Experience

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  Manga Hotels Inc.

  • Mississauga, Ontario, Canada

  • Vice President Finance

    • Nov 2021 - Present
    • Mississauga, Ontario, Canada

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  Palm Holdings

  • Toronto, Canada Area

  • VP of Finance

    • Apr 2018 - Nov 2021
    • Toronto, Canada Area

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  Manga Hotels Inc.

  • Mississauga

  • Vice President of Finance

    • Jul 2017 - Apr 2018
    • Mississauga

    Responsible for all accounting and financial aspects of the company operations in US and Canada. Provide leadership, direction and management of the finance and accounting team.Manage external audit and assist in tax planning.Assist CEO in due diligence and acquisitions by providing risk assessment, preparing financial forecast, calculating ROI, reviewing, advising and negotiating agreements & legal documents, coordinating closing of transactions by liaising between stake holders and their counsels. Assist CEO in obtaining financing, refinancing and construction financing by maintaining good relationship with various lenders, negotiating deals and coordinating the closing of transactions.Prepare annual zero-based budgets using KPI and industry standards.Assist CEO and HR by proving direction and advice for HR management.

• 

  Palm Holdings

  • Vice President of Finance

    • Jul 2016 - Jul 2017

    Responsible for all financial and fiscal management aspects of company operations in US and Canada. Oversight of construction department accounting, as well as assist with due diligence, acquisition and growth occurring within company. Provide leadership and coordination in the administrative, business planning, accounting and budgeting efforts of the company.

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  Manga Hotels Inc.

  • Mississauga, Ontario

  • Corporate Financial Controller

    • Feb 2008 - Jun 2016
    • Mississauga, Ontario

    As a Chief Financial Officer of the group, responsible for lender relations, timely financial reporting, cost control, internal control, external audit, taxation and Human resources for 9 hotels across Canada and US reporting directly to CEO.Closely work with the CEO in financing and refinancing of all properties / constructions.Designed and implemented Accpac accounting system, budgeting and internal controls.Experience in new hotel construction and openingSpear headed reorganization of corporate structure and tax planning Closely work with the CEO in legal and human resources matters.Assist CEO in evaluating asset valuation, and strategic planning related to new acquisitions.

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  Norsham Group

  • Markham, Ontario

  • Corporate Controller

    • May 2007 - Feb 2008
    • Markham, Ontario

    Supervised, coached, developed and provided hands-on support to 6 staff members. Responsible for timely preparation of financial statements and budgets and for timely completion of year end audit for 3 full service properties.Designed various reports in Accpac to facilitate faster audit schedules and other management reports.Monitor and control all the expenses including labour cost on a daily basis.Developed and implemented controls and procedures around expense management, audit and cost containment.

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  Hilton Suites Toronto/Markham Conference Centre & Spa

  • Markham, Ontario

  • Controller

    • Jun 2006 - May 2007
    • Markham, Ontario

    Prepare monthly financial statements & Manage all accounting of the Hotel, SPA and Fitness clubSupervised, coached, developed and provided hands-on support to 7 staff members. Re-Negotiated various contracts resulting in substantial cost savings ( Rogers, Ecolab, Cygnal Etc)Implemented labour cost report and constantly monitored the labour cost in conjunction with forecasted revenue.Prepared budget and monitored the budgetary control by developing a purchase order system.Completed internal audits, ensured all controls were in place; designed and introduced controls where lacking.

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  Westmont Hospitality Group

  • Mississauga, Ontario

  • Regional Trainer

    • Jun 1998 - Jul 2006
    • Mississauga, Ontario

    Provide organization wide training to all new and current controllers for 140 hotels nationally in day to day Hotel accounting functions.  Develop and implement internal controls based on internal auditor’s recommendations resulting in improved operations, cost management and productivity.Assume the controller roll during Controller turnovers conducting financial statements creation and analysis, cost and managerial accounting, tax and payroll management. Collaborate with the Property and Corporate Controller in annual budget preparation for 140 properties. Led the implementation of Oracle Accounting System in Europe (France, Belgium & Germany) including process analysis, Oracle system data conversion, testing, staff training and the introduction of new accounting processes. Coordinate with IT in new installations internationally to redesign, create and setup new instances and reports in Oracle Finance to fit to the local environment and statutory requirements

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  Sheraton Hotels & Resorts

  • Sheraton Parkway Hotel, Richmond Hill, Ontario

  • Assistant Controller / System's Manager

    • Aug 1992 - Jun 1998
    • Sheraton Parkway Hotel, Richmond Hill, Ontario

    Supervised 4 employees completing daily accounting activities for two hotels with combined 530 rooms.Assisted in the preparation of financial statements, management reports, cash flow forecasts and annual budget.Managed bank and balance sheet reconciliations, GST, PST and Payroll administration including audit activities. Administrated the HIS front desk system on IBM advanced 36, ACOM accounting system, Vision catering system, Squirrel point of sale system and Meridian SL1 telephone system with meridian mail voice mail.Led the installation of new front office system (Geac); managed the migration of IBM System 36 to IBM Advanced 36