Senior Accountant at Ventum Financial Corp. – Vancouver, British Columbia

Company Overview: Ventum Financial Corp. is a leading independent, Canadian-owned and operated Capital Markets and Private Client Services firm, known for its client-centered approach and entrepreneurial spirit. Ventum was formed as a result of the merger between Echelon Wealth Partners and PI Financial in June 2024. Ventum Capital Markets is a premium full-service broker dealer offering investment banking, advisory, equity research, institutional sales and trading, and retail distribution to small-cap and mid-sized public and private companies in a wide variety of sectors across Canada.

Job Overview:

The Senior Accountant reports directly to the Controller and will oversee various financial operations of our self-clearing investment brokerage firm. You will be responsible for maintaining accurate financial records, supporting regulatory compliance, and contributing to the overall efficiency of the accounting department. Through this role, you will develop and exercise core accounting and financial reporting skills, understanding of the financial services industry, investment brokerage operations, regulatory reporting, and International Financial Reporting Standards (IFRS).

In this role you will have the opportunity to:

• Accounting & Month-end / Year-end Close

Execute key accounting functions, ensuring accuracy and completeness of financial records.

Prepare journal entries, including complex accruals and intercompany transactions.

Maintain and reconcile key balance sheet accounts, such as accrued liabilities, receivables, deferred revenue, prepaids, fixed assets, right-of-use, and intercompany balances.

Perform month-end and year-end close activities, ensuring timely completion of reconciliations and working papers.

Identify and resolve discrepancies proactively, ensuring compliance with accounting standards and internal policies.

• Financial & Regulatory Reporting

Prepare and analyze financial statements and management reports, providing insights on variances and trends.

Preparation of Form 1 and other regulatory filings in compliance with CIRO and FINRA requirements.

Preparation of capital adequacy monitoring reports and other regulatory compliance reports.

Assist with external audit preparation, including drafting working papers and responding to auditor requests.

Maintain and improve internal controls and financial reporting processes.

• Capital Markets Group & Private Client Services

Support Capital Markets Group (CMG) & Private Client Services (PCS) with accounting, reporting and information requests, as needed

Maintain and reconcile CMG receivables, deferred revenue, and retainer accounts and schedules; assist CMG with deal accounting

Assist in the preparation of the quarterly CMG bonus pool calculation and supporting documents

Assist with the allocation of costs and recoveries to PCS investment advisors

Maintain and reconcile PCS commission payable accounts, including insurance and segregated funds

• Tax and Indirect Tax Responsibilities

Provide support for tax compliance, including GST/HST filing and reporting.

Maintain indirect tax working papers as support for filings

Collaborate with external service providers to ensure timely and complete tax filings

• Process Improvement & Compliance

Identify and implement process efficiencies and automation opportunities to improve financial reporting and month-end close timelines.

Ensure compliance with IFRS and regulatory reporting requirements.

Support system upgrades and enhancements, working with IT and other stakeholders as needed.

Collaborate with other departments to improve data integrity and streamline workflows.

• Support Functions

Assist Controller with financial and regulatory reporting inquiries from senior management.

Collaborate with other departments to ensure accurate recording of operational data.

Contribute to ad-hoc projects such as process improvements and system upgrades.

• Other Duties as Assigned

Perform administrative tasks to support the accounting team.

Respond to internal and external inquiries regarding financial matters.

The Senior Accountant will have the following profile and qualifications:

• Bachelor’s degree in accounting, finance, or a related field. CPA designation (or working towards completion of a CPA designation or equivalent) is encouraged.
• Minimum 4+ years of progressive accounting experience, preferably within financial services, capital markets, brokerage. Public practice experience considered an asset.
• Strong working knowledge of Canadian accounting standards. Exposure to IFRS and regulatory reporting requirements is considered an asset.
• Working knowledge of financial software and systems (e.g., ERP systems, accounting software).
• A curious nature: if something seems off, take immediate action to figure out what’s going on.
• Excellent interpersonal skills and willingness to work in collaboration with various team members; professionalism in communication and interactions with team members and external parties is required.
• Familiarity with self-clearing investment brokerage firms operating in Canada is an asset.
• Exposure to regulations and regulatory organizations in Canada (CIRO) and US (FINRA) is an asset.

Ventum Financial is committed to fostering an inclusive and accessible workplace. If you require accommodations during the recruitment process, please let us know, and we will work with you to meet your needs.