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TITLE
Controller, Renewable Energy
SALARY RANGE
$100,000 - $140,000
CASH BONUS
Discretionary up to 20%
THE PERKS
- Standard Health Benefits
- Extended Health Benefits
- Professional Development Support
- Flexible Hours
- Home Office Support
LOCATION
Toronto, Ontario
THE OFFICE
Hybrid, 2 days in office
THE ROLE
A strategic finance leadership position with direct reporting responsibility for bookkeeping staff, serving as the key contributor managing all financial aspects of a growing renewable energy development company with focus on financial operations, consolidated reporting, and implementing robust control processes.
- Full-Cycle Accounting: 65%
- Project Accounting: 25%
- Management Reporting: 10%
THE TASKS
Full-Cycle Accounting
- Oversee full-cycle accounting across multiple project entities and operating companies
- Supervise and review the work of the bookkeeper, providing a buffer between management and accounting
- Implement and maintain robust payment approval and control processes to improve oversight
- Manage relationships with three different banking institutions
- Monitor daily bank balances and transaction activities
- Manage corporate tax filing perpetration and support external accountants for each entity
- Ensure timely accounts payable and accounts receivable processing
- Oversee payroll administration and bonus milestone tracking for approximately 13 employees
- Coordinate HST filing and compliance requirements
- Manage month-end and quarter-end close processes
- Implement standardized financial procedures across all entities
- Ensure adequate controls as spending scales annually
- Support the recording of capital expenses according to appropriate CCA categories
Project Accounting
- Prepare and manage construction draw reports for project financing based on vendor invoices
- Produce quarterly consolidated financial statements across multiple operating companies
- Manage reporting for seven distinct project entities currently in operation
- Coordinate with external consultants on tax matters, particularly for investment tax credits
- Support non-recourse loan compliance and reporting requirements
- Serve as primary point of contact for financial stakeholders and lenders
Management Reporting
- Support financial modeling and scenario analysis for projects
- Evaluate and recommend improvements to financial systems as company evolves from QuickBooks
- Develop management reporting to provide real-time insights on company performance
THE COMPANY
A growing renewable energy development organization focused on developing and operating solar and battery projects across Canada, contributing to the clean energy transition and grid decarbonization. The company currently manages approximately 50 megawatts of contracted clean energy projects with plans to expand to 400 megawatts by 2030.
THE OPPORTUNITY
Join a company on an impressive growth trajectory that has expanded its renewable energy portfolio seven-fold over the past five years, with ambitious targets to increase capacity by an additional 7X over the next five years. This role is ideal for a finance professional who is passionate about environmental sustainability and wants to directly contribute to Canada's clean energy transition, seeing tangible results of their work through operational clean energy assets that reduce reliance on fossil fuels and drive grid decarbonization.
EXPECTATIONS TIMELINE
By Month 1
- Gain comprehensive understanding of company's financial structure across operating entities and project companies
- Build working knowledge of revenue generation model, banking relationships, and reporting obligations
- Establish effective working relationship with the current bookkeeper
- Map out calendar of financial reporting requirements and deadlines
By Month 3
- Design and begin implementing robust control processes for payments and financial approvals
- Understand construction draw procedures and project financing requirements
- Review and optimize current accounting processes
- Take ownership of quarterly financial reporting
By Month 6
- Work semi-autonomously with the bookkeeper to oversee all accounting functions
- Develop and implement management reporting systems
- Drive process improvements in financial operations
- Begin evaluating options for accounting system evolution as company grows
By Month 12
- Serve as the primary point of contact for all internal and external financial matters
- Lead all banking and audit relationships
- Fully own financial reporting and control processes
- Present recommendations for further financial system improvements to support company growth
THE SKILL SET
- CPA designation with minimum 7 years of experience in accounting/finance
- Experience with consolidated financial statements and reporting across multiple entities
- Strong Excel skills with ability to work with financial models and reporting
ONLY QUALIFIED CANDIDATES WILL BE CONTACTED.
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