Nuwan De Silva, CFA
Colombo, Sri Lanka •--• LinkedIn
Corporate Finance & Treasury Management
Accomplished and results-driven professional with extensive experience leading
all aspects of strategic planning and reporting, corporate finance and treasury
within top-tier organisations.
Summary
Summary
Career Experience
Expert at overseeing finance and
business restructuring, conducting
financial feasibility & valuations,
deal structuring, and capital raising.
Adept at setting up systems and
procedures to ensure financial
governance. Expert in financial
reporting, MIS implementation and
tax. Ability to Identify and mitigate
financial risks, including market,
credit, operational, and liquidity
risks, to ensure business's financial
stability. In-depth knowledge of
costing and pricing along with
financial planning.
Alerics Ice Cream – Sri Lanka
Managing Director
Areas of Expertise
• Business Turnaround
• Financial
Modelling
&
Forecasting
• Corporate Finance Management
• Financial Valuation & Feasibility
• Lean Concepts & Due Diligence
• Budget & Capital Management
• Financials controls & procedures
• MIS implementation and financial
reporting
• Risk Assessment & Mitigation
Education
CFA®
Institute
Charterholder,
CFA
Bachelors, International Business
La Trobe University – Melbourne
Turnaround a distressed FMCG brand during the covid period. Restructuring the company
and the business model to make Alerics Ice Cream one of the most innovative and fastest
growing brands in Sri Lanka. Setup the right financial controls and implemented systems in
place to have overall business transparency and accountability. Product development and
operational excellence through collaboration with international experts. Developing and
executing a marketing strategy which successfully grew the company by 6X within a 3-year
horizon.
•
Successfully rehabilitated and transformed Alerics to be a profitable entity through
development and execution of innovative business strategies, recruitment and
orchestration of essential teams, and procurement of capital.
•
Secured the titles of "Brand of the Year" and "Turnaround Brand of the Year" in 2022
from SLIM for achievements of Alerics.
•
Established and implemented financial controls and systems to govern the company
towards profitable growth.
•
Designed and executed a marketing strategy which enabled Alerics to be the fastest
growing Frozen Confectionary brand in the country with 6X sales growth within 3 years
•
Capital raising, debt restructuring to revive an entity with no going concern to become
a household brand name with net positive cashflows.
Brandix – Sri Lanka
May 2018 – Dec 2020
Heads DGM Corporate Finance, Strategy and Treasury Markets
Directed group's strategy, treasury, and corporate finance functions to oversee day-to-day
operations. Oversaw long-range planning, budgeting, and rigorous financial reporting and
review processes across group. Steered group's digitalisation initiative forward by
collaborating with Accenture and various other third-party entities. Led numerous M&A
endeavours, spearheaded corporate restructuring efforts, conducted meticulous financial
valuations, managed Capex allocations, and strategized on tax planning initiatives.
Supervised treasury market operations, which encompass management of group cashflows,
mitigation of FX and interest-related risks, capital structuring, and optimisation of investment
portfolio's returns.
•
Led corporate planning (Strategy) division, responsible for long-range planning,
budgeting, and monthly reporting, introducing system-based budgeting and
forecasting tools that streamlined processes by over 50%.
•
Pioneered a financial transformation initiative in partnership with Accenture by utilising
financial data points to assess business progress and initiating over 30 cost
rationalisation programs across organisation.
•
Reduced reporting time from over seven days to near real-time reporting by enhancing
MIS processes, developing and implementing reporting and dashboarding systems for
operational and strategic monitoring.
•
Restructured exciting funding to optimise tax impact, funding lines and, inter-company
transfer pricing by establishing a central treasury operation based off of Singapore.
Charted
Global
Management
Accountant (CGMA), CIMA
Masters, Data Analytics (Ongoing)
Robert Gordon University, Scotland
Brown Belt in Lean Management
Diploma, International Relations
BCIS – Colombo
Dec 2020 – Present
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•
Partnered with IFC to secure a USD 50M preferential funding line for group.
Hela Clothing – Sri Lanka
Group Treasurer and Head of Corporate Finance
May 2016 – May 2018
Orchestrated organisation's preparations for going public, whilst establishing treasury activity standards and
spearheading group's expansion projects. Supervised and optimised group's liquidity position to emphasise balance
sheet restructuring, efficient working capital management, project financing, and the implementation of a cutting-edge
treasury system.
•
Collaborated closely with private equity and venture capital investors to champion organisation's profile for
securing pre-IPO funding.
•
Pioneered corporate finance initiatives for group, encompassing expansions into South Asian, African and North
American regions.
•
Led strategic charge in preparing organization, including tax and financial structuring, for its upcoming public offering.
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MAS Capital – Sri Lanka
Head of Corporate Finance, Strategy and Treasury
Sept 2011 – Nov 2016
Collaborated with group finance director to advise senior management on group strategy, conducted investment
and project appraisal, actively participated in budgeting and strategic planning processes, and adeptly managed
group's cash resources, financial risk, and liquidity. Spearheaded comprehensive business and financial analysis
of strategic business units within organisation. Led organisational restructuring efforts and structured deals,
including intellectual property (IP) arrangements.
•
Orchestrated multiple deals in technology, brand management, and manufacturing fields, with an average deal
size exceeding USD 20M, including several large-scale deals worth USD 100M or more.
•
Contributed to a team that architect’s tax-efficient cross-border business structures for a multinational company
with an annual turnover of USD 1.5B.
•
Managed LKR 2B equity fund in Sri Lanka, recognised as one of largest private equity funds in country,
consistently delivering above-market returns.
•
Spearheaded management reporting, ERP implementation, financial reporting, and budgeting and long-range
planning cycles for group.
•
Provided visionary leadership in formulating and implementing strategies for a USD 2B group.
Additional Experience
Senior Financial Analyst, Asia Capital – Colombo
Management Accounting Intern, HSBC – Colombo
Research Assistant, United Nations Funded Projects – Colombo
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