Saroj Ranathunga

Saroj Ranathunga

Followers of Saroj Ranathunga213 followers
location of Saroj RanathungaColombo District, Western Province, Sri Lanka

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  • Timeline

  • About me

    C-Level Turnaround Growth Strategist Optimizing Strategic Operations & Finance Business Partnering | 25+ Years’ Experience in Large-Scale Listed & Private Group Companies from the Manufacturing & Trading Industries

  • Education

    • Lumbini College, Colombo - 05.

      -
      Primary Education
    • AAT Sri Lanka

      2005 -
      Senior Member
    • Institute of Chartered Accountants of Sri Lanka

      -
      FCA - Fellow Member of CA Sri Lanka Accounting and Finance FCA 4696
    • ACCA

      2023 -
      Professional Member Accounting and Business/Management
    • Dudley Senanayake Central College

      -
      Secondary Education
    • Institute of Certified Management Accountants of Sri Lanka (CMA)

      -
      FCMA - Fellow Member
    • University of Southern Queensland

      2010 - 2012
      MBA Finance Special Finance, General
    • University of Sri Jayewardenepura

      1995 - 1999
      Bachelor of Commerce (B.Com.) Finance Special Accounting and Finance
  • Experience

    • Brushco (Private) Limited

      Sept 1999 - Mar 2006

      ✅ Reduced finance costs and sharpened financial controls by designing and implementing a new forecasted cash flow model that optimized capital allocation.✅ Spearheaded & initiated change throughout the organization by setting KPIs, measurement & tracking progress to ensure sustainable improvements.✅Coordinated with Non-Financial Managers to improve compliance with internal controls, working capital position, & Risk Management.✅Headed the finance department which consists of four team members. Show less

      • Accountant

        Apr 2001 - Mar 2006
      • Accounts Executive

        Sept 1999 - Mar 2001
    • Phoenix Industries

      Apr 2006 - Dec 2020

      🔥 Headed the finance department with 15 team members including the finance manager and 2 accountants.✅ Achieved double-digit sustainable growth in profitability and marked improvements in working capital management, process efficiency, and operational costs.✅ Transitioned and provided strategic leadership to drive performance excellence by introducing financial business partnering discussions with the production team and other key functions.✅ Streamlined IT department strategy for the company and execution of the IT road map.✅ Provided leadership for the MIS team, consisting of 5 team members including the IT/software manager. Show less ✅ Reinvigorated and improved operational and financial excellence by optimizing financial systems, financial reporting, financial analysis, treasury management, internal controls, regulatory compliance, budgets, and forecasts.✅ Advised & recommended best financial practices to MD & Group Financial Director of key financial issues that need to be discussed with the Board.✅ Sharpened company policies regarding capital requirements, debt and equity, disposals, acquisitions, etc.✅ Crafted & executed cost optimization strategies & established an effective cost model that resulted in cost efficiencies and savings. Show less

      • Head of Finance

        Apr 2014 - Dec 2020
      • Finance Manager

        Apr 2010 - Mar 2014
      • Accountant

        Apr 2006 - Mar 2010
    • Dankotuwa Porcelain PLC

      Feb 2021 - now
      Chief Financial Officer - Porcelain Cluster

      🔥 I've done it for my employers and can do it for YOUR BUSINESS. ✅ Reengineered and created a process-driven, high-performing culture by minimizing several non-value-adding processes.✅ Streamlining long-range business planning, annual budgeting process and reporting on actual performance against the budgets set.✅ Championed & sharpened the overall finance function of the two companies including reporting requirements of the public listed companies.✅ Providing overall leadership for the finance departments of two companies under the porcelain cluster, which consists of 20 team members including 4 Accountants.✅ Successfully negotiated with banks, tax departments and other government organizations concerning compliance with regulatory issues and ethical financial operations.✅ Pioneered to launch comprehensive cost optimization and financial restructuring initiatives, which successfully increased profitability amidst volatile global market conditions. ✅ Enhanced decision-making and operational agility by crafting new financial reporting frameworks & internal control systems that provide deeper insights into cost drivers and revenue streams.✅ Improved & optimized pricing decisions of all the sales channels.✅ Spearheading the IT team which consists of 5 team members including the IT/software manager.✅ Crafted & executed analytical framework to promptly determine, model & rectify intricate business issues.✅ Leveraged and successfully executed sales and manufacturing process changes and high-level operational decisions.✅ Simplifying, reviewing & approving statutory accounts for the company including the consolidated financial statements. Show less

  • Licenses & Certifications

    • Masterclass Series on Demystifying SLFRS S1 - General Requirements for Disclosure of Sustainability-Related Information & SLFRS S2 - Climate Related Disclosure

      Ernst & Young Global Consulting Services
      Aug 2024
  • Volunteer Experience

    • Member

      Issued by The Institute of Certified Professional Manager on Oct 2008
      The Institute of Certified Professional ManagerAssociated with Saroj Ranathunga