David Benchimol, CPA, CMA
Director of Finance at HumanisRx- Claim this Profile
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Bio
Experience
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HumanisRx
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Canada
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Hospitals and Health Care
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1 - 100 Employee
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Director of Finance
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Dec 2020 - Present
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Remedy'sRx Specialty Pharmacy
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Markham, Ontario
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National Director of Finance
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Dec 2017 - Nov 2020
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Self-Employed
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Vaughan, Ontario
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Consultant
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Feb 2016 - Jan 2020
• Responsible for financial reporting for 8 legal entities (domestic and foreign) • File HST, provincial and US sales taxes • Oversee HST audit for 2 separate companies • Manage year-end audits for various companies • Syspro ERP software implementation for Canadian, US and China companies • Train accounting staff • Budget preparation and P&L analysis • Obtain property, general liability and cargo insurance • Responsible for financial reporting for 8 legal entities (domestic and foreign) • File HST, provincial and US sales taxes • Oversee HST audit for 2 separate companies • Manage year-end audits for various companies • Syspro ERP software implementation for Canadian, US and China companies • Train accounting staff • Budget preparation and P&L analysis • Obtain property, general liability and cargo insurance
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Vexos
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United States
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Appliances, Electrical, and Electronics Manufacturing
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100 - 200 Employee
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VP of Finance
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Jul 2013 - Jan 2016
Vexos (formerly doing business under the names STACI Corp and EPM Global Services), provides custom-designed electronics manufacturing and related components with supply chain solutions to mid-sized Original Equipment Manufacturers. Our highly experienced team continually strives to earn our customers' long-term loyalty by working to deliver integrated solutions with a strong commitment to quality. With manufacturing locations in the US, Canada and Asia, our global infrastructure and solutions provide the flexibility to fit all of our customer needs — from the simplest to the most complex. To learn more, please visit us on the web at vexos.com. • Manage activities and performance of 12 subordinates in Canada and Asia through direct and indirect reports • Oversee internal financial reporting for 5 divisions • P&L management, variance analysis, KPI reporting, MD&A and consolidations • Responsible for weekly flash report detailing sales forecast, EBITDA, cash flow analysis and head count • Oversee budgeting process • Foreign exchange hedging • Responsible for government tax audits • Tax compliance, process and system improvements • Approve non-inventory purchases • Manage lease and insurance renewal • Monitor customer payments and credit limits • Ensure payments to suppliers are within established payment terms • Cheque signing authority/wire payment approvals for Canada and Asia • Prepare audited financial statements for Canada • Ensure timely completion of year-end audits for all entities • Ensure transfer pricing documentation is complete and up to date • Completion of due diligence schedules Show less
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Vexos (formerly EPM Global Services Inc.)
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Markham, Ontario
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Corporate/Plant Controller
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Oct 2002 - Jun 2013
• Manage activities and performance up to 5 subordinates • Manage daily cash flow and monitor against margin availability • Oversee internal financial reporting for 5 entities • Ensure account reconciliations are completed on a monthly basis • Obtain trade and bank references for new customer accounts • Monitor customer payments and credit limits • Ensure payments to suppliers are within established payment terms • Prepare audited financial statements for Canada • Responsible for year-end Canada audit schedules and supporting documentation for tax return • Provide accounting support to China division • Ensure transfer pricing documentation is complete and up to date • Completed ADP payroll conversion in 2 month time frame • Implemented accounting system in China in 3 month time frame Show less
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GN Nettest
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Markham, Ontario
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Assistant Controller
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Aug 2000 - May 2002
• Manage A/R and A/P clerks and provide training • Prepare and oversee monthly journal entries and closing • Prepare monthly internal reports detailing departmental expenses and capital spending • Review and control and control all sales tax remittances • Track R&D expenditures for International Accounting Standards • Assist with budgeting process • Reconcile banks, deposits, prepaids and inventory • Maintain fixed assets subledger • Responsible for intercompany reporting Show less
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JemPak Canada Inc
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Canada
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Chemical Manufacturing
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1 - 100 Employee
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Accounting Supervisor
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Aug 1998 - Jul 2000
• Supervise one accounting clerk • Handle all accounting functions for 2 plants and 2 warehouses • Prepare and analyze monthly divisional results by way of material margins, gross margins and expenses • Reconcile inventories, fixed assets and prepaids • Maintain and control monthly product cost reports to ensure proper valuation of inventory and production • Prepare and analyze conversion costs on a quarterly basis • Monitor capital expenditures on a monthly basis • Responsible for verification and timely payments of sales taxes and customer rebates Show less
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Bridgestone/Firestone Canada Inc.
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Mississauga, Ontario
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Financial Services Co-ordinator
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Jul 1995 - Jul 1998
• Supervise 2 accounting subordinates • Responsible for month-end activities • Authorized to sign cheques • Analyze gross margins by brand and product line • Develop annual budgets for balance sheet and revenues • Consolidate the financial statements of 4 reporting units • Analyze monthly variances on departmental expenses • Administer volume bonus program • Assisted in the conversion to SAP system • Deal with internal and external auditors • Complete year-end audit schedules Show less
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Education
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University of Toronto
Bachelor of Commerce, Accounting, Economics -
Newtonbrook Secondary School