Simon Labonte, CPA
Managing Partner at TAAG- Claim this Profile
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English -
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French -
Topline Score
Bio
Credentials
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Chartered Professional Accountant (CPA)
Chartered Professional Accountants of Canada (CPA Canada)Nov, 2019- Nov, 2024 -
Chartered Professional Accountant (CPA) - Ontario
Chartered Professional Accountants of Ontario (CPA Ontario)Nov, 2019- Nov, 2024
Experience
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TAAG
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Canada
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Professional Services
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1 - 100 Employee
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Managing Partner
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Aug 2022 - Present
- Maintain client onboarding and retention- Prepare personal (T1) and corporate (T2) tax returns- Maintain and prepare regular bookkeeping records for all clients- Compile and prepare financial statements- Supervise and review bookkeepers and staff accountants files - Prepare and file regular payroll and remittances for the client- Assist clients with special projects, budgets, and assessments- CPA Mentor to all accountants in the organization - Provide training and ressources to all staff to help them grow in their career
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Partner
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Oct 2020 - Aug 2022
- Maintain client onboarding and retention- Prepare personal (T1) and corporate (T2) tax returns- Maintain and prepare regular bookkeeping records for all clients- Compile and prepare financial statements- Supervise and review bookkeepers and staff accountants files - Prepare and file regular payroll and remittances for the client- Assist clients with special projects, budgets, and assessments
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Canada Post / Postes Canada
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Canada
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Freight and Package Transportation
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700 & Above Employee
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Officer, Financial Process Improvement and Control
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Jul 2019 - Oct 2020
Interprets financial data and analyzes current processes, procedures and controls to identify trends, financial exposure, potential fraud, and weaknesses in controls, system vulnerabilities and security issues. Develops recommendations for enhancements to existing financial processes, procedures, system functionality and controls to provide for stronger internal controls and ensure entries are recorded accurately in our financial systems. As a Subject Matter Expert in Retail Sales Accounting (RSA), contributes to the creation, revisions and enhancements of corporate financial policies, procedures, processes, systems and controls for RSA. Determines revision and enhancement requirements to ensure compatibility with counter financial and operating procedures. Analyzes the integrity of the interfaces to various financial systems and identifies system anomalies, interface failures, imbalances and/or posting errors to determine the root cause of the errors and ensure accurate and timely recording of revenues. Identifies, recommends and implements continuous process improvement opportunities for RSA. Develops, analyzes and executes overall control process and activities for RSA and recommends enhancements to existing controls as required to mitigate financial risk. Determines how the functionality and system configuration must change, provides system enhancement suggestions to resolve deficiencies in business processes, and/or current system configuration and documents the system requirements and technical aspects required for system configuration modifications. Determines new business process and initiative requirements and how the components of the system and interfaces must change to incorporate the new business. Develops and/or contributes to the development of the processes and procedures to ensure compatibility with existing systems and system interfaces.
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Officer, Accounting Control and Reporting
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Aug 2018 - Jul 2019
• Analyzes and recommends enhancements to maintain complete and accurate information and compliance with accounting standards, statutory requirements and corporate accounting policies, in keeping with corporate management information requirements• Documents, maintains, monitors, and communicates retail sales accounting control processes and procedures, ensuring proper hand-off of new control processes to the Retail Sales Accounting team• Prepares and analyzes the monthly accounting oversight report of all retail sales accounting GL account balances ensuring that variances and monthly imbalance explanations are appropriately documented. Prepares monthly accrual of deferred meter revenue and ensures assumptions are appropriately documented• Monitors and reports on all outstanding financial imbalances/issues on a monthly basis. Prepares trend analyses, conducts root cause analyses and recommends solutions for recurring financial issues• Analyzes and monitors all financial issues, ensures appropriate resolutions are implemented and that they are accurately reflected in period-end and year-end reports• Compiles and submits statutory filings for Canada Post ensuring compliance with related legislation• Researches, interprets and communicates corporate accounting principles and procedures that impact retail sales accounting controls and processes• Compiles required documentation and ensures completeness and appropriateness of information provided in response to occasional requests from external auditors and Internal Control over Financial Reporting (ICFR) process for assigned GL accounts
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Numetrica - Cloud Accountants
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Canada
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Accounting
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1 - 100 Employee
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Tax Director
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May 2018 - Oct 2020
- Complete personal (T1), Corporate (T2), and NPO (T3010) tax returns - Review the work on all bookkeeping and staff accountants and provide review notes - Consult with clients on tax planning and options for incorporation versus sole proprietorship - Complete client onboarding and meeting with clients - Compiled, review, and file HST, GST, and QST returns - Record and file payroll and remittances for clients - Prepare special projects and budgets for client needs - Complete personal (T1), Corporate (T2), and NPO (T3010) tax returns - Review the work on all bookkeeping and staff accountants and provide review notes - Consult with clients on tax planning and options for incorporation versus sole proprietorship - Complete client onboarding and meeting with clients - Compiled, review, and file HST, GST, and QST returns - Record and file payroll and remittances for clients - Prepare special projects and budgets for client needs
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Andrews & Co. Chartered Professional Accountants Professional Corporation
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Canada
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Accounting
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1 - 100 Employee
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Staff Accountant
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Oct 2015 - Jul 2018
Preparation of notice to readers, compilation engagements, and Audits Controllership Aboriginal relations and accounting Personal tax Organization and filing of client information Recording revenues and expense using all journals/modules in Simply/QuickBooks/Adagio GST/HST and sales tax reconciliation and preparation Payroll preparation Bank reconciliation (both manual and software prepared) Printing of financial reports Identifying capital asset purchases, disposition and recording Use of Excel/Word/CaseWare/QuickBooks, and Tax programs etc Training clients in bookkeeping/accounting Travelling to client’s location to perform all of the above if required Accounting for investments Preparation of T4/T5/T5018/WSIB and similar forms Light administrative duties as needed And more.
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Costco Wholesale Canada
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Canada
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Wholesale
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700 & Above Employee
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Meat service
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Apr 2014 - Oct 2015
- Work with other team members within the production line and sometimes work alone for periods of time - Forecast sales to accurately produce the required amount of product each day - Management and leadership training program - Write logs of each production into legal documents for future use - Manage inventory for each production to be made daily and recuperation for the following days - Talk to customers for their inquiries and product demands - Clean the work environment with Costco's highest quality policy nightly - Being able to trade departments with other co-workers for the chicken area for faster paced environment hourly - Being crossed trained with other departments to better help the needs and demands of Costco
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Kingston Destination Group
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Canada
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Hospitality
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1 - 100 Employee
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Lead Line Cook
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May 2012 - Sep 2014
- Prepare meals - Social gatherings with companies - Private charters with MBA groups or weddings - Manage inventories - Training new employees and manage liaisons - Build customer relationships with clients - Prepare meals - Social gatherings with companies - Private charters with MBA groups or weddings - Manage inventories - Training new employees and manage liaisons - Build customer relationships with clients
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Kitchen Staff
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May 2009 - Sep 2013
- Main position was to clean the kitchen and do the dishes. - My tasks evolved to assisting the chefs with preparation of meals and occasional cooking - Assisted servers during busy banquet services - Organized small events with the head banquet server to better serve clients - Various tasks for the manager including inventory - Main position was to clean the kitchen and do the dishes. - My tasks evolved to assisting the chefs with preparation of meals and occasional cooking - Assisted servers during busy banquet services - Organized small events with the head banquet server to better serve clients - Various tasks for the manager including inventory
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Minos Village takeout
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Kingston, Ontario
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Prep/cook
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Jun 2011 - Aug 2012
- Daily prep for the day and the next day - Assist chefs with high volumes of orders - Assist other workers with deliveries and orders - Take part on dishes and keeping the work environment clean throughout the day - Help forecast previous week sales with current sales for production estimates - Various other tasks that managers required immediate assistance with - Daily prep for the day and the next day - Assist chefs with high volumes of orders - Assist other workers with deliveries and orders - Take part on dishes and keeping the work environment clean throughout the day - Help forecast previous week sales with current sales for production estimates - Various other tasks that managers required immediate assistance with
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Education
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2011 - 2015
Laurentian University/Université Laurentienne
Bachelor of Business Administration (B.B.A.), Accounting and Business/Management -
2011 - 2015
St. Lawrence College
Investment club president at ENACTUS SLC, Accounting and Business/Management
Community
