Summary
Overview
Work History
Education
Skills
Languages
Certification
Timeline
AdministrativeAssistant

Andrew Highland, CPA

Vaughan,ON

Summary

Dynamic finance leader with a proven track record at Canadian Bearings Ltd., enhancing financial and operational efficiency and driving a 370 basis point margin improvement. Skilled in strategic decision-making and team leadership, I leverage data-driven insights to foster profitability and implement innovative pricing strategies, ensuring sustainable growth and success.

Overview

28
28
years of professional experience
1
1
Certification

Work History

Vice President, Finance

Canadian Bearings Ltd.
06.2015 - Current

Reporting to the Chairman and Chief Executive Officer as a valued member of the Executive Management Team:

  • Responsible for the timely creation and accuracy of all Financial information delivered Internally to multiple Stakeholders and Externally to company Shareholders.
  • Led the development of a new, dynamic pricing matrix leading to a 370 basis point improvement in margin percentage.
  • Led the Finance implementation of new ERP (Netsuite) increasing automation of Payments, Rebate processing, Inventory management and Financial Statement analysis.
  • Utilized increased visibility to data allowing for customer profitability analysis (cost to serve) allowing for actionable insights for the Sales and Customer Service organizations.
  • Regular engagement with Supply Chain, Customer Service, Sales and Information Technology teams, educating and providing operational and financial support to improve profitability in each area collaboratively
  • Created a detailed cash flow model to improve forecasting of cash requirements and increase availability of funds for working capital and investment purposes
  • Continuously developing talent within the Finance organization with the expectation of process improvements, automation of processes, staying abreast of new accounting standards, being inquisitive while maintaining a growth mindset.
  • Improved Forecasting and Budget process using inherent Analytical and Templated tools within the new ERP improving the accuracy of numbers and reducing the time spent by Business Leaders to review and complete.

Financial and Operational Controller

Ciot (Toronto) Inc.
05.2012 - 06.2015

Reporting to the Chief Operating Officer and Chief Financial Officer responsible for all Accounting Processes, Financial Reporting, Process Re-engineering, Payroll, Commissions and support of Information Technology requirements.

  • Collaborated closely with the Sales organization to improve Margin performance by 220 basis points while increasing supporting an 12% increase in Sales volume in a highly competitive market.
  • Led the acquisition of a competitor Marble and Tile business integrating the financial and operational processes with Ciot.
  • Took over running the acquired Company with a mandate to fully transform the business from a Luxury branded Company into a Value based business

Director, Financial Reporting

Hudson's Bay Company, HBC
05.2007 - 12.2011

Reporting to the Vice-President, Financial Reporting and Accounting, leading a team of fifteen internationally, responsible for all management and external financial reporting, month-end close, corporate accounting, legal entity reporting, inventory valuations, corporate forecasting, planning and financial analysis.

  • Re-engineered month-end close process reducing completion from seven days to four days.
  • Strengthened corporate forecasting, planning and variance analysis, highlighting growth and cost savings opportunities.
  • Led the review and orderly transition of Reporting and Accounting processes offshore with no impact on month-end close or related accounting and reporting activities

Various Financial Controller and Director Roles

Sears Canada Inc.
Toronto, Ontario
06.1998 - 12.2007

Education

BBA - Accounting

Brock University
St. Catharines

Skills

  • Team leadership
  • Coaching and mentoring
  • Data-driven insights
  • Financial and Operational efficiency enhancement
  • Pricing strategy development
  • Strategic decision-making
  • Results-driven

Languages

English
Full Professional

Certification

Being First - Change Leaders Roadmap

Being First - Change Management


Chartered Professional Accountant (CPA)


Timeline

Vice President, Finance

Canadian Bearings Ltd.
06.2015 - Current

Financial and Operational Controller

Ciot (Toronto) Inc.
05.2012 - 06.2015

Director, Financial Reporting

Hudson's Bay Company, HBC
05.2007 - 12.2011

Various Financial Controller and Director Roles

Sears Canada Inc.
06.1998 - 12.2007

BBA - Accounting

Brock University
Andrew Highland, CPA