Drone Delivery Canada has appointed Manish Arora its new CFO, effective from September 8.
Arora joined DDC in August 2019 as corporate controller and in that capacity demonstrated successful oversight of the day to day finance, accounting, public company reporting, and supply chain activities.
He previously served as Corporate Controller for Cardinal Health Canada and has had prior experience in the aerospace industry with Vector Aerospace and in the automotive industry with Martinrea International and Magna Powertrain.
He has over 15 years of experience in public company financial reporting, IFRS, U.S. GAAP, accounting, taxation, financial planning & analysis, treasury, and ERP systems implementation in mid to large size organizations.
He led the recent implementation of the comprehensive Oracle NetSuite financial management system within the Company. He graduated with a Bachelor of Commerce and is Chartered Professional Accountant (CPA, CMA) who earned his designation in 2008.
The company’s president and CEO, said: “With the appointment of Mr. Arora to CFO, and the successfully completed implementation of Oracle NetSuite, we are fully bringing in-house the finance & accounting functions, which were previously outsourced.
“This is a natural progression for the Company as we mature and are now fully commercially operational and revenue generating. Mr. Arora has had excellent success as Corporate Controller with DDC and brings an outstanding skillset and level of experience to perform the finance & accounting functions going forward.”
On the outgoing CFO, Zahra added: “We’d like to express our gratitude to Mr. Robert Suttie of Marrelli Support Services Inc. for his many years of service and dedication to the company.”
The Company plans to maintain an as-needed consulting relationship with Mr. Suttie throughout the transition process.