2) learn the methods used to analyze company structures, identify problems, and develop solutions, and (3) gain knowledge of how a business manages international clients, remittance inflows, and their effect on the Nepalese economy.
As a Finance and Operations Associate, my role encompassed a diverse range of responsibilities, providing me with extensive exposure to various aspects of the company’s operations. It is important to acknowledge that my internship experience involved a wide range of tasks and responsibilities beyond those listed. My learning was not limited to theoretical knowledge alone but also derived from hands-on practical work, effective guidance, and supervision from my supervisor.
Keywords: Finance, Operation, Opportunity, Data Acquisition.
The Role of Finance Team in Managing International Transactions, Mitigating Foreign Exchange Risks and Profitability of the Company
Faculty of Business Administration, Siam University, Bangkok, Thailand