Nusri Shamsedeen

- Design and Implement a new meaningful platform for the corporate planning and budgeting process for the company.
- Preparation of annual budgets and presentation to the Management of the company.
- Analysing financial performance for the medium and long-term business planning/forecasts
- Preparation of the medium and long term business planning / forecasts.
- Analysing and presenting key performance indicators of the organization to the management and board of directors.
- Monitoring Departmental KPI of the organization and reporting to the management and the departmental managers for further process improvement.
- Designed & implemented a traffic light monthly performance evaluation dashboard for the management for decision making and performance improvement.
- Designed & implemented a meaningful financial evaluation platform for the organization to support and evaluate key business decisions.
- Evaluation of information systems and suggesting improvements where needed.
- Preparation of predicted cashflow statements for the management and corporate office for future cash requirements.
- Providing professional judgement on financial matters and advising on methods to improve business performance.
- Providing a support service by working with all departments and the management team to assist in making financial decisions.
- Interpreting and communicating financial data to non-financial managers.
- Motivating and guiding subordinates, providing technical assistance.

Tree Top Hospital is the only tertiary hospital in Maldives with international standards which started its operations in March 2018 with the aim of transforming the healthcare landscape of the Maldives. It is a subsidiary of the biggest corporate group in Maldives As the Manager Finance my responsibilities are

- Lead the Company’s Finance & Accounting functions during the pre and the post opening phase.
- Lead the Company’s Supply Chain functions during the pre and the post opening phase.
- Lead the Company’s Revenue Assurance functions during the pre and the post opening phase.
- Led the team to develop medium and long term planning and decision making for the company, by analysing the shareholder and business requirements and tailoring the strategy according to business specifics and developing tools and teams to successfully delivering strategic planning and monitoring.
- Lead the CAPEX approval process and planning strategy of the Company
- Setting the Financial Policies and SOP’s of the organization and implementing the same through effective process flow mapping to cover all aspects of the business.
- Preparation and presentation of corporate plan & budget for the company and
- Implementation of all information systems of the organization and effective integration to the finance software by tailoring the software according the company’s and market dynamics with the assurance of financial risk to the company is mitigated.
- Decision making on financial matters of the day to day operation of the organization.
- Controlling of costs through the implementation of strategic procurement and continuous monitoring of expenditure against budget.
- Analysing and presenting key performance indicators of the organization to the management and board of directors & monitoring its performance on a frequent basis.
- Managing Relationships with key stakeholders for the organization.
- Responsible in preparation of monthly financial reports and other ad-hoc reports required by the group company.
- Responsible in preparation & presenting of monthly Board papers and board presentations.
- Implementing corporate governance procedures, risk management and internal controls in the organization.
- Managing Company’s cashflow through predictive cashflow statements, effective working capital management and stakeholder negotiations.
- Providing professional judgment on financial matters and important decisions for the improvement of the overall business and its operation.
- Providing of training and support to non-financial managers through Interpreting and communicating financial data improve control of departmental performance and one-to-one coaching sessions and presentations.
- Motivating and guiding subordinates, providing technical assistance when required.

Lanka Hospitals is the most accredited private tertiary care hospital in Sri Lanka with the vision to serving its nation with highest quality affordable healthcare service. Lanka Hospital is awarded with JCIA, MTQUA, and awarded with the CAP for its state of the art laboratory facility. The company has a turnover of around LKR 6 Bn (USD 50mn). As the Management Accountant of Lanka Hospitals my responsibilities were

- Design and Implement a new meaningful platform for the corporate planning and budgeting process of the company.
- Preparation of annual budgets and presentation to the Management of the company.
- Preparation of the medium and Long term business planning / forecasts.
- Analysing financial performance for the medium and long-term business planning/forecasts
- Analysing and presenting key performance indicators of the organization to the management and board of directors.
- Monitoring Departmental KPI of the organization and reporting to the management and the departmental managers for further process improvement.
- Designed & implemented a traffic lighted weekly performance evaluation dashboard for the management for decision making and performance improvement.
- Designed & implemented a meaningful financial evaluation platform for the organization to support and evaluate key business decisions.
- Designed & Implemented a CAPEX approval process which includes meaningful financial feasibility studies for major capital expenditure.
- Monitoring and evaluating financial information systems and suggesting improvements where needed.
- Preparation & presentation of monthly Board presentations & board papers.
- Providing professional judgement on financial matters and advising on ways of improving business performance.
- Advising on the financial implications and consequences of business decisions
- Providing a support service by working with all departments and the management team to assist in making financial decisions.
- Interpreting and communicating financial data to non-financial managers.
- Implementing corporate governance procedures, risk management and internal controls.
- Be always informed in all industrial changes and provide and advise management on the implications on the business.
- Leading the three time silver award winning team of the best Annual Report of the healthcare sector.
- Motivating and guiding subordinates, providing technical assistance.

Lanka Hospitals is considered to be the most accredited private tertiary care hospital in Sri Lanka with the vision to serving its nation with highest quality affordable healthcare service. Lanka Hospital is awarded with JCIA, MTQUA, and awarded with the CAP for its state of the art laboratory facility. As the Assistant Manager Revenue Assurance of Lanka Hospitals my responsibilities were,

- Identifying and Reporting of system weakness, security lapses in areas which revenue is captured and introducing new controls to mitigate weaknesses.
- Managing the tariff and costing department of the organization.
- Designed & Implemented a meaningful costing and pricing module for effective pricing decisions.
- Performed a comprehensive capacity utilization study of the organization to optimize the capacity utilization of equipment and instruments and developing a module to report on a periodically. The conclusion of the study identified many revenue leakages and make new marketing strategies to improve utilization.
- Performed space utilization study of the hospital to optimize the space utilization of the hospital premises. The suggestions made through the study was instrumental to identify non-revenue generating space and free up space to increase 40 additional hospital in patient rooms.
- Suggesting ways to improve the system of internal control, procedures, policies, method of keeping accounts in conformity with the accounting standards and best practices.
- Suggesting ways of improving efficiency, effectiveness and economy of the financial operations of the company.
- Handling the billing operations of the organization ensuring accurate and transparent billing (for a period of 1 year during the absence of a billing manager). Improved the customer satisfaction of the billing department to 84% from 72% during the 1-year period.
- Being a part of the task force of the implementation of the new ERP system for the company.
- Involvement in implementation of International Standardized Operating Procedures for the Finance functions of the company.
- Motivating and guiding subordinates, providing technical assistance.

KPMG Sri Lanka is a part of KPMG Global, as an Audit Supervisor at KPMG Sri Lanka my responsibilities were,

- Assist the client’s management in evaluating operating controls, guidelines and processes and ensure that such controls are adequate, functional and in adherence to industry standards, regulatory requirements and corporate policies.
- Assist in overseeing the annual audit plans, evaluate budgets, time requirements and allocate proper resources.
- Supervision and management of audit teams to ensure smooth completion of assurance and related services at an optimum level.
- Ensure that employees follow generally accepted auditing standards when reviewing operating controls, policies and processes.
- Analysis of company’s external and internal environment to identify potential strategic business risks and financial statements implications
- Review staff work, follow up with management on significant control problems and issue reports to the client’s management and audit committee.
- Review of audit work papers and other special reports, and provide guidance and feedback to audit teams on their performance.
- Assign tasks and responsibilities to employees based on competencies, seniority, technical knowledge and experience.
- Liaison and co-ordination with client’s management, assurance partners and managers, information and risk management divisions and tax divisions to ensure effective accomplishment of tasks in assurance engagements.
- Review and ensure proper presentation of financial statements for compliance with local and international including IAS & IFRS.
- Review and conduct of audits in accordance with IAS’s and KPMG audit methodologies.
- Compilation and review of consolidated financial statements and annual reports of listed conglomerates.
- Exposure in insurance, banking, finance, manufacturing, apparel, healthcare, plantation, logistics, shipping industries and retail.
- Organize training sessions for audit associates and audit supervisors and conduct annual performance evaluations for staff.

KPMG Sri Lanka is a part of KPMG Global, as an associate at KPMG Sri Lanka my responsibilities were,

- Be a part of the audit planning
- performing system studies of different functions of audit clients
- planning audit methodologies with the audit supervisor
- performing analytical studies to understand changes in the industry and the business
- Performing substantive testings
- Record audit findings that were identified during the audit process
- Conduct Meetings with Different stakeholders of the audit clients
- Participate in annual stock counts of audit clients