Finance Manager

Reposted 19 Days Ago
Be an Early Applicant
Toronto, ON, CAN
In-Office
90K-110K Annually
Mid level
Fintech • Software • Financial Services
Businesses across Canada bank on Loop to save time and money with global credit cards, accounts and more.
The Role
Manage daily financial operations, ensuring accurate accounting, reporting, and treasury management, while complying with regulatory requirements and supporting strategic financial planning.
Summary Generated by Built In

About Loop


Loop is a fast-growing FinTech high growth startup that enables businesses to seamlessly manage money around the world so our clients can access more markets, accelerate their growth and simplify their operations with the only truly cross-border banking platform. Loop is enabling the next generation of businesses to thrive around the world and we are looking for ambitious people to join our mission.


About The Role

Hi, I'm Dave, Head of Finance, at Loop and I am hiring an ambitious Finance Manager to manage our day to day financial operations and ensure the integrity of our accounting processes. This role will own accounting and reporting across our group entities, interact with the Operations team for the accounting, reconciliation and safeguarding of customer funds across the Loop product, and assist in the ongoing strategic finance support of the business. The ideal candidate will thrive in a dynamic environment and have a deep understanding of fintech operations.


This role is an onsite position at our downtown Toronto office (Bay and Bloor).


Where You Come In

The Finance Manager will have exposure to a variety of finance, accounting, reporting and strategic functions as well as supporting Loop’s compliance and internal audit needs. You will be responsible for managing the day-to-day accounting operations, ensuring accuracy in financial reporting, and assisting compliance with regulatory requirements, including safeguarding of customer funds.


You will play a key role in the development and implementation of financial policies and procedures, and will have the opportunity to get involved in budgeting, forecasting, and strategic analysis. The ideal candidate has a strong background in accounting within a financial services environment, excellent analytical skills, and comfort operating in a fast-paced startup environment.


What You'll Be Doing


Accounting Management

  • Oversee all aspects of the day-to-day accounting function, including all general ledgers, accounts payable and accounts receivable
  • Assist the Head of Finance in ensuring accurate and timely monthly, quarterly, and year-end financial accounting for consolidated and standalone operating and regulated entities
  • Conduct complete, accurate and timely accounting, reporting and analysis
  • Assist in the management of Financial and KPI reporting requirements for investors, key stakeholders, and company management


Treasury

  • Ensure ongoing compliance with Loop’s daily requirement to safeguard customer funds
  • Work with Operations team to ensure daily reconciliation is undertaken and ensure accurate accounting of customer funds flows.


Financial Reporting

  • Support the Head of Finance in the external audit process with the provision of necessary data and reporting, and assisting in with the resolution of audit findings
  • Coordinate and manage external audits, ensuring timely completion and resolution of audit findings as well as compliance with regulatory requirements.
  • Help maintain and improve internal cross-functional management reporting requirements
  • Support the internal risk and compliance functions to ensure Loop is meeting its regulatory responsibilities
  • Monitor performance against budgets, analyze variances, and provide actionable insights to other internal teams.


Provide Additional Cross-Functional Support

  • Help with the preparation of budgets, forecasts, financial models and scenario analysis for the finance team and other teams at Loop
  • Provide financial insights and recommendations to senior management to drive business performance.


What We're Looking For

  • CPA designation or equivalent
  • 3+ years of progressive accounting experience
  • Proficiency in accounting software and ERP systems; experience with QuickBooks, NetSuite, or similar platforms.
  • Basic knowledge of SQL for writing data queries
  • Strong financial acumen, problem-solving and analytical skills
  • Impeccable accuracy with numbers and high attention to detail
  • Advanced working knowledge of Microsoft Excel
  • You are a strong communicator and can effectively convey financial concepts and information to others
  • You are a self-starter and can work without supervision
  • You are comfortable working through ambiguous situations and managing multiple priorities


It’s a bonus if you have

  • Experience working in FinTech or financial services
  • Knowledge of fintech operations, including customer fund  reconciliations and treasury management


People You'll Be Working With

  • Dave McKenzie, Head of Finance
  • Cato Pastoll, CEO
  • Sarah, Chief of Staff
  • And many more people across the team, visit our LinkedIn page


What's in it for you?

  • Opportunity to be part of a high-growth FinTech startup.
  • Make a real impact on the business. 
  • Competitive salary
  • Chance to work in an energetic, fast-paced, and collaborative startup culture.


What we offer

  • Salary range CAD$90,000-$110,000 annual, commensurate with experience 
  • Equity ranging 0.01%-0.1%
  • 3 weeks vacation 
  • Group health benefits after probation
  • Onsite role in downtown Toronto
  • Kitchen full of snacks and drinks to keep you going throughout the day
  • Catered lunch on Fridays (we take recommendations!)


Interview Process

  • 30 minutes video call to discuss the opportunity and the organization with Mandy, People and Business Operations Specialist 
  • 30 minutes video call to discuss the opportunity and the organization with Dave, Head of Finance
  • 60 minutes in person meeting with Product Operations Engineer, Jeff and Chief of Staff, Sarah
  • 30 minute in person meeting with Cato, CEO and Co-Founder
  • Background check and offer


How to Apply

To apply for this position, please click “apply” and share your resume, alongside a brief paragraph about yourself and your previous experience. Your application will be reviewed by our recruiters and hiring managers; we do not use AI tools for screening or selection.

Loop is committed to creating a diverse culture. We encourage you to apply regardless of who you are or where you came from - what matters is the journey ahead. Put simply, if you’re unsure about your qualifications for this position, we’d still encourage you to apply!

Top Skills

Excel
NetSuite
Quickbooks
SQL
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The Company
Toronto, Ontario
28 Employees
Year Founded: 2020

What We Do

Loop is a cross-border banking platform for Canadian-based businesses operating across Canada, the United States and around the world. Loop's consolidated multi-currency banking platform helps businesses save time and eliminate FX losses. Loop offers tailor made products including CAD/USD corporate cards, interest-free spending, corporate level purchasing power, no-fee global payments, accessible growth capital and real US dollar accounts to help online businesses grow.

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