KRISH DE SILVA

As a seasoned finance professional with over 13 years of experience across trading, manufacturing, logistics, retail, and wholesale sectors, currently lead Business Performance and Financial Reporting at Thomas Foods International Australia. Expertise spans Analyzing and Driving Business Profitability , financial reporting, ERP system implementations, and business performance improvements. Have successfully led major projects, including company mergers, ERP transformations, and automation of financial processes, resulting in enhanced operational efficiency and profitability. A CPA Australia and CA Sri Lanka member, Committed to delivering financial excellence and contributing to strategic growth within dynamic, fast-paced environments.

• Oracle
• SAP
• IFS
• MYOB
• Xero
• Clear
• Power BI
• Power Query
• Power Pivot
• Macro

Business Performance & Financial Reporting Manager - Thomas Foods International Australia

Business Performance Management 

• Collaborate with senior management to develop and implement financial strategies that support the company’s overall goals and objectives
• Establish and track key performance metrics to monitor business performance and identify areas for improvement
• Conduct scenario analysis and financial modelling to support strategic decision-making and risk management
• Oversee the maintenance and improvement of financial systems and software to ensure data accuracy and efficiency
• Develop and implement cost control measures to improve profitability and operational efficiency
• Work with Senior management on New Business Projects and Capital Projects
• Work with Business Development Consultants to achieve Product Margins and Conduct Product costings and Yeild Periodically
• Work closely with New Product development team and oversee the Product code creation process
• Analyse Customer Margins through Weekly Monthly and Quarterly Reporting
• Review and Modify Pricing Products based on margin expectations and Market Fluctuations
• Develop customer tiers to ensure we are meeting expectations per Tier
• Review and Approve Customer Pricing Groups and Manage National Customer Contract Pricing
• Continuous Improvement of Business Processes and Systems
• Provide training and development opportunities for finance team members to enhance their skills and knowledge

• Financial Reporting Management
• Prepare and Review Monthly Board Reporting
• Support Senior Management on Annual Budgeting Conduct Quarterly and BI Annual Forecasting
• Review Completeness and Accuracy of EOM Financial Reports done by National Accountant
• Oversee AP/AR Functions
• Oversee All Customer and Financial Reporting Ensure the Timing and accuracy of Reports prepared by the Business Analyst
• Work as Finance Business Partner with SBU Managers providing insights and information on their weekly and Monthly performance with their KPIs and Budgets

National Accountant - Thomas Foods International Australia

• Preparation & Review of company-wise financial statements and consolidated financial statements and cash flows of 3 companies
• Support CFO in annual Company / Divisional budget preparation Process.
• Deliver customized financial/Managements reports to the top management for strategic business decision purposes
• Central point of communications with the divisional managers to discuss their monthly P&L vs Budgets.
• Central point of contact with other business divisions with regards to formulation of business processes and policies, internal controls and make sure stakeholders comply accordingly and report any deviations to the top management
• Update stakeholders with changes in reporting standards and tax changes which impact the organization
• Handle annual financial audit and coordinate with external auditors on related matters
• Weekly Cash flow forecasting and manage funding based on the forecast.
• Preparation of State wise and Divisional Profitability Reports Managing Weekly and Mid-month Forecasted Profitability statements
• Preparing Balance sheet reconciliations, profit and loss variance analysis and provide explanations for such variances to the top management Continues Development and Preparation of Weekly Operational KPI Reports
• Coordinated the month end process of the company with all interstate divisions and operation managers for a smooth closure of monthly financials
• Monitoring functions of Accounts payable and receivable activities.
• Management of the fixed asset register
• Performing Monthly Payroll tax and BAS Calculations and lodgments with annual reconciliations Preparing annual FBT and income tax schedules for the group tax division Work with Group tax team to finalize Annual Tax returns

Accountant - Accolade Wines Australia

• Responsible for preparation of management reports for the Quarterly Capex Board Meeting
• Coordinated with Multiple business unit managers with in Australia and Outside the country in related to Capex requirements for smooth execution of Capital expenditure review and approval process
• Prepared the capital expenditure Budgets and cash flow and depreciation forecasts of 6 countries.
• Evaluate Capital projects based on investment appraisal techniques.
• Liaise with external auditors in related to Capital expenditure and fixed asset queries.
• Managed Annual Fixed asset verification of all locations in global scale Ensure that depreciation is correctly calculated on a monthly basis for all companies.
• Responsible for the integrity of fixed assets and the asset values (review expenses to be capitalized).
• Liaise with the IT and software consultants regarding system performance to ensure the systems ongoing adequacy and integrity and continuous improvement.
• Monthly monitoring, reporting and review of capital expenditure, budget vs approved vs actual.
• Assist with the preparation of annual and strategic capital plans

Finance Manager - Aitken Spence

• Review of company wise financial statements and consolidated financial statements of the 6 companies of the sector
• Preparation of monthly forecasted financial statements of the segments
• Handled month end and Mid-month management reporting meetings
• Deliver customized financial/Managements reports to the top management for strategic business decision purposes
• Preparing accounts for new projects implemented by directors and provide fort night update on the progress
• Managed a team of 12 finance people to complete the Oracle ERP upgrading including finalizing chart of accounts, Reconciling all control accounts/registers and data migration
• Coordinated the month end process of the company with all inter divisions for smooth closure of the financial statements on 3rd working day
• Handled annual audits of all 6 companies and finalization of the audit report on the group deadline
• Monitored the functions of the credit control division including debt collection and identifying possible risk areas and major issues related to the outside debtors
• Communicating and taking relevant actions with division heads and the top management
• Responsible for the formulation of Standard operating procedures, accounting policies, internal controls and make sure stakeholders comply accordingly and report any deviations to the top management
• Preparation/Review of Standard costing analysis for jobs performed by SBUs
• Handled monthly debtor review meetings
• Monitored daily functions of the invoicing team to assure timely delivery of the invoices to the customers
• Monitor labour cost of each SBU and identify major deviations compared to standard labour costs and inquire explanations from the division head
• Preparation of import costing for imported spare parts for the vehicle fleet
• Evaluation of investment appraisals on capital expenditure and prepared business proposals to uplift the productivity of the business
• Resolving and recommending solutions to the day to day operational issues and supporting reconciliation process of identified issues
• Introduced sales management and invoicing system replacing manual books to Container hiring division
• Coordinating with the Financial Shared services and group IT divisions to carry out day today financial and operational related activated smoothly.

Accountant – DSI

• Preparation of individual monthly financials, Mid-month financial statements and annual financials and deliver customized financial/management reports for strategic decision purposes
• Preparation of variance analysis for Budgeted Income statement and actual income statement and provide explanations to top management
• Monitor and coordinate the month end process of the company with all island wide locations for smooth closure of the financials on 4th working day
• Managed AP,AR,Inventory, functions and prepared Balance sheet Recs, Bank recs, POS Recs, Other General Ledger reconciliations of the IFS ERP system
• Reviewed monthly financial transactions including accruals and journals
• Handled monthly management reporting meetings
• Review import costing for imported shoe brands Ex – Fila,Puma,Reebok,Clark
• Preparation of Quarterly, yearend forecast with the annual budget and inform inefficiencies and process improvements required to achieve the yearend target to the senior management
• Review of price lists for trade items based on the standard costing calculations
• Played a key role in implementation of ERP system from the point of selecting vendors to the point of “Go Live”
• Assessing the impact of changes to existing accounting standards and communicating to the respective stakeholders so that financial reporting does not deviate from the guidelines
• Responsible for the formulation of business processes, accounting policies, internal controls and make sure stakeholders comply accordingly and report any deviations to the top management
• Review/Preparation of SBU Wise and Sub SBU profitability for over 250 Sub SBU’s of the company
• Management of the fixed asset register, Leased rental register
• Monitoring debtor recovery and Continuous reviewing of island wide debtor meetings and provide monthly updates to the senior management
• Maintain the consumer finance database and updates in CRM
• Coordinate time to time issues with sales divisions
• Handle the annual financial audit and coordinate with external auditors on related matters and finalization on the group deadline
• Handling VAT (similar to BAS), WHT, ESC (Similar to IAS), corporate tax and other statutory taxes with relevant authorities
• Evaluation of investment proposals, marketing proposals and Advertising Campaigns
• Monthly/Quarterly Planning and implementing of cost reduction procedures on SBUs.

Senior Audit Analyst – KPMG

• Plan and perform financial audits leading an audit team to meet both client and firm objectives within the stipulated time frame
• Complete audit engagement workings in E – Audit software
• Preparation financial statements in accordance with IFRS
• Review and investigate client’s business processes and internal controls in accordance with IAS and report on improvements to the client Management
• Plan and perform Review/Assurance engagements on financial statements, review internal controls in accordance with relevant frameworks
• Review and re-computation of corporate income tax and advice on strategic tax planning
• Communication and coordination with clients and hands on experience in staff handling, report writing, negotiation and project management
• Industry Analysis and Business risk assessment
• Assessing impacts of changing regulatory arrangements and policies to the client business
• Research on market including sector trends, impact on industries and customers
• Managing annual Inventory verifications and fixed asset verification engagements leading a large team of junior auditors for mid and upper scale organizations
• Providing accounting support for due diligence and tax assignments
• Advising clients on the introduction and interpretation of new and existing accounting standards, both local and international
• Evaluation of investment proposals, Business valuations using investment appraisal techniques
• Analyzing and interpretation of financial statements and Company agreements with different parties
• Perusing of board minutes and relevant company forms and articles of the company
• Liaison and co‐ordination with client management, assurance partner and audit managers, risk management and tax divisions to ensure effective accomplishment of tasks assurance engagements
• Preparation of cost budgets for training conducted by the firm.