Anuruddha Weerasekera

• Responsible for the day-to-day financial operations of the business and lead a small team of finance.
• Prepared annual financial statements in coordination with external auditors.
• Produced various management information reports to the Board by the deadline.
• Managed cash flows effectively by daily monitoring bank balances and debt collections and schedule payments accordingly.
• Tax planning, review tax computations and ensured timely submission of tax returns.
• Managed company vehicle insurances and lease facilities and liaised with external stakeholders.
• Reviewed debtors and follow up collections rigorously to improve working capital finances.

• Responsible for the day-to-day finance and administration operations of the entire business.
• Produced timely monthly management accounts for group companies.
• Finalized annual audits of group companies in coordination with the external auditors including preparing reconciliations and supporting schedules for the balance sheets.
• Provided various insightful management information to the management to aid strategic decision-making and involved in formulation of business strategies.
• Reviewed existing business processes, policies and procedures and strengthen them to improve the efficiency of the operations.
• Managed working capital funds effectively by daily monitoring cash/bank balances and then scheduled payments accordingly, monitoring debtors’ position on a daily basis and taking timely actions to recover past dues from debtors.
• Managed the credit control process by reviewing the existing sales discounts, credit limits and credit periods offered to the customers.
• Ensured timely settlement of Usance import bills.
• Negotiated with creditors on extending credit periods to optimize the working capital cycle.
• Computed all taxes including submission of tax returns on time.
• Prepared import costing for every shipment and calculated retail prices for the products.
• Monitored stock levels and maintained optimum level of stocks to avoid stock-out situations.
• Managed staff payroll including statutory benefits and maintained all staff correspondences.
• Maintained strong relationships with all external stakeholders such as banks, insurance companies, creditors and service providers.
• Negotiated with banks and insurance companies on negotiating favorable rates and better exchange rates for inward remittances.
• Attended to all administrative and HR affairs of the group.

• Lead the finance division of the parent company and was responsible for the financial operation of three subsidiary companies including two export-oriented manufacturing subsidiaries.
• Analyzed the profitability and costs of the manufacturing subsidiary including the market prices of raw materials and advise the management on strategy formulation.
• Prepared management accounts and annual financial statements for the parent and subsidiary companies.
• Prepared annual budgets and take action to minimize operational costs and overheads and also involved in product pricing and cost analysis.
• Maintained Custom bonded facility scheme (TIEP-I) for material imports and GRN clearance procedures and liaised with Customs and Ministry of Trade & Commerce for the renewal of the bonded scheme.
• Managed working capital funds effectively and negotiated with banks for overdraft/term loan facilities.
• Prepared shipping documents for export consignments and negotiated with banks over bill discounting.
• Handled group taxation and liaised with external tax consultants in the preparation of CIT Return.
• Implemented sound internal controls and procedures across all group companies.
• Handled factory wages of the manufacturing outfit including statutory benefits.
• Authorized all cheque payments and petty cash expenses.
• Liaised with all the external stakeholders such as auditors, Inland Revenue. Sri Lanka Customs, etc.

• Prepared timely management accounts with detailed analysis of variances.
• Prepared annual financial statements with all supporting reconciliations and finalized annual audits.
• Calculated taxes accurately and paid to tax authorities on time along with the tax returns.
• Handled the entire importation process of lubricant stocks including Customs clearance.
• Monitored the sales carried out by the local sales distributor and verified the accuracy of settlements, commission & contribution calculations computed by the sales distributor’s finance team.
• Calculated import costing for all lubricant items imported and issued dispatch notes for the lubricant consignment stocks which delivered to the local sales distributor.
• Ensured strict compliance with the terms and conditions of the local sales distributor-ship agreement and the agency agreement entered with the foreign supplier.
• Reported to regulatory body by-annually on mineral lubricant sales statistics.
• Maintained all transactions in Quick Books.
• Raised debit notes to the foreign principle for sharing advertising and promotional expenses and also to other associate companies in the group for sharing overheads.
• Monitored debt collection process and the performance of the debt collection agency and updated the management periodically.
• Negotiated with banks on import loans and overdraft facilities for working capital funding.
• Managed stocks, conducted random physical verification, reconciled physical stocks with system balances and sought approval for writing-off obsolete and damage stocks.

• As it was a start-up business, set up all systems and internal controls from scratch.
• Prepared monthly, quarterly and annual financial statements for the use of management and statutory filing
• Produced quarterly financial statements along with net capital position of the company to the regulator.
• Ascertained the market value of the client’s share portfolio at the time of on-boarding as well as off-boarding in order to compute the management fees and out-performance commission which are the two primary income sources for the company.
• Monitored daily cash flow position of the company and scheduled payments accordingly.
• Involved in the implementation of the investment portfolio management software system and liaised with the software developer throughout the design and development phase of the system.
• Invested short-term working capital funds in short term deposits and negotiated favorable interest rates on term deposits with financial institutions.
• Handled staff payroll including statutory employee benefits.
• Supported management with administration and HR related tasks.

• Responsible for the finance function of the building material division of the group.
• Prepared monthly management accounts with variance analysis.
• Produced various management information reports for management decision making purpose.
• Managed receivable and payable accounts.
• Stock control, reconciled stocks on regular basis and minimized stock holding cost.
• Scrutinized import documents for accuracy and processed them for establishing LC or Telegraphic payments.
• Kept a track on the settlement dates of DA bills and processed payments to suppliers in a timely manner.
• Verified the suppliers’ invoice against GRN and the purchase order and authorized the payment.
• Ensured accuracy of import cost calculations of inventory purchases.
• Prepared debtors aging report and followed-up for collections with the respective sales executives.
• Handled petty cash expenses and daily sales collections including banking of the same.
• Verified accuracy and completeness of transactions posted in the accounting system.
• Reviewed internal controls and introduced appropriate controls to mitigate risks.
• Performed administrative tasks such as handling staff attendance, overtime and stationery requirements.

• Prepared monthly management accounts for the inbound tour division and consolidated P&L statement.
• Prepared annual budgets and forecasts and managed cash flows carefully with the available bank facilities.
• Invested surplus working capital funds in short-term saving deposits and government treasury bills with financial institutions and negotiated with banks on favorable exchange rates for foreign inward remittances.
• Ensured that all tour invoices are timely raised upon completion of the tours and also proper rates were applied in arriving at the tour costs.
• Followed up on debt collections with the tour executives and periodically updated debtors’ position to the management.
• Computed taxes, filed tax returns on time and attended to the tax queries raised by tax authorities.
• Prepared supporting schedules and reconciliations for balance sheet and finalized annual audits of all group companies in coordination with external auditors.