Shomalan Reddy
Umhlanga Rocks,South Africa
Summary
Accomplished finance professional with extensive expertise in financial accounting, reporting, and analysis. Demonstrates strong analytical acumen and proficiency in internal and external auditing, project management, and system implementation. Skilled in budgeting, forecasting, and strategic planning with a proven track record of compliance with IFRS and other regulatory standards. Adept at leading teams and managing stakeholder relationships through effective communication. Proficient in Microsoft Office Suite, Oracle, SAP, and other financial software systems. Committed to leveraging creative problem-solving skills to drive organizational success.
Overview
13
13
years of professional experience
1
1
Certification
Work history
Senior Manager, Financial Reporting
Deciem Beauty Group (Estee Lauder Group), ON
2025.11 - 2026.05
- Led consolidation and preparation of company financial statements, ensuring IFRS compliance and accuracy across multiple reporting systems.
- Directed the month-end close process, improving timeliness and reducing reporting cycle delays.
- Oversaw intercompany reconciliations, ensuring accuracy of transactions.
- Reviewed and analyzed transactions for proper cost center allocation and account classification.
- Developed and standardized internal reporting packages to support management decision-making.
- Strengthened SOX compliance by performing and documenting key controls, ensuring financial integrity and audit readiness.
- Acted as guardian of financial reporting integrity, maintaining evidence of control performance and sign-offs.
- Supported transformation initiatives by driving efficiency projects and aligning reporting processes with business objectives.
Finance Reporting Consultant
Brookfield Asset Management
Toronto, Canada
2024.05 - 2025.05
- Onboarded 9 new asset portfolios with system implementation.
- Set up general ledger and trial balance mappings.
- Prepared reporting packs ensuring compliance with IFRS.
- Conducted quarterly financial analysis and lender reporting.
Group Finance Manager (Corporate Controller)
Royal Tyre Group, ZA
Durban, South Africa
2022.12 - 2023.12
- Oversaw the full finance function of the group including daily operations and monthly financial reporting for two trading companies and eleven investment entities.
- Prepared complex account reconciliations, accrual entries, and reviewed intercompany transactions.
- Managed budgeting, forecasting, working capital, and cash flow.
- Maintained ERP system in SAP and prepared monthly management packs for directors.
- Supervised personnel, providing coaching, training, and mentoring.
- Developed and maintained relationships with external stakeholders.
Group Financial Accountant: Risk and Afforestation, Group Financial Controller
Mondi Group Limited
Durban, South Africa
2021.01 - 2022.12
- Supervised personnel and managed monthly, quarterly and yearly financial reporting for the group.
- Collaborated with cross-functional teams for month-end and year-end close.
- Conducted complex analyses, budgeting, and forecasting.
- Liaised with auditors and monitored compliance within finance functions.
- Reviewed all key financial processes to create operational efficiencies and identified control gaps.
- Project management within the Finance Department.
- Prepared financial statements in terms of IFRS for public company reporting.
Cost Controller
Mondi Group Limited
Durban, South Africa
2018.03 - 2018.06
- Analyzed, and reported on costs and allocations to local plants.
- Prepared detailed analyses of monthly fixed costs to identify and correct problem areas.
- Prepared journals and monthly Intercompany entries for processing and invoicing.
Fixed Assets Accountant
Mondi Group Limited
Durban, South Africa
2017.02 - 2018.02
- Conducted monthly financial reporting and administration process for fixed assets and capex including the timely preparation of financial information, account reconciliations and accrual entries.
- Prepared budgets and forecasts for the South African division.
Associate Accountant (Public Accounting)
Accensis Incorporated
Durban, South Africa
2013.02 - 2017.01
- Completed traineeship to qualify as a Chartered Accountant.
- Audited financial statements for various industries, ensuring IFRS compliance.
- Prepared annual financial statements, business plans, and audit reports.
- Drafted and presented audit findings, recommending internal control improvements.
Education
Bachelor of Commerce - Accounting
University of KwaZulu-Natal
Post Graduate Diploma - Accounting (with CTA)
University of KwaZulu-Natal
Chartered Accountant -
The South African Institute of Chartered Accountants
4th Industrial Revolution for Accountants -
University of Johannesburg
Skills
- Analytical acumen
- Financial accounting and reporting
- Internal and external auditing
- Financial analysis
- Project management
- System implementation
- Budgeting and forecasting
- Team leadership
- Stakeholder relationship management
- Effective communication
- Strategic planning
- Consolidations
- Creative problem solving
- Compliance with IFRS and other regulatory reporting standards
- Microsoft Office Suite (Excel, Word, PowerPoint, Outlook, Teams),
- IT Skills : Oracle, Hyperion, One Stream, SAP, Pastel, CaseWare Working Papers, Audit board, Microsoft Dynamics D365, Blackline
Certification
The South African Institute of Chartered Accountants (SAICA) - 2018
Special Project
Project lead on the early adoption of IFRS 16 for Mondi South Africa, and system implementation of the Mondi IFRS 16 software in South Africa, including direct coordination with internal reporting teams and IT, 2017
Awards and Achievements
Streamlined reporting process from paper recons to electronic during COVID, Innovation of the monthly reporting process to streamline month end submissions and easily troubleshoot problem areas – Saved 1 day in reporting, Member of capex project submitted to the president of South Africa for investment in the country
Timeline
Senior Manager, Financial Reporting
Deciem Beauty Group (Estee Lauder Group), ON
2025.11 - 2026.05
Finance Reporting Consultant
Brookfield Asset Management
2024.05 - 2025.05
Group Finance Manager (Corporate Controller)
Royal Tyre Group, ZA
2022.12 - 2023.12
Group Financial Accountant: Risk and Afforestation, Group Financial Controller
Mondi Group Limited
2021.01 - 2022.12
Cost Controller
Mondi Group Limited
2018.03 - 2018.06
Fixed Assets Accountant
Mondi Group Limited
2017.02 - 2018.02
Associate Accountant (Public Accounting)
Accensis Incorporated
2013.02 - 2017.01
Bachelor of Commerce - Accounting
University of KwaZulu-Natal
Post Graduate Diploma - Accounting (with CTA)
University of KwaZulu-Natal
Chartered Accountant -
The South African Institute of Chartered Accountants
4th Industrial Revolution for Accountants -
University of Johannesburg