Wolly Bibi M.Sc. Ca.Cma Email & Phone Number

Toronto, Ontario, Canada

Toronto, Ontario, Canada

Toronto, Ontario, Canada

•Oversaw customer billing from the ERP & payments processing via stripe in a timely manner•Managed business and employee expenses, internal controls in line with corporate policy and procedures.•Oversaw full-cycle accounting for company and holdings entities including performing bank reconciliations, credit card reconciliations, journal entries, accounts receivables and payables, invoicing, and HST/PST remittances•Oversaw the preparation of monthly, quarterly and annual financial statements which ensures compliance with the internal control (SOX) requirements tight deadlines •Prepared supporting documentation and working papers for the internal and external auditors request•Efficiently managed processes, performed transactions in a way that ensures continuous improvement in terms of quality, cost or timeliness•Assisted Treasury with cash management liquidity analysis for funding requirements and corporate expenses•Coordinated and implemented processes for consolidation of acquired companies financial records•Coordinated Trade AR review, reconciliation, forecasting and managing collections of aged balances•Managed vendor payments and corporate forecast•Performed accrual journal entries, and other period close activities, and manages full-cycle FP&A activities for performance reporting and variance analysis of reported financial results.•Oversaw full-cycle accounting – Month-end responsibilities include consolidations, reconciliations, accruals, AR write-offs/AFDA, re-classes, preparation of balance sheet and income statement, which complies with the applicable U.S. Generally Accepted Accounting Principles (US GAAP), IFRS, Tax or securities regulation.•Oversaw the preparation of quarterly HST/PST returns, Revenue, and Royalty report ensuring proper accountability to stakeholders.•Reconciled corporate card expenses monthly to Trial balance and the general ledger

Toronto, Ontario, Canada

•Evaluated all Sarbanes Oxley(SOX) supporting documentation to ensure consistency with controls and standard operating procedures•Matched invoices with payments and carried out cash application on the ERP system, made collection calls, regularly followed up on payment due which resulted in over 90% collections within 30 days•Maintained good interpersonal, problem-solving skills.•Provided support for internal and external audits exercise which resulted in consistent clean audit reports•Managed collections and associated efforts of customers reconciliations and other financial performance metrics resulting in reducing receivable levels and improved cash conversion circle by 5%•Managed portfolio of customers including carrying out reference and credit background checks using credit institutions ie D&B and Profile credit•Reviewed trial balance, Trade AR, reconciliations, and manage collections of aged balances.•Managed the generation of invoices, credit, debit memos and oversaw the computation and review of re-charges , volume rebates, discounts and offsets•Performed full-cycle accounting – Managed month-end responsibilities which included consolidations, reconciliations, accruals, write-offs/AFDA, preparation of trial balance, balance sheet & income statement•Amicably resolved pricing, short shipment and unauthorized deductions by customers•Reviewed all credit balances, refunds and adjustments, and applied adjustments and/or corrections to corporate billing records.•Oversaw the computation of Brokers’ commissions using complex sales data extracts.•Investigated, reconciled and resolved queries or disputes on customers billings•Coordinated banking of customer’s checks, monthly closing and year-end reporting process.•Participated in projects to improve processes, resulting in over 10% increased efficiency•Provided analysis and comments for monthly management reports that explained the action plans for managing the collection of outstanding receivables

.•Coordinated joint ventures (JV) activities including multi-functional support of JV Business Processes (e.g. JV approvals - Budgets, AFE's, FM's, Contracts, Performance)•With the ERP system provided reliable and accurate information to internal/external auditors and management, which facilitated the timely preparation of year-end financial statements.•Negotiated and monitored the execution of formal agreements for operated and non-operated joint ventures•Developed implemented and managed the accounting operations and procedures for the accounts receivable through month-end•Contributed to assets performance reviews which resulted in improved profitability and optimization •Prepared weekly, monthly, quarterly cash collections forecast and project financial updates for senior management use•Established and maintained good relationships with joint venture partners and stakeholders•Assisted management in asset acquisition and divestment activities •Provided interpretations on joint venture agreements for accounting, engineering, production, operations, and business development and ensured full compliance•Organized the preparation and coordination of all annual audits and any other special audits or reviews that occurred from time to time.•Coordinated the preparation of forecasts, comprehensives annual budget, and contributed to strategic planning.•Delivered performance reports to management, which provided visibility into financial and operational performance.•Managed the finance team’s operations including (but not limited to) general accounting services, financial analysis, collection of financial data, report preparation, implementation of financial policies, •Supervised mentored members of the finance team and initiated actions, which further improved the finance team’s overall skills and performance.

•Prepared and recorded asset, liability, revenue, and expenses entries by compiling and analyzing accounting information.•Maintained subsidiary accounts by verifying, allocating, posting, reconciled transactions, and resolved discrepancies.•Collaborated with senior Finance Management to maintain collection goals and improved general A/R performance levels•Ensured the strict confidentiality and privacy of financial records as they relate to the organization and customers.•Strengthened the financial reporting and month-end processes including balance sheet reconciliation resulting in reducing close day by 1 day•Supported the management in the preparation of the corporate budget by coordinating the provision of underlying assumptions for reasonableness and consistency with the policies•Coordinated expedited and accurate responses to all audit queries resulting in excellent relationships with Partners and stakeholders•Provided monthly analysis, comments on revenue, royalties, CAPEX, and OPEX as input to monthly management reports •Developed a robust cost allocation template for apportioning indirect overheads resulting in over 10% cost reduction•Assisted management with inter-departmental coordination, development, and review of business cases, identification of trends, and making data-led recommendations•Participated in project planning, review, governance, and implementation of key projects •Participated in improvements project in internal and external communication with various stakeholders, including the investor community.

•Carried out general ledger and charts of account improvement process which increased efficiency of reporting and simplified some complex month-end process•Oversaw AP/AR functions, prepared the monthly financial statements (income statements, cash flow, balance sheet, and the joint financial reports) and variance reports in line with the group timetable. •Coordinated the companywide budget and performance reports preparation exercise•Facilitated pre-budget sessions and post-budget performance review sessions with divisional Executives•Provided guidance on general ledger cost coding for all transactional reporting resulting in desired transparency.•Used ERP software to efficiently managed the company-wide time writing process which resulted in proficient project cost reporting•Analyzed various balance sheet accounts, which ensured timely recording of amortization, prepayments, accruals, depreciation, expenses, etc.•Worked with company auditor to prepare various year-end schedules to meet external audit needs resulting in a consistent clean audit report.•Promoted consistent implementation and use of corporate financial policies, processes, guidelines, and tools resulting in maintaining integrity and safeguarding corporate assets.

•Maintained general ledger, reconciled subsidiary accounts to trial balance, and raised adjusting entries.•Prepared monthly, quarterly, and year-end financial statements, as well as validating various balance sheet accounts for completeness.•Prepared bank deposit, monitored cash flows, line of credit, credit cards, banking transactions, investment balances, reviewed and validated monthly bank reconciliation•Performed full-cycle accounting, A/R, A/P, cash flow, and bank reconciliation,•Ensured financial transactions were appropriately recorded, filed, reported in compliance with audit notes, policies, and regulatory requirements.•Co-ordinated the detailed development of the capital and/or operating budgets for assigned business units.•Ensured adherence to budget/financial policies and procedures resulting in a consistently balanced budget•Provided guidance and assistance to department staff with the preparation of the financial components of business plans.

Master'S Degree(M.Sc), Accounting Leeds, United Kingdom

Master'S Certificate, Applied Project Management. Pennsylvania, U.S.A

Advanced Accounting