Gary Schein of GFS Consulting, has more than 25 years of experience in all aspects of financial management, including Accounting functions, Financial Reporting, Operating plans as well as staff management. Gary is a Certified General Accountant (CGA), has an MBA in Finance, BA in Economics, and is a Certified Management Consultant (CMC) .

“I work with companies on a contract basis to support them in the areas of Bill 198 “C-SOX”, Interim CFO/Controller, IFRS transition, Strategic/Business Planning and Risk Advisory. I have worked in a wide range of industries and companies of different sizes. My objective on any assignment is to provide an organization with the value added interim financial management services that they require and to ensure the services result in total customer satisfaction”.

C-SOX / Bill 198 / NI 52-109
Manage all aspects of C-SOX projects for publicly traded companies. The following is a snap-shot of the C-SOX services provided;

• “Top-down” risk assessment to ensure testing of materially significant financial statements items.
• Review of internal controls, and development of narratives and control matrices.
• Design and performance of compliance testing – sample sizes and frequency aligned with risk level.
• Completion of interim and annual testing (Entity Level, Business Process, and IT Application Controls) and comprehensive reporting of test results / recommendations to management.
• Review and implementation of Bill 198 software (CERTRACK-SyncBase), as required.
• Evaluation of changes to ICFR and DC&P as a result of the transition to IFRS.
• Implementing optimal mix of internal self-assessment and external independent testing.

C-SOX / Bill 198 / NI 52-109 Experience:
• Energy Marketing Co –led the NI 52-109 CEO / CFO certification process including process reviews, development of narratives, identification of key controls, controls matrix, gap analysis and remediation and ongoing testing. Participation in Corporate C-SOX Steering Committee, and responsible for sign-off of divisional CEO / CFO certifications. Business Process, IT General Controls and Entity Level controls (2004 – 2008).
• Chemical Manufacturing Co – ongoing testing and evaluation of key controls (2007-2010).
• Marine Transportation Co – full compliance testing in support of NI 52-109 certifications (2010) including IT Application controls.
• Evaluation, and training with several C-SOX software applications.
• Ongoing SOX training with the Institute of Internal Auditors and other networking groups.

Part-time Controller & CFO
The following is a snap-shot of the Part-time Controller / CFO services provided;

• Financial Management and Reporting for internal use, including International Financial Reporting Standards (IFRS) – conversion to the new financial reporting standards in Canada.
• Business process reviews – to increase productivity and reduce costs.
• Internal controls and internal audit – ensure your organization has adequate safeguards.
• Hedging – foreign currency, commodity pricing, interest rates.
• Enterprise Risk Management systems – identify and manage organizational risks.
• Experienced set of eyes – to align corporate objectives with operational goals.
• Profitability analysis – by business segment, customer, and product – what’s making money and what’s core to the organization (and what isn’t).
• Key performance indicators – keeping goals in sight.

Part-time Controller & CFO Experience:
Over 25 years of senior financial management experience in a wide variety of industries including Energy Marketing, Marine Transportation, 3rd Party Logistics, Manufacturing, Consumer Packaged goods, Retail, Medical Supplies, Health Care, Paper products, Agricultural / Construction Equipment, and several Not-For-Profit organizations.

I look forward to discussing this with you in more detail… and assisting your organization.

Yours truly,

Gary Schein MBA, CMC, CGA
GFS Consulting
Email: info@gfsconsulting.ca