Hello,
I am Sharad
CPA Canada
CPA USA
CA India
Professional Skills
Experience
Senior Financial Analyst (Finance Business Partner),
Siemens Canada (Contract)
Become a Finance partner for 10 different Service Lines & 2 Business Lines with sales >5 countries and >10k billings and report to Senior Finance Manager.
• Mainly improved Financial Reporting, Periodical Closing, Budgeting, Forecasting (99% Accuracy vs. Actual), KPI Analysis, variance analysis, and Cash Flow Management from scratch due to the merger of Business.
• Developed and improved Monthly, Quarterly, and Annually financial review packages for management.
• Increased Price by 30% of major customers based on customer-wise detailed cost analysis & found missing billings.
• Analyzed Variance, KPI, detailed financial performance, Cash Flow Management, Balance sheet, Account Reconciliation, and Ad-hoc reporting using SAP and Excel.
• Improved Accounting and Finance operations for effective and timely reporting and created SOP for them.
• Led the Implementation of Semi-Automation Billing calculation from the manual calculation, which increased confidence level from 85% to 99.99% and reduced working hours from 48 hours to 4 hours using advanced Excel.
• Led in-house Implementation of Workday Adaptive for effective Budgeting, Forecasting, and actuals for effective management analysis & saved the cost of third-party consultation.
Manager (FP&A) (Finance Business Partner)
RDP Foam Industries Private Limited
Directly reported to CFO about financial functions while managing, leading, and inspiring a 5-member team of Accounting and Finance having revenue >100M, Capex >15M, 4 centralized warehouses, 13 Retail Stores, Dealers >500 using MARG ERP, and Excel.
- Lead Financial Planning and Analysis team, periodical financial reporting, detailed budgeting, forecasting, variance analysis, cost management, standard costing, inventory management, cost reporting, KPI Analysis, Project Budget & cost analysis, and scenario analysis on historical and projected business.
- Detailed annual budgets and variances, trend analysis, and revenue review for organization growth.
- Performed Finance & Strategy planning, in-depth revenue analysis, supply chain analysis, Cash Forecasts, Account Receivables (AR) analysis, and Account Payables (AP) analysis.
- Reduced sales by 20% sales return by allocating ownership of sales return to departmental heads and in-depth sales return analysis reporting implementation in a monthly reporting package.
- Increased 12% profit by effective ERP implementation, oversaw requirements gathering, collaborating team, user experience, design of Internal Controls, drafting, training, and User Acceptance testing.
- Best Manager Award 2019 from CEO for the best performance and effective implementation of ERP.
Accountant
Hirapara Kishor & Associates (Public Accounting Firm), India
• Managed bookkeeping, accounting and financial records processing, journal entries, general ledger, periodical closing process including adjusting journal entries and audit support.
• Worked with 14–members team to collectively manage financials and accounts for 2000–clients portfolio.
Sr Fin Analyst (Fin Busi. Partner)
LQ Consultants (Legal Firm), Toronto (Contract)
Played leadership role of supervising, motivating, and guiding a team of 3 members for full ownership of full-cycle Accounting, Financial Reporting, and financial operations of multi-countries operations and multi-currency transactions and reported directly to CFO.
- Oversaw Financial Planning and Analysis and Financial Reporting of Canadian and cross-border USA operations.
- Lead month-end close and year-end closing process. Manage ad-hoc audit and management reporting.
- Generated financial and business supporting reports & statistical reports. Overview of Payroll & tax remittance.
- Reduced Average Billing cycle by 9 days and average receivable by 15 days by effective implementation of SOP related to billing on a timely basis and better follow-up.
- Streamlined Accounting and Finance operations for effective and timely reporting.
- Implemented dynamic presentation using Power BI for better & effective decision-making for management.
Accounting Manager
Bipin Chandra Modi & Co. (Public Accounting Firm), India
Directly reported to Senior Partners and managed a diverse clientele of> 200, including manufacturing, SaaS, and service organizations, having a total turnover of $800M. Managed hiring & training of staff.
- Drove full-cycle accounting management and financial reporting as per IFRS and GAAP.
- Result Oriented Consultation for accounting and finance processes and complex transactions.
- Reduced 70% of clerical errors by Continuous Process Improvement of Accounting & Finance Operations through effective and efficient checklists and reviews.
- Best Performer Award for the best performance in terms of quality and quantity of services provided to clients.
Senior Financial Analyst
AV Terrace Bay, Fortune 500, Listed Group Company
Leverage leadership abilities to build, Manage, lead, and inspire 6 members of Finance & Accounting Team having revenue>250M, Sales >300,000 MT, Sales> 5 countries, Capex >40M, Budget >1 B and reported to Head of Finance.
• Mainly manage Full–cycle Accounting in CAD–USD, Monthly closing and Financial Reporting within tight timeframe,
Financial Planning and Analysis (FP&A), Budgeting, Forecasting, Financial Models, Analyze financial statements.
• Variance Analysis, KPI Analysis, financial performance analysis, Cash Flow Management, Inventory Analysis, Balance
sheet analysis, other financial data analysis, Strategic Planning, Payroll management using SAP and Excel.
• Business Planning, Optimum Resource Allocation, cash forecasting, Account Reconciliations using SAP and Excel.
• Streamlined Accounting and Finance operations for effective and timely reporting.
• Complied with Corporate Governance, SOX, asset safeguarding, and continuous process improvement.
• Filed GST/HST, statistics Canada reporting and result–oriented ad–hoc reporting for management decision–making.
Senior Accountant
Legal Quotient Consultants (Legal Firm), Canada (Work from Home)
Played leadership role to supervise, motivate, and guide a team of 3 members for full ownership of full cycle accounting, Financial Reporting and Financial operations of multi countries operations, multi–currency transactions and reported directly to CFO.
• Oversaw full–cycle accounting, Financial Planning and Analysis of Canadian and cross–border USA operations.
• Lead month–end close and year–end closing process. Manage ad–hoc audit and management reporting.
• Generated financial, and business supporting reports, & statistical reports. Overview of Payroll & tax remittance.
• Reduced Average Billing cycle by 9 days and average receivable by 15 days by effective implementation of SOP
related to billing on a timely basis and better follow–up.
• Implemented active presentation using Power BI for better & effective decision–making for senior management.
Finance Manager
RDP Foam Industries Private Limited, India
Directly reported to CFO about financial functions while managed, led, and inspired 5–member team of Accounting and Finance havingrevenue>100M,Capex >15M, Budget >500M, 4 centralized warehouses, 13 Retail Stores, Dealers
>500 using NetSuite, MARG ERP and Excel.
• Led full–cycle accounting, periodical financial reporting, detailed budgeting, forecasting, variance analysis,
inventory management, cost reporting, KPI Analysis, scenario analysis on historical and projected business.
• Analyzed results to ensure a strong understanding of key drivers behind annual budgets, and variances, trend
analysis, revenue review for organization growth.
• Performed Finance & Strategy planning, in–depth revenue analysis, Inventory management, supply chain analysis,
Cash Forecasts, Account Receivables (AR) analysis, and Account Payables (AP) analysis.
• Received recognition for reducing 20% sales return by allocating ownership of sales return to departmental heads
and in–depth sales return analysis reporting implementation in monthly reporting package.
• Increasing 12% profit by effective ERP implementation, oversaw requirements gathering, collaborating team, user
experience, design Internal Controls, training, and User Acceptance testing.
• Best Manager Award–2019 from CEO for the best performance and effective implementation of ERP.
Accounting Manager
Bipin Chandra Modi & Co. (Public Accounting Firm), India
Directly reported to Senior Partners and managed diverse clientele > 200 including manufacturing, SaaS, service organizations, having total turnover of $800M, Managed hiring & training of staff to achieve organization goals.
• Drove full–cycle accounting management and financial reporting as per IFRS, GAAP and other accounting standards.
• Result Oriented Consultation for accounting and finance processes and complex transactions.
• Reduced 70% of clerical errors by Continuous Process Improvement of Accounting & Finance Operations by
effective and efficient checklists and reviews.
• Best Performer Award for the best performance in terms of quality and quantity of services provided to clients.
Accountant
Hirapara Kishor & Associates (Public Accounting Firm), India
• Managed bookkeeping, accounting and financial records processing, journal entries, general ledger, periodical closing process including adjusting journal entries and audit support.
• Worked with 14–members team to collectively manage financials and accounts for 2000–clients portfolio.
Education
Highlights of Achievements:
- Led in-house Implementation of Workday Adaptive by Developing Reports, Configuration, and Cost Centre, Providing Training, SOP Preparation, Documentation, and exporting of complex reports for effective Budgeting, Forecasting, and actuals for effective management analysis & saved the cost of third-party consultation.
- Best Manager Award-2019 and Best Performer Award from two of previous employers for the best performance.
- Generated 15% profit increased by driving ERP implementation, oversaw requirements gathering, collaborating team, user experience, design Internal Controls, drafting, training, and User Acceptance testing.
- Continuous Process Improvement of Accounting & Finance Operations which reduced almost 20% of clerical errors.
- Implemented active presentation using Power BI for better and effective decision-making for senior management.
- Increased Cash Flow by 10% by implementing SOP related to billing on a timely basis and better follow-up of clients.
- Streamlined accounting& financial reporting functions. Generated comprehensive reporting packages; coordinated complex transactions, financial reviews, and audits.