Edmund Khanoo

Senior accounting and finance executive with global experience leading finance, accounting, audit, budgeting, grants, compliance, risk management, and operational functions across nonprofit, healthcare, and long-term care organizations. Recognized as a 2022 NJBIZ Leader in Finance, with a record of partnering with executive leadership and boards to strengthen financial controls, improve reporting, support strategic planning, and advance organizational objectives.

CHIEF FINANCIAL & OPERATING OFFICER - NORTHWEST NEW JERSEY COMMUNITY ACTION PROGRAM, INC.

(2019-11)

• Manages banking and cash management functions, including cash flow projections and unrestricted cash balances.
• Partner with the CEO on all operational and strategic issues as they arise and participate in the ongoing strategic planning process as an integral member of the Leadership team.
• Ensures that accounting records and financial statements are prepared in accordance with GAAP and funding guidelines and that mandated reports are filed on a timely and accurate basis.
• Leads the annual audit process, serves as the primary contact for auditors, and ensures that the CEO, leadership team, and staff have the necessary information regarding the audit process and report.
• Ensure successful completion of financial audits and external reporting requirements, serving as the primary liaison to the Board Finance Committee and Board Treasurer.
• Reviews and approves government grants and submits related financial reports.
• Develop and maintain effective internal controls to ensure accountability and transparency of financial operations in compliance with GAAP, applicable federal, state and local regulatory laws and rules for financial and tax reporting.
• Oversee the timely monthly closing process and production of financial reporting, including department reports, monthly finance package including financial statement notes and other reports for the Budget and Finance committee of the Board and funding agencies.
• Establish guidelines for the Agency budget preparation and prepare the annual budget in consultation with the CEO, CPO and Program Directors, including Specific Grant budgets.
• Oversee risk management by maintaining appropriate insurance coverage, monitoring legal and regulatory compliance, reporting risk issues to the audit committee, and ensuring systems are in place to mitigate organizational risk.
• Oversees facility management, ensuring that all agency facilities are well maintained, habitable, and safe for staff to conduct the organization's business.
• Served as Interim Director of Norwescap Food Bank, providing operational and financial leadership during a transition period.

VICE PRESIDENT OF FINANCE/ACTG. CFO - PLANNED PARENTHOOD OF NORTHERN, CENTRAL AND SOUTHERN NEW JERSEY, INC

(2018-07 - 2019-11)

• Managed the Finance, Billing, Revenue Cycle, and Central Purchasing departments, reassigning Revenue Cycle workflow to improve collections.
• Prepared and presented the agency's annual budget to the Board Budget and Finance Committee.
• Prepared monthly Financial Statements, weekly, monthly and annual Cash Flow Projections and presented to the Budget and Finance committee of the Board.
• Led the annual audit process, served as the primary contact for auditors, and ensured that the CEO, leadership team, and staff had the necessary information regarding the audit process and report.
• Developed financial, operational, and internal control policies that supported accreditation with no findings.
• Reviewed Form 990 and ensured timely filing of all required federal and state statutory reports.
• Managed and approved Federal & State Grant reports (FSR's) for submission to funding agency.
• Reviewed and approved 401K ER and EE contribution and approved bi-weekly payroll
• Prepared and submitted all Affiliate monthly, quarterly and annual reports.
• Analyzed department variance reports, monitored KPIs, and recommended corrective actions.
• Implemented new credit card and reimbursement systems to improve agency payment and reimbursement processes.

DIRECTOR OF FINANCE - PLANNED PARENTHOOD

(2015-10 - 2018-06)

• Directed cash management operations, daily cash administration, treasury management and banking relationships.
• Managed new sourcing of credit cards and merchant service account management
• Revised and maintained cash application policies and procedures to ensure consistency across the organization.
• Prepared all bank reconciliations, account analyses, and balance sheet reconciliations.
• Assisted with the Agency Operational Budget and prepared long-term cash flow projections.
• Assisted the CFO with project assignments and monthly financial reporting.
• Filed state sales taxes and prepared annual 1099 forms for vendors.
• Completed year-end audit working papers for external audit.

CONTROLLER/CONSULTANT - VICTORIA VILLAGE INC.

(2014-01 - 2015-09)

• Successfully transitioned the facility to self-management and established effective departmental operations, generating annual savings of more than $350,000.
• Set up a new accounting system for nursing home and life lease units as part of the transition to self-management.
• Transferred historical financial data to the new accounting software as part of the transition to self-management.
• Developed financial and administrative policies for the organization
• Prepared monthly financial statements and audit working papers for external auditors
• Prepared and submitted all statutory reports to the Ministry of Health and CRA.
• Monitored cash flow analysis and expenditure forecast
• Coordinated annual budget and conduct variance analysis and other reports for the board
• Ensured expenditures are in compliance with GAAP and MOH regulations

ACCOUNTING MANAGER - SPECIALTY CARE INC.

(2006-07 - 2013-11)

• Submitted first-time MIS-format financial statements to the Ministry of Health for eleven nursing homes.
• Automated ADP payroll uploads to Accpac and supported additional system enhancements.
• Supervised a seven-person accounting department and oversaw the preparation of monthly, quarterly, and annual reports.
• Responsible for the accuracy and timeliness of financial information, review journal entries and ensure debt service covenant is met.
• Oversee the preparation and reviewed MOH reporting requirements including ARR, occupancy report, municipal tax and other funding reconciliations.
• Coordinated the year-end audit, reviewed audit working papers, preparation of audited financial statements and liaise with the external auditors.
• Conducted controls and compliance testing, support continuous improvement initiative within the department as well as other departments, which includes assigning new GL codes.
• Conducted monthly MOH revenue and envelope testing to ensure accurate accounting, identify under- or overspending within funding envelopes, and guide nursing home administrators through variance analysis.
• Initiated and supported system enhancements across the organization, including PointClickCare, ADP, AP process improvements, and the MIS transition.
• Ensured timely remittance of all other government-related reporting and tax requirements and submitted annual payroll-related reports.

FIELD ACCOUNTING ANALYST - EXTENDICARE CANADA INC.

(2004-04 - 2006-06)

• Participated on a project team that designed and implemented Sarbanes-Oxley guidelines and a new facility audit tool.
• Responsible for the training of Business office coordinators/Managers, Administrators, Department heads, and ward/staffing clerks with respect to office processes.
• Designed, trained and implemented new or enhanced system changes at the Nursing homes, and conducted Annual facility reviews: Resident Rate Audit, Trust Account Audit, and Payroll Rate Audits etc.
• Supported the Business units and Corporate Office – in ensuring accuracy and efficiency with respect to Receipt and disbursements; follow up on un-reconciling items that affect the financial statements; payroll; receivable; census billing; and trust accounting.
• Assisted in the budgeting process as well as the finance representative on the various facility accreditation teams.

Registered Forensic Investigator - Forensic Accounting - American Board of Forensic Accounting

Certified Forensic Accountant - Forensic Accounting - American Board of Forensic Accounting

Chartered Professional Accountant (CPA) - Accounting

Certified General Accountant (CGA) - Accounting - Ontario, Canada

Fellow of Association of Chartered Certified Accountants (FCCA) - Accounting - Association of Chartered Certified Accountants

Bachelor of Science - Business Management - University of Guyana

Diploma - Marketing - University of Guyana

Graduate - Leadership Morris (2018 - 2018)