Brampton, Ontario, Canada
At Zurn Elkay Water Solutions, my role as Sr. Financial Analyst encompasses overseeing financial closings, ensuring compliance with stringent deadlines, and delivering detailed financial variance analysis. With a CPA candidacy in progress, my expertise lies in financial analysis, budgeting, and fixed assets management, all pivotal in my current position. My approach combines meticulous attention to detail with a commitment to operational excellence, which has been instrumental in the precise elimination of intercompany discrepancies and the accurate preparation of tax provisions. By leveraging these core competencies, our team contributes to the organization's financial integrity and strategic decision-making processes.
• Responsible for monthly, Quarterly & Yearly financial closing of Zurn Elkay Canada Division. Which involves reviewing activities such as Payroll entries in ERP system, AP & AR, GL scrutiny, analysing all Income statement account to accrue for required expenses. • Adhere to strict month end and quarter end deadline (day 2) for financial close. • Review and accurately eliminate Interco differences during every month end close. • Review monthly GST/HST & QST returns, Payment, and online filing with CRA. • Calculating Income tax provision on monthly basis. • Providing walks and bridges, for variances against monthly forecast, Sequential, and previous year for all income statement accounts to be submitted to corporate office. • Preparing 3-month Cash forecast statement and present it to corporate office with detailed variance explanation. • Review month-end journal entries including lease accounting, accruals, depreciation & prepayments. • Review & approve weekly payments prepared by shared services team. • Calculating complex rebate accruals on monthly basis for entitled customers depending on their Plateau. • Review and approve GL reconciliations on monthly basis for all balance sheet accounts such as Deposits, prepayment, accrued expenses, fixed assets, Lease, Concur SAP expenses. • providing accurate support to external audit performed at corporate office. • Independently preparing the financial and inventory budget and forecast. Which involved analysing the past year numbers, taking consideration of the future event with involving the individual process owners. • Presenting monthly financials statements to higher management with variance explanation. Also presenting Quarterly results in town hall meeting to bigger audience. • Prepare year end income tax package to be submitted to Tax consultant for CRA filing. • Independently handled PI count for 6 Zurn locations across Canada.
• Assist in preparation of consolidated financial statements, and business performance reports on monthly basis to be presented to management. • Support in preparation of monthly GST/HST returns. • Presenting weekly Cash flow analysis, and forecasts to be presented to finance controller. • Prepare month-end journal entries including capital lease accounting, accruals, depreciation & prepayments. • Assist in monthly, quarterly, and annual closing by preparing GL reconciliations for major accounts like Deposits, prepayment, accrued expenses, and Fixed assets. • Lead the team supporting annual audit and assisted in preparation of audited financial statement. • Preparing annual budget and forecast. • Provide various ad-hoc financial reports to higher management for making prudent business decision. • Perform Accounts payable processes such as Invoicing (through PO), check run, reconciling supplier statements. • Carry out Accounts receivable process like billing, deposit processing, sending reminders to customers on outstanding balances. • Interacting with suppliers/customers on phone or emails on regular basis. • Supervising work of junior accountants by reviewing their entries before posting in financial system.
Oversee and direct general accounting functions including AR/AP, account reconciliation, and cash management. Administer final closing of books and prepare financial reporting pack that includes P&L statement, consolidated balance sheet, and cash flow statement. Perform profitability analysis, utilisation/chargeability metrics analysis, trend analysis, cash lockup analysis, work in hand analysis, and industry benchmark comparisons. Develop highly skilled accounting and financial management team to achieve established objectives. Prepare financial reports and present to Executive Committee and Board of Directors. Solely prepare financial policies and procedures, including financial budgeting, closing, reporting, and financial costing framework. Coordinate with CFO to prepare financial adhoc reports to present to Senior Management. Play integral role in monthly project review meetings with Project Managers and Regional Directors to validate the project ETC’s percentage of each project and accruing the project revenue and direct costs on monthly basis. • Acknowledged for heading and finalising yearly external audit for HO and all other regional offices. • Actively participated and contributed to the automation of finance functions to create business value with enhanced reporting mechanism. • Significantly contributed towards process re-engineering of finance functions including accounts payable and reporting functions.
• Prepared financial reports, developed budgets, and performed variance analysis in accordance with business plan. Compiled periodic financial reporting packages for senior management. • Conducted internal audits to ensure regulatory compliance and operational efficiency/accuracy. • Built and led teams in completing special projects. Verified, allocated, posted, and reconciled accounts payable and receivable. • Analyze trends in revenue, COGS, and other crucial elements of the income statement. Assembled cost analysis and cost projection. Produced error-free accounting reports and presented their results to both management and US government auditors. Analyze financial information and summarized financial status. • Independently finalized the books of accounts on monthly basis for group companies under agility and uploading financial numbers in to Oracle Hyperion Financial Systems for top management analysis. • Showcased expertise in preparing budgets for group companies. • Strengthened knowledge in specialized ERP (Deltek Costpoint) utilized by most US Government contractors for maintaining their book of accounts on a daily basis.