profile GARY B LEONARD MBA CA - entrepreneur & business consultant

1. G A R Y B . L E O N A R D CFO MBA, CA (CICA) IFRS
CICA In-Depth Tax, CICA In-Depth Advanced CorpReorg Tax,
CICA In-Depth GAAP IFRS, CBV3yr, CFA1, Assoc. Cert. Fraud Examiners
DIRECTOR FINANCE AND ADMINISTRATION CFO
Corp Finance Controller VP
“GOAL DRIVEN, RESULTS ORIENTED, HGH PERFORMANCE, DIVERSIFIED PROFESSIONAL
DEMONSTRATING BREAKTHROUGH CHANGE, HANDS ON, ATTENTION TO DETAIL
FINANCE AND ADMINISTRATION LEADERSHIP…”
garyleonardca@hotmail.com
905-339-4674 Ontario
ACCOUNTING FINANCE AND ADMINISTRATION
with extensive and diversified experience in customer service
marketing oriented, manufacturing, distribution businesses and resource industries.
In- depth expertise in:
• Financial IFRS GAAP • Strategic planning, budgeting
Accounting and Reporting and forecasting
• Management Accounting and • Tax filing, compliance and
Costing special projects, year –end • Project Management
• Accounting systems, JDE taxes, ITC, SR&ED, Flow- • Legal and litigation, forensic
advanced accounting systems, Through Shares and investigative accounting
online budget and forecasting • Tax Accounting, FIT • PACM, procurement and
and EssBase systems Assets/Liabilities contract management
• External year end audit • Business Valuations, pricing, • Mergers and Acquisitions,
• Internal management and weighted average cost of pricing, tax, implementation
disclosure controls capital and due diligence
• Corporate Policies • Business and Financial • Financial Disclosure and
• Process procedure flow Analysis Reporting- Public TSX
improvements and cost • Government Grants, IRAP SEDAR, MD&A, Information
savings • Financial Analysis and Special Circular, Annual Meetings and
• Human Resources, policies Reports Annual Reports
and benefits • Information Technology • IPO Prospectus, RTO, CPC ,
• Banking, Treasury, Financing Systems Management & Public Listings $100,000,000
and Cash Flow Project Implementation public and Private Placements
• Accounting finance department • Investor and Board Relations,
leadership and operations Shareholder Agreement
KEY PROFESSIONAL HIGHLIGHTS
1. FINANCE, ADMINISTRATION, IT and ACCOUNTING: extensive finance, IT, administration, HR and
accounting management experience and strategic achievements in manufacturing, distribution and marketing
oriented organizations, including mid sized as well as prominent Canadian and international organizations.
2. FINANCE, ADMINISTRATION, IT and ACCOUNTING: LEADERSHIP with significant responsibilities and
team leadership covering all accounting and administration areas including financial GAAP IFRS accounting,
costing, budgeting and forecasting, IT accounting systems, payroll HR and accounting operations.
3. PROFESSIONAL COMPETENCIES: extensive experience and CICA In Depth expertise with strong
professional accounting capabilities and broad finance and administration background.
4. DYNAMIC CHANGE AGENT CFO: goal driven, results oriented and diversified, with strong management
skills, hands on and attention to detail
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2. BACKGROUND EXPERIENCE AND ACHIEVEMENTS
Dynamic change agent and senior financial executive with a CHARTERED ACCOUNTANT
designation and over 15 years’ experience as a CFO, Director of Finance and corporate controller
roles including significant achievements in progressive, fast paced, entrepreneurial and changing
organizations. Diverse and talented organizational strategist, with a passion for finance, marketing
and operations. Resolves complex issues and builds long-term strategic alliances with strong and
engaging leadership style. Respected for leadership and coaching skills in empowering team
members and creating a functioning, productive and rewarding work environment. Resourceful,
insightful, creative and innovative problem solver with proficiency for business development
FINANCE AND ADMINISTRATION 2007-Present
CFO DIRECTOR FINANCE VP / Corp Controller – L O N G T E R M CONTRACTS
Manufacturing / Resource Sector/ Distribution / Marketing:
FINANCE AND ADMINISTRATION: Corp Controller roles
ONEX CORPORATION sub Husky Manufacturing Company, Plastics, Consumer Products,
Manufacturing Production Equipment: public company corporate takeover; interim Controller,
Corporate Finance Accounting and Administration roles: 8 mo
Manufacturing company operating in international markets with $1,000,000,000 in revenue.
SIGNIFICANT financial global reporting and analysis with fast paced turnaround SEDAR public
reporting deadlines.
• IFRS Financial reporting and monthly financial statements
• Annual Corporate Plan/Budget
• Quarterly Forecasts
• Quarterly Financial Reporting
• Consolidated Financial Disclosure
• Annual External Audit/Year end
• Financial Analysis
• Regulatory, statutory and government reporting
SIGNIFICANT change accomplishments in reorganizing restructured Global IT Budget and process
for final CEO/Board approval and new public financial disclosure requirements relating to new
ONEX Corporate [OCX tsx] ownership.
AUTOMOBILE / MARINE Inc Dealer Retail and Distribution, consumer, automotive, marine:
operational and corporate reorganization, financial reporting, bank financing/reporting,
planning/forecasts: 8 mo
SIGNIFICANT re-organizational change in staffing, accounting, finance, and administrative needs
in new turn around situation and cost containment.
SIGNIFICANT accomplishments in:
• establishing new staffing,
• management reporting systems
• financial reporting
• planning and forecasting
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3. • financial analysis
• re-financing and bank relations
• corporate re-org structure planning
• year end audit issues
• business re-organization
• corporate tax
PROGRESSIVE MOULDED PRODUCTS Ltd / Conway Dunleavy, Detroit Consultants, for
GENERAL MOTORS: manufacturing, automotive: special project: 8 mo
• management reporting
• cash flow
• job cost reporting
• company wind down under Chapter 11 protection
• customer and vendor due diligence information
• financial accounting and reporting system improvements
CFO DYNAMIC CHANGE AGENT:
NORDX Ltd Manufacturing and Distribution, resource sector, mining, PAE public company:
high turn around growth, finance, accounting, public company listed SEDAR reporting, HR, IT,
reorganization, internal control system and procedures: 15 mo
Significant achievements in establishing accounting, finance, policies and administrative needs in
strategic turn around and growth organization, with 45% increase in revenue, 99% increase in
operating income and 72% increase in after tax earning per share in one year, requiring new
systems and policies and procedures for high growth and cost containment, significant gross
margin and net margin improvements which resulted in significant return on equity and corporate
value/capitalization.
SIGNIFICANT organizational change accomplishments in:
• establishing new systems and policies and procedures for high growth and cost
containment significant gross margin and net margin improvements
• establishing head office accounting, finance and administration in Toronto for
manufacturing and distribution company operations in Northern Ontario in mining and
construction industries
• organizational finance and long term bank funding
• administration and IFRS convergence accounting improvements and achievements in all
areas including process and procedures
• improved and timely financial reporting and costing
• IT accounting and office systems
• monthly and quarterly public SEDAR reporting/MD&A, press releases
• Annual Report and Annual Meeting
• BOD Information Circular
• HR policy and benefits
• Internal control procedures
• new equity financing
• Scientific Research and Experimental Development [SRED]
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4. • Investment Tax Credits [ITC]
• Government Grant and IRAP funding
• bank relations and financing
• new distributorship and importing agreement
• Letter of Credit and operating line agreements
• new manufacturing equipment investment and related production process project
management develop forecasting and budget model
• system and process, cash flow
• Payroll and GST audits,
• credit and collections
• Securities compliance reporting and relations
• new GAAP/IFRS accounting requirements
• CSA and Securities Act National Instrument [NI] disclosure
ERNST YOUNG CHARTERED ACCOUNTANTS, consulting: resource sector, mining, public
company:
• special project
• MD&A
• GLOBAL consolidations
• foreign exchange
• public GAAP IFRS updates and disclosure
• cash flow
• BOARD of DIRECTORS reporting
• financial analysis
• GLOBAL budgets and forecasts
• public company SEDAR reporting
• financial accounting
• year-end income tax
• tax accounting FIT Deferred Tax Assets/Liabilities
• year-end audit and financial statements
• public GAAP IFRS disclosure
CFO DYNAMIC CHANGE AGENT: VP FINANCE AND ADMINISTRATION 2004-2007
GLOBAL FINANCE MANAGEMENT Inc: (Bay Street): STA Resource Inc, GEL Ltd, resource
sector, mining, public companies: new systems; re-organization and startup; going public
IPO/CPC, public company SEDAR reporting:
BDO CHARTERED ACCOUNTANTS – accounting, audit, tax, finance, IPO Prospectus: 10 mo
SIGNIFICANT accounting, finance, IT and administration accomplishments and achievements
provided to a number of national and international organizations in financial, cost and management
accounting, IT hardware, software and systems, budgeting, planning, HR, tax, banking relations,
engineering public SEDAR report filings and going public prospectuses.
SIGNIFICANT dynamic accomplishments in re-organizational change, finance accounting and IT,
including setting up head office finance, administration, accounting IT systems and accounting
operations in Toronto for a number of (10) international global organizations.
• Accounting operations management, budgeting and auditing requirements.
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5. • Financial and management cost accounting and reporting system design improvement and
implementation.
• Accounting IT system design improvement and implementation.
• Special projects relating to finance and administration, taxation and legal issues.
• Special projects, reorganization and international accounting head office and systems setup,
conversion and migration.
• Internal audit internal controls and year end statutory audit.
• Litigation and legal issues, taxes: corporate and commodity.
• Special regulatory accounting and public SEDAR filings for ongoing quarterly/annual f/s and
MD&A disclosure requirements and security stock exchange listings.
• Special regulatory accounting and public Prospectus, IPO filings.
• Flow through shares
CORPORATE DIRECTOR FINANCE [CFO]
WORLD VISION -FAST PACED HIGH GROWTH, CUSTOMER SERVICE MARKETING
ORIENTED 1998-2004
World Vision Canada is a major fast paced, high growth, customer and global service oriented
organization, with mass marketing focused business npo revenue of $400,000,000. It operates
within a 2 billion dollar GLOBAL organization in the service sector which offers international social
services, medical supplies and hospital equipment and aid.
SIGNIFICANT achievement in bringing new accounting systems to the organization through a six
times revenue growth and change in seven years and implementation of new finance and
administrative policies and procedures, process improvement and cost savings as well as
GLOBAL FINANCE restructuring task force.
• ACCOUNTING FINANCE AND ADMINISTRATION primary financial operating responsibility to
ensure the overall accounting, financial administration to the customer services marketing
organization, provide strategic management information and systems, and provide strong
accounting management.
• The main areas of activity include financial reporting, budgeting and forecasting, financial
information systems, finance functions and all financial accounting operations including
purchasing and contract management and payroll.
• Finance and Accounting Department leadership, Financial/Management Cost Accounting,
Customer service needs, IT Department management and leadership, Payroll operations, HR/
Personnel issues, Company Benefits, Insurance, Budgeting and forecasting/annual and
strategic plans, Banking relationships, Auditing: internal controls and external audit, Contract
management (including PACM), P&L design and reporting for sales lines, new products for the
marketing department, Corporate Legal issues, Cash flow management and cash position
reporting, Accounts Payables and Cash Disbursements management, Finance and
borrowing/financing, foreign exchange and hedging, Company commitments and leases,
Capital Expenditures [including IS Department]
• Special projects including areas such as competitive analysis, project management design,
financial accounting systems redesign, organizational leadership seminars and staff
orientation, risk management issues and responses, international GLOBAL treasury foreign
exchange task force, activity based costing (ABC) financial accounting system design, on-line
budgeting, financial projection and forecasting system design.
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6. • Provide human resource planning and development for the organizational financial
management. Leadership seminars.
• Provide cross functional input or leadership over all organizational financial policies and
procedures including administrative policies, annual operating plan budgets and guidelines,
cash management, foreign exchange futures and option contracts, financial and management
information systems and reporting for operating and strategic decision making.
CFO DIRECTOR FINANCE ACCOUNTING AND ADMINISTRATION - contract 1994-1998
PRRI RESOURCE INDUSTRIES Inc - E N E R G Y
PUBLIC CHARTERED ACCOUNTANT, BDO / PKFHill - C O N T R A C T , D I V E R S I F I E D A C C O U N T I N G
ACCOUNTING FINANCE AND ADMINISTRATION positions and contract financial management
provided in a broad range of areas including controller/CFO responsibilities, business acquisitions
and financing, business valuation, specialized financial analysis, litigation accounting and
corporate tax reorganization and restructuring.
• Accounting Finance and Administration (CFO) contract positions in service and manufacturing
sectors (PRRI resource/energy).
• Financial, administration and accounting operations management, financial accounting and
management reporting, internal controls and audit.
• Corporate finance and restructuring relating to financing and in depth tax, business valuation,
corporation purchase and sale merger acquisition agreements and negotiations.
• Consulting, expert reports, expert opinion and expert evidence presented in court in significant
litigation court cases.
• Advice and negotiations relating to corporate refinancing with major banks and lending
organizations.
• Contract projects with major international Chartered Accountant firms. Business Valuation
seminars and articles.
DOMTAR INC. -SIGNIFICANT CANADIAN MANUFACTURING COMPANY 1990-1994
DIRECTOR FINANCE ACCOUNTING AND ADMINISTRATION CFO
Domtar Inc. is a major publicly held 2 billion dollar international consumer paper products
marketing and manufacturing company with operating in Canada and the USA with over 20,000
employees. Products include fine papers, corrugated packaging, specialty chemicals, Sifto Salt,
housing and building products including wallboard, arborite and insulation.
• DIRECTOR (CFO) FINANCE AND ADMINISTRATION responsible for the finance and
accounting operations of the Domtar Pulp and Paper Group with five pulp mill manufacturing
locations and annual sales revenue of over $500 million. Responsibility over complete
accounting and financial organization including financial and cost accounting, financial analysis
and budgeting, credit and MIS departments.
• Develop, formulate and co-ordinate strategic five year plans; annual budgets; monthly and
quarterly forecasting and business performance reviews; strategic competitive analysis;
costing systems; MIS systems; credit; capital budget and expenditure approvals ($20 million
annually); financial analysis (cash flow DCF); business acquisitions; administration policy;
accounting and management internal controls; accounting policy; taxes; management
information systems; administrative effectiveness and efficiency; organizational design;
departmental strategic direction; leadership vision and development of professional personnel;
effective staff management, goal setting and performance appraisals.
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7. • Corporate policy and procedures; financial management and operational audit reviews
(Director of Internal Audit) professional staff of 20); Corporate and Group acquisitions;
management information and costing systems; special projects and reports to Board of
Directors; MIS policy and procedures.
OWNER ELECTRONIC BUSINESS 1988-1990
$10,000,000 Consumer Products Company Importing, Distribution and Retail of electronics
including Panasonic Technics, Kenwood, Yamaha, Pioneer. home and car audio equipment
Emerson Electric Inc, Corporate Finance and Administration
Price Waterhouse / BDO, Chartered Accountant
PROFESSIONAL QUALIFICATIONS AND EDUCATION
Professional Development Courses, 1994-present
Leadership, ABC Costing, CICA Update Tax and Accounting Courses, Balanced Scorecard,
HR/Therapy/EI
CICA In-Depth Tax, 1996, Canadian Institute of Chartered Accountants
CICA Advanced Corporate Reorganization, 1997, Canadian Institute of Chartered Accountants
CICA In-Depth IFRS GAPP, CICA Canadian GAAP and ICAEW International GAAP Financial
Accounting and Reporting
CBV3yr, Certified Litigation Accountant, Business Analyst and Valuator
CFA1yr, Financial Analysis
Chartered Accountant, C.A., Canadian Institute of Chartered Accountants (Ontario)
McGill/Tyndale, Masters
Wilfred Laurier University, Bachelor, Business Administration
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