Job Description

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, 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!