Badar Mahmood Rana, Cpa, Cma Email & Phone Number

Toronto, ON, CA

Toronto, Canada Area

• Established the accounting department according to regulatory, legal, taxation, and statutory annual reporting requirements as per ASPE.
• Streamlined processes and successfully reduced the year-end closing and reporting to one month, down from three.
• Prepare yearly budget, revenue, and cost estimations; set performance targets and develop long-term strategic plans.
• Liaising with external auditors for compliance, annual corporate tax, and HST filing.
• Preparing cost analysis reports optimizing the profitability of existing and new projects.
• Forecast short- and long-term cash requirements to optimize liquidity while maximizing the return on excess cash to cover commitments and working capital needs.

Toronto, Canada Area

• Responsible for all accounting functions, including planning, establishing, and supervising the financial and accounting structure of the company by following the regulatory requirement of ASPE, legal requirements.
• Implemented profitability analysis process and project costing for all projects to optimize the profitability of existing projects; also facilitated the estimation department for pricing new projects.
• In charge of strategic planning and budgeting for the company, including preparing cash flow projections and rolling-cash-forecast by analyzing expected receipts and payments.
• Reviewed the company's financial performance for monthly, quarterly and annual trends versus yearly budgets; then prepared comprehensive reports for variance analysis and corrective actions.
• Performed and completed month-end accounting procedures, revenue recognition, conducted balance sheet reconciliations, reviewed journal entries, general ledger account reconciliation, consolidation, and analysis.
• Submitted payment of all government remittances on time, including payroll remittances, WSIB, Employer Health Tax, Harmonized Sales Tax, and Ironworker Union dues.

Toronto, Canada Area

• Responsible for full-cycle accounting functions including yearly reporting as per ASPE, HST filing, and WSIB filing.
• Coordinated with external consultants from the Business Development Bank of Canada (BDC) for business process analysis and continues improvements of business processes.
• Managed the vendor payment process, which includes the review and approval of the vendor's payment selection report for processing of cheques and employee EFT payments.
• Conducted a thorough investigation of 1,600 incorrectly tracked assets and implemented a proper asset register.
• Transformed the company’s complicated financial recordkeeping associated with assets, into a clean and comprehensive system.

Toronto, Canada Area

• (Jan. 2012 to Mar. 2014) & (Jun. 2015 to Feb. 2016)
• Provided solutions to clients on current business and financial standing, plan and execute the audit of financial statements as well as acted as the lead member of an audit engagement team.
• Assisted with research and responded to consultations, queries, and requests for accounting advice.
• Planned, organized, and completed audits, review engagements, and compilations (NTR); as well as prepared all planning documents, scheduling, and leading planning meetings.
• Dedicated controllership duties for various clients, including period-end closing, reviewing journal entries, balance sheet reconciliations, financial analysis, consolidations, and statutory reporting.
• Prepared business plans for clients to establish new businesses; completing documents to obtain new and growth loans from financial institutions.

Senegal/UAE/Pakistan

• Responsible for overall accounts and budgeting department functions for the company, guided by principles of generally accepted accounting principles, IFRS, and quality principles of the parent company.
• Prepared monthly and yearly reports, which including consolidating income statements, balance sheets, schedules, and cash flow statements of all subsidiaries.
• Liaison with internal and external auditors during audits, including preparation of schedules, reconciliation of accounts, and answered to audit queries.
• Convened monthly management team meetings and presentations to the VPs and members for the performance of the company, variance analyses, cash flow situation, and profitability analysis reports (COPA-SAP).
• Ensured that contract specific assignments (contract reviews, hedging, index adjustments, price escalations, currency clause issues) are carried out.
• Provided expertise as a subject matter specialist for internal reporting, cost follow-up, project cost calculation, and budgeting.

Chartered Professional Accountant (Cpa)

Activities and Societies: Accounting

Certified Management Accounting (Cma)

Activities and Societies: Accounting

Cost & Management Accountant (Cma)

Activities and Societies: Accounting