Management Accounting

May Li, CPA CGA (Canada), CPA (USA), Master in Accounting (China)

** **** ******, *******, ** 416-***-**** ***********@*****.*** http://www.linkedin.com/in/maygmli http://youtu.be/WYeRFSUKHmk

Highlights of Qualifications:

Awarded a CGA scholarship from the Chinese Professional Association of Canada

Awarded a Chinese government scholarship to pursue study and research at McGill University

Extensive experience with financial budgets, financial settlements, final accounts, summary statements, and management of major industrial projects

Strong knowledge of IFRS, ASPE, NFP accounting principles and CRA requirements & U.S.A. tax rules with solid experience in accounting, auditing, payroll, project accounting, investment accounting, budgeting, reporting, financial analysis and taxation

Positive work attitude, a good team player, detail-oriented with excellent ability to prioritize multiple tasks under pressing deadlines

Expert skills in ACCPAC, QuickBooks, ADP payroll software systems; MS Excel, complex formula setup, financial modeling, V-lookup & pivot table, Macro; MS Word, Access, PowerPoint and Outlook

PROFESSIONAL EXPERIENCE

Accountant

Hitsiu Socks (Part Time) 2015 - Present

Established an accounting system for this new business; maintain accounts and manage inventory, prepare financial reports, file HST returns, and assist with business registration and incorporation

Accountant 2007 - 2014

Fred Victor Center, Toronto (A non-profit organization is to provide responsive, accessible and innovative housing, healthcare and social services for people who are experiencing homelessness and poverty, and to advocate for a more equitable society)

In charge of accounts payable & receivable, reconciliations, investment accounts and various insurances; oversaw petty cash, visa cards and credit accounts; responsible for payroll & benefits; prepared budgets and financial reports

Developed and documented cash handling guidelines that met Ontario Bill 168 requirements; constructed financial spreadsheet templates that generated substantial savings on outsourcing expenses; detected and corrected various material errors; improved business processes and internal controls; mentored other staff members

Prepared for salary & benefits budgets; projected cash flow; calculated net present values for housing project bid applications. Built financial statements, produced various management reports, compiled management summary reports, created and maintained financial modeling for comparisons of actual progress with budgets. Provided GST & PST receivable transaction details that supported HST rebate claims

Performed month-end activities to ensure costs were captured in appropriate cost centre, voided stale cheques and updated accounts; accrued monthly expenses and payouts

Initiated and developed capital assets calculation schedules, compiled various year-end audit schedules

Reviewed investment account statements; evaluated and reconciled investment activities. Coordinated annual property and automobile insurance applications and renewals, assisted administration of insurance certificates, protected substantial contingent liabilities.

Maintained integrity of accounts structure, reconciled 20 corporate credit accounts, 18 petty cash accounts, trusteeship, cost allocation, capital reserve, and prepaid expense, accounts payable sub-Ledger with general ledger

Reviewed accounts payable, input; coded & processed receivables and payables; processed on average 110 cheques bi-weekly in a timely and correct manner; set property tax & lease liabilities in the post-dated payment method to avoid penalties. Managed 170 employees’ bi-weekly payroll, year-end T4 and benefits when needed; remitted third parties; input and posted all journal entries; issued records of employment within legal limits; prepared contractors’ income letters

Auditor 2004 - 2006

Zhongtianyin Certified Public Accountants, Beijing

May Li Page 2/2

Worked on more than 20 major projects in the fields of banking, banking asset management, banknote, printing and

minting, import & export, joint ventures, newspaper press, real estate, energy, hotel and agriculture

Examined financial statements, general ledger, sub-ledgers, journal entries, original supporting documents and

Systems, tested accuracy and compliance with established accounting standards, procedures and internal controls, prepared

detailed audit reports . Conducted annual financial statement audits, internal control reviews, economic responsibility audits, asset appraisals, liquidation audits, financial and operational examinations

Research Assistant / Visiting Scholar 2000 - 2003

Faculty of Management, McGill University, Canada

Participated in three major research projects for academic research publications and one CIDA report for a Canadian- Chinese government cooperation project dealing with banking industry personnel qualifications

Collected and interpreted corporate financial and accounting data, performed statistical forecasts and conducted data analysis. Analyzed ownership and industrial life-cycle characteristics for making future projections; prepared and presented analytical reports for further investigation and action

Funding Accountant 1996 - 2000

Hebei Provincial Finance Bureau, China

Responsible for a Capital Fund of more than US $240 million, worked on funds management of more than 50 key construction projects in the fields of industry, agriculture and transportation

Researched and analyzed financial statements of feasible projects, reviewed feasibility reports of projects. Allocated Capital Fund for projects based on management approvals, monitored progress of projects and provided reports on the projects, transferred dividends to Provincial Financial Bureau

Investment Project Manager 1990 - 1996

Hebei Provincial Construction Investment Corporation, China

Worked on 30 investment construction projects in the fields of light industry, textiles and agriculture with a total investment of over US $2.5 million

Researched and analyzed financial statements of feasible projects, conducted cost-benefit analysis, evaluated future yields of new planning projects and ability to repay funds. Monitored project progress and provided support to investment projects as needed, reviewed and consolidated balance sheet and income statements, followed up on payments of maturing principal and interest/project dividends

EDUCATION

CPA, CGA, Chartered Professional Accountants, Certified General Accountants Ontario, Canada

CPA (Licensed Certified Public Accountants), Becker Conviser CPA Review, Montreal, Canada

Master’s Degree in Accounting, Tianjin University of Finance and Economics, China

Bachelor’s Degree in Management Engineering, Yanshan University, China

ASSOCIATION MEMBERSHIP

Chartered Professional Accountants of Ontario 2014 – Present

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