CATHERINE SAVERIMUTTU

Mobile: 416-***-**** Email: adxu1d@r.postjobfree.com

https://www.linkedin.com/in/catherine-saverimuttu-ab133212

EDUCATION:

CPA- PEP In Progress 2021 - 2025

Ted Rogers School of Business Management Ryerson University

Bachelor of Commerce -Accounting Major. Econ Minor 2016 - 2020

CGA Pace Level. 2010 - 2016

Chartered Institute of Management Accountants - CIMA UK - Management Level. 2010

TECHNICAL SKILLS:

Accounting Standards: IFRS, CGAAP, U.S GAAP, PSAC, ASPE.

ERP Systems: SAP-FI &CO, Oracle Financial/Manufacturing, People Soft, Great Plains Microsoft Dynamics D365Financial. Modelling by Marquee Group

Other: Visual, Cognos, Cruse, Agresso, AS 400, GLDM, CFR, SIR, ECMF, EDSF, Hyperion.

Excellent Excel skills- Deal with Large Volumes of Data-Pivot tables, V lookups, Formulas-ISNA, MATCH, What IF.

Reporting Tools: Hyperion, FRX, Oracle Business Intelligence (BI), Bloomberg.

SQL (Intermediate), Tableau, Audit- ACL & Case Ware.

PROFESSIONAL EXPERIENCE:

City of Toronto JAN 2023-FEB 2023

Finance Business Analyst (Consulting).

Division: Finance and Treasury

Assisting with the implementation of SAP S/4 HANNA system transformation based on PSAC.

Kerbel Group Inc. JUL 2022 - AUG 2022

Project Accountant (Real Estate Investments)

Responsible for year-end close for Investment companies. Maintain year-end close lead sheets for several Investment companies: Performed general Ledger account reconciliation, financial reports, and journal entries. Responsible for tax, and internal transfer payments.

Toronto Police TPWOF MAR 2022- JUN 2022

Accountant Financial Reporting-TPWOF Investments: Capital Market/Mutual fund and Insurance (Consulting).

(Maternity Contract-1st Qtr. Financial) (Remote), Quick books

Responsible for Full-cycle Accounting, month/Qtr. /Year end close activities. General Ledger account reconciliation, financial reports, and journal entries preparation. Investment reconciliation based on IFRS 9, Pooled Funds, Fixed Assets CAPEX/OPEX, Leases IFRS 16, Bank, Payroll, Prepaids, PST / GST and Corporate Tax filing, Revenue, Insurance, Pensions, Liability Provisions, Accruals, and Expenses.

Preparation of Financial statements. Overseeing AP and AR, maintain Continuity schedules, leads sheets/Working papers, SOX documentation and implemented process improvement.

Report CFO on Financial & Management Reporting. Update Budgeting, Forecasting, and Variance Analysis. Revise accruals and allocations based on budgets.

TD SECURITIES-Moncton (Toronto, Remote Contract): Consulting JULY 2021 - SEP 2021

Short Term Contract-. Sr Accountant Investments (Capital Market)

Peoplesoft, Hyperion (HFM) ESSBASE, Coins, AS 400.

Assisting full cycle Securities Accounting, Month End Close reconciliations. And preparing SOP, SOX documentation for TD Securities and TD Wholesale transactions.

Preparing, and analyzing accounting records, for accuracy, completeness, and conformance to reporting and procedural standards.

ONTARIO HERITAGE TRUST: Toronto, Ontario -Contract-Yearend Financial MAR 2021 - JUNE-2021

(Ministry of Heritage, Sport, Tourism and Culture industries), Great Plains Microsoft Dynamics D365, Excel, FRX

3 Months Contract: Investments Accounting and Reporting lead (PSAC) -Consulting

Working with KPMG auditors creating Excel model aligned with PSAC 3450 Investment Accounting & Reporting standard, preparing Audit binder, and Audit lead sheets for YE Audit.

Responsible for automation of Investments Accounting and Reporting. Responsible for month-end and year-end activities. General Ledger account reconciliation, financial reports, and journal entries preparation for Investments.

Building an excel model for Investments, with the collaboration of E&Y Auditors. Analyze Accounting Records, Reconciliations, Leads Sheets, Financial Statements, and Mutual Fund Statements to endure accuracy and completeness of recording investment transactions. Dealt with Pooled funds, Capital Market Securities, Redemptions, GST payable, Management fees, and Fund allocations. Moving from Amortization to Fairvale method of accounting. Develop, implement, modify, exciting accounting systems: Reconciliation, reversing old chart of accounts and creating a new chart of Accounts for investments alien with OHT Accounting Policy and PSAS 3450 Accounting Standards.

Allocating investment Income (Dividends, Interest) and Unrealized Gain /loss of Investments for Management Reporting and Fund Accounting.

Preparing Year-end Close JE’s, Financial Statements, Continuity Schedules for Investment Inventory. Creating Lead sheets, Audit Binder, SOP and SOX documentation for Investments.

MANULIFE FINANCIAL: Toronto (Remote) Consulting AUG-2020 - OCT2020

Sr. Accounting Analyst- UAT Testing Securities Accounting Investments. Capital Market IFRS 9, USGAAP, STAT, TAX

Assisting in UAT of implementation of new Securities AABOR system.

Ensure accounting treatment for securities are in line with regulatory requirements across multiple accounting bases (e.g., IFRS, USGAAP, Statutory, and Tax).

Using various Investment platforms including Bloomberg and others for designing and testing. Collaborate with various business partners such as Trade Operations, Investment Systems and Corporate Controllers for testing special transactions.

TED ROGERS SCHOOL OF BUSINESS MANAGEMENT - Toronto JAN 2016 - JUN 2020

Bachelor of Commerce -Degree completed (Full time) and active in CPA.

CIBC: Treasury & Liquidity Management: Toronto. FEB 2015 – SEP 2015

Business Analyst: Capital Market, Derivatives, Investments (Consulting).

Project Basel 11 &111.Data Compliance Act. NCR, NCCF, LCR, NSFR Automation.

ORACLE-BI, Excel, SQL, Tableau, People Soft.

Support Treasury and Liquidity Management team in implementing new Basel 111 requirements. Assist in OSFI Risk and Capital Adequacy Reporting-NCR, NCCF, LCR, NSFR Liquidity Ratio calculations. Credit Risk analysis based on Internal and External Credit Rating, Maturity buckets, and Impairment testing.

Analyze, and identify control gaps in processes to improve the Basil 111 &11 requirements. Summarize & document the findings, and provide status updates and recommendations for correction. Ensure consistency and deviations are within the threshold rule (80/20) based on Technical and Accounting aspects. Actions are taken based on the Cost-Benefit perspective. Such as Cording errors are only informed and not corrected.

Performing Month-end Close GL reconciliation, Variance analysis, and preparing Manual JEs to correct the mapping issues in Financial and Statuary reporting for Investments. Analyzing Fixed Income/Derivatives, OTC /Equity, Bonds, Equity, Repo, Reverse Repo, Security Borrowing, Lending, Netting, Collaterals, Structured Credits. Mortgage Back Securities (MBS), Asset Back Securities (ABS), On Balance Sheet (Assets & Liabilities), Off-Balance Sheet & P&L items.

Assisting in SOX walkthrough & detailed testing required by Internal and external auditors. Provide suggestions for Improvements. Update and Maintain Treasury GL reconciliations and Policy Manuals. SOP and Sox documentation for Investments. Also, assisting in Management Reporting, Mortgages, and Loan reconciliation.

Performing UAT Testing for New System Implementation of ORACLE BI. Effectively manage projects through concise and effective communication avenues.

Back to school: CGA JAN 2012 – DEC 2014

Sun Life Financial-Reinsurance: Toronto. SEP 2010 - DEC 2011

Financial Analyst Investments, Capital Market-Investments

IAS 39-9, IFRS 7, USGAAP, CGAAP, SOX

ORACLE Financial

Responsible for Accounting, Financial & Statuary Reporting of closing down the Ireland Branch Reinsurance Investments.

Responsible for Month-end close Reconciliations and Financial Reporting based on IAS39, IFRS 7, U.S. GAAP, CGAAP in multi-currency (USD, GBP, AUD, CAD) for Ireland branch Investments. MD&A notes for Investments as per IFRS 7. Reconciliations are prepared in Excel using post-trading data provided by State Street and uploaded into Oracle using Macro built-in templates.

Responsible for the reconciliation of Multiple Bank accounts in multi-currency. Initiate settlements and wire transfers for the disposal of securities. Perform Fund Transfers, Opening, and Closing bank accounts, and Intercompany settlements. Prepare JEs for Corporate Dividends, Interest, Realized/Unrealized Gains/Losses (MTM), Foreign Currency adjustments, Impairment losses write-offs Purchases & Disposals.

Create, Update, Maintained Continuity schedules and Audit Binders for month-end. And prepare SOX documents for High-Risk Balance Sheet items such as Cash, Investments and Unrealized gains.

Prepared Regulatory & Statistical Schedules for OSFI, SEC for Investments and Insurance. Assisting Premium, Commissions, Claims, Clearing, Reserves, Losses, Treaty, Ceded reconciliations for Insurance Financial Reporting. Perform Risk analysis based on internal and external credit ratings and key rations- GEARING, LOSS RATIOS, MCCSR, S&P, Internal & External Rating.

Also assisted in Premium tax calculations and various Management reporting Analysis for Investments and Insurance

L-1 Identity Solutions: Markham. MAY 2010 - AUG 2010

General Accountant- Contract: IFRS, U.S GAAP, CGAAP, SOX-

ORACLE Manufacturing, Visual, EXCEL (Multi-currency).

Responsible for the month-end close process, overseeing AP & AR, and producing U.S GAAP, CGAAP Financial Statements in Multi-currency. Preforming monthly Financial & Management reports, reconciliations, and analysis.

Maintaining Continuity schedules and Audit binders for Fixed Assets (PP&E), Bank, Bad debt Provisions, Accruals and Deferrals, and Intercompany. Oversee and supervise AP and AR. GST, PST tax calculations and submissions.

Updating Financial and Management Reporting modules. Preparing periodic reports and analysis for cost allocation by segment with a focus on business drivers. Reallocation of Cost centers to achieve cost reductions and prepare GL entries to reflect the reporting changes. Perform Monthly Performance, Variance and Trend Analysis.

AIG Insurance-North America: Toronto. JUL 2008 - FEB 2010

Intermediate Accountant: Capital Market - Contract-IAS 39-9, IFRS 7, 9, U. SGAAP. CGAAP

SAP, COGNOS, CRUSE, AGRESSO, EXCEL, BLOOMBERG, Excel. Investments &Segregated Funds/Mutual funds.

Responsible for producing Month-end close Reconciliations and Financial Reporting for Investments in U.S. GAAP, GAAP, IFRS 7, IAS 39 Financial Statements in multicurrency (USD, GBP, AUD, CAD). Notes provided for MD &A and Movements in Shareholders Equity. Investments include HFT, AFS, HFT Bonds & Equity, GIC, Mutual Funds, and Segregated Funds.

Extracting data from multiple Trading and Accounting systems to Excel to prepare monthly GL Reconciliations. Maintained Continuity schedules for Fixed Assets, Accruals, Prepaids, Intercompany, Corporate Dividends, Interest, Realized/Unrealized Gains/Losses (MTM), Foreign Currency adjustments, Impairment loss write off.

Reconciling Multiple Bank Accounts, Fund transfers, Goodwill, Suspense Accounts. Investment Purchases, Disposals, Withholding Tax on Shares & Intercompany settlements. Assisting with OSFI, SOX and other Regulatory & Statistical Schedules for Insurance and Investments. Maintained Audit Binders for Financial Statements, and deal with internal auditors during the month-end. Responsible for Credit Risk Analysis based on S&P 500, Internal & External rating. Assisting Risk analyses -MCCSR, LOSS, GEARING ratios and Statuary Reporting for Investments. Assisting internal and external auditors in preparing year end working papers. Recording audit adjustments and management fees.

CITI MASTER CARDS CANADA INC. TORONTO

ACCOUNTING ANALYST/SOX AUDITOR (SOX-404,409): - CONTRACT: PEOPLESOFT, AS/400, EXCEL. WORD, OUTLOOK

Involved in SOX-404,409 Auditing Procedure. Creating policy manual, documentation, process and workflow improvement. Worked as part of the KPMG team. Reviewed and tested Internal Controls & Accounting entries, Created JE upload templates for high-risk items, Established policy manual and procedures. Reporting to senior management and external auditors for approval. Assisted Month-end close, JE Upload, Running Trial Balance, quarries for various analyses and GL Mapping. Prepare BS/P&L Reconciliation, Interest Revenue Accruals based on billing cycle, Provisions (NRF), Interest accruals, Reward liability. Provision for allowable losses, Prepayments, and Intercompany and Intra division reconciliations allocation and Chargebacks. Maintained the Fixed Asset Continuity schedule for multiple locations.

DINERS CLUB: AS/400: Daily, weekly, Cash/Bank Payment Reconciliation & internal wire transfers, deposits and settlements.

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