Rakshana Poonith Ramkhelawon

Inventory

• Conduct detailed analysis of budgeted versus actual expenses and revenues in terms of Stock provision.
• Inventory management process involving booking and reporting.
• Stock provision, accrual, and right of return E2E process.
• Implement controls to ensure efficiency of Inventory revaluation and collaborate with stakeholders for accuracy of data.
• Perform monthly balance sheet reconciliations for Inventory accounts.
• Manage internal, group, and external audit queries concerning Inventory movement.
• Project Finance - Deals booking in terms of FX gain or loss.

Accounts Receivable

• Monitor and manage accounts receivable aging report, ensuring timely collection of outstanding balances
• Review and verify accuracy of invoices and ensure they are sent to clients promptly.
• Follow up with clients to obtain payment commitments and resolve payment discrepancies
• Maintain accurate and up-to-date customer records, including contact information and payment history
• Collaborate with stakeholders to quickly resolve any client billing issues
• Prepare and distribute monthly statements and invoices to clients.
• Assist with monthly and year-end closing activities, including reconciling accounts receivable balances.
• Streamline processes while enhancing efficiency with PBI reports. - Work on visuals enhancement to identify key risks and opportunities.
• Allocate customer payments accurately and timely in accordance with company procedures.
• Exchange Rate booking and revaluation reports.
• ECL preparation and booking under IFRS 9 guidance.
• Provide regular updates and reports to management regarding the status of audit queries and any identified trends or areas of concern.

• Process and record invoice payments, ensuring that they are applied correctly.
• Analyze and evaluate debt portfolios to identify potential risks and opportunities,
• Negotiate payment plans and settlements with debtors, aiming to achieve optimal recovery rates.
• Review and verify invoices and payment requests with approval for both local and external vendors and analyze and categorize expenses to ensure proper allocation and reporting.
• Reconcile monthly bank statements and general ledger accounts.
• Monitor outstanding invoices and payments, following up with clients as necessary mainly in terms of Invoice Financing - MCB Factoring.
• Analyze financial data and trends to create accurate budget forecasts and monitor budget performance and provide recommendations for improvement.
• Conduct variance analysis and provide commentary on financial performance and collaborate with stakeholders to ensure financial objectives are met.
• Monitor inventory levels and ensure accuracy through regular cycle counts and reconciliations and coordinate with purchasing and logistics departments to ensure timely and accurate receipt of goods.
• Analyze historical data and trends to forecast future inventory needs and make proactive adjustments.
• Coordinate and manage movement of goods and materials from suppliers to distribution centers and/or customers.
• Plan and schedule shipments to meet customer demands and delivery timelines.
• Collaborate with sales team to understand their needs and provide data-driven solutions.
• Assist in preparation of financial reports to management and external stakeholders.

• Process sales invoices accurately and efficiently.
• Perform monthly account reconciliations for various financial accounts.
• Develop and implement cash management strategies to optimize our organization's cash flow and liquidity.
• Manage relationships with banks, lenders, and financial institutions to negotiate favorable terms and conditions for loans, lines of credit, and other financial transactions.
• Deal with multiple banks for Exchange rates for international payment.
• Prepare and review financial reports, including cash flow forecasts, variance analysis, and banking reconciliations.
• Maintain accurate records of all financial transactions and ensure compliance with relevant regulatory requirements.
• Conduct financial risk assessments and recommend strategies to mitigate risks concerning projects and new products launch in local market.
• Calculate and distribute employee salaries, wages, and bonuses.
• Manage all aspects of the import process, including obtaining necessary import permits and licenses
• Monitor shipment schedules and track inventory levels to meet customer demand.
• Prepare and process payment runs and reconcile accounts payable transactions.
• Prepare and send out monthly statements to customers and generate and analyze aging reports, identifying and addressing overdue accounts.
• Implement measures to optimize inventory management processes and coordinate with vendors to ensure timely replenishment of stock
• Reduced financial risk by implementing robust internal controls.
• Utilized financial software to prepare consolidated financial statements.
• Streamlined financial processes for increased efficiency and accuracy in reporting.

• Processed invoices and payments in line with company policies and procedures.
• Streamlined accounts payable processes by implementing efficient invoice tracking and payment systems.
• Tracked customer invoices to facilitate prompt and accurate payments.
• Developed reports for management, highlighting key findings from account reconciliations.
• Monitor inventory levels and forecast demand to ensure adequate stock levels.
• Identify slow-moving or obsolete inventory develop strategies to minimize and liquidate excess stock and collaborate with purchasing and logistics teams to ensure accurate and timely delivery of inventory.
• Assist in preparation of final accounts, ensuring accuracy and compliance with relevant regulations and standards.
• Assess the financia viability and creditworthiness of potential clients and recommend appropriate financing solutions - CIM Finance Facilities and Rogers Capital Ltd.