Andrea Stand
Stouffville,ON
Summary
Professional with strong background in financial analysis, adept at leveraging analytical skills to drive business growth and financial stability. Expertise in data interpretation, financial modeling, and risk assessment, ensuring informed decision-making and strategic planning. Known for collaborative approach and adaptability, consistently meeting team objectives and organizational goals. Proficient in utilizing financial software and tools to streamline processes and enhance accuracy.
Overview
23
23
years of professional experience
Work History
Financial Analyst
TTI Techtronic Industries Canada Inc.
08.2022 - Current
- Company Overview: Leader in cordless technology spanning power tools, outdoor power equipment, floorcare appliances
- Automated Reporting Efficiency: Developed automated financial reporting systems using Power Query and DAX, reducing monthly report preparation time by 75% (from 12 hours to 3 hours)
- For example, during a critical sales period, this enabled the sales team to access performance data ahead of schedule, leading to a 10% increase in monthly sales
- Enhanced Financial Controls: Identified $150K in annual cost savings by implementing real-time budget tracking dashboards that flagged overspending in operational budgets
- In one instance, early detection of excess marketing spend allowed management to reallocate $500K, directly supporting a high-ROI promotional campaign
- Variance Analysis Improvements: Conducted variance analyses that improved forecasting accuracy by 10%
- For example, identifying a $500K underutilization in planned logistics expenses enabled a strategic investment in distribution upgrades, contributing to a 12% reduction in year-over-year operational costs
- Sales Performance Insights: Designed sales performance dashboards that revealed underperforming product lines, leading to targeted sales initiatives
- As a result, quarterly sales improved by 18%, generating $2M in additional revenue
- One specific campaign saw a product line’s sales grow by 25% within two months
- Budget Optimization: Led cross-departmental budget reviews that reduced non-labor costs by 9% ($250K savings) without affecting operations
- For example, renegotiated vendor contracts saved $80K annually, while consolidating IT services reduced overhead by $40K
- Leader in cordless technology spanning power tools, outdoor power equipment, floorcare appliances
Financial Analyst
The Miller Group
01.2022 - 08.2022
- Company Overview: Public Paving and Construction Company (IFRS)
- Developed an advanced inventory reporting system for asphalt production, improving monitoring of component usage by 20% and enabling data-driven decisions that reduced material costs by 15%, enhancing overall cost-efficiency
- Created dynamic financial tracking reports for Project Managers, increasing visibility into spending, revenue, and cost variances by 30%
- These tools improved forecasting accuracy by 25% and strengthened financial control, contributing to more effective project budget management
- Public Paving and Construction Company (IFRS)
Financial Analyst
Compugen Inc.
08.2016 - 01.2022
- Company Overview: Private Canadian based Software and IT Company (ASPE)
- Automated Service Reporting: Implemented automated financial reporting dashboards using Power Query and DAX, reducing reporting time by 80% (from 15 hours to 3 hours per cycle)
- Enabled leadership to track service project profitability in real-time, resulting in a 12% increase in profit margins on large-scale implementations
- Profitability Analysis for Professional Services: Conducted detailed cost-benefit analyses on professional services projects, identifying underperforming service lines
- Adjusted resource allocation, leading to a 15% improvement in project profitability within six months
- Optimized Budgeting for IT Services: Designed a dynamic budgeting model that integrated hardware, software, and service delivery costs
- Improved forecasting accuracy by 18%, allowing the company to reallocate $500K towards high-demand service areas, boosting revenue by 10% year-over-year
- Service Delivery Insights: Developed service performance dashboards that highlighted bottlenecks in software deployment projects
- Process improvements based on these insights reduced project timelines by 20%, enhancing customer satisfaction scores by 15%
- Cost Control Enhancements: Implemented financial controls that tracked project-related expenses in real time
- Identified $200K in potential savings by negotiating better vendor contracts and optimizing internal resource utilization
- Private Canadian based Software and IT Company (ASPE)
Sr Accountant
Enghouse Systems limited
08.2015 - 08.2016
- Company Overview: Operations located in Sweden
- Operations located in Sweden
Sr. Accountant
LexisNexis Canada
07.2009 - 08.2015
Corporate Accountant
Schneider Electric
11.2005 - 06.2009
Accountant
Astral Television Networks – Bell Media
11.2001 - 11.2005
Education
Additional Certificates
BBA - Finance
University of Toronto (Sabana University)
Toronto, None06-1997
Skills
- Proficient in Data Analysis with Excel
- Skilled in Financial Reporting Analysis
- Expense Monitoring
- Financial Reporting Interpretation
- Financial Reporting & ROI Analysis
- SG&A Spend tracking and Variance Analysis
- Process Automation & Efficiency improvements
- Sales & Margin Analysis
- Internal controls
- Audit reviews
Languages
Spanish
Full Professional
Timeline
Financial Analyst
TTI Techtronic Industries Canada Inc.
08.2022 - Current
Financial Analyst
The Miller Group
01.2022 - 08.2022
Financial Analyst
Compugen Inc.
08.2016 - 01.2022
Sr Accountant
Enghouse Systems limited
08.2015 - 08.2016
Sr. Accountant
LexisNexis Canada
07.2009 - 08.2015
Corporate Accountant
Schneider Electric
11.2005 - 06.2009
Accountant
Astral Television Networks – Bell Media
11.2001 - 11.2005
Additional Certificates
BBA - Finance
University of Toronto (Sabana University)
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