VISHWANAND (VINCENT) RAMNAUTH, FCCA, MBA, CPA, CGA
Email : adc79t@r.postjobfree.com
Address : ** ******’s Cres, Brampton, Ontario, L6Y 4V1
Phone : 1-437-***-****
Overview
Highly energetic and motivated. Adaptable to ever-changing circumstances. Love new challenges. Extremely result and customer oriented. Excellent leadership, team management and problem solving skills. Open minded, hardworking, punctual, ability to work in a team and individually. Strong work ethics, detail oriented, professional ethics and reliable. More than 20 years’ supervisory experience in accounting and finance in the Telecom Industry. Fully bilingual and French being my first language. Moved to Canada with PR status on 10th August 2018.
Experience
Account Receivable/Billing and Payable Co-ordinator – Willard manufacturing Feb 2020 to date
Full invoicing/billing responsibilities
Clean up all outstanding AR
Perform vendor statement reconciliations
Full responsibility for cash management
Daily Bank Reconciliation and reporting
4 -week cash forecast detailing receivable and payables
Managing cash balances and foreign currency exchange transaction
Performing weekly check runs according to approved forecast
Performing Monthly Bank, Accounts Receivable, & Accounts Payable Reconciliation
Performing Interco balance sheet reconciliations
Convert all customer and suppliers to EFT payment
In charge of Account receivable and accounts payable
Approve new customers – credit bureau search
Ledger entries
Senior Accountant- Rova products Inc, Canada Dec 2019 to Feb 2020
In charge of Account receivable and accounts payable
Approve new customers – credit bureau search
Ledger entries
Produce monthly trial Balance and financial statement
Produce monthly MIS
Produce weekly and monthly cash flow forecast and statement
Negotiate short term loans with Banks
Produce monthly budget
Overview the supply chain and perform inventory counts
Perform fixed assets inventory count and reconciliation
Collections Officer (Bilingual)– Canada Revenue Agency- British Columbia April 2019 – October 2019
Initiate contact with taxpayers, their representatives, and third parties to gather information and documents.
Collect outstanding amounts and resolve/refer compliance issues for an assigned workload.
Review and analyse account and taxpayer information to establish filing reporting and payment deficiencies, hardship, ability to pay, and identify sources of recovery.
Respond to mail, telephone and in-office enquiries and complaints from taxpayers and representatives.
Verify or research taxpayer information and leads from inside the office by using internal and external sources and by making requests for fieldwork such as out of office interviews with taxpayer, attending insolvency proceedings, and other events.
Initiate and follow through with all legal actions until completion in accordance with Agency policies and procedures to collect or encumber assets to safeguard the Agency’s interests.
Make recommendations for relief considering fairness provisions, remission guidelines, or write-offs.
Bilingual (French) Dealers Accounting Clerk – Chubb Fire and Security- Mississauga - Feb 2019 – Mar 2019
Enter new dealer and customer accounts in ABM
Process updates to existing accounts and posting registers
Create KPI slides for the dealer team. Manual payment process and create manual service invoices
Generate report of outstanding invoices at end of month and audit and approve intercompany charges
Balance dealer statements and assisting dealer account representatives with data entry
Create and revise billing codes in the Acknow system (ERP)
Process dealer payments on a monthly basis and responding to dealer inquiries and distribution of all mail and faxes
Assist GA team with month end postings
Run various reports requested by management and provide them with a summary
Bilingual (French) Customer Service officer – Scotia Bank- Scarborough Oct 2018 – Feb 2019
Take at least 60 daily inbound customers calls
Identify customers banking needs and provide customized solutions that result in a memorable experience to the customers.
Demonstrate passion for superior customer service and problem-solving abilities
Acquire indebt knowledge of products and services to field a high volume of interactions with Canadian Banking customers and offer them personalized advice and solutions.
Be self-directed, performance-oriented in order to resolve immediate customer enquiries to 100%
Achievements
A 100% call resolution in three months period
A customer satisfaction of 9.5/10 over three months period
Manager Credit Control, Mauritius Telecom 2014 – 2018
Supervised and lead the credit control department. Managed 16 staff
Implement and review the strategic credit control objectives of the company.
Review credit control operational procedures that brings 100% efficiency.
Improve customer relationships and improve company liquidity
Achievements
Successfully implemented new MIS tool that enabled better decision making in the short term.
Managed the migration to a new credit control software. Organized and trained staff with 100% satisfaction.
Write off old debts (data cleansing) and the reversal of old provisions that increased profitability by 10%
Set up a dedicated call center team for credit control and recovered old debts by 50%
Improved recovery ratio and liquidity position by reducing the credit period by 15 days
Reviewed the dunning procedures and introduced legal actions within three months thus improving recovery by 5%
Introduced a new system for the provision of bad debts as per IFRS. Increasing profitability by 2%
Successfully set up a credit control committee that reviews credit control results weekly
Financial Controller, Mauritius Telecom 2008 – 2013
Implement strategic financial objectives of the company. Ensure a 95% goals achieved.
Monitor yearly budget preparation, examine monthly dashboard, prepare, analyze and report on monthly OPEX and CAPEX, monitor provisions and analyze budget estimates and report to the board.
Achievements
Reduced OPEX by 20% following the introduction zero based budgeting
Implemented and conducted risk analysis in the finance department
Provided IFRS training twice yearly to all accounting staff thus saving training cost by $1million
Successfully migrated the budgeting system to Oracle finance within three months
Eliminated unnecessary costs by 20% through analyzing the cost drivers.
Successfully carried due diligence report for three overseas acquisitions.
Calculated WACC of the company and improved new project evaluation using NPV and IRR
Accountant - AR, AP, Supply chain and fixed asset, Mauritius Telecom 1998 to 2008
Managed and supervised 40 staff of the accounts receivable and payable department.
Managed and supervised 6 staff the fixed asset department
Managed and supervised 16 staff in the supply chain department
Achievements
Successfully introduced staff performance measurement system.
Eliminated the issue of hard copy invoices replacing by soft copy of invoices sent to customers. Saved posting costs to 25,000 customers.
Cleared all unallocated payments received from government bodies to the amount of $5 million.
Introduced the system of automatic issue of statement of account to 25,000 customers
Implemented record keeping from hard to soft copy saving substantial paper cost and storage cost
Successfully implemented VAT in the company and conducted training for 1500 staff.
Performed data cleansing by eliminating insignificant amount due by debtors about $1 million
Implemented wire/bank transfer payment to all customers within six months.
Cleared all outstanding invoices ($10M) through creditors circularization
Performed successfully fixed assets inventory and reconciliation within six months
Cleared substantial WIP that was pending capitalization around $ 3 million
Successfully implemented the recognition and measurement of assets impairment in the system.
Implemented a supply chain committee to efficiently manage stock items. Reduced overbuying by 75%.
Saved substantial holding costs by outsourcing storage of fixed assets equipment
Successfully implemented the computerization of the procurement department
Saved huge costs and increased liquidity by setting umbrella agreement – recommended by France Telecom Group.
Actively involved in the GSM implementation projects, high level negotiation with overseas suppliers, resolving issues and disputes, participate in the Tender board, pricing of obsolete and slow moving stocks items.
INVESTIGATION OFFICER, MAURITIUS REVENUE AUTHORITY (MRA) 1992 – 1998
Investigate fiscal fraud cases and carry researches on taxpayers (Banks, Property, Credit bureau….)
Call tax payers and conduct interviews with taxpayers and their authorized representatives.
Visit the tax payer premise and analyze books and records
Raise assessments based on available information.
Prepare cases to the tax appeal tribunal following objections from the taxpayer
Attend tax appeal tribunal
Achievement – Ranked first at the final exam for the inspector of Taxes
Education
Year
Degree
Canadian Equivalent by WES
April 2019
CPA. CGA Member (Ontario/Canada)
June 2005
MBA, University of Leicester, UK
Master Degree
February 2004
FCCA - Fellow Chartered Certified Accountant, UK
4 years Bachelor degree