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Director of Accounting - London, ON (Closed)

Job Highlights

The Director of Accounting reports to the Vice President, Finance and is responsible for the overall financial analysis, planning, and reporting of the company. The Director of Accounting leads and supervises the finance department staff on accounting, Accounts Payable, Accounts Receivable, payroll, reporting, internal controls, budgeting, and other financial matters in line with the company’s strategy including cash-flow and treasury and all lending agreements.

About the Opportunity

  • Prepare Regular Management, Executive, and Investor Reports which highly the key metrics of the business with the appropriate degree of granularity for the respective level (i.e. KPIs)
  • Work directly out of the General Ledger and utilizing independent data (where appropriate) to identify and report accurately on a cost and revenue accrual basis to depict the underlying value sources of the business
  • Lead and supervise Investment Accounts Receivable finance department staff on accounting, reporting, internal controls, budgeting, and other financial matters
  • Ensure all financial statements of all entities within the group are prepared and reviewed including all intercompany balances
  • Collect and analyze cost data versus budget for ascertaining financial performance and risk assessment
  • Advise on and assist with preparation of annual business and operating plans, including annual budget
  • Manage budget and controls expenses
  • Manage the funding of term loan and credit card products in support of credit card and term loan production and asset generation
  • Prepare reports and evaluations for individual projects
  • Present financial reports to senior management, shareholders, and external lenders
  • Analyze and report on a regular basis regarding company status against, and ability to meet its strategic and operational objectives
  • Manage all cash-flow to and from lending partners including remittances and contractual payment of principal and interest
    • Prepare Funding Notices
    • Update Remittances for new investments
    • Organize funding process and ensure wires and flow of funds is properly executed
    • Preparation and submission of regular remittances through to financial partners
    • Updating financial partners on any upcoming issues or perspective breaches
    • Negotiate waivers and put in place remedial actions for issues which may arise
    • Maintain and manage the businesses covenant and trigger tracking systems
    • Alert and flag any short- or long-term perspective issues to the Executive  
  • Oversee and manage all EFT payments to US and Canadian vendors, including payroll, source deduction, and US and Canadian taxes
  • Other duties as required

About You

  • University degree in Finance, Business, Economics or Commerce
  • CPA designation
  • Minimum of 10 years’ experience in Accounting/Finance, preferably in the financial services industry

How to Apply

Click the “Apply Now” button and follow the instructions to submit your resume. Please note that we only accept documents in MS Word or Rich Text formats. When referencing this job, quote #25300.

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.