Controller

Candidate must be in Canada.

Compensation: $95K - $125K CAD commensurate with experience and education.

Position: Controller

Theory+Practice (TAP) is a data product company that pairs behavioral economics with AI to help large enterprises put their data to work. Specializing in the Retail and CPG industries, we help companies truly understand their customers and build business strategies that drive results. Our commitment to cutting-edge technology, customer satisfaction, and a collaborative work culture sets us apart in the industry.

We are seeking a talented Controller with expertise in General Ledger management within the technology and SaaS industry to join our fast-growing, 30-person team at TAP. As a Canadian company operating under ASPE (GAAP) standards, we offer a unique opportunity for someone who is excited to start with hands-on responsibilities such as bookkeeping and accounting and is eager to evolve into a more strategic role as our company grows. We expect the Controller role to evolve quickly. If you are the type of individual who is interested in a high growth role, this might be for you.

Role Description

Reporting to the Chief Operating Officer, the Controller will be responsible for preparation of financial statements, and developing and maintaining accounting principles, practices and procedures to ensure accurate and timely financial statements. You will play a critical role within the record-to-report process but also be a forward-thinker, providing inputs within vital forecasts, analysis and modeling.

The following is a list of the types of things which the Controller job will include, this list is not exhaustive and there will be other tasks associated with the role either not listed or not yet relevant. As TAP is a rapidly growing start-up, the job will change over time but the nature of the work should remain the same.

General:

• Lead the finance function at TAP.
• Oversee all financial reporting. Ensure best outcomes and deliverables in accordance with timelines.
• Liaise with auditors and tax advisors.
• Follow best policies and procedures (P&P).
• Track hours spent working on all projects.
• Keep appropriate records and documents as needed.
• Participate in mandatory internal TAP meetings.
• Participate in other meetings as needed or scheduled.
• Communication is key. We promote openness at TAP, questions are welcome.
• Help strategize for TAP growth at every step by assessing feasibility of different ideas during projects and identifying opportunities for next projects.
• While working at the office is not required at this point, it is important to get to know other TAP team members and ideally spend some time in the office. Also, as the needs of this role grow and change, some office work time may be required.

Responsibilities & Deliverables:

Day to day accounting needs, collaborating with the Operations Lead and executive team:

• Preparing month-end balance sheet schedules and journal entries to reconcile cash, accounts receivable, fixed assets, accounts payable, accruals, and capital leases.
• Reconciling monthly deferred revenue balance and subscription revenues by reviewing billings and collections as well as recalculating recognized revenue under generally accepted accounting principles.
• Financial modeling for funding rounds and due diligence and supporting investors.
• Aid in creating data rooms.

Job specific tasks:

• Managing the Annual Operating Plan (AOP), budget vs actual expense reporting and our forward looking forecasting.
• Preparation of financial statements and reports.
• Manage AR/AP, and bookkeeping.
• G/L management.
• Manage payroll and benefits.
• Oversee tax filings such as PST and GST, also act as point of contact for CRA and other tax agencies.
• Help other departments with financial modeling.
• Administration related to ESOP (with COO).
• Internal and external financial reviews.
• Guiding other departments in budgeting and forecasting.
• Presenting to staff, and TAP teams at various levels.
• Finance related grant proposals, writing and reporting or providing financial information to others. (such as MITACS, and other government related programs).
• Manage the company's Scientific Research and Experimental Development (SRED) tax credit claims, working closely with internal teams and external advisors to maximize benefits.
• Monitor changes in tax laws and regulations, providing guidance on the implications for the company's overall financial position.
• Execute various financial processes, including the creation and management of data rooms to support transactions or audits.

Reporting:

• Weekly reporting such as cash flow reports for the executive team.
• Monthly reporting to COO of progress against budget, including an explanation of any material deviations (as needed, this will change over time).
• Help establish best practices for SaaS reporting within TAP’s regular internal reporting.
• Help other departments with metrics, financials and other guidance as needed.
• Comparative analysis month to month.

Leadership attributes:

As this role is a role that guides and leads others, the following attributes are important to success in the role.

• Strong communication skills are a must.
• Integrity and a strong commitment to excellence.
• Detail and process orientation – habits and instincts to focus on the fine details of systems, and an inclination to make people and processes more organized.
• Supporting the growth and development of those who you work with.
• Collaborate with all TAP team members.
• Ability to self assess, have confidence in your strengths and be aware of your weaknesses as they are an opportunity for your own learning and growth.
• Understand the importance of accountability and responsibility, while recognizing that mistakes are part of the learning process.
• Have fun.

TAP is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We encourage candidates of all backgrounds to apply and look forward to meeting you.

Company website: https://tap.work