Summary
Overview
Work History
Education
Skills
Accomplishments
Languages
Timeline
BusinessAnalyst
Elaine Chan

Elaine Chan

Toronto,ON

Summary

Results-driven finance professional with a proven track record of driving financial strategy and performance. Recognized for expertise in enhancing financial processes and supporting corporate objectives. Known for reliability and adaptability in collaborative settings, thriving in dynamic environments. Strong skills in financial analysis, budgeting, and team leadership.

Overview

22
22
years of professional experience

Work History

Senior Manager, Finance and Accounting (Canada Core Finance Lead)

DELOITTE CANADA
01.2019 - Current
  • Representing Canada for Core Finance functions in the on-going SAP system
  • Managing a team of 4-6 staff
  • Representing Canada in Deloitte Global Core Finance meetings relating to systems and procedures
  • Leading testing and approving results for system and operation changes
  • Spearhead on technology upgrade and innovation for Finance Teams
  • Coordinating with different streams in testing and system improvements, including Controllership, Accounts Payables, Capital Assets Management, Treasury, Security and Control, and Technology Teams
  • Escalating risk to senior leadership with mitigating recommendations

Global Business Lead of Consolidation Stream (Project SWIFT)

DELOITTE CANADA
01.2016 - 01.2019
  • Leading the Consolidation Team in the Global SAP project
  • Joined the project as Canadian RTR and ALM business lead, then promoted to Global Consolidation business lead when UK and Australia member firms joined the project
  • Organized and hosted Consolidation workshops for US, Canada, UK, and Australia finance team leaders
  • Gathered and analyzed requirements from four member firms
  • Developed and obtained support for the global design of financial period-end / year-end consolidation
  • Led a team of 5 to 8 offshore team members to develop successfully S4 HANA programs and Analysis for Office reports to meet consolidation requirements for members firms

Senior Manager, Finance and Accounting

DELOITTE CANADA
01.2014 - 01.2016
  • Managed a team of 11 staff responsible for general accounting, reporting and analysis of the Firm
  • Centralized and documented period-end and year-end closing procedures across the country
  • Provided recommendation and accounting treatment for merges and acquisitions
  • Reorganized and streamlined staff responsibilities to improve efficiency of the team
  • Responsible for transformation of the headquarter finance team

Consultant / Assistant Manager, Reporting

SUNNYBROOK HEALTH SCIENCES CENTRE
01.2013 - 01.2014
  • Managed a team of 5 to 6 staff responsible for accounting, internal and external reporting, as well as audits and regulatory reporting
  • Consolidated and documented period-end procedures for merged hospitals and new SAP system
  • Automated and enhanced financial and forecasting reports with variance analysis

Manager, Capital Assets and Cash (Business Performance & Management)

DIRECT ENERGY MARKETING LTD.
01.2010 - 01.2013
  • Recruited and led a team of 4 staff that supported IS and Facilities capital projects and capital assets of the company from planning, monitoring, and period-end operating to reporting and analysis as well as design and development of cash flow forecasting models
  • Led the successful implementation of SAP Project System and Time Management to automate project time tracking and budget control
  • Streamlined the fixed assets operation and resolved all audit issues within one year while repatriating all fixed asset processes back to Head Office from an outsourcing vendor
  • Hosted quarterly and ad hoc Investment Committee meetings, including CIO, CFO and Portfolio Managers to review and approve material capital projects
  • Completed all CAPEX Planning lifecycles for the company on time and provided detailed analysis to both Finance and IS teams
  • Planned and effectively led the outsourcing of project support and fixed assets operation to India, thereby reducing labour costs by 40%
  • Played key role in supporting the headquarter transition, providing tightened controls, detailed documentation and training
  • Received two awards for exceptional performance in simplifying financial processes while enhancing controls

Manager, Financial Accounting & Consolidation (Corporate Finance)

DIRECT ENERGY MARKETING LTD.
01.2003 - 01.2010
  • Managed an accounting team of 4 to 6 staff responsible for accounting operations, consolidation, periodic reporting and analytical review of multiple business units in North America
  • Implemented IFRS (International Financial Reporting Standards) in the monthly reporting to UK from UK GAAP
  • Successfully converted accounting system from Platinum to SAP and delivered training to users
  • Provided advice on accounting related issues for management in the UK and North America
  • Liaised with business unit contacts, effectively improving management awareness of operating issues
  • Successfully handled change management issues during staff turnovers and organizational changes
  • Recognized by senior parent company management in the UK for completing interim and annual audits, achieving significant improvement in both reporting timeliness and quality

Education

CPA -

American Institute of Certified Public Accountant
Daleware
06-2004

Certified Management Accountant (CPA, CMA) -

Chartered Professional Accountants of Canada
Ontario
06-2000

Bachelor of Commerce - Financial Accounting

University of Toronto
Toronto, None
06-1995

Skills

  • Strategic planning
  • Cross-functional collaboration
  • Operations management
  • Cross-functional team coordination

Accomplishments

Successfully leaded multiple financial system implementation projects.

Languages

English
Native or Bilingual
Chinese (Cantonese)
Native or Bilingual
Chinese (Mandarin)
Limited Working

Timeline

Senior Manager, Finance and Accounting (Canada Core Finance Lead)

DELOITTE CANADA
01.2019 - Current

Global Business Lead of Consolidation Stream (Project SWIFT)

DELOITTE CANADA
01.2016 - 01.2019

Senior Manager, Finance and Accounting

DELOITTE CANADA
01.2014 - 01.2016

Consultant / Assistant Manager, Reporting

SUNNYBROOK HEALTH SCIENCES CENTRE
01.2013 - 01.2014

Manager, Capital Assets and Cash (Business Performance & Management)

DIRECT ENERGY MARKETING LTD.
01.2010 - 01.2013

Manager, Financial Accounting & Consolidation (Corporate Finance)

DIRECT ENERGY MARKETING LTD.
01.2003 - 01.2010

CPA -

American Institute of Certified Public Accountant

Certified Management Accountant (CPA, CMA) -

Chartered Professional Accountants of Canada

Bachelor of Commerce - Financial Accounting

University of Toronto
Elaine Chan