Accounts Payable Accounting

LAYANVI WITHANA

Orange County, CA. C: +1-949-***-**** ********@*****.***

Highly accomplished finance and accounting professional with over 12 years of leadership with global business environments. Results focused with leading, motivating diverse teams to achieve timely completion of duties. Strong product costing, financial accounting identifies areas for improvement. Budgets, variance reporting, forecasting & trend analysis, implementation of new projects, International work exposure, bilingual with industry experience in healthcare & Pharmacy, freight forwarding, warehousing distribution. Public accounting experience with Ernst & Young, big 4 Accountants

GL Reporting

General Accounting, Accounts Payable, Accounts Receivable,

Analytical Skills, Analyzing trends, Variance Analysis

Budget Planning, Preparing Closing Entries, Monitoring Product Costing, Internal & External Audits,

System Controls, Preparation of Financial Statements, Forecasting,

General ledger, Office Administration, Procurement, Risk analysis,

Vendor Management.

Revenue Maximization, cost control

ACCOMPLISHMENTS

Extensive experience with Financial Statements audits, reviews, compilations and

Audits

Maintained accurate accounts including cash, inventory, prepaid, fixed assets,

Accounts payable, accrued expenses and line of credit transactions.

Reduced cost of sales by approx $ 600,000 as the leader of a cross-functional project team.

Increased revenue by approx $ 500,000 through compliance enforcement and

Implementation of a rigorous control system.

Assistant Controller Aug 2015 to Current

AIDS Healthcare Foundation Los Angeles, CA.

Industry -Healthcare, Pharmacy Retail business

Managing and driving the accounting and reporting process for all product lines of AHF. (Pharmacy, healthcare, managed care been the largest)

Analyzing department’s financials for accuracy of the data recorded.

Coordinate the monthly and annual financial close cycle, financial reporting and ensuring proper preparation for annual financial audit.

Reporting to the Corporate Controller /CFO manages and streamlines operations of the accounting department

Oversees the effective operation and management of the Accounts Receivable Department including the medical and pharmacy billing to maximize net revenues and collections.

Participates in the preparation of budgets and other reports as required.

Maintains positive working relationships with financial institutions and audit firms.

Continuously reviews the financial internal policies and procedures of the Finance Department and external financial policies and procedures and initiates changes as needed.

Provides assistance to the Cooperate controller /CFO

Supervise 6 staff accountants 4 of them are senior accountants

Supervising a team of 6 staff members

Accounting & Administration Manager Jun 2011 to Aug 2015

DB SCHENKER Los Ángeles, CA

Industry- Logistics, warehousing and Freight forwarding

Managed accounting operations, accounting close, account reporting and

reconciliations.

Addressed and resolved non-routine, complex and unexpected variances.

Prepared monthly and annual expense forecasts, including any necessary

recommended action required to manage costs to achieve budget.

Coded the general ledger and processed vendor invoice payments.

Coordinated approval processes of all accounts payable invoices

Rectified escalated accounts payable issues from employees and vendors.

Researched and resolved billing and invoice problems.

Monitor & control overhead related costs and resources to achieve bottom line

Preparation /submission of documents and assembled financial statements for independent auditors.

Negotiated contracts with outside providers to minimize costs to the company.

Acted as a liaison between logistics, carriers and customers.

Managed a team of 3 including professionals

Reduced and controlled expenses by approx $ 600,000.

Increased profits by developing, initiating, and managing revenue by approx $ 500,000.

Monitored department performance data to identify and avoid potential risks.

Team member for the branch ERP roll out for Tango forwarding software, Transport

Management System & click shop procurement software.

Recommended innovative alternatives to generate revenue and reduce unnecessary costs.

Manipulated data using pivot tables, pivot charts

Finance & Administration Manager Oct 2010 to Jun 2011

PAROGON SOFTWARE Santa Ana, CA

Conducted analysis to address the profitability issues which led to understand important areas of

Forcus, which improved revenue of technical staff.

Prepared correspondence, accounting and financial documents for analysis.

Investigated and resolved discrepancies in monthly bank accounts

Collaborated extensively with auditors during preliminary and year-end audit processes.

Aligned all financial activity with the regulations of the GAAP.

Thoroughly reviewed financial statements and tax audits to correct any discrepancies.

Analyzed costs and revenues to project future trends.

Organized and coded all documents related to payments

Gathered and analyzed performance data

Standardized filing system to increase efficiency.

Contacted providers to discuss status of re billing and reimbursement process to ensure account resolution.

Controller Nov 2001 to Jul 2009

UTI Colombo, Sri Lanka

Identified "bottlenecks" and implemented new and improved processes and policies.

Led cross-functional teams to analyze and understand the operational impacts and opportunities of technology changes.

Documented process flows and developed requirements for functional improvements and enhancements.

Tracked, analyzed and interpreted trends.

Defined the scope and goal of new project (shell gas) out sourced its distribution.

Maximized company revenue by educating the operations staff on importance of communicating with the customer of costs.

Conducted cost, schedule, contract performance, variance and risk analysis.

Compiled and synthesized relevant business data such as financial, performance, and headcount forecasts.

Reviewed and approved billing invoices and expense reports.

Executed accounts receivable reporting enhancements and reconciliation procedures.

Systematically prepared documents and assembled financial statements for independent auditors.

Worked with management to document and offset unusual expense variances in their respective areas.

Managed accounting operations, accounting close, account reporting and reconciliations.

Prepared monthly and annual expense forecasts, including any necessary recommended action required to manage costs to achieve budget.

Recruited, retained and developed staff of 12.

Cultivated strong working relations with other industry executives.

Planned, coordinated and controlled daily operations of the organization.

Trained and supported users during new system implementations and upgrades.

Maintained confidential information, such as pay rates, bonus targets and pay grades.

Finance Manager Sep 1997 to Nov 2001

Pership Synergy Colombo, Sri Lanka

Aligned all financial activity with the regulations of the GAAP.

Processed an average of 300 invoices per month for a mid sized organization.

Renegotiated payment terms with suppliers.

Verified details of transactions, including funds received and total account balances.

Deposited third party checks, as well as monthly reserve transfers.

Coded the general ledger and processed vendor invoice payments.

Balanced batch summary reports for verification and approval.

Conducted month-end balance sheet reviews and reconciled any variances.

Rectified escalated accounts payable issues from employees and vendors.

Researched and resolved billing and invoice problems.

Preparation of the annual budgets

Contributed to improve the bottom by saving cost & improving billing at least by $ 200K-pa

Reduce the Days Sales Outstanding to 25 days from 45 days.

Accountant Oct 1992 to Aug 1997

Independent Television Network Colombo, Sri Lanka

Executed accounts receivable reporting enhancements and reconciliation procedures.

Received, recorded, and banked cash, checks, and vouchers as well as reconciled records of bank transactions.

Performed field audits on wide variety of clientele using Quick Books System

Provided reliable and timely project by project expense, capitalization, and amortization and spend data for all departments.

Assisted in the creation of vendor contracts for outside vendors.

Assisted the CFO with the production of the monthly financial management reports and board packages.

Maintained proper stock levels for production line.

Monitored the production processes and adjusted schedules.

Coordinated inventory and cost control programs.

Audit Supervisor Jan 1985 to Oct 1990

ERNST & YOUNG Colombo, Sri Lanka

Directed and educated junior team members on auditing techniques and software.

Monitored new trends and technologies as they applied to audit areas.

Planned and executed operational audits of various business areas using risk-based audit methodology.

Systematically prepared documents and assembled financial statements for independent auditors.

Tested the design and effectiveness of internal controls by completing walk-through of complex business processes.

Verified that company controls were in compliance with established policies by auditing stores and warehouses.

Completed regulatory, pre-implementation and risk-based audits to achieve business objectives.

Monitored the production processes and adjusted schedules.

Coordinated inventory and cost control programs.

Set up and operated production equipment in accordance with current good manufacturing practices and standard operating procedures.

Ensured the most cost-effective production methods were employed.

Education

Professional Qualifications Fellow member -Chartered Institute of Management Accountant (USA) 2012

Fellow member -Chartered Institute of Management Accountant (UK) 1996

CIMA is Equivalent to BS in Accounting according to International Education Research Foundation Inc.

TECHNICAL SKILLS

Extensive SAP experience over 6 years

Advanced Excel, Microsoft office, TMS,

Quick books, Accpac freight forwarding software of Procars, & Tango

Budget planning tool –Adaptive planning, Concur

Additional Information

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ACHIEVEMENTS –

Excellence in sales support. - 2005

Team member - Regional silver award from UTI for the local initiative team in cost

saving for UTI Sri Lanka - 2004

Most outstanding performance in financial management - 2003

Excellence in work & outstanding performance - 2002

Top achievers award – 2001

I want to take a challenging, responsible job and share my experience, knowledge which would eventually benefit both parties. Also be an asset to the organization in the long term.

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