Montreal, Quebec, Canada
Portfolio Management - Financial Analysis Career that spanned across the USA and Canada has encompassed accounting, budgeting, financial analysis, and cross selling of capital investment products. Specialties: Translation of foreign currency Financial Statements and ensured their compliance with US-GAAP. Operating-Capital Expenditure Budget including funding levels and capital planning. International Capital Investment Experience and Management of Private Banking Portfolios.
Responsible for AR balance with GL, conduct monthly revenue and delinquency analyses and prepare monthly accruals including deferred/unearned revenues and expenses. Bank reconciliation and participate in the month-and-year-end closing process with the GL group. Prepare detailed annual operation plan including revenue projections derived from forecasts broken down by existing and potential clients.
Assisted in annual budget process including cost of sale and evaluated borrowing structures to ensure competitive funding costs. Inventory reconciliation, preparation of production reports, assisted in analysis of operating variances and reconciled fixed assets schedules. Worked with operation and purchase departments to streamline cost structure. Month end sub ledger close to GL, maintained standard cost tables (material/labor/work in process) and performed life cycle cost-benefit
Developed annual business plans to retain the existing clients and to identify potential prospects. Implemented wealth management strategies for 450 affluent individuals, with aggregate portfolios of $40MM in placements, which generated $2MM in annual revenues. Managed all aspects of the high-net worth clients’ portfolios including credit risk exposure (mortgages, home-equity loans, personal financing and regulations) and capital investment (mutual/pooled funds, RRSP, fixed-income securities, trust and fiduciary services).
Participated in the preparation of quarterly/year-end public reporting (10-K, 10-Q, 8-K forms), including M&A, related party transactions, purchase accounting. Assisted with complex accounting and financial reporting analyses including cash flow statement, changes in shareholders equity accounts and restructuring activities.
Analyzed the Canadian chartered banks fiscal policy and gamut of financial products available for small and medium size enterprises (SME). Interviewed senior executives of manufacturing companies, government (ACDI, EDC, SDI, CIDA) and chartered banks to analyze strengths and weaknesses of each entity. Compared Export Development Corporation-programs with those of OECD 5-major member countries (US/Japan/France/ Germany/UK) to cite improvements to the Canadian financing system.