Tharshakumar Tharmakulasingam Acma,Cgma Email & Phone Number

Halifax Regional Municipality, Ns, Ca

Nova Scotia, Canada

Canada

Halifax, Nova Scotia, Canada

Canada

Riyadh, Saudi Arabia

Finalizing monthly and quarterly consolidated management reports such as consolidated P&L, balance sheet, and cash flow statement. Posting required adjustments in the management reports while converting local standards (Ukraine and Egypt GAAP) to IFRS.Preparing financial feasibility studies for management decision making by building detailed financial models in the various energy industries such as solar, waste to energy, wind, and data centre.Finalization of Group budget budgeting and forecasting process. Reviewing the budget assumptions of subsidiaries, analzing the variances, providing justifications, and submitting the final group budget to the top management. and presenting the final budget to the top management.Working with financial institutions for potential financing of the new projects, refinancing of existing projects, and debt restructuring of the group. Thus far, raised >100M USD for the operating projects situated in Egypt and Ukraine and presently working on raising >150M USD for the projects in the pipeline. Preparing annual business plan for FAS Energy holding by presenting a comprehensive analysis of the strategic views of the organization, present country presence, and future diversifications. This involves, presenting a 25 years cashflow forecast for the projects in operations and projects under pipeline in order to understand the Equity and debt requirements and to determine how much could be funded using self-financing. Sole accountability for daily finance and accounting functions of the holding and subsidiary energy companies. This involves arranging necessary funds for operating and forecasting the monthly cash flow needs of FAS Energy holding.Oversee and manage the continued development of Budgeting, Financial Forecasting, and Operating plans for subsidiaries.Prepare presentations to the board of Directors and Senior Management Team for new investment plans, capital investment projects, and fund structuring.

Al-Riyadh Governorate, Saudi Arabia

Managing a team of 7 senior accountants located in 3 different countries such as KSA, Ukraine, and Egypt. Ensuring that all routines and reporting procedures are completed accurately and on a timely basis. Reviewing and approving the monthly statutory reports in 3 different countries. This includes VAT, CIT, social insurance reports, WHT and others. Finance process owner for the oracle EBS R12 at FAS Energy holding (3 companies). Involved at all project stages (definition, operation analysis, design, build, transition phase and production phase).Leading the standalone audits and consolidation year-end audits and engaging with the top 4 audit firms located in 3 different countries to finalize the audit reports and findings.Review the standalone and consolidated financial statements on a monthly and quarterly basis before disclosing them to the Board of directors. Aliasing with the bank on a frequent basis to book short-term deposits and quote a favourable forex exchange rate for foreign transfers. Constantly monitoring the currency fluctuation between the functional currency and subsidiaries foreign currency and suggesting hedging strategies to mitigate the fluctuation.

Riyadh

Fawaz Alhokair Group is one of the leading groups of companies in the Kingdom of Saudi Arabia focusing on fashion retail, real-estate, construction, financial services, energy, health care, and hospitality. I worked in the construction sector reporting directly to CFO.Supervise accounts payable function, including personnel and processes, and maintain adequate controls over the same.Reviewing and approving progressive invoices, GRNs, and advance payments prior to payment.Post all Customer/Supplier invoice entries & matching the advance payment in the Oracle ERP system. Prepare monthly bank reconciliations, analyze debtor and creditor material movements and provide recommendations for better working capital management in the organization.Finalize the reconciliation of related party, petty cash holders, staff loan and suppliers for the year-end closing.Participating in the new system (ERP) implementation progress and coordinating with IT department for account mappings.

Colombo

Monthly preparation of management accounts and submitting the detailed financial package to Top Management such as Income statement, financial position, and Cash flow.Preparation and formulation of the organization's budget, estimate future Financials needs, efficiently allocate limited financial resources and explore alternative funding methods.Report to management on variances from the established budget and the reasons for those variances.Reviewing and entering the invoices in the system and advising the management on the aging balance. Maintenance of payroll and monthly confirmation of employee staff loan balances. Ensure the entire sales ledger function’s proper performance including end to end process of Invoice/credit note creations and posting, customer creation and updating, payment posting corresponding to bank and cash and monthly reconciliations.Responsible for supervising and managing two Trainee Accountants in the finance team and achieving divisional objectives while meeting the organization’s business goals.Participating in the annual audit with external auditors and presenting the audited financials to the Top Management and board members.

Colombo

WNS Global Services (Pvt) Ltd is a Business Process Outsourcing (BPO) Company operating various countries around the globe. I was attached to the Management Accounting Department involved in “General Insurance” financial activities of AVIVA Insurance PLC in U.K. Job Roles and ResponsibilitiesSolely responsible for preparing and managing third-party accounts, intermediary brokers account and Debtor Control account. Also conversant in doing reconciliation for all types of accounts (Sundry debtors, 3rd Party, debtor’s control, Inter-company, Earnings, claims etc...) Rectifying and making recommendations on Processes / Reconciliations after extensive analysis of the outstanding issues.Prepared and adjusted Departmental Procedure Manuals (DPM) for all the process in which I was involved. Involved in External/ Internal Audit queries.Operating and analysing mechanism OFA (Oracle Financial Analyzer) which is used to get financial reports summary when doing the reconciliations (Only used by the onshore team). Involved in work state projects and cleared some uncleared accounts balance which existed over 3 years.Won the Rising star award in March -2011 for the excellence and dedication shown during the first quarter 2011. I was the sole person to get cross-trained from the UK onshore team regarding earnings reconciliation and I was responsible for the training of the local staff on this subject.

Acma - 1-6Ks06N, Management Accounting

Regional prize winner for Management Case Study Examination

Professional, Auditing/Finance

Msc In Finance, Accounting And Finance, Equivalent To A Canadian Master’S Degree, As Determined By Wes, Canada