Regional Finance Manager
Menzies Aviation (Canada) Ltd.
Total years of experience :18 years, 3 Months
Regional Finance Manager Aug 2023 - To Date
Accounting Manager Jan 2022 - Jul 2023
Sr.Accountant/Financial Analyst Apr 2018 - Dec 2021
Responsibilities:
• Manage and oversee the daily operations of the accounting department including accounts payable/receivable, cash receipts, payroll and expense transactions, fixed asset activity & reconciliations, cheque runs and aged debt analysis
• Managing a team of 6 accounting staffs
• Prepare bank reconciliations of various accounts (multicurrency)
• Prepare miscellaneous tax returns (GST/HST & PST, H&E Levy, EHT etc)
• Provide consistent compliance with accepted accounting principles and corporate governance
• Coordinate and complete annual audits
• Liaise with internal and external auditors as required
• Setting up bank wires and other payments as needed and coordinate with Bank for Performance Bonds.
• Preparing month end accruals and intercompany entries
• Interact regularly with various Station Managers to get the information for forecasting and resolving financial issues like credits to the customers or billing/invoicing them.
• Preparing Capital Investment Projects Requests for approvals.
• Forecasting Weekly/Monthly/Quarterly and Yearly Revenues, Labour and Opex.
• Analysing trends, costs, revenues, financial commitments & obligations incurred to predict future revenues and expenses
• Preparing, analysing, and controlling Annual Budgets.
Accomplishments
• Prepared templates to automate the Project Accounting & Reporting monthly by copy pasting the ledgers data in the same format and resulting in the required Reporting Format that saved time. Also Automated the ICO Transaction posting by preparing templates (including multi-currency transactions) on excel resulting in time saving during month end closing process with tight timeline.
• Initiated and lead the internal project to reduce the checks printing by getting EFT information from the vendors, verifying them separately and then switching them to EFT payment type that reduced the check printing by as much as 90% and is still ongoing.
(Wood Millwork Products used in Residential Construction) Controller
Responsibilities:
• Managed & Supervised Accounting department employees (A/P, A/R & Billing & Payroll clerks)
• Responsible for day-to-day supervision and leadership.
• Provide weekly/monthly A/R Aging report to Director by highlighting problem invoices and identifying issues.
• Managed a portfolio of customer accounts through the full cycle of credit including review of credit applications, credit limits, establishing new accounts and annual reviews.
• Prepared monthly sales commissions.
• Maintained the Charts of Accounts.
• Reconciled all corporate banking transactions, inter-company accounts, A/R, A/P and other GL accounts.
• Posted month end journal entries (prepaid, accruals, re-classes, corrections etc.).
• Prepared, Filed and Managed HST, WSIB, EHT and Realty Taxes.
• Completed the entries to the financial statements and worked with the audit team to assist them.
• Managed Auto and Property Insurance transactions.
• Assists the Director in preparing the Budgets.
• Prepare Financial Statements and analysis for the Director.
• Negotiated credit lines with the bank.
Accomplishments
• Implemented new accounting software (QuickBooks). Imported all data from Jonas to QuickBooks
• Initiated, lead and managed the process of litigation against default customers and attended the settlement conferences in small claims court as a representative of the plaintif resulted in recovering more than 2 years old default accounts of approximately $100K-200K
(Construction - having vast Portfolio of Commercial Projects) Manager Accounts
(Billing Services to Major Energy Producers in the country) Accountant