Director, Finance & Accounting

at  Theory and Practice

Theory+Practice (TAP) is a data product company that pairs behavioral economics with AI, enabling large enterprises to put their data to work. Specializing in the CPG and Retail industries, we help companies truly understand their customer behaviour 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 Director, Finance & Accounting with strong internal accounting, cost control and budget management experience within the technology industry, specifically SaaS, to join our fast-growing, 30-person team. As we are an early stage startup, this exciting role will include hands-on accounting activities (we are a Canadian company operating under ASPE (GAAP) standards) as well as strategic financial analysis including engagements with investors and clients. If you are interested in a high growth role, this is a great fit for you.

It is anticipated that you will bring the following experience and qualifications to TAP:

• CPA Designation is required.
• Experience working in a fast-paced technology company, ideally in a SaaS environment with hands-on accounting and revenue recognition experience.
• 7+ years of work experience, ideally with management of direct reports
• Experience with due diligence, financing rounds and/or M&A experience
• CPA firm audit experience is a plu

Reporting to the Chief Operating Officer, the Director, Finance & Accounting will be responsible for the 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 forward-thinking role within the record-to-report process, providing inputs within vital forecasts, analysis and modeling, and helping to strategize for growth at every step by assessing feasibility of ongoing projects and opportunities for future 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 in-office time may be required.

You will play a key role in ensuring the financial foundation of TAP is sound (including strict commitment to compliance, process and clarity of role), and in contributing to our open, collaborative and inclusive environment. The following is an overview of the scope of this exciting role.

• Lead the finance and accounting function at TAP, including financial analysis, accounting, budgeting, AR/AP, payroll, benefits, ESOP management
• Oversee all financial reporting requirements, including:
• Preparing month-end balance sheet schedules and journal entries
• Monthly revenue recognition and reconciliation per GAAP
• Reviewing billings and collections
• G/L management, Month over Month and cash flow analysis
• SaaS reporting, revenue recognition and financial analysis
• Financial modeling for internal analysis, funding rounds, and investor due diligence
• Manage the Annual Operating Plan (AOP) including budget development, budget vs actual expense reporting and analysis, project cost analysis and forward looking forecasting.
• Oversee tax filings such as PST and GST, and act as point of contact for CRA and other tax agencies.
• Prepare the financial elements for grant proposals and report or provide financial information to others (such as MITACS, and other government related programs).
• Execute various financial processes, including the creation and management of data rooms to support financial transactions or audits.
• 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 and compliance.
• Provide departments with metrics, financials and budget related guidance.

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

• Strong communication skills are a must.
• Integrity and a strong commitment to excellence.
• Attention to detail and process orientation; the habits and instincts to focus on the fine details of systems, and an inclination to make people and processes more organized.
• Support the growth and development of and collaborate with those you work with.
• Self-awareness: have confidence in your strengths and be aware of and open to opportunities 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.

It is anticipated that you will bring the following experience and qualifications to TAP:

• CPA Designation is required.
• Experience working in a fast-paced technology company, ideally in a SaaS environment with hands-on accounting and revenue recognition experience.
• 7+ years of work experience, ideally with management of direct reports
• Experience with due diligence, financing rounds and/or M&A experience
• CPA firm audit experience is a plus

Candidate must be based in Canada.
Compensation: $100K - $145K CAD commensurate with experience and education.
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