Management Accounting

Lionel Albert, C. A.

**** **** **. *** **** Apt #303, C.S.L, QC, H4W 2W4

Tel: 514-***-****

Cell: 514-***-****

************@*******.***

Objective

Seeking a senior management position within a medium sized

organization, which provides opportunities for development and growth.

Professional Profile

Results-driven Chartered Accountant with over 30 years of financial

management experience. Strong background in budgeting, forecasting,

cash flow projections, financial analysis & reporting, human resource

management, implementation of computer systems and internal cost

controls. Ability to work under pressure and complete tasks with a

high degree of accuracy and thoroughness. Team player with strong

communication and interpersonal skills.

Experience

Oct 2012 - PRESENT Financial Business Consultant. Montreal, Quebec

(Small Business consulting)

. Introduced internal control mechanisms, policies &

procedures as well as accounting routines

. Prepared fiscal budget/cash flow and monitor performance

. Reviewed and improved receivable collections

. Established and monitored costing system

. Implemented new information and reporting systems

. Strong analytical and problem-solving skills

. Excellent facilitator, team builder and coach

Nov 2010 - Sept 2012 V.P Finance, Greatex Mills Ltd, Montreal, Quebec

(Importer/Distributor of Fabric for Furniture - $35 million

revenue)

. Developed and maintained an efficient and effective financial

and administrative organization in charge of selecting,

training, supervising counseling of all financial personnel,

. Managed the preparation of financial data required by the

external auditors for all our related companies.

. Responsible for the preparation, presentation and maintenance

of all financial data for both internal and external users.

. Renegotiated Company's Comprehensive Insurance and Group

Insurance to maximize benefits and increase value.

. Excelled at the preparation of monthly, and yearly Budgets,

. Responsible for analyzing financial reports and statistical

information.

. Maintained a daily complex cash flow which combined our 5

different companies involving different currencies.

. Tasked with a complete review of the company's financial

situation leading to the creation of a monthly financial

reporting package specifically designed to enable the owner

to monitor and more readily assess the company's business

performance.

. Initiated information systems upgrades resulting in drastic

gains in operational efficiency and productivity within the

Company. IT projects were evaluated and tracked to prevent

time and budget overruns.

. Broadened and improved relationships with Banks in the

function of Senior Officer and the administrator of the

Company Accounts.

. Directed all accounting activities including financial

reporting, inventory control, standard costing, warehouse

procedures, traffic procedures and maintenance of payroll

records.

. Complete review of the company's inventory control

procedures, improved these procedures resulting in a more

effective control of inventories during the year and a

successful year-end inventory count.

2006 - 2010 V.P Finance, Amcan Charter Imports Ltd., Montreal,

Quebec

(Importer/Distributor of Girls/Ladies Clothing - $20

million revenue)

. Restructured A/R functions and reformed credit policies to

improve collection times and minimize bad-debt write-offs. On

average, payment intervals were reduced by more than 10 days.

. Spearheaded problems with Company Auditors and excelled in

the preparation of Financial Statements, Budgets and Cash

Flows. The Financial Statements were generally accepted by

the Auditors as presented, resulting in a 50% cost savings.

. Prepare as well as provide directions in preparing audits,

financial statements and other fiscal reports

. Design computerized systems to maximize productivity in both

accounting and reporting functions.

. Responsible of all aspects of finance within the

organization. This included reporting, costing, traffic and

warehouse.

. Improved company's inventory control procedures, which

resulted in more effective control of inventories. This aided

in a quicker and more efficient completion of the company's

year end financial statements.

. Challenged Provincial, Federal and G.S.T. Auditors and

drastically reduced their assessments.

1995-2005 V.P Finance/Comptroller. Anglo Canadian Mercantile, Montreal,

Quebec

(Importer/Distributor of Tabletop products - $45 million

revenue)

. Cultivated strategic alliances with key customers helping to

maintain an average 12% yearly revenue growth over a period

of 9 years. Planned and reorganized the credit department.

The new structure resulted in a reduction of 15 days in our

collection ratio.

. Administered and upgraded the company insurance coverage for

both corporate and group insurance plan.

. Maintained accurate and concise financial records in terms of

financial statements, accounts payable, accounts receivable

and payroll.

. Monitored the actual monthly operating results, compared with

budget and reported on variances and the progress towards the

achievement of the approval targets.

. Evaluated the IT infrastructure and recommended possible

improvements.

. Reduced costs of equipment and supplies by centralized

purchasing and negotiating volume discounts.

. Promoted teamwork, innovation, and accountability throughout

the department.

. Addressed specialized reporting requirements related to the

sale of the Company and managed strict deadlines to ensure

the timely completion of the "Due Diligence" audit.

. Tax Compliance for GST/TVQ, payroll related issues and any

other applicable taxes for both Federal and Provincial

Jurisdictions.

. Responsible for treasury functions, including management of

the bank credit line.

. Coordinated the external audit resulting in clean audit

opinions throughout

1994. Comptroller, Mighty Star Limited, Montreal

(Importer/Distributor & manufacturer of Plush

Toys - $20 million revenue)

. Managed the A/R, A/P, payroll and accounting with a team of

12 employees.

. Researched and developed an advanced costing system to

assist in the preparation of financial statements.

. Accountable for all banking, insurance and legal matters.

. In charge of managing letters of credit and dealing with

overseas distributors.

. Researched and developed a new computer system.

. Adapted a new tax system.

. Prepared budgets, cash flows and monthly statements and

complete year-end files for Company Auditors.

1988. Vice President of Finance, Warnaco of Canada, Montreal, Quebec

(Importer/Distributor & manufacturer of

Overcoats - $20 million revenue)

. Oversaw all areas of Finance and Corporate Reporting.

. Initiated, implemented and installed management information

systems.

. Responsible for monthly financial statements, monthly re-

estimates forecasts, budgets, cash flows and comptroller's

narratives.

. Supervised credit management functions.

. Controlled operating inventory through sound sales

forecasting to deliver profitable volume growth.

. Increase and broaden financial awareness at all levels of

management through the development and presentation of

monthly financial statements and re-estimates packages.

1985. Comptroller, M.I.C. Industries - Montreal, Quebec

(Importer/Distributor of Tabletop products - $30

million revenue)

. Prepared cash flows and budgets.

. Supervised and managed a department of 14 people.

. Produced monthly statements for 4 separate companies.

. Reviewed accounting software and implemented modifications.

. Implemented electronic spreadsheet accounting system.

. Established a new landed cost system.

1980-1983 Friedman & Friedman C.A. - Montreal, Quebec

Position: Senior Auditor

. Performed all functions of a Senior Auditor in a Chartered

Accounting Firm

1977-1980 Richter, Usher & Vineberg C.A. - Montreal, Quebec

Position: Intermediate Auditor

. Performed all functions of an Intermediate Auditor in a

Chartered Accounting Firm

Education

1981 -Chartered Accountant, Member of the Ontario Order of Chartered

Accountants,

Mc Gill University, Montreal, Quebec

1980 - Graduate Diploma of Public Accountancy.

Mc Gill University, Montreal, Quebec

1977 -Bachelor of Commerce, Major in Accounting

Mc Gill University, Montreal, Quebec

Contact this candidate