Management Accounting

Jagesh Mehta

*** ***** ****** ******, **** **** Toronto, ON M1V 4X8 647-***-**** ************@*****.***

PROFILE

Jagesh is a certified professional with over 20 years of experience in accounting, corporate finance and financial reporting. His

areas of expertise include operational analysis and cost control, full cycle accounting and financial reporting. Jagesh has helped

organizations across a diverse set of industries meet their financial objectives. His recent work experience has been in

manufacturing, wholesale trading, construction management and logistics services. In addition to his 10+ years of strong Canadian

experience, Jagesh has worked in large organizations in India and Nigeria.

Jagesh posses a hands-on management style and works well with both junior and senior team members. He has demonstrated

his flexibility in various settings and works well in a structured as well as, unstructured and entrepreneurial environment.

.

RELEVANT PROFESSIONAL EXPERIENCE

Ecycle Solutions Inc. Mississauga

Accountant, Feb 2014 – May 2015

• Prepare daily, weekly and monthly cash flow position

• Cash application and adjustments

• Manage Employee Expense claims and reimbursement

• Timely and accurate bank reconciliations and general ledger accounts reconciliations

• Month end Journal Entries for accruals, prepaid expense and adjustments using SAP software

• Detailed payroll journal entry by department and division for bi-weekly payroll

• JE for monthly Capital Lease payments, interest and taxes

• Maintain Fixed Assets and Capital Commitments records and files

Mercantile Exchange Corporation. Toronto

Financial Controller, April 2011 – Feb 2014

• As an active member of the Senior Management Team discussed ways and means of cost saving and saved $70,000 in

bank charges.

• Act as company financial liaison with internal and external parties

• Leading and execution roles in budgeting, business forecasts, financial reporting, analytical reviews and all company

financial functions

• Manage and prepare full set of accounting records and period ends in a multi-currency environment

• Prepare internal financial statements for management information and decisions

• Manage year-end audit and tax filings including preparation of working papers

• Multi currency Reconciliations of trading and operation accounts

Wall Property Management Inc. Toronto

Accountant, Jan 2010 – April 2011

• Review property tax assessments for residential property, commercial property and farmlands. Saved $20,000 in Farm

land tax.

• Arranged and received $5000 in Wage Subsidy from the government.

• Preparing financial reports and cash flow reports using Yardi software

• Bank reconciliation and G/L accounts reconciliation including rent receivable, LMR, LMR Interest payable

• GST/HST, WSIB, Payroll source deduction reporting and remittance

• Preparing annual yearend audit working papers and tax planning

• Monthly review of cost of operation and net income

• Prepare comparative analysis of realty taxes

Unitech Electric Inc. Toronto, Toronto - Electrical contractors providing Critical Power maintenance services

Genomic Precision Fabricators Ltd., Toronto - Metal Fabrication/Custom Manufacturing

Financial Controller, July 2005 – April 2009 - The Company filed for bankruptcy.

• Hands on full cycle accounting, month end closing and financial reports

• Operational budget, variance analysis and expenditure control

• Managed Human Resources functions including hiring, training, mentoring and team building

• Hired appropriate personnel and arranged for wage subsidies from government agencies

• Banking matters, cash flow management, covenant reporting

• Managed receivable efficiently and brought down average aged receivables from 100 days to 45 days

• Managed in house payroll functions for union and non-union staff

• Arranged for SRED tax credits for Research and Development projects

• Project costing and progressive billing

• Managed professional relationship with financial institutions, legal counsels, government auditors and external auditor

• Risk management and Insurance coverage

Logisti-Solve Inc., Toronto - 3rd Party Logistics, Warehousing & Distribution

Financial Controller, April 2001- May 2005

• Managed month end processing and preparation of monthly financial reporting package with variance analysis

• Planned, organized and directed daily operations of accounting team

• Coordinated and prepared annual capital and operating budgets and forecast by month

• Prepared monthly variance analysis between actual and budget with focus on expenditure control and improving efficiency

• Developed and prepared monthly and weekly management reports and score card reports to monitor operational efficiency

and identify areas for improvement and advised the management team

• Acted as financial and commercial mentor and support for operations team

• Built, developed, supervised and guided the accounting team

• Led system conversion from AccPac to Great Plains Dynamics

• Assisted in the preparation and review of customer Request for Proposals

• Developed and prepared KPI’s and managed weekly KPI reporting

• Managed treasury functions such as, cash flow projections, short-term investments and leasing arrangements.

• Liaison with external auditors for annual audit and tax planning

Idac Management Inc., Toronto - Construction Management for Club Monaco stores

Finance Manager, May 2000 - Feb 2001- The Company went out of business

• Managed all aspect of accounting, such as, A/P, A/R, G/L, Invoicing, Vendor payment, Government remittances etc.

• Prepared month end financial reports and project reports

• Analyzed month end project cost and prepared billing for cost plus contract

• Prepared WIP schedules for various projects

DENTSPLY Canada Limited, Toronto – A multinational company engaged in manufacturing and distribution of dental products.

General Accountant, August 1999 - May 2000 Fixed Term contract position.

• Prepared month end journal entries and G/L accounts reconciliation

• Performed dead line-oriented reconciliation of inter-company accounts

• Prepared monthly inter-company account activity and balance report and presented to corporate head office in timely

manner

• Arranged bank deposits and reconciliation of various bank accounts with large volumes

• Reconciled perpetual inventory with G/L accounts

• Assisted in preparation of yearly budget, trend analysis and monthly sales and expense budget

• Arranged monthly remittance of GST, PST and Corporate Tax

Conros Corporation, Toronto - Stationary glue manufacturing

A/R Supervisor, November 1998 – March 1999

• Managed receivable functions at Toronto and Michigan office

• Investigated and resolved payment discrepancies in a timely manner

• Audited charge back/deductions and recovered unauthorized deductions amounting to $150,000 within two months of

joining the company

• Reviewed and streamlined collection and follow up procedure for past due items

• Supervised A/R staffs

EDUCATION AND CERTIFICATION

• CPA, Certified Professional Accountant (USA)

• CA, Chartered Accountant (India)

• B.Com. Major in Accounting

SOFTWARE AND PACKAGES

• SAP

• AS/400

• AccPac

• Simply Accounting

• MS Office Suite (Excel, Word, Power Point)

• Quick book

• Great Plains

• Yardi

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