Sushantha Hettiarachchige

*Carrying out consultancy services for accounting, finance, internal audits, external audits, and other operational matters.
* Support for strategic management decisions to Top Management
* Support for streamline the internal control environment and internal controls to the group of companies.
* Deal with banks and other institution on financial and operational matters.
* Other duties and tasks.

* Monitoring Cash Flow forecast and managing the working capital of the
Company to meet financial liabilities promptly and ensure the cash inflows to the
business on time.

* Reviewing and Monitoring Preparing rent income and expenses budgets and
perform the comparison between actual results and budgeted figures on periodical
manner.

* Monitoring all accounts staff workings and guided them with proper directions to
ensure accurate business transaction process, recording, analyzing, summering
and finalizing.

* Monitoring and reviewing bank reconciliation statements preparation periodically
and ensure that all bank transactions are properly recognized and recorded to the
accounting system on proper time including the cash transactions also.

* Ensure that all rent income received by cash are properly captured and
evidencing by raising the receipts vouchers and getting the payee’ signature and
properly accounting the system.

* Verifying and vouching all business transactions related documents prior to their
initiation and after executing, reporting and approving them prior to Managing Director’s approval.

* Preparing budgeted Profit and Loss Account, Budgeted Balance sheet, and various
managerial reports.

* Monitoring all the monthly reports including monthly P/L, Balance sheet, cash
flow statements to present for the Management approval.

* Worked with Top Management of the Company to perform “SWOT” analysis on
all real estate business activities.

* Supporting to review all existing operational and financial process of the company
to develop effective and sound internal controls system over them.

* Monitoring rent payables vendors and other suppliers handled by the Assistant
Accountants and ensure those prompt payments to them and negotiate with suppliers to get concessionary payment plans and cash discounts on early payments etc.

* Review all the rent contracts with the customers and ensure that all rent income
are properly calculated and recognized to the accounts on a timely basis and perform variance analysis on rent income monthly and highlighted to the Management for significant variance observed.

* Monitoring all accounts receivables by verifying customers' statements and
reconciliation with company’s customers’ ledger accounts on monthly wise. If any
deviation exists, try to resolve it by analyzing the causes affected for such
deviations.

* Ensure and follow up with rent receivables customers to collect all due rent
receivables promptly and if any issues exist, trying to resolve and ensure the
collectability of all dues.

* Monitoring and finalizing monthly maintenance expenses analysis and perform
variance analysis reports and submitting the Management.

* Preparing various letters and documents for government department’ approval like
municipality attestation request letters prior for renting the buildings.

* Dealing with the bank on arranging short term bank facilities, bank transfers and
other transactions.

* Worked with the external auditors on annual audit engagements and ensure that
completeness and accuracy over-drafted financial statements prepared by
Auditors until getting the finalized audited financial statements.

* Ensuring the dealing with insurance companies and other institutions.

* Preparing various managerial reports and “ad-hoc” reports requested by the Top
Management as the case may be.

• Preparing the monthly Profit and Loss account and highlighting the important variances
and Deviation to the Director of Operation.
• Ensure that all accounts receivable transactions are recorded in compliance with QMA’s
accounting procedures and the IFRS.
• Oversee the AP & AR period-end close including accounts analysis.
• Ensure that the AP, AR books of account are kept up-to-date and that accounting
transactions are properly checked and reviewed to ensure accuracy of records.
• Allocate work to employees, conduct performance reviews and manage leave and overtime
in coordination with the Director Finance to ensure efficiency of the Department.
• Review and monitoring the salaries for staff.
• Reviewing and monitoring the various managerial reports related to Food and Beverage
Section and Restaurant

Administering the preparation & reporting of monthly financial results in strict compliance to Accounting Policies in accordance with reporting deadlines.
Ensuring compliance with statutory authorities, audit requirements and maintaining integrity of accounting system & processes.
Designing & implementing systems, policies & procedures to facilitate internal financial & process controls & cost management.
Supervising accurate filing of returns for timely completion of assessment and filing of returns for Income Tax.
Performing review of new projects and suggested project amendment/reforecast.
Forecasting the working capital requirement and ensuring effective allocation of cash resources by supervising activities related to placement of funds with optimal returns.
Steering significant improvements in accuracy and timeliness of cash management and reporting.
Conceptualised & designed accounting system encompassing preparation of Petty Cash Book, Prime Entry Books, Cash Book, General Ledger, Journal Ledger, Inventory Records & maintenance of Fixed Asset Register
Creating well-designed budget and financial analysis including forecasts, year-end close review and variance analysis to measure and evaluate the financial success of the organization
Facilitated completion of external Audit by external auditors.
Reviewing financial statements such as Trial Balance, Profit & Loss A/c, and Age-Wise Accounts Payables, Receivables Statements and Balance Sheet and rendering monthly management reports.
Monitored the entire team and recruited new staff for the company.
Prepared and forwarded recommendation notes with ratio analyses on the financial viability of new hotels business to senior management
Verifying the monthly bank reconciliation prepared and checking all LC Correspondents from any LC opening point to the end.
Verifying and monitoring monthly inventory reconciliation.
Monitoring all the accounting records and procedures related to the building constructing division.
Verifying and approving all payment vouchers, receipts vouchers and journal vouchers.
Guided project manager for best use of project coding consisting of PFS, KPI and its implication/financial impact

•Maintaining and monitoring all project related accounts including current accounts, retention accounts, advances accounts, working progress accounts and income accounts.

•Lead the accounting team in moving from legacy accounting systems to ERP accounting System and responsible for all aspects of implementation of the new systems.

•Verifying and approving all payment vouchers, receipts vouchers and journal vouchers in the ERP system and responsible for day today problems solving in ERP system and assist to assistant accountants.

•Handle fixed asset management.

•Handle closing of books on monthly, quarterly and yearly basis.

•Dealing with Internal Auditors and External Auditors.

• Monitoring and reviewing the accounts payables.
• Assist to Finance Manager for preparing and reviewing budgets, revenues, expenses, payroll entries, invoices and other accounting documents.
• Handling cash flow management with multiple bank accounts.
• Verifying the accuracy of LC related documents, Telegraphic transfers documents, advance payment guarantee applications and other various bank related documents prepared by assistant accountants prior to the Finance Manager ‘Approval.

* Carried out wide range of external audits.
* Performed accounting assignments.
* Carried out internal audits for some clients as special engagements.
* Provided consultancy services for clients on tax issues, implementing new accounting packages, feasibility studies etc.

Tax Assistant
Audit Assistant
Audit Senior
Audit Supervisor
Senior Internal Auditor-Internal Audit Division

* Carried out wide range of audits to many clients in different business fields.

* Performed accounting assignments on contract basis.

* Performed internal audits on assignment basis.

* Prepared audited financial statements and review for
partners approvals.

* Supported for tax planning to clients, prepared and submitted various types of tax returns, handling the tax issues on behalf of clients etc.