Summary
Overview
Work History
Education
Skills
References
Timeline
Generic

Neil Edward

Sudbury,Ontario

Summary

Focused CFO/ former business owner promoting more than 20 years' financial controller experience successfully working for a few leading mining supply manufacturers. Courteous and cordial with desire to take on challenges at a new company.

Adept at enabling company growth and key operational improvements by weighing corporate objectives effectively and offering timely advice. Expert problem-solver and planner with demonstrated business leadership skills. Talented professional with expertise managing all aspects of financial operations. Adept in improving internal controls to mitigate risks and developing high-performing teams. Accomplished in guiding financial strategies that contribute to exponential organizational growth.

Overview

21
21
years of professional experience

Work History

Financial Controller

Komatsu
Greater Sudbury, Ontario
06.2021 - Current
  • Prepared monthly, quarterly, and annual financial reports for management review.
  • Developed and implemented financial policies, procedures, and internal controls.
  • Oversaw accounts payable and receivable functions, cash flow management, budgeting and forecasting.
  • Reviewed bank reconciliations on a regular basis to ensure accuracy of data.
  • Managed month-end closing process including journal entries and account analysis.
  • Maintained accurate records of all financial transactions in the general ledger system.
  • Created detailed budgets for each department within the organization.
  • Performed variance analysis between actual results and budgeted amounts.
  • Assisted in the preparation of tax filings in accordance with local laws.
  • Advised senior management on making informed decisions regarding capital investments.
  • Collaborated with IT department to optimize use of software systems for tracking finances.
  • Reviewed financial controls for internal disbursement processes to create streamlined and secure payment environment.

Controller

PowerTel Utilities Contractors
Sudbury, ON
08.2020 - 06.2021
  • Oversaw financial reporting, accounts payable and receivable, asset coordination, account management and budgets.
  • Managed cash flows to optimize year-end tax benefits.
  • Prepared and presented operational reports to senior management and executive teams.
  • Coordinated and finalized quarterly and annual financial reporting packages.
  • Led annual financial audit and preparation of support for audited financial statements.
  • Created internal controls and corrective actions to reduce risk or deficiencies.
  • Performed variance analysis between actual results and budgeted amounts.
  • Assisted in the preparation of tax filings in accordance with local laws.
  • Advised senior management on making informed decisions regarding capital investments.
  • Oversaw month-end closing process, prepared financial statements and managed advanced reconciliations.

CFO/Managing Director

RDH Scharf
Alban, ON
02.2018 - 05.2020
  • Responsible for all weekly, monthly, quarterly, year end reporting for the Canadian subsidiary as well as following IFRS standards when reporting for the publicly traded parent company in Europe.
  • Responsible for financing the Canadian subsidiary, debt management.
  • Managed employment agreements, compensation plans, salary analysis and corporate governance.
  • Established, enforced and updated policies keeping business agile and responsive to changing market conditions.
  • Maximized efficiency of operational systems by updating internal frameworks and controls.
  • Contributed to professional development of client staff through effective training and mentor-ship.
  • Administered payroll, retirement-plan contribution tracking and health and welfare outsourcing.
  • Provided key influence to ownership group while overseeing job specifications and budgets.
  • Set and administered annual operating budget, consistently maintaining controls and preventing overages.

Business Owner/ CFO/ HR Manager

RDH Mining Equipment
Alban, ON
04.2011 - 02.2018
  • Co-owned the company with three other partners, growing the company from $5 million to $25 million in sales.
  • Responsible for all company financing as well as financing customer orders of equipment and parts.
  • Responsible for monthly reporting and year end reporting.
  • Updated financial accounts with current revenue and expense data and quickly resolved discrepancies to maintain compliance.
  • Collaborated with staff to maximize customer satisfaction, streamline procedures and improve bottom-line profitability.
  • Reconciled daily sales, returns, and financial transaction reports and prepared bank deposits.
  • Developed favorable relationships with vendors and contractors.
  • Maintained records for job costing, production, inventory, income, and expenses.
  • Presented products at events and tradeshows to increase brand awareness.

CFO/HR Manager

RDH Mining Equipment
Alban, ON
06.2006 - 03.2011
  • Managed company-wide budgets, payroll, accounting and all other financial operations.
  • Directed fiscal functions and informational technology activities and installed financial management systems to achieve organizational objectives and enhance performance.
  • Oversaw monthly, quarterly and annual financial reporting while developing annual operational budget and yearly projections.
  • Collaborated with external auditors to prepare annual financial reports, tax returns and pension plan financial statements.
  • Developed and monitored internal control systems.
  • Revitalized business plans and realigned company objectives to increase overall profits.
  • Offered departments, such as human resources and legal, advice regarding financial matters.
  • Negotiated and managed contractual agreements to secure ideal terms and drive effective financial engagements.
  • Prepared financial forecasts to support fiscal planning and management.
  • Analyzed compensation and benefits policies to develop modifications and establish competitive programs.

Auditor/Accountant Intern

Ross, Pope & Company
Kirkland Lake, ON
09.2003 - 06.2006
  • Assessed potential risks, evaluated controls and conducted compliance testing.
  • Facilitated successful internal and external audits through sound and thorough documentation.
  • Prepared special audits and control reports by analyzing trends.
  • Managed completion of planned audits, reviewed records and procedures for accuracy to accomplish objectives and appraised policies and plans under audit review.
  • Performed audits of operational and financial areas to check compliance.
  • Verified assets and liabilities by comparing items to documentation.
  • Prepared budgets, developed reports and coordinated with management to identify risks.

Education

Honours Bachelor of Commerce Degree - Accounting/Finance

Laurentian University
Greater Sudbury, ON
05.2003

Skills

  • Profit and loss analysis
  • Human Resources management
  • Recruiting
  • Staff training and development
  • GAAP Accounting
  • Financial statement analysis
  • Forecasting expertise
  • Financial planner
  • Financial Auditing
  • General ledger entries
  • A/P and A/R
  • Financial Management
  • Payroll administration
  • HST and WSIB remittance
  • Accounting and bookkeeping
  • Bank reconciliations and balancing
  • Reporting
  • Payroll management
  • Year-end close
  • Familiar with OHRS
  • Corporate finance
  • Financial Forecasting
  • Balance sheet management
  • Budget Development
  • Cash Flow Management
  • Internal Controls
  • Variance Analysis

References

Cristina Tonus

Benefits Administrator

Health Sciences North

Phone:(705) 822-1895

___________________________________

Anne Downey

Executive Assistant-Finance

Legend Boats

Phone:(705) 928-5571

___________________________________

Justin Barter

Operations Manager

Timberock/Komatsu

Phone:(705) 208-2404

Timeline

Financial Controller

Komatsu
06.2021 - Current

Controller

PowerTel Utilities Contractors
08.2020 - 06.2021

CFO/Managing Director

RDH Scharf
02.2018 - 05.2020

Business Owner/ CFO/ HR Manager

RDH Mining Equipment
04.2011 - 02.2018

CFO/HR Manager

RDH Mining Equipment
06.2006 - 03.2011

Auditor/Accountant Intern

Ross, Pope & Company
09.2003 - 06.2006

Honours Bachelor of Commerce Degree - Accounting/Finance

Laurentian University

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