Dinusha Perera Email and Phone Number
Career Highlights; ➡️ Achieved gold and silver awards for the Aiken Spence Hotel Holdings PLC Annual Report and Browns Beach Hotels PLC at the CA Sri Lanka Annual Report Awards Competition 2022➡️ Secured the runner-up position for the Aiken Spence Hotel Holdings PLC Annual Report under the Leisure and Connected Services category at the ACCA Sustainability Report Awards 2022➡️ Successfully led the restructuring of loan portfolios in the Aitken Spence Hotel sector, amounting to approximately Rs 12 billion, after the official moratorium period➡️ Implemented tax planning strategies resulting in savings of close to 80 million within the group through efficient intercompany loan clearing processes before the implementation of proposed tax laws➡️ Played an instrumental role in turnaround projects and resurrecting processes in Hayleys Fabric, Hayleys Fentons, and Hayleys Aventura sector➡️ Held overall responsibility for the SAP implementation in the Hayleys consumer sector➡️ Contributed significantly to the turnaround project of Hayleys Aventura engineering division by establishing a back-office operational support team, effectively controlling project plan costs and administrative aspects, ensuring profitable project completion➡️ Restructured the business by reallocating and scaling down nonprofitable units, implementing overhead rationalization measures, and enhancing the performance of the Hayleys Aventura sector➡️ Established a new division for business development in Hayleys Aventura, focusing on growth and expansion opportunities➡️ Successfully negotiated favourable rates and additional facilities, resulting in approximately 30% savings on finance costs. Also, restructured loan portfolios for optimal financial management➡️ Pioneered the introduction of currency SWAP agreements to maximize the utilization of USD for LKR facility settlements, effectively building USD reserves in the group and capitalizing on times of rupee devaluation➡️ Implemented the "Waste to Profit" program across the organization, resulting in significant cost savings of approximately Rs 18 million at Hayleys Fentons➡️ Received the silver award in the construction category at the CA Sri Lanka Annual Awards Ceremony held in December 2021 for the first issued Annual Report during the tenure at Hayley Fentons
Richard Pieris & Company Plc
View- Website:
- arpico.com
- Employees:
- 280
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Chief Executive Officer - Hardware Sector - Local Manufacturing And DistributionRichard Pieris & Company Plc Jan 2024 - Present
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Deputy Group Chief Financial OfficerRichard Pieris & Company Plc Jul 2023 - Jan 2024Sri Lanka
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Head Of Finance - Sri Lanka HotelsAitken Spence Hotels Nov 2022 - Jul 2023Sri LankaCareer Highlights;➡️ Served as the top-level executive reporting directly to the Managing Director, overseeing comprehensive finance-related responsibilities for the local sector Hotels, including two publicly listed companies at Colombo Stock Exchange in Sri Lanka: Aiken Spence Hotel Holdings PLC and Browns Beach Hotels PLC➡️ Spearheaded financial management, treasury management, reporting, risk compliance and controls, working capital management, tax planning, and taxation functions within the sector, ensuring effective and efficient operations➡️ Led budgeting and planning initiatives, driving business process improvements across the sector to optimize performance and profitability➡️ Managed operational finance at the hotel level, implementing strategies for working capital management and enhancing operational efficacy for improved financial outcomes➡️ Successfully finalized external and internal audits while actively identifying and implementing process improvements to enhance operational efficiency within the sector -
General Manager FinanceAitken Spence Hotels Mar 2022 - Nov 2022Colombo, Western Province, Sri Lanka
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Chief Financial OfficerHayleys Fentons May 2019 - Mar 2022Colombo, Western Province, Sri LankaCareer Highlights;➡️ Played a pivotal role in the top management team, leading the successful implementation of change management initiatives that revitalized the sector's performance➡️ Assumed overall responsibility for finance, supply chain, human resources, information technology, and administration of the Aventura and consumer sector since 2019➡️ Actively participated in the resurrection process of the sector, while also overseeing the successful implementation of SAP within the consumer sector➡️ Oversaw the finance and supply chain division of Fentons Ltd since 2021, assuming overall responsibility for financial management, reporting, treasury management, tax compliance, controls, risk management, and operational finance -
General ManagerSt.Anthony'S Industries Group Oct 2013 - Apr 2019Colombo, Western Province, Sri LankaCareer Highlights;➡️ Restructured the network sales team, implementing clear demarcation under eight regional sales managers, resulting in over 100% improvement in distributor sales performance across all product categories. Developed a sales force monitoring system for enhanced performance tracking➡️ Led effective marketing and brand management efforts, leveraging above-line and below-the-line campaigns to boost brand equity. Collaborated closely with advertising agents to create compelling Radio and TV commercials and other brand communication materials➡️ Improve production management efficacy by implementing monitoring systems in the injection moulding section, including dashboard monitoring and robotic automation. Achieved efficiency gains and process optimization➡️ Introduced new products, such as PVC roofing sheets, PVC form boards, Max Platinum white tanks, and CPVC hot water pipes, to the Sri Lankan PVC market under the guidance of the Managing Director➡️ Participated in top international industrial and trade fairs and exhibitions, including Dubai's Big Five, China Chinaplas, and Canton Fair. Conducted business visits to Oman, the Philippines, and India, fostering relationships with overseas partners and staying abreast of industry trends➡️ Collaborated closely with overseas machine manufacturing companies to design efficient injection moulding, PVC extrusion, and injection blow moulding machines➡️ Achieved efficiency improvements in PVC door assembly, indoor packing quality, and solvent cement packaging. Implemented production line automation in solvent cement production and designed an automated bottling plant -
Manager Operations And Service DeliveryBrandix Mercury Asia Mar 2012 - Oct 2013Colombo, Western Province, Sri LankaCareer Highlights;➡️ Held primary responsibility for managing the shared services unit of Brandix Group, overseeing the overall management of the General Ledger and reporting team, the Treasury back office and bank reconciliations team, the Accounts Receivable team, and tax teams. Ensured the delivery of agreed services to assigned Strategic Business Units (SBUs) within Brandix Group.➡️ Successfully monitored service delivery performance through dashboards, monthly reviews, and conference calls with Chief Financial Officers (CFOs). Conducted visits to SBUs as necessary to ensure smooth finance and accounting operations.➡️ Prepared service level agreements and actively coordinated with SBUs to maintain seamless operation of finance and accounting processes, proactively addressing any issues or concerns.➡️ Implemented control procedures to ensure smooth business operations and enhance operational efficiency. Identified areas for improvement and implemented controls to mitigate risks and strengthen compliance.➡️ Managed a team of 40 members, including 5 team leaders, as direct reports. Took responsibility for their performance management, training, and career development, fostering a high-performance culture. -
Chief Financial OfficerHayleys Fabric Plc Jan 2011 - Feb 2012Horana, Western Province, Sri LankaCareer Highlights;➡️ Took on a challenging role as the Sector CFO in the Hayleys Group, leading the rebuilding of the fabric sector's complete control setup and governance. Played a vital role in the top management team and successfully managed the entire change management process, driving the sector's performance turnaround.➡️ Coordinated line-by-line balance sheet assertions and reviewed engagements with multiple audit firms for inventory, debtors, and property plant and equipment. Completed external audits without any audit report modifications and effectively handled transitions between external auditors.➡️ Led the coordination of forensic audit processes and supported evidence gathering to conclude investigations, ensuring adherence to proper protocols and compliance standards.➡️ Successfully increased sundry sale income by implementing a new process to identify and sell resalable waste items from each division. Established a collection centre and introduced a formal tender process to determine the best prices, increasing sales volumes.➡️ Ensured timely completion of annual reports while managing the changeover process. Developed and implemented a procedure manual to establish governance and control processes within the organization. -
Finance ManagerLankem Ceylon Plc Jul 2009 - Dec 2010Colombo, Western Province, Sri LankaCareer Highlights;➡️ Held a significant role at Lankem Ceylon PLC, a listed conglomerate with diverse businesses in Hotels, Plantations, construction, Manufacturing, Farms, Agro, FMCG, Paints, and Industrial chemicals.➡️ Successfully addressed technical issues and ensured timely completion of statutory reporting, preventing the company from being categorized as a default board in the Colombo Stock Exchange. Cleared the audit opinion by resolving the previous year's issues and implemented sustainable procedures for group consolidation reporting, annual report completion, and audit finalization.➡️ Led the accurate and timely reporting of the Group, encompassing internal and external reporting, monthly management accounts, quarterly accounts to the CSE, annual consolidated accounts, and statutory financials.➡️ Coordinated group statutory audit and annual report publishing activities for all companies within the Group.➡️ Oversaw all direct and indirect tax-related activities of the Group companies and engaged in tax planning initiatives.➡️ Actively participated as a member of the Corporate Strategic Planning Committee and contributed to the budgeting process of the Group.
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Manager Financial ReportingHutch Sri Lanka Nov 2006 - Jun 2009Colombo, Western Province, Sri LankaCareer Highlights;➡️ Served as a critical financial professional at Hutchison Telecommunication Lanka (Pvt) Ltd, a subsidiary of Hutchison Whampoa Ltd, a Fortune 500 multinational company listed on the U.S. stock market and compliant with the Sarbanes-Oxley Act.➡️ Accountable for all financial reporting requirements, including monthly financial statements, consolidated financial statements, and other sub-financial reporting for local, statutory, and ad-hoc purposes. Collaborated with the immediate parent company and the holding company based in Hong Kong to ensure accurate and timely reporting.➡️ Managed and supervised the computation and payment of statutory taxes such as VAT, ESC, MSL, and WHT and liaised with relevant regulatory authorities to ensure compliance.➡️ Oversaw day-to-day finance-related activities, meticulously scrutinizing payments, purchase orders, and letters of credit to ensure their validity, timeliness, and accuracy.➡️ Actively reviewed and contributed to the company's budgetary and cash flow planning activities, providing valuable insights to enhance financial performance.➡️ Engaged in negotiations and maintained relationships with third parties, including banks, external auditors, regulatory authorities, dealers, contractors, and suppliers, ensuring smooth business operations and effective collaboration.➡️ Ensured compliance reporting by the requirements of the Sarbanes-Oxley Act, maintaining adherence to relevant regulations and internal control procedures.➡️ Held the role of bank signatory for the company, overseeing financial transactions and ensuring the integrity of banking operations. -
Audit SupervisorB R De Silva & Co. Nov 2003 - Nov 2006Colombo, Western Province, Sri LankaCareer Highlights; ➡️ Specialized in internal audits and system and process study engagements within the banking and manufacturing sectors, demonstrating expertise in conducting audits, management reviews, and tax-related works.➡️ Conducted thorough audits and management reviews for quoted public companies and other entities, covering internal audits, external audits, and tax-related responsibilities as an Audit Supervisor➡️ Experienced in tax-related works, including Analysis of income, expenditure, and other relevant data for tax purposes, Preparation of corporate and personal tax returns and computations, managing returns and administration of PAYE, VAT, and other tax obligations.
Dinusha Perera Education Details
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Accounting And Finance -
Business Administration And Management, General -
Accounting And Business/Management -
Business Administration And Management, General -
Commerce Stream
Frequently Asked Questions about Dinusha Perera
What company does Dinusha Perera work for?
Dinusha Perera works for Richard Pieris & Company Plc
What is Dinusha Perera's role at the current company?
Dinusha Perera's current role is Chief Executive Officer- Hardware Sector - Local Manufacturing and Distribution - MBA (PIM) Sri J, B. B. Ad, FCA, ACCA, ACMA.
What schools did Dinusha Perera attend?
Dinusha Perera attended Institute Of Chartered Accountants Of Sri Lanka, Postgraduate Institute Of Management (Pim), Institute Of Certified Management Accountants Of Sri Lanka (Cma), University Of Ruhuna, Ananda College.
Who are Dinusha Perera's colleagues?
Dinusha Perera's colleagues are Tharindu Anush, Sanduni Darshika, Manushi Pabasara, Sydney Gunawardana, Lanka Dananja, Dinidu Charuka, Kavikshana Ujantha Premalal.
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Dinusha Perera
Textile And Apparel Engineering Undergraduate At University Of MoratuwaColombo District
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