Finance Manager in Toronto, Ontario at Loop

About Loop

Loop is a fast-growing FinTech 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.

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, 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).

Where You Come In

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.

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 receivableAssist the Head of Finance in ensuring accurate and timely monthly, quarterly, and year-end financial accounting for consolidated and standalone operating and regulated entitiesConduct complete, accurate and timely accounting, reporting and analysisAssist in the management of Financial and KPI reporting requirements for investors, key stakeholders, and company management

Treasury

Ensure ongoing compliance with Loop’s daily requirement to safeguard customer fundsWork with Operations team to ensure daily reconciliation is undertaken and ensure accurate accounting of customer funds flows.

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 findingsCoordinate 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 requirementsSupport the internal risk and compliance functions to ensure Loop is meeting its regulatory responsibilitiesMonitor 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 LoopProvide financial insights and recommendations to senior management to drive business performance.

What We're Looking For

CPA designation or equivalent3+ years of progressive accounting experienceProficiency in accounting software and ERP systems; experience with QuickBooks, NetSuite, or similar platforms.Basic knowledge of SQL for writing data queriesStrong financial acumen, problem-solving and analytical skillsImpeccable accuracy with numbers and high attention to detail Advanced working knowledge of Microsoft ExcelYou are a strong communicator and can effectively convey financial concepts and information to othersYou are a self-starter and can work without supervisionYou are comfortable working through ambiguous situations and managing multiple priorities

It’s a bonus if you have

Experience working in FinTech or financial servicesKnowledge of fintech operations, including customer fund reconciliations and treasury management

What Does It Take to Be a Looper?Loop is not for everyone. And that's intentional.

We're building the financial infrastructure that helps businesses move money across borders — and we move fast. We take ownership and trust each other to get things done. From day one, your impact will be felt immediately.

And because of that, we need builders. People with grit who take full ownership, thrive in fast moving environments and are comfortable figuring things out as they go.

If that sounds like you, we want to hear your story.

What's in it for you?

Opportunity to be part of a high-growth FinTech startup.Make a real impact on the business. Competitive salaryChance 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 Group health benefits after probationOnsite role in downtown TorontoKitchen full of snacks and drinks to keep you going throughout the dayCatered 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 FinanceTake home assignment to get to know your work style better60 minutes in person meeting with Cato, CEO and Co-Founder and Chief of Staff, SarahBackground 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 operationsVision: The future of business is global by default. Loop will be the first business bank that is global by default.ValuesOwnership - We build, raise standards and take full accountability for our results.Speed - We come prepared, make decisions quickly and act without waiting for perfect answers.Respect - We put the customer first, communicate candidly and never compromise on quality.Grit - We finish what we start, run toward challenges and focus on solutions.

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!