About The Role
Hi, I'm Dave [https://www.linkedin.com/in/davemckenzie85/], Head of Finance, at
Loop [https://www.bankonloop.com/] and I am hiring an up and coming Finance
Manager to lead our financial operations and ensure the integrity of our
accounting processes. This role will own the bookkeeping and accounting across
all our group entities, and oversee the reconciliation of product-specific
ledgers, including accounts, credit cards, and loans to ensure Loop meets its
customer and regulatory obligations. 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.
Where You Come In
The Finance Manager will have exposure to a variety of finance, accounting,
reporting and treasury functions as well as supporting Loop’s compliance and
internal audit needs. You will be responsible for managing the day-to-day
accounting and treasury operations, ensuring accuracy in financial reporting,
and assisting compliance with regulatory requirements. This position is newly
created to support our continued growth in our finance team.
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 process 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 and key stakeholders
Treasury:
- Oversee the daily management of Loop’s treasury activities, ensuring all
transactions are actioned, recorded and reconciled on a timely basis
- Lead the management and accuracy of product reconciliations, including
customer cash accounts and lending accounts
- Action daily treasury activities on a timely basis
- Assist in the preparation and filing of all required daily, monthly and
annual reports as required by Loop’s financial partners
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 both the finance team and other teams at Loop
- Provide financial insights and recommendations to senior management to drive
business performance.
- Support the Operations and Sales teams with customer related queries related
to transactions
- Assist with operational tasks such as credit evaluation, compliance
evaluations and account investigations as needed
What We're Looking For
- CPA designation or equivalent
- 3+ years of progressive accounting experience, including experience in
financial services
- 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
- Knowledge of fintech operations, including product-ledger reconciliations.
People You'll Be Working With
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
- Enrollment in group's health benefits after probation period
- This role is onsite in our downtown Toronto office
- 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 two team members, including a 45 minute in
person assignment
- Take home questionnaire
- 30 minute in person meeting with Cato, CEO and Co-Founder
- Background check and offer
Our Mission, Vision and Values
- Mission: To help businesses seamlessly manage money around the world so they
can access more markets, save money and simplify their operations
- Vision: The future of business is global by default. Loop will be the first
business bank that is global by default.
- Values: Act with Urgency, Take Radical Ownership and Be Kind
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!
