Ellouise Vancayseele
Jabbeke
Summary
Passionate and results-oriented accounting professional with over 16 years of experience in financial management, specializing in GAAP compliance and international financial reporting. Committed to leveraging my enthusiasm for accounting to lead and develop finance teams, enhancing performance through effective coaching and training. Skilled in analyzing financial data and performing variance analysis, contributing to significant cost savings and improved cash flow management. Experienced in implementing streamlined processes, ensuring adherence to internal controls, and delivering accurate financial reports. Adept at collaborating with cross-functional teams to execute strategic initiatives, including automation projects and transformation journeys. Recognized for exceptional attention to detail and a dedication to maintaining financial integrity and compliance.
Overview
18
18
years of professional experience
1
1
Certification
Work History
Integrated Auditor (Amelior) - ISO 9001, ISO 14001
Buckman
Ghent
08.2023 - Current
- Completed training and actively served as an internal auditor for Buckman's ISO certification compliance across departments.
- Conducted audits to assess alignment with ISO 9001 (Quality Management), ISO 14001 (Environmental Management), and ISO 45001 (Health & Safety) standards. Audited and improved processes in HR onboarding/offboarding, warehouse logistics, external warehouse operations, and finance, promoting a culture of continuous improvement.
Accounting Supervisor
Buckman Laboratories NV
Gent
07.2021 - Current
- Financial Leadership & Compliance: Led accounting operations across EMENA (12 entities), ensuring compliance with IFRS, US GAAP, and local standards.
- Managed the APAR and Treasury functions. Overseeing the credit risk management process, aging management, cash flow optimization, intercompany transactions and reconciliations, treasury operations (FX), reconciliation of balance sheet accounts, accruals, and prepayments.
- Internal Controls & Financial Reporting: Developed, maintained, and enforced internal controls to ensure accurate financial reporting. Regularly reviewed financial reports for compliance with GAAP and investigated discrepancies in financial data, preparing corrective journal entries when necessary.
- Process Transformation & Automation: Collaborated with McKinsey on the global Order to Cash (OTC) and Procure to Pay (P2P) processes, establishing global standardized processes for AP & AR. Partnered with the IT team to automate the processing of bank statements, eliminating manual input into SAP, and enhancing operational efficiency.
- Variance Analysis & Standard Costing: Conducted detailed variance analysis and calculated capitalization of variances under the company's standard costing method, ensuring accurate financial reflection of production costs.
- Audit & Compliance Oversight: Provided critical support for internal and external audit processes, ensuring timely submission of compliant audit documentation. Completed ISO internal audits across HR, warehouse operations, and external warehouses, driving process improvements and regulatory compliance.
- Team Development & Mentorship: Led a team of four accountants, conducting weekly training sessions on financial analysis, reconciliations, and statutory compliance. Guided team members in expanding their roles beyond AP and bank treatments to include Fixed Assets, VAT handling, payroll, and accrual management.
- Financial Initiative Assessment: Collaborated with the Finance Manager to evaluate and assess company initiatives, ensuring accurate valuation and alignment with strategic goals. Created PowerPoint presentations to present insights and recommendations to senior management.
- Cash Flow & Treasury Optimization: Managed cash flow forecasting and optimized short-term liquidity, ensuring no late payments for taxes or VAT. Proposed strategies to mitigate FX losses, reducing monthly losses by 20K euro monthly in the UK through improved intercompany loan repayments and currency management.
- Bank Account Rationalization: Led the initiative to reduce bank accounts, closing obsolete accounts in Germany and streamlining cash management by transitioning to a more efficient banking structure (BoFA).
Financial Accountant
Novel Motor Company
03.2012 - 04.2018
- Conducted daily bank reconciliations to identify and prevent any unusual transactions or accounting errors, thereby minimizing the risk of fraud.
- Improved working capital management and cash flow by collaborating closely with AR, AP, and stock controllers.
- Reviewed and approved monthly supplier reconciliations and payments to ensure accuracy and timely payments.
- Coached, trained, and provided regular feedback to the Financial and Admin team to improve performance and foster a positive work environment.
- Monitored internal controls for efficient operation and recommended changes when necessary.
- Reconciled all balance sheet accounts to ensure proper closing balances and classification.
- Prepared and presented monthly management accounts to the directors, adhering to strict deadlines.
- Ensured compliance with VAT regulations, prepared VAT reconciliations and returns, and identified potential risks.
- Assisted department managers with the annual preparation of budgets to ensure accurate forecasting.
- Prepared weekly financial forecasts and facilitated year-end financial preparation of audit files.
- Assisted internal and external auditors in conducting audits.
Trainee Accountant, promoted to Audit Supervisor
SGA Charted Accountants and Auditors - an Approved Audit Firm
01.2007 - 02.2012
- Gained comprehensive knowledge of clients' businesses and accounting systems
- Performed risk assessments, developed audit plans, performed and conducted control & substantive testing
- Drafted journal entries, reconciled accounts, and applied GAAP standards
- Prepared income tax and indirect tax returns, and audited annual financial statements
- Communicated audit findings and drafted management letters with recommendations
Education
Membership -
Namibian Institute of Professional Accountants
01.2014
Bachelors of Accounting Science (BCompt) - Audit and Accounting
University of South Africa/Universiteit van Suid-Afrika
01.2012
CAMBRIDGE International Examinations (CIE) -
Walvis Bay Private High School
01.2006
Completed Audit Articles - External Auditing
Public Accountants and Auditors Board (Namibia)
Skills
- Financial Accounting
- Statutory Accounting
- IFRS & US GAAP
- Leadership and coaching
- Team Development
- Process Improvement
- Project Management
- Cash flow management
- P&L Management
- Analytical Skills
- VAT and tax compliance
- Business Initiatives
- SAP ERP
Certification
- SAP ERP Training
- Audit Articles
- Professional Accountant
- Integrated Auditor
Languages
English
First Language
Dutch
Upper Intermediate (B2)
B2
Afrikaans
Proficient (C2)
C2
Timeline
Integrated Auditor (Amelior) - ISO 9001, ISO 14001
Buckman
08.2023 - Current
Accounting Supervisor
Buckman Laboratories NV
07.2021 - Current
Financial Accountant
Novel Motor Company
03.2012 - 04.2018
Trainee Accountant, promoted to Audit Supervisor
SGA Charted Accountants and Auditors - an Approved Audit Firm
01.2007 - 02.2012
Membership -
Namibian Institute of Professional Accountants
Bachelors of Accounting Science (BCompt) - Audit and Accounting
University of South Africa/Universiteit van Suid-Afrika
CAMBRIDGE International Examinations (CIE) -
Walvis Bay Private High School
Completed Audit Articles - External Auditing
Public Accountants and Auditors Board (Namibia)
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