RICHARD DEMERS, CIA, CRMAdemers.r@gmail.com Tel. (514) 996-9229

http://ca.linkedin.com/in/demersrichard/

AREAS OF EXPERTISE: Accounting, Control and Management, Audit & Compliance, Process Improvements, Project Management, ERP, Strategic Planning, FP&A, Risk Management, Restructuring, M&A.

Experience in various sectors: Small to large enterprises, Manufacturing, Retail, Automotive, Aeronautic, Technology, Communication, Banking and Insurance

English, French & Portuguese fluent, Spanish advanced

SUMMARYOver 15 years of experience providing consulting services and managing small companies to large multinationals. Extended expertise in Accounting, Controls, Auditing and Compliance, Risk Management, Tax, Budgeting & Forecasting, Reporting, Treasury

Hands-on, with blend of management skills and experience, created and streamlined accounting & audit departments, set goals and monitored achievements.

Strong operational and technical knowledge including Supply Chain, Distribution, Manufacturing, Retail, Inventory Management, Pricing and Costing, Project Management, HR and IT, people management

CONSULTANT – South Shore of Montreal 2016-CurrentCurrent contract consists of performing operational audits for a large Multinational in the food and beverage sector.

CONTROLLER -ORBITE TECHNOLOGIES – Montreal 2014-2016Responsible for the day to day activities related to controls, accounting and finance: Month and period end closings, Financial Statements and report packages (MD&A, reports for the BOD, etc.); Treasury, Tax, Payroll, Accounting, Accounts Payables, Actual vs Budget Analysis, FP&A; Improvement, Project Management and Analysis, Control -including C198 and IT;

CHIEF FINANCIAL OFFICER -DOREL BRASIL PRODUTOS INFANTIS (Manufacturer & Wholesaler) 2012-2013- Leader of all financial and administrative activities of the company including accounting, finance, treasury, reporting,

budgeting and forecasting, FP&A; - Implemented sustainable practices for the finance department, KPI’s, Risk Management, and Corporate Policies.Turned a R$ 3M deficit company to a R$ 3M profit within my first year of service; Significant improvement of the financial information despite ongoing accounting personnel shortages; $400K savings due to the implementation of hedging, improvements in manufacturing, inventory management

improvements of inventory management, pricing and costing, manufacturing and freight.

CONSULTANT -IPEX INC. – Montreal (One of world largest Tubing Manufacturer) 2011-2012In the context of the first phase of a new ERP system implementation process:- Process mapping, weakness detection and recommendation of solution, change management;- Drafting and Implementation of Corporate Policies and Procedures, common to all North-American Plants. New Policies and Procedures: Authorization Matrix, Sourcing, Fixed Assets /CAPEX, Communication of Results; Organizational and Financial Process Improvement related to the Global Sourcing process.

INTERNAL AUDIT MANAGER -JEVCO INSURANCE –Montreal (Purchased by Intact) 2010-2012 - Responsible for the Internal Audit Department, reporting to the Audit Committee;- Initiated and implemented the Enterprise Risk Management for the company and led the SOX (C198/52-109) program

and coordinated the business continuity plan (BCP) and disaster recovery plan (DRP).$10M direct impact to the bottom line directly linked to the completion of the ERM program;Completed the entire SOX (C198/52-109) program and IT General Controls in only 5 months;Conducted important Audits and Investigation and Special Audits and introduced 52-109 sub-certificates.

CONSULTANT, FINANCIAL GOVERNANCE -NATIONAL BANK OF CANADA (Quebec 1st bank) 2009-2010

- Performed financial audits for the Bank and its subsidiaries, reviewed and performed 52-109 tests.Completed Sox/C198 tests one month before the planned date; My findings and recommendations lead to important modifications for the Bank sourcing department.

INTERNAL AUDIT DIRECTOR - COGECO Inc. (Quebec’s 1st radio station network and 2nd largest cable tv) 2006-2008- Planned, coordinated and reviewed all outsourced internal audit and C198 work. Reported to the Audit Committee. Implementation of Enterprise Risk Management (ERM) model with the participation of the company’s;Review and Recommendation of Improvement of the Global Sourcing resulted in annual savings of over 20M $.

CONTRACT, INTERNAL CONTROLS -QUEBECOR WORLD Inc. (Once the world largest printing company) 2005- 2006- In charge of Company’s SOX 302 certification process. Also evaluated and implemented SOX software.Assumed a key role in establishing test strategy, KPI’s, supervision and internal auditors training;Successfully completed the selection and implantation of a SOX application to manage over 100 manufacturing units.

CONTRACT– PLANT CONTROLLER -BOMBARDIER AEROSPACE, St-Laurent, QC (Amphibious Aircraft ) 2004-2005- Responsible for all financial aspects of the plant, including reporting, budgeting and forecasting, FPYA, controls, pricing;- Special Project Leader for a production re-start scenario. Finance leader of multidisciplinary team project with outcome of annual profits of over 60M$;Simplification of Financial Structure of a Division resulted in its successful sale.

BRIDGESTONE INC. (World Largest Tire Company) 1996-2004Plant Controller -BRIDGESTONE-FIRESTONE, Morrison, USA (US Largest truck and bus tire plant) (2003-2004) Responsible for all financial aspects of the plant including: - Reporting, Control and Accounting Coordination, Procurement Payroll Distribution and Warehouse, FP&A. Several Excellence Rewards: Best Productivity (Distribution), President Award (Accounting, Purchasing); $4M savings annually and insuring the optimization of spare parts usage for both locally and within regional

plants.

Sr. Corporate Auditor, Americas -BRIDGESTONE AMERICAS HOLDING, Nashville, TN (2001-2003)- Financial and operational audits of Bridgestone’s business units across North and South America;- Key role in the implementation of better internal and operational controls and governance, risk and fraud detection. In charge of the due diligence for the purchase of 2 enterprises totaling over $60M; High profile achievements for IT Security Improvement, Reduction of Risk of Fraud , Sourcing and Procurement,

Corporate Strategic Plan, Succession Plan, Recall Process and Special Inquiries.

Senior Corporate Auditor -BRIDGESTONE-FIRESTONE CANADA INC., Toronto, ON, (1996-2001)- Implemented SAP (Corporate) & Point of Sale System; Operational & Audit Procedures for the Canadian Retail division;- Audits for all corporate activities and divisions (retail, distribution, corporate functions, fraud detection, etc.),Best performance among the 25 North American auditors, Fraud discovery and recovery of over $6M; Led numerous Special Mandates: Retread Operations, Distribution, HR, Leasing Contracts, etc.

External Auditor 2 years for -ERNST & YOUNG and 2 years for VILLENEUVE & SYLVESTRE

EDUCATION, PROFESSIONNAL DEVELOPMENT, SKILLS:- BAA in Accounting from the Quebec University of Montreal (UQAM)- Member of the CIA, The Institute of Internal Auditors; CRMA, Certification in Risk Management Assurance

System knowledge and skills: SAP, Oracle, Great Plains, ACL, Office suite, Excel advanced (pivot table, lookups), accounting and tax software, MS Project, Visio, Team Mate, Team Central, etc.

Other skills, trainings: Process improvement, ERM, Sarbanes–Oxley/C198, COSO, COBIT, IFRS, Fraud investigation, Speaker for the themes of fraud and due diligence from 2006 to 2008, Six Sigma. 4S, Kaisen

Richard Demers (514) 996-9229 demers.r@gmail.com