Assistant Controller

Assistant Controller

About Coolit Systems Inc.

Founded in Calgary, Alberta in 2001, CoolIT Systems is the leading Direct Liquid Cooling technology provider for data centers, supercomputers, and desktop computers. We design and manufacture solutions used by the largest tech companies globally. 

Recognized as one of “The Americas’ Fastest Growing Companies 2023” by Financial Times and honored with the Deloitte Fast 50 Clean Technology award in 2022, as well as the Deloitte Fast 500 distinction in both 2021 and 2022, CoolIT's rapid growth is capturing global attention. 

As demand for generative AI, high performance computing and cloud solutions rapidly expands, there has never been a more exciting time to join our team. 

What You’Ll Do:

Role:

Reporting to the Controller, the Assistant Controller will play a key role in supporting the company’s financial operations, ensuring compliance with accounting standards, and contributing to both process improvement and operational decision-making. This position is ideal for a detail-oriented accounting professional with strong analytical capabilities and a collaborative mindset, especially someone who thrives in a fast-paced technology or manufacturing environment.

Responsibilities:

• Assist the Controller with general ledger activities, including journal entries and account reconciliations.
• Analyze and manage various P&L and Balance Sheet accounts to ensure accuracy and completeness.
• Support the day-to-day operations of the accounting team, helping maintain timely and accurate financial records.
• Oversee inventory costing, fixed asset accounting, and capital expenditure tracking.
• Provide support for treasury functions, including cash flow tracking and reporting.
• Participate in the month-end and year-end close processes, ensuring timely and accurate financial statements.
• Collaborate with the Controller and cross-functional teams to enhance financial processes and support business operations.
• Contribute to the development and improvement of accounting policies, procedures, and internal controls, with a focus on automation and efficiency.
• Respond to internal inquiries and provide clear, actionable financial insights to non-financial stakeholders.
• Coordinate and support external audit requirements with proper documentation and communication.
• Assist with ERP system updates, financial systems integration, and process optimization projects.
• Take on additional responsibilities and projects as needed to support the finance team and broader organizational goals.

Who You Are:

Basic Qualifications:

• Bachelor’s or Master’s Degree in Accounting.
• CPA designation (or in final stages of completion) is required.
• 5 - 7 years of progressive accounting experience, ideally in a manufacturing or tech environment.
• Solid understanding of US GAAP and financial reporting standards.
• Strong knowledge of cost accounting (an asset), inventory management, and capital asset accounting.
• Hands-on experience with ERP systems (e.g., SAP, NetSuite, or Microsoft Dynamics).
• Proficient in MS Excel and financial statement analysis.
• Comfortable translating complex financial data and concepts to non-financial audiences and working closely with operations, supply chain, and other business units.

Skills:

• Exceptional attention to detail, with strong organizational and problem-solving skills.
• Excellent interpersonal and communication skills; able to work effectively with colleagues across departments.
• A collaborative team player who contributes to a positive work environment and supports team and organizational goals.

Why Coolit?

We strive to be an employer of choice and as such we believe in rewarding our employees with career and development opportunities that will maintain and strengthen our culture while aligning to our vision and values. 

We are a company that is full of vibrant, innovative people who love what we do. 

Benefits:

• Vacation and flex days, and paid company-wide shutdown during the holiday season. 
• Comprehensive benefits including Dental, Drugs, Optical, Paramedical and Health Spending. These costs are covered by CoolIT and are enacted from your first day. 
• Dress for your day – in a casual yet professional environment. 
• Retention rewards like “The Big Coffee Break” that reward tenure with additional vacation time and a monetary bonus. 
• Employee ownership program. 

We thank every candidate in advance, however, only those selected for an interview will be contacted. 

Successful candidates for this position will be required to undergo background checks including criminal records check and education.