Mohamad Kanaan

Finance Manager - Civil Division @EllisDon

Toronto, CA
MOBILE NUMBERS
+91 *********19

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WORK HISTORY

May 2023 — Present

Finance Manager - Civil Division @EllisDon

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Spearheaded the creation of a team focused on managing all financial and control functions across projects within the Civil division•Actively developing and managing the finance team ensuring alignment and accountability while defining and implementing financial processes and strategies across the division•Developed a forecasting tool from scratch that streamlined the forecasting process across all projects, emphasized accountability, allowed for transparency and vastly improved our teams’ forecasts resulting in over 90% improved accuracy•Prevented overruns in the division’s overall overheads budget by implementing rigorous, active cost tracking, regular variance analysis as well as a cost reduction program that reduced overall expenditures by 15% without impacting the business•Redesigned our trades and subcontractor invoice processes ensuring all invoices are accounted for and promptly processed resulting in no missed invoices and thus no surprise costs throughout the projects’ life•Actively implementing strong internal controls and creating, documenting and maintaining financial policies•Partnering with division and corporate leaders to consolidate data and identify key performance drivers•Budgeting, forecasting & planning cycles across all projects within the division•Creating short-term look-ahead targets and planning long-term multi-year strategies•Dynamic rolling forecasts while recommending efficiencies and implementing cost-cutting-measures•Extensive variance analysis•Identifying and investigating all potential risks and opportunities and creating action plans•Strategic scenario planning•Monitoring and managing extensive cash flow schedules•Building dashboards and reports and communicating and presenting the data to senior leadership including contributing to executive reports for the Board•Overseeing the division’s financial statements, reconciliations and month/year-end activities•Overseeing the capital expenditure budget

EDUCATION

2010 — 2014

University of Toronto

Bachelor's Degree, Accounting and Finance

SKILLS

CommunicationFeasibility StudiesProject CoordinationCorporate FinanceCost ControlOrganization SkillsMicrosoft ProjectGreekFinancial RiskFinancial StatementsWorkplace SafetyCost ReductionQuality ControlCost PlanningMicrosoft ExcelBookkeepingEnglishMicrosoft WordTeam LeadershipFinancial ReportingPolitical Risk AnalysisCost BenefitArabicVisual ManufacturingPayrollMarket RiskFinancial AccountingTeamworkBudgetingTeam CoordinationProject AccountingConstruction EstimatingFinancial PlanningPresentation SkillsMicrosoft OfficeProject FinanceFeasibilitiesJob EstimatingProject ControlEnterprise Risk Management

ABOUT MOHAMAD KANAAN

With almost fifteen years extensive experience in accounting, budgeting, forecasting & finance, Mohamad has much to add to any team. Mohamad is dedicated, self-motivated and detail-oriented and has demonstrated the necessary skills to take on any challenge. Throughout Mohamad’s experience he has financially overseen many projects in both the public and private sectors across the construction, engineering and energy industries collaborating and coordinating with all stakeholders to monitor, manage and deliver coherent financial data.Certifications:IMA – FMAA DesignationCPA – Tax Immersion ProgramRotman – MBA Essentials CertificateCPA – Financial Planning & Analysis CertificateCPA – Individual Tax Returns CertificateSoftware Skills:SAP, Microsoft Dynamics GP, Hyperion FM (HFM), TM1, Tagetik, AS400, Microsoft Word, Microsoft Excel including macros, pivot tables, v-lookups, sumifs etc. as well as several other company-specific software

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Mohamad Kanaan — Finance Manager - Civil Division at EllisDon in Toronto, CA | Unifers