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Candidate Details

Name :

Lasantha Sanjeewa Batuwita Walage
Qualification :
Group CFO
Industry :
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Candidate ID:
LW294
This candidate has been hired.

Group CFO

About our Client

A results-driven business operations leader with a proven track record of driving revenue maximization and market leadership across diverse industries, including Finance, Leasing, Hospitality, Banking, Manufacturing, Real Estate, and more. Expertise in business turnaround strategies, financial analysis, budgeting, forecasting, and cost management, with a focus on operational excellence and performance optimization. Skilled in implementing tax planning strategies, automating financial systems, and enhancing internal controls to streamline processes. Adept at building strong relationships with key stakeholders, formulating strategic policies, and delivering sustainable improvements in profitability, productivity, and cost savings. Known for exceptional leadership, analytical abilities, and a strategic mindset in aligning operations with organizational goals.

Achievements

ERP System Knowledge: Proficient in MYOB, AS400, In-Bank, Pro-Lease and SAP, with hands-on experience.

MIS Reporting & Documentation: In-depth knowledge of financial procedures, with a successful track record in efficient record keeping and MIS systems.

Profitability & Cost Analysis: Experienced in internal/regulatory reporting, budgeting & forecasting, GL accounting, AP process, cost, and profitability analysis of businesses & segments.

Leadership & Delegation: Strong leadership and delegation skills, as evidenced by successful project implementation.

Professional Experience

Group CFO

  • Commercial Oversight: Manage all financial and commercial aspects of the Asphalt, Ready-Mix, and Precast divisions, ensuring profitability and alignment with company goals.
  • Financial Planning: Lead budgeting, forecasting, and long-term financial modeling to support strategic growth and optimize financial performance.
  • Risk & Cash Flow Management: Identify financial risks, mitigate cost overruns, delays, and disputes, and monitor cash flow to ensure sufficient funding for operations and capital expenditures.
  • Capital Structure Management: Oversee debt and equity financing to support growth initiatives and maintain a healthy capital structure.
  • Team Leadership: Lead and mentor finance, accounting, and project commercial teams to drive performance and ensure alignment with company objectives.
  • Stakeholder Relations: Foster strong relationships with investors, lenders, and regulatory authorities to support business growth and maintain a positive corporate image.

CFO

  • Financial Reporting & Analysis: Prepare monthly balance sheets, P&L accounts, variance reports, budgeting, CAPEX controlling, and MIS reporting to ensure accurate financial tracking and performance analysis.
  • Business Unit Management: Oversee operations for three companies, including conceptualizing new entities, driving strategic growth and business development.
  • Strategic Leadership & Process Optimization: Provide financial direction, lead due diligence efforts, and reengineer processes to reduce operational tasks, resulting in significant savings in man hours and overall costs.
  • Operational Insights & Compliance: Conduct ongoing financial analysis, document operational processes, and ensure statutory compliance with regulatory authorities.
  • Financial Planning & Risk Management: Lead financial planning and analysis, cash flow management, investment portfolio strategies, and cost-benefit analysis, driving corrective actions for identified weaknesses.
  • Cross-Functional Project Leadership: Lead SME teams in assessing process maturity, performing gap analysis, and implementing process improvements to enhance key metrics and optimize working capital.

Head of Finance

I led financial forecasting, risk analysis, and tax resolution, managing a team of 17 while restarting operations and securing finance. I identified cost-saving opportunities, centralized accounts processes, and implemented tax structures across subsidiaries. By developing strategic financial plans, I ensured accurate reporting and restored the company’s financial health through negotiations with banks, suppliers, and agencies, improving internal controls and team morale.

Finance Manager

I prepared financial statements, budgets, and cash flow projections, driving alignment with business goals. Led growth strategies, optimized operations, and mentored teams. Managed a successful turnaround of the ready-mix business, achieving positive cash flow. Developed financial models for budgeting, forecasting, and performance tracking, while strengthening internal controls and supporting key projects at the Board level.

Other experience includes Group Finance Manager, Financial Consultant, Business Finance Manager, Group Finance Controller, Corporate Planning and Treasury Manager, Engagement Auditor and Finance Consultant

Education

MBA in Business Administration

Interests

Skills

Technical Skills

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