Career Profile
**+ years of experience in managing financial teams and leading financial reporting, management reporting, accounting, processes, internal controls, tax and assurance
Supporting mergers and acquisitions from mid-size to multi-billion dollar company: PPA accounting, goodwill valuation and impairment
Consolidation
Full Cycle Accounting
Period end closing
Foreign Currency Translation
Related Party Transaction
Intercompany Transaction
Revenue Recognition
IFRS, Canadian GAAP, US GAAP, CAS
Budgeting, forecasting & variance analysis
Strategic Planning
Profitability Analysis
SAP (FICO)
Hyperion
COGNOS
Oracle
Business Objects
MS Suite
Distinctive presentation and communication
Team leadership and mentoring
Highly organized
Proven ability to multi-task in a high volume, fast changing environment
Self-motivated
Result-oriented
ability to set effective priorities to achieve both immediate and long-term goals
Work Experience
D+H Ltd.
Sr. Director and Controller of Finance, Corporate April 2016 to Present
Responsible for the corporate controllership and consolidation of financial results for
50+ global entities,
multiple currencies,
6 different ERP systems,
annual revenue of $1.7B
Initiated and managed internal programs to establish effective/leaner intercompany process/policy and foreign currency valuation management
Develop/implement processes to support the global changes in organizational structure, driven to provide timely and accurate financial results and to create efficiencies
Handle the month/quarter/year-end review process
Manage key relationship with ELT, External reporting and External Auditors
Accomplishments:
Prepare for IFRS 15 implementation in 2018
PPA accounting, goodwill valuation and goodwill impairment
Coordinated with TAS team, external auditors and internal accounting team to provide quality of earnings from seller’s side and providing financial information packages to buyers, fund managers, banks and creditors to facilitate acquisition process
Facilitate integrating historical financial and implementation of Hyperion reporting system, effective 2017
Coordinated & Implemented Internal controls and Hyperion ($3 million project) with 3rd party implementer
TG Appliance Group Inc. (Contract)
Controller Feb 2015 to March 2016
Financial reporting, budgeting & planning
Lead, mentor and guide team of 6 accounting and reporting personnel
Preparation of monthly financial statements and external reporting to financial institutions ensuring all accounting policies in accordance with IFRS
Cash Flow, variance analysis
Financial and business analysis, profitability for each division, factors driving the variance
Reporting to senior management, provide strategic analysis as required to drive improved decision making
Review payroll, tax payments and filing
Business partnering to operations, sales, marketing
Liaise with external auditors, suppliers, customers, CRA and other external parties
Accomplishments:
Post corporate merger: establishing, monitoring, and implementing financial accounting and operational accounting processes and systems; ensuring good internal controls; creation of standard operating procedures and documentation
ADP (Contract)
Senior Financial Analyst Nov 2013 to Feb 2015
Consolidation for reporting to senior leadership team & corporate reporting
Financial & non-financial metrics planning, forecasting and budgeting for year-end and quarter-end: including collection and organization of data and financial models for prior years, assumptions and targets on future periods, collaboration with business owners, preparing the budget, discussing and finalizing with the business and presentation to the management.
Update rolling forecast on a monthly basis
Develop financial models and provide insights
Working with cross-functional teams including corporate, business units, internal auditors
Monthly analysis and provide commentary on variance analysis
Accomplishments:
System migration project to Hyperion – involving testing of new systems, developing new models and reporting tools.
Transition, training, mentor and indirect report for 3 Global offshore teams
DEL Equipment Limited (Contract)
Senior Accountant Sep 2013 to Nov 2013
Reconciliation of complex (7 subsidiaries and 6 sister concern – both US and Canada) intercompany accounts and resolve matters therein – special project to rectify intercompany balances up until 2009
Bank reconciliation of group companies with shared banking arrangements and resolve matters therein
Reconciliation of inventory sub ledger to general ledger for multiple branches – clean up and design the process for future transactions
Month end close, consolidation, identifying inefficiencies and systems and process improvement to achieve targets
Assist in preparation of annual external audit reporting packages and working papers
DentsuBos Inc. (Contract)
Senior Financial Analyst July 2013 to Aug 2013
Preparation of periodical forecast and variance analysis with budget
Profitability analysis – for each division, segment and client
Month end consolidation and reporting – (complete P&L and Balance Sheet) - preparation of various schedules and supporting annexures, preparation of journal entries for prepaid, accruals, deferrals, WIP etc.
Period end variance analysis – actual vs. forecast and budget (monthly, quarterly, half year), reporting, preparation of presentation package to senior management
Maintaining company records as per IFRS
Home Depot (Contract)
Senior Financial Analyst – Supply Chain Nov 2011 to Sept 2012
Forecasting, budget preparations and analysis – financial & non-financial key performance metrics
Period end variance analysis, reporting, commentary and presentations to senior management
Financial analysis, analysis of KPI and develop models and reports to facilitate business decisions and to improve the bottom line
Liaise with business partners in divisional and corporate offices to ensure an effective communication process
Maintain company records in accordance with IFRS
In coordination with other departments conduct special financial and statistical studies
In-charge of financial reporting for 6 distribution centers across Canada
Member of startup team
Managed activity for 2 resources
Challenger Stone Consultants Inc. Italy
Senior Accounts and Financial Analyst Sept 2007 to Dec 2010
Accounting project Involved
Full cycle accounting of private limited and small and mid-sized company, Financial statement consolidations
Analysis of periodical financial statements
Variance analyzing for potential risks and suggesting measures and following up on their implementation; causes like excessive wastage, low recovery, excessive power consumption, excessive overheads, cost of production and other inefficiencies
Personal and Corporate tax filings including Incorporating new company
Direct report for a team of 4 - 5 persons
Some Special Engagement undertaken as a team lead and handling independently from planning, risk assessment, staffing, monitoring the work, documentation, report and meetings with clients :
Viability Study of a merchandise fabrication unit for a strategic decision making to continue or shut down the unit
Setting up a system of Internal Control for CapEx of a new manufacturing unit
Investigative Audit for disagreement between Inventory in books, as reported by local management and as reported by incumbent operating auditor. Difference arising due to the event of transfer of the manufacturing unit.
Review of systems and internal control of sales department and revenue recognition
Engagement to identify the reason for export rejections and revocation of letter of credit
Goldman Sachs
Analyst, Global Investment Research Division April 2007 to Aug 2007
Analytical review of financial model – Income Statement, Balance Sheet, Cash Flow, various Ratios, Consistency with the quarter and annual filings. These reviews being before initiation of Stock coverage and regular reassessment of the model’s consistency
Variance analysis (using SAP) of business models for insights on financial implications
Regularly checking the forecast data of the various models, comparing with prior year’s trends, industry and economy trends, assumptions of the analysts and its basis and corporation filings and announcements.
Data control and quality checks of the Quantum data base models, sanity checks, generating and updating the model quality reports
Participated in the redesign of the research products of Goldman Sachs. This involved educating the analysts on the various changes and how it impacted their models
P.K.Deora & Co., Chartered Accountants
Associate Auditor Jan 2005 to April 2007
Audit Assistant May 2001 to Jan 2005
Internal and External audits
Areas of work included System of purchases, sales, A/R, A/P, inventory management, manufacturing at various stages of production, quality control, sales, plant maintenance and utilities, HR and Statutory
Ensuring internal control procedures is followed efficiently and effectively throughout the period
Providing improvement feedback on operational, financial and internal control procedures
Process implementation and support
Budget preparation of a textile process house
Accounts Maintenance of clients – personal and closely held corporates; preparing MIS; personal and corporate taxation – tax planning, tax filings, dues and returns
Professional Designation and Education
CPA, CA: Chartered Accountant: Canada (2011)
CPA: Certified Public Accountant: Colorado, US (2008)
CA: Chartered Accountant: India (2006)
Bachelor of Commerce: Delhi University, India (2004)