Financial Analyst Senior

SUBHASISH DE ROY

Email: *****.*******@*****.***

Phone# 647-***-**** Status: Permanent Resident of Canada

Career Highlight

More than 10 yrs hands-on experience in US and Canadian companies and clients in handling General Ledger activities like Posting Journal entries (Standard and Accruals), Reconciliations (Bank accounts, Accounts Payables and Receivables, Inter-company accounts and other Balance sheet accounts), Financial Analysis, Invoicing, Intercompany, Costs and Inventory Accounting, Taxes, Audits, Payroll, Taxation, Maintain Accounting Standards, Maintaining SOP’s.

Education

MBA (Finance) Assam University Silchar India

B.Com (Accounting) G. C College Silchar India

Higher Secondary G.C. College Silchar India

Software skill

Advanced computer applications; Good working knowledge in SAP, Quickbooks, PowerBI, Workday, Peoplesoft, Salesforce, Tableau, Sharepoint, and other Computer systems in financial accounting management; Good working Knowledge in Advanced Microsoft Office (Word / Excel / Access /Macros/PowerPoint/ Power Qwery,VBA Macros) & Internet Explorer.

Work Experience

May 2023 – Till Date: SRX Health Solutions, Toronto as a Senior Financial Analyst

Role Profile:

Monthly and quarterly journals, reclass entries, accruals, recurring, allocations, balance sheet and bank reconciliations, allocations, adjustments, invoicing, cash flow tasks, fund accounting, weekly calls, presentations, entries for the closure of funds, follow ups with required teams and provide support to other team members as per backup plans.

Comparing budget and actual, analysis (monthly/quarterly/yearly) of market conditions, financial data and assist in preparation of budgeting reports and forecasting and maintain financial models.

Preparing monthly scorecards and provide details on variances or items of legal entities.

Calculation and posting for Income tax, VAT, GST/HST/PST/VAT and filling in CRA website.

Working to finalize monthly management reports, conduct variance analysis, and pinpoint risks and opportunities to guide senior leadership in decision-making.

Prepare cash flow budgets and forecasts and schedules for financial KPI reporting and year end roll over task and data analysis based on operating metrics/financial modules.

Providing training and support to the team for achieving new product launches and sales, preparing budgets, project monitoring on special projects, cash management, preparing corporate tax returns, performance management and process improvements and preparing monthly schedules, execute cost-saving strategies for company benefits, profit enhancement and implementation of ideas.

Provide explanation for the variances between actual versus budget, information analysis and preparing reports on variance analysis, working on special projects, working on various financial data and analysis, business strategies, preparing dashboards, supporting in implementing of strategic initiatives, risks, training new team members/users on document updates/changes, providing notes/comments on balance sheet items and continuous follow ups.

Posting payroll entries on biweekly basis and performing adhoc requests and assist on development of controls for further processing and monitoring EFT payments.

Assist in internal and external annual audit process and comply as per IFRS standards and ensure the correct application of accounting policies, new acquisitions and profitability, update SOP’s/documents time to time, debt agreements, and auditor recommendations.

Performing and assisting in preparation of financial statements lease accounting and activities for process improvement, maintain project documentation, revenue recognition.

Supporting the process for internal and external audits, maintain cordial relationships with internal and external stakeholders, working together with other internal/external teams to gather relevant data for financial modeling, working on commodity tax returns and maintain capital assets sub ledger.

Assist in preparing monthly financial statements based on analysis and commentary on month financial statements and analytical support across all accounts and variance analysis, new product launches, decisions on pricing, adhoc analysis and reports, and suggest ideas for improvement.

July. 2018 – May 2023: The Dufresne Group, Winnipeg as a Financial/Accounting Analyst

Role Profile:

Posting necessary adjustments and re-class, write-offs, allocations, royalty accrual entries as on when required by the client and for the reconciling items found open while reconciling the accounts, working on financial models and analyze differences between the intercompany and coordinating with them to get these cleared for US and Canadian entities..

Working on revenues management, maintaining standard costs, business laws, and regulations and posting revenues in records. Posting payroll entries on weekly basis, performing adhoc requests and assist AR team and aging report.

Working on Profit & Loss (P&L) statements, which impacts revenue, gross profit percentage, cost of goods sold (COGS), supply chain management, mortgage renewal and continuity reports. Monitor and report on team productivity, supply chain and workload to the Manager/Senior Manager on a weekly basis.

Preparing bank reconciliations and balance sheet account reconciliations.

Perform review of invoices to ensure that the financial data has been entered correctly and recorded to the correct accounts, working on calculations related to outstanding debts and supporting in preparing the yearly reports, underwriting details, assessing profitability and ROI analysis, preparing dashboards, market research, royalty statements as per agreements, including data analysis and adjustments which effects on decision metrics.

Processing activities in compliance with financial policies and procedures, preparing financial statements, managing forecasted cash flows, foreign exchange (FX) revaluation, financial modeling, scorecard development, working with required partners to identify cost-saving opportunities, debt refinancing on investments and submitting reports to the management as part of financial analysis and reporting as per SOX and GAAP principles and standards.

Performing reporting activities after month end and quarter end closes, purchase price variances, and inventory revaluation of raw material and finished goods.

Following up the concerned teams and related banks on un-reconciled balances for different accounts via emails or calls, analytical support as needed and financial modeling for taking investment decisions.

Working on inventory control and management and effective usage of financial systems on process improvement, stock compensation, review KPI’s and automations based on projects performance.

Performing entries for adjustments, providing reports to stores and distribution team, follow up to resolve identified discrepancies with internal teams, contractors, and stakeholders, collaborations with cross functional teams.

Support the ongoing enhancement of budgeting, financial forecasting, operating plans, CAPEX and financial modeling tools, cashflow forecast, supporting on different projects, and performance monitoring reports for mergers and acquisitions.

Nov. 2015 – June 2018: CAPGEMINI, Bangalore, India as Accouting Analyst

Role Profile:

Worked for sundry invoice posting, monthly and quarterly journals and re-class entries, AP/AR reconciliations, providing invoices to intercompany customers, setting up weekly calls with clients followed up with customers on the payment process via emails.

Worked for GBS reconciliation, preparation of foreign exchange (FX) spools report for different entities and contribute to various User Acceptance Testing (UAT) initiatives related to internal accounting.

Also verified that transactions are recorded into correct customer ledger and general ledger.

Used support central tool and posting the journal related to vendor and customer. Preparation of variance tracker between operating companies.

Prepared Monthly Service Level Agreement’s (SLA’s) and posting interest entries on monthly basis.

Prepared Standard Operating Procedures (SOP) for all the R2R activities and got it approved by the client phase in order to ensure adherence of the policy on documentation.

Provided slides presentation on the variances between budget plan and actual, evaluate client needs and recommend suitable insurance products and updating LE’s in the forecast tool on quarterly basis

Assisted in developing acquisition integration presentations for internal stakeholders, offering strategic insights, material payments and support during the integration process and proving strong relationships to deliver customized solutions.

Performed detailed month end financial analysis, SWOT analysis, achieves sales goals, including coding invoices.

Prepare monthly sales and operating expense (OPEX) forecasts, collaborating with business unit leaders and department managers for in-depth reviews.

Preparing monthly financial statements based on analysis and commentary on month financial statements, looking for project issues and support the overall growth of the business and resolve issues related to administrative tasks.

Performed balance sheet account reconciliations, provide information between teams, contractors, and stakeholders, and account adjustments and analysis.

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