R.M. Shiranthi K. K
274 Hill Road, The Gardens Auckland
Summary
A hardworking, dynamic, self-motivated financial professional with excellent analytical skills and results driven attitude. Expert in building and maintaining professional relationship blended with over 20 years of experience in a spectrum of financial.
Overview
20
20
years of professional experience
Work History
Assistant Manager- Finance
Trischel Fabric (Private) Limited
07.2019 - Current
- Leading the financial accounting team for finalizing monthly accounts in accordance with group accounting instructions and policies
- Reviewing payment approvals to ensure all supplier payments are processed accurately and in accordance with group accounting policy
- Monitoring account receivable process by overseeing collection of payments on timely manner while assigning tasks to the account receivable team according to the company’s cash inflow goals
- Liaising with external Auditors in completing financial audit within the stipulated time frame
- Liaising with tax consultants on taxation affairs to ensure compliance with applicable tax laws (Income tax, Transfer pricing regulations, Value Added Tax etc.)
- Leading the compliance reporting to internal audit department
- Engaged in preparing forecasting and monitoring of cash flows resulted from debtors and creditors
- Responsible for preparation and finalisation of daily and monthly treasury activities including Internal fund transfers, arranging authorization for facility letters, handling queries from business and banks, and foreign currency conversion transactions
- Coordinating the Cost Savings Projects with the plant accountants
- Building and maintaining relationships with cross functional teams to obtain the necessary information, critically analyzing and managing data to support preparation of the monthly reporting package, Annual Budget and Audit process
- Engage in Lease agreements and shareholder agreements preparation and signature obtaining process
- Ensuring the company’s legal compliance system and overlook the deviations
- Handling of company’s insurance matters.
Assistant Manager- Finance
MAS Fabrics (Private) Limited
08.2017 - 06.2019
- Monitored weekly Account payable process to ensure whether the suppliers were paid on time
- Engaged in payment approval process such as Petty cash /LKR Payment /USD payments and ensured that all supplier payments were processed accurately and in accordance with MAS group accounting policy
- Performed a pivotal role in coordinating with vendors for setting credit limits and negotiating with them for credit limit enhancement
- Managed Accounts Receivable function of the company
- Managed distribution of month-end statements to customers
- Monitored weekly Account receivable process and overseeing timely collection of payments
- Assigned tasks to the accounts receivable team according to the company cash inflow goals
- Involved in interacting with customers for non-payment cases
- Liaised with operation and customer Service divisions with regard to non-payments and customer discrepancies
- Reviewed Age reports (debtors spreadsheets) for overdue payments on, weekly and monthly basis
- Ensured all accounts receivable procedures were in compliance with Central bank (Sri Lanka) regulations
- Managed Value add tax return filling function of the company.
Senior Executive
MAS Fabrics (Private) Limited
04.2015 - 07.2017
- Engaged in preparing, forecasting and monitoring of cash flows resulted from debtors and creditors
- Engaged in planning & maintaining treasury management policies and procedures to ensure adequacy of cash for business and project development
- Responsible for preparation and finalisation of daily and monthly treasury activities including online payments, arranging authorization for facility letters, handling queries from SBU and banks, preparation of monthly cash flow and forecasts and foreign currency transactions
- Involved in negotiating with banks in obtaining favourable rates in order to enhance credit facilities to meet business requirements
- Effective and efficient monitoring and recording of banking activities including fulfilling of requirements as per conditions of facilities obtained
- Ensured funding requirements are met for day-to-day operations and follow up for credit financing/ cash receipts and aligning payments according to cash inflow
- Engaged in monitoring interest cost and bank charges for optimised working capital management.
Executive/ Senior Executive
Trischel Fabric (Private) Limited
06.2007 - 03.2015
- Responsible for monitoring daily treasury position of the organization while performing cash flow forecasting to ensure that sufficient funds are available to meet ongoing operational and capital investment requirements
- Engaged in finalizing monthly financials, oversee the posting of entries into the general ledger and ensure the income statement is prepared in a timely and accurate manner along with the relevant documentations
- Supported in increasing plat profitability by working with cross functional teams to prepare, forecast monthly profit achievements
- Engaged in managing year end auditing process for the allocated legal entities in order to ensure timely and effective completion of the process to meet regulatory/ statutory requirements
- Carried-out the reconciliation of intercompany accounts and was accountable for all transactions on a timely basis in order to facilitate the financial accounting process
- Finalized monthly financial statements and ensured that the income statement / balance sheets were prepared in a timely and accurate manner in order to ensure that the final accounts were reconciled and cleared
- Maintained good documentation, carried out the posting of entries into the general ledger with supporting, maintained all ledger accounts, maintained up to date reconciliations of GL accounts and ensured the completion of accurate balance sheet schedules
- Managed the year-end auditing process, providing justifications related to any discrepancies, in order to ensure timely and effective completion of the accounting process to meet regulatory/ statutory requirements
- Managed the internal auditing process (CSA) ensuring the consistent with Group Accounting Policies, Procedures and Guidelines and ensured that required internal controls were implemented & compliance was adhered to
- Ensured the company’s legal compliance system and overlook the deviations
- Engaged in fixed assets accounting process to ensure timely capitalization and updating CAPEX, actual against budget
- Managed tax provisions and tax compliance process
- Assisted for annual Budgeting process
- Engaged in handling company’s insurance matters
- Performed relevant activities to create Debit note and Credit note
- Engaged in preparation of monthly bank reconciliation
- Engaged in preparation of monthly vendor /customer reconciliation
- Managed GL master data creation and changes based on the request from the respective department
- Managed GL master data/suppler master data creation and changes based on the request from the respective department.
Account Assistant/ Executive
Slimline (Pvt) Ltd /MAS Intimates (Private) Limited
01.2005 - 06.2007
- Carried out credit payable activities and ensured proper mechanisms were in place to settle money within the set credit period
- Ensured discrepancies were followed-up and resolved prior to the month end closure
- Provided necessary management information reports for ease of decision making
- Built good work relationships with relevant internal and external parties
- Engaged in annual stock counts and fixed asset verifications
- Engaged in preparation of monthly vendor reconciliation.
Education
Certificate in Accounts Administration And Payroll
Career Academy Australia Pty Ltd
Australia2024
Master of Business Administration -
University of Kelaniya – Sri Lanka
01.2018
Higher National Diploma in Accountancy -
Sri Lanka Institute of Advanced Technological Education
01.2006
Bachelor of Business Management Accountancy (special) degree -
University of Kelaniya – Sri Lanka
01.2005
Skills
- Communication & interpersonal skills
- Expert in SAP software and MS Office package (MS Word & Excel )
- Agility to adapt with changing environment, continuous learning and able to work under pressure for long hours when required
- Ability to work in Xero,MYBO software
References
Upon Request
Timeline
Assistant Manager- Finance
Trischel Fabric (Private) Limited
07.2019 - Current
Assistant Manager- Finance
MAS Fabrics (Private) Limited
08.2017 - 06.2019
Senior Executive
MAS Fabrics (Private) Limited
04.2015 - 07.2017
Executive/ Senior Executive
Trischel Fabric (Private) Limited
06.2007 - 03.2015
Account Assistant/ Executive
Slimline (Pvt) Ltd /MAS Intimates (Private) Limited
01.2005 - 06.2007
Certificate in Accounts Administration And Payroll
Career Academy Australia Pty Ltd
Master of Business Administration -
University of Kelaniya – Sri Lanka
Higher National Diploma in Accountancy -
Sri Lanka Institute of Advanced Technological Education
Bachelor of Business Management Accountancy (special) degree -
University of Kelaniya – Sri Lanka
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