Omila Simittraarachchi Email & Phone Number

Surrey, British Columbia, Canada

- Leading financial and human resource operations- Process improvement and standardization- Information technology management including databases, services and hardware

Long-term engagements:- Financial Controller – property rental (UK) – advising directors, forecasting/budgeting, supervising staff, and process improvements - Accountant – property development (UK/USA) – job costing, process improvement, financial management, reporting and financial advisory- Banking Advisor – property development (USA) – advising on managing loans/mortgages and developing banking models.

Colombo, Sri Lanka

Leading the setup and implementation of financial module (including IFRS) of the new core-banking/ERP system (Temenos T24/Transact)Establishing and maintaining management information systems and financial reporting systemsInternal, external and regulatory reporting while advising the management on maintaining healthy performance and statutory ratios Process redesign/re-engineering, automation, data analysis (at least 40% time-saving and capacity expansion)Collaborating with business units for arriving at best solutionsLeading financial, business data and modelling aspects of new cost accounting and management software (covers more than 50% of the project setup)

Sri Lanka

Preparing full set of IFRS accounts for the board of directors and annual reportMonitoring core-banking system controls/checkpoints in order to ensure that exceptions are reported and rectified to ensure accurate financial reportsReviewing and enhancing business processes for continuous improvements Active member in data migration team during the bank’s merger and achieved a successfully transferred core-banking system to the new entity

Colombo, Sri Lanka

Leading general ledger reconciliations and clearance projectsTeam/people management

Kathmandu, Nepal

Leading (at manager level) audit and financial review assignments in most industries, including planning, monitoring, reporting, quality control, logistics and liaison with the clients. Due Diligence Audit (DDA) for the purpose of merging of commercial banks - actively involved in planning, supervising, coordinating/liaising, product analysis, preparation of the DDA report/presentation for Merger Committee.Quality review assignment of audit working papers of the national auditors of Bangladesh Bank (the Central Bank of Bangladesh) to enable our firm to co-sign the financial statements of the Bank as international auditors.Introduced new audit processes (including computer-based auditing techniques) and enhanced the existing practices of auditing (i.e. audit approach, documentation and reporting) to increase the efficiency of assignments. Advised the British Council in Nepal for setting up their exams department as a separate commercial entity in Nepal and developed a financial model for three years.Financial feasibility and investment appraisal of construction/engineering projects of Government of Nepal.Leading/actively involving in group audits of INGOs and donor funded projects. Performing quality control on most reports issued by the firm.Reviewed International Financial Reporting Standards (IFRSs) for the convergence of national standards with them as required by Accounting Standard Board of Nepal.

Kathmandu, Nepal

Planned the audit and assurance assignments and financial investigations. Carried out other senior level activities of audit and assurance assignments. Researched in commodities and financial markets for the discussion papers issued by the regulatory bodies of Nepal.

Provided advisory services, including observations and recommendations, to clients on financial reporting and accounting systems. Drafted financial documents such as budgets and assisted in financial reports. Prepared the Financial Guidelines of Caritas International in Nepal. Assisted the client’s staff to familiarize with the new accounting software introduced. Reporting to the Audit Partner with evidence collected and observations with respect to the audit of projects of the client. Assisting the audit team during the statutory audit of the clients.

Acca, Accounting And Finance

Master Of Business Administration - Mba, Business Administration And Management, General

Cat, Accounting And Finance

Education record