Manager Accounting Staff

Walid Timani

613-***-****, **********@*****.***, https://www.linkedin.com/in/walidtimani

Detailed oriented Financial and Accounting professional with 18 years of experience using IFRS, ASPE and have a well knowledge in GAAP. Proficient in financial analysis, reporting and controls through cost and revenue analysis, cash management, consolidation, budgeting, forecasting, policies and procedures. Recognized for turnkey initiative development and implementation of costing system, software integrations and remarkable hedging strategies. Strong attention to details, good listener, creative, critical thinking, reliable and diligent. Collaborate and communicate effectively with stakeholders. Ability to solve problems by identifying KPIs which include working with business and development teams to design document, dashboards, alerts, and reports. Ability to work alone and with groups in a fast-paced environment. Ethics and integrity are my priority in decision making and I am passionate to work with technology and intelligent systems.

EDUCATION & TRAINING

Pursuing CPA Certification-Candidate PEP (Elective 2), Present.

ISO9001 training certificate 2010.

Advanced CMA training- Institute of Management Accountant, USA 2009-2010.

Bachelor B.A.(Management & Marketing-Lebanese University, Lebanon 1998-1999)

Bachelor B.A.(Accounting & Finance- Lebanese University, Lebanon 1994-1998) ACCOMPLISHMENTS

Saved $0.2M of a $12M construction project by detecting and saving the discrepancy in the lenders representative report, I had worked with the quantity surveyor to fulfill the monthly reporting and budgeting requirements (GL, STAT DEC, Inspection reports and WSIB) to authorize the monthly progress payments and certificates.

Playing a key role in business development and being involved in establishing new departments achieving an annual turnover from $0.5M to $10M within 3 year’s periods saving $232K.

Saved 50% of reconciliation time by consolidating 31 inter-company transactions.

Launching cost analysis system for construction projects which resulted in transforming budget planning into a unified analytical process & improved accuracy of reports using QuickBooks.

Launching a set of forms to facilitate the work flow between projects managers, staff & directors which reduced the time of authorization from 3 days to 1 day plus saved time in reviewing and processing transactions.

Saved $10K by applying early discount payments.

Eliminated $2K a year as bank charges by closing unnecessary bank account.

Saved $20K by developing & implementing a costing system in current software for project analysis instead of purchasing a new one using SQL database and visual basic application.

Saved $ 890K in result of; Negotiated forward of 6M Euros against USD which saved 0.6M Euros equivalent to $0.85M CND. Managed projects $4M and above with banks in terms of O/D, L/Cs, L/Gs and cash flow management that saved between o.5% - 1% of project revenues in terms of interests and other fees.

Conducted a special process for 6 months under the supervision of a third party in valuation of assets using fair market value under IFRS.

Walid Timani

613-***-****, **********@*****.***, https://www.linkedin.com/in/walidtimani

Contributed to design the new formats for procedures and regulations which was awarded by ISO9001 certification.

EXPERIENCE

FINANCE MANAGER, TAKYAN CONSULTING & DEVELOPMENT INC., OTTAWA 2016- 2017

Lead the finance operations and identify the areas for annual budget process, periodic forecasting and periodic analysis of operations performance

Prepare weekly analysis of project costing against estimates.

Participate in the preparation of the company's budget and report to management on variances from the established budget and the reasons for those variances.

Provide financial reports and interpret financial information to management and recommend a course of action.

Advise on investment and consulting and provide solutions and strategies.

Analyze costs, revenues, pricing, variable contributions and actual performance.

Participate in business process by identifying costs that can be eliminated, cycle time that can be reduced and quality that can be added to services.

Assist in developing and implementation of internal controls.

Maintain a documented system for policies and procedures for all divisions.

Interpret the company's financial results to management and recommend improvement activities.

Advise on investment activities and provide strategic approaches and assist management in the formulation of its overall strategic direction.

Identifies key opportunities for redesign of systems infrastructure to meet company needs

Develop trends and projections for the firm’s finances. ACCOUNTING MANAGER, TAKYAN CONSULTING & DEVELOPMENT INC., OTTAWA 2013- 2016

Hiring, training & supervising accounting staff to fulfill the workload required for Data entry, reconciliations, A/P, A/R, payrolls and filling.

Finalizing annual financial statements and working with Auditors to file the corporation taxes.

Completing all working paper of tax filing and other regulatory filings on timely basis to save the company from paying penalties and interests.

Reviewing cash disbursement, authorizing payments & verifying data entry in a timely and accurate manner. Overseeing and ensuring procedures & controls are properly followed.

Analyzing projects budget vs actual cost and communicating with clients and investors by providing monthly financial reports.

Participating in key decision activities with senior management by establishing a new department for architect/design and property management.

Collaborating with all department to maintain assets safeguard and effective controls by designing a Walid Timani

613-***-****, **********@*****.***, https://www.linkedin.com/in/walidtimani set of formats for petty cash disbursement, timesheet, inventory on hand and material orders.

Submission of semi-annual consolidated financial statements for 6 companies including the parent one.

Improved the accounting system by implementing a new cost analysis application which saved the company time in reviewing and taking the right decisions.

Developed and implemented policies and procedures to insure compliance with the internal controls.

Managed banks relations, investments, acquisition of assets, cash flow and general ledger.

Reduced cost by hedging transactions.

Coached and mentored 5 accounting staff.

ASSISTANT MANAGER OF FINANCE- AGH CO.

(ENGINEERING, CONTRACTING & TRADING), KUWAIT JULY 2006 - JUNE 2012

Submission of semi-annual consolidated financial statements for 6 companies including the parent one.

Improved the accounting system by implementing a new cost analysis application which saved the company time in reviewing and taking the right decisions.

Developed and implemented policies and procedures to insure compliance with the internal controls.

Managed banks relations, investments, acquisition of assets, cash flow and general ledger.

Reduced cost by hedging transactions.

Coached and mentored 5 accounting staff.

Reviewed payroll, A/R, A/P, assets and insurance CHIEF ACCOUNTANT- AGH CO.

(ENGINEERING, CONTRACTING & TRADING), KUWAIT APR2004-JUNE2006) SENIOR ACCOUNTANT- AGH CO.

(ENGINEERING, CONTRACTING & TRADING), KUWAIT APR2000-MAR2004. SKILLS

Microsoft office (Advanced Excel), Proficient in QuickBooks, worked with SQL database and Visual Basic application, have a well knowledge in Yardi and integration of new software. References upon request.

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