Summary
Overview
Work History
Education
Skills
Accomplishments
Software
Certification
Timeline
BusinessAnalyst
Nuwan Premachandra

Nuwan Premachandra

Granada-Hills,CA

Summary

Results-driven Director experienced in financial statement review, auditing and reporting. Well-versed in producing reports, evaluating department operations and handling month- and year-end closings. Meticulous, conscientious and methodical in approach. Strategic-thinking individual experienced in turning low-performing organizations into top revenue producers. Offering engaging and pleasant personality with expertise improving customer relationships and team building.

Overview

17
17
years of professional experience
12
12
years of post-secondary education
1
1
Certification
1
1
Language

Work History

DIRECTOR OF RESIDUAL CLAIMS & AUDITS

FMSMF
Encino, CA
12.2021 - Current
  • Developed compliance and oversight plans for 146 million in residual claims remitted to Film Musicians. Investigated, evaluated and adjusted multi-line claims in accordance with standard contracts and laws.
  • Recruited, trained, managed, and motivated the department’s internal staff of 12 and 60 external staff, while transitioning the positive culture conformity.
  • Created the first compliance audit program and built staff for the new department. Provided management with the KPI's to efficiently manage future procedures and maintain financial compliance.
  • Planned, budgeted, and oversaw the Fund’s -procedures and compliance reviews (a/k/a “audits”) of contributing companies (studios, distributors, and other obligated parties), which included the external auditing team's residual calculations
  • Negotiated settlement terms and signed non-disclosure agreements on behalf of the fund
  • Prepared information required by the Fund’s outside legal counsel on bankruptcies, litigation, and claims resulting from audits
  • Prepared monthly reports detailing the status of audits for review and prepared semi-annual reports on statuses for transmittal to the Oversight Committee

Assit. Manager of Audit Compliance and Contracts

MOTION PICTURE INDUSTRY PENSION AND HEALTH PLANS
Studio City, CA
08.2015 - 12.2021
  • Represented 130 K employees throughout the Motion Picture Industry nationwide and oversaw 12 billion in assets
  • Led a team of 53 internal and external employees working in Audit, Accounts Receivable, Accounts Payable, and Collections while keeping the Board of Directors informed on all financial matters
  • Lead corporate quality assurance administered by Blue Cross Blue Shield, Kaiser, UCLA Health, and Oxford
  • Cut down company liabilities from $15 M to $1.2 M and boosted the department audit output
  • Organized the outsourced collections of two law firms, Wohlner Kaplon and Bush Gottlieb, regarding Compliance, collections, and collective bargaining agreements issues, under ERISA
  • Lead multi-departmental projects and improved the company efficiency by 12% by using Six Sigma methodologies in compliance with the USC - Six Sigma program requirements
  • Reviewed the 4,000+ annual contracts for rate changes, kept the Board of Directors/studios up to date on the contractual changes, and identified potential risks
  • Designed, developed, and implemented the first-ever investigation policy plan, procedures, and template in adherence to ERISA regulations supporting the enterprise vision and mission.

BANKRUPTCY SPECIALIST II

BANK OF AMERICA
West-hills, CA
01.2012 - 08.2015
  • Developed 12 analytical reports managing the foreclosed properties for Senior Management teams, identifying each home's specific issues regarding the property condition, attorney performance, and regulatory status
  • Supervised and trained a team of 12 associates in bankruptcy rules and regulations for all 50 states
  • Created audit reports on the activities of the 2,000 bank’s contract attorneys across the country and made recommendations that reduced operating loss by 10%
  • Worked with all regulatory obligations such as Regulation B, Regulation C, Regulation D, Regulation E, filing motions for relief, Unclaimed Property Regulations, Regulation DD, Tax Reporting and etc
  • Led a beta test to identify gaps in legal services and identified over 240 bank attorneys nationwide requiring improvement
  • Analyzed the bank’s 3 enterprise groups to reduce costs, including legal fees, regulatory fees, and loss of investment income.

UNIVERSAL BANKER II

US BANK
Woodland Hills , CA
01.2009 - 12.2012
  • Created new customer accounts for Auto and RV loans, Certificates of Deposit, Money Markets, personal loans, and business banking solutions
  • Increased new customer engagement by deploying a strategy to track customer contacts, existing services, and future offerings using excel spreadsheets and an MS Access Database
  • Worked with customer KPIs, ACH processes, and Regulation E, considered business Risk and Accounting
  • Provided customer assistance regarding the status of accounts and enhanced account sales productivity by 14% annually by resolving account disputes
  • Generated 30% higher profit for the branch by cold calling business customers, averaging 1 new customer for every 17 calls.

HARDWARE/SOFTWARE ASSET SPECIALIST

COUNTRYWIDE HOME LOANS
Simi Valley, CA
01.2008 - 12.2009
  • Analyzed over 130 IT asset management groups, ensuring all data is in line with corporate policies and procedures
  • Reviewed all systems and programs used throughout the company to ensure data integrity and security at 100%
  • Increased the accuracy by 33% of tangible asset reports by enabling asset tracking and implementing a remediation audit for laptop computers, cell phones, and office equipment at assigned locations
  • Organized 12 hardware repositories throughout the nation and monitored various vendors and vendor agreements
  • Recognized by management for exceeding the IT department's Service Level Agreement for 1,300 branches nationwide.

Education

Master of Business Administration (MBA) - Finance

UNIVERSITY OF CALIFORNIA LOS ANGELES (UCLA)
Los Angeles, CA
08.2021 - 06.2023

Bachelor of Science - Management

CALIFORNIA STATE UNIVERSITY NORTHRIDGE (CSUN)
Northridge, CA
09.2007 - 12.2017

Skills

    Business office administration

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Accomplishments

  • Six Sigma (Greenbelt) - University of Southern California
  • Lead several Six Sigma Programs, including a multimillion-dollar project for ascertaining delinquent contributions from various employers and improving payroll processes
  • Finance Certification – University of California Los Angeles (UCLA)(In Progress) – Expected June 2023

Software

Tableau

Office

MS Projects

SmartSheet

Agile

Certification

Six-Sigma (Green Belt)

Timeline

DIRECTOR OF RESIDUAL CLAIMS & AUDITS

FMSMF
12.2021 - Current

Master of Business Administration (MBA) - Finance

UNIVERSITY OF CALIFORNIA LOS ANGELES (UCLA)
08.2021 - 06.2023

Six-Sigma (Green Belt)

02-2017

Assit. Manager of Audit Compliance and Contracts

MOTION PICTURE INDUSTRY PENSION AND HEALTH PLANS
08.2015 - 12.2021

BANKRUPTCY SPECIALIST II

BANK OF AMERICA
01.2012 - 08.2015

UNIVERSAL BANKER II

US BANK
01.2009 - 12.2012

HARDWARE/SOFTWARE ASSET SPECIALIST

COUNTRYWIDE HOME LOANS
01.2008 - 12.2009

Bachelor of Science - Management

CALIFORNIA STATE UNIVERSITY NORTHRIDGE (CSUN)
09.2007 - 12.2017
Nuwan Premachandra