Job Description

Ventum Financial Corp. ("Ventum") is a leading independent, Canadian-owned and nationally operated private client and capital markets firm, known for its client-centric approach and entrepreneurial spirit. Ventum's head office is located in Toronto, and administration and operations are located in Vancouver.

The Assistant Controller reports directly to the Corporate Controller and will oversee various financial operations of our self-clearing investment brokerage firm. You will be responsible for ensuring accurate financial reporting, compliance with regulatory requirements, and the efficient management of financial resources. This role requires a deep understanding of financial management, investment brokerage operations, regulatory reporting, and International Financial Reporting Standards (IFRS).

In this role you will have the opportunity to:

Accounting, Financial Reporting, and Analysis

Own & execute a timely and accurate month-end & year-end close process, ensuring completeness of records including reconciliation of balances and movements and working papers.
Prepare and present accurate and timely financial statements, including balance sheets, income statements, and cash flow statements.
Analyze financial data to identify trends, variances, and potential areas for improvement.
Identify and resolve discrepancies proactively, ensuring compliance with accounting standards and internal policies.
Ensure compliance with Canadian accounting standards, IFRS, and regulatory requirements.

Regulatory Compliance

Ensure adherence to all relevant regulatory requirements and industry standards, including those specific to self-clearing investment brokerage operations.
Prepare required regulatory reports and documentation including Form 1, MFRs and other regulatory filings in compliance with CIRO and FINRA requirements.
Preparation of capital adequacy monitoring reports and other regulatory compliance reports.

Financial Controls and Processes

Implement and maintain robust internal controls to safeguard company assets and ensure accurate financial reporting.
Streamline and optimize financial processes to enhance efficiency and effectiveness.

Team Leadership and Management:

Lead and mentor the Accounting Operations team, providing guidance and support to ensure high performance and professional development.
Collaborate with other departments to support cross-functional initiatives and projects.

Audit and Tax Compliance:

Help coordinate and manage internal and external audits, including statutory and regulatory audits, ensuring timely and accurate completion.
Assist Corporate Controller, as needed, with aspects of tax compliance and planning.

Continuous Improvement and Ad-hoc Projects

Proactively identify and drive improvements to current financial systems, processes, reports and models by leveraging financial data, non-financial data, external benchmarks, automation and prior industry experiences.

Cross-functional Collaboration & Support

Effectively support and back up the Corporate Controller role as required. This may include financial reporting to stakeholders and internal management & executive reporting. Actively participate in and / or lead cross-functional initiatives including (but not limited to): system implementations, process improvements, training, and thought leadership.

The Assistant Controller will have the following profile and qualifications:

Minimum of 5+ years overall experience with 3+ years in a supervisory or managerial role, preferably within a financial services-based organization. Bachelor's degree in accounting, finance, or a related field. CPA designation (or equivalent) required. Proven expertise in leading and executing the month-end process in a medium to large, complex organization. Strong understanding of Canadian accounting standards, IFRS, and regulatory requirements. Proficiency in financial software and systems (e.g., ERP systems, accounting software). Possess executive-level communication abilities, including reporting, presentations, and stakeholder engagement. Ability to confidently make decisions and recommendations in areas under your supervision. Knowing how and when to delegate is essential. A passion for solving challenging and impactful problems; getting into the weeds by understanding the how and why of business processes. A proven track record and enthusiasm for building, managing, mentoring, and inspiring teams and influencing peer organizations; ability to lead cross-functional initiatives. A curious nature: if something seems off, take immediate action to figure out what's going on. Excellent interpersonal skills and willingness to work in collaboration with various team members; confidence to express views. Effective writing and presentation skills; ability to communicate complex ideas in a simple and easy-to-understand way for both financial and non-financial audiences at the highest levels in the organization. Confidence to embrace new ways of doing things, including automating functions, finding scalable solutions, and driving continuous improvement. Familiarity with self-clearing investment brokerage firms operating in Canada is highly desirable. Exposure to regulations and regulatory organizations in Canada (CIRO) and US (FINRA) is an asset.
Ventum is committed to fostering an inclusive, accessible environment where all employees and customers feel valued, respected and supported. If you are invited to interview and require accommodation (including alternate formats of materials, or accessible meeting rooms or other accommodation), please let us know and we will work with you to meet your needs.