Manager – GL & Reporting
Zamil Air Conditioners
Total years of experience :13 years, 2 months
Growth Path:
Manager - GL and Reporting (Mar 2020 - To Date)
Senior Financial Analyst (Jul 2018 - Mar 2020)
Financial Analyst (Mar 2016 - Jun 2018)
Accomplishments:
• Instigated Oracle Fusion ERP successfully from R12 EBS ERP.
• Acted as a part of the IFRS team and successfully employed IFRS 9 (ECL method), IFRS 15 (Contract Revenue) and IFRS 16 (Leases - ROU).
• Minimized the material cost from 2% to 3% in cooperation with procurement representing finance.
• Drafted financial modelling templates for the company.
• Developed 3 statement models, Cash flow projection models, and Business valuation models.
Key Responsibilities:
• Adhered to IFRS standards and procedures for superintending the preparation of financial reports and month-end reports, including separate and consolidated financial statements.
• Evaluated ratios for major variances to formulate MIS reports and conducted commentary on financial statements to present the company’s financial position, financial performance, and cash flows.
• Boosted efficiency and minimized time by analyzing the financial closing process and implementing process changes.
• Performed annual, interim, and quarter audits
• Coordinated with subsidiary accountants for the timely formulation of financial statements, improving internal controls, managing accounting systems, and devising policies and procedures.
• Cooperated with the BU finance and operational team to facilitate cash flow forecasting, budgeting, and examining the margin.
• Followed the agreement with the management for processing financial charges, allocating costs, and approving G&A expenses.
• Controlled the intercompany overall procedures for sales, production, and AR & AP reconciliations, as well as eradicating transactions and balances at the consolidation FS level.
• Maintained foreign currency rates in the system and updated daily cash status with the help of treasury, AR & AP.
• Directed the finance team on a daily basis to prioritize workload, meet deadlines, identify errors, and review financial documents, statements, and reports.
Accomplishments:
• Cultivated strong relationships with external auditors, vendors, and employees by monitoring employee benefits, such as leave salary, leave ticket, and gratuity.
• Directed numerous finance and control operations by conducting analytical reviews, performing revenue and expense analyses, and processing variance analyses.
• Generated revenue and increased productivity through financial planning, analysis, feasibility studies, and annual operating plan in coordination with the senior management and business heads.
• Played a vital role in the management of monthly tax audits, VAT filing and refunds, petty cash liquidation and reimbursement.
Key Responsibilities:
• Administered full-cycle accounting functions by verifying, allocating, posting, and reconciling accounts payable, receivable, payroll, and general ledgers while reporting to Chief Accountant and GM.
• Contributed to the preparation of annual budgeting procedures and proposed cost-saving initiatives to deliver insights to the management.
• Ensured accuracy and competency of best accounting practices by maintaining the general ledger, reconciling accounts, and facilitating new VAT Registration.
• Mentored and trained junior accountants to provide comprehensive support for the execution of high-quality procedures and optimal processes.
Previous Engagements
General Accountant at Abu Issa Holding, Qatar Nov 2013 - Dec 2014
Auditor at V. Ariaratnam & Co, Sri Lanka Jun 2010 - Aug 2013
Wayamba University of Sri Lanka, Sri Lanka B.Sc. Accountancy and Business Finance