Swami Balasubramanian, CA, CPA, CGA

Calgary, AB

Contacts: addi8d@r.postjobfree.com; 403-***-****), +91-703**-*****

https:/www.linkedin.com/in/balasubramanian-swami

Summary of Qualifications:

A skilful finance and risk professional with extensive SOX and risk-based internal audit experience possessing strong accounting/ IFRS knowledge. A strategic critical thinker at all levels of the organisation. Proficient in Merger and acquisition requirements, corporate structuring, control designing experience with SAP 4 Hana implementations and tender projects. A highly adaptable, pro-active, proven hands-on manager with significant automotive, consulting, construction, mining, Oil & Gas and retail industry knowledge. Demonstrated ability to harmonise operations consistently across business units and increase the bottom line. Thrives on challenge, change, and innovation. Robust in developing and implementing internal controls. Have extensive experience in SAP Auditing. Five years in public practice.

Areas of Expertise:

Strategic Planning and Risk Assessment

Job Costing

Operational & Compliance Audits

Financial Analysis

Data Analysis

Exposure to SAP functionalities from Audit perspective

Continuous Process Improvement

M&A- due diligence

Leading ISO Audits

Professional Experience:

2018 – 2020

Chief Financial Officer / HANSA Group, Pune, Maharashtra, India

Providing insight and analysis to support the CEO and the board in formulating the Strategy

Execute and monitor the Strategy implementation

Corporate governance and Risk management

Treasury management

Leading the key initiatives in finance that support overall strategic goals

Leadership role in driving Merger & Acquisition.

Setting up compliance strategy and effective compliance management plan

Monitoring Information Technology

Driving new business with focus on solution provider to mining, oil and gas, power and logistics areas

Project planning, costing and estimation, scheduling, staffing, change management, safety and control procedures in providing low cost solutions to mining, Oil and gas verticals

Monitoring and QA/QC of project performance

S/4 Hana implementation and design analysis (FICO, MM, PM, PS modules)

Leading ISO Audits – 27001,22301,37001,31001,50001

Corporate structuring of optimal location of holding company from tax efficiency and investment protection and other critical parameters.

Providing guidance on implementing SharePoint structure on line

Involved in project tender submissions (Total Logistic tender, pipeline tender et al.)

2009 – 2018

Manager – Regional Compliance and Audit / Sobeys Inc., Calgary, AB, Canada

Reduced the inventory shrink losses by $500K, with recommendation procedures as implemented during the inventory replenishment audit of the West business unit.

Detected Fraud of $1 million during payment disbursement audit.

Improved the business processes and controls by developing financial control monitoring process and controls, and by incorporating the best practices.

Assess the business performance by benchmarking and providing financial insights for improvement.

Evaluated the design & operating effectiveness of the controls including application controls.

Involved in the projects end to end such as simplified costing coast to coast, harmonizing process across locations, Safeway acquisition – field work audit, identifying risk, issues and preparing regular report, having meetings with stakeholders for action plans and making follow ups for completion.

Recommended mitigation and solutions to processes where deficiencies were identified, and worked with management for implementing an action plan.

Co-ordinated quarterly CEO/CFO sign off certification process.

Interviewed different stakeholders for control effectiveness.

Updating project audit plans and scope changes on regular basis and reporting to stakeholders

Executed a range of risk-based operational audit of business process and special project audit.

Managing the risks by conducting risk workshops and reporting to audit committee on quarterly basis.

Managed, planned, and reported objectively on the adequacy, efficiency, and effectiveness of the business process audits.

Reviewing and QA/QC of the reports, documentation prepared by audit team and providing review comments for responses and feedback, discussing with stakeholders for issues and action plans, prior to releasing the final report.

Ensured the timely completion of the assigned work within budget. This required frequent planning and prioritisation of projects around the businesses schedule.

2012 –2018

Limited public practice

Preparation of financial statements, corporate and personal tax returns, GST returns and T4/T5/T3 and T5013 filings, working paper files.

Payroll preparation

Handling compilation engagements for small business.

Dealing with tax authorities and responding to their queries on client’s behalf

Advising the clients on the changes in the tax laws and for tax planning investments.

Advising the client on the documentation required to be retained.

Preparing business plan for the clients for loan facility.

2007 –2008

Manager – Finance Control / Laird Electric Inc., Edmonton, AB, Canada

Performed financial job audits to ensure all the costs and revenues were accurate and complete.

Successfully re-engineered procure to pay, order to cash cycle, and job costing processes.

Increased operational efficiencies by adopting the best practices, numerous work sessions with the right people, identifying the gaps, and implementing key controls.

Ensured that the features/functionality of the CMS application were used effectively to meet the business needs in areas of Purchasing, Job costing, Equipment, and Billing.

Project reporting for clients on weekly basis – Suncor energy, Albian sands, Nexen energy etc. for the cost incurred, revenue recognized, profitability and impact from change orders.

Creating and updating internal audit plans and scope changes regularly and reporting to senior management.

Reviewing and QA/QC of the reports, documentation prepared by audit team and providing review comments for responses and feedback, discussing with stakeholders for issues and action plans, prior to releasing the final report.

2006 – 2007

Sr. Compliance Consultant / CSI eSecure, Toronto, ON, Canada

Undertook Risk Analysis, and prepared risk control matrix for all the business process cycles.

Initiated the documentation of Business Process Narratives, and accounting policies/procedures.

Evaluated the design & operating effectiveness of the controls including application controls and provided recommendations, where required.

Accelerated quality assurance review with client and recommendation of best practices.

Reviewing and QA/QC of the reports, documentation prepared by audit team and providing review comments for responses and feedback, discussing with stakeholders for issues and action plans, prior to releasing the final report to the clients.

Clients Handled

Sherritt International Group – Bill 198/SOX Compliance and Implementation Project

Osprey Media – SOX/Bill 198 Compliance

Toronto Hydro – CobIT Implementation work

Penn West Energy Trust – SOX Compliance testing

1995 –2006

Manager, Finance and Accounts / Diamond Motors Limited, Dar es Salaam, Tanzania

Prepared the Business plan of the company for the ensuing years.

Liaised with the bank for trade finance, discounting, treasury functions, increase in the facility limits etc.

Prepared monthly financial statements, working papers, and reconciliation of significant GL accounts.

Implemented Kerridge (ERP) software in areas of showroom, marketing, vehicles, accounts, parts, and service.

Professional Affiliations:

CA (India), CPA, CGA (Canada)

Technology Skills:

SAP

Sage and Quick Books

Microsoft Office (Advanced)

Tax Software

Business Warehouse

Data Analytics

Profit Centre Accounting

Project Control, Costing, Scheduling & Estimation

Education and Training:

B.Com India

IFRS working sessions

SAP and Data Analytic training

Community Involvement:

Sanatan Cultural Society of Alberta, Calgary, AB – Treasurer

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