Bhavjit Thandi, CPA, CMA
Chief Financial Officer (CFO) and Corporate Secretary
Professional Overview
Bhavjit Thandi is an accomplished finance executive with over 8 years of experience in senior accounting and leadership roles. As the Chief Financial Officer (CFO) and Corporate Secretary at Richmond Plywood Corporation Limited, he is responsible for overseeing all financial operations, corporate governance, and strategic decision-making for the company.
Experience Summary
Current Role
As CFO at Richmond Plywood Corporation, Bhavjit is responsible for managing the company's financial reporting, budgeting, cash flow management, and financial planning. He also serves as the Corporate Secretary, where he provides guidance to the Board of Directors on legal and regulatory compliance, board governance, and corporate policies. Under his leadership, the company has achieved significant cost savings, improved financial controls, and enhanced overall operational efficiency.
Career Progression
Prior to his current role, Bhavjit held senior accounting positions at prominent firms such as Redstone Group, Manning Elliott Accountants & Business Advisors, KPMG Canada, and PwC Canada. He has a proven track record of driving financial and operational improvements, implementing robust control frameworks, and supporting strategic initiatives that have contributed to the success of his previous employers.
Academic Background
Bhavjit holds a Bachelor of Commerce degree from the University of British Columbia and is a Chartered Professional Accountant (CPA) with a Certified Management Accountant (CMA) designation. His academic achievements include graduating with honors and being recognized for his outstanding performance in financial reporting and strategic management coursework.
Areas of Expertise
- Financial management and reporting
- Strategic planning and decision-making
- Corporate governance and compliance
- Audit and internal controls
- Process optimization and cost management
- Leadership and team development
Professional Impact
Bhavjit has a reputation for his ability to drive sustainable financial and operational improvements. Notable achievements include:
- Implemented a new enterprise resource planning (ERP) system that improved data visibility and streamlined financial reporting processes, resulting in a 15% reduction in monthly close times.
- Developed a comprehensive risk management framework that identified and mitigated key financial and operational risks, leading to a 20% decrease in unexpected expenses.
- Spearheaded a cross-functional initiative to enhance the company's working capital management, resulting in a 25% improvement in cash flow and a reduction in outstanding receivables.
Conclusion
With his extensive finance and accounting expertise, strategic mindset, and strong leadership abilities, Bhavjit Thandi is a valuable asset to Richmond Plywood Corporation Limited. As the CFO and Corporate Secretary, he is well-positioned to continue driving the company's financial and operational success while ensuring robust corporate governance and regulatory compliance.
