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Laksh Anand


Laksh Anand

Vice President, Finance


Hey, My name is Laksh Anand and I am running to be your VP Finance for next year. I am currently in my 4th year of Mechanical Engineering and Management. Over the past 4 years, I have had the opportunity to be actively involved in various clubs and teams and closely look at their finances. I'm currently VP finance for the Management Society, Treasurer for McMaster Rocketry Team, and McMaster Aerospace Team. Furthermore, I have been on the MES council for the past 2 years and have closely observed the roles and responsibilities of VP finance. All in all, I feel have extensive knowledge about how MES gets funding and how that funding goes out of MES to clubs, teams, and department societies. These experiences will help me make better decisions and ensure smooth operations of MES finances.

Last but not least I would also like to mention that over my last coop, I had the opportunity to work with 2 Charted Professional Accountants (CPAs) on my team. I feel this experience has helped me get a better understanding of accounting and the Canadian tax system which I feel would be an asset for this role.


Campaign Platform

Here are a few of my campaign points

1. Improve transparency for clubs and teams' funding:

Currently clubs and teams don’t know how much MES funds they have spent until they reach out to VP finance or try to do a rough calculation of how much they have already submitted for reimbursement. Hence having a more transparent portal to view reimbursements submitted and the budget remaining would benefit clubs and teams.

2. Making the reimbursement process smoother:

The current reimbursement process requires filling out Appendix E and attaching receipts which can be very tedious and time-consuming. I hope to make this process easier for clubs and teams so that submitting reimbursements becomes fun rather than a tedious process.

3. Improve program and department society funding:

Unlike clubs and teams, program and department societies are not consulted for their funding requests and are just assigned a fixed budget of $500 per SAGM. Meeting with department societies to help them explore more opportunities to get funding when they run low would benefit them greatly.

4. Look for investment opportunities for MES:

In the past, MES has had multiple GICs which helped them future-proof themselves in case of emergencies (like the current audit). Hence having some money invested can prevent MES from being stranded if they ever face an emergency again.

Vice President, Finance

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