Franklin Wang

Franklin Wang Email and Phone Number

Vice President Finance at Vortex Freight Systems Inc. @ VORTEX FREIGHT SYSTEMS INC
Franklin Wang's Location
Mississauga, Ontario, Canada, Canada
Franklin Wang's Contact Details
About Franklin Wang

A finance executive with broad experience in all aspects of accounting, auditing and financial management. Direct experience with consolidation, financial reporting and analyses, and financial system implementation.Specialties: - Experience in both For-Profit and Not-For-Profit organizations;- Strong analytical skills, computer skills, and sound knowledge of logistics and transportation industry;- Proficient in Epicor Enterprise - an award-winning comprehensive end-to-end suite of proven industry-specific solutions for the global midmarket enterprise; Possess good understanding of its functionalities and capabilities as well as database structure.

Franklin Wang's Current Company Details
VORTEX FREIGHT SYSTEMS INC

Vortex Freight Systems Inc

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Vice President Finance at Vortex Freight Systems Inc.
Franklin Wang Work Experience Details
  • Vortex Freight Systems Inc
    Vice President Finance
    Vortex Freight Systems Inc Sep 2022 - Present
    Mississauga, Ontario, Ca
  • Fastfrate
    Vice President, Finance
    Fastfrate Oct 2019 - Sep 2022
    Woodbridge, On, Ca
  • Fastfrate
    Director Of Finance
    Fastfrate May 2017 - Sep 2019
    Woodbridge, On, Ca
  • Wheels Group
    Director Of Administration
    Wheels Group Oct 2015 - May 2017
    * Direct daily activities of administrative personnel, including accounts receivable, accounts payable, invoicing, and imaging.* Responsible for establishing initial credit limits for new customers and periodically re-evaluating credit limits on existing customers* Work with internal sales organization in coordinating and communicating initial credit decisions as well as decisions to adjust limits periodically in response to experience and changing conditions* Use analytical skills and judgement to solve vendor problems and deal with complex issues that require in-depth evaluation* Ensure timely and accurate payments for vendors and employee expenses, and review vendor invoices for proper billing and accurate approval authorizations.
  • Wheels Group
    Corporate Controller
    Wheels Group Aug 2005 - Sep 2015
    * Worked closely with the VP of Finance to provide leadership and technical oversight to the Finance groups in both Canada and the United States, and provided guidance on income tax and sales tax matters.* Developed financial models for the purposes of evaluating new business opportunities and assisting senior management in making strategic decisions.* Guided the organizational financial planning process, which includes planning, budget preparation, and variance reporting, from inception to completion in order to align with corporate strategic business plan.* Responsible for reviewing internal financial statements and analyses prepared by the divisional controllers, and providing consolidated financial information and analyses to external stakeholders.* Communicated monthly financial performance to senior management, monitored progress and changes, and kept senior management abreast of the company's financial status.* Managed the year-end audit process and coordinated all audit work with internal teams and external auditors to meet reporting deadlines* Acted as a senior financial resource (subject matter expert) to identify, plan, and implement financial processes for new projects.* Provided technical expertise on critical accounting issues such as acquisition accounting, foreign operations reporting, and revenue recognition of various revenue streams.* Implemented IFRS and assisted the Company in its going public through a series of reverse takeover transactions.
  • Wheels Group
    Controller
    Wheels Group Aug 2004 - Jul 2005
    * Provided leadership to the Finance team and managed the month end close procedures for the Company’s trucking division* Worked with Operations and IT to develop new business processes that improved the accuracy of financial information, including better matching of revenue and expenses.* Worked with the Finance team to develop best practices and improve the efficiency within the team. As a result of this improvement, the reporting timeline for the trucking division was reduced from more than 15 days to 10 days.* Developed analytical tools that enabled the early detection and prevention of transaction errors, and helped the Company improved its profitability.* Assisted the IT team in designing and implementing an interface that integrated the financial system with the new transportation management system
  • Tssa
    Financial Analyst
    Tssa Feb 2003 - Jul 2004
    Toronto, Ontario, Ca
    * Prepared annual budget and quarterly forecasts, including budget presentations and board packages* Prepared monthly financial statements and variance analysis for The Management Committee* Conducted financial audit in support of the annual fee review process to ensure services were delivered on a cost-recovery basis* Conducted technical research on “Controlled and Related Entities of Not-for-Profit Organizations”. Research topics included financial reporting implications, income tax implications, legislation filing requirements, and foreign activities.* Built financial analysis models to calculate Return on Investment and Payback Period of new business investments* Lead a team of financial analysts and restructured the financial reporting system to support new management reporting requirements and future business expansion
  • Wheels Group
    Team Leader, Finance & Administration
    Wheels Group Mar 2002 - Dec 2002
    * Supervised a staff of four* Conducted employee performance evaluation in accordance with corporate guideline* Provided solutions and support to other Team Leaders in identifying and implementing procedures to improve efficiencies* Provided in-depth analyses to management for structuring long-term business plans, allocating corporate overhead, and reorganizing subsidiaries.* Audited financial data to identify system errors, procedural deficiencies, and control weaknesses.
  • Wheels Group
    Financial Analyst
    Wheels Group Dec 1999 - Feb 2002
    * Re-engineered the financial reporting system to ensure the timely delivery of monthly financial statements and internal management reports* Worked with various business units to formulate the corporate reporting requirements and ensure appropriate use of accounting policies and procedures* Created the Company’s first financial database, which enabled the reporting of sales by product line, by salesperson, and by major customer group.* Assisted in the implementation of activity-based costing and performed quarterly analysis to ensure its objective was achieved* Assisted the CFO in developing and monitoring policies and procedures to ensure the administrative and finance functions were performed with due regard to economy, effectiveness, and efficiency* Assisted in the evaluation, selection, and implementation of a new financial system
  • Apex Motor Express Ltd.
    Supervisor, Accounting Services
    Apex Motor Express Ltd. Jul 1998 - Dec 1999
    Brampton, On, Ca
    * Supervised the operations of accounts receivable, accounts payable, and general accounting. Provided staff with guidance for resolving accounting and operational issues.* Liaised with Operations, Sales and Marketing, and advised senior management of problem areas with recommendations for resolution of these concerns.* Assisted in the preparation of annual budgets and monthly cash flow projections* Assisted management in dealing with issues such as billing, customer refunds, and receivable write-offs.* Actively participated in the testing and evaluation of the Company’s computer systems for Y2K compliance

Franklin Wang Skills

Forecasting Accounting Auditing General Ledger Accounts Receivable Financial Analysis Managerial Finance Financial Reporting Business Planning Analysis Finance Budgets Management Accounts Payable Variance Analysis Leadership Operations Management Financial Statements Financial Audits Cash Flow Financial Accounting Gaap Consolidation

Franklin Wang Education Details

  • Certified General Accountants Of Ontario
    Certified General Accountants Of Ontario
    Accounting And Finance
  • University Of Toronto Scarborough
    University Of Toronto Scarborough
    Management And Economics

Frequently Asked Questions about Franklin Wang

What company does Franklin Wang work for?

Franklin Wang works for Vortex Freight Systems Inc

What is Franklin Wang's role at the current company?

Franklin Wang's current role is Vice President Finance at Vortex Freight Systems Inc..

What is Franklin Wang's email address?

Franklin Wang's email address is fw****@****oup.com

What schools did Franklin Wang attend?

Franklin Wang attended Certified General Accountants Of Ontario, University Of Toronto Scarborough.

What skills is Franklin Wang known for?

Franklin Wang has skills like Forecasting, Accounting, Auditing, General Ledger, Accounts Receivable, Financial Analysis, Managerial Finance, Financial Reporting, Business Planning, Analysis, Finance, Budgets.

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