Controller, Accounting, Financial Reporting

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Total Power Limited is Canada's leading provider of power generation equipment and services. The Equipment Division manages a complex portfolio of long-term contracts spanning generator projects, ATS installations, start‑up services, and maintenance agreements.

We are looking for a technically strong Controller to own the Equipment Division's financial reporting and revenue recognition cycle, while also contributing to the broader controllership responsibilities of the group. The role sits at the intersection of accounting rigour, project economics, and strategic finance — with direct collaboration across Project Management, Sales, and senior Finance leadership.

The right candidate has deep project accounting experience, hands‑on POC expertise, and an appetite for improving how the close process works. Familiarity with Microsoft D365 F&O and comfort with data and AI tooling are meaningful differentiators.

• Own the monthly POC calculation across the Equipment Division project portfolio.
• Set the appropriate POC decision for each project each period based on contract terms and project status.
• Maintain the accrual model: expected contract values, forecast cost inputs from Item Requirements and GP reports, and start‑up labour estimates.
• Produce and validate all revenue accrual and deferral journal entries in ERP.
• Manage the Equipment Division close calendar; coordinate data pulls from D365 and ensure all inputs are reconciled before the model runs.
• Ensure proper application of vendor rebates to project costs and track volume rebate progress.
• Prepare monthly financial statements for the Equipment division, including consolidated statements with full intercompany eliminations.
• Prepare branch and departmental financial statements.
• Provide budget‑vs‑actual and period‑over‑period variance commentary.

• Serve as the Finance partner to Equipment Division project management — attend project reviews, challenge margin assumptions, and flag cost or scope changes with financial impact.
• Partner with Sales on contract review, pricing economics, and change order assessment.
• Deliver project‑level margin commentary to PMs and sales leaders; surface at‑risk projects and recognition issues proactively.
• Collaborate with other business unit leaders to maintain consistent accounting policies across the organisation.

• Lead monthly and quarterly revenue and gross margin forecasts for the Equipment Division.
• Own Equipment Division cash flow forecasting — billing milestones, retention release, receivables ageing, and accrued revenue conversion.
• Flag early signals of margin erosion, billing shortfalls, or cash timing risk.
• Support the annual budget and long‑range planning process with bottom‑up project‑level builds.

• Coach and mentor direct reports; conduct regular one‑on‑ones and support recruitment and performance management.
• Calculate monthly commissions and bonuses for designated staff; post related accruals.
• Manage year‑end inventory counts and financial variance adjustments.
• Oversee monthly service WIP reconciliation and fixed asset accounting across the group.
• Ensure internal controls over financial reporting and assets are documented and maintained.

• Continuously improve the POC model and close process to reduce manual effort and shorten cycle time.
• Identify and implement AI and automation opportunities within the finance function.
• Work with D365 and IT to improve data quality at source and reduce offline spreadsheet reliance.
• Identify cost‑saving opportunities; maintain a continuous improvement mindset.

• Maintain year‑round audit readiness — reconciliations, supporting schedules, and POC documentation always…