Assistant Controller

1 day ago

Boston MA United States Blankslate Full time

Ionomr Innovations is a leading clean technology company specializing in the development of advanced ion-exchange materials that are transforming the energy landscape. With a commitment to sustainability, Ionomr's innovative materials are used in hydrogen fuel cells, green hydrogen production, and carbon capture, contributing to a cleaner, more sustainable future. Headquartered in Vancouver, Canada, and with R&D and Production facilities in Boston and Rochester, Ionomr is at the forefront of cutting-edge research and development, driving the transition to a low-carbon economy with high-performance, durable, and environmentally friendly solutions.

The company's innovative materials are designed to enhance the performance, durability, and environmental impact of applications in green hydrogen production, hydrogen fuel cells, and carbon capture. Ionomr's solutions are pivotal in driving the global transition to a low-carbon economy, offering advanced alternatives that reduce costs, improve efficiency, and support sustainability. We would like to hear from you if you are looking for an innovative working environment and to be part of the future, today.

About the role:

We are looking for an experienced accounting professional to be the company Assistant Controller, who will be responsible for the Company’s long-term financial health and growth. The successful candidate will enjoy working collaboratively in teams and is happy to complete challenging tasks independently while seeking guidance when needed. This individual will oversee all accounting for both US and CA entities. They will be deeply involved in the financial aspects of a scaling technical company. We require an individual to have a deep knowledge of complex, cross-board accounting practices (CA and US GAAP) and a strong understanding of government funding, grant applications, regulatory requirements, and accounting principles. This role will be in the office and is not a remote working role.

Responsibilities

  • Prepare financial statements and handle monthly bookkeeping, including journal entries.
  • Maintain general ledger entries, reconciled accounts, and facilitated payments by accruing expenses and reconciling accounts.
  • Create monthly budget-to-actual reports with variance analysis.
  • Multi-subsidiary consolidation with foreign currencies.
  • Identify and recommend the implementation of internal controls and efficient processes.
  • Address accounting and financial queries through thorough research and data interpretation.
  • Ensure compliance with Sales & Use Tax implications and execute necessary payments and exemptions.
  • Manage multi-state sales tax filings and payroll filings in the USA and Canada.
  • Ensure adherence to all local, state, and federal financial regulations, and stay updated on changes in financial regulations to adjust company policies as needed.
  • Compile data for monthly and long-term budgets/forecasts across multiple cost centers, covering income statements, cash flow statements, balance sheets, and pro-forma financial metrics.
  • Develop Key Performance Indicators (KPI metrics) with reporting dashboards for comprehensive financial and management reporting.
  • Analysis of manufacturing variances where applicable; manage company’s costing methodologies and direct regular (invoice) payment run.
  • Provide analytical support for various business initiatives, including business development and treasury management.
  • Offer financial insights and support to various teams, including building financial models for projects and waste pile cleanup.
  • Develop and maintain complex financial models in Microsoft Excel for accuracy, efficiency, and usability.
  • Assist the management team with financing activities, including company valuation, financial models, and shareholder/investor documents.
  • Prepare or direct the preparation and filing of returns for sales, VAT and other taxes in all jurisdictions in which the Company operates in order to be compliant with all laws and regulations. Assist development teams with financial data provision and selected reporting for the Company’s SR&ED and other government funding initiatives.
  • Maintain appropriate transfer pricing structures and generate international intercompany transactions as necessary.
  • Responsible for all cost accounting, project accounting, project analysis, and capital expenditure analysis.
  • Ensure accurate maintenance of information for corporate filings, as necessary.
  • Leadership (in future) of Accounts Payable Specialists and Accountants.
  • Other duties, as required from time to time, are related to the support of the finance function and team.

Minimum Qualifications:

  • Chartered professional accountant with 6+ years of relevant experience.
  • Must possess a collaborative and service-oriented mindset with excellent communication and interpersonal skills.
  • CPA Preferred and at least 2+ years in the Assistant Controllership role in a manufacturing and public company environment.
  • Bachelor's degree in business, finance, accounting, or a related field or equivalent experience.
  • Demonstrate a robust understanding of finance and accounting concepts, CA and US GAAP.
  • Experience in manufacturing/assembly environments.
  • Excel in complex financial modeling and analysis.
  • Possess advanced proficiency in Microsoft Excel and Quickbooks.
  • Ability to engage effectively with sophisticated investors.
  • Excellent written and verbal communication skills.
  • Ability to collaborate with cross-functional teams.

Benefits:

  • Positive work environment.
  • Competitive benefits:
    • Stock options.
    • 401(k).
    • Health Insurance.
    • Dental Insurance.
    • Vision insurance.
    • Life insurance.
  • Ongoing training and development.
  • Paid Holidays & Time Off.
  • $100-145K base.
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