Harshana Fonseka - CPA, ACMA, CGMA, MBA, BBA (Hons)

General Manager - Marketing at Teejay Group
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Contact Information
us****@****om
(386) 825-5501
Location
Colombo District, Western Province, Sri Lanka, LK

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Experience

    • Sri Lanka
    • Textile Manufacturing
    • 100 - 200 Employee
    • General Manager - Marketing
      • Sep 2023 - Present

    • DGM - Head of Finance & Commercial
      • 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

    • Senior Manager - Finance & Strategy
      • Apr 2018 - Jun 2021

    • Retail Apparel and Fashion
    • 700 & Above Employee
    • Manager - Corporate Finance
      • 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

    • Assistant Manager - Corporate Finance
      • Aug 2015 - Sep 2016

    • United States
    • Packaging and Containers Manufacturing
    • 700 & Above Employee
    • Assistant Finance Manager - FP&A
      • Oct 2013 - Sep 2015

    • Financial Planning & Analysis Executive
      • May 2012 - Sep 2013

    • Part-Time Lecturer
      • Jan 2013 - Apr 2014

      Lecturer for Fundamentals of Management Accounting in CIMA Lecturer for Fundamentals of Management Accounting in CIMA

    • India
    • Outsourcing and Offshoring Consulting
    • 700 & Above Employee
    • Senior Accounts Associate
      • Apr 2011 - Apr 2012

    • Accounts Associate
      • Jul 2010 - Mar 2011

Education

  • Cardiff Metropolitan University
    Master of Business Administration - MBA, Business Administration and Management, General
    2015 - 2016
  • University of Colombo
    Bachelor of Business Administration - BBA, Finance (Special)
    2008 - 2012
  • CIMA
    Associate Member - ACMA | CGMA, Management Accounting
    2008 -
  • CPA Australia
    Associate Member, Accounting
    2020 -
  • Maris Stella College Negombo
    Secondary Education, GCE AL | OL
    1994 - 2007

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