Accountant
Landmark Group
Total des années d'expérience :12 years, 6 Mois
Landmark Group is one of the largest retailer in MENA and South Asia consists of 2000 outlets with 30 Million Square feet of retail space. Centrepoint® Home Center®, Max®, and Iconic® are the most reputed brands and “Sukran” loyalty program. As a part of KSA operation my roles and responsibilities are;
• Handled $ 11.4 M monthly regional store overhead budgets and ensured store level expenses were well managed. Further, abnormal overheads were identified, investigated, and reported to management via variance analysis report.
• Accurately presented new/renovation stores feasibilities using NPV, IRR and ROI tools with sensitivity analysis
• Managed to slash warehouse casual labour cost budget by 5% via robust compliance checks at LMG
• Achieved 10% optimization in LMG transportation cost by standardizing the vendor contracts
• Ensured annual Admin and Selling and Promotional budgets did no carry inefficiencies.
• Controlled new and renovation store CAPEX budget amounting to $ 12M and reported the cost overruns.
• Ensured timely capitalization of Fixed Assets and dash boarded fixed asset MIS to senior management.
• Assisted the preparation of monthly accounts and the book closure
• Streamlined store operations through the Audit of loss prevention guidelines and operational manuals of the group.
• Performed process analysis, and communicated recommendations to management in POS sales controls, inventory management, store physical security, customer handling and non-trading stock operations.
Cool Planet is the one of the leading fashion retailers in Sri Lanka catering fashion needs of all age groups. Six stores are situated across the country and generated the annual revenue of $ 15M. The blended tasks from finance and audit consisted following responsibilities;
• Reviewed the Daily Sales Reconciliation prepared by the stores and controlled abnormal transactions i.e. cashier shortages, manual GV transactions, and cash deposit delays.
• Investigated stock take variance and negative stocks. Discussed with various stake holders to minimize shrinkages and recommended action plans.
• Monitored the stock mix between back-store and the retail floor which amounted to $ 1M each store.
• Implemented Fixed Asset register worth $ 25M across stores, warehouse and Office.
• Drafted the risk assessment matrix for Cool Planet Fashion retailers
PwC is one of the Big Four audit firms in the world. In its Sri Lankan operation, it provides professional services to various Blue Chip companies varying from manufacturing, resorts, hotels, banks, insurance, and government bodies. My roles and responsibilities were;
• Identified the finance and the operational control measures by discussing with various process owners of the clients
• Drew process flow of the various function using MS Visio flowcharts for easy identification and obtained the confirmation from process owners
• Evaluated the client’s process by using PwC’s Risk based audit programs and noted control weaknesses and inefficiencies.
• Reported the audit finding to client’s process owners as well as audit manager in order to conclude the findings.
• Finalized the internal audit issues based on the risk and impact, and recommended appropriate mitigating/eliminating action plans.
• Ensured audit timeline were met by allocated task among team members and monitored the out come