Lasantha Sanjeewa Batuwita Walage

 Preparing monthly balance sheets, monthly closing activities, profit and loss account, variance reports, budgeting, capex controlling and MIS reporting
 Managing the Business Units for 3 Companies, conceptualization of new Companies, Marinetech & Contratech International Trading
 Providing strategic financial direction & leadership, performing due diligence of companies/processes, steering processes transitions, reengineering existing process, reducing tasks involved & making process lean, resulting in significant savings in man hours & overall cost
 Generating insights about the business through on-going and ad-hoc analysis of operational performance, documenting financial/operational processes and procedures for addressing divisional requirements, maintaining statutory compliance with various regulatory authorities
 Performing financial planning & analysis, Cash Flow Management, Investment portfolios and other impact analysis, creating procedures for protecting and controlling assets, conducting cost-benefit analysis, budgets variances and identifying areas of weakness and corrective measures and thereupon financial and management reporting
 Spearheading SME Teams in the collaborative exercises to assess the maturity of RTR processes, identified regional variations in how common processes are performed during transition (gap analysis phase), conducting comparison against best practices and how world class companies operate
 Steering cross-functional projects with Operational Teams and jointly conducted end-to-end diagnostics to identify potential value leakages in the upstream and downstream processes impacting working capital, designed & proposed an actionable plan for the improvement of the key metrics
 Designing & implementing financial plans & systems as well as policies & procedures to facilitate internal financial control, designing and driving the long-term, annual, short-term financial and operating plans consistent with corporate philosophy and strategies for business optimization

 Formulated rolling forecasts for cash flow, profit & loss projections for review by management, undertook risk and return analysis and sensitivity analysis for the short and long-term
 Resolved pending legal, statutory, direct and indirect tax cases and ensured a fresh start to operations, arranged finance facilities for the re-commencement of business, administered Head Office and Branch Accounts staff around 17
 Identified opportunities for improvement and cost savings & supported cost saving initiatives (reviews to provide transparency), controlled & monitored credit & managed IT division
 Spearheaded direct & indirect taxation implementation, implemented effective structures for subsidiaries, led the centralization of accounts payable/receivable and synergized the benefits for the Oman Operations under Dubai Group
 Made the development of annual and long-range plans which links business strategies to operational plans and the expected range of financial results, assured timely & accurate recording of all financial transactions in line with organizational requirement
 Articulated & implemented strategic growth plans, managing profitability & corporate business goals, provided leadership across financial & accounting functions, made recommendations to the board while setting up objectives in line with organizational objective
 Restored financial health of the company through the following initiatives
o Drove detailed health check up on compliances relating to VAT for an efficient structure
o Established a working relationship with bankers, suppliers and workers, negotiated settlements and restructuring financial liabilities with bankers, suppliers, statutory agencies, and so on
o Prepared presentations of projects and feasibility reports for submission to banks in order to avail term loan and working capital assistance
 Established consistent and appropriate business practices, enhanced controls for credit risks, and built staff/supplier morale at a time of financial distress, instituted controls, and teamwork

 Drafted financial statements, business activity reports, financial position forecasts and annual budgets, managed & improved financial transactions according to the financial objectives and annual budget, drafted & presented annual budgets and aided company ownership in establishing yearly cash flow projections
 Headed the development, communication & implementation of effective growth strategies & processes, collaborated with the management team to develop and implement plans for operational infrastructure of systems, processes, and personnel designed to accommodate the rapid growth objectives of organization
 Engaged mentoring, supported & motivated the team and promote their development and integration into the positive values and culture within the organization, planned assessing skills, values, and knowledge of the team as per the standards that apply to their role as an individual and team
 Supervised direct reports, established daily work priorities, facilitated training on internal processes & procedures, and coached personnel to ensure achievement of objectives
 Focused on turnaround plan for ready-mix business as acting General Manager where business succeeded with breakeven and positive cash flow
 Worked on key financial projects that drive the improvement, including but not limited cost analysis models and capital projects, drove financial performance and operational optimization, led the Logistics and Transportation annual and long-term planning process
 Developed & supported financial models and other analytical tools to help in addressing business needs including budgeting, forecasting, performance tracking and results analysis
 Evaluated internal control systems/procedures, prepared audit reports with a view to highlight the shortcomings and implemented necessary recommendations
 Participated in ad hoc projects - often at Board level - to support the growth of the company, architected Company’s financial strategy and strengthened operations

• ¬Help Olanka travels for accomplishment of financial objectives by assessing financial situation; developing and presenting financial strategies and plans; monitoring changes in financial status and life circumstances

 Fund Planning & Management - identified cash flow shortfall & bridged the gaps, discussed cash flow excesses with Direct Supervisor and recommended investment opportunities
 Established Accounting Systems and controls to ensure proper budgetary controls over expenses and kept within forecasts, reviewed and prepared revised annual business plans and forecasts
 Piloted business process transformation for attaining enterprise objective & required growth with deployment of planned strategies
 Provided financial leadership to protect the interest of the shareholders and acted as single point of contact to advise on the financial status & risks of the company from a trusted source
 Evaluated new customers and recommended credit limits and periods for customers above LKR 7 Million, managed & controlled statutory obligations
 Prepared & paid salaries of all Executives & Managers while conforming to EPF/ETF/PAYE and other statutory regulations’ signed cheques within limits communicated in writing
 Ensured continuous monitoring of exports sales and import purchases as per hedging of currency risk and maximizing profits, ensured adequate forward bookings as per company policy and forex market outlook
 Negotiated with debtors & creditors, ensured peaceful settlement of disputed issues leading to zero bad debts and zero legal cases
 Formulated annual budgets and conducted variance analysis to determine difference between projected & actual results and implementing corrective actions

 Provided support to CFH (Commercial & Finance Head/Acting MD) in monitoring working capital KPI’s and to ensure receivables and overdue levels were per agreed targets
 Increased bottom line by increasing revenue, gross margins, optimizing and rationalizing indirect overheads, maximizing return on capital employed
 Helped Omasco Automotive operations to achieve quarterly the net profit target as stated within the financial budgets
 Helped CFH in Review and action on compliance and internal audit matters and ensure an on-going mechanism in place for adherence to procedures
 As applicable, ensures the Group’s compliance with Government regulations and statutes, and applicable internal policies and procedures to ensure safe and sound business operations, recordkeeping, and the proper disclosure of required financial, operational, and management information

• Development of the strategic direction for and administration of investment, funding, hedging, and liquidity management strategies:
• Oversee all treasury activities including banking, investment, derivative management, debt issuance, and liquidity management. Ensures the strategies comply with relevant statutes, regulations, and policies including the Risk Management Policy guidelines and Treasury Department procedures.
• Ensure that in-depth testing of internal information technology systems is conducted, as required; to assist other departments improve information technology usage and capabilities.
• Supervise assigned personnel, allocates work and makes decisions regarding employment, performance appraisals, training and development, salary recommendations, promotions and transfers.
• Oversee all sales efforts to market products and services to the clients and potential non-client customers. Also responsible for developing and implementing related sales and marketing strategies to enhance the value of membership through an effective consultative sales approach.
• Keep abreast of current market and industry issues, regulations and policies, and maintains relationships with the dealer community, regulators and industry trade groups.
• Contribute to strategic planning, supports corporate initiatives, and keeps abreast of critical issues in other divisions/groups.
• Direct and oversee the divisional managers in their area of responsibility including all duties and accountabilities as identified in the yearly departmental goals and objectives, while effectively managing expenditures and annual budgets.
• Keep abreast of current market and industry issues, regulations and policies, and maintains relationships within the community, and industry trade groups.
• As applicable, ensures the Group’s compliance with Government regulations and statutes, and applicable internal policies and procedures to ensure safe and sound business operations, record keeping, and the proper disclosure of required financial, operational, and management information.

• Administration of Head office and branch accounts staff.
• Ensure the accurate and timely preparation of financial, management and expense accounts for interpretation by the AGM - financial accounting & Control.
• Fund Management (Supervision of Cash flow, Managing Investment unit, Make fund arrangements as Bank loans, Securitization etc.)
• Representation of Finance department for meetings (Development meeting, central committee meeting etc.)
• Being a main player (Consultation & execution) of change over procedure of new software system. (INBANK to PROLEASE & PROFINANCE)
• Presentation of various kind of management reports for decision making process and being a part of decision-making process.
• Supervision of management accounts, tax issues ( VAT, Income tax, ESC etc.), All kinds of reconciliations (Bank and other)
• Assigned as first signatory for all cheques and promissory notes and other documents.
• Evaluation and recommendation of new products designed by the marketing (Leasing & Investment) department before launching.
• Evaluation of the feasibility of new products and projects proposed by sales and other departments using investment techniques.
• Heading the finance department of the company.

Performance of assurance examination on organizations in a wide range of industries, based on IFRS, IAS, other rulings and regulations in State of Qatar - Strong forecast on Financial Services.

• Administration of Head office and branch accounts staff.
• Ensure the accurate and timely preparation of financial, management and expense accounts for interpretation by the AGM - financial accounting & Control.
• Fund Management (Supervision of Cash flow, Managing Investment unit, Make fund arrangements as Bank loans, Securitization etc.)
• Representation of Finance department for meetings (Development meeting, central committee meeting etc.)
• Being a main player (Consultation & execution) of change over procedure of new software system. (INBANK to PROLEASE & PROFINANCE)
• Presentation of various kind of management reports for decision making process and being a part of decision-making process.
• Supervision of management accounts, tax issues ( VAT, Income tax, ESC etc.), All kinds of reconciliations (Bank and other)
• Assigned as first signatory for all cheques and promissory notes and other documents.
• Evaluation and recommendation of new products designed by the marketing (Leasing & Investment) department before launching.
• Evaluation of the feasibility of new products and projects proposed by sales and other departments using investment techniques.

Performance of assurance examination on organizations in a wide range of industries including Manufacturing Apparels, Trading, Banks including Commercial and Savings, Hospitals, Hotels, Charities, Software development firms and stock Brokering Firms.

This involved planning and controlling the audit work, guiding and supervising subordinates and ensuring timely completion of audits. Responsibilities and the experience include the following.


• Preparation of Financial Statements based on the information provided by the client.
• Evaluation of internal controls to ensure that the system functions effectively.
• Overall in-charge for audits of large clients including multi-national companies of different industries and directly responsible for proper planning, conduct and timely completion of field work.
• Preparation of various types of reports to management and audit report to the shareholders evaluating accounting system and operations of the client.
• Preparation of consolidated financial statements according to the regulatory and semi-regulatory requirements in Sri Lanka
• Preparation of audit strategies.
• Performance of book keeping assignments.
• Performance of Internal audit assignments.
• Engaged in One year out sourced assignment with Standard Chartered Bank Colombo

Heading the finance department and the work included but not limited to preparing monthly and annual accounts, yearly Budgets, periodic reports for the management and dealing with banks.

Performance of assurance examination on organizations in a wide range of industries including Manufacturing Apparels, Trading, Banks including Commercial and Savings, Hospitals, Hotels, Charities, Software development firms and stock Brokering Firms.

This involved planning and controlling the audit work, guiding and supervising subordinates and ensuring timely completion of audits. Responsibilities and the experience include the following.


• Preparation of Financial Statements based on the information provided by the client.
• Evaluation of internal controls to ensure that the system functions effectively.
• Overall in-charge for audits of large clients including multi-national companies of different industries and directly responsible for proper planning, conduct and timely completion of field work.
• Preparation of various types of reports to management and audit report to the shareholders evaluating accounting system and operations of the client.
• Preparation of consolidated financial statements according to the regulatory and semi-regulatory requirements in Sri Lanka
• Preparation of audit strategies.

Performance of assurance examination on organizations in a wide range of industries including Manufacturing Apparels, Trading, Banks including Commercial and Savings, Hospitals, Hotels, Charities, Software development firms and stock Brokering Firms.

This involved planning and controlling the audit work, guiding and supervising subordinates and ensuring timely completion of audits. Responsibilities and the experience include the following.


• Preparation of Financial Statements based on the information provided by the client.
• Evaluation of internal controls to ensure that the system functions effectively.
• Overall in-charge for audits of large clients including multi-national companies of different industries and directly responsible for proper planning, conduct and timely completion of field work.
• Preparation of various types of reports to management and audit report to the shareholders evaluating accounting system and operations of the client.
• Preparation of consolidated financial statements according to the regulatory and semi-regulatory requirements in Sri Lanka
• Preparation of audit strategies.