Director of Finance And Accounting

Polar Racking Inc. is a North American leader in the design, engineering and manufacturing of PV mounting systems. We are at the forefront of PV innovation, leading the industry in cutting-edge design with a focus on continuous innovation, with a vision to deliver the highest value to our clients at the lowest cost per kWh. Our diversified portfolio of ground mount products for the commercial and utility scale markets, coupled with our unique suite of engineering collaboration tools, technical services, and installation support, allows us to deliver turnkey solutions that are modular, lighter, and quicker to install. We support our North American clients from multiple locations in North America.

We are seeking a highly skilled and detail-oriented Director of Finance and Accounting to lead the financial operations for our portfolio companies. This role will oversee all aspects of financial reporting, budgeting, forecasting, and treasury management, ensuring compliance with Canadian and U.S. tax and legal requirements. The Director of Finance and Accounting will play a critical role in supporting financial decision-making across the organization, particularly within the construction sector, and will collaborate closely with senior management and external auditors.

Key Responsibilities:

• Manage the preparation of monthly, quarterly, and annual financial statements, variance analysis, and other reports required by senior management or portfolio companies.
• Prepare financial analysis and key performance indicators (KPIs) related to construction projects, such as profit margins, job cost reports, and work-in-progress (WIP) reports.
• Conduct comprehensive analysis of cost of sales, project expenses, and revenue recognition for construction projects.
• Review and reconcile General Ledger (GL) accounts, ensuring accurate and timely recognition of revenue and costs for ongoing projects.
• Manage the preparation of annual audited financial statements and tax returns.
• Coordinate communications with external auditors and tax preparers to ensure compliance with Canadian and U.S. tax and legal requirements.
• Support the preparation and coordination of annual audits with portfolio companies and external auditors.
• Lead the month-end closing process, including journal entry preparation, account reconciliations, and bank reconciliations, ensuring accuracy and completeness of supporting documentation.
• Optimize treasury and cash operations, including foreign exchange (USD/CAD), accounts receivable, and accounts payable functions.
• Direct the planning and budgeting activities with the assistance of members of the portfolio companies.
• Assist in the forecasting and budgeting for construction projects, collaborating with project teams to develop accurate financial projections.
• Manage the monthly invoicing process, collection of inter-company expense allocations, and other billings.
• Review accounts payable for proper coding and supporting documentation, especially regarding vendor payments related to construction contracts.
• Reconcile accounts receivable and ensure proper billing and payment schedules for clients in construction-related projects.
• Develop and implement accounting policies and procedures, internal financial controls, and corresponding documentation of processes.
• Contribute to the identification of process improvements with senior management and portfolio companies.
• Ensure compliance with construction industry accounting standards, including job costing, revenue recognition, and contract management.
• Contribute to strategic reviews and other corporate activities as required by senior management.
• Support corporate finance, project finance, and mergers & acquisitions activities by providing necessary financial and tax data.
• Assist with ad-hoc projects, including system implementations, process optimization, and cross-department collaboration.

Requirements:

• University degree in accounting or related field required.
• Minimum 7-10 years of accounting experience, with a strong background in the construction, engineering, or manufacturing sectors.
• Strong understanding of construction accounting principles, including job costing, project profitability, and work-in-progress reporting.
• CPA designation preferred.
• Proficiency in Microsoft Office, particularly Excel (advanced formulas, pivot tables, and data analysis).
• Experience with QuickBooks Online, MS Dynamics is preferred.
• Excellent organizational and time management skills with the ability to manage multiple priorities and meet deadlines.
• Strong communication skills with the ability to collaborate effectively with internal teams, project managers, and external stakeholders.
• Experience with construction contract billing, including progress billing, change orders, and retention accounting.
• Strong analytical skills and attention to detail, with the ability to interpret and analyze financial statements specific to construction projects.
• Ability to manage teams and influence stakeholders in a collaborative environment.

Why Polar Racking?

Join our team and become part of a dynamic company at the forefront of the renewable energy sector. In addition to competitive compensation, we offer a comprehensive benefits package including RRSP contributions, generous vacation time, and the opportunity for career growth.

As a valued member of our team, you'll also enjoy perks such as a company vehicle and a collaborative, fun work environment where innovation and teamwork are celebrated. If you're passionate about making a positive impact in the world while working with a supportive team, we invite you to apply and embark on an exciting journey with us.

We value an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. We are proud to be an equal opportunity workplace.