KNAFounder and principal

Khaled Hawari

A tax and financial consultant and senior technical project manager, Khaled Hawari founded KNA Group and leads every engagement himself. Known to clients and colleagues as Kal, he is the person who reads the closes, resets the calendar and signs the monthly pack for incorporated Canadian companies that have outgrown the way their books are kept today.

Khaled Hawari, founder and principal of KNA Group, in Ottawa.

Khaled Hawari is a tax and financial consultant and a senior technical project manager, and the founder and principal of KNA Group, the Ottawa firm through which he runs the finance function for owner-led incorporated Canadian companies. The engagements sit at one size in particular: businesses of roughly ten to seventy-five people that have outgrown a bookkeeper and cannot yet justify a full-time controller on salary.

What the firm takes on is the function itself, not advice about it. That is the monthly close and the calendar it runs on, the reconciliations and financial controls that keep the numbers standing when a lender or an auditor tests them, the management reporting pack an owner or a board reads each month, and the finance systems that produce all of it. The arrangement is fractional, so the cost tracks the size of the company, and each process is documented as it is built, which is what lets a company absorb the function in-house later rather than depend on him being in the room.

That work rests on a specific piece of experience. For two years Khaled Hawari was a corporate finance analyst at Harris Computer Systems, where the reporting calendar had to keep landing on time while the company kept buying other businesses. Each acquired unit turned up with its own chart of accounts, its own revenue contracts and its own idea of when a month ended, and all of them had to report on the same day. He owned full-cycle accounting through that, carried IFRS 15 and IFRS 16 into the acquired entities, and unified their charts of accounts. Behind it sit roughly eight years in Ottawa practice and on his own account: full-cycle books, corporate and personal returns, and assurance support, the discipline of leaving a working paper file another accountant can follow without asking a question.

He works day to day in CaseWare and ProFile, holds commerce degrees from the University of Ottawa and Carleton University, works in English, French and Arabic, and is based in Ottawa. Alongside KNA Group he runs an independent tax practice at khaledhawari.ca, which is engaged and billed separately from this firm.

RecordBackground

Role
Founder and principal, KNA Group.
Known as
Kal Hawari.
Based
Ottawa, ON. Engagements run across Canada.
Also
Founder of Kodelytics Inc., a separate Ontario company doing technical delivery and analytics.
Degrees
Commerce, from University of Ottawa and Carleton University.
Works in
English, French and Arabic.
Tools
CaseWare and ProFile, day to day.
Focus
Month-end close, management reporting, financial controls, finance systems, and running the function on a fractional basis.

HowThe way the work runs

01On an engagement

The first month is reading, not changing. Three closes get walked line by line, with whoever posted them, before a single process is rewritten. Companies that skip that step end up with a close calendar that fits a textbook rather than their ledger.

02What stays with you

Every process is documented as it is built, in your own systems rather than in a deck. The point of a fractional arrangement is that the company can absorb the function later, and a function that only works while one person is present has not been built properly.

03Why the work is written down

The insights on this site are the working documents from real engagements, generalised. Publishing them is a discipline: a checklist that cannot survive being read by somebody outside the engagement is usually a checklist that was not finished.

Bring the last three closes.

A scoping conversation with Khaled Hawari is a reading exercise. What was posted, when, by whom, and what had to be reopened. That hour decides whether there is an engagement here at all.