Controller

YVETTE M. PENNO, CPA CGA

Senior Financial Business Partner

**** ***** ***** **, ****. ON L4Y 3M9

Residence: 905-***-****

Cell: 416-***-****

ca.linkedin.com/in/yvettepenno/

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

EXECUTIVE SUMMARY

A highly motivated senior manager with 18+ years of solid controllership & management experience. Specializing in creating & communicating insightful analysis to influence the strategic direction of the business maximizing shareholder value. Recognized for dedication, strong interpersonal skills, and the ability to turn strategy & high level thinking into action. I work well with all associates to create an environment of success orientation, integrity, co-operation & trust.

CAREER HISTORY

THE BAGG GROUP 2014-2015

FINANCIAL CONTROLLER – reporting to President

Oversaw all finance functions for a Canadian owned and operated professional recruitment company. Hired to make effective changes to get timely financial information, manage cash flow and make the process improvement necessary to gain efficiencies within the department and the business. Overall responsible for all financial reporting, banking compliance, external financial reviews, internal payroll of 50+ and 600+ weekly temporary payroll, & mentored a staff of 9 employees.

Accomplishments:

Redesigned & developed financial statement to align with current business unit structure & GM’s responsible.

Consolidated the financial results of 5 legal entities and 6 business units/operating entities.

Developed the first ever budgeting process and the associated cash flow forecasting

GFK RESEARCH DYNAMICS 2005-2013

FINANCIAL CONTROLLER – reporting to Managing Directors

Oversaw all finance & administrative activities for the Canadian company of a multinational market research firm. Managed & oversaw all the global reporting, local financial & management statements, budgets, forecasts, cash flow, statutory requirements, internal & external financial audits, payroll, employee benefits, employee performance plans, & mentored a staff of 2 employees.

Accomplishments:

Independently lead this entrepreneurial company that had no existing financial systems & practices in place & integrated them into the global muti-national company’s finance reporting model within 6 months.

Member of the Senior Management Team identifying & providing financial insight to the strategic planning & management of the company. Highlighted key business issues & opportunities to the team to increase profitability & efficiencies by evaluating sales, client, and operational performance.

Ensured the integrity of the financial & business activities reported to our head office & prepared monthly commentaries to detail the financial performance of the business against the strategic business plans.

Lead & developed the company’s first ever business budget and forecast plans. Lead the discussion on expectations & key performance plans & identified key issues. Provided business insight along with finance plans when preparing commentaries for both budget & forecast plans.

Monitored individual project performance identifying issues & risks within projects and practice areas. Proactively following up with the key individuals accountable to ensure project success & the preservation of expected margins.

Managed all employee payroll & employee related benefits including group insurance, RRSP Plans, designed performance planning documents, bonuses & bonus benchmarking within the industry as well as other compensation plans, Employee Handbooks, & contributed to Best Practices Handbook for researchers.

Integrated of all financial processes to a shared services model resulting in savings of $120K annually.

CONTRACT POSITIONS:

PEPSICO – REPORTING MANAGER - reporting to Assistant Controller 2004-2005

Accomplishment: Stepped in for a leave of absence working with the finance team in the financial statement preparation.

MILLER CONSTRUCTION – DIVISIONAL CONTROLLER - reporting to VP Finance 2003-2004

Accomplishment: Oversaw all the financial activities & financial statement preparation of the heavy construction, paving & concrete business units with little training.

USL CONSTRUCTION – DIVISIONAL CONTROLLER - reporting to President 2003

Accomplishment: Enhanced & developed the capabilities of the financial systems to provide more detailed management reporting.

GLAXO SMITH KLINE – ACCOUNTANT- reporting to Controller 2002

Accomplishment: Supported the Marketing and Sales team with various financial analyses.

ACNIELSEN DJC RESEARCH 1989-2001

FINANCIAL CONTROLLER – reporting to CEO

Oversaw the finance & administrative activities within a professional marketing research practice, a division of a US multinational. Responsibilities included overseeing financial statement & management information preparation, budgets, forecasts, banking & cash management, payroll & employee benefits, performance planning & mentoring of 3-4 employees.

Accomplishments:

Proactively developed financial systems & practices where none existed & evolved a finance statement & drill down financial reporting model, & key performance indicators which were instrumental in analyzing current & expected results to increase operational performance & profitability.

Provided insight & financial expertise to the forecasts and business plans, strategy setting & overall management of the company. Assisted non-finance savvy managers to quantify their business plan.

Integral in developing forecasting & operating plans in line with the strategic positioning of the business. Provided insight & financial feasibility analysis to new initiatives, products, services unit & sales targets to maximize profitability, resources & assign accountability.

Implemented a financial reporting system which provided consolidated results of 3 companies on a timely & accurate basis complying with corporate offices requirements within the first year.

Designed a customized management information system to meet the needs of business unit heads & management. This system identified opportunities for improvement & growth to support accurate & timely business decisions.

Prepared quarterly & annual business analysis to parent company which highlighted key performance issues related to meeting of the business objectives including financial & non-financial information.

Lead management team in the divestiture of a subsidiary business in Quebec resulting in increased profitability of approximate $100K per year.

Lead the management team through two due diligence processes as a result of ownership changes. Integrated new financial reporting requirements with each change in ownership with minimal disruption.

EDUCATION & PROFESSIONAL DEVELOPMENT

CGA – Qualification 1993

Shaw Business College – First year exemption CGA

Controllership Conferences, Laurier Professional Development Days, Leadership & Time Management

COMPUTER SKILLS

Microsoft Office, Microsoft Solomon, Jonas, Hyperion, AccPac, Microsoft Great Plains, QuickBooks

INTERESTS

Horses & Riding Dressage, Adventure Travel, Alpine Skiing, Photography, Hiking & other outdoor activities

Contact this candidate