Ashani Jayarathna

• Company Overview: Kokoda is a Property Developer specializing in luxury residences in all most desired locations around Australia. Kokoda Property has delivered Over $1.5B luxury residential projects and has an annual revenue over $250M.
• www.kokodaproperty.com.au
• Prepare and distribute Weekly Director’s Report and Monthly Management Reports & Board Pack (End of Month)
• Review, manage and deliver Monthly Management Accounts for Kokoda Property Group and consolidated Financial Statements.
• Review, manage and deliver company secretarial report for Kokoda Property Group, which includes commentary on:- Company secretarial- Security Position- Company register (ASIC)- Risk Register- POA Register- Claims/demands- Insurance
• Preparation of annual overhead budget for Kokoda Property Group
• Preparation of project budgeting (at the commencement of new projects)
• Review and approve monthly accounts for payment
• Manage and review monthly drawdown from the Bank to suppliers
• Review, approve & execute JV monthly drawdowns, in conjunction with the development team
• Lead the 4 people finance team of AP Officer, Project Accountant, Financial Accountant and Finance Business Partner
• Review and manage the company’s payroll
• Review Feasibilitites and Identify budget variances, cashflow/funding shortfalls.
• Maintenance and management of the company internal and external reporting calendar(weekly/monthly/annually) ensure all reporting are completed on timely manner.
• Responsible for and the improvement of the accounting , payroll and e-banking systems.
• Review tax lodgements, including liaising with ATO and external accountants.
• Ensure compliance with financial statutory obligations
• Input into ensuring appropriate legal structures are in place
• Involvement with tax planning

Achievements:

Set Up New Architecture Entity in the business and co-relative Strategy

Assited in setting up new Fund Management Entity in the business and the processes

Assisted to Identify cashflow shortfalls in the business

Liaise with funding partners and valuers with the absence of the General Counsel and the Director of Capital and Acquisitions

• Company Overview: Lambert Capital is a $150M+ mortgage fund providing property construction loans to experienced family offices & high net worth individuals
• Www.lambertcapitalfinance.com
• Oversight of the day-to-day financial accounting, including managing the general ledger integrity and resolving issues expeditiously
• Review manual journal posting and manage the completion of timely and accurate reconciliations and exceptions reporting
• Provide technical leadership on all Finance and Enterprise Projects and manage technical accounting matters including preparation of accounting papers, advice and external/internal audit matters
• Lead the monthly group and local reporting ledger close and completion of all group reporting requirements
• Responsible in the preparation of fund reports (including BAS) monthly, quarterly, and annually; month/year-end financial statements and tax reporting; monthly loan statements for Borrowers; interest/fees calculations owing to Investors & Fund Manager; and investor capital calls and monthly distributions
• Lambert Capital is a $150M+ mortgage fund providing property construction loans to experienced family offices & high net worth individuals
• Www.lambertcapitalfinance.com

• Company Overview: Allaf Property is a dynamic, innovative and solutions orientated property development and investment company creating high quality commercial, retail, residential and social infrastructure projects across Victoria
• Www.allafproperty.com.au
• Supporting Acquisition team on due diligence and Construction team on tendering processes
• Providing acquisition advice by modeling acquisition feasibilities using the Estate master suite of development products (DF, DM & CC) and Scenario Analysis on JV, Hold, sale strategies
• Review feasibilities with the Business Development and construction teams to ensure commercial objectives are achieved
• Review of lease and construction agreements and provide necessary communication to all departments
• Review QS reports, analyze monthly claim breakdowns inc
• Variations and provide proof of cost to the fund facilitators
• On a monthly basis prepare updated forecast reports reflecting cost to date and completion values in DM and reconciliation to project actuals in XERO (50+ projects in the portfolio)
• Oversight and responsibility of the month end process including the completion of the General Ledger and Balance Sheet reconciliations
• Develop and Issue monthly management reports with financial and non-financial indicators
• Completion of commentary around variances to budget and forecast
• Providing commentary and analysis around the performance to the management team
• Produce multiple sensitivity and scenario analysis on investment and funding requirements and provide recommendations through the life cycle of the projects
• Maintain monthly long term CF reporting for the group and provide base-forecast info for the short-term CF
• Building and maintaining the project & group budget and drive awareness in the business on irregularities and trends
• Reviewing of financial and statutory reporting (BAS, PAYG, Payroll tax)
• Overseeing the rolling tax forecast and the settlement related land tax, CGT, Stamp duty calculations and journals
• Liaising with external accountants on tax matters and financiers on debt financing
• Managing the integrity of the financial entries by leading two Accountants to post entries on cost transfers and adjustments
• Providing financial advice on investments and leading the process improvement projects to increase the finance department performance and efficiency
• Assist the CFO on settlements and to drive business strategy
• Allaf Property is a dynamic, innovative and solutions orientated property development and investment company creating high quality commercial, retail, residential and social infrastructure projects across Victoria
• Www.allafproperty.com.au
• Managed to produce and implement monthly reporting pack to the Stakeholders
• Managed to put internal controls on internal processes by introducing supporting software to enhance the efficiency
• Managed to identify errors in internal processes, advised corrective actions and minimized the losses in the future investments
• ($300-$500K per project)
• Innovation and transformation of the existing processes and functions across Financial Accounting and Reporting
• Prepare budgets and forecasts to support operational and financial transparency
• Responsibility for ensuring compliance including income tax, GST, PAYG, Payroll Tax, etc
• Management of short-term and long-term cash flows
• Ongoing Credit Analysis and Loan Management of construction projects/processing monthly drawdowns & utilizations
• Providing accurate and timely responses to queries raised by external advisors and internal stakeholders (including Board/Shareholders)
• Strategic planning and business development management alongside the board of directors and investment committee

• Company Overview: Salvo Property Group is a fortune 500 company operating as a leading real estate developer and manager, committed to creating affordable luxury apartments in quality landmark buildings in apartments worth more than $1.5 billion
• Www.salvo.net.au
• Perform the day-to-day processing of the accounts payable to ensure that financial information of the organization is maintained in an effective manner
• Responsible for raising invoices for customers of 10+ entities in the group for rentals, outgoings and ensuring annual CPI adjustments and rental increments are carried out according to the lease agreements, keep track of the on-charging costs such as Utility usage, OC Fees, Land Tax, Contingency Levies and Council Fees on time and payments received is monitored and controlled effectively
• Facilitate and complete supplier, customer, bank and credit card reconciliations
• Assist Group accountant and trust accountant on end of financial year audit requirements
• Responsible for periodic tasks such as BAS, Payroll Tax, Super Clearing House payments
• Responsible for on-boarding of the new employees and accurately prepare payslips and payment files for 100+ staff payroll on each fortnight
• Maintain the Fixed Asset Register for four entities and process and calculate depreciation every month
• Salvo Property Group is a fortune 500 company operating as a leading real estate developer and manager, committed to creating affordable luxury apartments in quality landmark buildings in apartments worth more than $1.5 billion
• Www.salvo.net.au
• Managed to get electricity cost of $20K waved off which was owed and not been billed for two years due to not having an account in place and also managed to recover $40K refund, which was overseen for half year by continuous follow up

• Company Overview: JP Flynn builders is a leading reconstruction company, which occupied 150+ employees, as a turnover over $50 Million per annum and engages with leading clients in the insurance industry such as Comm insure, RACV, Coles, QBE & AAMI
• Www.jpflynn.com
• Prepare and administer the ledger, including day-to-day processing of invoices, Processing EFT and Credit card payments
• Generate and administer purchase orders as required using Pronto ERP System
• Handle Creditor queries and ensure payments are processed within stipulated trading terms after the approvals
• Liaise with suppliers, project administrators and divisional heads to solve disputes and discrepancies
• Prepare, process, and provide supporting documentation for various month end journals
• Assist payroll tasks such as reviewing and processing time sheets and AR team on invoicing
• JP Flynn builders is a leading reconstruction company, which occupied 150+ employees, as a turnover over $50 Million per annum and engages with leading clients in the insurance industry such as Comm insure, RACV, Coles, QBE & AAMI
• Www.jpflynn.com
• Became star of the month after one month of commencement for the fast-working abilities

• Company Overview: DMS is Registered Migration Agent is an entity working directly with the Australian Department of Immigration and Border Protection helping businesses and individuals to obtain the most suitable visa with an annual revenue of 15-20 million
• Www.destinymigrations.com
• Responsible for AP and AR on a Multi-currency software (WAVE)
• Systematically preparing financial documents and assembling financial statements for independent auditors
• Preparing and maintaining journal entries and ledger accounts using SAASU
• Assisting in Preparing quarterly BAS/GST returns
• Monthly reconciliation of all balance sheet accounts, preparation and maintenance of depreciation schedules and Fixed Asset Register
• Preparing fortnightly payroll (for about 10 employees including casual and permanent staff)
• Performing daily and monthly credit card, bank, petty cash reconciliations
• DMS is Registered Migration Agent is an entity working directly with the Australian Department of Immigration and Border Protection helping businesses and individuals to obtain the most suitable visa with an annual revenue of 15-20 million
• Www.destinymigrations.com
• With strong and persuasive interpersonal and communication skills, succeeded in recovering old debts

• Company Overview: Wijeyeratne & Co is one of the top five Chartered Accounting Firms providing a comprehensive range of services in accounting, auditing, taxation, management consultancy and company secretarial services, in Sri Lanka
• The organization has a total staff in excess of 125
• Www.wijeyeratne.com
• Performing audit assignments of private and non-government organizations
• Performing accounting work for New Zealand clients utilizing Xero accounting software
• Collaborating extensively with auditors during preliminary and year end process
• Reviewing financial statements and tax audits for corrections and compliance
• Wijeyeratne & Co is one of the top five Chartered Accounting Firms providing a comprehensive range of services in accounting, auditing, taxation, management consultancy and company secretarial services, in Sri Lanka
• The organization has a total staff in excess of 125
• Www.wijeyeratne.com
• Completed the workload of the Audit department before the due date and as a result the contract was extended