Nicolae (Nick) Oancea

Senior Controller with 15+ years of experience leading financial operations in construction, real estate, and project-driven environments. Expertise in full-cycle accounting, project accounting (WIP, percentage-of-completion), job costing, and multi-entity structures. Proven track record of building accounting functions, strengthening internal controls, improving cash flow visibility, and delivering accurate, decision-ready financial reporting.

Hands-on leader with strong ERP implementation and process optimization experience.

Controller - C4 Property Corporation / Royal Door Group

(2024-11)

• Lead full-cycle accounting for multi-entity property operations
• Oversee AR/AP, payroll, general ledger, and intercompany transactions
• Prepare lender reporting, financial statements, and cash flow forecasts
• Ensure compliance with GST/HST, WSIB, EHT, and payroll remittances
• Deliver project, inventory, and operational performance reporting
• Built accounting framework for a newly established operating entity
• Standardized revenue recognition and billing processes, improving AR accuracy and collections
• Improved reporting structure and close timelines across entities

Financial Controller - Crozier Mechanical Inc.

(2023-05 - 2024-11)

• Led project accounting including WIP schedules, job costing, and margin tracking
• Managed progress billing, holdbacks, and percentage-of-completion revenue recognition
• Oversaw budgeting, forecasting, and cost-to-complete analysis
• Partnered with operations and project managers to improve cost control
• Implemented WIP and POC reporting, significantly improving margin visibility
• Introduced cost control processes reducing project overruns
• Enhanced financial reporting accuracy and forecasting reliability

Chief Financial Officer - EAMA Inc.

(2020-10 - 2023-03)

• Directed financial operations for a project-based organization
• Implemented ASPE-compliant accounting policies and reporting processes
• Managed cash flow forecasting tied to project milestones
• Negotiated banking facilities and supported growth initiatives
• Corrected costing and revenue recognition gaps, improving productivity by 15%
• Developed KPI dashboards to strengthen operational decision-making
• Improved liquidity planning and lender reporting

Controller - Bibico Electric Inc.

(2007-08 - 2020-10)

• Managed accounting for electrical contracting operations
• Oversaw multi-entity reporting, project accounting, and intercompany transactions
• Handled fixed assets and capital project accounting
• Implemented disaster recovery system, preventing losses exceeding $500K
• Generated recurring annual savings of $400K through financial improvements
• Strengthened internal controls and reporting processes

CPA, CGA - Accounting - CPA Ontario

MBA - Business Administration - Laurentian University

Bachelor of Science - Engineering - University of Iași