Arvinder Kalsi

Arvinder Kalsi Email and Phone Number

Financial Controller @ Argo Sales LP - A TerraVest Ind. @ Argo Sales
calgary, alberta, canada
Arvinder Kalsi's Location
Canada, Canada
Arvinder Kalsi's Contact Details

Arvinder Kalsi personal email

About Arvinder Kalsi

“I’m a finance and accounting professional with 10 years plus of experience in manufacturing industries like cement, garments, apparels, polyester filament yarns and service industries and trading organizations into hardcore machinery sales. I have worked on integrated campaigns for few clients for setup of their projects and viability studies during my tenure.”“Until recently, I was heading finance department as CFO for Denimach Ltd., an apparel manufacturing company specializing into Denim Bottom wears catering to GAP, Levis, Benetton, DMC, Gant, to name a few. In this role I was focused on Cash flows, Project Finance, Accounting, Banking, Logistics, Commercial, Administration. Successes included re-financing the project from off-shore and converting all local currency loans to off-shore funding.”“Colleagues and my superiors know me as a highly creative and analytical person who can always be trusted to come up with a new approach, and I never try to impose my ideas on others. Instead, I spend a lot of time understanding the situation, its complexity and the local regulations before suggesting ideas or options. I can (and often do) work well alone, but I’m at my best collaborating with others.”“I have an MBA from Indian School of Business Management, Bangalore and Masters in Commerce from Kanpur University. Also have CA Intermediate certification from ICAI, New Delhi.”“I’m currently freelancing while I pursue new opportunities and can be reached either through this profile or by phone at 403-605-4867.”

Arvinder Kalsi's Current Company Details
Argo Sales

Argo Sales

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Financial Controller @ Argo Sales LP - A TerraVest Ind.
calgary, alberta, canada
Website:
argosales.com
Employees:
39
Arvinder Kalsi Work Experience Details
  • Argo Sales
    Financial Controller
    Argo Sales Dec 2022 - Present
    Calgary, Alberta, Canada
    • Manage all accounting and financial functions for manufacturing facility with annual sales of $80M. Prepared forecasted revenue of $150M for the next financial year.• Developed improved business processes to provide greater transparency, more accurate reporting, and better identification of cost-saving opportunities. Managed all accounting, payroll, and financial reporting activities.• Maintained general ledger and chart of accounts, performed complex accounting functions such as account analysis, balance sheet reconciliation and preparation of monthly financial statements.• Developed annual operating budget and Capital Expenditures with YOY comparisons and monthly variance analysis against projected budget.• Created internal controls and safeguards for revenues, costs, budgets, and expenditures. Implemented SOPs for all accounting functions and collaborated with operational leaders to provide training on finance and accounting procedures.• Prepared and presented monthly operational reports to the executive team. Analyzed financial statements to provide strategic recommendations in support of business decisions.• Ensured compliance with reporting procedures and prepared monthly financial statements. Analyzed and presented financial reports and financial statements in an accurate and timely manner to the President & CEO. • Developed annual budget with monthly Actual vs. Budget variance analysis.• Produced financial reports and audit documentation to facilitate internal and external auditing.• Facilitated state sales tax audits and worked closely with external tax consultants.
  • Mookens Inc
    Accountant
    Mookens Inc Nov 2016 - Dec 2022
    Calgary, Alberta, Canada
    Accounting Services: Providing financial information to our clients in a timely and accurate manner, provide full range of cost-effective accounting services including the followings:• General Ledger & Financial Statement preparation• Bookkeeping• Accounting system setup for new business• Computerized payroll• Business tax return preparation• Personal Financial StatementsReview & Compilation: Provide constructive solutions for maximizing company’s profitability and optimizing efficiency • Review – some analytical procedures conducted with limited assurance.• Compilation – based upon client information provided and used primarily for internal use. Tax Services – Tax Planning & Returns for • Individuals, Corporations, Partnerships, LLCs/LLPs, NFPOs.
  • Denimach Ltd.,
    Group Cfo
    Denimach Ltd., May 2009 - Sep 2014
    • Oversaw group-wide Finance, Accounts and Cost functions including implementation and maintenance of strong internal controls and best practices. • Forecasted cash flows and MIS, prepared and resized annual budgets, with management approval.• Managed multiple entity structures including a substantial volume of intercompany transactions and complex ownership.• Oversaw performance of finance, accounting, stores, purchase and commercial staff in month, quarter, semi-annual and year-end close processes including: posting to GL, financial analysis and AR/AP.• Directed consolidated financial statements for residential division, including external SEC filings footnotes. • Audited joint venture financials including MD&A and applicable Bangladesh Accounting Standards / IFRS.• Completed Pre and Post cost analysis for merchandise costs for orders received, liaised with merchandisers increasing and optimizing margins.• Exhibited financial expertise in percentage of completion accounting and revenue recognition.• Led a team and key point of contact for creating annual budgets and quarterly forecasts.• Developed processes, policies and controls pertaining to accounting and reporting of the company’s growing business segment.• Organized reports on company’s deal statistics and financial operations on a monthly basis.• Directly reported to Stakeholders, attending periodical board meeting, providing case studies, expenses and profit analysis.• Handled USD $200m business for the group companies. • Refinanced the project from local currency loan to USD Offshore funding with an approval of Board of Investments (PMO) thereby saving 12% annual interest costs.• Restructured the loan for an extended period of 4 years to manage cash flows.• Managed working capital from Export Invoice Financing with an interest rate of 4.50% against negotiating @ 16.50%.• Attending Income Tax assessments cases for the group companies and completed assessments.
  • Tex India Enterprises
    General Manager
    Tex India Enterprises 2008 - 2009
    • Managed the accounting department to ensure deadlines and deliverables were met.• Implement and maintain strong internal controls, best practices and documentation to support financial transactions. • Developed the general ledger chart of accounts, project cost, forecasting, and budget analysis systems.• Directed a team that monitored all daily, monthly and annual accounting transactions including preparation and review of all Company financial statements and account reconciliations.• Conducted monthly entity financial review meetings with senior level management. • Maintained short and long term cash projections and coordinate forecasting, planning and budgeting efforts with the Finance department. • Served as primary liaison with tax accountants, external auditors or other third party service providers to execute audit preparation and achieve successful audit findings. • Maintained ownership of accounting systems including coordination of upgrades, implementation, conversions and reporting tools. • Ensured timely financial reporting, accurate account reconciliations, financial statement preparation, accounts payable and payroll processing including required filings and related benefits.
  • Fortune Garments Ltd.,
    General Manager
    Fortune Garments Ltd., Jul 2007 - Jul 2008
    • Steered initiatives towards achievement of organizational goals with chief responsibilities pertaining to Finance and Accounts functions, for over 500 employees. • Administered the entire accounts and finance operations.• Extensive experience in Statutory Compliance with Govt. Departments like Labour, Provident Fund, Excise, Customs, Income Tax, Sales Tax, Pollution and other Govt. Agencies and liaise with these departments periodically.• Compensation Management- salary review, market correction, fringe benefits and formulated annual budgets. • Introduced new quality standards as per the norms.• Streamlined the compensation and benefit structure by analyzing skill supply and demand and market value evaluation. • Introduced reforming employee relation activities that resulted in enhancing the motivational levels. • Organized weekly staff meetings to review targets, monitor budgets, sales taxes, and excise matters.• Generated MIS reports and profitability on a monthly and annual Financial Statements. Also tasks completed as assigned by the Managing Director.• Reviewed manufacturing automation, conducted viability studies, competitor trends and projected organizational requirements for sustainable growth. Implemented cost effective methods and financed project procurement to enhance productivity.
  • Magnum Solutions Pvt. Ltd.,
    General Manager
    Magnum Solutions Pvt. Ltd., May 1998 - Apr 2007
  • Anand Nishikawa Co. Ltd.
    Asst. Manager - F&A
    Anand Nishikawa Co. Ltd. 1997 - 1998
  • Gujarat Ambuja Cements Ltd.
    Accounts Officer
    Gujarat Ambuja Cements Ltd. 1995 - 1997
  • Raymond Synthetics
    Asst. Accounts Officer
    Raymond Synthetics 1992 - 1995

Arvinder Kalsi Skills

Business Planning Business Strategy Corporate Finance Strategic Financial Planning Financial Analysis Strategic Planning Budgets Accounting Finance Financial Modeling Team Management Target Costing Managerial Finance Forecasting Management Operations Management Sap Pricing Cash Flow Financial Reporting Mis Mergers And Acquisitions Internal Audit Erp Financial Planning Quickbooks Project Finance Treasury Management Erp Software Regulatory Compliance Erp Implementations Taxations Auditing Ifrs Tally Erp Cash Management Staff Supervision Simply Accounting Gaap Standards Negotiation Business Development Project Planning Leadership New Business Development Management Information Systems

Arvinder Kalsi Education Details

Frequently Asked Questions about Arvinder Kalsi

What company does Arvinder Kalsi work for?

Arvinder Kalsi works for Argo Sales

What is Arvinder Kalsi's role at the current company?

Arvinder Kalsi's current role is Financial Controller @ Argo Sales LP - A TerraVest Ind..

What is Arvinder Kalsi's email address?

Arvinder Kalsi's email address is ar****@****ail.com

What schools did Arvinder Kalsi attend?

Arvinder Kalsi attended Chartered Professional Accountants Of Canada (Cpa Canada), Canadian Payroll Association, Isbm, Bangalore, Kanpur University, Kendriya Vidyalaya, Chartered Professional Accountants Of Canada (Cpa Canada).

What skills is Arvinder Kalsi known for?

Arvinder Kalsi has skills like Business Planning, Business Strategy, Corporate Finance, Strategic Financial Planning, Financial Analysis, Strategic Planning, Budgets, Accounting, Finance, Financial Modeling, Team Management, Target Costing.

Who are Arvinder Kalsi's colleagues?

Arvinder Kalsi's colleagues are Kevin Kluthe, Mike Wood, Yuri Bouldakov, Amelia Liu, Curtis Pfeil, Korbin Hobson, Robert Peters.

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