Towsif Ahmed
Toronto,ON
Summary
Resourceful, meticulous finance professional with over 7 experience years in management, HealthTech, SAAS, CPG and manufacturing industries. Dedicated team player with history of meeting company goals efficiently utilizing consistent and organized practices. Skilled in working under pressure and adapting to new situations and challenges to best enhance the organizational brand.
Overview
9
9
years of professional experience
1
1
Certification
Work History
Director of Finance and Operations
Cytochrome Technologies
02.2023 - Current
- Set clear departmental objectives and developed effective strategies to achieve targeted goals.
- Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
- Analyzed financial data regarding product performance and customer performance and developed reports for key stakeholders.
- Generated financial and operational reports to assist management with business strategy.
- Established and enforced controls on revenue and expenses to protect company assets.
- Reduced process discrepancies through measured implementation of performance reporting and data systems.
Finance Manager
Viv Technologies
12.2020 - 01.2023
- Prepared consolidated balance sheets, cash flow and income statements for parent company and 3 of its subsidiaries under US GAAP
- Construction and analyzing of annual budgets, forecast vs actuals to prepare high-level variance analysis and increase cost savings by 10K per month for all business segments
- Assisted in upper-level decision making by creating comprehensive financial reports and strategic business plans
- Collaboration with Sales, Marketing, Product and Operations for growth opportunities
- Supported leadership team in Go-To-Market strategies, client pricing models and board meetings.
- Managed financial and customer KPI metrics (ARR, LTV:CAC, NPS, GM %) for result and quality enhancement
- Used Tableau and QuickBooks to prepare weekly & monthly financial reports, intercompany transactions, management of accounts payable, accounts receivable, credit card management
- Built and streamlined amortization schedules, interest rate schedules on business loans and cost allocation models between companies
- Completed month-end, quarter-end and year-end close processes through payroll, accrual, forex ,AOCI, reconciliation, account analysis and effectively reducing closing process by 2 days
- Partnered with sales heads in developing SEOs and digital campaigns on Google AdWords, Indeed and Verified Reviews boosting sales by 10%
- Executed client and vendor setup and payment, administration of bank accounts and invoicing
- Trained new and existing staff members in various financial procedures to prepare for job requirements
- Assisted in sale of business segments by identifying correct valuation of assets and potential revenue streams
Senior Accounting Analyst
Apollo Health and Beauty Care
11.2019 - 11.2020
- Analyzed financial data & customer behavior to identify financial trends and patterns to serve as predictors for future marketplace actions.
- Construction & maintenance of annual corporate budgets, Sku level P&Ls, sales, cost & trade spend variance analysis
- Bottom up analysis of plan vs actual, preparation of cause of change waterfall & key changes in planning assumptions
- Preparation of month end financials, GL entries for payroll, accruals, AR&AP trial balance & sales commission calculations under GAAP
- Collaboration with sales and operations to maintain SOP, build pricing strategies, reduce cost & operational inefficiencies like OTIF
- Assisting the Director & CFO with Capital projects, providing key research and presentation for new production lines to the leadership team
Accounting Analyst
Apollo Health and Beauty Care
09.2018 - 10.2019
- Performed day-to-day financial transactions, including verifying, classifying, computing, posting and recording accounts receivable data and reconciled daily totals to confirm proper accounting.
- Followed detailed end-of-month accounting procedures to verify proper balancing of all accounts and readiness for new month.
- Mitigated financial discrepancies from trade deductions and collected over $300K.
- Managed client accounts over $300M while maintaining & improving aging reports.
Financial Analyst
PepsiCo
02.2015 - 06.2016
- Supported the Director and Manager(s) in the development of the 2016 Annual Operating Plan, P&L line item variance analysis and modeling.
- Constructed and developed 2016 Foodservice Trade Hierarchy within Compass application for all Direct and Indirect customer base(+250 clients).
- Lead creation of +1,200 trade promotional events in Compass leading to more efficient allocation within 2016 of client contractual payments and trade deduction allocation.
Education
Bachelors of Commerce - Accounting And Finance
York University
Toronto,ONSkills
- Financial analysis and Modeling
- Forecasting and Budgeting
- Cash status handling, Credit Card management, KPI and Staff management
- Board Deck presentations
- Proficient in MS Excel, Excel Queries, Syspro and Oracle Database
- Skilled in Google sheets, Google analytics, Tableau and QuickBooks
- Data mining, sorting and presenting
- Macro, Lookup functions, Pivots, VBA
- Process improvement
- Cost control and reduction
- Relationship building and management
Certification
CFA - Level 1 Candidate
FMVA - Current enrollment
Google SQL analytics certificate - Current enrollment
Timeline
Director of Finance and Operations
Cytochrome Technologies
02.2023 - Current
Finance Manager
Viv Technologies
12.2020 - 01.2023
Senior Accounting Analyst
Apollo Health and Beauty Care
11.2019 - 11.2020
Accounting Analyst
Apollo Health and Beauty Care
09.2018 - 10.2019
Financial Analyst
PepsiCo
02.2015 - 06.2016
Bachelors of Commerce - Accounting And Finance
York University
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