CHAMARI MUDANNAYAKE

· Preparation of annual Budget

· Preparation of rolling forecast

· Monthly variance review (Budget/forecast vs actuals)

· Month end closure including journal posting for allocated cost centres

· Preparation of accurate financial reports on monthly basis for management to review

· Monthly preparation of reconciliations and submission for approval and identify and risks or opportunities for balance sheet items.

· Assisting cost centre managers by providing financial information and support to carry out day to day financial activities in the system

· Updating monthly management pack for Ltd and European entity

· Maintenance of standard costing system

· Product costing for existing manufactured items and new products

· Review of bills of material and routing make items and provide recommendation for improvements

· Preparation of weekly and monthly KPI reports for management review

· Assist in SOX audits, report and documentation for internal and external auditors

· Performing UAT testing for new system implementations

· Train and guide cost centre managers, junior finance team members and non-financial staff in relation to financial management

· Provide ad hoc analysis as required by management

· Month-end financial reporting for different business units

· Preparation of monthly management and Inventory pack

· Weekly and Monthly KPI reporting

· Monthly balance sheet reconciliations

· Quarterly forecasting

· Assisting budget process

· Monthly variance analysis (Budget/forecast vs actual)

· SOX audits, report and documentation

· Provide support and information to non-financial staff of the business including production staff,

planners, product engineers

· Representative of finance in cycle counts and stock takes of the company

· Analysing cost profitability of new product developments

· Stock movement analysis and reporting

· Process review and system improvements.

· Audit support.

· Month-end financial reporting and profit and loss statement review

· Financial year budgets

· Quarterly rolling forecasts

· Maintaining standard COGS model by updating standard cost in the system

· Complete monthly variance analysis by division with key explanations for variances including recovery variance, production variance, labour variances, variable and fixed cost variances

· PPV analysis and update

· KPI reporting

· Develop strong business partnering relationships with managers and staff in Operations resulting in being seen as a valuable and sought out member of the business team

· Finance representative for cycle and physical stock counts

· Review inventory transactions and reconciliation of raw material, WIP and finished goods

· Complete monthly reconciliation of specific balance sheet accounts

· Implement and improve system processes and documentation

· Ensure accuracy and timeliness of Operation Department’s group results and reporting

· Complete product costing for new product development projects as well as participate in the NPD process for selected product groups, including attending project meetings and sourcing of information from different departments.

· Provide support in addressing audit issues promptly.

· Post profitability review of projects

· Month end reporting for multiple manufacturing sites

· Budgeting and forecasting including setting of factory rates ,recoveries and recharges

· Provide labour, variable and fixed cost analysis

· PPV and freight variance analysis

· Stock revaluation and amortisations

· Prepare accounting journals for manufacturing, inventory valuation, balance sheet and COGS and manufacturing P/L for factory cost centres

· Prepare other management information as necessary e.g. Weeks cover, MTD recoveries, inventory by planner, other KPI reports

· Monthly /Budget Cost roll-ups

· Material usage reports and labour efficiency reports

· Prepare monthly balance sheet reconciliations (Inventory/sub contract)

· Determine quarterly obsolete and slow moving provisions (SLOB), identifying adjustments as required.

· Provide information, advice and general support to factory managers on all financial/costing information and participate in monthly production meetings

· Capex reporting for operational cost centres

· Company SIP claim lodgement and follow up process

· Prepare cost reports for cost stimulations and what if scenarios to minimise product cost

· Participate in stock take and cycle count and investigation of stock variances

· Identify ways to improve reporting processes

· Review and report all research and development cost for marketing cost centres

· Assisting budgeting and forecasting

· Product costing for new and existing products

· Month end reporting for all production cost centers

· Monthly balance sheet reconciliations

· Spend and recovery cost analysis and explanations

· Variance analysis (usage, production and overhead)

· PPV analysis and update standard cost in the system

· Management reporting (production/Inventory/weeks cover/)

· Material usage variance analysis

· Reconciliation of inventory movements in the system according to physical stock counts

· R&D cost reporting

· Process improvements and new reporting requirements

· Monitoring BOMS and cost updates

· Variance analysis (Price/Usage)

· Assisting budgets and rolling forecast

· New Product Costing and profitability analysis

· Preparation of Weekly/Monthly/Quarterly Inventory reports

· Monthly management reporting

· Inventory and other balance sheet reconciliations

· Accrual and reconciliation of third party accounts/Royalty payment

· Reconciliation of freight accruals

· Monitor Claims on Vendors transactions and follow up and ensure all

claims processed and paid by vendors

· Producing monthly production reports for all states

· Perform various data integrity checking on a daily/weekly basis as required by data integrity

schedule

· Participate in SAP training sessions

· Assisting budgeting and forecasting

· Monthly management reports for overseas reporting unit

· KPI reporting

· Cash flows and PBIT analysis

· Set up BOMS and standard cost update in the system

· Balance sheet reconciliations and identifying any potential risks or opportunities

· Variance reporting with commentary for deviations

· Month end reporting for multiple production units

· Participate in monthly stock takes and reporting on stock variances

· Performing Management Audits of the company

· Monitoring stock movements in the system and inventory reporting

· Liaise with Production, Merchandising , Planning and Shipping

· Labour efficiencies and down time analysis

· Providing costing for locally manufactured finished goods

· Participate in monthly operational meeting and providing any adhoc reporting for analysis