Finance Manager

Loop is a fast-growing Fin Tech 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.

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 ).

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.

• 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

• 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.
• 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.

• 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.

• CPA designation or equivalent
• 3+ years of progressive accounting experience
• Proficiency in accounting software and ERP systems; experience with Quick Books, Net Suite, 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…