CFO / Vice President, Finance / Financial Controller

Moe Ranjan, MBA, CMA, CPA, CGMA

Executive Summary & Career Objective

With proven experience and skills in financial management, risk

management, Venture Capital financing and IPO, Controls, full-cycle

accounting, cost reductions, profitability and productivity improvements,

seeking a suitable position in overall Business Operations, Finance,

Accounting.

Industry Experience in Finance & Accounting

Manufacturing and distribution; wholesale and retail; software and

technology development, solutions and services;

chemicals/plastics/industrial/durable/consumer products; food processing;

printing; business banking; construction and infrastructure development;

business process outsourcing.

Overall general Responsibilities managed in Finance & Accounting

Responsible for complex multinational, multi-currency, multi-company

financial management, risk management, consolidated reporting for both

publicly traded and privately owned companies, MD&A, Canadian GAAP,

Private Enterprise (PE) GAAP, U.S. GAAP, full-cycle accounting, analysis

and financial modelling, standard and project costing, BOM, pricing,

budgeting, forecasting, software revenue recognition, royalties,

contracts, transfer pricing, inventory management, conversions to ERP

systems, conversion to IFRS, treasury, insurance, banking, payroll,

taxation, SR&ED, Controls, SOX, CSOX, audits, improve processes & SOPs,

Management Information Systems (MIS), M&A, Venture Capital financing,

IPO, divestitures, business consolidations, financing, investor

relations, corporate strategies & restructuring, business plans, special

projects.

Professional Experience

Vice President, Finance, Morega Systems Inc, Toronto (2013)

Morega is a software and systems company that provides innovative media

mobility solutions for Multi-Channel Operators and Consumer Electronics

OEMs on a global basis.

Overall manage finance and accounting as per IFRS and U.S. GAAP, Venture

Capital and Bank financing, internal and external financial reporting and

analysis to the CEO/Venture Capital Investors and the Bank. Manage

banking relationships in Canada and U.S.A., external audits, SR&ED,

transfer pricing and taxation in Canada and U.S.A. Responsible for

budgeting, forecasting, planning, consolidated financial statements, full-

cycle accounting, payroll, costing, contracts, cash flows and treasury

functions. Use MS Dynamics Great Plains and FRx for full-cycle

accounting and financial reporting.

Achievements:

. Successfully managed another round of Venture Capital financing from

investors.

Financial Controller (Contract) (2009 - 2013)

Assignments undertaken in various Companies:

(1.) Managed Finance and Accounting department in a fast growing

manufacturer of consumer packaged natural food and beverage products

(CPG) in Canada and USA. Managed full-cycle accounting as per Canadian

and U.S. GAAP, consolidated financial & management reporting, financial

and operational analysis, cash flow, budgeting, forecasting, intercompany

transactions, transfer pricing, internal & external audits, SR&ED,

standard costing, BOM, inventory, payroll, taxation, treasury, insurance,

banking, staff supervision and development, improved processes and SOPs.

Managed system conversion from Great Plains ERP and FRx to MS Dynamics

NAV ERP.

(2.) Managed finance and accounting operations and financial reporting as

per Canadian, U.S. GAAP and IFRS in a large publicly listed multinational

high technology medical equipment manufacturing company, a subsidiary of

Fujifilm group of companies. Supervised staff and managed overall full-

cycle accounting, inventory, costing, forecasts, budgets,

reconciliations, financial analysis, MD&A, cash flow, treasury, SR&ED,

taxation, transfer pricing, intercompany transactions, SOX compliance,

audit, full financial and management reporting to both internal and

external stakeholders in the multi-company, multi-currency global

operations. Assisted through ERP system conversion from Sage ERP ACCPAC

and MISys to Oracle.

(3.) Analyzed the existing CMS ERP system in a large manufacturing Group

which design and manufacture plastic rigid containers and products, with

operating plants in Canada, U.K. and U.S.A., and improved on the full-

cycle accounting, financial and management reporting, financial and

operational analysis, financial modeling, operating policies and

procedures, controls, and integrated TM1 financial reporting and analysis

software with CMS ERP.

(4.) Successful amalgamation (M&A) of the acquired company's

manufacturing operations with the existing operations in the contemporary

home decor, lifestyle accessories and accent furniture industry.

Evaluated and improved the costing process, established profitability for

each product. Managed finance and accounting staff, accounting,

financial analysis, financial and management reporting, restructuring,

analyzed and established controls through the amalgamation process.

(5.) Tagged and validated financial reporting data to XBRL (eXtensible

Business Reporting Language) reporting.

(6.) Analyzed the operations and identified specific areas for cost

reductions. Converted from QuickBooks to MS Dynamics Great Plains and

FRx. Analyzed and converted to IFRS (International Financial Reporting

Standards) reporting. Successfully achieved cost savings of 60% through

consolidation of finance and accounting operations.

Chief Financial Officer, Commercial Spring & Tool Company Ltd, Toronto

(2008 - 2009)

Mid-size group of companies in Canada and U.S.A. manufacturing and

globally distributing components for automotive, electronic,

communication, construction and mining industries.

Achievements:

. Achieved 75% savings in time required for monthly/quarterly/annual

financial reporting.

. Effectively managed consolidated financial & management reporting,

financial analysis, internal & external audits, costing, inventory,

payroll, taxation, insurance, banking, treasury, cash flow, budgeting,

forecasting, intercompany transactions, full-cycle accounting, improved

processes & SOPs, supervised and developed staff.

. Conversion to CMS ERP system led to reduction in operational costs in

Materials Management and Finance/Accounting functions by 30%.

Corporate Controller, Redknee Solutions Inc, Toronto (2005 - 2008)

Publicly traded mid-size multinational Company with operating

subsidiaries located in several countries in Europe, Asia, Middle East,

and in Australia and U.S.A. It develops and provides software solutions,

services and products to the communications sector.

Achievements:

. Reduced operating costs by 25% through restructuring of specific

operations.

. Established and managed compliance with the Sarbanes-Oxley (SOX) Act of

the U.S.A. and CSOX of Canada regarding financial controls, corporate

governance and financial reporting.

. Achieved 80% savings in time required for consolidated reporting through

effective design and implementation of the global accounting and

reporting system, converted from QuickBooks to MS Dynamics Great Plains

and FRx for individual subsidiary companies located in various countries

and on consolidated basis at the corporate level.

. Successfully prepared and obtained venture capital financing.

. Analyzed, prepared and successfully took the Company public by listing of

stocks, obtained high Company valuation, and obtained funds through a

successful IPO.

. Successfully analyzed, negotiated and acquired an operating Company in

Australia.

. Developed and executed plans to professionalize accounting, finance,

budgeting, forecasting, transfer pricing, software revenue recognition,

and reporting to various internal and external stakeholders.

. Set up and managed MIS, variance analysis, controls, account codes,

preparation and filing of corporate tax returns and financial statements

in Canada and U.S.A., preparation and filing of income tax credits for

SR&ED, individual company financial statements as per GAAP of several

countries, including Canadian and U.S. GAAP, MD&A, and consolidated

financial accounting and reporting at the corporate level.

Corporate Controller, Iovate Health Sciences Inc, Toronto (2004 - 2005)

Large multinational group of companies (85+ companies) having

manufacturing plants in Canada and U.S.A. that manufacture and distribute

consumer packaged (CPG) nutritional food supplements.

Achievements:

. Developed and managed for more than 85 companies, complex consolidated

external and internal financial reporting, MD&A, transfer pricing,

intercompany transactions, royalties, inventory, costing, payroll, multi-

level tax analysis and filings, audits, analysis and periodic management

reports including recommendations for improvements and opportunities for

cost reductions, managed and developed finance and accounting staff.

. Developed Business Process Flows for finance and accounting operations

and improved controls.

. Successfully converted from Great Plains Dynamics and FRx to SAP ERP.

Corporate Controller, Metro Label Group, Toronto (1999 - 2004)

Large Group that manufacture and distribute pressure-sensitive labels and

tags in Canada and U.S.A.

Achievements:

. Increased revenues by 50% and operating margin by 6% through successful

M&A of three manufacturing Companies in Canada and U.S.A. with the

existing operations.

. Effectively managed full-cycle accounting as per Canadian and U.S. GAAP,

consolidated financial & management reporting, financial analysis, MD&A,

internal & external audits, costing, inventory, payroll, taxation,

insurance, banking, treasury, cash flow, budgeting, forecasting, transfer

pricing, intercompany transactions, controls, improved processes & SOPs,

supervised and developed staff.

. Successful conversion to Macola ERP system throughout all group

companies.

Controller, Bestwood Electronics Inc, Vancouver (1991 - 1994)

Mid-size multinational Group developed and manufactured electronic

products, consumer electronic learning toys and games, software solutions

and hardware for process controls and automation.

Achievements:

. Set up the entire internal and external financial reporting and analysis,

full-cycle accounting, finance and accounting team, financial and

operational controls, SR&ED, inventory, costing, insurance, banking,

payroll, taxation, policies and procedures for operations in Canada and

U.S.A.

Education & Professional Development

. Certified Public Accountant (CPA) (U.S.A.); Chartered Global Management

Accountant (CGMA) (U.S.A.); U.S. Income Tax (State Univ. of New York, NY)

. MBA (Univ. of Toronto); CMA (BC)

. Computer Skills: Excel, Word, Access, PowerPoint, Visio, Simply

Accounting, Sage ERP ACCPAC, MISys, IOA, PSI, QuickBooks, Avanti, JD

Edwards, Macola, MFG/PRO, JDH, Tally, TM1, ADI, FRx, MS Dynamics Great

Plains ERP, CMS ERP, Oracle, SAP ERP, MS Dynamics NAV ERP.

. Membership: American Institute of Certified Public Accountants (AICPA)

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