Corporate Controller

Profound-Medical-Inc; Mississauga; On-site; CAD 150,000 - 180,000; Full time

Benefits offered by this job

Group RRSP

Medical benefits

Job summary

Profound Medical is seeking a Corporate Controller to lead global accounting, financial reporting, consolidations, and internal controls. This senior role partners with the CFO and executive leadership to build scalable finance processes in a growing medical technology company.

Responsibilities include overseeing monthly close, consolidations across Canada, U.S., Europe and Asia, SEC/public filings preparation, and technical accounting analyses.

Job description

Our mission is to Profoundly change the standard of care by creating a tomorrow where clinicians can confidently ablate tissue with precision; a tomorrow where patients have access to safe and effective treatment options, so they can quickly return to their daily lives. Changing the standard of care is part of our fabric. We are a group of energetic, problem-solvers focused on innovation, and looking to change the world. We are changing the paradigm for treating diseases such as prostate cancer by using real-time MR Imaging, thermal ultrasound and close-loop temperature feedback control, to gently ablate the diseased tissue with minimal side effects.

If you share our values and want to work in a collaborative results focused culture and want to make a Profound impact in healthcare and your career, here is your chance.

General Accountability

The Corporate Controller will be a key member of the finance leadership team and a strategic partner to the CFO. This individual will lead all aspects of global accounting, financial reporting, consolidations, internal controls, audit management, treasury oversight, and financial compliance.

The successful candidate will bring strong public company experience, technical accounting expertise, leadership skills, and a proactive mindset for building scalable processes in a growing medical technology organization.

This role offers an opportunity to influence the future of the finance function while partnering closely with executive leadership, operations, commercial teams, and external stakeholders.

Key Responsibilities

Financial Reporting & Close

• Lead the monthly, quarterly, and annual close processes.
• Oversee global consolidation of Canadian, U.S., German, Chinese and Finnish operations.
• Ensure timely and accurate financial reporting under U.S. GAAP.
• Review and approve journal entries, reconciliations, and accounting estimates.
• Maintain the integrity of the general ledger and chart of accounts.

SEC & Public Company Reporting

• Oversee preparation and review of quarterly and annual filings, including:
  • Form 10-Q
  • Form 10-K
  • MD&A
  • Earnings release support
  • SEDAR+ filings
• Coordinate with external legal counsel, auditors, and filing service providers.
• Ensure compliance with applicable securities regulations and disclosure requirements.

Technical Accounting

• Research and document accounting positions under U.S. GAAP.
• Lead technical accounting analyses related to:
  • Revenue recognition (ASC 606)
  • Stock-based compensation
  • Foreign currency accounting
  • Business arrangements and contract modifications
  • New accounting pronouncements
• Prepare and maintain accounting memos and supporting documentation.

Internal Controls & Compliance

• Maintain and enhance the Company's internal control framework.
• Support management's assessment of internal controls over financial reporting.
• Lead process improvement initiatives to strengthen control effectiveness and operational efficiency.
• Coordinate external audit and quarterly review activities.
• Ensure compliance with corporate policies and regulatory requirements.

Treasury & Cash Management

• Oversee cash management activities and banking relationships.
• Monitor liquidity and working capital.
• Support cash forecasting and capital planning initiatives.
• Review foreign exchange exposures and treasury controls.

Team Leadership

• Lead and mentor the accounting and finance team.
• Foster a culture of accountability, continuous improvement, and professional development.
• Establish clear performance expectations and create growth opportunities for team members.
• Partner with FP&A, Human Resources, Operations, Commercial, and Executive Leadership teams.

Strategic Finance Support

• Support financing activities, investor relations initiatives, and Board reporting.
• Partner with the CFO on strategic projects, financial planning initiatives, and operational improvements.
• Assist in evaluating new business opportunities, commercial arrangements, and international expansion initiatives.

Education & Certifications

• CPA designation (CPA, CA preferred).
• Bachelor's degree in Accounting, Finance, or related field.

Key Attributes

Required

• 7-10+ years of progressive accounting and finance experience.
• Public company reporting experience.
• Strong knowledge of U.S. GAAP and SEC reporting requirements.
• Experience managing external audits.
• Advanced Excel and financial systems proficiency.
• Demonstrated people leadership experience.

Preferred

• Medical device, healthcare technology, manufacturing, or life sciences industry experience.
• Experience in both Canadian and U.S. reporting environments.
• ERP implementation or finance transformation experience.
• Exposure to multinational operations and foreign subsidiaries.

We thank you for your interest in Profound Medical. Please note only candidates that are short-listed will be contacted.

The expected annual salary range for this role is $150,000 -$180,000 CAD. Actual compensation will be determined based on experience, qualifications, and job-related factors. This role may also be eligible for participation in the company’s benefits programs, such as a group RRSP and medical benefits paid by the employer.

We strive to promote diversity and equal opportunity in the workplace and encourage applications from all qualified individuals, including those with disabilities. If selected to participate in the recruitment, selection, and/or assessment process, please inform Human Resources of the nature of any accommodation(s) that you may require.