Results-driven and detail-oriented Chartered Accountant with 15 years of extensive experience in financial management. Proven track record in leading finance departments, implementing strategic financial policies, and achieving short-term and long-term growth for organizations. Adept at overseeing all aspects of financial accounting, budgeting, forecasting, cashflow management, and internal/external audits. Skilled in problem-solving and delivering accurate financial reporting. Recognized for integrity, reliability, and excellence in interpersonal and leadership skills.
Dms Holdings (Pvt) Ltd
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Financial ControllerDms Holdings (Pvt) Ltd Jan 2019 - PresentSri Lanka1. Headed two finance departments for DMS Electronics (Pvt) Ltd and DMS Software Technologies (Pvt) Ltd, overseeing a team of 18 finance professionals to ensure efficient financial operations.2. Directed annual budget development for both subsidiaries, successfully implementing financial strategies and controls to optimize performance and profitability.3. Managed end-to-end financial, management, and statutory reporting processes, ensuring accuracy and compliance with industry standards and regulations.4. Supervised cash flow forecasting and monitoring activities, providing critical insights for effective resource allocation and financial decision-making.5. Led internal and external audit functions, ensuring robust financial controls and compliance with regulatory requirements.6. Additionally, managed purchasing, stock control, and all property and maintenance contracts for enhanced operational efficiency.
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Financial ControllerBaros Maldives Dec 2016 - Nov 2018Maldives1. Executed responsibilities for supervising, monitoring, and managing the finance department at Baros - Maldives, ensuring the implementation of effective financial strategies.2. Developed, implemented, and maintained strategic financial policies and procedures to foster a robust financial framework aligned with organizational goals.3. Reviewed and evaluated daily financial data generated from the PMS system, employing analytical skills to derive insights and support informed decision-making.4. Provided clear instructions to accounting staff, supervised their activities, and conducted performance evaluations to ensure optimal team performance.5. Monitored cash flow movements, both inflow and outflow, and forecasted future financial cash flows to facilitate proactive financial decision-making. -
AccountantCinnamon Hotels & Resorts Jul 2014 - Dec 2016Colombo, Western Province, Sri Lanka1. Oversaw the finance department at Cinnamon Hotel Management LTD, executing responsibilities in supervision, monitoring, and management to ensure smooth financial operations.2. Prepared quarterly consolidated financial statements for 8 local resorts and 3 Maldivian resorts, adhering to International Financial Reporting Standards (IFRS) and conducting annual report preparations to meet regulatory standards.3. Successfully prepared and presented the group's quarterly financial report for the Board of Directors and Audit Committee, providing key financial insights and facilitating informed decision-making. 4. Actively updated management on new Accounting Standards impacting business units, while liaising with internal and external auditors, stock exchange authorities, and regulatory bodies to ensure compliance with reporting requirements. -
Account ExecutiveJohn Keells Holdings Plc Feb 2011 - Jul 2014Colombo, Western Province, Sri Lanka1. Led the preparation of quarterly and annual consolidated financial statements for John Keells Holdings PLC, ensuring strict adherence to International Financial Reporting Standards (IFRS) for accurate and regulatory-compliant reporting.2. Effectively communicated the implications of new accounting standards to group accountants, ensuring a smooth transition and comprehensive understanding across the organization.3. Proactively prepared and analyzed profitability statements on a regular basis, providing key financial insights to support informed decision-making within the organization.4. Developed full account set use for audit purposes using BI tools from SAP system. -
Chartered AccountantEy Dec 2007 - Feb 2011Sri LankaActively engaged in multiple external audits as an Audit Supervisor at Ernst & Young, providing detailed and accurate reports to the Audit Manager and Partner, demonstrating strong leadership and collaboration within audit engagements.
Prageeth De Silva Skills
Prageeth De Silva Education Details
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Accounting And Finance
Frequently Asked Questions about Prageeth De Silva
What company does Prageeth De Silva work for?
Prageeth De Silva works for Dms Holdings (Pvt) Ltd
What is Prageeth De Silva's role at the current company?
Prageeth De Silva's current role is Chartered Accountant | Financial Controller (ACA – 5405) | Expert in Financial Strategy & Management.
What schools did Prageeth De Silva attend?
Prageeth De Silva attended University Of Kelaniya Sri Lanka, Institute Of Chartered Accountants Of Sri Lanka.
What skills is Prageeth De Silva known for?
Prageeth De Silva has skills like Microsoft Excel, Microsoft Office, Microsoft Word, Budgets, Hotels, Powerpoint, Consolidation.
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