Kasun Sameera Jayalath
Gaborone,GA
Summary
Proactive & Highly collaborative Finance professional with more than 12 years of diverse experience in Retail, FMCG (Fast Moving Consumer Goods) & Audit & Assurance. The work experience includes international exposure in countries such as Sri Lanka, Botswana & India with specializing in Operational Finance, Management Accounting, Financial Accounting, Credit Management, Auditing & taxation. Presently Finance Manager at FOURS Cash & Carry Group, A leading Retail supermarket chain in Botswana.
Overview
12
12
years of professional experience
Work History
Finance Manager
FOURS Group of Companies
08.2018 - Current
- Reporting Monthly, Quarterly, Annual performance to the CEO & Regional reporting for group consolidation.
- Credit sales Approval & Management.
- Monitor Daily Sales & cash control of 16 supermarkets.
- Control over General Ledger & Tax Filing.
- Assist/ manage in company setup, business/ financials process rollout and corporate governance measure.
- Undertake and implement Group's strategic planning activities and corporate development initiatives.
- Prepare financial studies and forecasts, corporate proposal evaluations and strategic business planning.
- Implementation of business processes and systems (Sage/Tally ERP/ARCH ) to cater for multitude of business information reporting requirements
- Oversee more than 60 employees in Finance department.
- Ensuring Finance/ Procurement/ IT Team is effectively interacting with other teams in organization for achieving optimal operational efficiency.
- Manage relationships with key stakeholders (including external, internal audits & tax authority).
- Seek out methods for minimizing financial risk to the company & cost optimization.
Management Accountant
Godrej Household Products Lanka Limited
09.2016 - 07.2018
- Reporting Monthly, Quarterly, Annual performance to CFO & Regional reporting for group consolidation.
- ·Responsible for executing smooth FICO Month End under SAP environment (enter accruals and deferrals, Clear customer, vendor and G/L open items and GR/IR accounts, record foreign currency revaluation, run asset depreciation, coordinating provision information from other departments & provision posting, Journal Entries Posting, ML Run, COPA analysis, & Closing period,)
- Being main contact point for External Audits & Facilitating Quarterly and Annual Audits of Company.
- Filing VAT, NBT & ESC returns. Handing Tax assessments & any inquiries from regulatory authorize relevant finance.
- Liaising with banks for all TT, DA payments & Bank transfers. Negotiating interest rates, Forex Buying & selling
- Monitors cash flow into and out of organization. Shifts funds as needed in order to maintain liquidity requirements. Initiates transfers or deposits in response to funding needs of the organization.
- Check all local & international payments & reviewing company monthly parole & PAYE calculation.
- Product costing & cost release in the SAP & reviewing Landed cost calculations.
- Use of SAP system to generate reports to analyses profitability, costing, factory overheads, Gross and net margin and recommend appropriate strategies.
- Recommending automated solutions to improve Finance Procedures.
Accountant
Atlas Axillia (Pvt) Limited- Hemas Group
08.2015 - 08.2016
- Product costing & cost release in the SAP & reviewing Landed cost calculations.
- Review, analyze and presentation of product/ factory/ company profitability to BoD
- Closely monitoring Operational productivity & efficiency using KPIs such as OEE (machinery) / utilization, labor efficiency, material wastage etc. and make recommendations for improvements.
- Evaluating financial feasibility of new products, improvement plans and review of outsource payments.
- Review and update of internal controls, development of SOPs.
Accountant
Texpro Industries (Pvt) Limited- DCSL Group
01.2015 - 07.2015
- Developing annual budgets & evaluating the company performance & cash flow position.
- Preparing periodic financial statements and other management reports of the company.
- Monitoring working capital needs and liquidity position of company.
- Planning and implementing internal controls to ensure the reliability of financial records.
- Overseeing financial systems of the company and producing periodic variance reports with KPIs.
- Liaising with banks and other financial institutions.
- Ensuring statutory lodgments to relevant regulatory authorities
Project Manager and Senior Associate
PricewaterhouseCoopers (PwC)
09.2011 - 12.2014
- Developing the scope for operational and financial audit projects and selecting/developing appropriate audit steps necessary to ensure effective audit coverage and sending it for the client's approval.
- Identifying and reviewing the financial, operational, and business risks faced by organizations and evaluating the efficiency and effectiveness of the established internal controls.
- Planning, conducting and finalization of audits as per the reporting requirements & standards.
- Analyzing effectiveness and efficiency of operational, management and system controls in view of improving them and providing recommendations to add value to them.
- Maintaining effective communications and relationships with management and staff of our clients.
- Scheduling and reviewing the work of fellow staff members and providing on-the-job training.
- Ensuring complete and timely engagement wrap-up including preparation of the audit reports and presenting the summary of audit findings in discussion with management
Education
Master of Science - Business Studies
University of Kelaniya
Colombo, Sri Lanka01.2023
Chartered Accountant (CA) - Finance
Institute of Chartered Accountants Sri Lanka
Colombo, Sri Lanka07.2015
Bachelor of Science - (Accounting Special)
University of Sri Jayewardenepura
Colombo, Sri Lanka08.2014
Skills
- Team Work
- Problem Solving
- Leadership
- Communication
- Financial analysis
- Process implementation
- Credit Management
- System Skills: SAP, Sage Evolution, Tally ERP9, PWC's Aura Audit technology Platform, MS Office
Accomplishments
FOURS Group (Botswana)
- Setting up financial and management reporting structure/ framework.
- Completing 20 pending external audits 03 tax audits, & setting up general ledger reporting and account reconciliations.
- Streamlined the debtor management process & manage the credit portfolio of all stores.
- Setting Up daily cash control and Cash /Bank reconciliation process throughout stores.
- Leading the project of Sage ERP implementation to assist in group financial/ management reporting.
Godrej Household Products Lanka Limited (Sri Lanka)
- Won Godrej Asia Quarterly Award Twice for the contribution in value creation in Supplier financing and cost optimization.
- Won Award for best employee in Finance Category at Godrej Annual Conference 2017.
Atlas Axillia (Pvt) Limited- Hemas Group (Sri Lanka)
- Achieving 35% cost saving per unit of SKU, by making recommendations to produce in-house rather than import.
- Reducing material wastage by 2% through regular reporting and by implementation of a waste management strategy.
- Developing and implementing labor utilization reporting to highlight areas of inefficiency thus achieving an efficiency improvement of 1.5%.
PricewaterhouseCoopers (PwC) (Sri Lanka)
- Obtained performance rating as high performer in 2013 & 2014 midyear performance reviews. Team leader / senior in charge of 21 clients out of 33 clients serviced.
- Handling audits of well-established and reputed multinational clients in different industries such as FMCG, Hotels, Finance, INGO, Insurance.( some of the key clients : AIA Insurance, Indian Oil Company, John Keels Hotels, Hilton Residencies, Securities & Exchange Commission, Fonterra Brands Ltd, Lafarge Cement Ltd, Coca Cola Far east Ltd )
Affiliations
Fellow Member of Institute of Chartered Accountants Sri Lanka (FCA, CA Sri Lanka) & Fellow Member of Botswana Institute of Chartered Accountants ( FCA, BICA)
Timeline
Finance Manager
FOURS Group of Companies
08.2018 - Current
Management Accountant
Godrej Household Products Lanka Limited
09.2016 - 07.2018
Accountant
Atlas Axillia (Pvt) Limited- Hemas Group
08.2015 - 08.2016
Accountant
Texpro Industries (Pvt) Limited- DCSL Group
01.2015 - 07.2015
Project Manager and Senior Associate
PricewaterhouseCoopers (PwC)
09.2011 - 12.2014
Master of Science - Business Studies
University of Kelaniya
Chartered Accountant (CA) - Finance
Institute of Chartered Accountants Sri Lanka
Bachelor of Science - (Accounting Special)
University of Sri Jayewardenepura
Non-Related Referees
Will be provided upon request.
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