FINANCIAL MANAGEMENT &
ACCOUNTING SERVICES
Today’s businesses need to act quickly and decisively to improve the efficiency and effectiveness of their finance functions. As such, need to align the finance function with their company’s strategy to manage through the expected recovery by creating a more flexible, cost efficient finance organization.
Many finance organizations are comprised of inefficient, manually intensive processes, disparate systems and data structures that are not integrated.
We guide you on :
- Align your Finance organization structure and processes with the business strategy.
- Gain insight into the relative performance of your finance function as compared to your peers and identify performance gaps.
- Reduce the cost of your Finance function.
- Align Finance skills and responsibilities to stakeholder needs.
- Minimize non-value add activities to improve focus on business analysis and support.
- Eliminate and/or simplify complex structures, processes and technology.
- Standardize and integrate systems and leverage enabling technologies in corporate performance management.
- Adopt a performance scorecard linked to value drivers and tied to staff accountability and compensation programs.
- Realize synergies from the management of legal entities.
- Improve the operational performance of your tax function.
- Leverage shared services to deliver routine, high volume transaction processing with economies of scale and analyze outsourcing solutions.
- Incorporate change management activities into every phase of a transformation program.
Accounting Services :
- Assistance in the initial setting up and designing the full set of accounting books and records (chart of accounts, accounting policy, software etc).
- Compilation of management accounts.
- Annual audit assistance (not as auditor, but a role of providing audit required documents and support).
- Accounting review and advisory services.
- Issuance of VAT, SVAT, Non VAT invoices.
- Co-sourcing services (working with the client’s team in order to complete a series of tasks).
- Account review and re-organization for pre-initial public offering (IPO) or initiating negotiation.
- Monthly accounting and book-keeping services on regular basis & on in terms of any liquidation.
- Preparation of annual financial statements.
- Compliance with routine Income Tax and Sales tax matters.
- Accounting reconciliation service (e.g mapping between global and local financial systems, intercompany Account Payable / Account Receivable reconciliation).
- Secondment services (e.g Finance Manager, Accountant, Accounts Assistant, Cashier).
- Cash Management services (e.g Account Receivable collection control, Account payable management).
Address
No.132/1, High Level Road,
Kirulapana, Colombo 06, Sri Lanka.
info@cnl-holdings.com
Phone
011 2 089 732
011 2 089 733