Position Title: Financial Accounting Manager

Client Details:

Our client serves the growing foreign exchange and payment needs of global businesses, importers and exporters, online sellers and personal clients. Offering sophisticated structured products and multi-currency accounts that corporate treasurers demand, while also assisting with international wire transactions for property purchases abroad, our client exists to provide a better alternative to banks.

Role Summary:

To work with Finance Director and a General Accountant in the development, management, and enhancement of North America (“NA”) Financial Control / Accounting, with oversight to: Managing the Firms general ledger and related postings, ownership of month-end accounting/reporting processes, balance sheet accounting and reconciliation; Audit and Regulatory reporting / exam support, etc.

The role will seek to improve the service delivered by the NA Finance department, both internally (e.g. ensuring accurate financial reporting, region / group business management understanding of cost and revenue streams) and externally (e.g. prompt resolution of regulatory reporting deliverables / queries, referral partner payment queries, point of contact for Auditors / external accountants).

Key Job Responsibilities:

Reporting & Audit

Provide financial information to business stakeholders (both internal and external) to assist in the preparation of reporting in line with local regulations

Prepare of the Firms US Inc. legal entity annual financial statements
Lead point of contact in addressing audit queries and deliverable requests
Lead Regulatory reporting, acting as point of contact for exam processes, alongside NA Finance Director
Maintain Permissible investment calculations in conjunction with NA Compliance and Group Treasury

Team Management

Responsibility for setting direction, monitoring work and quality of output for self and team; heavy influence to other aspects of NA Finance team.

Month-end Close / Firm Entity Accounting

Take ownership of the monthly general ledger postings for the North America business including accruals, prepayments, payroll, etc. in conjunction with Group
Financial Control team
Prepare the NA monthly reporting pack for Region & Group reporting purposes, including key movement/variance analyses
Produce reconciliation of accounting ledger to bank accounts
Identify, lead, and assist in process improvements / automation

General Ledger

Maintain and prepare reconciliations over relevant balance sheet accounts

Ensure the accuracy and alignment of both legal entity reporting and internal divisional reporting
Act as the key point of contact between back office and Finance (including offering accounting
advice on the processing of non-standard cash flows)

Other Duties

Assistance where required with preparation of annual budget and forecasts
Provision of ad-hoc analysis to Divisional Heads, Executive Team and Board
Assistance in group-wide project work
Ad hoc duties as required

Location:
Toronto, ON

Salary Range:
Based on Experience plus Bonus

Requirements:

A university degree in business (or related discipline) from a recognized and accredited educational institution
Qualified accountant (CPA, ACCA, ACA)

In-depth understanding of US Generally Accepted Accounting Principles (GAAP)
Material experience with general ledger oversight and the month-end/year-end close process
Experience with accounting systems (SUN experience is an advantage)
3-5 years’ experience in an accounting field desired
Financial services experience preferred

Effective communicator, both written and verbal
Advanced Excel skills and detailed knowledge of ERP / GL systems

Curious and willing to learn / adapt
Respectful, professional and conscientious
Highly capable operating and driving work forward independently, at times, and with larger, multi-functional teams as well
Heavily driven to improve (self, team, process, company