Selvan Shan Email & Phone Number

Ajax, On, Ca

Oshawa, Ontario, Canada

• Lead budgeting, forecasting, planning, and analysis related activities, including but not limited to: preparation of forecast and budget templates, monthly departmental reports, and analysis of budget to actual variances.• Prepare month end journal entries for the regulated & unregulated operations• Reconcile balance sheet account balances and prepare reconciliations on a monthly or quarterly basis.• Prepare & maintain monthly financial reports for the group of OPUC companies, as well as by project/investment/business line.• Support continuous improvement and productivity initiatives within the overall financial function• Ensure compliance to legislative, regulatory, accounting and Health & Safety policies, procedures and standards• Respond and resolve day-to-day accounting related queries/problems from various departments• Assess and document accounting processes and procedures• Support new software implementations and upgrades• All other duties as assigned

Oshawa, Ontario, Canada

• Managed staff performance, including an (AP), Accounts Receivable (AR), shipping, and procurement including numerous implementation of process improvements. • Prepared, analyzed, reconciled and reported on financial information• Insure KPI are monitored and provided financial expertise, analysis & health of the company• Analyzed variances including budget vs actual• Prepared monthly GL entries recurring, adjustments, etc. • Insure payments are paid and appropriate early discounts are taken. • Liaison with varies department within company to resolve or improve work process.• Work with sales to insure collections and bill are done in a timely manner. • Insure all cost & revenue are captured in the same period to insurance compliance with GAAP.• Prepare payment schedule for approval.• Regular bank deposits.• In charge of mplementing ERP add-on, reports, etc. • Experience with SAP Business one.

Woodbridge,Ontario

• Accountable for monthly financial reporting and year-end closing, including the balance sheet, income statement, trial balance, and reports (budget versus actual, flux, and trends).• Managed staff performance (AP, AR, accountant, and purchasing employees). Hired, trained, and supervised accounting staff.• Adhered to GAAP, IFRS, and SOX when maintaining financial records. • Managed accounting function, including maintenance of the GL, AP, AR, and project accounting.• Assisted in preparing the annual budget document, by providing trends, abnormalities, and historical data. • Compiled and approved departmental expenditure budgets, revenue estimates, and narratives into the annual budget document.• Collaborated with other department managers in Sales, Operations, and Production, which supported overall department goals and objectives.• Monitored and analyzed department work, leading to the development of efficient procedures and use of resources. Accuracy did not suffer through the improved productivity.• Improved department efficiencies through delegation of duties, and better software training.• Developed and implemented policies, procedures, and controls, including segregation of duties, three-way matching, safeguarding assets, and inventory.• Held accountable to the Regional Controller, and additional firm-wide managers on financial results and special reporting requests.• Responsible for monthly accruals and month-end balance sheet account reconciliations.• Assisted in development and implementation of new procedures and features to enhance department workflow.• Facilitated the timely resolution of personnel issues, including staff conflicts, absenteeism, and performance challenges.• Supported regional controller with special projects and workflow process improvements.• Oversaw internal control functions related to quarterly audits to test controls.• Performed additional related duties and special projects as assigned or required,

Ontario, Canada

• Handled a broad scope of internal processes encompassing the daily management of reconciliation, general ledger and month-end closing with a main focus on AR functions.• Processed and performed three-way matching for vendor invoices while applying proper general ledger coding, and ensuring vendors paid in a timely manner.• Performed monthly bank reconciliation of accounts.• Posted daily cash receipts and researched discrepancies on payments with customer using telephone or e-mail.• Primarily accountable for the collection of all receivables and cash applications. Reduced aged accounts by 30 days through a tighter communication policy.• Prepared bank deposits through the deposit book, and entered vendor payments in the system.• Initiated collection activities with collection agency, in conjunction with the Controller’s direction. • Granted credit approval based on supplier reference, held status when appropriate, and liaised with the sales team.• Completed billing of sales invoices, processing of credit memos, and other AR adjustments.• Provided customer service support, answering questions regarding pricing, account status, and payments.• Printed and mailed monthly customer invoices and statements.• Reported to the Controller on a monthly schedule about DSO, cash flow statements, and bad debt accounts.• Prepared monthly statistical and aged AR reports, using Great Plains software.• Gained experience with multi-currencies, including CAD and USD conversions.• Prepared journal entries of adjustment billings.

• Reduced outstanding AR of over 120 days by 20% by making collection calls, documenting details, and collaborating with the AP department and other contacts to find equitable solutions.• Reconciled AR by matching cheques with appropriate invoices to balance accounts.• Processed month-end adjustments and offsets, through adjusted coded expenses, prepaid entries, and depreciations entries.• Created write-offs, refunds, and adjustments to the AR sub-ledger. Ensured they were property recorded.• Applied AR payments, prepared and sent monthly statements, and corrected billing errors and approved credit.• Responded to customer inquiries, maintained supportive customer relations, and solved issues in a timely manner.• Provided month-end reporting to senior management, and updated AR spreadsheets.

Toronto, Canada Area

• Performed entry-level duties, including posting AR, creating and processing AP, making deposits, and correcting bill discrepancies.

Bachelor Of Business Administration - Bba, Accounting

Advanced Accounting Degree, Accounting

Cpa, Accounting And Business/Management