Leader with Budgeting expertise

Dinithi Jayakody, MBA

Thousand Oaks, CA *****

************@*****.*** 805-***-**** www.linkedin.com/in/d-jayakody-mba

Multinational Business Partner

Championing Process Improvement in Financial Reporting

Innovative, performance-driven executive with global background who drives effective interaction by providing the strategic information assisting decision-making. Collaborate successfully with Due Diligence teams on mergers and acquisitions (M&A) and deliver financials to key stakeholders.

Areas of Expertise

BOD presentations Lead Budgeting and Forecasting Financial Reporting Inventory Management COGS

Variance Analysis Business Presentations Key Performance Indicators (KPI)

Capital Expenditure (CAPEx) Return on Investment (ROI) Coaching and Training

Process Improvement Due Diligence for Mergers and Acquisitions (M&A) SOX

Generally Accepted Accounting Principles (GAAP) Maintain Financial change Control

International Financial Reporting Standards (IFRS) Compliance

Business Partnering with Divisions SOX

SAP Oracle Power BI Sage Intacct Microsoft Office (Advanced Excel, PowerPoint, Word, Access) Adaptive planning

Oracle Essbase Oracle Hyperion Excel Add-In (HFM) SAP BW BI-BO Reports InSight PeopleSoft BPC Smart sheets

Education

Master of Business Administration (MBA), Finance, California Lutheran University, Thousand Oaks, CA

Bachelor of Science (BS), Accounting, California Lutheran University, Thousand Oaks, CA

Chartered Institute of Management Accountants (CIMA), London — Completed 2 of 4 stages

Professional Experience

JONI AND FRIENDS, Agoura Hills, CA 2023 — 2024

US based Non-profit organization, $80M revenue, with 230 employees.

Vice President, Accounting and Finance

As a Senior Leadership Team member, participated on strategic decisions of the organization. led Accounting and Finance team on monthly, quarterly, annual close process and financial reports for the International Board of Directors. Introduced new Budgeting models which included full P&L by projects, revenue, expenses and Cashflow. Main point of contact for banking relationships & auditors.

Created new accounting policies after new system implementations (Cash Disbursement, Risk control, Gift in Kind)

Successfully adopted new lease accounting standards (ASC 842) by integrating iLease software.

Successfully implemented MineralTree software with Sage Intacct, provided companywide training which helped to streamline accounts payable process

Worked with different implementation teams on error checking, improved data accuracy, built new financials statements and various reports to help multiple divisions.

Process improvement to the financial closing process, by implementing Accounting Ticketing system which created a centralized platform to submit all requests to the department.

Managed change control

BOSS AUDIO, Oxnard, CA 2019 — 2022

Mobile audio and video products manufacturing company with 150 employees.

FP&A Manager

Directly reported to the CFO, was responsible for the leadership of the Financial Planning and Analysis team as well as for communicating the company's overall financial performance. Lead design and implementation of Power BI for internal reporting. Prepared annual operating plan (AOP), Rolling forecast and weekly sales forecast. Provided weekly cash forecasting to the bank. Managed operational and financial variance analysis in collaboration with cross-functional leadership. Sales forecast by top customers for profitability analysis. Managed financial evaluation of CapEx projects and monitor spending against projects. Analyzed key drivers of the business for presentations. Weekly/monthly sales, COGS, gross margin, spend and other P&L analytics by product and by legal entity. Trained all employees on co-functionalities of PowerBI; managed, mentord the FP&A direct reports.

Lead the design and implementation of PowerBI base reporting and dash-boarding to automate and enhance all financial and operational reporting refined to each business unit’s needs.

Lead Budgeting process, coordinating with functional managers to set formal targets

Weekly submission of consolidated cash flow to the bank.

Lead monthly financial and operational forecasting process which culminates in a rolling 15-month model

Implemented Finance & Accounting change management within the CFO organization.

Implemented capex tracking and approval process

Implemented internal control procedures

Lead the team to provide M&A due diligence reporting as requested by the financial institutions and by auditors.

SEMTECH, Camarillo, CA 2017 — 2017

Global Semiconductor Company with 2.1B market cap and 1400 employees.

Operations Finance Controller (Contract employee)

Financial business partner to the Vice President of Operations and to business unit leadership. Managed weekly/monthly/quarterly operations forecast and annual business plan by business unit. Presented Manufacturing, Distribution, Quality and Facility forecast by function, head count analysis, and ROI, NPV analysis for projects. Quarterly CAPEX presentation. Provided weekly/monthly/quarterly business review presentations to the Chief Financial Officer and Vice President of Operations including presentations to the Board of Directors’ meetings. Regular operations’ support including purchase price variance analysis, reserves and factory load plan review. Provided guidance to achieve financial goals.

INFINEON TECHNOLOGIES AG (IFX), El Segundo, CA 2013 — 2016

Semiconductor company with $6B in annual revenue and 30K employees worldwide. Formerly International Rectifier.

Operations Finance Controller / Senior Financial Analyst

Managed and reviewed consolidated financial reports and led budgeting and forecasting process as primary business partner to all business units. Prepared business review presentations and audit committee reports. Monitored key performance indicators, analyzed variances to plan / forecast. Managed and consolidated companywide inventory and inventory reserves, including excess and obsolete (E&O), raw material reserve, lower of cost or market (LCM). Wrote up and updated internal control procedures and narratives. Led SAP inventory and inventory reserve migration from US due to central function transition to Munich. Generated inventory-related analytics during acquisition and intercompany profit analysis for internal tax team.

Led and Incorporated changes from US GAAP to IFRS in reports due to Infineon acquisition, ensuring compliance with Infineon reporting.

Led quarterly meetings with Business Managers for E&O reserve calculation and Material Review Board (MRB) scrap processes. Helped improve BU P&L impact by providing proactive guidance.

Mapped new account categories to comply with Infineon reporting by collaborating with SAP team to provide footnotes for Infineon reporting and comparable insightful variance explanations.

Created perpetual and work in progress (WIP) inventory reports, including foreign exchange rates (FX), which pulled intercompany profit elimination fields in USD and reduced Operations finance closing by 1 day.

Worked with the M&A team on due diligence reports.

SCHNEIDER ELECTRIC SE, Custom Sensors Technology (CST) Division, Moorpark, CA 2007 — 2013

European multinational company with $35B shareholder’s equity (SE) and 170k employees worldwide, specializing in energy management, CST, specializing in sensors, with $1B annual revenue, 4.7k employees.

Senior Financial Analyst, Corporate FP&A Group

Primary point of contact between Schneider Electric parent company and CST Division. Managed, reviewed and consolidated quantitative and qualitative budgeting / forecasting process (full P&L, analysis of labor, gross margin, selling general and administrative (SG&A), free cash flows and CAPEx) by giving timelines, budget assumptions and deliverables. Delivered monthly and quarterly presentations. Provided productivity initiatives and P&L impact on initiatives to SE parent. Analyzed change in gross margin (AOC) by BU for price, gross productivity, cost inflation and mix effect. Consolidated and analyzed cost by function and by nature. Analyzed KPIs, conducted key internal control audits. Coordinated prior year restatement to bring prior year to current perimeter.

Reviewed work of FP&A department Financial Analyst.

Trained and coached analysts in multiple locations, which standardized reporting requirements and ensured all entities followed SE guidelines for reporting.

Collaborated with M&A team as well as due diligence firm (8 advisory) for 2 years on potential buyout by responding to questions on P&L and restating prior year P&Ls for 3 years.

Led harmonization of chart of account mapping, which standardized reporting within CST companies and made comparison across divisions more meaningful.

Introduced Finance war-room to house reports distributed to management, enabling management to extract prior presentations from one source.

Made yearly improvements to monthly package templates by incorporating useful analytics based on monthly meetings with divisional controllers during year and new SE requirements.

Recognized by CST CEO for working in due diligence team while successfully conducting regular FP&A function.

ABB (Former Power One Inc.), Camarillo, CA 2005 — 2007

Provider of renewable energy, power conversion solution Co. earning $1B in revenue with 3.3K employees worldwide.

Senior Financial Analyst (Acting Controller PSNA-TX)

Performed month-end close and analytical reviews on financial statements. Prepared business review presentations and reports to Board of Directors. Performed gross margin analysis. Prepared budget and quarterly forecast. Prepared material variance reports and updated standard cost. Reviewed balance sheet reconciliations, reserve and warranty analysis. Assisted in internal audits flux schedules for external auditors. Supervised 1 employee in TX.

Assisted in conversion of financials from Legacy system to Oracle for Power Systems North America (PSNA-TX) division and validated post-conversion financials to ensure data integrity, which made PSNA financials comparable to corporate ERP system.

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