Asst. Controller, Manager Finance

PROFESSIONAL PROFILE:

A CPA, CGA, CMA (USA) and CA (India) with extensive global professional experience in Finance, Accounting and Business. Positions held include Profit Centre & Finance Head in small & midsized global manufacturing, distribution & international trading companies. Also as Financial Analyst, Corporate Finance Lead and Authorized Signatory to the Bank Accounts in Fortune 500 Multi-National Companies in Canada.

SYSTEM SKILLS:

Experienced in MS Word, Advanced Excel, PowerPoint, PEOPLESOFT 8.8 GL (Web Based) with COGNOS interface, INEA, COGNOS Business Intelligence, COGNOS Finance for budgeting & forecasting, Khalix / Longview reports and SAP BO (Crystal Reports), CLARITY Reporting.

Accounting packages for small and medium organizations having different modules for General Ledger, Inventory, Payroll, AR, AP and Costing etc., Working knowledge in ACCPAC.

Work Experience (Canada):

Contract and Consulting (Since July 2012)

Joint Venture tie up and Capital Structure organization for clients.

Arranging finance including off shore financing, CFO and Controller support for small business clients, project feasibility reports, discussions etc. Accounting Software set up and support for monthly accounting andreporting.

North American business and finance support for some overseas clients.

Income Tax planning and filing for individuals.This includes preparing loan applications and feasibility reports for clients who plan to invest in Canada. Tax preparations for individuals.

TD Insurance (Project Finance Consultant) February 2015 – August 2015(Contract)

Designed and created intricate financial models for various senior management reporting on multiple IT Application development projects in the Life and Health Program.

Involved in the budgeting & forecasting process for the L&H Program and the Total Portfolio.

Month-end analysis and detailed reporting with commentary on multiple projects with an aim to establish better financial control on projects and improve implementation efficiency. This includes the Capitalization and Amortization module.

Process study analysis for the entire Project Finance and Accounting team with a view to increase operational efficiency in accurate financial reporting.

Central 1 Credit Union, Mississauga, ON (Managerial Accountant) March 2013 - July 2013 (Contract)

Designed and created intricate financial models for various management / audit committee reports on internal support services, cost allocations, quarterly financial targets for incentive calculations, Trade Services sector, Capital expenditure and other project cost tracking.

Produced workflow designs and commentary on new initiatives involving Cost Allocations.

Involved in the budgeting & forecasting process for the total company and other month end / quarter end activities. Produced month-end journal entries and reconciliation in an IFRS environment.

AON Reed Stenhouse, Toronto (Lead – Corporate Finance) December 2004 - October 2012

(Fortune 500 MNC – Revenue: $250M plus) (Including severance period)

Direct reporting to the CFO and other Senior Executives. Authorized Signatory to the Companies Bank Accounts.

Managed the consolidation of the monthly P&L reporting package for 30 branches, 5 regions, and corporate.

Month end P&L closing with complicated journal entries including various cost allocation entries, coordinating with the Regional Finance Managers for final month-end adjustments as per Canadian and US GAAP.

Led and controlled the annual budgeting and Monthly forecasting with the various Regional Finance Managers, IT support team and the Corporate Office in Chicago, USA. Reporting to the CFO.

Designed, Modelled and Developed several senior management reports necessary for critical decision making on productivity and profitability. These included detailed variance analysis of revenue, expense and profits, monthly performance summary reports, revenue engine reports, Line of Business P&Ls, KPIs.

Participated in the PEOPLESOFT (ERP GL upgrade implementation including GL mapping and hierarchy testing. Lead the implementation and training of COGNOS Finance throughout the company.

SOX testing for revenue and expenses related processes including working papers backup support.

Supervision of several A/R and A/P reconciliation and related reports to support the cash flow cycle. Balance Sheet account reconciliation, cash flow analysis and inter company reconciliation.

RBC Financial Group, Toronto (Financial Analyst) July 2000 – November 2004

RBC Group subsidiary consolidation accounting for over 400 subsidiaries, month-end closings as per US and Canadian GAAP, reporting to senior executives.

Complex consolidation elimination entries for equity investments and profits. GL reconciliation and analysis for global subsidiaries.

Financial Statements compilation and OSFI reporting Royal Bank Mortgage Corporation (RBMC). SOX and external audit working papers preparation and support for the consolidation processes.

Work Experience Global (Manufacturing, International Trade and Consulting):

Finance & Business Consulting (Manufacturing and Small Business companies, Individuals, India, 1996 to 2000)

Provided Full cycle accounting and other business solutions to clients on a retainer basis.

Arranged Capital and Working Capital loans for small business clients in India and UAE. CFO and Controller support on a consulting basis.

Company incorporation including preparation of Articles and Memorandum of Association, Joint Venture agreements, Project feasibility, Loan negotiation, Private Equity etc.

Zarnash General Trading. (GlobalTrading, Manufacturing, Controller & Country Head,UAE, Kenya, 1993 to 1996)

Managed a staff of 6 employees, revenue of US$ 5 Million, reporting to the Chairman of the group in Nairobi, Kenya. Handled the incorporation of the company, supervised full cycle accounting, Internal and external financial reporting with detailed financial analysis in a multi-currency operating environment. Off-shore financing for group companies in Kenya with back-to-back trade deals. Finalization of the financial statements and annual audit with external auditors.

Rolled Steel Products Ltd. (Manufacturing Roofing Sheets, General Manager, Nigeria, London 1990 to 1993)

As a General Manager of the company having 75 employees, supervised four functional managers and managed a revenue flow of US$ 25M, reporting directly to the Managing Director and the Corporate Office in London, England.

Supervised the Full-Cycle Accounting, Financial and Management Reporting functions, Capital Restructuring and Working Capital enhancements from a consortium of banks, Finalization of the financial statements and annual audit with external auditors, All treasury functions including FX arrangements and documentation for Imports of raw materials from Japan and Germany, Detailed financial and other business related information packages for board meetings on a quarterly basis.

Food Oils Ltd. (Manufacturing Vegetable Oil, Finance Head, Malaysia, Nigeria, 1988 to 1990)

As a Finance Head supervised a staff of 4 and managed revenue flow of US$ 40M, reporting directly to the Managing Director and the Corporate Office in Kuala Lumpur, Malaysia.

Supervised the Full-Cycle Accounting, Financial and Management Reporting functions, Capital Restructuring and Working Capital enhancements after acquisition, Finalization of the financial statements and annual audit with external auditors. All treasury functions including FX arrangements and documentation for Imports of spare parts and export of by products to European countries, detailed financial and other business related information packages for board meetings on a quarterly basis.

Jaiprakash Industries Ltd., (Cement Manufacturing,Deputy Financial Controller, India, 1985 to 1988)

As a Deputy Financial Controller of the company supervised a staff of 5 employees and reported to the General Manager of Finance.

Prepared detailed project feasibility reports and obtaining capital finance of US$ 145M. Including a public issue of US$ 20M, working capital of US$ 5M. Led a team on a special project for the capitalization of the entire project before commercial production. Set up the countrywide distribution, sales and collection accounting system for channelizing revenues of over US$ 400M. Interactions with external auditors for yearend close of accounts and finalization of the financial statements. Detailed financial and other business related information packages for board meetings on a quarterly basis and for the Annual General Meeting.

B.R.Maheswari & Co.(Auditors of Manufacturing Companies,Audit Assistant, Audit Manager, India, 1980 to 1984)

Cost Audits and manufacturing process audit of steel mills, sugar mills, electrode, zinc smelter etc. Financial and Statutory audits of several private and public companies. Management and Internal Audit to improve efficiency and productivity. Tax and subsitd Audit for some EX IM clients.

Statutory Investigation and certification of Government companies manufacturing zinc ingots

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