Asanga Herath

• Monitor the day-to-day financial operations within the company,
• Oversee financial department employees, including financial assistants and accountants
• Liaising with outside services for tax preparation, auditing, banking, investments, and other financial needs as necessary
• Track the company's financial status and performance to identify areas for potential improvement
• Provide insightful information to senior executives to aid in long-term and short-term decision making
• Present financial reports to board members and higher management.
• Establish and maintain financial policies and procedures for the company.
• Making sure that the company adhere to financial regulations and legislations.

Knowledge in Marketing, retail, distribution, financial services, automobile services, architectural services and audit
Financial accounting including accounts payable/receivable, GL work, month-end work, reconciliations and payroll
Day to day functions of accounts department including planning, coordinating work and supervising staff
Preparing annual statutory accounts according to IFRS and preparing annual report
KPI Reporting - preparation, analysis, commenting on monthly result and presenting it to the board
Internal and external audit and tax work such as liaising with external auditors, answering queries from internal auditors and attending to tax issues
Treasury management through liaising with banks for fund requirements and investment opportunities
Preparing annual budgets and reviewing them with actual results
IT Systems implementation in Financial areas

A car servicing company with 260 island wide branch network.
Maintained integrity and accuracy of the general ledger
Responsible for the integrity and the accuracy of the debtors and creditors ledgers
Followed up long outstanding debtors and attended to debtor and creditor queries
Responsible for the proper maintenance of property lease files timely collection of rents and outgoings and effecting annual rental increases according to the lease agreements
Ensured timely preparation of monthly and annual accounts and provided monthly reports to the management
Ensured statutory compliance for audit, PAYE and BAS

Accomplishments
Collected 70% of long outstanding debtors within four months
Reconciled the control accounts with the debtor and creditor ledgers for the first time since the company adopted MYOB
Improved quality of management reports

A leading listed finance company with a nationwide branch network
Responsible for the integrity and the accuracy of company general ledger.
Prepared quarterly, monthly and annual company P&L, balance sheet, cash flows, board reports and KPI reports
Prepared monthly and annual budgets and followed up with budget variances
Supervised accounting staff by monitoring and prioritising their workloads
Met statutory obligations to government organisations. Ex VAT and Income tax
Maintained and upgraded the computerised fixed asset register

Accomplishments
Ensured company’s adequate liquidity while the industry faced difficulties with customer confidence
Saved cost paid to an outside company for preparing financial statements by designing and implementing a fully-integrated computer system to prepare financial statements according to reporting requirements such as IFRS, stock exchange and tax department
Saved cost of purchasing a new system to record fixed assets by designing and implementing a fully-integrated computerised fixed asset system to record fixed asset additions, disposals, depreciation and capital allowances for taxation purpose
Saved cost of purchasing a new system to record business loans by designing and implementing a fully-integrated computerised system to record business loans
Improved month-end closing time from 10 days to 5 days

Performed as the key responsible person for all company payments.
Responsible for the integrity of company debtor’s ledger.
Prepared monthly board pack and KPI reports.
Responsible for calculating product costing for locally purchased and imported products.
Improved internal control systems and processes and computer systems.
Carried out financial feasibilities for various investments prospects and reporting to the management on the best alternative.

Accomplishments
Team leader for obtaining ISO 9001:2000 quality internal control certification from DNV Norway, which involved tremendous improvements to the efficiency and effectiveness of the processes, which subsequently led to winning the national proclivity and quality award by the company in 2005.