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Michael Tisseverasinghe is a seasoned finance professional with 14+ years of experience in managing supply chain finance, financial analysis, and leadership roles. He has worked with prominent companies such as Colgate-Palmolive and Kobelco Construction Machinery Australia. With a strong educational background from D.S. Senanayake College, Michael holds certifications as a Certified Practicing Accountant (CPA - Australia) and CIMA UK.

Credentials

  • Certified Practicing Accountant (CPA - Australia)
    -
  • CIMA UK
    -

Experience

  • Kobelco Construction Machinery Australia
    • Sydney, New South Wales, Australia
    • Finance Business Partner
      • May 2023 - Present
      • Sydney, New South Wales, Australia

    • Finance Project Manager
      • Mar 2022 - Aug 2023
      • Australia

      Lead risk assessment for the organization in preparation for corporate audit.• Validating the Internal control processes to ensure compliance with corporate policy.• Conduct testing of work streams, Gross to Net, Expenditure, Financial Closing and Payroll. • Coordinate with stakeholders on process improvements to remediate gaps.• Review contracts and conduct due diligence process with third parties to comply with global Foreign Corrupt Practices requirements.

    • Finance Business Partner - Supply Chain
      • Nov 2017 - Aug 2022
      • Australia

      Reporting to Head of Finance providing performance reporting and decision support expertise through the provision of Financial & Business Analysis.• Timely and accurate reporting of monthly financial performance with supporting analysis on key drivers and variance reporting.• Drive budgeting and planning processes and coordinate with USA head office on target and goal setting.• Manage quarterly forecasting and update to budget and provide insightful analysis on variations to budget and goal achievement. • Facilitate implementation of new ERP system, Oracle NetSuite in Jan20.• Contribution towards the acquisition of Rhino-Rack by Clarus Corporation USA. Extensive involvement in preparation for sale, Due Diligence and the close of deal processes.• Support CFO and business partnering with Operational managers on business goals and continuous improvement initiatives.

    • Consultant - Finance Shared Services
      • Aug 2016 - Sep 2017

      Conduct Process improvement review at Business Service center in Mumbai as part of stabilization phaseSupply Chain Lead in migrating finance function of Vietnam subsidiary.Train and coach team members from Business Center, Mumbai on Supply chain finance activities including Costing, COS planning and Month end closing & Reporting.Oversee preparation of Standard Operating Procedures (SOPs) and ensure alignment with global standard practices.Ensure knowledge transfer from local subsidiary to Business Service Center and change management.Review Supply Chain reports and recommend for standardization across global divisions

    • United States
    • Manufacturing
    • 700 & Above Employee
    • Finance Manager - Supply Chain
      • Jul 2007 - Mar 2016

      Reporting to divisional Financial Controller I am responsible for the Supply Chain finance function which consists of Home Care manufacturing facilities in Sydney and Gold Coast and sourcing of Oral and Personal care products form global entities. - Business partnering- Manufacturing reporting and forecasts/budgets- Product costing, Variance analysis and month end closing- Compliance and Corporate governance- Capital programs support and approval - Evaluation and monitoring of Savings programs

    • Finance Manager – Strategy & Planning
      • Apr 2001 - Jun 2007

      Manage SAP forecasting module and provide analytics on margins and brand profitability - Validate inputs for budgets and forecasts - Financials on new product opportunities - Partnering with Marketing on product profitability analysis- Process mapping and documentation

    • Accounts Payable Manager
      • Dec 2001 - Mar 2004

      Responsible for payable function and ensuring timely payments of vendor invoices and maintain accurate records and control reports. - Manage a team of 4 to ensure timely processing of Vendor invoices and payments- Cash flow management with treasury- Converting 80% vendors form Cheques to EFT - Monitor reconciliation and vendor accounts and resolving disputes- Manage productivity initiatives to leverage SAP utilization

Education

  • 1968 - 1980
    D. S. Senanayake College
  • 1968 - 1980
    D.S.Senanakaye College

Suggested Services

This profile is unclaimed. These are suggested service rates with 0% commision upon successful connection

Industry Focus. “Machinery Manufacturing”

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