Shihan De Mel

• Developed and implemented financial strategies & improved debt collection to optimize cash flow management.
• Designed monthly financial reports to ensure accuracy and compliance with regulatory standards.
• Led budgeting processes, aligning departmental goals with overall financial objectives.
• Collaborated with cross-functional teams to enhance reporting systems and streamline financial operations.

Short term contract to prepare templates and liaise with divisional managers to prepare budgets for 27 divisions of the company

• Developed and implemented financial strategies to optimize resource allocation and improve profitability.
• Prepared budgets and financial forecasts.
• Analyzed financial reports to identify trends, enhancing decision-making and strategic planning.
• Supervision of AP/AR/Costing and Inventory management.

• Led financial reporting process to corporate HO in France to strict deadlines.
• Successful completion of year end process including annual audit.
• Preparation of comprehensive deferred tax calculation in consultation with external tax consultants.
• Preparation of Statutory Financial Statements and related notes.

• Full finance function including AR/AP, journals and reporting monthly to overseas HO.
• Led the year end audit for Australia and New Zealand.
• Foreign currency hedging through the Group Treasury.

• Established a new accounting system and migrated successfully.
• Analyzed monthly financial reports to ensure accuracy and compliance with regulatory standards.
• Responsible for liaising and providing information for the successful sale of product line to a German company and the sale of intellectual property to a Chinese company.
• Was involved in the acquisition of a business and integrating to existing business.

• Prepared monthly & quarterly financial statements and reports to strict time lines.
• Ensured compliance with Australian accounting standards and regulatory requirements.
• Managed general ledger activities, including account reconciliations and journal entries.
• Analyzed variances in financial data to identify trends and inform decision-making.