Nick Bututoiu

Nick Bututoiu

Corporate Analyst

Followers of Nick Bututoiu172 followers
location of Nick BututoiuEdmonton, Alberta, Canada

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  • Timeline

  • About me

    Plant Controller At Sofina Foods Inc

  • Education

    • CGA Alberta & Northern Alberta Institute of Technologies, Edmonton

      2005 - 2014
      CPA, CGA Accounting

      Activities and Societies: Solving problems team ; Sport activities Studying Accounting - CGA Program

    • Lucian Blaga University of Sibiu, Sibiu, Romania,

      1982 - 1987
      Bachelor of Science Mechanical Engineering A

      Activities and Societies: Cultural activities animator ; travel group ; part of ballroom group. Leader of promotion

    • Universitatea Lucian Blaga

      -
      Mechanical Engineering
    • NAIT (Northern Alberta Institute of Technology)

      2003 - 2005
      Diploma Diploma – with Honors Honors

      Activities and Societies: Bilingual Business Administration Program Graduated with Honors in French/English Prix d'excellence : Concours de plans d'affaires 1 er prix La chambre economique d'Alberta Jason Lang scholarship for outstanding academic achievement.

  • Experience

    • AT Plastics

      Sept 2006 - Mar 2007
      Corporate Analyst

      • Assisted in the 3-day period end close process, including identifying issues and corrective actions to ensure that financial statements are properly stated• Responsible for general ledger account reconciliations and analysis• Responsible for calculation and payments for all US sales and use taxes• Assisted with the preparation and analysis of month end financial statements and reports.• Prepared and posted journal entries and other financial accounting tasks. RESULTS:• Successfully reconciled USA’s sales tax accounts. Created ACH templates, initiated and paid in time sales taxes for all the USA states and counties. Eliminated thousands of dollars in tax fines, the company used to pay. Show less

    • A T Plastics Inc.

      Mar 2007 - Dec 2008
      Asset Analyst

      • Provided analytical support and developed ad-hoc reporting to enable two divisions, meeting the organization's objectives and initiatives• Compiled forecasted costs for project proposals• Bank reconciliations of Canadian and US accounts• Opened, maintained and closed capital work orders / projects• Spare parts analysis and reconciliation of inventories accounts• Calculated monthly depreciation of fixed assets. Prepared and reviewed journal entries.• Part of the accounting team during SAP implementation.RESULTS:• Maintained, reconciled and improved reporting for the million dollars company’s capital projects • Successfully reconciled company huge fixed asset’s inventory. Show less

    • TAQA Drilling Solutions

      Mar 2009 - Mar 2016
      Senior Accountant

      • Successfully implemented policies and procedures to support the growth of the organization including compliance with all banking covenants and reporting requirements• Played a key role by preparing timely and consolidating financial statements for all Canadian, USA and Global subsidiaries• Completed and revised bank reconciliations for various currencies for Canadians and USA bank accounts• Calculated and revised manufacturing shop rates and oversaw implementation. Revised effect on manufacturing under/over account and implication on parts finished goods inventories• Calculated, revised and reported Canadian sales taxes. Verified and audited calculation of US sales taxes• Participated in implementation of a number of projects, including all the manufacturing lean accounting projects.• Prepared account reconciliations for all general ledger accounts, record recurring, reversing and adjusting entries and other financial tasks as per request. • Completed comprehensive valuation analysis on slow moving inventory and proposed solutions to reduce parts and finished goods inventories • Updated rollover of fixed asset continuity schedule. Calculated and recorded monthly depreciation expenses.• Effective participation in closing financial month-ends, year-ends and preparation required for external auditors. RESULTS:• Reduced overhead cost by 10 %. Reduced shop rate by 12 $/Hour.• Reconciled fixed asset inventory. Reduced depreciation expense. Increase net profit Show less

    • Canadian Romanian Society of Alberta

      Mar 2016 - now
      Internal Auditor

       Helping the organization to respect the Canadian NFO standards and support its growth.

    • The Little Potato Company Ltd

      May 2017 - Jun 2020

      • Perform, manage and sustain production accounting activities across the organization. • Generate account related reports to management and other product teams when needed. Maintain complete accounting documents for reference purposes.• Perform inventory reconciliations on daily, weekly and monthly basis.• Resolve accounting discrepancies in accurate and timely manner.• Input revenue into production accounting system. Manage prior period adjustments / amendments

      • Production Accountant

        May 2017 - Jun 2020
      • Production Accountant

        May 2017 - Jun 2020
    • Anywhere

      Jun 2020 - now
      Looking for a new job oportunity
    • Sofina Food In. Lilydale

      Sept 2021 - now
      Accounting Manager
    • Sofina Foods Inc.

      Sept 2021 - now
      • Plant Controller

        Nov 2022 - now
      • Accounting Manager

        Sept 2021 - now
  • Licenses & Certifications

  • Honors & Awards

    • Awarded to Nick Bututoiu
      Prix d'excellence La Chambre economique de l'Alberta May 2005 1er Prix Concurs De Plans D'Affaires
    • Awarded to Nick Bututoiu
      Jason Lang award NAIT Oct 2004 Jason Lang scholarship for outstanding academic achievement
  • Volunteer Experience

    • Canadian Romanian Society of Alberta Director

      Issued by 2005 - 2013
      2005 - 2013Associated with Nick Bututoiu
    • Referee

      Issued by Edmonton & District Soccer Association on Oct 2015
      Edmonton & District Soccer AssociationAssociated with Nick Bututoiu