About this role
WHAT YOU WILL DO
- Maintain the General Ledger (GL), ensure accurate recording of all financial transactions, review journal entries, accruals, and prepayments, perform month-end and year-end closing activities, and reconcile balance sheet accounts.
- Prepare monthly, quarterly, and annual financial statements, ensure compliance with Sri Lanka Accounting Standards (SLFRS/LKAS), prepare management accounts and supporting schedules, and provide variance analysis against budgets and prior periods.
- Reconcile inventory records with physical stocks, maintain standard costs for finished and semi-finished goods, review material consumption, inventory valuation, and provisions for slow-moving or obsolete stocks, verify costing and inventory movements, monitor raw materials, work-in-progress (WIP), and finished goods balances, and support annual stock counts and cycle counts.
- Maintain the fixed asset register, capitalize qualifying expenditure, calculate and post depreciation, verify the physical existence of assets, and support asset disposals and write-offs.
- Prepare VAT returns, review income tax computations, manage APIT/PAYE and Withholding Tax (WHT), and ensure compliance with SSCL, ESC, and other relevant statutory requirements.
- Ensure compliance with the Companies Act No. 7 of 2007, the Inland Revenue Act, Exchange Control regulations, and other applicable statutory requirements. Coordinate annual external and internal audits and prepare schedules requested by auditors.
- Assist the Finance Controller with annual budgets and Latest Estimates (LEs), analyze actual performance against budgets, and provide supporting financial data to management.
- Process landed costs for imported raw and packing materials and maintain standard costs for finished and semi-finished goods.
OUR PERFECT CANDIDATE
- Completion of the Corporate Level qualification of CA Sri Lanka, Management Level of CIMA or Applied Skills (Professional Core) Level in ACCA.
- Bachelor’s Degree in Finance, Accounting or an equivalent discipline from a recognized university will be added advantage.
- Minimum 5 years of relevant experience of financial accounting functions in a manufacturing organization.
- Hands-on experience in SAP B1 with proficiency in MS Excel and other relevant financial applications.
- Strong knowledge of accounting standards, statutory requirements, taxation principles and applicable regulatory requirements.
- Strong analytical, communication and interpersonal skills, with a high level of accuracy, attention to detail and ability to meet reporting deadlines.