Director of Finance and Accounting
3 days ago
Innisfil ON, Simcoe County, ON; Ontario, Canada
The MEARIE Group
Full-time
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Director, Finance & Controller
Join us at InnPower as a Director, Finance & Controller
Located at 7251 Yonge Street in Innisfil, InnPower is one of the fastest growing electrical utilities in Ontario, servicing the Town of Innisfil and South Barrie. We serve our community as the local hydro utility – looking after the distribution (“wires”) business – with approximately 24,000 customers, and a service territory of 292 square kilometers.
To deliver the energy our communities depend on to grow and prosper, with a commitment to safety and reliability, and a passion for value-added services to our customers, employees, and shareholder.
To be one of Canada’s most innovative utilities, committed to boldly leading change, to create maximum value for our stakeholders.
Health, Safety & Environmental (HSE) Stewardship
Innovation & Sustainability
Fostering a Collaborative, Supportive & Respectful Culture
Community Leadership & Presence
Excellent health and dental benefits
A great pension plan
Employee Assistance Program for mental health & wellbeing
Reporting to the Chief Financial Officer, the Director of Finance & Controller provides strategic and operational leadership for all accounting, financial reporting, controllership, billing, settlements, budgeting, treasury administration, and financial operations across InnPower Corporation, InnServices Utilities Inc., The Director is responsible for ensuring the integrity of the Corporation's financial reporting, maintaining strong internal controls, supporting statutory compliance, and leading continuous improvement initiatives across finance operations. The role oversees the Finance Managers and Manager of Billing & Settlements, providing leadership that promotes operational excellence, financial stewardship, collaboration, and employee development. Working closely with the CFO and senior leadership team, the Director supports strategic financial planning, capital investment decisions, enterprise risk management, and organizational growth while ensuring efficient day-to-day financial operations.
Lead all accounting and financial operations for InnPower, InnServices and affiliated corporations.
Ensure accurate, complete and timely monthly, quarterly and annual financial reporting in accordance with IFRS and applicable regulatory requirements.
Oversee the preparation of financial statements, regulatory filings, stakeholder reporting, and other required disclosures.
Ensure appropriate accounting policies are developed, documented and consistently applied.
Lead the annual external audits and coordinate all audit activities.
Financial Planning & Analysis:
Oversee corporate forecasting and long-range financial planning.
Utilize legacy FP&A tools and lead the adoption of evolving AI developments in FP&A to review financial performance against budget and identify trends, risks and opportunities.
Develop meaningful financial performance indicators and dashboards.
Provide financial analysis supporting capital investments, infrastructure planning and major corporate initiatives.
Support the CFO in development of long-term financial strategies.
Lead ongoing modernization of finance operations including the evaluation and adoption of AI tools to support efficiency and the effectiveness of the group.
Champion automation and process improvements.
Provide sponsorship for ERP implementations and upgrades.
Promote data integrity and system governance.
Collaborate with leaders across Finance and the business to assess financial reporting impacts, and enable informed decision-making.
Internal Controls & Corporate Governance:
Lead development and maintenance of the Corporation's internal control framework.
Ensure appropriate financial controls exist to safeguard corporate assets.
Monitor compliance with accounting standards, legislation, corporate policies and requirements.
Coordinate implementation of audit recommendations.
Support enterprise risk management from a financial perspective.
Billing & Settlements Oversight:
Provide oversight of all billing and settlement activities including:
Electricity distribution billing
Water and wastewater billing
Revenue reconciliation
Customer billing controls
Billing system integrity
Accurate and timely customer billing
Regulatory compliance
Strong billing controls
Effective reconciliation processes
Continuous improvement of billing systems and customer experience.
Treasury & Cash Management:
Oversee corporate cash management.
Monitor cash flow and liquidity requirements.
Support debt financing activities and banking relationships.
Oversee investment activities in accordance with corporate policies.
Review borrowing requirements and financing recommendations for the CFO.
Provide leadership and coaching to the Finance Managers (2) and Billing & Settlements Manager.
Manage staff performance, professional development, cross-functional collaboration,