Vaseharan Malarahithasarma
Johannesburg
Summary
Reliable finance professional with 13+ years of experience which created a robust foundation in finance and a keen analytical acumen. Currently focusing on enhancing financial operations and business services at Qatar Airways with in Southern Africa Region.
Ability to handle multiple projects simultaneously with a high degree of accuracy and Detail-oriented team player with strong organizational skills
Overview
14
14
years of professional experience
6
6
years of post-secondary education
Work History
Finance Business Services Specialist
Qatar Airways
Johannesburg, South Africa
01.2022 - Current
- Oversee financial and Tax compliances with in Southern Africa Region.
- Support business units by maintaining and facilitating Financial management information
- Perform trend analysis on operating expense Vs Capacity Vs Income generation and report to BU Managers for better decision making
- Continuously monitor current processes and engage with senior management for process improvement and automate financial processes to be aligned to all appropriate controls, business financial health and growth objectives
- Collaborate with Business Units in preparation of OH and Man power budget for region.
- Oversee and authorize Payroll and accounting for region and ensure related statutory compliances
- Maintain legal, statutory, and regulatory compliances in the region
- Supervise team of Finance GBS Coordinators on day to day basis to develop, coach and mentor to achieve KPI's and general GBS Objectives
- Ensure appropriate, active, and informative relationships with relevant stakeholders are successfully maintained
Finance Supervisor
Qatar Airways
Johannesburg, South Africa
06.2018 - 12.2021
- Oversaw accounts payable/receivable functions, managing cash flow effectively to optimize working capital utilization rates while maintaining strong vendor relations through prompt payment processing.
- Streamlined month-end closing procedures, reducing time spent on reconciliations and ensuring timely financial statement preparation.
- Assisted in successful completion of external audits by providing comprehensive documentation and addressing auditor inquiries efficiently.
- Reduced budget variances through regular monitoring of expenses and proactive identification of potential issues
- Developed robust internal controls that significantly reduced instances of fraud and errors within finance department.
- Implemented cost-saving initiatives that positively impacted company's bottom line without compromising service quality or employee satisfaction levels.
Finance Officer
Serendipity Travels Worldwide Group
Durban, South Africa
06.2014 - 05.2018
- Optimized cash flow management, ensuring timely payment of invoices and reducing outstanding debts.
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
- Collaborated with team leaders to define standards, policies and procedures to meet company revenue goals.
- Established strong relationships with key vendors, negotiating favorable terms to benefit the organization''s bottom line.
- Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
- Assisted executive leadership in making informed decisions by providing reliable financial forecasts based on rigorous analyses.
Compliance & Risk Officer
SMB Securities Pty Ltd
Colombo, Sri Lanka
06.2011 - 04.2014
- Ensured that the Stock brokers trade within the Compliance Policies set by the Stock Exchange
- Reduced compliance risks by 99% in first 12 months and NIL Audit points on Stock Exchange Audit which resulted in saving potential fines by authorities
- Managed Credit sales exposure not exceeding 90% of the holding stock
- Participated in audit reviews, providing expertise on risk-related matters and ensuring accurate documentation of findings.
- Identified areas for efficiency improvements throughout the organization using targeted cost-benefit analyses.
Finance Assistant
SMB Securities Pty Ltd
Colombo, Sri Lanka
09.2010 - 06.2011
Education
Advanced Diploma in Management Accounting - Accounting
CIMA - UK
London, UK 09.2010 - 05.2012
Bachelor of Science - Management Information Systems
University of Peradeniya
Kandy, Sri Lanka 08.2006 - 08.2010
Skills
Problem-solving abilities
Adaptability and Flexibility
Analytical and Critical Thinking
Multitasking and Organization
Attention to Detail
Timeline
Finance Business Services Specialist
Qatar Airways
01.2022 - Current
Finance Supervisor
Qatar Airways
06.2018 - 12.2021
Finance Officer
Serendipity Travels Worldwide Group
06.2014 - 05.2018
Compliance & Risk Officer
SMB Securities Pty Ltd
06.2011 - 04.2014
Finance Assistant
SMB Securities Pty Ltd
09.2010 - 06.2011
Advanced Diploma in Management Accounting - Accounting
CIMA - UK
09.2010 - 05.2012
Bachelor of Science - Management Information Systems
University of Peradeniya
08.2006 - 08.2010