Toufik Nait M, MBA

Current

Sr Financial Analyst at RTI International

Past

Sr. Financial Analyst/ Program Accountant at PAE/LOCKHEED MARTIN
Team Leader at GENERAL ELECTRIC
COST ACCOUNTANT at AJI

Accounting Mgr at MBN INC.
Coordinator US Operations at CBC
Loan Officer - Research fellow at National Bank

see less...

3 more...

Recommended

4 people have recommended Toufik

Connections

109 connections

Industry

Government Administration

Websites

Toufik Nait M, MBA’s Summary

A corporate financial management executive with over thirteen years of Financial, Accounting and HR experience in a variety of enterprises, including Fortune 500 Organizations with comprehensive experience in:
• Project Management
• Business Development
• HR & Relationship Management
• Internal Systems & Reporting
• GAAP & Government Funds Accounting
• Corporate Audit & Taxation
• Government Contracting
• Budget Development & Execution
• Performance Analysis & Forecasting
• Team Building & Leadership
• Cost Control Strategies
• P&L Management

And here are some of my achievements:

Demonstrated hands-on management style in the development and implementation of strategic plans to ensure company growth.
Solid planning and organizational skills in coordinating all aspects of each project from inception through completion. Sees the big picture and plans appropriate strategies to achieve results.
Well disciplined with proven ability to manage multiple assignments efficiently under extreme pressure while meeting tight deadline schedules.
Strong team builder and coordinator, interacts well with a diverse workforce, fosters an atmosphere that encourages highly talented accounting professionals to balance proficiency with maximum efficiency.
Ascertains needs and goals, streamlines existing operations, turns around inefficient functions, envisions new concepts and future trends and follows through with development, direction, and accomplishment.
Effectively communicate direction, commits people to action, and conveys complex information in easily understood formats, Computer literate, and open to travel.

Toufik Nait M, MBA’s Specialties:

Purchasing, Business Startup Phase, Mergers & Acquisition, US GAAP, Project Management, Business Development, Process Improvement & Six Sigma Lean, HR & Relationship Management, Internal Systems & Reporting, Government Funds Accounting, Corporate Audit & Taxation, Government Contracting, Budget Development & Execution, Performance Analysis & Forecasting,Team Building & Leadership, Cost Control Strategies, P&L Management & international law.

Toufik Nait M, MBA’s Experience

Sr Financial Analyst

RTI International

(Non-Profit; Research industry)

March 2009 — Present (10 months)

My Tasks include:
Budget analysis for over $10 million in total Contracts / managing various type contracts (FP, CPFF, CPAF and T&M) for HSER, StatEpi & SRC/RCD divisions in the area of financial forecast, budgeting, Proposals and variance analysis including reading the RFP & interpreting the deliverables, Monthly Estimate to Complete analysis, Responsible for monthly, quarterly and annual operating profit analysis, establishing financial targets and plans, analyzing actual results, projecting trends, and recommending actions to achieve financial objectives.
Sr. Financial Analyst/ Program Accountant

PAE/LOCKHEED MARTIN

(Public Company; LMT; Defense & Space industry)

January 2008 — March 2009 (1 year 3 months)

My daily tasks include:
• Financial planning including Budget development, execution, and analysis to ensure integrity of reported figures.
• Forecasting, budgeting, cash flow, variance and cost analysis using ETC/EAC method in Dynamics Accounting Software.
• Regulatory/compliance and process improvement analysis.
• Managing Complex Federal T&M, CPFF, and FP contracts.
• Work on long-term projects and strategic initiatives.
• Work with senior management to provide Quarterly & Monthly Managerial reports to HQ (CSR & LRP Reports using FRX Reporting software)
• Provide analytical support for business decisions and compensation planning.
Team Leader

GENERAL ELECTRIC

(Public Company; GE; Renewables & Environment industry)

August 2007 — February 2008 (7 months)

·Provide Financial and Administrative leadership to the GE GBS Center team in the region, Drive Controllership and Compliance in the region. Responsible for the Implementation & maintenance of financial rules, procedures & records to meet the US GAAP, legal and tax requirements. Management of customer relationship with all businesses ensuring customer satisfaction of the highest level. Provision of accounting and financial services (including Banking, Gen. Accounting, AP, Payroll and T&L).Provision of visa, on boarding and administrative services to the GE businesses operating in the region. Ensuring of proper compliance - Local tax filing and reporting, corporate reporting, HR related and Company polices. Preparation of budgets and periodical reporting. Implementation of Six Sigma initiatives/Lean and provide similar quality services to internal/external customers. And the Implementation of local labor and commercial regulations.
COST ACCOUNTANT

AJI

(Privately Held; 1001-5000 employees; Accounting industry)

October 2006 — June 2007 (9 months)

Performs advanced cost-accounting work covering material and production costs, costs of sales, research and product development, etc. Variances Analysis. Develops standard cost data and accurate inventory valuations. Provides The financial detail pertinent to the monthly Board Report, Financial reports. Perform all facets of TV programming, contractors’ payments, tracking Contractors payments, and maintaining the contracts status report. Analyzes and costs manufacturing work orders following company's costing system. Prepares the monthly cost of sales figures by analyzing material, labor, and research and development expenses. Assists the accounting manager in preparing monthly journal entries for cost of sales and scrap. Maintains Fixed Assets inventory system and follows established valuation method. Quarterly and year-end Assets inventory . Prepares all Corp taxes. Reviews and audits the costing system including costs for purchased material inventory.
Accounting Mgr

MBN INC.

(Accounting industry)

2004 — 2006 (2 years )
Coordinator US Operations

CBC

(Accounting industry)

1998 — January 2004 (6 years )

Due to the growth of the CBC US Operation I was recruited to straighten out the accounting & finance department that has generated an inadequate processes in financial control and accounting procedures since 1994.
• Challenged to lead; I started developing procedures to record current activities.
• Troubleshot and problem solved dealing with non-accounting people.
• Played a key role in the accounting system conversion from Real Word Accounting to SAP.
• Developed annual budget for the CBC US Operations with inputs from department Heads Team.
• Conducted monthly and yearly accounting closings, including financial statement preparation, analysis and reporting to our Head Quarter in Toronto, Canada.

- My daily tasks included:
• Budget development, execution, and analysis
• Provided various Quarterly & Yearly reports analysis to Upper Management in HQ.
• Monthly cost Analysis: Lease, Payroll, Benefits, Corporate and Payroll Tax.
• Managed in-house Payroll functions with different States (DC, VA, MD, NY, NJ, CA etc…)
• Monthly, quarterly & yearly accounting book closing (Accounts Payable, Accounts Receivable, GL entries, Bank relations and Cash management (Bank reconciliation), Accruals and schedule of liabilities.
• Preparation, payment & reconciliation of all company taxes relative to Corporate Income Tax, Federal & State Employment Tax, Franchise, Property & Commercial Taxes, Sales & User Taxes.
• News staff accreditations and the Application and the updating of our corporate policies.
• Creation and Maintenance of SAP Budget based on GL accounts and WBS.
• Purchasing & tracking asset acquisitions and maintaining asset database
Loan Officer - Research fellow

National Bank

(Public Company; Banking industry)

April 1996 — September 1998 (2 years 6 months)

Performed all facets of investment Banking, tracking Clients’ payments, and maintaining clients’
status reports.
• Monthly accounts reconciliation, Investigation & analysis of credit history reports for potential
clients to assess their financial credibility, send communications letters to clients about their
credit applications.
• Determining adequate financial analysis and tools to evaluate & assess loan request for a financial study.
• Follow-up with Offshore Investment. Prepare loan spreadsheet analysis. Process loans related to import & export operations. And track loan evolution on daily, monthly and yearly basis.
• Consultation with customers to obtain information, opening different types of accounts, controlling and verifying loan documents.
• Conducted Market Research and Analysis for different industries.
• Maintenance of accounting operations. Meeting with Key personal from clients’ factories.
Conducted regular marketing/business development visits. Monitor customers’ activities for transactions.
• Creation and Maintenance of computerized analytical systems.