Sumit R Malra Email & Phone Number

Sioux Lookout, On, Ca

Sioux Lookout, Ontario, Canada

Oversee all financial operations of the organization, ensuring the integrity and accuracy of financial information. Identify and mitigate financial risks, implementing policies and procedures to safeguard the organization's assetsOversee the management of grants and funding, including applications, reporting, and compliance, to ensure the effective use of resources. Develop and manage the strategic budget, including forecasting and monitoring expenditures to ensure alignment with organizational goals.Perform daily internal audits of overall management operations aligning with financial responsibilities and manage the annual audit process, liaising with external auditors to ensure timely and accurate completion of auditsRecord and maintained financial data and ensuring compliance with ASNPO (Accounting standards for not-for-profit organization).Prepare and present comprehensive financial reports to the board of directors, stakeholders, and funding agencies, ensuring transparency and compliance with regulatory requirements.Prepare and submit federal and provincial corporation T2 returns and other forms such public service bodies rebate (GST 66 and GST RC 7066), GST 532, GST HST remittances and T1044).Prepare strategic reports bases on financial position to develop and implement long term financial goals. Ensure sustainability plans to achieve continuity and long-lasting impacts on our stakeholders.

Sioux Lookout, Ontario

Developed and implemented the company’s financial policies and governance manuals to ensure the operations are complying to health and safety standards, accounting standards, and internal management controls. Prepared monthly, yearly and annual government remittances and requirements such as EHT, WSIB, GST/HST and Payroll RemittancesReviewed daily revenue reports and summarize them in accounting books. Recorded and maintain Account Receivables and Accounts payables.Performed a SWOT analysis for the management and advised on framing new plans and policies to ensure to lead business developments and projects to establish new revenue streams and better management controls.Prepared drafts of financial statements: Profit and Loss, Balance sheet, Cash flow to assist accountants with timely returns with CRA and also to assist management with decisions of improving administrative controls.Prepared budgets and estimations for projects using project tools in Quick Books and recorded transactions to carry out project accounting. Deployed and administered property management systems utilizing tools like Five Star for reservations, Quick Books for financial management, and Microsoft Office for overall operational support. Prepared operation analysis using tools like Excel, PowerPoint, and other software, leading to an efficient and more effective structure of operations.Managed and created different pricing strategies for the hotel to maintain its revenue cap every year matching the inflation rate.Oversee the different departments of operations and structured them more efficiently with the help of supervisors and managers.Managed cash reserves effectively to ensure the continuity of renovation and other projects on the premises. Ensured a “Just in Time “approach is followed at all levels to ensure effective and efficient inventory control.

New Brunswick, Canada

Oversaw day to day operations of the motel and ensuring seamless and efficient service delivery. Prepared efficiency reports of employees and processes involved in daily management to optimize and overall performance.Trained and hired staff on front desk, housekeeping, fostering a healthy and coordinated work environment.Implemented and managed property management systems with the help of management tools such as bookingcentre (reservation system), simply accounting, and Microsoft Office.Ensured motel operations are complying health, safety and regulatory standards. A daily log of fire inspection and property inspection was maintained.Coordinated marketing and promotional activities with the help google ads, Facebook, Booking.com and Expedia.Performed daily, weekly, monthly audits for budgeting and monthly revenue reports.Prepared Financial statements and assisted accountants to file yearly returns with Canada Revenue Agency.Prepared budgets for yearly capital expenditures ensuring timely improvements and renovations of the property.

Chapleau

Performed daily, weekly, monthly audits for budgeting and monthly revenue reports.Prepared work schedules for employees and ensured best coverage for all key positionsManaged the reservation and room reservation rates based on seasonal requirement to ensure a different set of room rates were used.Ensure optimal use and maintenance of different equipment in premises.Supervised inventory management and kept a database of all the suppliers, products and their prices to help management taking strategic decision on foods costs and operating cotsMaintained and updated Inventory logs, Account Receivables through Quick books.Managed the HR function including Employee Retention, Training & Development. Developed strong relationship with the employees resulting in lowest employee turnover in the period.Handled customer complaints and issues, resolving them promptly to maintain high customer satisfaction.

Ontario, Canada

Created and compiled an effective database through various tools of excel to build a smooth flow of operations.Maintained logs of payroll, inventory, petty cash and subsidiary books, ensuring accurate and up- to-date recordsPrepared work schedules for the front desk staff and housekeeping staff.Assisted management in taking decisions of daily motel operations.Ensured high level of customer service by addressing their concerns or queries.Ensured that the motel adhered to all relevant health, safety, and operational standards, conducting regular checks and implementing necessary improvements.

Master Of Business Administration - Mba, Finance And Financial Management Services

International Business Management, International Business

Post graduate certificate in International Business Management

Bachelor'S Degree, Business/Commerce, General

Activities and Societies: N.S.S3 years bachelor's degree in Commerce. Won 2nd award in photography at best click contest. Participated.