LIZA FORBES, CPA

*** ****** ******, *******, ** M4S 1X1 647-***-**** adl6bi@r.postjobfree.com

PROFILE

A CPA designated finance professional with expertise in Financial Reporting & Analysis, Regulatory reporting to BOC, OSFI and Statistics Canada. A strong and practiced communicator who uses initiative and confidence in a personal performance role and relates easily and well at all levels of hierarchy. Self-motivated, attention to detail, accuracy, and the ability to work independently & with others as a team player. Experience leading and training junior team members.

Areas of Expertise:

10+ years in Financial and Regulatory Reporting, Analysis and Reconciliation including current management role. Expert level knowledge of quarterly and year-end financial statements and related quarterly disclosure documents

Extensive experience in computerized accounting systems supported by knowledge of MS office applications - advanced user of Excel (Macros and Pivot macro), Word, PeopleSoft (Essbase, Hyperion Smartview, Oracle Based Intelligence)

Completion of CPA program

Design, implementation and improvement of controls and procedures

Strong knowledge of IFRS and ASPE standards

Participated in Finance Transformation projects at both TD and Scotiabank

Possess superior multi-tasking skills and the ability to work in a dynamic and changing environment delivering accurate results on a timely basis

Strong organizational awareness & ability to manage relationships within & across multiple businesses, technology & corporate groups

PROFESSIONAL EXPERIENCE

TD Bank, Toronto, ON 2018 – 2019 (14 months)

Manager, Regulatory Reporting - Contract

Responsibilities:

Review and approval of the various regulatory returns to OSFI and Statistics Canada. This includes the quarterly Geographic Distribution of Assets and Liabilities (Booked outside Canada and Booked inside Canada, T2), Non-Mortgage Loans (A2/AS), Securities Report (B2/BS/CS), Deposit Liabilities Report (K4/S3), and Report on New and Existing Lending (A4) and Regional Distribution of Selected Assets and liabilities(R2) and Assets Under Administration Booked in Canada (S4), GDAL memo Items

Investigation of various reports discrepancies by building and using the Hyperion Smartview ad-hoc reports in Excel

Verification of the validity of the variance analysis for the regulatory returns on a month-over-month or quarter-over-quarter basis for Assets and Liabilities

Processed improvements and optimizations to the existing returns customization design

Maintenance and updates of accounting policies and procedures related to specific job assignments

Reviewed the performance of various ad hocs from the Canadian Regulatory bodies and management

Guided staff on various tasks regarding regulatory requirements and housekeeping changes

Trained and assisted the new team in Moncton to successfully enable them to reach the goals of the finance transformation strategy

Scotiabank, Toronto, ON

Senior Financial Analyst 2008 – 2018 (10 years 4 months)

Responsibilities:

Preparation and submission of the following returns to OSFI and Statistics Canada: Monthly Consolidated All Bank and Subsidiaries Balance Sheet and Income Statement returns and their reconciliation, Mortgage Loans outstanding return, Real Estate Concentration Ratio for CDIC Differential Premium return, Canada Student Loan Return, Gold Statistics Return

Designed Hyperion Smartview customization in Excel for all returns under my administration after the department's reporting system conversion to the OBI financial reporting system - such as Balance Sheet, Income Statement and other returns

Analysis of the monthly Balance Sheet and other returns variances via Hyperion Smartview, monitoring and evaluating the financial information and follow up with explanations to appropriate areas of the Bank.

Preparation of variance analysis report to the Senior Management team.

Preparation of quarterly and year-end financial statements and MD&A Notes for Shareholder reports

Preparation of CDIC return

Maintenance and updates accounting policies and procedures related to specific job assignments

Liaison, co-ordination and response to internal/external audit requirements

Ensured that all the SOX documentation is prepared and updated regularly for relevant processes

Key achievements:

Updated and prepared new templates for continuously ongoing IFRS and OSFI housekeeping changes

Experience with data integrity of a loan ledger, investigating report discrepancies, providing analytical support, and support user acceptance testing. Participating in Balance Sheet/P&L closing procedures

Implemented variance analysis to explain monthly and quarterly fluctuation of the returns

Maple Trust, Toronto, ON Accounting Analyst 2006 – 2008 (2 years) Responsibilities:

Performed reconciliation of daily cash flows for all mortgages under administration

Prepared daily bank transfers to trust accounts, bank reconciliation of trust accounts, and daily cash reconciliations

Managing the month-end reconciliation processes and required accounting entries

Assisted with reconciliation of accounts payable

Key achievements:

Improved monitoring of the process for the accounts daily reconciliation, shorten the investigation of the variances timeline.

EDUCATION

Successfully Passed CPA Common Final Examination November 2020

CPA PREP and PEP 2014-2018

University of Toronto Continuing Education Studies.

Completed courses in Financial and Management Accounting, Taxation, International Business, HRUniversity of Management and Finance (Moscow, Russia)

Bachelor of Commerce and Economics (BComm) - Canadian Equivalency validated by University of Toronto

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