Seid Ali
About Seid Ali
Seid Ali is a Senior Financial Analyst at ABC Technologies in Toronto, Canada, with a strong background in financial analysis and process automation. He has implemented several initiatives that improved accuracy and efficiency in financial reporting and analysis since joining the company in 2019.
Current Role as Senior Financial Analyst
Seid Ali has been serving as a Senior Financial Analyst at ABC Technologies since 2019. In this role, he conducts variance analysis on closed programs, focusing on those with margins under 5%. He collaborates with program managers to develop lessons learned for future improvements. His responsibilities also include preparing quarterly sales forecasts in the tens of millions, which enhances the accuracy of variance analysis compared to actual sales at quarter and year-end. Additionally, he supervises a staff accountant to ensure that monthly sales targets are consistently met.
Previous Experience at ABC Technologies
Before his current position, Seid Ali worked at ABC Technologies as a Financial Analyst from 2017 to 2019. During this time, he implemented an automated fixed asset schedule that reduced errors and increased capitalized assets, leading to a reduction in development expenses by approximately 5% annually. He also served as a Tooling/Receivables Associate at the company from 2016 to 2017, where he reduced the reporting timeline by 3 days through the automation of financial processes and reviewed monthly inventory reports to provide suggestions for efficiency improvements impacting over 10 plants.
Education and Academic Background
Seid Ali earned a Bachelor of Business Administration (BBA) from Wilfrid Laurier University, where he studied from 2012 to 2016. He graduated with a GPA of 3.6. His academic background has provided him with a solid foundation in business principles, which he applies in his financial analysis and reporting roles.
Key Contributions to Financial Processes
Throughout his career at ABC Technologies, Seid Ali has made significant contributions to financial processes. He automated the intercompany profit elimination schedule, which improved the accuracy of intercompany costs and enhanced corporate profitability. His efforts in automating financial processes have led to increased efficiency and reliability in reporting, benefiting the organization as a whole.