Jayesing Heetoo

Chartered Professional Accountant and exceptional bilingual financial executive with over 15 years of progressive experience directing domestic and international corporate accounting in multi-billion dollar organizations as a strategic business partner. Skilled decision-maker, complex problem solver, and team-builder. Fluent in French and English languages with strong communications skills and the ability to interface with all levels of staff, managers, and stakeholders.

Seeking a leadership role in developing and strengthening an entrepreneurial company’s financial operations, policies, and core principles in order to accelerate growth and expansion.

Head Of Finance north america - Hartmann north america - Brantford, ON

(2024)

Hartmann North America is a multi-plant packaging company headquartered out of Brantfrod Ontario. Founded in 1917 in Denmark, Hartmann is the world leading manufacturer of moulded fibre egg packaging, the leading manufacturer of fruit packaging in South America, and a leading manufacturer of machinery for producing moulded fibre packaging. Direct and manage all finance functions of two plants encompassing consolidation, controllership, treasury, long/short team strategic planning, audits, tax filling, Sred claims, SAP implementation, Pension plan custodian, implement standard costing process, manage huge capital projects, implement controls and review procedures.

Represent North

America finance within the Hartmann Group.

• Managed and restructured the finance department allowing a strong North American finance team
• Responsible for pension accounting, risk management, financial strategy, treasury management, budgets, insurance, tax and compliance
• Manage financial planning and strategy including budget, forecast, month end close, consolidation and project management.
• Deliver high level of financial control and compliance ensuring perfect planning to external audits and robust internal controls. Ensure the company adheres to local and state tax compliance working with our tax auditors.
• Monitor and optimize direct costs associated with production. Ensure that manufacturing costs remain competitive while maintaining product quality. Work closely with production and management teams to optimize operational processes, improve margins and ensure profitability.
• Oversee capital expenditure planning, ensuring that large capital investments are justified and aligned with the growth strategy.
• Implement and monitor target that support the company’s sustainability goals, including energy-efficient practices, waster reduction, and greener manufacturing.

Chief Financial Officer – North America - A. berger precison ltd - Brampton, ON

(2022 - 2024)

For over 65 years, the Berger Group has been manufacturing and supplying companies around the world with ready to install high-precision, complex components for the Automotive, Aerospace, medical, Construction, Power tools and other industries from 11 plants around the world. To ensure that the assets and financial resources are protected by implementing adequate controls on the operations of A.

Berger North

America. Direct and manage all finance functions of two plants encompassing consolidation, controllership, treasury, long/short team strategic planning, audits, tax filling, Sred claims, SAP implementation, manage IT functions, implement standard costing process, manage government funding, implement controls and review procedures.

Represent North

America finance within the A Berger group.

• Build a strong North American finance team
• Project lead on SAP implementation
• Lead the One Berger vision and work with senior management on change management
• Create dynamic dashboards and KPI
• Work with external auditors and tax accountants
• Manage and control company’s funds. Work to get approved for Govt grants such as FedDEV
• Responsible for the financial leadership, internal control, system control and cash management
• Responsible for risk management, tax compliance, insurances and budgets
• Work with ownership to develop forward looking strategic planning
• Work close with all A Berger plants to standardize costing, purchasing, customer service, quoting processes.
• Work with operation team to manage inefficiencies in production process
• Automated sales reporting and monthly KPI files
• Working with Head Office in Germany to implement “Board”. Reporting tool which talks with SAP and can handle, inter-company reconciliation, budgeting, forecasting, monthly financial reporting, yearly consolidation, and operational KPIs.
• Manage banking relationships and cash management
• Improved collection process and reduce past due by 75%
• Created weekly collection and AR dashboard to monitor collection trends
• Improved cash flow reporting to focus on cash management
• Work to improve monthly forecasting and customer demand
• Implemented EDI process and daily cleaning of data
• Implemented AP automation process using ‘verifier”

Finance Director; Sr Controller - A Raymond Tinnerman hamilton, Inc. - Hamilton, ON

(2011 - 2022)

Major producer and supplier of engineered products and related assemblies to major tier 1 auto manufacturers. Additional responsible to manage two plants and find synergies in processes. Direct high-performance finance team of four encompassing controllership, consolidation, treasury, short term strategic planning, financial planning and analysis, standard costing, budgeting, forecasting, business systems, government and external audits, pension audit and IT needs.

Tax functions include monthly tax provisioning, tax filing, HST, transfer pricing documentation, and SRE&D claims. Review SAP system issues. Oversee plant’s global costing and pricing system.

• Delivered an increase in EBIT number by 83% in 2012 through productivity savings and cost-cutting initiatives.
• Implemented cost/productivity savings concept around 2% of sales while continuously reviewing tool room cost and R & D department cost.
• Accurately performed a robust budgeting and forecasting process which achieved results of +/- 5%.
• Introduced Lean system in Finance and served as a steering committee member for plant’s lean stewardship.
• Handled a clean CRA audit for 2010 and 2011 with no major open points or deficiencies.
• Developed Excel dashboard reporting related to financial performance, daily sales, and production reporting.

Controller - Aon Reed Stenhouse, Inc. - Toronto, ON

(2008 - 2011)

Canada’s leading national insurance brokerage and risk management firm. Managed the corporate finance team of 8 direct reports. Leader of change for Corporate Finance across 6 legal entities that included general accounting, consolidation, treasury, financial planning, and analysis, reporting Sox compliance, and internal/external audits.

• Spearheaded a Network Alignment Revenue Project for Canada in aligning revenue from policies out of the London Brokerage Office., increasing revenue value in Canada by $30M.
• Changed and centralized processes for bank reconciliation and fiduciary payable. Fiduciary payments budget exceeding $2B.
• Led the implementation of an Amex P-Card system for the country grouping all Aon entities and having a standard procurement process, resulting in cost savings of $2M for Aon Canada.

Controller - Continental Tire Canada, Inc. (CTCI) - Mississauga, ON

(2006 - 2008)

One of the world’s top five automotive suppliers and a leader in Canada’s tire business. Fully responsible for all Finance, HR, and Administration functions in Canada and managing six direct reports. Ensured all accounting systems and reports were fully compliant with federal laws, GAAP and IFRS.

• Increased product margin by 11% by developing pricing tools and models for the top ten tier customers. Developed key financial and operational KPIs to monitor performance.
• With proven cost-saving initiatives, implemented new benefits package and revamped most of the HR policies and procedures which reduced costs by 10% in 2009.
• Doubled sales in 2008 by developing quarterly sales meetings and establishing annual sales targets for all regional managers.

Financial Controller (Contract) - Hispano-Suiza Canada, Inc. - Peterborough, ON

(2005 - 2005)

A subsidiary of Safran Group of Companies in France and a leader in the aerospace business

• Increased ROI by 20% on all projects through preparing financial models and analysis on all engineering projects proposals and capital investment. Maintained project profitability through consistent review.
• Achieved a price increase of 12% through contract reviews and lucrative negotiations with clients.
• Slashed payroll costs by 9% together with HR by employing in-depth analysis and by charging payroll costs of personnel to the appropriate projects.

Financial Director - Mauritius leasing company ltd - Mauritius

(2003 - 2005)

A subsidiary of BIA group of Companies. A deposit taking bank and offering leasing products to both corporate and individual customers. A listed company with the Mauritius Stock Exchange and Financial Services Corporation.

• Manage investment under lease portfolio of $10M and maintain an internal rate of return between different portfolios
• Prepare reports for Central Bank and Financial services reporting monthly/Quarterly.
• Prepare MD&A report and schedule Annual general meeting with shar