Head of Finance


Desired Start Date: As soon as possible

Job Location: Toronto - Spadina and Adelaide

Lending Loop provides small-to-medium sized businesses access to fast, fair and affordable growth financing through its peer-to-peer lending platform. Our team is passionate about being the long-term capital provider of choice for small business. Our mission is to create a marketplace where all Canadians - individuals, corporations and government can support the growth of the small business community, which is the backbone of a healthy and innovative economy. Since 2015, more than 400 Canadian businesses have received over $25 million in financing through 20,000+ investors on our platform.

The Role

As one of Canada's leading fintech start-ups, Lending Loop is actively looking to have a full-time Head of Finance join the team to oversee finance and accounting. We’re looking for a self-starter looking to contribute their financial expertise and knowledge of accounting policies and practices to a growing organization. The ideal candidate will have an interest in building a career in Accounting or Finance and has a passion for small business and technology.

Expectations

As Head of Finance, you will be responsible for all accounting, bookkeeping, finance and treasury operations. You will be responsible for putting together financial models and plans, setting budgets and tracking spend, managing financial audits, overseeing compliance with accounting and process controls and ensuring accurate and timely reporting to regulators and our investors.


Key Responsibilities

  • Manage annual budgeting and forecasting processes;

  • Compiling monthly financial and operational reporting on KPIs and tracking to budget;

  • Managing all accounts payable, including payroll and taxes, and accounts receivable;

  • Update and maintain the general ledger and accounting system;

  • Maintain a system of controls over accounting/financial transactions;

  • Reconcile all bank accounts, credit cards and other expenses as required;

  • Assist with all document collection and preparation for audits and financial filings, including government, tax and regulatory;

  • Prepare reporting for investors on a quarterly basis;

  • Handle pre-and post-assessment reviews by any auditors including the CRA;

  • Support and collaborate with others on finance-related requests or internal projects;


Desired Qualities, Skills, and Experience

  • CPA designation preferred;

  • 3+ years accounting experience in areas outlined above, preferably at a technology company;

  • Familiarity with IFRS and proficiency with accounting software and processes;

  • Strong financial acumen, results-driven with strong analytical skills;

  • Excellent judgment and discretion on handling confidential and sensitive information;

  • Experience interfacing with investors;


What We Offer

  • Hard-working, dynamic environment

  • Competitive salary

  • Employee stock options plan

  • Health benefits plan

  • 3 weeks vacation

To apply for this position, please email careers@lendingloop.ca with the Subject Line: “RE: Application for Head of Finance”. In your application, please provide a brief answer to the question “Why do you want to work for Lending Loop?”, your CV and LinkedIn profile. Only qualified candidates will be contacted.


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