Senior Partner
EZTAX.CA
مجموع سنوات الخبرة :35 years, 0 أشهر
Achievements:
◘ Serving as tax accounting expert supporting US Tax Planning, Compliance, and Country Controllership regarding income tax accounting issues
◘ As a senior manager with an emphasis in tax, playing leading role in providing clients with proactive tax planning, compliance and research services, within service-based niches
◘ Managing all aspects of accounting for tax effects of global business combinations, post-acquisition integration and divestitures
◘ Supervising & managing all phases of the work and have the primary relationship with many clients
◘ Provide leadership, supervision, training and feedback to staff and senior accountants
◘ As a senior member of team, participate in growth of the firm through relationships with clients and other centers of influence in the community, and by developing and maintaining visibility as a thought leader and subject matter expert
Achievements:
◘ Instrumental in fixed cost reduction by up to 20%, achieved through reduction in payroll, real estate and expense control
◘ Improved cash flow by over $1.2M by improved collection cycle from average 65 days to 26 days
◘ Renegotiated favorable terms of term loan and revamped contract process and terms with trainers, experts and contractors
◘ Achieved regulatory compliance towards corporate affairs, IRS, State & Federal laws and external audit
◘ Based on the directions from CEO, developed, implemented and monitored Company’s business plans, KPIs, budgets and objectives; Enhanced financial reporting process to provide timely, accurate, consistent, dependable and measurable reports to stakeholders that included insight, analysis, forecasting and comments on Company’s performance
◘ Acted as an escalation point for all the accounting and financial matters and formulated appropriate financial policies in line with international standards and best practice to protect the Company’s interests
◘ Ensured the maintenance of accurate and updated records & accounts of all internal and external financial transactions relating to assets, liabilities, capital, income, expenditure and reserves including Special and Trust Funds
◘ Liaised with legal counsel and successfully won litigation by and against the company in four key lawsuits on copyright infringements
◘ Introduced process innovation and professional development of the teams for increasing efficiencies through quality assurance and improvement programs in line with best practice in the industry and to ensured that teams continuously improve their contributions through new ideas and improved output
Achievements while reported directly to CEO:
◘ Instrumental in defining vision, mission, investment criteria, policies & procedures and strategic business plan
◘ Established deal-flow pipeline in MENA region, South East Asia, India and Pakistan to consider selected opportunities meeting the defined investment criteria
◘ Provided leadership to private equity, accounting, financial planning, compensation, risk management, budgeting and tax planning functions for the Company's business operations in 8 countries and multiple locations
◘ Made private equity investments of over $250M directly and through company owned country focused investment funds
◘ Achieved 22% IRR on private equity investment portfolio through value addition and value creation
◘ Managed relationships with private investors/ fund managers and raised $60M investment funds
◘ Developed financial models, structured deals, performed valuation, carried-out due diligence of target companies and engaged 3rd party consultants for various engagements. Assisted in negotiating final valuation and terms & conditions with target companies; arranged financing and acquired BOD approvals
◘ Reported on valuation of the investment portfolio; performed analytical review of the financial statements, budget vs. actual results; and advised on accounting treatment of significant transactions including provision requirements and investment gains
Achievements while reported directly to VP of Finance:
◘ At subsidiary level, reduced costs over $10M through optimizing inventories, shortening cash cycle and innovative financing
◘ Instrumental in improving operating profit from $45M to $62M by cost reduction achieved through global sourcing initiatives, facilities management and unleashing the trapped profitability
◘ Reduced product write-offs by $6M through development of demand forecast procedures, adoption of just-in-time inventory methodology and negotiations with sales channel, which also improved cash cycle, inventory turns and warehousing costs
◘ Successfully led month-end close procedures for 12 quarters of over $600M p.a. business by approving general entries and accruals; general ledger account reconciliations; carried-out financial statements review process including CFO certification
◘ Coordinated USA, Canada tax return filings and managed compliance with Sarbanes Oxley and SEC Financial Reporting; strengthened internal control; and coordinated internal and external audits
◘ Carried-out customer billing audit project using risk based audit methodology and recovered $15M p.a. sustainable revenue
◘ Participated in due diligence process and subsequent integration of company’s four new acquisitions valued at $250M
Achievements:
◘ Established the Advisory Practice and grew professional services revenue to over $2M p.a.
◘ Advised corporate clients on private placements, feasibility studies, business plans, valuations and right share issues.
◘ Turned-around $100M manufacturing plant, acquired from government of Kuwait, and achieved 35% IRR
Achievements:
◘ Instrumental in outperforming the sector average by 4% and achieved 18% IRR on $240M Investment Portfolio.
◘ Recommended an aggregate of $850M investment in 8 transactions and coordinated 6 investment exits.
◘ Supported the management team to established 4 investment funds with aggregate value above $700M.
Achievements:
◘ Contributed in reducing cycle time of monthly financial statements from 15 to 5 days of a $25M subsidiary of Nissan Motor Co.
◘ Ensured maintenance of accurate and updated records & accounts of all internal and external financial transactions relating to assets, liabilities, capital, income, expenditure and reserves including employee provident fund. Performed month-end financial closings; prepared journal entries, performed variance analysis and developed financial reports.
◘ Performed reconciliations of all major intercompany accounts, receivables, payables, advances from dealers and standard cost accounting activities to derive cost of manufacturing of vehicles
MBA from London Business School, Europe's Top Business School.
Certified IT Auditor
Certified Public Accountant
Bachelor's of Commerce Degree