Trevor Fernandes, CPA, CGA

Mississauga, ON L*M *B3 adir1d@r.postjobfree.com 1-905-***-****/647-***-****

Financial Professional

Drives Process Improvements Identifies Revenue & Cost Opportunities Mitigates Risk

Results-driven financial professional with broad experience across the manufacturing and construction industries. Known for strong communication, decision making, problem-solving and interpersonal skills, collaborating with colleagues and management to achieve company goals. Proven track record of using a team approach to drive improvements and best practices, improving the reporting close period, maximizing liquidity, and mitigating operational, financial and reputational risk.

Areas of expertise:

-Budgeting & Cost Management

-Process & Control Improvement

-Budget & Forecast Development

-System Conversions

-Profitability & Cost Analysis

-Corporate & Indirect Taxes

Professional Experience

SHORT TERM ASSIGNMENTS Feb 2016 – May 2020

(Exova/ Element, Babcock Support Services,REM Equipment, National First Nation Pharmaceuticals, CIBC Trust)

Consulting companies on their system changes, computer migration (MS Dynamics SL, NAV and 365), data clean up, fixed asset register reconciliations, tax compliances, investigating unbilled revenue, staff training and assisting with winding up of redundant divisions and assisted with the month end process.

SURTECO NORTH AMERICA INC., Brampton, ON. Nov 2014 – May 2015

Short term contract - Asst. Controller

Developed and maintained a product costing system to facilitate customer margin analysis and product costing.

Developed analytical tools for analysis of financial results and comparison of operational results

Assist in the preparation and finalisation of Group Consolidated Financial Statements with applicable accounting standard.

Coordinated and implemented procedures to gather Canadian and US tax compliance data for income tax returns, commodity tax, tax provisions and work with advisors to perform ongoing review of State tax filing strategies.

Reviewed, benchmarked and analyzed cross-border intercompany transactions between related enterprises within multinational corporate group to resolve transfer pricing issues and intercompany differences.

SNAP-ON EQUIPMENT INC., Mississauga, ON Jun 2004 – Oct 2014

Senior Financial Manager

Oversaw financial reporting of 3 Canadian divisions. Assisted in budgeting and forecasting, Canadian use and income taxes, including SR&ED claims. Managed accounts receivable, accounts payable with 4 staff prior to migration to group shared service platform. Reported to regional controller in Kenosha, Wisconsin.

Implemented discipline and automated month-end process, improving close from 5 days to 2 days.

Developed and maintained standard cost systems and established performance measures and analyses of cost variances

Assisted group management by developing and promptly reporting daily KPI on orders backlog, sales and monthly sales projections, gross margins on products, inventory and warranty expenses.

Awarded Kaizen Licence for contribution to rapid continuous improvements (RCI) on material handling in company’s pick/pack order fulfilment system.

Recognized with company’s 2007 “Beyond and Above” award for settling corporate tax re-assessments and tax audits and achieving substantial refunds for fiscal years 2000 to 2006.

Introduced reporting system on warranty cost, identifying and analyzing top concerns and assisting management in implementing corrective actions.

Provided product costing, supporting business development efforts as input to product innovations and customer profitability.

Assisted in developing and implementing Sarbanes Oxley compliance initiative, improving internal controls

.

PETROFAC INTERNATIONAL LTD., Sharjah, UAE Jan 2002 – Dec 2003

Accounts Manager, Projects

Led team of 12 accounting professionals overseeing accounting, cost control, budgeting, forecasting, risk and variance analysis of contracts and joint ventures for integrated international service provider to oil and gas industry. Reported to divisional controller.

Developed processes and procedures for revenue recognition on long-term contracts, accounting for joint ventures and financial instruments for group companies with turnover of USD $800M.

Restructured treasury function by managing company’s short-term cash flow, placing funds in short-term, multi-currency deposits of approximately USD $300M.

Negotiated with banks for improved interest rates on deposits, increasing interest earnings by USD 750K annually.

Reduced cost center overheads 15% by conducting cost mapping and improving analysis and reporting of overheads.

Liaised with contracts department for updated projections on weekly cash inflows and multi-currency outflow, maximizing liquidity and mitigating operational, financial and reputational risk.

Recommended to management treasury risk management tools, such as hedges, futures contracts and forward purchase of currencies based on operating department requirements, mitigating exchange risk.

Conducted compliance audits of 10 branches and subsidiaries, tax compliances and set up regulatory requirement compliance database in country of operation, identifying areas where adherence needed to be stricter.

WADE ADAMS MIDDLE EAST LTD., Dubai, UAE Apr 1987 – Sept 2001

Group Controller& Company Secretary

Provided strategic and technical leadership for financial reporting, budgeting, cost management and banking relationships for leading Construction Company with annual turnover exceeding USD $750M. Supported executive team as key financial advisor in developing strategy and providing financial analysis, as well as managing business and financial risks impacting company. Reported to president with direct accountability to the board of directors.

Participated as key member of due diligence team for acquisitions and worked with new companies towards integrating systems.

Managed bank facilities for project finance and working capital, maintaining debt service obligations and arrangements on very favourable terms.

Assisted in developing and implementing enterprise resource planning software system (BAAN), monitored and modified system to suit changing business needs.

Developed and implemented chart of accounts, ensuring adequacy and effectiveness for automated management, costing and financial report generation.

Delivered project feasibility analysis of all major capital acquisitions, including due diligence and financial arrangements for establishing large petroleum tank farm (known as Union Energy Inc.) for upstream saving of USD $2M on gas and bitumen product.

Education & Professional Development

B. Com,

CICA’s accounting for Income tax Course 2013, AICPA’s IFRS certificate programme, 2014

Affiliations / Associations / Memberships

Certified General Accountant, Ontario; Chartered Professional Accountants, Ontario

American Institute of CPAs; Certified Global Management Accountant, US,

Computer Skills

Advanced Excel, Word, Power Point, Access, QuickBooks, MS Dynamics SL Navision & 365, Baan, SAP, Oracle Financial, Spire, Sage, Cognos, Crystal Report, Hyperion and Jet Reports.

Contact this candidate