Michael Levitt Email & Phone Number

Vancouver, British Columbia, Canada

Contract Controller in various industries, specializing in small to medium-sized family-owned enterprises.

Gibsons, British Columbia, Canada

I manage full-cycle accounting for 10 QSR restaurants (Tim Hortons and Wendy's) and 2 marinas generating multi-million dollar revenue and employing 200+ staff, as well as sourcing financing for a condominium and hotel development.Successfully improved cash flow by reducing expenses, streamlining operations, and maximizing government benefits.Prepare budgets and monitor profitability, margins, overheads, cost of sales, inventory control, and waste management, manage AP/AR and payroll, and provide financial recommendations thereon to management.Liaised with bankers, CRA, EDC, BDC, and mortgage brokers to access loans and subsidies during COVID-19, remaining up to date on legislation to maximize CEBA, CEWS and CERS benefits.

Burnaby, British Columbia, Canada

Working for a printing company, I handled financial duties including costing sheet reviews, billing, reports, AR queries and credit card payment processing. I was successful in improving relationships with key customers to accelerate the collections process from several weeks to two days, which significant enhanced cash flow. I also contributed to design enhancements and the review of a new billing system.

Cayman Islands

I led all financial duties for an accounting services subsidiary of a leading Cayman Islands law firm. My role included preparing financial statements and annual budgets, liaising with bankers and insurance brokers, and streamlining policies, procedures and systems to improve profitability and efficiency.In terms of achievements, I led an IT migration from QuickBooks to Tabs3 that reduced costs by 11%, and managed the strategic planning team to increase billings 57%, and mentored juniors into AP/AR roles. I also reduced leasing costs by 17% by negotiating with the landlord, negotiated a 32% reduction in the firm’s insurance costs, and fully reconciled all trust accounts to recover hundreds of thousands of dollars.

Cayman Islands

I managed the preparation of monthly financial statements, accounting activities, and purchasing, as well as monitoring the CAPEX budget, creating and analyzing cash flow statements, and mentoring night auditors.A notable achievement in this role was driving significant cost savings by reorganizing purchasing. I also assisted in reducing the time taken to prepare monthly reports for corporate offices by 2 days.

City Of Johannesburg, Gauteng, South Africa

I provided financial and management consultative services to small and medium-sized businesses, preparing tax returns, designing and implementing financial reporting systems, and streamlining financial systems.Notably, I increased a hospitality group’s profitability by 27% within 12 months by facilitating its strategic planning process, and kept a restaurant group in business by improving its operational and financial systems.Designed and implemented reporting requirements for franchisees of Spur Steak Ranches.

Honours, Accounting Science, 81%

International Hospitality Management With Specialization In Food & Beverage Management, 93%

Education record