Udara Udayanga

Experience

• 

  Softlogic Finance PLC

  Aug 2009 - May 2012

  Accounts Officer

  • Handful experience in Bank Reconciliation, Cheque Writing, Treasury Management, etc.

• 

  Cinnamon Hakuraa Huraa Maldives

  May 2012 - Oct 2016

  Accounts Receivable Officer

   Maintain up-to-date billing system, Generate & send out Incoices. Follow up and collect the payments, monitor customer account details for non-payments, delayed payments and other irregularities and perform accounts reconciliation. Preparing AR Reports to the management and review AR aging. Research and resolve payment discrepancies & customer queries. Preparing Green Tax Report for MIRA Preparing Bank Reconciliation. Analyzing Trans Maldivian Airways Invoices and preparing for Payments. Performed General Cashiering & Pay Master, Cost Controlling, and Book Keeping functions when required. Assist with Month–end closure. Show less

• 

  Milaidhoo Island Maldives

  Nov 2016 - now

   Working as the second in charge of the Finance Department Performing month end closing with all accrual and prepayment journals. Providing accurate financial information, management accounts and data analysis. Ensuring that strong financial controls and procedures are in place. Finalizing monthly profit and loss and presenting to management team. Analyzing components on the expenses, identifying reasons, and taking actions tocontrol after discussing with the management. Preparing monthly profit and loss forecast for the three months and take requireddecision to achieve budgeted GOP and maximizing revenue and cost savings. Also,maintain the forecast accuracy of +/-5% with actual results. Preparing monthly cash flow forecast and ensuring supplier payments, bank loaninterest, land lease rent and Tax Payments paid on time mean while managing limitedfunds for ongoing CAPEX projects. Preparing monthly owners reports including reasons for variances against the budgetand last year, dividend forecast. Preparing all monthly balance sheet reconciliations. Conducting review Meetings with Directors. Analyzing Food and beverage revenue generation and directing F&B team for upsellingto generate upselling. Analyzing other operating department revenue generation and directing possibleupselling. Monitor stock levels and perform inventory reconciliations. Handling annual audits (Internal & External) Interpreting cash flows and predicting future trends. Review Statutory payment such as TGST, GST, Income Tax, WHT, Green Tax etc. Handling and resolving financial queries at the resort level. Managing and developing the finance team. Show less • Perform financial analysis and reporting to management as needed.• Perform month-end accounting activities such as reconciliations and journal entries.• Coordinate with finance team to complete assigned accounting tasks within deadlines.• Analyze financial discrepancies and recommend effective resolutions.• Monitor expenditures, analyze revenues and determine budget variances and report the same to management.• Respond to accounting inquiries from management in a timely fashion.• Assist in budget preparation and expense management activities for assigned accounts.• Assist in auditing activities by providing necessary information and preparing requested documentations.• Monitor and record financial transactions according to company policies and regulations. Show less

  • Chief Accountant

    Jan 2022 - now

  • Assistant Chief Accountant

    Jan 2018 - Dec 2021

  • Accounts Receivable & Payable at Milaidhoo Island Maldives

    Nov 2016 - Dec 2017