Jiten Mehta

BU Controller at The Hi-Tech Gears Ltd.
  • Claim this Profile
Contact Information
us****@****om
(386) 825-5501
Location
Greater Toronto Area, Canada, CA
Languages
  • English -
  • Hindi -
  • PUNJABI -
Skills

Topline Score

Topline score feature will be out soon.

Bio

Generated by
Topline AI

You need to have a working account to view this content.
Join now
You need to have a working account to view this content.
Join now

Credentials

  • Corporate Finance Fundamentals
    Corporate Finance Institute
    Jun, 2023
    - Nov, 2024
  • AGILE Fundamentals with SCRUM, KANBAN
    Udemy
    Nov, 2019
    - Nov, 2024
  • SOX Controls
    Udemy
    May, 2019
    - Nov, 2024
  • Certified Lean Six Sigma Green Belt
    VarSigma Consulting
    Feb, 2018
    - Nov, 2024
  • Anti Money Laundering Certification
    Udemy
  • Certification in Forensic Accounting and Investigation
    Udemy

Experience

  • The Hi-Tech Gears Ltd.
    • India
    • Automotive
    • 300 - 400 Employee
    • BU Controller
      • Jun 2020 - Present

      • Responsible for leading finance and accounting operations of Canada and USA plants • EBITDA analysis, Variance bridge, KPIs for US and Canada entities • Track product-wise profitability, inefficiency analysis, COPQ • Recovery PMO Projects- opportunities, review & analysis • Month, Quarter & Year closing, Segmental PL • Monitor AP, AR performance and ensure compliance with company standards • Presenting Business case for New Projects, Continuous improvement opportunities… Show more • Responsible for leading finance and accounting operations of Canada and USA plants • EBITDA analysis, Variance bridge, KPIs for US and Canada entities • Track product-wise profitability, inefficiency analysis, COPQ • Recovery PMO Projects- opportunities, review & analysis • Month, Quarter & Year closing, Segmental PL • Monitor AP, AR performance and ensure compliance with company standards • Presenting Business case for New Projects, Continuous improvement opportunities • Work closely with Operations and provide inputs to achieve business objectives, efficiencies, targets • Adhere to Internal Financial Controls and Statutory compliance • Periodic physical inventory count, accuracy in transactions and valuation. NRV testing • Financial statements for Consolidation & Audit • Communicate with External Auditors, Bankers & Tax office including remediation of audit findings/issues • Prepare Annual operation plan, Quarterly and Monthly Budgets • Manage Cash Flow, CAPEX & OPEX approvals • Liaison with FIs for smooth fund flow, review audits, functioning & compliance • Debt Restructuring, Negotiating terms & Covenants for Senior Debt and ABL facility, Term Loan • Reporting & Compliance of Loan and equipment financing covenants • Hiring, Mentoring & Training Show less • Responsible for leading finance and accounting operations of Canada and USA plants • EBITDA analysis, Variance bridge, KPIs for US and Canada entities • Track product-wise profitability, inefficiency analysis, COPQ • Recovery PMO Projects- opportunities, review & analysis • Month, Quarter & Year closing, Segmental PL • Monitor AP, AR performance and ensure compliance with company standards • Presenting Business case for New Projects, Continuous improvement opportunities… Show more • Responsible for leading finance and accounting operations of Canada and USA plants • EBITDA analysis, Variance bridge, KPIs for US and Canada entities • Track product-wise profitability, inefficiency analysis, COPQ • Recovery PMO Projects- opportunities, review & analysis • Month, Quarter & Year closing, Segmental PL • Monitor AP, AR performance and ensure compliance with company standards • Presenting Business case for New Projects, Continuous improvement opportunities • Work closely with Operations and provide inputs to achieve business objectives, efficiencies, targets • Adhere to Internal Financial Controls and Statutory compliance • Periodic physical inventory count, accuracy in transactions and valuation. NRV testing • Financial statements for Consolidation & Audit • Communicate with External Auditors, Bankers & Tax office including remediation of audit findings/issues • Prepare Annual operation plan, Quarterly and Monthly Budgets • Manage Cash Flow, CAPEX & OPEX approvals • Liaison with FIs for smooth fund flow, review audits, functioning & compliance • Debt Restructuring, Negotiating terms & Covenants for Senior Debt and ABL facility, Term Loan • Reporting & Compliance of Loan and equipment financing covenants • Hiring, Mentoring & Training Show less

  • Cascades
    • Canada
    • Packaging and Containers Manufacturing
    • 700 & Above Employee
    • Assistant Controller
      • Apr 2019 - Jun 2020

      • Analyze EBITDA and summarise Key Performance Indicators • Monthly sales and statistical reports/information for the Controller, COO, and VP Sales • Documentation and audit working papers for the SOX, internal, external year-end audit • Assist in AP, AR collection/management • Assist in the preparation of yearly budgets and cash flows as required • Monitor actual expenses against budget on monthly basis • Responsible for managing operational data and ensuring data… Show more • Analyze EBITDA and summarise Key Performance Indicators • Monthly sales and statistical reports/information for the Controller, COO, and VP Sales • Documentation and audit working papers for the SOX, internal, external year-end audit • Assist in AP, AR collection/management • Assist in the preparation of yearly budgets and cash flows as required • Monitor actual expenses against budget on monthly basis • Responsible for managing operational data and ensuring data integrity and accuracy • Create, calculate, and post month-end journal entries • Reconciliation of Balance sheet & General ledger accounts, Inter company balances (CAD/USD) • Review of Non-stock POs • Approve AR/AP adjustments • Create accruals and review monthly and year-end financial statements • Review inventory balances and posting periodic inventory adjustments, NRV testing Show less • Analyze EBITDA and summarise Key Performance Indicators • Monthly sales and statistical reports/information for the Controller, COO, and VP Sales • Documentation and audit working papers for the SOX, internal, external year-end audit • Assist in AP, AR collection/management • Assist in the preparation of yearly budgets and cash flows as required • Monitor actual expenses against budget on monthly basis • Responsible for managing operational data and ensuring data… Show more • Analyze EBITDA and summarise Key Performance Indicators • Monthly sales and statistical reports/information for the Controller, COO, and VP Sales • Documentation and audit working papers for the SOX, internal, external year-end audit • Assist in AP, AR collection/management • Assist in the preparation of yearly budgets and cash flows as required • Monitor actual expenses against budget on monthly basis • Responsible for managing operational data and ensuring data integrity and accuracy • Create, calculate, and post month-end journal entries • Reconciliation of Balance sheet & General ledger accounts, Inter company balances (CAD/USD) • Review of Non-stock POs • Approve AR/AP adjustments • Create accruals and review monthly and year-end financial statements • Review inventory balances and posting periodic inventory adjustments, NRV testing Show less

  • SWIFT Accounting
    • Mississauga, Ontario, Canada
    • Senior Accountant
      • Nov 2018 - Apr 2019

      • HST/GST Monthly, Quarterly & Annual return for Clients in Ontario, Saskatchewan • HST Audit & interaction with CRA for conclusion of audit • Financial statements, MIS, KPIs, Contribution analysis, AP / AR ageing, Variance report • Responsible to prepare NTR in CASEWARE Software • Working Knowledge of Profile for preparing T4, 4A, T5 • Preparing business plan for Bank loan proposal • Mentoring & Training • HST/GST Monthly, Quarterly & Annual return for Clients in Ontario, Saskatchewan • HST Audit & interaction with CRA for conclusion of audit • Financial statements, MIS, KPIs, Contribution analysis, AP / AR ageing, Variance report • Responsible to prepare NTR in CASEWARE Software • Working Knowledge of Profile for preparing T4, 4A, T5 • Preparing business plan for Bank loan proposal • Mentoring & Training

  • OKUMA Corporation
    • New Delhi Area, India
    • Controller
      • Jan 2016 - Oct 2018

      • JSOX, IFC, GST • Business Process Improvement thru Six Sigma - PDCA, Process Mapping, Pareto Analysis. • Financial Statements, MIS, EBITDA and Variance analysis. Evaluation of New business strategies. • Analyse AR aging reports, worked with Operations Managers to address discrepancies and provided support in resolving customer issues • Monitored AP transactions, ensured invoices, purchase orders and delivery slips are correctly matching with the appropriate vendors and printing… Show more • JSOX, IFC, GST • Business Process Improvement thru Six Sigma - PDCA, Process Mapping, Pareto Analysis. • Financial Statements, MIS, EBITDA and Variance analysis. Evaluation of New business strategies. • Analyse AR aging reports, worked with Operations Managers to address discrepancies and provided support in resolving customer issues • Monitored AP transactions, ensured invoices, purchase orders and delivery slips are correctly matching with the appropriate vendors and printing cheques • Supervise month end closing processes and handled ad-hoc reports requests • Compliance & Maintenance of records for Income Tax, Service Tax, Sales Tax, GST • Liaison with External, Internal Auditors (Japanese) for conclusion of Audit reports. • Hiring, Training & Mentoring Show less • JSOX, IFC, GST • Business Process Improvement thru Six Sigma - PDCA, Process Mapping, Pareto Analysis. • Financial Statements, MIS, EBITDA and Variance analysis. Evaluation of New business strategies. • Analyse AR aging reports, worked with Operations Managers to address discrepancies and provided support in resolving customer issues • Monitored AP transactions, ensured invoices, purchase orders and delivery slips are correctly matching with the appropriate vendors and printing… Show more • JSOX, IFC, GST • Business Process Improvement thru Six Sigma - PDCA, Process Mapping, Pareto Analysis. • Financial Statements, MIS, EBITDA and Variance analysis. Evaluation of New business strategies. • Analyse AR aging reports, worked with Operations Managers to address discrepancies and provided support in resolving customer issues • Monitored AP transactions, ensured invoices, purchase orders and delivery slips are correctly matching with the appropriate vendors and printing cheques • Supervise month end closing processes and handled ad-hoc reports requests • Compliance & Maintenance of records for Income Tax, Service Tax, Sales Tax, GST • Liaison with External, Internal Auditors (Japanese) for conclusion of Audit reports. • Hiring, Training & Mentoring Show less

  • CANAM CPA (Canada)
    • Toronto, Canada Area
    • Senior Accountant
      • Sep 2015 - Nov 2015

      MIS, Variance analysis GST returns Financial Statements Bank Proposals for CAPEX, Term Loan, LOC MIS, Variance analysis GST returns Financial Statements Bank Proposals for CAPEX, Term Loan, LOC

  • OKUMA Corporation
    • New Delhi, Delhi, India
    • Controller
      • Feb 2008 - Jul 2015

      • Six Sigma projects, JSOX, BCP • Financial Planning and Strategy, Credit risk analytics, Operational risk analysis • Preparing Annual budgets & monthly variance analysis. • Review Revenue, Gtoss Margin and EBITDA on monthly and quarterly basis. • Approving Vendor setup & invoice for payment. • Supervising & guiding the team for timely processing of revenue, expenditure bills. • Develop and implement finance, accounting, billing, and control procedures. • Analyze cash… Show more • Six Sigma projects, JSOX, BCP • Financial Planning and Strategy, Credit risk analytics, Operational risk analysis • Preparing Annual budgets & monthly variance analysis. • Review Revenue, Gtoss Margin and EBITDA on monthly and quarterly basis. • Approving Vendor setup & invoice for payment. • Supervising & guiding the team for timely processing of revenue, expenditure bills. • Develop and implement finance, accounting, billing, and control procedures. • Analyze cash flow, cost controls, and expenses to guide business leaders. • Ensure all Banks are reconciled on monthly basis. • Liaison with the Banks to ensure smooth functioning of operations. • Compliance of Income Tax, Service Tax, Sales Tax & Documentation. • Analyze Financial statements to pinpoint potential weak areas. Show less • Six Sigma projects, JSOX, BCP • Financial Planning and Strategy, Credit risk analytics, Operational risk analysis • Preparing Annual budgets & monthly variance analysis. • Review Revenue, Gtoss Margin and EBITDA on monthly and quarterly basis. • Approving Vendor setup & invoice for payment. • Supervising & guiding the team for timely processing of revenue, expenditure bills. • Develop and implement finance, accounting, billing, and control procedures. • Analyze cash… Show more • Six Sigma projects, JSOX, BCP • Financial Planning and Strategy, Credit risk analytics, Operational risk analysis • Preparing Annual budgets & monthly variance analysis. • Review Revenue, Gtoss Margin and EBITDA on monthly and quarterly basis. • Approving Vendor setup & invoice for payment. • Supervising & guiding the team for timely processing of revenue, expenditure bills. • Develop and implement finance, accounting, billing, and control procedures. • Analyze cash flow, cost controls, and expenses to guide business leaders. • Ensure all Banks are reconciled on monthly basis. • Liaison with the Banks to ensure smooth functioning of operations. • Compliance of Income Tax, Service Tax, Sales Tax & Documentation. • Analyze Financial statements to pinpoint potential weak areas. Show less

  • Gupta Vigg & Co.
    • India
    • Accounting
    • 1 - 100 Employee
    • Team Leader (Auditing, Taxation & Consulting)
      • Sep 2007 - Feb 2008

      • Meeting the International Clients to develop an understanding of business & processes. • Performed Business Risk Assessments, Research on key business activities and utilized the information to guide what to cover in audits. • Provided support and guidance to Client management on Tax compliances while exploring new opportunities / business vertical. • Performed Credit Analysis, Risk Assessment & Reporting for a Leading Global Bank. • Performed Statutory Audit of Manufacturing,… Show more • Meeting the International Clients to develop an understanding of business & processes. • Performed Business Risk Assessments, Research on key business activities and utilized the information to guide what to cover in audits. • Provided support and guidance to Client management on Tax compliances while exploring new opportunities / business vertical. • Performed Credit Analysis, Risk Assessment & Reporting for a Leading Global Bank. • Performed Statutory Audit of Manufacturing, Service Sector, Real Estate organization. • Performed Limited Review of Quarterly Financial Statements of Listed Companies. • Income Tax compliance related to Expatriates & National staff. • Deal with Income Tax, Sales Tax, Service Tax officers for conclusion of Assessment and Audits. • Hiring, Mentoring & Training Show less • Meeting the International Clients to develop an understanding of business & processes. • Performed Business Risk Assessments, Research on key business activities and utilized the information to guide what to cover in audits. • Provided support and guidance to Client management on Tax compliances while exploring new opportunities / business vertical. • Performed Credit Analysis, Risk Assessment & Reporting for a Leading Global Bank. • Performed Statutory Audit of Manufacturing,… Show more • Meeting the International Clients to develop an understanding of business & processes. • Performed Business Risk Assessments, Research on key business activities and utilized the information to guide what to cover in audits. • Provided support and guidance to Client management on Tax compliances while exploring new opportunities / business vertical. • Performed Credit Analysis, Risk Assessment & Reporting for a Leading Global Bank. • Performed Statutory Audit of Manufacturing, Service Sector, Real Estate organization. • Performed Limited Review of Quarterly Financial Statements of Listed Companies. • Income Tax compliance related to Expatriates & National staff. • Deal with Income Tax, Sales Tax, Service Tax officers for conclusion of Assessment and Audits. • Hiring, Mentoring & Training Show less

  • American Express
    • United States
    • Financial Services
    • 700 & Above Employee
    • Financial Analyst
      • Jan 2006 - Aug 2007

      • Research & Analysis to resolve query of business partner in LAC region. • Communication with business partners in LAC region. . Month end entries. • Ensured SLA timelines are met for submission of Daily & Monthly reports to business partners in LAC region • Mentor-buddy for New Hires • Training team members and new hires. • Employee Engagement Events being Member of EAT Team. • Project : Analysis of E-Rated Bank Accounts to comply SOX. Root cause and posting… Show more • Research & Analysis to resolve query of business partner in LAC region. • Communication with business partners in LAC region. . Month end entries. • Ensured SLA timelines are met for submission of Daily & Monthly reports to business partners in LAC region • Mentor-buddy for New Hires • Training team members and new hires. • Employee Engagement Events being Member of EAT Team. • Project : Analysis of E-Rated Bank Accounts to comply SOX. Root cause and posting corrections. Show less • Research & Analysis to resolve query of business partner in LAC region. • Communication with business partners in LAC region. . Month end entries. • Ensured SLA timelines are met for submission of Daily & Monthly reports to business partners in LAC region • Mentor-buddy for New Hires • Training team members and new hires. • Employee Engagement Events being Member of EAT Team. • Project : Analysis of E-Rated Bank Accounts to comply SOX. Root cause and posting… Show more • Research & Analysis to resolve query of business partner in LAC region. • Communication with business partners in LAC region. . Month end entries. • Ensured SLA timelines are met for submission of Daily & Monthly reports to business partners in LAC region • Mentor-buddy for New Hires • Training team members and new hires. • Employee Engagement Events being Member of EAT Team. • Project : Analysis of E-Rated Bank Accounts to comply SOX. Root cause and posting corrections. Show less

  • ABB Motors and Drives North America
    • United States
    • Industrial Automation
    • 400 - 500 Employee
    • Team Lead: Internal Audit (Ken Consulting)
      • Apr 2005 - Dec 2005

      Internal Audit: • Sale & Invoicing - Compliance with Excise & Sales Tax - Compliance with Export regulations - Pricing Vs. BOM - Rate n Quantity verification with PO • Inventory Valuation & Physical Verification • MES and MDS • Monthly MIS Matrix for Errors Vs. Corrections • Hiring and Training Internal Audit: • Sale & Invoicing - Compliance with Excise & Sales Tax - Compliance with Export regulations - Pricing Vs. BOM - Rate n Quantity verification with PO • Inventory Valuation & Physical Verification • MES and MDS • Monthly MIS Matrix for Errors Vs. Corrections • Hiring and Training

Education

  • The Institute of Chartered Accountants of India
    Chartered Accountant
    2000 - 2006
  • Delhi University
    Bachelor of Commerce (B.Com.), Accounting and Business/Management
    1997 - 2000
  • Chartered Professional Accountants of Canada (CPA Canada)
    Actively Pursuing
  • The Institute of Company Secretaries of India
    Foundation Course
    1998 - 1998
  • KPMG Learning Academy Malta
    IFRS, IFRS
    2017 - 2018
  • The Valuation School
    Equity Research & Valuation
    2023 -

Community

You need to have a working account to view this content. Click here to join now