Financial Controller



Accounting & Finance
Waterloo, ON, Canada
Posted on Friday, June 23, 2023

Financial Controller

Financial Reporting | Regulatory Compliance | Internal Control

The majority of our team is located in Waterloo, Ontario, Canada, where this role is based, but we have team members throughout the UK. We pivoted to a fully-remote workforce during the pandemic and will not be returning to an in-office environment. In terms of work location, we are open to a remote team member, within the Eastern Time Zone, in Ontario.

DigitalEd has a simple and resonant purpose — to shape the world through digital learning. As a SaaS company in the online learning market for higher education, our Möbius platform is a comprehensive solution designed for the unique needs of teaching science, technology, engineering and mathematics (STEM). It’s a product that’s genuinely impacting the way students learn STEM, and with that kind of footprint in the world, imagine the team we’re building behind the scenes. To support our growth, we're searching for a Financial Controller.

A Financial Controller at DigitalEd owns the day-to-day accounting function of the business. Leading the Accounting team, and reporting to the VP of Finance & Operations, the Controller will ensure the right processes are in place to produce accurate and timely reporting to all stakeholders. This includes internal reporting leveraged by the Executive team & Board of Directors, regulatory compliance reporting, as well as working with our external audit partner to complete formal annual financial reports.

Outcomes & Key Responsibilities: What's Expected of You

  • Leading the monthly financial reconciliation and reporting process for each entity, as well as consolidation to produce corporate level reporting
  • Leading the preparation of year-end working papers and coordination of audit/review engagement leading to preparation of formal annual financial statements
  • Ensuring tax compliance at all levels (International, Federal, Provincial), including income taxes, sales taxes, payroll taxes, and any other applicable taxes
  • Ensuring that appropriate internal financial controls and best practices are in place and adhered to across the organization
  • Developing budgets and forecasts for the business in collaboration with the VP, Finance & Operations
  • Providing leadership and support to the Accounting team

Measures of Performance: How You Know You’re Doing Well

  • Fully owning DE’s financial reporting regime, with measurable improvements in timeline and effectiveness compared to current state
  • Keeping DE in compliance with all regulatory reporting and filing requirements on an ongoing basis
  • Maintaining a forecast model for the business with relevant updates on a monthly/quarterly basis
  • Successfully leading the Accounting team and positioning them to support growth

Competencies & Experience: The 'Stuff' that Makes You Great at This

  • Holds a Canadian CPA Designation
  • Self-starter who can achieve deliverables in a remote environment with limited direct supervision
  • Strong analytical skills and attention to detail
  • Curiosity and inquisitiveness to understand the operations of the business underlying the financial reporting
  • Ability to identify existing processes or systems that are not working effectively or meeting the needs of the business and identify and implement upgraded processes or systems to improve effectiveness and efficiency
  • Ability to adapt to a constantly changing environment as the company grows, staying one step ahead in terms of implementing appropriate systems and processes to support the evolving needs of the business
  • Advanced Excel skills
  • Strong interpersonal and communication skills
  • Experience leading a team
  • Experience with Quickbooks, Ceridian, or similar systems
  • Experience implementing new systems and tools (Accounting/ERP Software, Payroll Software, Contract Management Software, etc.)

Lastly, being successful is personal. Everyone defines it differently and that’s a-ok. However you define success is up to you, but know that the spirit of DigitalEd’s culture is ‘No Deposit, No Return’. It’s our job in Finance to come up with solutions to support a growing and evolving business, while also maintaining compliance with the regulatory frameworks that “define the box.” We’re looking for an accounting professional who’s ready to use their skillset to paint a masterpiece without running off the page, so if you’re up for being an integral part of a great team, we’d love to talk.

Our projected budget for this role is in the range of $110,000-$120,000 CDN per year.

The Culture Piece: What it's Like to Work Here

The spirit of our aspirational culture is rooted in the concept of ‘No Deposit, No Return’. If you don’t put anything into your professional experience, you won’t get anything out of it. To bring this to life, we lean on our core values: Customer Orientation, Curiosity, Teamwork, Adaptability, Ownership and Coaching. If any of these words strike a chord, then we’ve got something in common.

  • Customer Orientation: Understands the value delivered to the customer, and cares about issues affecting them; anticipating their needs and acting in their best interest.
  • Curiosity: Seeks to learn more, seeing opportunities where others see challenges. Absorbs new information and ideas, applying them to build on learning.
  • Teamwork: Reaches out to peers and leadership to establish an overall collaborative working relationship, building trust and respect for the team's working agreements. Contributes actively to a common goal.
  • Adaptability: Maintains positive outlook and effectiveness by adapting to changing circumstances, responsibilities, and people. Offers and solicits feedback and reacts calmly to criticism or negative feedback.
  • Ownership: Actively focuses on achieving targeted results and objectives, initiating action and owning the outcomes.

We know that diverse teams make strong teams, so we welcome individuals of all backgrounds, experiences, and perspectives to apply. If you require any form of accommodation during the application process, don’t hesitate to let us know and we’ll work to ensure it’s a positive experience for you.

Read through this posting and not sure if you’re qualified? Apply anyways. You never know where it could go, and we promise to read and review every application that comes through - with a magnifying glass we like to call the ‘Potential’ Detector. Everyone has a great story, and we’d love to hear yours.

Please note that our recruiter is currently out of office the week of September 11, 2023. We aim to respond within seven days of us receiving your application, or by the week of September 18, whichever is later. All interviews will be held via Zoom video conference, and candidates can expect to meet various members of our team as we embark on a remote recruitment process to find the next great Financial Controller to join DigitalEd.