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Finance Manager - Brokerage

WealthsimpleRemote (Canada)
Remote Full-time

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Experience Level

Manager

Qualifications

Qualifications:Bachelor's degree in Finance, Accounting, or related field. Professional accounting designation (CPA or equivalent) is preferred. Minimum of 5 years of experience in finance or accounting, with at least 2 years in a managerial role. Strong understanding of IFRS and regulatory reporting requirements. Proficient in financial software and reporting tools, with experience in Oracle or NetSuite being an asset. Excellent leadership, analytical, and communication skills.

About the job

Create Financial Solutions People Trust

At Wealthsimple, our mission is to empower everyone to attain financial independence by simplifying financial services, ensuring transparency, and minimizing costs. As Canada’s leading fintech company, we proudly serve over 3 million clients with more than $100 billion in assets. We operate with agility, take ownership of our responsibilities, and are deeply invested in the well-being of our users. If this resonates with you, we invite you to explore further.

We take pride in our achievements thus far, and we are just getting started. Dive into our Culture Manual to discover more about our work environment.

Role Overview:

As the Finance Manager for Brokerage, you will play a pivotal role within the Brokerage Finance team, ensuring the accuracy, integrity, and regulatory compliance of Wealthsimple's brokerage financial reports. You will collaborate closely with teams in Operations, Product, Engineering, Risk, and Compliance while leading a small, dynamic team.

This position is ideal for an individual who enjoys tackling technical accounting challenges while mentoring team members through complex reconciliations. You will have the expertise to manage critical financial processes and the leadership acumen to cultivate a high-performing team.

Key Responsibilities:

  • Financial Reporting & Month-End Close: Take ownership of the month-end and quarter-end close processes for Wealthsimple's brokerage entity (WSII), which includes journal entries, reconciliations, variance analyses, and management reporting, all while ensuring alignment with IFRS.

  • Regulatory Reporting: Prepare and review necessary brokerage regulatory filings for CIRO and relevant securities regulators, including Form 1/MFR support. Collaborate with Compliance and Engineering to integrate regulatory requirements into our accounting frameworks and systems.

  • Revenue Management: Oversee essential revenue streams including crypto and investment-related earnings (trade commissions, management fees, etc.). Ensure robust end-to-end controls, reconciliations, and precise recognition within Oracle/NetSuite.

  • Internal Controls & Audit Compliance: Act as the control owner for key brokerage controls relating to revenue, interest, cash, and position reconciliations, ensuring documentation and testing comply with ICFR and SOC 1 standards. Lead brokerage-related audit walkthroughs.

About Wealthsimple

Wealthsimple is dedicated to transforming the financial landscape with innovative solutions that simplify financial management for individuals. As a trusted partner for investors, our focus is on transparency, efficiency, and accessibility in financial services.

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