You are here

VPFO Questionnaire

Questions

1. Tell us about your experiences with reading and analyzing financial
statements including balance sheets, P&L statements and general ledgers.
2. Tell us about your experiences with creating, monitoring, and adhering to
budgets.
3. Tell us about your experiences with completing bank reconciliations.
4. Tell us about your experiences with accounting software.

 

Candidate Responses

Chantal Khoury

  • Tell us about your experiences with reading and analyzing financial statements Including balance sheets, P&L statements, and general ledgers. The Management program enables students within the program to have basic financial literacy, including the ability to analyze financial statements. I have also worked with the Department of National Defence as a Business Planning Coordinator and was also tasked with analyzing financial statements and spreadsheets. Basic understanding from past employment and my academic program, however I currently hold the position of VP Finance and Operations, so I am very familiar with all of the above documents as they are a part of my daily work routine.
     
  • Tell us about your experiences with creating, monitoring, and adhering to budgets. I do consider myself do be fairly financial responsible as I have had to work several jobs and have had many expenses throughout my university time. I have held the position of treasurer throughout many volunteer positions as well. Again, I currently hold the position of VPFO. This year has been incredibly challenging to adhere to and monitor the budget as we have had over six staff turnover during my time in this job, which has very large financial implications. With this, we have still been able to achieve a surplus for our bottom line.
     
  • Tell us about your experiences with completing bank reconciliations. Not only have I completed them before, but I have also done treasurer training with over 100 individuals on societies this year and have taught them how to complete them. Almost all individuals who have attended my training properly complete their bank reconciliations for their audits.
     
  • Tell us about your experiences with accounting software. I am fairly familiar with Quickbooks, and also have the ability to build Excel spreadsheets for budgetary purposes. I am also familiar with building Excel sheets with several pivot tables.
     

Elyse Gabon

  • Tell us about your experiences with reading and analyzing financial statements Including balance sheets, P&L statements, and general ledgers. As the current Vice President of Finance of the local Halifax chapter of an International Women’s Fraternity, I have had many experiences with reading and analyzing multiple different financial documents. When taking over the position, I had to review the previous financial statements submitted and process the new reports to come. Each report consisted of all the mentioned statements above and therefore I have lots of experience working with these types of documents.
     
  • Tell us about your experiences with creating, monitoring, and adhering to budgets. Further into the position of VP Finance for the local chapter of my International Women’s Fraternity, I oversee ensuring the other 12 executive officers are adhering to their proposed budgets. Additionally, I am currently creating a budget for this chapter for the next fiscal year.
     
  • Tell us about your experiences with completing bank reconciliations. As mentioned above in the first question, I submit monthly financial reports on behalf of my chapter which includes bank reconciliations.
     
  • Tell us about your experiences with accounting software. I am fairly familiar with Quickbooks, and also have the ability to build Excel spreadsheets for budgetary purposes. I am also familiar with building Excel sheets with several pivot tables.
     

Liam Finnegan

  • Tell us about your experiences with reading and analyzing financial statements Including balance sheets, P&L statements, and general ledgers. I have overlooked my own investment portfolio since I was 18. From that I have gained experience in reading financial statements posted by multiple firms from varying sectors. I have also taken introduction corporate accounting and managerial accounting.
     
  • Tell us about your experiences with creating, monitoring, and adhering to budgets. Since 2017 I have made my own monthly budgets and cash flow charts for my university life. This has allowed me monitor how much I need to save each month for my tuition fees, for bills, etc. I have used my budgeting model to help my friends. Usually this helps those dealing with pay cheque to pay cheque or those who need to see how much money is being spent on frivolous things – clothing, eating out, alcohol, etc.
     
  • Tell us about your experiences with completing bank reconciliations. I have done questions about this in my introductory corporate accounting course.
     
  • Tell us about your experiences with accounting software. I have no experience with accounting software.
     

Ryan Artola

  • Tell us about your experiences with reading and analyzing financial statements Including balance sheets, P&L statements, and general ledgers. Through my experience at my two previous co-ops I have had substantial exposure to various financial reports used in business. When working at Paysafe group last fall I work in the finance department and had to help put together their year-end income statements and balance sheets. I also worked in conjunction with the auditors to gather the required reports and make that everything was accounted for.
     
  • Tell us about your experiences with creating, monitoring, and adhering to budgets. While working at Paysafe I had to help my boss keep track of the travel expense budget, to ensure that the various departments weren’t going to exceed their allotted travel budget for the year, and if they were going to, reassess the budgetary plan. In addition I had to help the finance department start putting together its budget for fiscal 2018, and began collecting the previous year’s expenditures to determine what the likely future expenditures would be. While in CEGEP in Montreal I was an executive for the Marianopolis Public Speaking Club, and I was in charge of putting the budget together. I had to budget for guest speakers, food and beverages, printing costs, and website memberships.
     
  • Tell us about your experiences with completing bank reconciliations. Part of my weekly tasks at Paysafe was to go over our accounting records with the director of accounting, and deliver the checks that had already been accounted for in our records, to the bank. This weekly trip to the bank was part of our reconciliation procedure, to ensure that our cash records were as close as possible to those at the bank.
     
  • Tell us about your experiences with accounting software. Working at Paysafe I became very familiar with ExpenseWatch, an expense management system that I used very frequently to report weekly expenses incurred by staff, as well as whole departments. This software was also used to keep track of the re-imbursement of travel expenses of employees, with all the data being transferred to our accounting records. Although I am unsure as to what software is used by the DSU, the procedures and techniques required by the ExpenseWatch software have given me a solid baseline of accounting software knowledge.