SUSAN BANNI

• Manages daily operations of the accounting department with 3 direct reports by providing leadership and support to Accounts Receivable, Accounts Payable, Payroll and Call Centre Reconciliation.
• Create and analyze monthly financial reporting packages, monitoring the financial performance of both the Canadian and US divisions.
• Oversees month-end variance analysis for Directors on significant trends for further investigation.
• Manage and lead the annual budget process by working closely with multiple departments.
• Collaborated with executive leadership on long-term financial forecasting and strategic goals development.
• Ensure T4s and all government filings are issued in a timely and accurate manner.

Achievements:

• Implemented a month-end process and financial reporting package
• Streamlined year-end audit by 3 months

• Managed and developed talent of a team of 6 responsible for Accounts Receivable, Accounts Payable, General Accounting, Banking and Fixed Assets.
• Lead the financial planning, budgeting and forecasting processes to enable the organization to effectively plan, monitor and respond to business risks and opportunities.
• Experience with multiple entity financial consolidations.
• Evaluate ERP operational reporting requirements and propose improvements.
• Key local contact for all External Audits.

Achievement:

• Executed Month End processes and reports to meet Corporate deadlines after implementation of new ERP system.

• Guided a team of 7 responsible for Accounts Receivable, Accounts Payable, Payroll, General Accounting, Banking and Fixed Assets.
• Endured overall responsibility for the financial monthly closing process to be completed accurately and timely according to U.S. Corporate reporting deadlines.
• Implemented internal controls, policies and procedures and achieves Sarbanes-Oxley compliance.

• Accountable for managing all aspects of Corporate Accounting, Financial Reporting, Accounts Payable, Accounts Receivable, Cash Management, Payroll and HR in a timely and accurate manner.
• Consolidation of USA and Canadian Financial Statements for head office in the U.S.
• Administered and controlled Budget and expenditures, identifying and explaining variances to Actual results monthly to Executive Team.

Achievements:

• Reduced DSO by 8 days and minimized company's risk through the development of Credit and Collection Policies.
• Implemented and Outsourced Payroll Solution.

• Directed an Accounting team responsible for Cost Accounting, Inventory Control, Accounts Payable, Accounts Receivable and Payroll.
• Directed and managed the Financial Planning and Budgeting processes.
• Managed cash resources including Foreign Exchange, Bank activities and all other Treasury functions.

Achievement:

• Management of tight cash flows by assuming responsibility for establishing and maintaining effective business relations with vendors and customers.

• Prepared and consolidated all intercompany transactions, monthly reports and year end statements for the company and its subsidiary companies – US and Mexico.
• Responsible for implementing strong internal control for Sarbanes-Oxley to ensure compliance to accounting and financial policies of the parent company in the U.S.

Achievement:

• Reduced month end closing by 1 day even with the addition of 2 foreign subsidiaries.