Harshana Fonseka - CPA, ACMA, CGMA, MBA, BBA (Hons)
General Manager - Marketing at Teejay Group- Claim this Profile
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Bio
Experience
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Teejay Group
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Sri Lanka
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Textile Manufacturing
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100 - 200 Employee
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General Manager - Marketing
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Sep 2023 - Present
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DGM - Head of Finance & Commercial
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Jun 2021 - Sep 2023
Eminent Feat • Developing and driving the group Long Range Plan/ Strategy successfully over the past 5 years to achieve USD 300Mn top line through strategic investments, capability enhancement and performance improvement.• Led the acquisition of two textile plants in Sri Lanka to expand production capacity. • Eliminating Value at Risk during COVID period through effective management of treasury and working capital by increasing banking limits by 100% whilst increasing the cash balance by 35% which contributed to increase the interest income by 70%.• Developing and implementing the group overhead/Cost management process with effective governance/controls and spearheading cost reduction projects to achieve 5.1% and 6.3% of overhead savings in FY 21/22 and FY 22/23 respectively.• Increased the production capacity by 15% by establishing the optimum capacity of the plant-based on scientific machine output calculation and aligning production KPIs to achieve the same without any capital investment.JDHead the Finance & Strategy • Lead Group Long Range Planning (LRP)/Strategy formulation process.• Manage all aspects of Finance encompassing Financial reporting, GL, Inventory, Tax, Account payable, Accounts Receivables, Overhead control and Insurance functions of Finance.• Lead the FP&A function of the group via managing annual budgets, rolling forecasts, investment appraisals, board presentations & monthly reporting.Finance BP to the COO/ Member of Factory Leadership Team (FLT)• Drive achievement of the budget, profit recovery plans, cost reduction targets & efficiency projects.• Govern all company functional KPIs & drive continuous improvement initiatives. Head of the Commercial & Logistics • Managed commercial & logistic Operations for USD 120mn of RM imports and USD 170mn Fabric Deliveries/Exports per year.• Ensure commercial & logistics activities are carried out efficiently aligning with key business objectives to drive company growth and profitability. Show less
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Senior Manager - Finance & Strategy
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Apr 2018 - Jun 2021
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Brandix
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Retail Apparel and Fashion
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700 & Above Employee
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Manager - Corporate Finance
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Oct 2016 - Mar 2018
Eminent Feats • Revamped, standardized & automated the budgeting process across the group (Sri Lanka’s largest Apparel Exporter with a USD 1Bn annual revenue) & led the budgeting process for the entire group for three financial years.• Developed the group’s functional reporting structure to support Board decision & facilitated the smooth transition from an entity to a functional structure. • Formed/ led the group’s first Long Range Planning (LRP) & strategy setting process. JD• Lead the group’s FP&A function including group budgeting, forecasting & management reporting for 40 locations across 5 countries.• Spearheaded the Group’s LRP & strategy formulation process, supporting the group CFO.• Managed the group investment management (M&A) & appraisal functions.• Ensure profitable growth through financial analyses & implement new technologies to provide business insights & drive top line growth.• Deliver strategy & recommendations on various initiatives across all levels of Management.• Presenting the group financials and profit recovery plans to the Board of Directors.• Revamped/ automated the Brandix group budgeting process & established the group functional reporting structure & reporting. Show less
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Assistant Manager - Corporate Finance
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Aug 2015 - Sep 2016
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Avery Dennison
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United States
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Packaging and Containers Manufacturing
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700 & Above Employee
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Assistant Finance Manager - FP&A
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Oct 2013 - Sep 2015
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Financial Planning & Analysis Executive
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May 2012 - Sep 2013
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ACBS Institute
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Sri Lanka
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Part-Time Lecturer
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Jan 2013 - Apr 2014
Lecturer for Fundamentals of Management Accounting in CIMA Lecturer for Fundamentals of Management Accounting in CIMA
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WNS
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India
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Outsourcing and Offshoring Consulting
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700 & Above Employee
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Senior Accounts Associate
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Apr 2011 - Apr 2012
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Accounts Associate
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Jul 2010 - Mar 2011
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Education
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Cardiff Metropolitan University
Master of Business Administration - MBA, Business Administration and Management, General -
University of Colombo
Bachelor of Business Administration - BBA, Finance (Special) -
CIMA
Associate Member - ACMA | CGMA, Management Accounting -
CPA Australia
Associate Member, Accounting -
Maris Stella College Negombo
Secondary Education, GCE AL | OL