The Shared Services Centre, whose primary task will be transforming finance for growth, will be responsible for process standardisation, process documentation and the harmonisation of accounting standards and practices across the Brandix Group and the alignment of all financial accounting policies with Group policy and goals.
One of its objectives will be to move the processes within strategic business units from different schools of thought to best practices that lead to long term value creation. Nadun Fernando, a former Chief Financial Officer of one of the clusters within the Brandix Group has been appointed Head of Shared Services.
According to Kishan Jayasekera, Chief Operating Officer - Group Treasury & Business Services, the Centre's remit will cover people, processes and technology and its role will encompass driving process excellence, customer satisfaction and cost reduction, managing risk and measuring and monitoring business performance.