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Norm Tumak

Norm Tumak

Senior Financial Analyst in Bruce County, Ontario

Talent
Walkerton, Bruce CountyMember since December 7, 2023
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About

Entrepreneurial and impact-focused Finance Business Partner with 16 years progressive corporate experience. Demonstrated ability to collaborate with business unit leaders and globally-based, interdisciplinary teams solving complex problems for clients in a wide range of industries. Continuously seeking out new ways to improve processes and make things better for internal and external clients and stakeholders.

Experience

Financial Planning and Analysis

  • Developed and implemented a division-wide process to generate, consolidate, analyse and evaluate quarterly and annual forecasts (target, budget, outlook, and flash), improving transparency, accuracy, and speed. 
  • Consolidated Canada-level Executive Report package and provided analysis and commentary for Global input
  • Prepared walks, waterfall charts, PowerPoint decks, dashboards and variance explanations for executive reports 
  • Maintain FP&A databases and systems for the Canada region (based on SAP, Excel, Business Objects)
  • Provided constant on-call support to Canada CFO and operations leaders for issues and ad-hoc questions
  • Developed and implemented a dashboard format to simplify the transmission of information re budgeting
Problem Solving and Decision Support
  • Developed and improved financial models for costing and pricing of enterprise level deals, including new lines of business and unique client situations
  • Collaborated with stakeholder teams to validate and consolidate costing data and understand the impact of various solution options, providing expert advice on price-to-win, margin, and risk impacts.
  • Support client-facing team with real-time roll-ups and analysis for multiple iterations through the solutions development and sales process
  • For renewal deals, performed deep dive analysis on historical financials and operational data to help the solutioning group fully understand current baseline and have a common starting point 
  • Prepared a white paper analysing the historical interplay between currency fluctuations and local inflation rates, demonstrating current policies were double-counting risk and leading to over-pricing of certain types of deal, leading to a change in policy and a new competitive edge in pricing services from certain offshore locations
  • Advanced Excel skills, including ad-hoc queries from SAP, pivot tables, charts, lookups
Controllership
  • Performed day-to-day accounting tasks and develop ad-hoc reports using SAP, BusinessVision, QuickBooks, Eclipse
  • Prepared accounting entries, allocations, bank reconciliations, cheque runs, tax filings, and variance analysis
  • Pitched and led a Canada-India collaborative working group to analyse and solve issues with journal entry documentation and processing, getting to zero rejection rate and full on-time processing within six months.

Education

  • CPA (CMA) Designation, 2006-2020 (on hold during career break, to be reactivated)
  • CMA Consulting Program, 2008-2009
  • CMA Strategic Leadership Program, 2003-2006
  • Honours BBA, Wilfrid Laurier University, 1988-1992 

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