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Profound Medical

MRI-guided, incision-free prostate ablation platform

Corporate Controller

Financial AccountingConfirmed live in the last 24 hours
Full-timeMississauga, ON, CanadaCA$150k - CA$180k /yrHybrid

About the Job

Requirements

  • A bachelor's degree in Accounting, Finance, or a related field is required.
  • A CPA designation is required; CPA, CA is preferred.
  • Seven to ten or more years of progressive accounting and finance experience are required.
  • Public company reporting experience is required.
  • Strong knowledge of U.S. GAAP and SEC reporting requirements is required.
  • Experience managing external audits is required.
  • Advanced Excel and financial systems proficiency are required.
  • Demonstrated people leadership experience is required.

Responsibilities

  • 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.
  • Oversee preparation and review of quarterly and annual filings, including Form 10-Q, Form 10-K, MD&A, earnings release support, and SEDAR+ filings.
  • Coordinate with external legal counsel, auditors, and filing service providers.
  • Ensure compliance with applicable securities regulations and disclosure requirements.
  • 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, and new accounting pronouncements.
  • Prepare and maintain accounting memos and supporting documentation.
  • 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.
  • 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.
  • 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.
  • 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.

Desired Qualifications

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

About the Company

Profound Medical

MRI-guided, incision-free prostate ablation platform

Profound Medical makes incision-free therapies for diseased tissue, led by the TULSA-PRO system for prostate ablation. The device uses real-time MRI guidance, robotic transurethral ultrasound, and closed-loop temperature control to ablate a defined prostate volume in a single outpatient session, avoiding surrounding tissue damage. Revenue comes from a razor-blade model: upfront sale of capital equipment plus recurring income from single-use consumables, leases, and services; AI software modules TULSA-AI are in development to improve usability. Their goal is to broaden access to precise, radiation-free prostate treatment by expanding adoption in major hospitals and imaging centers while growing recurring revenue.

Company size
51-200
Company stage
IPO
Headquarters
Mississauga, Canada
Founded
2008

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