Victoria MacPhail - Fractional CFO, Sovereign Solutions Consulting

Feedback from Victoria’s ex-colleagues

Let me see

Keep in touch with meI'm using Intch to connect with new people. Use this link to open chat with me via Intch app

Work Background

Sovereign Solutions ConsultingFounder

Jan. 2024Charlottetown, Prince Edward Island, CanadaAs the Founder of Sovereign Solutions, I provide fractional CFO services, along with financial planning & analysis, business planning & growth strategy, and custom business solutions. I help small and medium-sized enterprises enhance financial management and drive sustainable growth through strategic planning and tailored solutions. https://www.sovereignsolutionsconsulting.com/

Kapoose Creek BioVP of Finance

Jan. 2021 - Dec. 2023Charlottetown, Prince Edward Island, CanadaAs VP of Finance at Kapoose Creek Bio, I provided financial oversight, reporting, and investor relations for a biotech company at the forefront of fungal research, leveraging AI-enabled drug screening technology to accelerate medical advancements. • Built and implemented a company-wide budgeting process by collaborating across segments to create and manage segment-specific budgets, and conducted monthly variance analysis (budget vs. actuals) • Designed and maintained a rolling 3-year cash flow forecast to track runway and burn rate, improving strategic planning and financial visibility • Produced annual IFRS-compliant financial statements and coordinated year-end audits with external auditors for board approval • Strengthened financial governance through the development and implementation of internal financial policies and procedures • Completed SR&ED tax applications and prepared annual T2 corporate tax filings • Liaised with funding agencies (Natural Products Canada, Innovation PEI, NRC-IRAP) to secure non-dilutive funding, assisted with grant writing, and managed monthly and quarterly grant reporting, contributing to the financial support for R&D initiatives. • Led investor relations: managed shareholder communications, maintained the investor inbox, assisted with AGM, and supported investor meetings and website updates • Assisted with Kapoose Creek’s Rights Offering, supporting capital raising efforts. Led the completion of the offering package, distributed it to shareholders, and coordinated outreach to gauge investor interest. Tracked responses, followed up on subscription agreements, and ensured the successful completion of the offering. • Conducted a financial valuation (Discounted Cash Flow analysis) of the company’s product development segment, providing key insights into the segment's long-term value

The Siegfried GroupSenior Associate, Accounting Consulting & Leadership Advisory

Jan. 2019 - Dec. 2021Chicago, Illinois, United StatesAs a Senior Associate, I worked with a leading global financial technology company, assisting with a financial statement re-segmentation project and supporting compliance with US GAAP and SEC regulations for public disclosure documents. • Collaborated with internal teams to prepare US GAAP and SEC-compliant financial statements, including footnotes and MD&A disclosures for a high-profile fintech client. • Led month-end close processes, including preparing complex journal entries in SAP, account reconciliations in BlackLine, and conducting analytical reviews by segment to ensure accurate financial reporting. • Trained and mentored new analysts, overseeing workflows and ensuring high-quality financial deliverables. • Developed and delivered audit committee presentations, providing actionable feedback to inform the annual budget and strategic planning. • Assisted with financial re-segmentation project by shifting reporting structure from geographic areas to product lines, including extracting system data, determining and applying allocation methodologies, and validating accuracy between old and new structures. • Actively engaged in recruitment initiatives, identifying and attracting top talent to strengthen our team and meet growing demands. • Participated in client engagement activities, including industry events and networking mixers, fostering strong relationships and contributing to ongoing partnership success. • Participated in leadership development training, enhancing our ability to deliver high-quality financial services and drive business results.

ATCOAnalyst, Investor Relations & Corporate Reporting

Jan. 2017 - Dec. 2019Calgary, Alberta, CanadaATCO Ltd. (TSX: ACO.X, ~$6B market cap) is a diversified global holding company with investments in utilities, energy, modular structures, logistics, and real estate. I supported ATCO across IR and Corporate Reporting initiatives through the following: Investor Relations • Served as lead analyst for preparing the MD&A and AIF for ATCO and subsidiaries, performing financial analysis and balanced scorecard assessments • Conducted financial and market research using Nasdaq IR Insight to produce market summary reports for senior management and board-level presentations • Developed and maintained external-facing content including investor presentations, AGM decks, press releases, social media updates, investor fact sheets, and company website content • Supported quarterly earnings calls by drafting potential Q&A, assisting with CFO preparation, listening in during live calls, and preparing the edited transcript for distribution • Monitored investor email inbox and responded to investor inquiries, helping to build and maintain transparent, trusted relationships with stakeholders Corporate Reporting (ATCO Power) • Served as lead analyst for ATCO Power’s MD&A, compiling operational and financial data for executive review and regulatory filings • Produced IFRS-compliant financial statements and note disclosures using Hyperion Financial Management (HFM), collaborating across departments to gather and validate data • Acted as the primary contact for internal and external auditors, managing year-round audit support and ensuring timely responses and documentation • Led management reporting activities by preparing cash flow forecasts, assisting with business plan presentations, and other internal decision-support materials for senior leadership • Assisted with cloud system implementation by supporting transition from Oracle R12 to Oracle Fusion Cloud. This included leading training sessions for the Financial Reporting team, performing data validations, and adapting reports

DeloitteStaff Accountant II, Assurance & Advisory

Jan. 2015 - Dec. 2017Calgary, Alberta, CanadaAs a Staff Accountant II at Deloitte, I supported audits and reviews for public companies across a range of industries, ensuring compliance with IFRS and GAAP standards while contributing to internal control evaluations, team development, and recruitment initiatives. • Evaluated the effectiveness of internal controls and provided management letter points to address deficiencies and recommend improvements • Conducted scoping procedures to assess materiality and risk, and to determine financial statement areas requiring audit focus • Performed income statement and balance sheet analysis during quarterly reviews to assess the plausibility and consistency of financial results • Executed substantive testing and journal entry testing for IFRS- and GAAP-compliant financial statements for public and private company audits • Trained and mentored junior team members, reviewing workpapers and providing feedback to support development and quality control • Actively contributed to recruitment initiatives, including representing Deloitte at career fairs and conducting resume reviews for prospective candidates

ARC Resources Ltd.Accountant

May. 2014 - Sep. 2014Calgary, Alberta, CanadaSupported the finance and accounting team by managing administrative and transactional processes, contributing to day-to-day operations in a fast-paced energy company. • Reviewed and processed employee expense reports, ensuring accuracy and compliance with company policies • Assisted with accounts payable (AP) transactions, including invoice entry and vendor support • Gained exposure to general accounting functions and internal finance systems in a corporate environment