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Sachith Kumanayake (ACA, ACCA)

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About me
Senior Manager - EY FSO, Wealth & Asset Management
Education

Ananda college,colombo 10
1997 - 2010Accounting & commerce Business/Commerce, General
ACCA
-
ACCA
2024 -
Institute of Chartered Accountants of Sri Lanka
2012 -Chartered Accountancy Passed Finalist
ACCA
2024 -ACCA
Experience

EY
Dec 2011 - nowAudit Senior in Assurance - Wealth and Assets ManagementJob Responsibilities- Completion of EY's quality and risk management procedures- Demonstrate a thorough understanding of complex accounting and auditing concepts and apply them to client situations.- Demonstrating an understanding of how current and emerging legal, regulatory, governance, auditing, accounting, and financial reporting standards affect your clients.- Demonstrating effective financial management on all engagements, including developing and managing assignment budgets- Contributing to individual engagement planning- Development of risk-based work programs- Completing or overseeing the completion of work programs to US GAAP- Documenting and testing complex processes, risks, and controls- Reporting to Partners/Senior Manager containing all salient points arising from assignments- Participating in appropriate business development opportunities- Use technology to continually learn, share knowledge with team members, and enhance service delivery.- Keeping up to date with all industry-specific issues and circumstances affecting clients.- Assisting on proposals and other business development initiatives. Show less Financial Auditing and Advisory Services. Specialized industries – Banking and Finance, Education Service, Construction, , Manufacturing, Trading and Other Services.Job Responsibilities- Completion of EY's quality and risk management procedures - Demonstrating effective financial management on all engagements, including developing and managing assignment budgets - Contributing to individual engagement planning - Development of risk-based work programs - Completing or overseeing the completion of work programs to appropriate standards - Documenting and testing complex processes, risks and controls - Arranging and contributing to meetings to discuss risk and control findings - Developing draft reports - Reporting to Partners/Senior Manager containing all salient points arising from assignments - Participating in appropriate business development opportunities- Use technology to continually learn, share knowledge with team members, and enhance service delivery.- Demonstrate a thorough understanding of complex accounting and auditing concepts and apply them to client situations.- Demonstrating an understanding of how current and emerging legal, regulatory, governance, auditing, accounting and financial reporting standards affect your clients.- Keeping up to date with all industry specific issues and circumstances affecting clients.- Assisting on proposals and other business development initiatives.- Team management experience in a delivery focused and multi-disciplinary consulting environment- Coaching less experienced staff Show less Financial Auditing and Advisory Services. Specialized industries – Banking and Finance, Education Service, Construction, , Manufacturing, Trading and Other Services.Job Responsibilities- Completion of EY's quality and risk management procedures - Demonstrating effective financial management on all engagements, including developing and managing assignment budgets - Contributing to individual engagement planning - Development of risk-based work programs - Completing or overseeing the completion of work programs to appropriate standards - Documenting and testing complex processes, risks and controls - Arranging and contributing to meetings to discuss risk and control findings - Developing draft reports - Reporting to Partners/Senior Manager containing all salient points arising from assignments - Participating in appropriate business development opportunities- Use technology to continually learn, share knowledge with team members, and enhance service delivery.- Demonstrate a thorough understanding of complex accounting and auditing concepts and apply them to client situations.- Demonstrating an understanding of how current and emerging legal, regulatory, governance, auditing, accounting and financial reporting standards affect your clients.- Keeping up to date with all industry specific issues and circumstances affecting clients.- Assisting on proposals and other business development initiatives.- Team management experience in a delivery focused and multi-disciplinary consulting environment- Coaching less experienced staff Show less Financial Auditing and Advisory Services. Specialized industries – Banking and Finance, Education Service, Construction, , Manufacturing, Trading and Other Services.• Develop and maintain productive working relationships with client personnel and assess clients' satisfaction.• Proactively maintain contact with the clients throughout the year.• Supervise fieldwork daily, inform executives of the engagement status, and manage staff performance.• Adapt the audit approach to the changing client environment.• Demonstrate a thorough understanding of complex accounting and auditing concepts and apply them to client situations.• Develop people through effectively delegating tasks and providing guidance to staff. Provide performance feedback and training, and conduct performance reviews.• Foster an efficient, innovative, and team-oriented work environment. Contribute ideas/opinions to the audit teams and listen/respond to other team members' views.• Use technology to continually learn, share knowledge with team members, and enhance service delivery.• Maintain an educational program to continually develop skills. Develop an understanding of EY's service lines and actively seek/encourage team members to contribute ideas and identify opportunities to apply the firm's services. Show less Financial Auditing and Advisory Services. Specialized industries – Banking and Finance, Education Service, Construction, , Manufacturing, Trading and Other Services.Plan, execute and deliver assurance engagements.Prepare reports and schedules that will be delivered to clients and other parties.Develop and maintain productive working relationships with client personnel.Build strong internal relationships within Ernst & Young Assurance and across other services locally as well as cross border.Coach, supervise and conduct performance review and contribute to performance feedback for staff.Advanced Application of IFRS's in complex environments.Thorough knowledge on consolidated financial statement preparation and disclosures Show less Financial Auditing and Advisory Services. Specialized industries – Banking and Finance, Education Service, Construction, , Manufacturing, Trading and Other Services.-Participate in executing complex audit procedures in assurance engagements.-Prepare reports and schedules that will be delivered to clients and other parties.-Develop and maintain productive working relationships with client personnel.-Build strong internal relationships within Ernst & Young Assurance and across other services locally as well as cross border. Show less
Senior Manager
Oct 2024 - nowSenior Manager
Aug 2022 - nowManager
Oct 2020 - Aug 2022Audit Senior
Nov 2018 - Oct 2020Manager
Oct 2016 - Oct 2018Assistant Manager
Oct 2015 - Sept 2016Audit Supervisor
Apr 2015 - Oct 2015Audit Senior
Apr 2014 - Apr 2015Audit Trainee
Dec 2011 - Apr 2014
Licenses & Certifications

Certified Professional Accountant
CPA BermudaOct 2020
CA Sri Lanka - Certified Accountant in Accounting and Business
Institute of Chartered Accountants of Sri Lanka
Languages
- enEnglish
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