Fazal Raza
Brampton,ON
Summary
Strategically-focused, analytical, and insightful Accounting & Finance Professional with over 15 years of experience managing full-cycle accounting, strategic financial planning, and compliance control for national and multinational corporations. Proven track record of successfully steering efficient cost control and accurate financial reporting while adhering to current accounting procedures and policies. Collaborative relationship builder with a talent for sustaining inter-departmental partnerships through proficient interpersonal aptitude. Focuses on fostering cooperation to achieve objectives and meet strict mandates in a timely and efficient manner.
Overview
26
26
years of professional experience
Work History
ACCOUNTING SPECIALIST, FINANCE
College of Physiotherapists of Ontario Toronto, ON (CPO)
01.2016 - 12.2024
- Company Overview: The CPO is a regulatory college which regulates physiotherapists, also known as physical therapists (pts), in the province. It does so not only to protect and serve the public interest but also to support the professional development of physiotherapists. The college assists physiotherapists in maintaining the standards of practice of the profession, and holds them accountable for their conduct and practice, ensuring every patient's right to safe, competent, and ethical care
- Reviewed and processed payments for Board members’ claims and staff expenses
- Coded invoices according to budget and approver input
- Received, distributed for approval, forwarded and archived expense claim forms from publicly appointed councillors, facilitated communication between Ministry and Councillors
- Reconciled bank statements with QuickBooks entries for chequing, credit card clearing and savings accounts
- Prepared information package for annual audit and answered auditor’s questions about Petty Cash, Accounts Payable and Accounts Receivable
- Assisted Director, Corporate Services with preparation and troubleshooting of financial reports, budgets, financial analysis and general journal entries
- Managed Accounts Receivable in collaboration with college teams (e.g
- Revenue recognition of registration fees with Registration, payment of cost orders by Professional Conduct)
- Maintained financial records including profit and loss statements, balance sheets, variance reporting, accounts payable and receivable, and expense claims
- Performed treasury functions which include bank deposits, preparation of bank drafts, of bank balances and monthly reconciliation of database to bank and Moneris
- Supported management team in budget forecasting and preparation, scheduled expenditures, analysed variances and initiating corrective actions
- Prepared all financial statements/reports for internal and external users for review by Director, Corporate Services
- Supported the Director, Corporate Services by working with auditors and external advisors to ensure the accuracy and reliability of annual financial reports
- Developed the annual College budget and prepared all financial statements/reports for internal and external users based on information provided by program Managers and other staff members
- Supported the Comptroller in the development and maintenance of and adherence to appropriate financial policies and controls
- Prepared financial dashboard information required for quarterly reports
- Processed Payroll for staff and board and committee members (semi-monthly)
- Reported to the Director of Finance
- Processed accounts payable and receivable, ensuring timely and accurate financial transactions.
- Improved account reconciliation by identifying discrepancies and resolving issues promptly.
FINANCIAL ASSISTANT, FINANCE
Workplace Safety and Insurance Appeals Tribunal (WSIAT) Toronto, ON
06.2013 - 12.2015
- Company Overview: WSIAT is an Adjudicative Agency within the Ontario administrative justice system, the Tribunal seeks to provide quality adjudication in workplace safety and insurance appeals in accordance with the principles of natural justice on a fair and timely basis. Its legislative interpretations provides workers, employers, the Board, government and the public a well-reasoned commentary on legislation in the workplace safety and insurance system
- Assisted in preparation of financial reports, ensuring accuracy and compliance with regulations.
- Improved data management by organizing and maintaining financial records.
- Processes accounts payable transactions including reviewing and verifying invoices
- Prepares and processes cash receipts and journal entries for input into the General Ledger
- Reconciles and analyzes the bank and other accounts and undertakes special projects as assigned
- Reconciles each payroll run to ADP reports and prepares all payroll transactions into the General Ledger
- Prepares both standard and specialized reports from ACCPAC and transfers the data to Excel spreadsheet when needed
- Determines costs and usage of shared services and allocates them among different service centers
- Prepares quarterly billing for shared services and ensures that recoveries are received
- Performs General Ledger monthly and year-end closing function
- Prepares monthly Statement of Expenditures and verifies transactions for accuracy
- Prepares an analysis of all expenditures based on prior year trends and current information
- Prepares monthly, quarterly and annual expenditure and variance analysis reports
- Reports to the Manager of Finance
ACCOUNTANT, FINANCE
ACSA – Agincourt Community Services Association, Toronto, ON
01.2010 - 01.2011
- Company Overview: ACSA is a non-profit, multi-service agency at the heart of Agincourt addressing needs and empowering children, youth, newcomers, homeless and underserved communities to build a better tomorrow
- Performed Accounts Payable and Accounts Receivable functions
- Prepared monthly/quarterly/annual reports for the Board of Directors and Funders
- Performed additional reporting functions throughthe use of QuickBooks
- Processed Payroll (using Ceridian) for a total of150 staff, including Hourly and Salaried
- Created forms, templates, and spreadsheets in MS Excel
- Set up new G/L revenue and expense accounts
- Prepared Journal Entries
- Reporting to the Director of Finance
- Responsible for reporting, budgeting for different programs and projects, processing Payroll and Accounts Payable and Accounts Receivable
- Managed financial records and ensured accuracy, facilitating seamless audits and compliance.
- Improved efficiency by streamlining accounting processes and implementing new software.
INTERMEDIATE ACCOUNTANT, FINANCE
AOL (AMERICA ONLINE INC.), Toronto, ON
01.2005 - 01.2010
- Company Overview: AOL is one of the largest multi-media digital advertising companies worldwide
- Consistently recognized by Director of Finance for delivering results and providing quality performance in an efficient and professional manner
- Managed journal entry procedures for subscriber revenue for AOL dial-up / high-speed, Netscape online, Netscape High-Speed, CompuServe Classic and CompuServe2000 including extrapolating, organizing, summarizing and finalizing $11 million revenue nationally for over1MM subscribers
- Identified key revenue variances through reconciliation of cycle billings to synthesize and update revenue reports
- Monitored daily client deposits and reconciled12 AOL bank accounts including foreign currency accounts
- Collaborated with co-workers to manage accounting, treasury and financial functions including managing expense accounts for125 employees bi-weekly
- Analyzed financial statements, utilizing objectivity and verifiability with GAAP principles; presented reports and made recommendations to Director of Finance
- Processing weekly operations reports and submitting to senior management and streamlined processes to deliver relevant and timely revenue analysis
- Reported to the Director of Finance for delivering results and providing quality performance in an efficient and professional manner
- Analyzed financial statements to assist in meeting regulatory requirements.
- Improved accuracy by conducting thorough reconciliations of accounts.
INTERMEDIATE ACCOUNTANT
Carlson Marketing Group Canada Ltd.
01.1999 - 01.2005
- Company Overview: Carlson Marketing Group is a North American marketing company with banners: Carlson Wagonlit, Radisson Hotels, and Radisson Cruise Lines
- Monitored bank account balances regularly, transferring funds to the main account and liaising with banks when issues arose concerning deposits, payments and errors
- Employed proficient MS Excel skills to record100 bank transactions monthly (including company payroll), file monthly bank reconciliation for26 CMG bank accounts, and update and analyze AFE Schedules
- Verified, generated and posted approximately200 cash management entries monthly
- Used financial reporting & analysis aptitude to prepare cash flow statements for internal use & clients, amortization schedules for Membership Marketing Division & general ledger reconciliations for CMM Division
- Implemented setup of monthly exchange rates in company’s systems for transaction entry, and setup account codes in Epicor
- Reported to the Manager of Treasury
- Responsible for managing all issues related to cash, P&L as well as provide key support to Accounts Receivable and Accounts Payable during month-end reporting
- Contacted customers to immediately find resolutions for escalated issues.
- Developed strong working relationships with key stakeholders, fostering open communication lines that supported effective problem-solving efforts.
Education
Certified General Accountant -
Certified General Accountancy
Toronto ONCertificate - Accounting
George Brown College
Toronto, ON01.2009
Diploma - Accounting & Programmer Analyst
Centennial College of Applied Arts & Technology
Toronto, ON01.1999
Skills
- Financial Software: Epicor
- Paratrac
- Dynamics 365
- ADP WFN
- RBC PayEdge
- Treasury Software
- ACCPAC Plus65
- QuickBooks Pro2010
- Simply Accounting
- Tax Prep
- Paymentech
- Business Objects
- TIAPPs
- Cognos Reporting (Revenue)
- ACCPAC skill set: Creating Journal entries, Accounts payable invoices, Accounts Receivable entries, Printing cheques, Printing financial statements using F9, printing aged reports, Printing account details, adding new GL accounts, importing journal entries, Bank Reconciliation module
- QuickBooks Online Advanced Skill Set: Creating and Printing Journal Entries, Opening New Purchase Orders, Creating New Vendors, Creating New Employees, Entering Invoices, Pay Bills function, Printing Cheques, Creating New Accounts, Printing Financial Statements, Printing Trial Balance, adjusting entries, Printing Aged Payable and Aged Receivables reports, Vendor Transaction listings and creating custom reports using customized reporting function
- Application Software: MS Google, MS Word, Excel, Access, Outlook, PowerPoint
- Lotus Notes
- Windows11
- Excel skill set: Intermediate level – Creating multiple pivot tables, using formulas such as sort, custom sort, criteria, go to, find and replace, copy visible cells only, creating charts,concatenating data, conditional formatting, editing, transposing, protecting files, creating templates for accounting purpose, sorting, filtering, subtotals, Vlookup, creating CSV file formats for quick upload to accounting software
- Expense tracking
- Budget management
- Financial analysis
- Payroll processing
- Account reconciliation
- Preparationtion
Core Areas of Expertise
- Canadian & US GAAP Principles
- Financial System Management
- Accounts Payable/Receivable
- Payroll Processing
- General Ledger Accounts
- Corporate & Income Tax Preparation
- Variance Analysis Operation
- Budgeting & Forecasting
- Cost Control & Optimization
- Operational Administration
Timeline
ACCOUNTING SPECIALIST, FINANCE
College of Physiotherapists of Ontario Toronto, ON (CPO)
01.2016 - 12.2024
FINANCIAL ASSISTANT, FINANCE
Workplace Safety and Insurance Appeals Tribunal (WSIAT) Toronto, ON
06.2013 - 12.2015
ACCOUNTANT, FINANCE
ACSA – Agincourt Community Services Association, Toronto, ON
01.2010 - 01.2011
INTERMEDIATE ACCOUNTANT, FINANCE
AOL (AMERICA ONLINE INC.), Toronto, ON
01.2005 - 01.2010
INTERMEDIATE ACCOUNTANT
Carlson Marketing Group Canada Ltd.
01.1999 - 01.2005
Certificate - Accounting
George Brown College
Diploma - Accounting & Programmer Analyst
Centennial College of Applied Arts & Technology
Certified General Accountant -
Certified General Accountancy
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