Walter Pecora, Cpa.Cma Email & Phone Number

North Vancouver, Bc, Ca

Vancouver, British Columbia, Canada

Vancouver, Canada Area

Oversee all aspects of financial planning & analysis, financial reporting, and cash management, for World class integrated sports medicine, health & wellness clinic, and athletic performance facility, and Fortius Foundation, a charity focused on changing the lives of kids through athletic development. Implemented cash flow projection model integrated with financial projections, and incorporated KPI metrics and key drivers resulting in improved cash management and operational decision… Show more Oversee all aspects of financial planning & analysis, financial reporting, and cash management, for World class integrated sports medicine, health & wellness clinic, and athletic performance facility, and Fortius Foundation, a charity focused on changing the lives of kids through athletic development. Implemented cash flow projection model integrated with financial projections, and incorporated KPI metrics and key drivers resulting in improved cash management and operational decision making. Through data analysis demonstrated under-utilization of resources and allowed for increase in revenues. Implemented numerous process improvements resulting in faster reporting turnaround and improved accuracy. Working collaboratively with banking and consulting partners on complex financial modelling, operational margin analysis, and projections, for organizational restructuring and cost containment strategy. Fortius has closed its operations at year end, and am currently involved in the Purchase Sale Agreement of the facility and winding down of operations. Show less

Responsible for all aspects of the annual financial planning and budgeting process, and for the preparation of timely reporting and forecasting to Executive Committee, Board of Directors and Office of the Controller General, for the LMC, $400M portfolio. Worked in collaboration with the 4 lower mainland health authorities to provide financial oversight for 8 shared services. Supervised, led, and coached team of 3. Managed period end financial reporting and forecasting with focus on… Show more Responsible for all aspects of the annual financial planning and budgeting process, and for the preparation of timely reporting and forecasting to Executive Committee, Board of Directors and Office of the Controller General, for the LMC, $400M portfolio. Worked in collaboration with the 4 lower mainland health authorities to provide financial oversight for 8 shared services. Supervised, led, and coached team of 3. Managed period end financial reporting and forecasting with focus on resource utilization, expenditure patterns, statistical and critical indicator data/information and budgetary targets, and recommending corrective action where appropriate; Working with Operations’ Executives, developed meaningful financial plans, budgets and forecasts which aligned to strategic/business objectives; Led project teams or tasks including writing proposals, developing budget, research of data, development and implementation of costing methodologies, coordination with internal and external stakeholders to ensure effective communication, negotiation and change management in achieving project objectives; Initiated a number of account reviews which resulted in improved cash flows and recoveries of $150k. Show less

Vancouver

Oversaw the financial and operational aspects of a $130M retail brand which saw 1,547% growth over 5 years. Managed monthly reporting, budgeting, strategic planning, forecasts, and cash flow. Made recommendations concerning business policy, resource allocation, and strategic planning activities to improve company bottom-line financial performance. Grew Accounting and Payroll teams from 4 to 13, including hiring, training, creating job descriptions and developing new roles. ERP… Show more Oversaw the financial and operational aspects of a $130M retail brand which saw 1,547% growth over 5 years. Managed monthly reporting, budgeting, strategic planning, forecasts, and cash flow. Made recommendations concerning business policy, resource allocation, and strategic planning activities to improve company bottom-line financial performance. Grew Accounting and Payroll teams from 4 to 13, including hiring, training, creating job descriptions and developing new roles. ERP committee leader in the design and configuration of accounting work flow documentation for conversion to Microsoft AX. Created of Chart of Accounts, data migration, user acceptance training, and management report design within a tight, 7-month deadline;  During a period of significant cash flow issues, developed financial models that were used to execute a cost containment strategy resulted in restructuring lending agreement, and revision of long-term strategic plan; Developed financial model to establish the accounting treatment of Purchase Price Valuation and Employee Stock Option Plan. Completed financial statement models projecting future cash flow and lender covenant ratio analysis. Evaluated investment viability of new store openings; Created and led new FP&A department. Developed new reporting tools and processes aligning operations to budget and strategic plans, allowing for faster executive decision making. Show less

 Set-up new USA Entity, establishing intercompany billing policy, foreign currency translation and preparation of consolidated financial reports from single to multi-entity company; Worked with consultants in establishing Transfer Pricing policy and implementing procedures for sale of goods from Canadian entity to USA entity, to minimize corporate tax exposure; Worked with Investment Bankers to develop financial models for the business valuation for the acquisition by a Private… Show more  Set-up new USA Entity, establishing intercompany billing policy, foreign currency translation and preparation of consolidated financial reports from single to multi-entity company; Worked with consultants in establishing Transfer Pricing policy and implementing procedures for sale of goods from Canadian entity to USA entity, to minimize corporate tax exposure; Worked with Investment Bankers to develop financial models for the business valuation for the acquisition by a Private Equity firm; Established, set-up, and transitioned new banking relationships in Canada and USA for retail and ecommerce business resulting in ease of commercial transactions, alignment to IT strategy, and favourable pricing. Show less

Coordinated month end close, budget and forecast processes, as well as daily interactions with C-level management regarding financial and operational decisions. Oversaw development of business cases for expansion projects, management reports, and BI tools. Supervised, led, and coached a team of 7. Oversaw preparation of business cases and financial modeling of expansion projects improving the gaming experience. Developed measurable KPI metrics and aligning to strategic plans and… Show more Coordinated month end close, budget and forecast processes, as well as daily interactions with C-level management regarding financial and operational decisions. Oversaw development of business cases for expansion projects, management reports, and BI tools. Supervised, led, and coached a team of 7. Oversaw preparation of business cases and financial modeling of expansion projects improving the gaming experience. Developed measurable KPI metrics and aligning to strategic plans and budgets, resulting in continuous year-over-year revenue and market share growth; Collaborated with Revenue, Marketing and Operations departments in developing financial models and assessments (NPV, IRR, ROI) in support of casino expansion, layout changes, and marketing promotions, resulting in better decision making, revenue growth and cost savings, which improved overall profitability; Project Manager for RFP initiatives, including drafting proposals, reviewing contracts, and negotiations. Resulting in cost savings, improving service quality, and building partnerships; Co-leader of accounting system conversion and implementation.  Consulting of Accounting controls and processes for the development of new Business Intelligence tool, information system initiatives, and for business proposals to Government regulators; Cultivated data analysis system and reporting from ground up with custom financial models, SQL queries, sensitivity analysis, KPI metrics, competitive analysis, producing more precise forecasting, improved budgeting and increased efficiencies, which were key to presentations to investment community to secure financing of new resort casino development project; Founding member of Green Committee achieving Bronze Certification with Green Tourism. Resulted in significant food waste diversion, expanded recycling program, biodegradable packaging, LED lighting conversion; Founding member of volunteer committee providing outreach to downtown Eastside community. Show less

Grew with COBS from 18 bakeries in BC, to 60 bakeries across Canada and expansion into the U.S.A. Combination of Corporate Owned and Franchised bakeries. Managed banking operations, including accounts payable, accounts receivable, revenues and cash flow management. Collaborated with business development team on all new construction projects. Supervised, led, and coached a team of 3. Reconciled all bakery construction projects, coordinated equipment orders and deliveries, maintained… Show more Grew with COBS from 18 bakeries in BC, to 60 bakeries across Canada and expansion into the U.S.A. Combination of Corporate Owned and Franchised bakeries. Managed banking operations, including accounts payable, accounts receivable, revenues and cash flow management. Collaborated with business development team on all new construction projects. Supervised, led, and coached a team of 3. Reconciled all bakery construction projects, coordinated equipment orders and deliveries, maintained the Fixed Asset Ledger, provided IFRS provision adjustments, review of Lease Agreements. Found cost savings and improved cash management process through better coordination of equipment ordering; Played a key role in aligning, streamlining, and coordinating accounting procedures between North America and Australia, resulting in quicker processing time, increased accuracy, improved supplier relations, cost savings, and the creation of new jobs and role descriptions; Leadership role in developing and implementing cash management procedure across the North American retail network, resulting in stronger controls over cash and deposits; Developed a financial model used in analyzing and determining investment viability of proposed new store openings and ensured they were aligned to corporate strategy. Similar model used in determining closure of unprofitable locations. Show less

Supported Sales and Marketing teams by utilizing financial information and report development to provide understanding of business drivers and identified opportunities for improvement while setting quarterly sales targets.  Created a weekly report analyzing sales by phone type, subscription plan, customer activations, revenue drivers, and comparison to competition promotion offering. This allowed Leadership to adjust promotions and offerings quickly to ensure quarterly sales target… Show more Supported Sales and Marketing teams by utilizing financial information and report development to provide understanding of business drivers and identified opportunities for improvement while setting quarterly sales targets.  Created a weekly report analyzing sales by phone type, subscription plan, customer activations, revenue drivers, and comparison to competition promotion offering. This allowed Leadership to adjust promotions and offerings quickly to ensure quarterly sales target achievement, as well as increase market penetration and share;  Played a key role in building and integrating a customer database with newly acquired company, and in building new territory assignments for a restructured sales team; Developed regional cost of acquisition model for use by management to set pricing on product offerings, and analyze the effectiveness of business decisions and strategy. Show less

Education record

Cma

Cia, Internal Audit

Certified Internal Auditor, November 2011

Advanced Specialty Certificate In Forensic & Investigative Accounting

Program provides the theoretical knowledge and the hands-on skills required in the field of financial investigation and litigation.

B.Comm, Finance, Information Systems