Elaine Chan Email & Phone Number

Toronto, Canada Area

Representing Canada for Core Finance function in the on-going SAP system upgrade and improvementManaging a team of 4-6 staff• Act as Canadian representative in Deloitte Global Core Finance systems and procedures meetings• Spearheading technology upgrades and innovation for finance teams, including automation of intercompany billing, settlement, and consolidation• Lead testing initiatives and approve results for system and operational changes• Collaborate with interdisciplinary teams, including Controllership, Accounts Payables, Capital Assets Management, Treasury, Security and Control, and Technology Teams, to test and implement system improvements• Identify and escalate risks to senior leadership, providing actionable mitigation recommendations

Nashville, Tennessee, United States

Leading the Consolidation Team in the Global SAP project• Led the consolidation team for Deloitte’s Global SAP implementation project in Nashville, Tennessee• Began as the Canadian RTR and ALM business lead before being promoted to Global Consolidation business lead upon the addition of the UK and Australia member firms• Organized and hosted consolidation workshops for US, Canada, UK, and Australia finance team leaders• Analyzed consolidation requirements from four member firms to integrate into a single SAP system instance• Developed and secured approval for the global financial period-end and year-end consolidation process• Managed an offshore team of 5+ members to successfully develop S4 HANA programs and Analysis for Office reports

Toronto, Ontario, Canada

Managed a team of 11 staff responsible for corporate accounting, reporting and analysis of the Firm• Centralized, standardized, and documented period-end and year-end closing procedures across Canada• Provided strategic recommendations and proposed accounting treatments for mergers and acquisitions• Reorganized and optimized staff responsibilities, resulting in improved team efficiency and productivity

Toronto, Canada Area

Supervised a team of 5-6 staff responsible for accounting, internal/external reporting, audits, and regulatory compliance• Consolidated period-end procedures for merged hospitals, ensuring standardization with new SAP system• Automated and enhanced financial and forecast reports, incorporating variance analysis to improve decision-making

Toronto, Canada Area

Recruited and led a team of 4 staff supporting cross-functional capital projects and capital assets of the company• Successfully implemented SAP Project System to automate time tracking and budget control• Resolved audit issues in one year and repatriated all fixed asset processes from an outsourcing vendor to the head office• Hosted Investment Committee meetings with C-suite and portfolio managers to review and approve capital projects• Completed CAPEX Planning lifecycles on schedule, delivering detailed analysis to Finance and IS teams• Led outsourcing of project support and fixed asset operations to India, reducing labour costs by 40%• Received two awards for exceptional performance in simplifying financial processes while enhancing controls.

Toronto, Canada Area

Managed an accounting team of 4 to 6 staff responsible for accounting operations, consolidation, periodic reporting and analytical review of multiple business units in North America.• Implemented IFRS (International Financial Reporting Standards) in our monthly reporting to UK from UK GAAP.• Successfully converted accounting system from Platinum to SAP and delivered training to users.• Provided advice on accounting related issues for management in the UK and North America.• Liaised with business unit contacts, effectively improving management awareness of operating issues.• Successfully handled change management issues during staff turnovers and organizational changes.• Recognized by senior parent company management in the UK for completing interim and annual audits, achieving significant improvement in both reporting timeliness and quality.

Toronto, Canada Area

• Reviewed and validated gas margin reports by regions and strategies.• Analyzed gas margin trend and variances with recommendations• Prepared and analyzed gas and electricity sales accrual reports based on various margin forecasts, customer numbers and hedging reports from operation and marketing colleagues.• Validated monthly board report, examined and explained variances in the Canadian markets.Achievements:• Designed the Revenue Recognition Model under Gas Consumption Basis.• Organized and implemented the month-end operation schedule for Canadian operations.• Provided deal cost analysis on various M&A projects.

Toronto, Canada Area

• Responsible for the period-end financial reporting packages and preparation of Board presentations.• Designed period-end closure procedures and liaised with various departments to ensure successful period-ends.• Created various standards management and ad hoc reports to track performance of various departments along with in-depth analysis and recommendations.• Supervised and trained general accountant in routine and period-end duties.Achievements:• Implemented Sun Financial System, including migration of data from previous system, setup new procedures of recording and customized the user-interface.• Restructured the capital asset handling procedures, including data to capture, documentation, integrity and internal controls.• Automated and simplified data entry as well as period-end procedures through creation of macro and use of various software packages.

Toronto, Canada Area

• Provided consulting services to clients regarding period-end operation, office set-up and management reporting issues, including analyzed operation results and documented recommendations.• Successful engagements in maintaining the on-going financial functions and responsibilities vacated during the changeover of the following positions: o Controller at Catholic Cross-Culture Services o Accounting Manager at Santa Cruz Gold Inc. o Fund and Limited Partnership Accountant at AIM Mutual Funds• Implemented the CaseView financial reporting project, responsible for report template design and staff training.• Carried out audit testing and prepared compilation files.• Prepared corporate, trust and personal tax returns as well as other government regulatory reports.

Toronto, Canada Area

• Monitored daily financial matters of 15 retail branches in a nation-wide computer hardware retail company, including handling full set of books and trained 4 accounting clerks.• Promoted to assistant accountant from accounting staff within one year.• Assumed the accounting manager’s routine duties in his absence, including consolidation of financial statements, preparation of cash flow and payroll analysis for management advising team.

Hong Kong

• Conducted a wide range of general auditing operations and computed profit taxes.• Gained experience in dealing with clients from a variety of industries, including trading, manufacturing, servicing, investment and retail department stores.