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, and oversee the daily reconciliation and treasury management across the Loop product set, including payment accounts, foreign exchange, 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 (Adelaide and Spadina).
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, 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:
Oversee the daily management of Loop’s treasury activities, ensuring all transactions are actioned, recorded and reconciled on a timely basis
Reconcile customer transactions and balances against payment providers and banks across Loop’s product set, including payment accounts, foreign exchange, credit cards and loans
Ensure ongoing compliance with Loop’s daily requirement to safeguard customer funds and treasury management of liquidity across Loop’s banking and payment providers
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 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
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
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 Chief of Staff, Sarah and Head of Operations, Jeff
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!
