Nael Yasin

Assistant ControllerFull Time

• Job Details:-Efficiently managed all areas of accounting for this fast-paced Manufacture, including financial statement preparation (Consolidated Between Canada, China and Turkey) -Monitor daily cash flow, bank balance and ensure timely transactions for all credit cards and wire transfers. -Preparing journal entries and adjustment entries for Multi currencies Swap and forward contract. -Completing account reconciliations. -Balance sheet Reconciliation -Review and approve Vendors/Suppliers payments. -Set the credit limit for the customers after discussing the customer creditability with EDC -Preparation of payroll and various payroll analysis reports -Provide support to the Accounts Receivable and Accounts Payable -Manage daily bank reconciliation and cash management. -Reconciliation of accounts and sub-ledger to general ledger -Review the customers aging report on a weekly basis and take the action if required for collection. -Review and approve the calculation of the ADP Payroll and ROE Process -Review and approve the Master List Leases. -Follow up with the Bank for Multi currency SWAP and Forward Contract. -Review and update the Leadsheets (AR, AP, Fixed Assets, LTD, Prepaid Expenses, Cash flow and equivalence, Banks, Other Assets..etc) -Oversee AR/AP/Payroll/Cash functions of Finance team -Applying and follow up of different government and provincial grants application ie MITACS, IRAP DTAP, SMART, NSERC and after the approval record it in ERP and complete all the reports required for compliance. -Assess the new customer credit and get the approval from EDC. -Audit employee expense reports - Liaison with external audit

Financial ControllerFull Time

• Job Details:-Efficiently managed all areas of accounting for this fast-paced company, including financial reporting, A/R, A/P, Fixed Assets, HST reporting, account reconciliations, and general accounting. - Created a flexible and robust Excel financial model to incorporate sales and promotional plans, incentive plans for the sales team, and product launch plans, consolidated into the corporate operating budget. -Accurately and efficiently completed quarterly analysis of general ledger accounts with accompanying recommendations to management. -Managed the preparation and analysis of financial statements, annual budgets, product costing, capital expenditure budgets, variance analysis, audit reviews, and bank reports. -Scheduled workloads for up to 6 staff and monitor their progress on various engagements. -Assisted in the development and implementation of new processes, as well as providing training to team members. -Review the trends for the accruals for spikes or valleys, which could indicate issues -Formulated the operational budget including product revenues and costs, overheads, and capital cost components. - Test the aging of the trial balance by selecting a sample of accounts receivables and tracing them to the original invoice/marker to ensure the aging is accurate in the trial balance - Review the inventory system support for the material inventory accounts and ensure the balances agree to the inventory balance -Prepared daily, weekly and monthly management reports for tracking cash flow and payment details. -Monitored all associated bank accounts for cash received, and applied payments appropriately. -Performed employee expense audits to ensure compliance with corporate travel expense policy and provided suggested resolutions. -Designed and implemented a comprehensive internal control framework -Developed and maintained positive and productive relationships with existing and potential clients. -Managed and directed the regular activities of the various accounting and finance teams in order to achieve our goals and objectives. -Monitored the workforce as necessary in order to maintain an efficient and profitable facility. -Managed all operations and financial issues including creating policies and procedures, improved financial controls and focus on cost effective operations. -Re-engineered internal operation methodologies and processes, instituted staff reductions and office management goals and objectives, and redesign operations controls. -Managed the preparation and analysis of financial statements, annual budgets, product costing, capital expenditure budgets, variance analysis, and bank reports. -Actively involved in pricing decisions and -Activity Based costing analysis. -Improved employee morale and performance through the introduction of systematic performance reviews, individual recognition and meaningful communication from management. -Saved approximately 22% of yearly T&E expense budget by initiating a corporate control system to eliminate the unauthorized use of corporate credit cards -Increased operational cash flow by 15% through improvements to A/R management and bad debt collections -Achieved the corporate goal of cost optimization by creation of an Activity-Based Cost capturing and reporting system, while enhancing the understanding of critical cost drivers

Financial ControllerFull Time

• Job Details:-Identifies organization's IT needs to meet financial data processing, control, and reporting requirements -Evaluate the control environment and determine the risk assessment or the probability of a loss occurring. -Accurately and efficiently prepared the monthly financial package, including Balance Sheet, Profit and Loss, and cash flow statements. -Developed financial analytical models to determine optimal levels of investment in new technology. -Efficiently developed and monitored department budgets to meet organizational and department goals. -Created new operational policies and procedures and implemented department wide best practices. -Led staff in implementing logical production and manufacturing processes, and regularly reviewed production scheduling to meet vendor and production goals and delivery standards. -Supervised production activities creating policies and procedures for quality assurance and cost effective operations. -Assists in reviews of financial and internal controls to determine whether such controls are adequate to meet management objectives and ensure the safeguarding of assets; recommends and implements security and system control procedures - Performs specialized financial or cost analyses e.g cash-flow analysis, what-if analysis -Worked closely with the senior management team in the integration of offices, technology and customers within the new corporate structure, focused on minimizing process downtime and developing competent solutions. -Instituted an innovative Inventory Management Report for use by sales, marketing, customer service and manufacturing operations. -Managed the development of financial models to analyze cost structures, forecast current year profitability, as well as updating the Long Range Plan. -Monitored monthly and quarterly results with a view to advise sales and production staff on revenue and profit maximization. -Researched and successfully implemented a lean manufacturing philosophy to continually minimize costs without impacting product quality or delivery times. -Obtained optimal operating efficiency through regular reviews and analysis of the business. -Determined the optimal organizational structure for all departments and clearly defined the individual function and responsibilities of all management/supervisory personnel under my direction and control -Increased operational cash flow by 27% through improvements to A/R management and bad debt collections -Significantly enhanced operational cash flow through improvements to A/R management and bad debt collections -Minimized staff turnover costs and revitalized the departmental culture through the application of recruitment, selection, and retention principles, including the redesign of the Performance Review forms