Human Resources
xxxxxxxxxxxx
Toronto, ON
Sub: Position of Controller
Thank you in advance for taking the time to review my cover letter and resume. I am interested in this position as my achievements and experience are ideal for the job description.
My experience in the field of finance exceeds fifteen years. Over this time I have progressively held positions in the area of financial management, cost accounting and internal audit.
My professional experience comprises of but is not limited to:
Controller with a multinational company in the food industry- Beverages/IT Industry
Implemented MS Dynamics Navision, JD Edwards and worked on Oracle 11i & Great Plains
Real Estate/Hotels/Architect/Professional Services/Manufacturing experience with a conglomerate in Dubai, UAE named Arenco
A result driven individual, I aim to find the best outcome through effective participation in a team environment. Combining my solid accounting knowledge, risk management experience and my motivation to succeed I am confident that I will make the desired contribution to the growth of your company. I can quickly adapt and be productive in a short period of time. Furthermore, I find that I am more effective in a demanding work environment. I would appreciate the opportunity to meet with you to discuss the role with your organization.
Thank you for your consideration.
Sincere Regards,
Praveen Gupta CPA CGA
**************@*****.**
Encl: Resume
Praveen Gupta, CPA CGA
Profile
Key member of the management team, with extensive experience in planning, implementing, managing and controlling all financial-related activities of the company and developed financial controls and reporting, budgeting and forecasting. System implementations lead on various ERP systems such as M S Dynamic NAV 2009 and JD Edwards One World and working Experience of Oracle Financials 11i.
Achievements
Received Achievement Award in recognition of outstanding contribution to Canadian Finance Organization at Hitachi Data Systems Canada
Saved approximately $200K by changing one supplier at Ya Ya Foods and improved the performance in all departments in the organization by implementing controls
Saved $50K within a period of five months for my first employer in Canada by utilization of cost effective purchasing procedures
Participated in implementation of JD Edward software in Arenco Dubai and developed expertise in all finance and distribution modules
Business re-engineering and cost reduction techniques applied, resulting in 5% decrease in manufacturing cost with one of Arenco Group of Companies in Dubai
Received reward certificates from management for significant cost savings in group companies in Dubai
Professional Experience
Bio Amber Inc. –Sarnia (A Public Co Listed on NY Stock exchange)
Controller/CFO (Contract Position) Sept – Nov 2015
Preparation of Budget and monthly financials with commentary on variances from Budget
General Accounting function with review of Payroll AP & AR
EDC Loan compliance reporting, Cash flow forecasting and project cost monitoring
Solis Foods Corp. Brantford, ON, Canada
Controller Feb 2015 till July 2015
Compilation of Monthly & Quarterly Financial statements with commentary & MDA Analysis with power point presentation to executive management.
Bank Covenant compliance & dealing with auditors, Management of Costing & Finance department with a staff of 5 team members
Dealing with Internal & External Customers and building relationship.
Review of all the Plant reports and take corrective actions
Saved $ 30K by reviewing HST Returns of the company
Business Consulting Sept 2012-Dec 2014
Ya Ya Foods Corp. Mississauga, ON, Canada Jan 2009-Aug 2012
(Food Manufacturing-Joint Venture with Coca Cola Bottling Company)
Controller
Implemented MS Dynamics Navision 2009 Finance & Costing module, Spare parts & PO System Managed working capital and the cash flow of the company with a team of 5 members
Conducted meetings with management to compare the objectives of the organization with the financial performance and take corrective actions
Prepared annual budget of the company and monitored variances against budget
Set up the KPIs for the plant operations for process improvements and coach plant team on financial implications
Created the internal control environment and ensured that controls were working properly
Monitored standard cost of the products and analyzed variances on a weekly basis
Conducted periodic risk analysis to ensure that the company assets were protected
Initiated cost saving avenues and process improvement across the company along with preparing the capital Budget of the company in consultation with President
Providing new product costing and financial analysis to the sales team
Worked with Plant Manager to monitor the efficiency of the plant, monitor the wastage and labor efficiencies
Control on Inventory management to ensure that optimal inventory is maintained without hampering the business
Dealt with Banks, Revenue Canada, Internal/external customers and statutory auditors for annual financial audits, tax matters and remittances
Hiring of accounting team members
Hitachi Data Systems Inc. ON, Canada (IT Industry-www.hds.com) Jul2007-Oct2008
Finance Manager - Contract
Oversight of AP, AR, Fixed Assets, Inventory Accounting Payroll and General Ledger Function in accordance with Local and US GAAP and IFRS
Drive month end process for close and overall analytical review of General Ledger and financial statements with variance analysis
Monthly cash flow analysis and reporting to treasury on a weekly basis. Dealt with Internal & External Auditors
Reviewed commercial agreements with the legal department before the signing of any contracts
Oversight and approval of monthly sales/commodity tax returns, Pension audit and SOX testing on internal controls
Prepare all working papers for Canadian Income tax returns and external government audits
Coordinate, direct and prepare monthly forecast, quarterly budgets and AOP
Managed and developed the accounting team of 3 members
Super Pufft Snacks Corp. Brampton, ON-Food Manufacturing Oct2002-Jan2006
(www.superpufft.com)
Management Accountant
Operational accounting, and set up Standard cost for products
Variance and margin analysis, product costing of existing and new products
Management of working Capital with team of 4 members
Month end closing and reporting of operating results to management
Dealing with statutory auditors and monthly bank reporting
Physical Inventory counts and calculation of inventory turns and generated several reports on raw material and finished goods inventory
Good understanding of Canadian GASS/GAAP and its application
Arenco Group Inc. Dubai, U.A.E.(arencore.com) May1989-Dec2001
(Real Estate, Hotels, Construction, Manufacturing)
Controller (Nov 2000-Dec 2001)
Consolidation of Group Company Financials statements with US GAAP and attend the monthly Board Meetings with the operational results of 85 residential & commercial properties
Formulate the strategic policies of the business in consultation with Group Director Finance
Review of Internal Controls and Operational results of Group Companies
Dealing with banks for the term loan and working capital loans for Group companies
Business reengineering of Gulf Advanced Lighting – Associate company of Arenco Inc
Atlantic Rock & Water World- Group Co. of Arenco Dubai
Chief Accountant (Jan1997-Oct2000)
Accountable for all the project cost in JD Edward Systems and monitor the projected budgeted cost with the actual cost and report to the General Manager
Revenue recognition of projects based on completion of contracts
Worked with Operation team and provide them monthly project reports and analysis
Manage the working capital in the business and dealing with banks
Manage controls on all the fixed assets at the project sites
Review of WIP accounts in the Ledger
Arenco Real Estate-Division of Arenco Group Dubai UAE
Senior Accountant (May1989- Dec 1996)
In charge of Accounts Payable team
In charge of Accounts Receivable team & General Ledger
Review of Bank Reconciliation, Preparation of Financial Statements and commentary on variances, Preparation of Budgets and monitoring the actual cost with budget.
Dealing with the Statutory Auditors & Banks
Team member of J D Edward system Implementation
Worked on accounting manual and internal controls in the business
Educational Background
CGA 2007 Certified General Accountants of Canada
Chartered Accountant – CA (Finalist) from ICAI, New Delhi India
Professional Development
Received Certificate from Richard Ivey Business/CGA on Strategic Leadership in Aug 2012.
Attended two days IFRS Seminar in Jan 10
Taught at Sheridan College Advanced Accounting Course
Computer Skills
Efficient on various operating systems such as Windows, AS400, J.D. Edwards, Oracle Financials 11i, Hyperion Planning Reporting Version 7.2, Microsoft Office (Excel, Word, Outlook Express, PowerPoint), MS Dynamics –Nav Vision 2009, Microsoft Dynamics Great Plain