Charles Saleh, Senior Financial Analyst

Charles Saleh

Senior Financial Analyst

Dealer Solutions Mergers & Acquisitions

Location
Canada - Ontario
Education
Bachelor's degree, Accounting
Experience
14 years, 11 Months

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Work Experience

Total years of experience :14 years, 11 Months

Senior Financial Analyst at Dealer Solutions Mergers & Acquisitions
  • Canada - Ontario
  • My current job since May 2018

● Provide business valuation & deal advisory services for automotive dealerships and provide financial analysis & support for industry buyers/sellers.
● Analyze automotive dealership financial statements in-depth, and assess fiscal trends, analyze profit & loss factors, and contrast with corresponding markets.
● Investigate non-recurring items, perform forensic financial analysis & establish a normalized representation of earnings for entities, in order to provide a basis for valuation of the organizations.
● Manage 20+ sales representatives and attend dealer meetings in conjunction with reps for both client procurement & deal negotiations.
● Liaise with multiple industry experts for determination of brand value, dealer value in local markets, & earnings multiples.
● Construct and prepare multiple performance assessments including; pro-forma, upside, & forecasting analyses, in addition to benchmarking measures for key performance indicators.
● Collaborated in establishing key performance metric database for dealership operations across North America.

Key Accomplishment: Completed over 125 business valuations and provided deal advisory services in over $1 billion in transactions.

Principal at Saleh CPA
  • Canada - Ontario
  • My current job since March 2015

-Provide accounting & tax consulting services, bookkeeping, and business planning for individuals, entrepreneurs, families, and small businesses.
-Setup and implementation of accounting systems for small business, including QuickBooks & FreshBooks.
- Financial statement preparation, budgeting, forecasting, and financial planning engagements
- Tax filing and planning for individuals and businesses

Senior Financial Consultant at BENEFACT CONSULTING GROUP INC
  • Canada - Ontario
  • December 2016 to May 2018

• Provide corporate tax consulting & T2 return filing services to over 100 top technology organizations, including SR&ED costing and T661 claim preparation.
• Perform regular research and analysis of both Canadian & US Tax laws to ensure client compliance and advisory services.
• Lead the filing and coordination of taxpayer Objections & Appeals, including multiple Tax Court of Canada cases.
• Regularly perform in-depth review of client books & records, & consult with taxpayers to establish short, & long-term plans for R&D project funding as well as compliant record keeping.
• Consult with accounting staff of multiple organizations and assist in reconciliation of tax general ledger accounts.
• Regularly review client financial statements, general ledgers, payroll registers, T4’s and tax filings of clients, to ensure tax compliance & accuracy of costing & practices.
• Liaise & negotiate with CRA on behalf of clients; managing and coordinating tax audits - completed over 105 CRA audits.
• Coordinate with Technical team, to establish R&D costing, & prepare working papers in compliance with SR&ED tax law, for preparation of ITC claims across all Provinces.

Key Accomplishment: Currently manage over 100 client files, and served instrumentally in increasing after-audit SR&ED claim success rates by over 36% during 2017.

Corporate Accountanting Manager at THE MILLER GROUP INC
  • Canada - Ontario
  • February 2016 to December 2016

Coordinated with Project Managers to assess percentage of project completion, recognition of project revenues, and determine necessary budgeting adjustments.
•Performed monthly intercompany A/R and A/P reconciliations to determine and investigate balances between over 54 companies and over 2000 variations of transactions between the groups. Created highly advanced Excel worksheet displaying balances between each company and variations of invoiced amounts recognized.
•Coordinated with IT department in developing Dynamics GP macros, reducing vehicle lease data entry time from over 3 hours to less than 10 minutes per vendor.
•Retrieved over $40, 000 of charitable donations that were previously entered as vendor payments in error during 2015. Retroactively corrected donations via applicable journal entries providing added tax planning benefits for the corporation.
•Pioneered new inventory tracking system, recovering over 500 metric tonnes (

Accounting Manager at LINK PRODUCT SOLUTIONS LTD
  • Canada - Ontario
  • April 2015 to February 2016

Facilitated day-to-day journal entries and performed systematic bank reconciliations.
•Managed a financial team of 5, including: 2 Cost Coordinators, 1 Collections Coordinator, 1 A/R clerk, and an Accounting Administrator. Oversaw daily processing of checks, credit card payments, and deposits.
•Heavily participated in acquisition of Quebec-based corporation, including preparation of tax filings (HST, GST, and QST).
•Perpetually updated the cash receipts journal and reconciled A/R daily.
•Executed International wire transfers and prepayments to overseas vendors for merchandise.
•Lead product costing team in coordination with purchasing department in establishing product prices for maximum sales and revenue opportunities.
•Regularly prepared company financial statements in accordance with ASPE regulations, and completed borrowing base certificates in coordination with the bank for weekly funding requests. Calculated necessary debt procurement based upon weekly liabilities and expense projection.
•Managed financial team of 4 overseas, including A/P staff, an A/R clerk, and a bookkeeper.
•Purchased foreign exchange futures contracts and maintained both USD and RMB accounts, to minimize exchange rate losses.
•Responsible for all intercompany and “flow-through” transactions, performed regular account reconciliations and adjusting entries between the entities.

Key Accomplishment: Appointed as Controller of All Seasons Trading Ltd. in China, in addition to my duties as an Accounting Manager at Link Product Solutions Ltd. Managed a total of 12 direct reports within this role.

Operations Manager at TRANS-ONTARIO EXPRESS
  • Canada - Ontario
  • September 2014 to April 2015

Managed team of over 8 office employees, 15 warehouse employees, and domestic team of

Billing Analyst at TRANS-ONTARIO EXPRESS
  • Canada - Ontario
  • July 2012 to April 2015

Ensured timely and efficient processing of all invoicing within Canada and United States and maximized revenue opportunities, to achieve both quarterly & yearly revenue targets with the goal of decreasing payment collection times.
•Prepared month-end analysis and reports of customer invoicing and payment periods.
•Performed monthly reconciliations with A/R postings and bills of lading. Ensured billings encompassed all applicable costs for shipments.
•Initiated effort to retroactively correct over 220 shipment billings with missing charges (over $7, 000 in adjustments).
Key Accomplishment: Received commendation for improving invoice processing & remittance rate by over 200%, substantially increasing collected values.

A/R Coordinator at TRANS-ONTARIO EXPRESS
  • Canada - Ontario
  • June 2009 to July 2012

Prepared weekly, monthly, and quarterly financial statements; reporting billed, unbilled, paid, and unpaid invoices.
•Was responsible for receiving and applying customer payments against outstanding amounts.
•Followed up on past-due customers, and performed collection initiatives.
•Prepared monthly reconciliations with shipping departments, to ensure all shipments were billed.
•Reported on collections and billing reports for Sales and Shipping departments for customer-by-customer assessment and analysis.
•Administered daily bank deposits, and weekly bank reconciliations.

Key Accomplishment: Established intercompany transaction log between 4 sister companies, and implemented system within all locations to determine variances between booked transactions.

Education

Bachelor's degree, Accounting
  • at RYERSON UNIVERSITY
  • January 2018

Major in Accounting/Minor in Finance

Specialties & Skills

Accounting
Wealth Management
Finance
Management
Tax Consulting
ACCOUNTANCY
ACCOUNTING SYSTEMS
BANK RECONCILIATION
BILLING SYSTEMS
BOOKKEEPING
BUSINESS PLANS
FINANCIAL STATEMENTS
Deal Advisory
Business Valuations
Mergers & Acquisitions

Languages

English
Native Speaker
French
Intermediate
Arabic
Expert

Training and Certifications

Certified Public Accountant (CPA) (Certificate)
Date Attended:
May 2018
Certified in Entity & Intangible Valuations (CEIV) (Certificate)
Accredited in Business Valuation (ABV) (Certificate)
Series 7: General Securities Representative (Certificate)