Microsoft Dynamics GP, Financial Reporting, Analysis and Budgeting

MOHAMMED SHAHIDULLAH, CPA

*** – *** Timberbank Blvd Cells: 647-***-****

Scarborough, ON M1W 2M1 ********************@*****.***

SUMMARY OF SKILLS

Financial Reporting

Month- & Year-End Closing

Full Cycle Accounting

Financial Statements

Managed up to 6 Direct reports

Regulatory Compliance & Audit support

HST,WSIB & EHT Remittances & Returns

Profitability Analysis

IFRS, ASPE, US GAAP

Forecasting & Analysis, business planning

Budget & Variance analysis

Performance & Business Activity Reporting

Advanced Excel (IF functions, pivot table, V lookups)

ERP software, Dynamics GP, Bistrack

Financial Reporting software, FRx, MR

Tax prep software, Cantax, DT Max

Accounting system implementation

PROFESSIONAL EXPERIENCE

Accountant (GP Specialist) Sep 2019 – July 2023

Bernardi Building Supply Inc. (A privately held Construction Retail Company)

Toronto, Ontario, Canada

Led the transformation of manual accounting systems to Microsoft Dynamics GP 2018, prepared opening trial balance(TB), reconciled the key accounts, and posted the TB to the GP system)

Prepared and delivered post-transition financial statements.

Support GP-related issues and ensures the efficient use of GP applications

Prepared daily cash receipt reconciliation utilizing BIS TRACK software data import and Excel model

Maintaining General Ledger and preparing annual adjusting entries and assisting the closing process.

Prepared weekly payroll entries. Posting Bistrack transactions to the GP system.

Analyzed information and prepared other reports as requested by the management

Prepared monthly CAD and USD bank and other key Accounts reconciliation.

Accounting Analyst May 2019 – May 2019

WoodGreen Community Services (a not-for-profit organization)

Toronto, Ontario, Canada

Reports to Senior Manager of Accounting

Prepared year-closing adjusting entries utilizing Microsoft Dynamics GP

Reconciled various balance sheet accounts, Analyzed various financial information as requested

Prepared various schedules for auditors

Tax Professional Feb 2019 – April 2019

Simple Accounting & Tax Solutions Inc.

Toronto, Ontario, Canada

Reports to Director of Finance

Preparing Personal & Corporate Tax returns

Payroll management for the client

Filling HST/GST/EHT/WSIB Returns

Financial Analyst Jan 2018 – Jan 2019

Brains II Solutions Inc. IT Service Consolidation Company)

Markham, Ontario, Canada

Reports to Vice President (Operations) and supervised a team of two accountants

Prepared monthly financial statements utilizing Microsoft Dynamics GP financial reporting tool Management Reporter. Analyzed financial data, investigated reasons for the variance, suggested remedial action

Managed month-end closing process, reviewed and approved the monthly bank reconciliation

Supervised activities related to AP and AR and ensured monthly reconciliation, Prepared daily cash position report

Prepared and filed monthly and quarterly sales tax returns, Assisted corporate tax filings

Reviewed and posted monthly revenue recognition batch, Approved monthly adjusting journal including payroll journals

Responding to all financial inquiries for management and liaison with banks, auditors, and CRA

Financial Analyst, Feb 2017 – Sept 2017

Ontario Clean Water Agency (OCWA)

Ministry of Environment and Climate Change

Toronto, Ontario, Canada

Reports to Controller Finance and Corporate Services

Performed full-cycle accounting utilizing Microsoft Dynamics GP applications. Activities include but are not limited to, setting up projects, preparation of purchase orders (PO), journals, and billings, uploading and posting of timesheets, and receiving PO transactions.

Assisted OCWA’s budget tool (Vena) enhancement project, conducted surveys of operating management to determine the required enhancement for the budget tool, updated tasks, workflow, and report definition, testing the result of the update

Prepared monthly activity reports for the Engineering Division, analyzed financial transactions and reports, and submitted the results of the analysis to both operating and corporate management

Supported senior management in financial reporting and month-end closing process

Finance Manager, Nov 2002 – Dec 2015

Arabian Advanced Systems, Riyadh, Saudi Arabia

(Arabian Advanced Systems is a major IT company that generates $100 million in sales with 400 employees and provides library solutions and services to the major libraries in the Middle East and North Africa.)

Reports to the CEO managed a team of 6 qualified accountants including a Chief Accountant and is accountable for the following functions:

Financial Statement Preparation / Reporting / Supervision/Financial Services

Directed preparation of financial statements, business activity reports, and financial position forecasts and reports required by the regulatory agencies

Presented consolidated financial statements and reports monthly with comparative analysis

Supervised activities related to payments, bank reconciliation, funds movements, and payroll, monthly and annual closing activities to ensure that these processes be carried out in the right manner

Provided a wide range of financial services to the business units

Achieved monthly closing and reporting target within the first five working days of month-end

Budget and Forecast

Coordinated annual budget preparation based on the forecast submitted by the business units. Uploaded approved budget to Microsoft Dynamics GP via Excel data import application.

Analyzed variances and reported to the relevant level of management.

Prepared both short and long-term rolling cash forecasts for better cash management

Achieved overall budget variance within a 5% limit. Improved the company’s cash position by coordinating customer collections, extending supplier’s credits, and utilizing bank credit facilities

Financial Planning / Analysis / Forecasting

Assisted in strategic financial planning by preparing financial data, analysis, and projections, carrying out feasibility studies to assess the viability of proposed projects; advised on the potential acquisition. Helped company to avoid non-value-added projects; acquisition bid and accepts strategic projects. Assisted in the preparation and updating the corporate business planning

Accounting System Implementation/Project Management

Pioneered the implementation of Microsoft Dynamics – GP ERP systems including its financial reporting software FRx and Management Reporter

Implementation of the ERP software automated transactions and reporting; resulted in the savings of $100K in salary expenses

Led the company’s Equity Valuation and Due Diligence project

Performance and Profitability Reporting

Presented periodic performance reports of business units, projects profitability and progress, and product profitability statements. Helped the company to achieve its financial target.

Audit and Compliance

Arranged annual audits and implemented company policies and procedures to ensure proper internal control. Helped the company to submit the yearly regulatory report and corporate tax return within the time frame.

Negotiation / Staff Hiring

Negotiated and managed bank and other credit facilities, succeeded to increase the limit from SAR. 10 million to 52 million

Hired and trained people for the finance department. Hired five accountants and on average each stayed with the company for five-plus years

Management Accountant Jul 2000 – Oct 2002

Saudi Global Star Operations Company, Riyadh, Saudi Arabia

(A private Satellite Telecommunication Company)

Cost Accountant (Section Head) Mar 1996 – Jun 2000

National Factory for Air Conditioners Company, Riyadh, Saudi Arabia

(The company is a major manufacturer and exporter of Air conditioners in the Middle East.)

EDUCATION & MEMBERSHIP

CPA (Chartered Professional Accountant), CPA Ontario, Canada

CPA (Certified Public Accountant), New Hampshire State Board of Accountancy, USA

FCMA (Fellow Cost & Management Accountant), The Institute of Cost & Management Accountant of Bangladesh

Bachelor of Science, University of Rajshahi, Bangladesh

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