Roy Michel Sabbagh, Cpa Email & Phone Number

Montreal, Qc, Ca

Amsterdam, North Holland, Nl

• Manage a team of eight employees in finance, payroll, billing and collection. • Prepare monthly financial statements and related analyses.• Participate in a due diligence which led to the company being acquired by a European company. • Participate in the implementation of a new ERP system from Oracle NetSuite. • Manage weekly cash flow and company investment. • Implement and administer an electronic expense account management system (SAP-Concur).• Manage the internal and external audits. • Produce internal audit reports.• Achieved savings of $120,000/ year.

• Responsible for the accounting cycles of the company, income, expenses and payroll.• Managed an Accounting analyst and an Account payable clerk.• Responsible for the preparation of the monthly financial statements.• Performed bank reconciliations, bookkeeping and journal entries. • Collaborated to improve the control processes for the accounting cycles.• Recorded expenses and provide monthly budget variance analysis. • Prepared the monthly GST / QST remittances.• Improved and documented various tasks. • Provided support to the external auditors and government authorities.

Toronto, Ontario, Ca

• Managed a team of 12 employees including Supervisors, Finance Analysts and an Accounting Clerk. Oversaw workload, provided guidance, motivation and performance review including hiring.• Provided support, oversight and approvals for the accounting and reporting of Pharmaprix retail business: period end close, reporting & variance analyses, quarter end & year end process, Associate year-end & changeover files, balance sheet and P&L reconciliations.• Managed the annual planning and periodic forecasting processes. Reviewed, validated and provided guidance to ensure reasonability and completeness.• Participated in various special projects for regional and central office in Toronto.• Worked with the external auditors on the franchisee year end files.• Provided direct and indirect financial support to the Pharmaprix store network. Accomplishments: • Restructed the department to increase productivity and efficiency. Saved thousands of dollars by reducing staff by two people. • Designed an introduced new work methods, simplified the existing processes and automated manual tasks to achieve high efficiency and productivity.• Improved communication between team members, central office in Toronto and the operations department. • Improved the year end process to meet the year end file delivery deadline to the external auditors which went from six months behind schedule to three weeks before the deadline. • Participed at special projects, such as the split P&L and the “Financial Optimization Project”. • Got nominated at the “Beyond the call” award program.

Ca

• Managed a staff of two financial analysts.• Prepared monthly and quarterly financial statements, weekly cashflows and budgeting.• Maintained the schedules for balance sheet accounts in the retail business. • Prepared 13 weeks rolling cash flow projections for the retail and whosale divisions.• Handled payroll and inventory reconciliations and inter company transactions (USA/Europe).• Automated various accounting processes.Accomplishments: • Streamlined work procedures by developping and implementing new work processes.• Implemented SAP Asset Management and Business Warehouse modules

Montreal, Quebec, Ca

• Managed the accounting and sales audit departments. Supervised a staff of eleven, involving hiring, training, work flow and annual appraisals. • Assisted the Controller with the quarterly financial statements and analysis. • Directed month-end period closings and oversaw asset management.• Coordinated external audits (provincial and federal sales tax). • Dealt and negotiated with the main banks on various financial issues.• Acted as Project Manager for system implementations and upgrades such as PeopleSoft General Ledger and Assets Management, Sales Audit and Reconnet • Worked on the compliance project (SOX - ICFR) by documenting and reviewing various accounting procedures within the Finance department.Accomplishment:• Achieved savings of $250,000 by reducing bank fees, analyzing sales tax accounts and correcting various discrepancies.• Improved overall efficiency and productivity by reorganizing work procedures within the teams and developing various automated processes to streamline daily operations.