Michael Chan Email & Phone Number

Surrey, Bc

• Performed variance analysis on intercompany balances, ensuring completeness and accuracy of transactions. Obtained management commentary for external accountant to complete compilation and review engagements. Users of the financials were institutions who verified the financial ability for the company to repay existing loans.• Took ownership of monthly GST returns to CRA by validating the sales revenue, GST payable, and GST ITC working papers resulting in timely submission.• Researched… Show more • Performed variance analysis on intercompany balances, ensuring completeness and accuracy of transactions. Obtained management commentary for external accountant to complete compilation and review engagements. Users of the financials were institutions who verified the financial ability for the company to repay existing loans.• Took ownership of monthly GST returns to CRA by validating the sales revenue, GST payable, and GST ITC working papers resulting in timely submission.• Researched ASPE accounting standards to determine whether invoices should be capitalized or expensed and ensured invoices were accurately coded to the appropriate GL accounts. Show less

Vancouver, Bc

• Prepared and completed monthly bank reconciliation for 8 bank accounts. Ensured variances were identified and adjusted in our system. At the same time, verified cheques clearing the bank and ensuring construction funding was received on time to pay for subtrades work.• Performed budget updates for 2 projects following the project manager’s request ensuring accuracy and keeping track of the project’s budget. • Facilitated approvals for 300 invoices to ensure that invoices were included… Show more • Prepared and completed monthly bank reconciliation for 8 bank accounts. Ensured variances were identified and adjusted in our system. At the same time, verified cheques clearing the bank and ensuring construction funding was received on time to pay for subtrades work.• Performed budget updates for 2 projects following the project manager’s request ensuring accuracy and keeping track of the project’s budget. • Facilitated approvals for 300 invoices to ensure that invoices were included in the appropriate cheque run. • Produced month end accounting reports for senior management to ensure that job costs match with work in process GL and trial balance ties in with cash balance, GST ITC, and retainage holdback. Show less

Vancouver, Canada Area

• Lead in the review process of statement of adjustment for 113 homes with total sales of $105M in the BC. Actively engaged with external legal counsel and internal sales team to ensure all closings were completed on time and accurately.• Assisted in process improvement of a new digital approval process saving 800 hours resulting in an expeditious payment process. With the process fully digitalized, this also saved on paper and printing costs which translated to meeting environmental and… Show more • Lead in the review process of statement of adjustment for 113 homes with total sales of $105M in the BC. Actively engaged with external legal counsel and internal sales team to ensure all closings were completed on time and accurately.• Assisted in process improvement of a new digital approval process saving 800 hours resulting in an expeditious payment process. With the process fully digitalized, this also saved on paper and printing costs which translated to meeting environmental and profitability objectives.• Prepared monthly schedules for over $5B real estate portfolio explaining what costs have been spent to date, performed variance analysis of actual costs versus budget and effectively communicated to project managers when they were close to spending their budget. • Designed and developed a sales commission process for a sales portfolio of $950M to improve the accuracy and timeliness of payments to the sales team. Show less

Delta, Bc

• Initiated purchase orders for vendors who called in to reserve furniture pieces. Once goods were delivered or picked up, created invoices, and emailed statement for vendor.• Prepared bank reconciliation for management to ensure that any differences between bank balance and cash can be explained.• Discussed options with management to outsource payroll to automate process instead of performing manual calculations like CPP, EI. Managed implementation of outsourcing payroll system to a… Show more • Initiated purchase orders for vendors who called in to reserve furniture pieces. Once goods were delivered or picked up, created invoices, and emailed statement for vendor.• Prepared bank reconciliation for management to ensure that any differences between bank balance and cash can be explained.• Discussed options with management to outsource payroll to automate process instead of performing manual calculations like CPP, EI. Managed implementation of outsourcing payroll system to a third party. Show less

8955 176 Street Surrey, Bc

• Replenished appropriate levels of inventory in store, while ensuring that quality control was maintained. • Exhibited excellent customer service skills by greeting customers as they walked into the store and provided thoughtful insight on questions they had.• Analyzed pricing of products based on warehouse costs and consumer demand. Ensured each product generated above break-even.

Richmond, Bc

• Processed vendor invoices from large hotel branches, restaurants, and attractions. While reconciling against signed commitments from the reservations department to ensure invoices were charged accurately at the agreed rates per party.• Efficient time management with invoices paid within 30 days upon receipt on a monthly basis. • Prepared lead sheets accurately for auditors and management to evaluate and make decisions. • Reconciled general ledger and accounts payable subsidiary… Show more • Processed vendor invoices from large hotel branches, restaurants, and attractions. While reconciling against signed commitments from the reservations department to ensure invoices were charged accurately at the agreed rates per party.• Efficient time management with invoices paid within 30 days upon receipt on a monthly basis. • Prepared lead sheets accurately for auditors and management to evaluate and make decisions. • Reconciled general ledger and accounts payable subsidiary ledger to trial balance to ensure there is no discrepancies. Show less

Bachelor'S Of Technology In Accounting, Accounting

Diploma Of Technology - Financial Management Professional Accounting Option, Accounting

Accounting And Finance

Enrolled in CPA PEP program completed May 2021 CFE. Expected completion 2021.