Job Description

Company operating name Cambridge Mercantile Corp.

Business address 121 King Street West, 4th floor, Toronto, ON, M5H 3X7

Title of the position Manager, Financial Reporting

Job duties

Support the accurate and timely execution of monthly, quarterly, and annual financial close processes, including review of journal entries, reconciliations, variance analyses, as well as other financial and regulatory reporting deliverables Review monthly, quarterly, and annual financial statements for each legal entity and on a consolidated basis Lead the preparation of statutory financial statements in accordance with local GAAP requirements and be the main point of contact for internal and external auditors Lead the accounting and financial reporting for derivative instruments, including FX forwards, options, and swaps in accordance with ASC 815 - Derivatives and Hedging and IFRS Liaise with external and internal auditors by addressing inquiries and providing appropriate support in a timely manner Research, analyze and implement new accounting standards and prepare technical accounting memos as needed Review balance sheet reconciliations on complex accounts that require higher degree of judgement and attention to detail Maintain effective internal controls over financial reporting and ensure SOX compliance Monitor evolving interpretations of ASC 606 and assess implications for existing and new revenue share and rebate contracts Analyze and document the impact of trade and settlement timing on revenue, receivables, and financial statement presentation Prepare and review disclosures related to derivatives and risk management in quarterly and annual financial statements. Drive continuous improvement by designing and implementing new processes as well as internal controls to incorporate evolving business needs and reporting requirements Maintain a high standard of partner service quality by taking ownership and accountability on incoming requests and responding with a high sense of urgency to ad-hoc inquiries from senior management, stakeholders, and other business partners Play a key role in system implementations, application or ERP enhancements, and data migration from a reporting perspective as needed Lead transformation projects and proactively identify process improvement opportunities Drive process improvements and automation initiatives to enhance reporting efficiency and scalability Analyze intercompany reconciliations, eliminations, and foreign currency translation adjustments. Collaborate with treasury, risk, and operations teams to manage and report on collateral requirements and exposures. Assist with business acquisition and integration initiatives as needed Provide coaching and guidance to the rest of Finance team members as needed Provide vacation coverage to other areas of the Finance department as required

Terms of employment Full-time (37.5 hours per week), permanent

Language of work English

Wage $113,000 - $120,000 CAD per year

Benefits package offered including vacation days

RRSP matching program Competitive health benefits (medical, dental, vision, paramedical services, STD, LTD, AD&D, Life Insurance, EAP, etc.) 15 paid vacation days (prorated in first year), 6 sick days, 4 personal days, 5 days of paid bereavement, 2 volunteer days Learning & Development training program

Location(s) of work (local area, city or town) Toronto, Ontario (Hybrid) - 2 Days in Office Requirement

Contact information

Irene.faison@corpay.com Mailing Address: 121 King St W, Floor 4, Toronto ON, M5H 3X7 PH: 416-646-6401

Skills requirements (includes education and work experience)

Bachelor's degree in Accounting, Finance, Accounting Science, or a related program 7+ years of progressive experience in financial reporting with at least 3 years focused on derivatives or financial instruments Minimum 1 year in a supervisory or managerial role Proven experience successfully undergoing audits by Big 4 accounting firms as it pertains to high upkeeping of financial reporting, internal controls, accounting, consolidation and audit-related functions Minimum of 3 years of experience working in a high-growth multi-entity, multinational organization in the fintech, payments, or financial services industry Minimum of 3 years working knowledge of IFRS, FRS 102, USGAAP and ASPE reporting frameworks and ICFR and SOX equivalent frameworks Minimum of 3 years of experience with multi-currency general ledger reporting and foreign currency transactions Proven experience with SQL, Power BI and Fenics, or equivalent Proven experience driving process improvements and automation initiatives to enhance reporting efficiency and scalability Minimum of 3 years of experience reporting under ASC 815 and IFRS 9, including fair value measurement of derivatives, offsetting of financial assets and liabilities, and expected credit loss modeling; with hands-on experience accounting for FX forwards, options, and swaps, as well as preparing derivative netting entries, reconciliations, and variance analysis. Minimum of 1 year experience maintaining internal controls over financial reporting (ICFR) and ensuring compliance with SOX or equivalent frameworks for derivatives, complex instruments and collateral reporting Minimum of 1 year experience overseeing the preparation of regulatory filings, capital adequacy reports and intercompany receivable liquidity covenants for MSB's under US regulations or similar framework Minimum of 3 years' experience supporting statutory reporting requirements including preparation of statutory financials in multiple jurisdictions Minimum of 3 years' experience leading and coordinating with external auditors and managing audit deliverables Minimum of 1 year working knowledge of collateral management practices ensuring accurate and timely reporting of collateral positions, margin calls, and related reconciliations. Proven experience managing and supporting bank and client trade migrations during post-acquisition integration, including coordination with internal stakeholders such as trading, operations, compliance, and technology to ensure seamless transitions and minimal disruption. Hands-on experience with integration planning, data mapping, reconciliation, and testing processes related to trade migration and client onboarding. Minimum of 1 year of experience with ASC 606/605 and IFRS 15, including analyzing complex multi-party arrangements with Principal vs. Agent considerations, performance obligation satisfaction considerations for revenue recognition, and the corresponding financial statement disclosures. * Intermediate - Advanced proficiency in Microsoft Excel functions including INDEX -MATCH, VLOOKUP, XLOOKUP, SUMIFS, INDIRECT, Array Formulas, PivotTables and Pivot Charts