Financial Analyst / Finance Manager / Head of operations

Srikantha Prabhaker

Finance & Operations Manager for Huma Island Resort & SPA

And Private Financial Consultant & Analysis

Contact Information

Email Address: **************@*****.***

Mobile Phone: +63-977******* / 917-***-**** 917-***-**** Wtsup and Viber number) Linkedin:- https://www.linkedin.com/in/srikantha-prabhaker-6a2702194 Address: unit 3K, Polaris Street, Poblacion, Makati, 1210 Metro Manila, Philippines Target Job Title: Head of Operations, Finance & Accounts Manager and Administration related OBJECTIVE:

To provides the overall leadership of the Business to ensure that it contributes effectively to achieve the organisational goals and objectives by ensuring prudential financial management systems and processes are applied and to facilitate sound business decisions by providing timely, relevant and accurate financial advice and information to Executive Management and the Board. HIGHLIGHTS

•30+ years of experience in meeting business objectives through business-enabling accounting solutions.

•Managing Resort & Restaurant’s in a profitable Manner.

•Playing key role with Sales team generating business and creating Brand awareness.

•Formulate business and financial strategies, key performance expectations, financial business plans and monitoring systems to ensure they are effective in meeting Company objectives.

•Carry out financial analysis and provide information to Management with appropriate recommended action for each business unit.

• Identify and develop financial risk management strategies to safeguard the financial interests of the organisation.

• Provide financial advice to the Executive Management and the Board on all facets of the business, and assist management to develop strategies to ensure profitability, growth and effective financial resource management.

• Negotiate with both international and local financial institutions to secure financial resources.

• Contribute in all contract negotiations to advise management of the financial implications.

• Create a culture of high performance and continuous improvement within the Finance Department.

• Create organisational change and operational excellence through effective benchmarking and performance management strategies

•Strong verbal and written communication skills with advanced analytic and troubleshooting skills

•Having a thorough knowledge financial packages and Microsoft application such as MS excel MS word, MS Access and Power point.

•Experience in preparing in house reports

•Worked in different type of business (Communications, Retail, Hotels, Restaurants, Audit)

•Developed process and procedure.

•Finalizing the business transactions and finalizing the audit and attending queries if arises.

•Managing a team of 14 and training them.

•Experience in Pre-opening the Hotel. Set up the Financial & Accounting & Billing system, Put in Place Financial SOP, Set up Business tools thru 3rd parties such as Cr card & Debit card systems thru banks, Online Cr card approval system, online payment gateway, Setting up proper supplier / purchasing system, initial inventory buildup, Pre-opening expenses analysis and capitalization or setting up preopening expenses write off over the years, train the staff how to use the Financial & Billing systems.

•Build a fabulous relationship with all banks.

•Experience in Project and feasibility report, Due Diligence performance, Credit & Debt control, Accounting, Auditing, Stock control, Purchasing, budgeting, implementation of new schemes. MIS for Monthly segmental Credit analysis reports/ Profitability & Cost analysis.

•Multi task management thru Microsoft office outlook.

•Managing my own Business, Italian & Indian Cuisine

•Completed 2 years Articles and sat for Licentiate (L1) exam through The Institute of Chartered Accountants of Sri Lanka and obtained district level best commerce results at University entrance exam.

Personal Information

Birth Date: 27 May 1967

Gender: Male

Nationality: Sri Lanka

Additional Nationalities: Sri Lanka

Marital Status: Married

Number of Dependents: 4

Driving License Issued From: Philippines

Finance & Head of Operations

At Huma Island Resort & SPA & Huma Restaurants Location: Busuwanga, Coron, Philippines. & Mall Of Asia, Conrad Building, Pasay Company Industry: Food & Beverage & Hospitality

Jan 2014 - Present

•Manage the Restaurant’s & Resort in a profitable Manner

•Manage the Cost of Sales and Operating Costs & Payroll Cost

•Liaise with 3rd party negotiations for Rents & Other business Costs

•Liaise with Sales & Marketing in improving the Brand awareness

•Achieve targets and budgets

•Failure to achieve targets and identify the weakness and report to Board of Directors.

•Read all the Guest comments and reply to them.

•Monitor Purchasing & Sales

•Review Direct Cost of Sales and identify if any leakage with selling price vs. food cost

•Identifying how to improve the Sales

• Assist Finance team preparing Monthly Financial reports & BIR (Taxation) related payments and reporting

• liaise with Bank for Facilities

• Finalize Annual Audits

• Monthly / Quarterly / Annually MIS Reports

• Attending daily Department heads meting

• Preparation of Annual Budget and presentation of same to Board of Directors

• Training & Guiding the Finance team

• Identifying business weakness and leakage and suggesting business improvements Finance Manager

at International Trade Holding Co. Kuwait Location: Al Kuwait, Kuwait, International Trade Holding Co. Kuwait, Shuwaikh Free Trade Zone, P.O. Box 713 Safat 13008 Kuwait Company Industry: Hospitality/Tourism/Travel

Job Role: Accounting/Banking/Finance

May 2011 – Dec 2013

ITHC is the owning company of Movenpick Hotel Kuwait, Swiss Bell Plaza Kuwait, Convention Centre and Royal Sites Kuwait and Movenpick Huma Resort Palawan Philippines. Cuts Restaurants & Geletissimo café. Projects in Oman – Sohar and Maldives.

•Assists in the development and implementation of goals, policies, priorities, and procedures relating to financial management, budget, accounting, and/or payroll.

•Review all Hotels and Resort financials on monthly basics and advice the management the weakness if any and advice the Management remedy actions.

•Feasible study of business and investment opportunities and advice the directors and owners

•Project reports

•Directs and participates in cost analyses and rate studies

•Prepares statements and reports of estimated future costs and revenues

•Establishes system controls for new financial systems and develops procedures to improve existing systems.

•Coordinates preparation of external audit materials and external financial reporting.

•Reviews financial statements with management personnel.

•Responsible for the overall management & performance of the Treasury and Accounts Sections.

• Ensuring the efficiency, effectiveness, integrity & business focus of financial systems & processes

• Logistic planning and execution in related Oman Project and F&B items import from Australia Manager Accounts (Direct debit operations)

at Global Direct Television(Showtime) / ORBIT SHOWTIME NETWORK Location: Al Farawaniyah, Kuwait, P.O.Box 42455 Shuwaikh 7066 Company Industry: Retail/Wholesale

Job Role: Accounting/Banking/Finance

August 1997 - May 2011 My main achievement in this job include:

•Providing accurate & timely Forecast and Analysis

•Increased the cash in flow by 80% by introducing standing order scheme

•Net Churn each month achieved +80%

•Reduced the Standing order operational expenses by 60%

•Introduced Direct debit scheme which is a successful sales tool

•Customer satisfaction: achieved ZERO unsolved customers complain over the past one year.

•Multi task management thru Microsoft office outlook My responsibilities are: -

•Weekly / Monthly / Annually cash in flow projections.

•Fund Flow Statement

•Coordination with banks in relation to direct debit and CC collections and system improvement.

•Coordination with banks in relation to Credit Cards back charges and making sure it’s being credited back.

•Attending customer financial queries and closing the contracts.

•Setting up monthly targets and following up with team to achieve the same.

•Creating standing orders, deletion and refunds to customers.

•Weekly preparation of collection report and unpaid customer’s report and forwarding for collection team

•Making sure each month set target amount is received either thru banks or individually from customers

•Involving with Bank and organizing the funds & payments

•Hunting for new Financial tools and improved methods for collections

•Follow up with team achieving set target amounts & customers Finance & Operations Manager (Acting)

at Gulf Fashion Gen. Trading & Contracting Co., Location: Kuwait, P.O Box 205, Misref, 40153 Kuwait (HO -Salmiya, Zahara Complx 3rd Floor)

Company Industry: Retail/Wholesale

Job Role: Accounting/Banking/Finance

January 2005 - January 2009 My main achievement in this job include:

• Able to reduce the direct cost and operational expenses by 28%.

• By setting up motivating incentive scheme able to increase the sales by 18%

• Created a good relationship with bank and got many facilities.

• By reducing operational and direct cost 28%, which able to do more marketing. My responsibilities are: -

• Product profitability analysis

•Business performance and analyzing future projections

•Feasibility report of new product interdiction to market

•Undertaking pricing planning

•Analyze promotional, market development and customers support proposals and prepare product and market profitability statements.

• Sourcing, selecting and negotiating with suppliers in order to obtain the best purchase packages in terms of quality, price, terms, deliveries and services

• Preparing market wise / customer wise / product wise performance report.

• Analyze project costing and prepare different price scenarios for new and improved products.

• Preparing budget analysis, performance analysis and variance analysis.

• Inventory Control

• Finalizing books of accounts and submitting to auditors.

• Taking care of Administration & operational activities whenever arises.

•Making sure each month set target amount is received either thru banks or individually from customers.

•Reporting to the top management weekly the position of debts.

• Fund Flow Statement

• Approval of payment / salaries and staff vacation and final settlements Chief Accountant

at TACO TIME INTERNATIONAL CATERING CO. Location: Kuwait, P. O. Box 713, Kuwait Company Industry: Catering/Food Services/Restaurants Job Role: Accounting/Banking/Finance

April 1996 - July 1997 “Taco Time” a newly introduced, Mexican fast food chain of restaurants, with its headquarters in United States. At present there are five outlets in Kuwait and I was the Chief Accountant for all the branches/outlets. My duties and responsibilities include :-

·Maintaining the General Ledger

·Maintaining the Stock records

·Creditors & Debtors control

·Food costing

·Weekly and Monthly Financial Reports namely

·Cash Flow Statement

·Profit and Loss Account

·Balance Sheet

·Creditors & Debtors Age Analysis

·Final Accounts

·Management Information

·Monthly & Yearly Sales comparison

·Statistical Ration information on Sales

·Daily Sales Report

·Daily Cost control report and if any variations comparing daily, weekly and monthly reports and advise the Management the weakness and methods of controlling food cost.

·Preparation of payroll

·Physical monthly stock taking inventory.

Assistant Chief Accountant

at BEST WESTERN KUWAIT PLAZA HOTEL Location: Kuwait, P. O. Box 4450, Kuwait Company Industry: Hospitality/Tourism/Travel

Job Role: Accounting/Banking/Finance

February 1993 - March 1996 A 190 bed roomed deluxe Hotel with 2 outlets and a specialty restaurant. My duties and responsibilities were as follows :-

·Maintaining the General Ledger

·Creditors Control

·Weekly and Monthly Financial Reports namely

·Cash Flow Statement

·Profit and Loss Account

·Balance Sheet

·Creditors & Debtors Age analysis

·Final Accounts

·Management Information

·Monthly & Yearly Sales comparison

·Statistical Ratio Information on Sales

·Daily Sales Report

Besides, I used to prepare the payroll and was in charge of the Computer Network system. Assistant Accountant

at FLOWER DRUM LIMITED Location: Sri Lanka

Company Industry: Catering/Food Services/Restaurants Job Role: Accounting/Banking/Finance

August 1990 - February 1993 Flower Drum is a G.C.E.C. approved establishment which owns 5 Chinese specialty restaurants.

My duties and responsibilities were as follows: -

·Maintaining the General Ledger

·Creditors and Debtors Control

·Preparing the Final Accounts and monthly Accounts for each of these five restaurants.

·Preparing Bank reconciliation’s

·Preparing the monthly payroll.

Besides, I used to deal with all the matters relating to the Bank in the capacity of a Treasurer and also with the Inland Revenue Department (PAYEE, BIT and Income Tax inquiries and disputes). Audit Senior

At V&S ASSOCIATES Location: Sri Lanka

Company Industry: Accounting/Auditing

Job Role: Accounting/Banking/Finance

May 1988 - August 1990 V&S Associates is an independent Audit and Consultancy Firm. I was employed as an Audit Senior, where I gained vast knowledge in Auditing business. During my tenure I carried out Audit for Banks, Hotels, Commercial and Government Firms, Engineering Organization and some non-profitable firms.

My duties and responsibilities included the following :-

·Checking the Business transactions

·Analyzing the Accounts

·Preparing the Final Accounts

·Preparation of Fund Flow statement and cash flow statements

·System reports

·Tax Computation

·Representing the client in their Annual General Meeting Education

Accounting and Finance Qualifications

Completed 2 years articles through the Institute of Chartered Accountants of Sri Lanka. Followed CA but couldn’t finish.

Location: Colombo - Sr-Lanka Sri Lanka

Completion Date : December 1990

Passed the GOVERNMENT CERTIFICATE OF EDUCATION “A-LEVELS” EXAMINATION through Mahanama Senior School - Sri Lanka, majoring in the following subjects :-

· Commerce and Finance

· Financial Accountancy

· Economics

· Geography

High school or equivalent, Accounting

at GOVERNMENT CERTIFICATE OF EDUCATION “O-LEVELS” EXAMINATION through Location: Sri-Lanka Sri Lanka

Completion Date : December 1983

Passed the GOVERNMENT CERTIFICATE OF EDUCATION “O-LEVELS” EXAMINATION through St. Thomas College - Gurutalawa - Sri Lanka with Credit marks in all subjects at the first attempt.

Skills

Oracle Financial and any accounting packages, Excel, MS Word, Power point, MS Access, Internet and E-Mail

Level: Expert Experience: More than 25+ years

Languages

English Level: Expert Experience: More than 30 years Arabic - Level: Intermediate Experience: More than 18 years Tagalog - Level: Entry level Experience: More than 7 years Hindi - Level: Intermediate Experience: More than 15 years Sinhala - Level: Expert Experience: More than 10 years Tamil - Level: Expert Experience: Mother Tongue

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