NUWAN SILVA
Financial Controller
Phnom Penh
Summary
Financial Controller with 18+ years of progressive experience across multinational environments in Cambodia, Sri Lanka, and Seychelles. Expert in financial management, regulatory compliance, taxation, budgeting, and strategic business partnering. Proven ability to streamline operations, strengthen internal controls, manage cross-functional teams, and support organizational growth. Adept in ERP systems including MS Dynamics NAV, QuickBooks, AS400, ClearView, SYMEX and others, with strong working knowledge of IFRS and GAAP.
Overview
21
21
years of professional experience
2
2
Languages
Work History
Financial Controller cum Head of Operations
HGB CV CO., LTD
07.2024 - Current
- Oversee all financial, accounting, and operational functions for HGB CV and HGB Heavy.
- Lead sales and aftersales operations, ensuring alignment with financial objectives.
- Deliver monthly, quarterly, and annual financial reports with full compliance to regulatory and tax requirements.
- Manage cash flow, A/P, A/R, payroll, expenses, and reconciliations.
- Lead month-end closing with strict deadline achievement.
- Strengthen internal controls and implement process improvements for financial transparency.
- Drive budgeting, cost optimization, and vendor contract negotiations.
- Administer Cambodia tax filings (E-Filing) and coordinate audits.
- Develop high-performing finance teams and support strategic decision-making.
- Led financial reporting and analysis, ensuring compliance with regulations and enhancing decision-making processes across departments.
- Streamlined operational workflows through process improvements, resulting in increased efficiency and reduced operational costs.
- Implemented budgeting strategies that aligned departmental goals with financial objectives, contributing to overall organizational growth.
- Supervised cross-functional teams to enhance collaboration and optimize resource allocation, achieving seamless operations and improved project outcomes.
Assistant Manager - Finance
ACORN (CAMBODIA) INTERNATIONAL Co., LTD
05.2023 - 05.2024
- Manage overall finance, accounting, tax, and audit functions.
- Prepare monthly/quarterly/annual closings and ensure timely compliance.
- Administer payroll, budgeting, reconciliations, and cash management.
- Coordinate with banks, auditors, and regulatory bodies.
- Lead budgeting cycles and cost-control initiatives.
- Implement financial process improvements and enhance reporting accuracy.
- Led financial reporting and analysis initiatives, enhancing decision-making processes and improving operational efficiency across departments.
- Developed and implemented budgeting strategies that streamlined resource allocation, resulting in optimized financial performance.
- Managed compliance with financial regulations, ensuring accuracy and mitigating risks associated with financial reporting and audits.
- Spearheaded the integration of financial software systems, improving data accuracy and reducing processing times for financial transactions.
Financial Controller
BABY MOM INTERNATIONAL Co., LTD
11.2021 - 04.2023
- Maintained fully compliant financial records for tax and regulatory bodies.
- Produced financial statements, profitability reports, and variance analysis.
- Partnered with auditors for quarterly audits and tax reviews.
- Managed ERP accounting, cash management, payroll, and reconciliations.
- Identified cost-saving opportunities and improved finance processes.
- Led financial reporting initiatives, ensuring compliance with regulatory standards and enhancing accuracy in financial statements.
- Developed and implemented budgeting processes, driving operational efficiency and improving resource allocation across departments.
- Streamlined accounting procedures through automation, significantly reducing processing time and minimizing errors in financial data.
- Mentored junior finance staff, fostering professional development and improving team performance in financial analysis and reporting.
Accountant
ONYX HOSPITALITY GROUP, THE VILLAS WADDUWA
09.2021 - 11.2021
- Managed full-cycle accounts payable, invoicing, GL transactions, and payroll.
- Coordinated with banks, Inland Revenue, and statutory bodies.
- Prepared financial statements with budget-to-actual variance analysis.
- Streamlined financial reporting processes by implementing automated tools, enhancing accuracy and reducing processing time significantly.
- Conducted thorough audits to ensure compliance with regulatory standards, successfully identifying and resolving discrepancies.
- Developed and maintained comprehensive budgets, providing detailed forecasts that informed strategic decision-making across departments.
- Led cross-functional teams in financial analysis initiatives, driving process improvements that increased operational efficiency.
Accountant
SEYCHELLES TRADING COMPANY
05.2019 - 05.2021
- Identified slow-moving and near-expiry goods, implemented price reductions and sales promotions, and negotiated supplier credit notes.
- Monitored damaged or spoiled goods and executed effective “EDLP” promotional strategies.
- Calculated monthly product costs and prepared detailed expense and costing analyses.
- Handled business correspondence with customers and provided financial updates to management.
- Coordinated with internal and external auditors during scheduled audits to ensure full compliance.
- Implemented process improvements that enhanced reporting accuracy and reduced completion time.
- Supported budgeting activities by monitoring expenditures and negotiating vendor contracts.
- Reconciled bank accounts and credit card statements to manage financial accuracy.
- Mentored junior staff by providing guidance, performance feedback, and skill development support.
- Led month-end closing procedures to consistently meet tight deadlines.
- Executed daily cash and accounting functions, including A/P, A/R, payroll, expenses, and reconciliations.
- Managed month-end and quarter-end ledger postings and reconciliations in compliance with ICOFR.
- Utilized AS400 and Co-Back Office accounting systems for bookkeeping, invoicing, and bank reconciliations.
- Conducted detailed audits to ensure regulatory compliance and resolve discrepancies.
- Prepared and managed comprehensive budgets, producing accurate forecasts to support strategic planning.
- Trained and coached junior accountants, promoting best practices and improving team performance.
- Collaborated with management to streamline accounting workflows, improving accuracy and efficiency in financial reporting.
- Streamlined financial reporting processes by implementing automated tools, enhancing accuracy and reducing processing time significantly.
- Conducted thorough audits to ensure compliance with regulatory standards, successfully identifying and resolving discrepancies.
- Developed and maintained comprehensive budgets, providing detailed forecasts that informed strategic decision-making across departments.
- Led cross-functional teams in financial analysis initiatives, driving process improvements that increased operational efficiency.
Accountant cum Finance Manager
AMAZON BETTING PTY LTD
07.2018 - 01.2019
- Analyzed daily operational and financial performance to support informed decision-making.
- Managed the full cycle of accounts payable and receivable, including accurate month-end closing activities.
- Prepared and submitted statutory reports such as monthly SRC and pension contributions.
- Recorded financial transactions using Tally and SYMEX accounting systems with high accuracy.
- Collaborated with department teams to develop budgets and implement revenue-improvement strategies.
- Produced and distributed monthly management accounts, including detailed profit and loss analyses.
- Maintained and updated the nominal ledger, ensuring timely and precise accounting entries.
- Utilized advanced Excel skills to analyze financial data, identify discrepancies, and recommend corrective actions.
- Conducted thorough audits and worked closely with external auditors to achieve clean annual audit results.
- Identified cost-reduction opportunities, evaluated financial feasibility, and supported implementation.
- Updated financial policies and procedures to strengthen internal controls and enhance financial governance.
- Developed and improved financial reporting systems to increase accuracy, efficiency, and compliance.
- Led budget forecasting and variance analysis, contributing to strategic planning and optimized resource allocation.
- Streamlined accounts payable processes, reducing processing time and improving operational efficiency.
- Trained and mentored staff to build capability, enhance productivity, and support team success.
- Developed and implemented financial reporting systems, enhancing accuracy and compliance with industry standards.
- Led budget forecasting and variance analysis, driving strategic decision-making and optimizing resource allocation.
- Streamlined accounts payable processes, reducing processing time and improving overall operational efficiency.
- Conducted comprehensive audits, identifying discrepancies and ensuring adherence to regulatory requirements.
Accountant
RIVER GARDEN RESORT
01.2012 - 06.2018
- Performed daily accounting and cash management functions, including A/P and A/R tracking, budgeting, payroll processing, expense management, and reconciliations.
- Managed accounts payable and receivable, ensuring timely payments and strong cash flow management.
- Maintained accurate and compliant financial records for regulatory reporting and taxation.
- Prepared quarterly tax returns and coordinated documentation review with auditors.
- Produced quarterly and periodic financial reports, including revenue, expense, profit and loss, and trend analysis to support strategic decision-making.
- Led month-end and quarter-end closing processes, ensuring timely and accurate postings and reconciliations.
- Conducted bank and credit card reconciliations, resolving discrepancies within required timeframes.
- Guided annual budget preparation and financial forecasting, supporting organizational planning and performance tracking.
- Supported budget administration through expenditure monitoring and vendor contract negotiations.
- Utilized QuickBooks for bookkeeping, invoicing, and bank reconciliations with high accuracy.
- Communicated with internal and external auditors, coordinated scheduled audits, and ensured full compliance with regulatory standards.
- Completed internal audits to identify financial discrepancies or budget overages and facilitated corrective actions.
- Produced regulatory returns and financial reports for key stakeholders, ensuring accuracy and timely submission.
- Identified and implemented process improvements to enhance reporting timelines and overall financial quality.
- Liaised with banks and statutory bodies to facilitate smooth financial operations and compliance.
- Analyzed financial statements to identify trends, variances, and opportunities for improvement.
- Documented financial transactions including cash, credit, fixed assets, accrued expenses, and credit facilities.
- Managed day-to-day accounting activities to maintain financial accuracy and operational efficiency.
- Streamlined financial reporting processes by implementing automated tools, enhancing accuracy and reducing processing time significantly.
- Conducted thorough audits to ensure compliance with regulatory standards, successfully identifying and resolving discrepancies.
- Developed and maintained comprehensive budgets, providing detailed forecasts that informed strategic decision-making across departments.
- Led cross-functional teams in financial analysis initiatives, driving process improvements that increased operational efficiency.
Accounts Executive
AITKEN SPENCE PLANTATIONS, ELPTIYA PLANTATION PLC
10.2009 - 10.2011
- Prepared month-end closing entries and maintained accurate financial reporting and recordkeeping.
- Tracked and followed up on missing transactions to support timely customer and vendor payments.
- Managed daily bookkeeping activities, including A/P, A/R, banking reconciliations, and disbursements.
- Reconciled Purchase Orders (POs) to ensure accurate inventory reporting.
- Communicated with vendors and clients to facilitate timely payments and reduce outstanding receivables.
- Reconciled operational data with accounting records to determine accurate monthly revenue.
- Recorded financial and banking transactions using Excel, ensuring consistent and reliable documentation.
- Posted journal entries, maintained the general ledger, and prepared financial statements and closing reports.
- Produced monthly and year-end financial documents, reports, and invoices.
- Maintained an updated chart of accounts, ensuring accuracy and compliance with accounting standards.
- Built and maintained strong client relationships through proactive communication and service.
- Supported sales initiatives by coordinating strategies that increased market presence and brand visibility.
- Analyzed sales performance and market trends to guide strategic improvements in products and customer engagement.
- Collaborated with cross-functional teams to execute marketing and sales campaigns, ensuring alignment and maximizing impact.
- Developed and maintained client relationships, ensuring satisfaction and fostering long-term partnerships through proactive communication.
- Coordinated and executed sales strategies, resulting in increased market share and enhanced brand visibility within competitive landscapes.
- Analyzed sales data and market trends to inform strategic decision-making, driving improvements in product offerings and customer engagement.
- Led cross-functional teams in the execution of marketing campaigns, achieving alignment across departments and maximizing campaign effectiveness.
Accounts Assistant
KSHATHRIYA HOLDING, SITHRO GARMENT FINISHING
01.2008 - 12.2008
- Reconciled Purchase Orders (POs) to ensure accurate inventory reporting.
- Streamlined A/P and A/R processes, improving workflow efficiency and supporting timely financial reporting.
- Collaborated with cross-functional teams to resolve discrepancies and improve financial accuracy.
- Assisted in preparing monthly financial statements to support management decision-making.
- Implemented a new invoicing system, reducing processing time and minimizing billing errors.
- Followed up on missing transactions and outstanding invoices to ensure timely payments.
- Prepared and filed tax returns in compliance with SLIR requirements.
- Completed month-end closing entries and maintained accurate financial records.
- Managed internal finance inbox, assigning and responding to queries within required SLAs.
- Recorded recoverable charges and coordinated resolution with internal teams.
- Prepared budget, forecast, and actuals templates for consistent financial reporting.
- Imported and verified daily bank statements to keep accounting records up to date.
- Supported routine budget and forecast adjustments during period-end processes.
- Assisted with receiving, processing, and verifying supplier invoices for accounts payable.
- Maintained account coding logs and created new account codes aligned with activity and VAT requirements.
- Addressed day-to-day finance queries and escalated issues to senior staff when necessary.
- Streamlined accounts payable and receivable processes, enhancing workflow efficiency and ensuring timely financial reporting.
- Collaborated with cross-functional teams to reconcile discrepancies, improving overall accuracy in financial documentation.
- Assisted in the preparation of monthly financial statements, contributing to informed decision-making and strategic planning.
- Implemented a new invoicing system, reducing processing time and minimizing errors in billing procedures.
Audit Trainee
SCB CORPORATE (Audit Firm)
05.2005 - 06.2007
- Carry out many of accounting assignments and clients books
- Reviewed and finalized audit encompassing wide spectrum of organizations including Manufacturing, Transport, Service, Agriculture, Retail/Wholesale Trade and Nonprofit Organization
- Involved in preparation of Audit report according to the Accounting Standards and Auditing Standards adhering to statutory requirements
- Directly involved as a consultant to clients in preparation of financial Statements, Ledger, Cashbook etc…
- Involved in computing the Tax Liability of clients and preparing the Tax Returns on their behalf
- Engaged in carrying out Stock Taking and valuations for clients enabling them to assess their stocks in the current market and writing reports to the management regarding slow moving stocks, weaknesses in stocks maintenance procedures etc.
- Involved in various Bookkeeping assignments such as preparation of Cash Books, Ledgers, Preparation of Bank reconciliation, maintaining Fixed Assets registers and etc…
- Involved in computing of quarterly VAT, NBT payable for numerous clients and directing
- Obtained and prepared client tax documents and bookkeeping records for analysis.
- Enhanced understanding of auditing best practices, processes and techniques by attending regular training and workshops.
- Conducted thorough audits to ensure compliance with regulatory standards, enhancing the accuracy of financial reporting.
- Collaborated with cross-functional teams to identify process inefficiencies, resulting in improved operational workflows and audit effectiveness.
- Assisted in the preparation of detailed audit reports, providing insights that informed strategic decision-making and risk management.
- Evaluated internal controls and risk management processes, leading to enhanced compliance and operational accountability within the organization.
Education
CBA (Certified Business Accountant) - Accounting, Finance & Auditing
Institute Of Chartered Accountants Of Sri Lanka
Colombo, Sri Lanka01.2008
A-Levels - Commerce Steam
St. John's De Baptist College
Kandana, Sri Lanka01.2003
GCEs Ordinary Level Examination - Primary & Secondary Education
St. Joseph Primary & Secondary School
Ragama, Sri Lanka01.2000
Skills
GAAP & IFRS Knowledge
Financial Statements Analysis
Budgeting & Forecasting
Cost Control & Management Accounting
Tax Laws & Regulations
Internal Controls & Audits
Risk Assessment & Mitigation
Financial Technology & Systems
Team Leadership & Development
Cross Department Collaboration
Decision-Making & Strategic Thinking
Financial Reporting to Stakeholders
Negotiation & Problem-Solving
Business Partnering
Understanding of Business Models
Mergers & Acquisitions (M&A)
Account reconciliation expert
Working Capital Management
ERP software (Enterprise Resource Planning)
Attention to Detail
Integrity & Ethics
Affiliations
DR. RANJAN DISSABANDARA
MANAGING DIRECTOR
FINEX Engineering (Pvt) Ltd
# 291,Modera Street, Colombo 15 Sri Lanka
Mobile/ WhatsApp: +94 775009256
MR. SENAKA FERNANDO
FOUNDER / CHAIRMAN FUNAN CONSULTING CO., LTD CONSULTANTS, CERTIFIED PUBLIC ACCOUTANTS & AUDITORS Phnom Penh, Cambodia
Mobile/ WhatsApp: +855 78 894 446
Timeline
Financial Controller cum Head of Operations
HGB CV CO., LTD
07.2024 - Current
Assistant Manager - Finance
ACORN (CAMBODIA) INTERNATIONAL Co., LTD
05.2023 - 05.2024
Financial Controller
BABY MOM INTERNATIONAL Co., LTD
11.2021 - 04.2023
Accountant
ONYX HOSPITALITY GROUP, THE VILLAS WADDUWA
09.2021 - 11.2021
Accountant
SEYCHELLES TRADING COMPANY
05.2019 - 05.2021
Accountant cum Finance Manager
AMAZON BETTING PTY LTD
07.2018 - 01.2019
Accountant
RIVER GARDEN RESORT
01.2012 - 06.2018
Accounts Executive
AITKEN SPENCE PLANTATIONS, ELPTIYA PLANTATION PLC
10.2009 - 10.2011
Accounts Assistant
KSHATHRIYA HOLDING, SITHRO GARMENT FINISHING
01.2008 - 12.2008
Audit Trainee
SCB CORPORATE (Audit Firm)
05.2005 - 06.2007
A-Levels - Commerce Steam
St. John's De Baptist College
GCEs Ordinary Level Examination - Primary & Secondary Education
St. Joseph Primary & Secondary School
CBA (Certified Business Accountant) - Accounting, Finance & Auditing
Institute Of Chartered Accountants Of Sri Lanka