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Candidate Details
Name :
Naradha Rajakaruna
Qualification :
Finance Manager
Industry :
Operations Management
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Finance Manager

Our client Naradha is an Operational Finance Professional with expertise in developing innovative strategies, streamlining operations for the business turnaround, and establishing robust internal controls with corporate governance frameworks to increase efficiency and profitability.

About Naradha

Operational Finance Professional with expertise indeveloping innovative strategies,streamlining operations for the business turnaround, and establishingrobust internal controls with corporate governance frameworks to increaseefficiency and profitability. Experienced with both start-ups and globalmulti-billion-dollar organisations, and a track record for achieving processexcellence linked to overall strategic & business objectives. Highly effective negotiator, leader andcommunicator, able to win the trust of stakeholders to achieve goals ethically and professionally. Fellow Member of the Institute of Public Accountants(IPA), Australia and the International Federation of Accountants (IFA), UK

Areas of Expertise

  • Financial Planning
  • Accounting & Financial Management
  • Mergers & Acquisitions
  • Performance Measurement
  • Growth Strategy Development
  • Team Development

Technical Skills

  • AS / 400 (System 21) ERP, Sage 300 ERP
  • TALLY (7.2) Financial Module, Intuit Qbooks
  • Excel, VLOOKUP


  • Increased group operational profit by 23%year on year (2020 Vs 2021) & Market share of the banking & financesector in Sri Lanka increased by 5% despite COVID-19 and other challenges
  • Implemented process improvement mechanism andcontrols and new costing sheet to streamline Banking and software developmentoperations. As a result, the conversion ratio of budgeted funnel to invoicedincreased from 47% to 88% in the year 2020/21
  • Differed revenue ratio reduced from 97% to 26%and maintained HIGH sales conversion ratio while maintaining LOW deferredinvoicing pattern
  • Concluded the group annual audit for the financialyear 2015 operations before the deadline to save interim tax payment of US$2.5Mn and managed to get a tax credit for the next 5 years (2016)
  • Established a Joint venture to operate a Dockyardbusiness in the Maldives between Coastline Maldives and DIMO Sri Lanka afterhaving a detailed feasibility study and market survey (2017)
  • Successfully concluded refinancing facilityof US$ 30 Million to our Resort operations with a syndicated financial facilityfrom Sri Lanka (2018)
  • Sale of 5-star resort property to German-basedhotel chain (2019)
  • Successfully concluded debt restructurefacility of US$80 Million to the company’s Oil & Gas operations fromMauritius Commercial Bank (MCB) (2019)
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