Ruzanna Khachatryan Email & Phone Number

Toronto, Ontario, Canada

Washington, District Of Columbia, United States

Toronto, Ontario, Canada

Toronto, Ontario, Canada

Consultation on financial management systems, internal controls and compliance processes inpreparation for the single audit: • Reviewing policies and procedures for internal controls in place over federal funds received, identifying problem areas and recommending improvements;• Gathering financial records related to federal awards for compliance check, highlighting issues;• Providing training on cost principles, administrative and audit requirements for federal awards.

Toronto, Canada Area

Budgeting/FP&A• Developed annual budgets (~$25M) and detailed quarterly forecasts, monitored spending to ensure it is within approved allocations.• Prepared monthly/ad hoc reporting for senior management and quarterly financial reporting package/slides for the Board of Directors, performed variance analyses and wrote executive summaries to highlight significant fluctuations and implications.• Met with budget managers to develop/review forecasts, establish budgets for new activities, provide training on financial tools and processes.• Served as Adaptive Planning administrator: entered/maintained budgets and forecasts, built/modified models and updated the system to meet evolving needs.Financial Management/Controllership • Oversaw/supported the Foundation’s bookkeeping: provided day-to-day supervision of the outsourced accounting team (3 roles) to ensure timely and effective month end close, reviewed accounts receivable/payable, prepared journal entries, produced monthly statement package. • Reviewed/approved all AP claims to confirm coding, adherence to Foundation policies and procedures and underlying contract/grant terms and conditions, carried out expenditure reviews. • Assessed/updated financial policies, improved business processes to ensure best practices are followed and risks are minimized, served as the primary contact on all financial/accounting questions, provided advice on wide range of issues to staff, fellows and contractors.• Coordinated annual audits: managed relationship with the auditors, prepared extensive audit documentation, reviewed drafts.Grant Management• Prepared financial components of grant applications, reviewed grant agreements, developed forecasts and revised budgets.• Performed reconciliations and provided budget-to-actual updates, prepared detailed financial reports, and drafted variance explanations.• Ensured compliance with donor requirements and managed grant-specific audits, such as single audit (US Government funds).

Toronto, Ontario, Canada

GRIA (Government Research Infrastructure Awards)• Performed pre/post-award financial activities related to research grants: developed budgets, monitored revenue and expenditures, prepared financial reporting and audit documentation, provided guidance and advice to scientists and their teams, maintained GRIA grant database. Assisted with procurement: obtained quotes, wrote cost evaluations/justifications.• Prepared various ad hoc reports, forecasts, cash flow projections, variance analyses, month-end schedules and journal entries for GRIA department. Managed accounts receivable for a testing lab.

Toronto, Ontario, Canada

• Managed large-scale multi-institutional research grants from pre-award to closeout. Formulated budgets and forecasts, prepared compliant financial reports, compiled audit workbooks and related documentation. Provided updates to principal investigators and management boards. • Liaised with federal and provincial entities, and partner organizations to ensure compliance with grant terms and to resolve issues.

Yerevan, Armenia

• Coordinated internal control and audit management program. Advised senior management on all financial matters. Developed allocation budgets for US government assistance to Armenia (~50M). • Monitored multi-million awards to confirm compliance with complex government rules & regulations, reviewed large-scale proposals and grantee/contractor reporting, calculated accruals. Conducted pre-award surveys, end-use checks, and grantee financial reviews, and wrote reports. • Supervised two Financial Analysts.

Yerevan, Armenia

Minneapolis, Minnesota, United States

Master Of Arts (M.A.), Educational Policy&Administration/Public School Finance

Master Of Business Administration (Mba) - Business Project Incomplete Due To Relocation To Us, Business Administration And Management, General

Bachelor Of Arts - Ba, Applied Mathematics