Buddhika Gunarathne

• Prepare accurate, timely, and IFRS-compliant monthly and annual financial statements for three UAE group
entities to support management decisions and regulatory compliance.
• Manage day-to-day finance operations, including general ledger maintenance, journal entries, and month
end closing.
• Supervise AP & AR workflows, ensuring accurate aging analysis, vendor optimization, and robust cash flow
management.
• Perform regular bank, debtor, creditor, and intercompany reconciliations to maintain accurate financial
records.
• Streamlined the preparation, validation, and submission of quarterly VAT returns for all group entities,
ensuring 100% compliance with FTA regulations and zero filing penalties.
• Liaise directly with the UAE Federal Tax Authority regarding registrations, de-registrations and tax compliance
matters.
• Ensure compliance with UAE VAT regulations and maintain proper documentation for audits and inspections.
• Support UAE Corporate Tax compliance through preparation of tax schedules and supporting documentation.
• Oversee monthly payroll execution and employee record management in strict accordance with UAE Wage
Protection System (WPS) guidelines.
• Liaise with external auditors, providing audit schedules, reconciliations, and supporting documentation to
ensure smooth audit completion.
• Communicating financial information to various stakeholders, including management, auditors, and
regulatory bodies.

Supported head of finance and senior management team with diary management, meetings, and data management resulting in efficient communication and organization.

Handling and maintaining the accounts major task accounting cycle include recording business transactions, making adjusting entries, summarizing account information, verifying information in accounts up to Finalization.

Ensured all incoming Invoices are checked against the commission statements and are correctly accounted for or in accordance with company rules and local tax and accounting regulations.

Ensured that fixed asset Purchase Orders are raised and approved in accordance with company rules and maintained fixed assets register.

Registered assets and tag them.

Involved in the support documentation preparation for internal and external audits.

Making POs, Invoices Receipts, Payment Vouchers

Coordinated with other departments (Operations & Marketing) for authorization of payments on a regular basis.

Preparation of daily Bank Reconciliation.

Provides financial information to management by researching and analyzing accounting data.

Proactively recommended and implemented process improvements to increase the efficiency and effectiveness of our reporting and analysis.

Credit Control

Responsible for working as part of a dedicated finance team recovering outstanding monies owed to the company.

Provide guidelines and establish company credit control policies, help the business controller to enforce internal control to protect corporate investment in accounts receivable.

Developed credit policies, initiated aggressive collection strategies, and stablished dialogues with 14+ outstanding accounts, which reduced receivable write-off by Rs.5Mn GWP.

Creating weekly premium outstanding reports and accounts information for sales departments.

Attending monthly debtor review meetings with sales staff/CEO/COO/CFO.

Giving accurate and timely advice to sales staff.

Establishing automated processes for credit approvals and policy cancellations in ERP system that reduced processing time by 50% while increasing accuracy by 99% via data validation.

Ensuring that premium collection within their credit limits.

Chasing debts by telephone, letter, email and when required personal visits.

Investigating and resolving customer queries and build good relationships with customers.
Implemented strategies to avoid cash misappropriation and frauds.

• Prepared and supported financial statements (BS, P&L) in line with statutory and company guidelines.
• Posted journal entries, maintained GL accuracy, and supported month-end and year-end closing.
• Reviewed incoming invoices against commission statements, ensuring compliance with company policies and
local tax regulations, and coordinated agent commission and payroll deductions with the Manager.
• Maintained fixed assets register and ensured PO approvals per internal controls.
• Coordinated with Operations and Marketing teams for payment authorization and validations.
• Delivered financial insights to management through analysis and reporting.
• Implemented process improvements to enhance reporting accuracy and efficiency.
• Developed and enforced credit control policies and internal controls.
• Reduced receivable write-offs by Rs. 5 Mn (GWP) by managing 14+ outstanding accounts.
• Participated in monthly debtor review meetings with CEO, COO, and CFO.
• Automated credit approvals and policy cancellations in ERP, reducing processing time by 50% and improving
accuracy by 99%.
• Ensured collections within approved credit limits and resolved customer queries.
• Strengthened controls to prevent cash misappropriation and fraud.

• Managed billing, invoicing, receipts, and AR reconciliations.
• Maintained

• Led and reviewed 10+ annual audits across manufacturing, trading, IT, construction, and various sectors.
• Conducted statutory audits and prepared annual and quarterly financial statements.
• Managed audit teams and resources to ensure timely completion.
• Provided recommendations to improve clients financial systems and controls.