Ray Sandhu

Ray Sandhu

Chief Financial Officer at Quanta Canada

Quanta Services, Inc.•Edmonton, Alberta, Canada

View LinkedIn Profile
Experience29+ Years
LevelCXO

Executive Overview

An effective finance executive must be more than just a financial manager – they have to be a valued and trusted leader, a process optimizer, and a revenue generator. I am proud to be all three. With 20 years of progressive financial leadership within a variety of industries, I have influenced organizational change, growth, and advancement through the pursuit of process enhancement, the assembly of high performing teams, and the cultivation of confidence. Aligning people and processes - and instilling the values of respect and responsibility - has resulted in several of my organizations embracing new strategies and reversing negative trends. Examples of my expertise and impact to financial operations include: ♦ Oversaw financials for $2.5B organization with 12,000 employees and over 700 direct and indirect reports; directed areas of Finance, IT, HR, Purchasing, Contracts, and Project Services. ♦ Mapped out staffing requirements and succession plans and reorganized executive finance team, to create powerful performers; dropped turnover rate by 24% with a cost-savings of $500K. ♦ Initiated strategic planning and strict adherence to reporting and processes; reduced DSO by $160M, decreased the number of late adjustments by 90%, and eliminated $18M in RIE balances. ♦ Negotiated contracts with key vendors and suppliers to improve capital structure and gross margins; aided in business acquisitions resulting in near 100% ROI. ♦ Realized significant cost savings - even during recession; identified and eradicated staffing redundancies, reduced consultant fees by 5%, pursued $1.3M in fuel tax rebates, and renegotiated $1.03M in volume rebates. ♦ Strengthened employee commitment and transformed corporate cultures; standardized systems, instituted benchmarking, and ensured provision of resources and tools. Raised engagement scores by as much as 82%.

Career Timeline

Professional employment history
  • Jul 2023–Present· 3 yrs 3 mos
    • Chief Financial Officer, Quanta CanadaCurrent
      Jul 2023–Present
  • Apr 2023–Jul 2023· 3 mos
    • Principal
      Apr 2023–Jul 2023
  • Jun 2015–Apr 2023· 7 yrs 10 mos
    • Group Chief Financial Officer
      Jun 2015–Apr 2023
  • Sep 2011–Nov 2014· 3 yrs 2 mos
    • Executive Vice President - Finance & Administration - Oil and Gas
      Oct 2012–Nov 2014
    • Senior Vice President Corporate Services - Oil and Gas
      Sep 2011–Oct 2012
  • May 2008–Sep 2011· 3 yrs 4 mos
    • Senior Vice President Finance & Information Technologies
      2011–Sep 2011
    • Vice President Finance & Treasurer
      May 2008–Dec 2010
  • May 2005–May 2008· 3 yrs
    • Vice President Finance and Administration
      2007–May 2008
    • Controller, Corporate
      May 2005–Dec 2006
  • Oct 1999–Oct 2004· 5 yrs
    • Director, Finance
      Mar 2000–Oct 2004
    • Accounting Manager
      Oct 1999–Feb 2000
  • Mar 1998–Sep 1999· 1 yr 6 mos
    • Assistant Controller
      Mar 1998–Sep 1999
  • 1997–Mar 1998· 1 yr 2 mos
    • Analyst, Financial
      1997–Mar 1998

Education

MBA

Business Administration

Queen's University

CMA

Accounting

Society of Management Accountants of Alberta

Executive Relationship Map

Reports To
Ray Sandhu
Vice Chair & President
Chief Financial Officer
Chief Technology Officer
Chief Operating Officer

Executive Network Preview

BizKonnect has mapped this leadership network including reporting hierarchies, peer connections, and cross-functional relationships.

Verified Contact Information
Email & Direct Dial
Org Chart & Reporting Lines
Buying Committee Insights
AI-Powered Account Mapping

Skills & Expertise

20 of 20 skills
Project ManagementProject PlanningFinancial AnalysisCorporate FinanceAccounts PayableJD EdwardsManagementPayrollMicrosoft ExcelAccountingEnergyStrategic PlanningSupply Chain ManagementM&A IntegrationHuman ResourcesFinancial ReportingInternal ControlsTaxBudgetsForecasting