Keith Hammerschlag, CPA, CA

*** ******* **** ****** • North York, Ontario • M5M 1K4

416-***-**** • ac0hnb@r.postjobfree.com linkedin.com/in/keith-hammerschlag-b4173513a

Enthusiastic and results-driven Financial Executive with an exemplary background in finance and operations. Possesses strong business acumen with broad based experience in finance and operations, particularly in the retail sector. Combines “big picture” thinking with strategy and execution that improves the bottom line and enhances financial operations to deliver results to the bottom line while focusing on driving continuous improvements.

Core Competencies

Strategic Financial Planning

Trend Analysis

Management Reporting

Growth Strategies

Forecasting and Budgeting

Profitability and Cost Analysis

Sales and Marketing Support

Cost Management

Margin Analysis

Inventory Management

Cash Management

Financial Operations

Technical Skills

Microsoft Office (Word, PowerPoint), Advanced Excel (Pivot Tables, V LookUp, What if Statements, Macro’s), AccPac, Smartforms and Chain Drive

Professional Experience

Chief Financial Officer 1989 – 2017

MRP Retail Inc. (operating as Jean Machine and Sunrise Records)

MRP Retail Inc. is a company operating in the clothing and music retail sector. It is a privately held company with revenues, in its busiest years approaching $50 million, and in excess of 50 stores.

Managed financial risks of all the corporations within the group including cash and risk management

Responsible for financial planning and record keeping as well as financial reporting to ownership

Supervised the Finance unit consisting of 10 employees

Assisted in strategic and tactical matters as they related to budget management, cost benefit analysis, and forecasting needs

Developed and maintained weekly cash flow models and budgets

Successfully designed, implemented and maintained high level financial systems and internal controls, and oversaw the continual measurement and evaluation on these controls

Constructed key financial and nonfinancial metrics for the company and its various departments

Oversaw inventory control and ensured inventory losses were kept as low as possible

Built and maintained relationships with attorneys, bankers, auditors, key vendors, insurance brokers, hardware and software vendors and payroll service providers

Designed and implemented accounting operations of the company, production of monthly financial statements, including P&L, store P&L, and weekly and monthly cash flow statements

Responsible for successfully converting the computer systems from AccPac for the accounting software and an in house operating system to a fully integrated ERP and Omni Channel Platform

Applied processes and initiatives to greatly reduce the month and year end reporting periods from in excess of 60 days to 20 days

Reduced wage bill by in excess of 5% by implementing controls to accurately budget store hours and compare these to actual hours used on a weekly basis.

Implemented controls to reduce annual inventory shrink by approximately .5% to just below 1.2% of cost of goods sold.

Previous professional experience includes role as a Senior Accountant at William Eisenberg and Co.

Education

Chartered Professional Accountant (Canada)

Chartered Accountant (Canada)

Chartered Accountant (South Africa)

Bachelor of Accountancy, University of Witwatersrand, South Africa

References Available Upon Request

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