Head of Finance Operations

Colombo - Sri Lanka

Monthly Salary: Not Disclosed

Posted on: 4 hours ago

Vacancies: 1 Vacancy

Job Summary

Key Responsibilities

Billing Operations

Ensure timely accurate and complete invoice in line with customer contracts delivery milestones and billing schedules
Establish strong billing controls to minimize revenue leakage disputes and delayed collections
Partner with Sales Delivery and Legal teams to resolve billing issues and contract interpretation matters
Monitor billing performance metrics and drive continuous improvement in billing cycle times and accuracy

Revenue Recognition

Ensure revenue recognition is performed in compliance with SLFRS/LKAS (including applicable revenue standards) and Axiata Group policies
Review and approve revenue recognition assessments for complex contracts milestones and multi-element arrangements
Maintain strong documentation controls and audit trails to support revenue recognition judgments
Partner with Financial Accounting and Audit teams to ensure consistency and compliance

Unbilled Revenue Monitoring

Establish robust processes to identify monitor and report unbilled revenue on a timely basis
Ensure timely conversion of unbilled revenue to billed revenue minimizing aged unbilled balances
Investigate and resolve root causes of delayed billing or revenue recognition
Provide clear visibility and reporting on unbilled exposure risks and trends to senior management

Budget Controlling (Capex & Opex)

Lead operational budget controlling for Capex and Opex ensuring spend is within approved budgets and aligned with business priorities
Monitor actuals against budgets and forecasts identifying variances and recommending corrective actions
Establish approval controls commitment tracking and budget governance mechanisms
Partner with Business and Delivery teams optimize cost efficiency and resource utilization

Revenue Forecasting & Performance Monitoring

Lead revenue forecasting processes in collaboration with Sales Delivery and Business teams
Ensure forecasts are accurate data-driven and aligned with pipeline contract status and delivery plans
Monitor revenue performance against forecasts and budgets identifying risks and opportunities early
Provide actionable insights and forward-looking analysis to support management decision-making

Secretariat to the Investment Committee

Act as the secretariat to the Investment Committee providing end-to-end coordination and governance support
Coordinate preparation review and circulation of investment proposals business cases and supporting financial analyses
Ensure investment submissions comply with approved governance frameworks financial thresholds and Axiata Group requirements
Organize Investment Committee meetings agendas papers and minutes ensuring timely follow-up on decisions and action items
Track approved investments monitor post-investment performance and support benefits realization reporting
Serve as the key point of coordination between business sponsors Finance Strategy and Group stakeholders on investment matters

Operational Finance Governance & Continuous Improvement

Strengthen operational finance controls reporting quality and process discipline across ADL
Drive standardization automation and system improvements across billing revenue and budget control processes
Support internal and external audits related to operational finance areas
Build a high-performance finance operations function with a strong service and business partnership mindset

Person Specifications

Bachelors degree in finance Accounting or a related field. Professionally qualified accountant (CA Sri Lanka / ACCA / CIMA or equivalent)
10 years of experience in finance operations revenue management or controlling roles
Experience in IT services digital or project-based environments preferred
Exposure to group reporting and multinational operations is an advantage
Hands-on experience in managing audits and implementing internal controls
Strong knowledge of financial management principles accounting standards and regulatory requirements
Proficiency in financial analysis budgeting forecasting and performance monitoring
Advanced proficiency in financial systems accounting software and MS Excel
Strong analytical problem-solving and decision-making skills
Excellent communication presentation and stakeholder management skills
Strong leadership and team management capability
High level of integrity professionalism and accountability
Detail-oriented with a strong focus on accuracy and quality
Proactive results-driven and able to work effectively under pressure
Collaborative team player with a continuous improvement mindset

Key Responsibilities Billing OperationsEnsure timely accurate and complete invoice in line with customer contracts delivery milestones and billing schedules Establish strong billing controls to minimize revenue leakage disputes and delayed collectionsPartner with Sales Delivery and Legal teams to re...