Attn: Accounting/Tax Practice Owners- Up for Retirement?

Up for retirement? Thinking of selling your Accounting Practice?

CP Trust Accounting and Tax Services Inc.- located at Brampton Ontario, is currently looking to buy existing Accounting and Tax practice or block of accounts. We will consider all sizes of practice or books. We may also consider other cities for the right opportunity.

Any resources/links/people to speak with would be much appreciated. For further details: please email Gemmar Padin,CPA,CGA-info@cptrustaccounting.com

CP Trust Accounting and Tax Services Inc is currently manage by Gemmar Padin. Below is the resume of Gemmar Padin, CPA, CGA for your reference.

PROFESSIONAL SUMMARY

Highly designated Canadian Chartered Professional Accountant and finance professional with over 15 years of progressive team building and management experience.

· Creative attitude, thinking "outside of the box" mindset

· Strong technical skills in Canadian GAAP/IFRS, tax law and tax concepts

· Strategic Planning and Organizational Leadership

· Budgeting, Cost Management, and Contract Negotiations

· Excellent communication skills both oral and written

· Proficient in using ERP Financial Software ( Quickbooks, Sage, Accpac)

RELEVANT PROFESSIONAL EXPERIENCE

October 2015 up to the present- Manages CP Trust Accounting and Tax Services Inc, Brampton, ON -Provides Accounting/Bookkeeping, assurance, tax compliance, tax planning, and business advisory services to individuals and owner-managed businesses in a broad range of industries including manufacturing and distribution, Daycare child center, real estate, Import & Export, and professional services

Tax Preparer ( T1 & T2), help clients with complex accounting/tax issues and creating significant value and tax savings for student, pensioner, self-employed, rental property, investments, and foreign income . Involved in several Canada Revenue Agency clients representations with tax audit and other Program account issues. Successfully handled dispute resolution matters with Canada Revenue Agency.

Provides assistance to clients external audit and prepares Financial Statements and schedules needed by External Auditors.

January 2012 -December 2018 Senior Accountant- The UPS Store Head Office, Oakville Ontario- Analyze financial statements and management reports accurately and in a timely manner. Ensures full transparency over the financial performance of the company.

Review and interpret debt/equity ratios, asset/liability ratios, and budget -vs- actual ratios to ensure accurate implementation of financial covenants, trigger events, prioritize payment to determine cash distributions for all loans assigned, in compliance with master license legal agreement, bank covenants, and Financing company requirements.

1. Prepare variance/trend analysis, forecast and cash flow analysis against budget, last year and actual results. Recommends areas for improvement to the management and constructive solutions if needed

2. Support in the compilation of annual and periodic budget information

3. Coordination of governmental reporting requirements to ensure all Company's Financial, tax, labor and Franchise reporting requirements are met.

4. Eliminated redundant position and Improves staff productivity by introducing automation to various components of ERP system

5. Respond to various queries and requests from external auditors including preparation of schedules based on applicable GAAP/GAAS

6. Guides and advise on accounting, tax and disclosure requirements in accordance with Canadian GAAP.

7. Supervise payroll activities and royalties revenue process

8. Effectively organize departmental assignments and supervise payables, receivables, and royalties

9. Actively participate in process improvements, such as improved integration of subsystems to our accounting processes and departmental integration.

10. Participated in design, development, and implementation of financial controls and tracking systems which provide reasonable assurance that financial operations are effective and efficient, assets are safeguarded, financial information is reliable, and applicable laws, policies and procedures are followed.

September 2006- April 2011, Chief Accountant, APDS Singapore Pte.Ltd, Vietnam

1. For over 4 years ran financial statements for management and external parties on time.

2. Assist in budgeting, cash flow projections, KPI reports, consolidations, and year-end procedures

3. Responsible in reporting all queries of the external auditors.

4. Substantially reduced significant audit adjustments through better financial controls.

5. Participated in a major role in the successful conversion to the new accounting software general ledger system without any interruption of accounting operations.

SOCIAL RESPONSIBILITY

Community Volunteer, CPA Canada Tax Preparation Assistance Program

Ontario, Canada

Jan 2016- Present

Volunteer, Financial Literacy Program -Chartered Professional Accountants of Ontario (CPA Ontario)

Jan 2018 - Present

EDUCATION

CPA/CGA Designation, (CPA Canada) Fall Session 2014-2015

Certified Public Accountant (Philippines) 1999

Bachelor of Science in Accountancy University of Nueva Caceres, Philippines- 1998

#accounting practice wanted # tax practice wanted