Lasantha Primal Email & Phone Number

Melbourne, Australia

- Managing period-end processes including journal preparation, general ledger closing, and preparation of financial statements to support business performance reporting- Supporting the preparation of routine management reports, including associated variance analysis on cost base (variable cost, production and usage variance, Cost of Doing Business) and supporting commercial finance in delivering business performance commentaries to senior management - Supporting business managers with in-depth analytical insights into revenue, cost and margin trends, leveraging analytical and problem-solving skills to support strategic decision making and contribute to comprehensive margin reviews- Reviewing and analysing production variances to identify anomalies and determine root causes, collaborating with manufacturing site staff and IT for ERP system support, leading to corrective action- Collaborating with manufacturing site managers to review and control fixed cost against budget and forecasts, and providing detailed cost commentary to the finance business partner highlighting overspending risks - Preparation of periodical budget and forecast by collaborating with relevant stakeholders across the business for inputs and discussing the numbers with finance business partner / finance manager for finalization- Performing balance sheet reconciliations per group accounting policy documents, to identify risks and opportunities in the balance sheet and investigating aged or high-risk items- Working with Group Finance and Group Tax to support information requests and analysis as part of quarterly/half-year reviews and audit (external/internal) requirements

Melbourne, Australia

- Responsible for customer ledgers, in Orion and Engage, from keeping them upto date and liaising with credit team to resolve any customer request / complaints related to their records- Monthly journal processing in SAP and timely month-end close based on the group timelines- Monthly cost centre analysis for accurate cost allocations and comparison with yearly budget to identify variances as an input to monthly meetings with cost centre managers- Managing accounts payable function, including verification of sales channel invoices based on company records and ensuring timely settlement of channels invoices- Responsible for preparation of monthly balance sheet reconciliation and develop action plans for any unreconciled balances for Finance Manager review- Involvement in User Acceptance Testing for system upgrades and liaising closely with IT Team / Testers for fast resolution of any system issues

Colombo

 SAP - customize reports to match reporting requirements and testing before roll-outs, implementation of workflow in SAP for entry approvals and weekly back-up, and conduct training to finance team Standardization of entries to SAP , maintaining integrity of inputs to the ledger, timely month-end close and group reporting within reporting deadlines Monitoring revenue and expenses accrual process for month-end close Completion of Statutory Accounts, including a comprehensive analytical review and compiling the audit file and dealing with auditors to answer queries on a timely manner to finalize the external audit within intended timelines for statutory reporting Finalization of specific audit queries on IAS 11 — Construction Contracts and IAS 12 — Income Taxes according to interpretations in the standards with necessary calculations Comprehensive analysis of balances and expenses required by professional tax accountant for calculating corporate income tax liability and constant communications for clarifications to finalize the tax return timely Monitoring monthly expenses claims, advances taken and settlements by expatriate employees Successful management of change in tax regulations due to new tax act by proper planning and analysis of impact to the company operations and transitioning tax practices to ensure compliance Analysis and review of company contracts and payments for WHT, NBT & VAT according to new tax act, and setting-up and monitoring of WHT certificates issue process for tax deducted at source Customer invoicing, Accounts receivable and payable management and communications with internal and external stakeholders for effective management of the same Cash | Bank record maintenance, timely reconciliations for control purpose and communications with banks for optimal use of liquid resources and foreign exchange monitoring Review monthly payroll to ensure accuracy and completeness of calculations, payroll tax and statutory deductions

Colombo

 First opportunity back in Sri Lanka and before moving into more corporate domain, previously worked within Family-owned Group of Companies, where I successfully performed tasks to meet the expectations of stakeholders : http://www.lalin.co/ Implement deadline oriented monthly reporting mechanism and discussion of the monthly results with board of directors and other departments for planning Analysis of cost structure in each product offered at Gonuts with Donuts (Pvt) Ltd for price revisions and cut-off non-value adding products for cost advantages Implementation of mechanism to capture consumption of consumables at two hotel operations, CASA Colombo Mirissa (Pvt) Ltd and Juce Hotels (Pvt) Ltd, to improve efficiency and identify controllable elements of cost Structure  Accounts receivable and Accounts payable management by arranging meetings with subordinates Improve the accounting data base performance and network access to finance team by bringing up best solutions with the assistance of IT Manager

Seychelles

Company OverviewDoubleclick Group is a well-diversified group of companies located in Seychelles. Its’ operations include Money Exchange (Authorized agent of Bureau de change - Central Bank of Seychelles), Betting and Gaming, Fashion and Sportswear Retail, Restaurant, Cafe & Catering and Fisheries. Operations are conducted through well spread-out branch network in different parts of the country (including neighbouring islands).Experience Highlight Team Management & Leadership - Leading Finance Team to achieve set daily, monthly and annual objectives Cash Management - Review Daily Cash and Bank Position of each company / branch and the Accounts Payable & Accounts Receivable management to ensure they are aligned to cashflow forecast Payroll Management - Review and Sign off monthly payroll for companies under Group Product Costing - Review and sign off import costing for Fashion & Sportswear imports and sign off the reconciliation between import costing and stock module to ensure product cost, prices and number of items are entered correctly Management Reporting - Review of Management Reporting process for expected standard and timely submission Statutory Reporting - Plan annual audit for the companies under Group and ensure Filing of Annual Tax Return and Annual Return with respective authorities Liaising with External Auditors - Review of Financial Statements and supporting documents for the submission of annual audit to ensure completeness and accuracy, and responding to audit queries in a timely manner Regulatory Reporting - Preparation of Quarterly Regulatory Return to Central Bank of Seychelles for the Money Exchange operations Liaising with Regulators / Authorities - Communication with Central Bank of Seychelles / Seychelles Revenue Commission and Financial Services Authority for inquiries and periodical audit requirements  Budgeting / Forecasting - Preparation of Budgets / Forecast for Management requirements / for Financial Institutions

Hnb Towers, Colombo 10, Sri Lanka

 Leading the Financial Reporting team; Off-shore team comprised of 8 members for overseas client who operates mainly in United Kingdom, ensuring the accuracy, completeness and timeliness of deliverables. Financial Reporting functions range from General ledger maintenance to Statutory reporting and Regulatory reporting, Budgeting \ Forecasting, cash management and liaising with auditors Service Delivery Standard; Ensure Service Level Agreements (SLAs) are met on monthly based on the quality of the deliverables and stakeholder management Process improvements, Risk & Quality audit; Ensure that no audit points or observations reported in Risk and Quality Audit reports by improving flow of the process and implementing controls to reduce the risk of deficiencies Complying with controls; Ensure the deliverables are carried out complying with control points stated and agreed in the Financial Reporting Control Framework (FRCF) Knowledge transition projects; Involve in planning, managing the process & knowledge transfers from on-shore to off-shore Team Performance & Feed-back; Ensure Service Review ratings from client are favorable based on the performance of team members and standard of deliverables, and feed-back & guide the team members for continuous improvement

Hnb Towers, Colombo 10, Sri Lanka

 Review role; Reviewing other team members work to ensure the standard of the deliverable Process improvements; Embed controls in the flow of the process to ensure accuracy, completeness Risk & Quality audits; Liaising with Risk and Quality team auditors for process walk-through to ensure controls in place are followed Process ownership & Responsibility; Carrying out Financial reporting processes Communication; Liaising with on-shore managers on a daily basis to build the relationship Audit queries; Attending audit queries and liaising with auditors to close audit points raised 2 Star awards for recognition of performance and Lean Kaizen Certification for process improvements

Hnb Towers, Colombo 10, Sri Lanka

 First mercantile experience after apprenticeship of four years, where I “cut my teeth” and demonstrated my passion and potential for high-end Finance & Accounting work for Business Process Outsourcing company (Clients worked for Aviva PLC and Aviva Investors, United Kingdom) Process ownership & Responsibility; Carrying out Financial reporting processes Communication; Liaising with on-shore managers on a daily basis to better perform tasks and build the relationship Audit queries; Attending audit queries and liaising with auditors to close audit points raised Knowledge transition projects; Being part of the pilot team to migrate a entire Financial Reporting process from United Kingdom to Sri Lanka

Colombo 04, Sri Lanka

SJMS Associates is an independent correspondent firm to the global professional services firm Deloitte - https://www2.deloitte.com/lk/en.html#Tasks carried out under supervision of Audit Manager Perform monthly and quarterly Internal Audits and Stock verifications  Lead a team into audit assignments and ensuring coverage of audit scope on set deadlines Liaising with the client’s Management Preparation of Internal Audit and Stock reports Attending management meetings to present audit findings to the client’s Senior ManagementTasks carried out under supervision of Tax Manager Preparation of Personnel & Corporate Income tax computations and filing tax returns based on them Preparation of tax computations relating to indirect taxes (VAT, NBT, ESC) Liaising with clients for the quarterly payments and clarifying matters of concerns Representing clients at Tax authorities for return filing, tax queries Involve in tax planning

Colombo 05, Sri Lanka

Working as a junior Audit / Accounts trainee under supervision of senior audit / Account staff and Managers to gain knowledge and exposure in Auditing, Accounting and Taxation.