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Manager, Accounting

4 months ago

Toronto, Ontario, Canada Magenta Capital Corporation Full time

Position:
Manager, Accounting

Reports To:
Controller

Company:
Magenta Capital Corporation

Supervises: 4

Location:
Remote

Travels: 0%

Position type:
Full-time, 16 months term (possibility of becoming permanent)

About Magenta

Magenta is one of Canada's largest and most established Canadian Mortgage Investment Companies on the verge of an exciting scale-up.

Since 1994, Magenta Capital Corporation has provided flexible mortgage solutions that truly help our borrowers.

As a leader in the alternative mortgage lending space, we partner with brokers to solve their client's short-term credit challenges and facilitate their return to traditional lending channels.

Magenta sources, underwrites, and manages a portfolio of mortgages secured by properties located in Ontario.


Most importantly, Magenta is now poised to make a giant leap forward in its corporate evolution as it takes advantage of the generational opportunity in the alternative mortgage market.

If you are a dynamic professional with an entrepreneurial spirit that wants to be an integral part of this unique opportunity, then we want to meet you.


A Message from our founder and CEO:
"If you believe that tomorrow matters,
If you and only you can define your tomorrows and write your own unique, epic life story,
If you want to be part of a dynamic team with that shared conviction,
If you want to be part of a great Canadian business success story,
If you want to be an owner and not just an employee,
Then we want to meet you"

~Gavin Marshall~

About your role

What you'll work on:

  • Lead a timely and accurate financial close, reviewing the monthly financial reporting packages.
  • Provide leadership and oversight to the accounting team, reviewing day to day work (including but not limited to payroll, accounts receivable, monthly dividends, reconciliations etc.).
  • Review trailer and referral fees quarterly to be processed by accounts payable.
  • Prepare monthly and quarterly compliance reporting packages for external stakeholders.
  • Work with the Default Management team to prepare a monthly risk assessment and potential loss analysis on power of sale properties.
  • Maintaining recordkeeping and preparing financial statements for Magenta group of companies.
  • Maintain relationship with financial institutions being the primary contact for any requests.
  • Assist with new system implementation, partnering with leaders across the business.
  • Lead the external audits, coordinating with appropriate parties to provide required support.
  • Assist senior management with adhoc requests, special projects and new initiatives as required.
  • Look for efficiencies and develop and document processes/procedures to elevate operations, accuracy and customer service experience.
  • Coach, develop, and inspire a dynamic team of Finance professionals.

What you need:

  • Bachelor's degree in finance, accounting, or business administration.
  • Professional accounting designation (CPA).
  • Advanced computer skills in MS Office Suite (Word, Excel and Outlook) knowledge of SAGE Intacct an asset.
  • Aptitude to enhance current systems and contribute new ideas with a focus on improving current processes.
  • Impeccable attention to detail with strong communication skills.
  • Excellent problem solving and critical thinking skills.
  • Ability to manage multiple priorities.
  • Strong analytical skills and ability to see the big picture.

What you should have:

  • Previous experience in similar financial roles is an asset.
  • Familiarity with IFRS reporting framework.
  • The ability to multitask and to project manage initiatives to completion.
  • The ability to work independently with little direction in a demanding, fastpaced environment.
  • Demonstrate professionalism, judgement, integrity and initiative.

What we offer you:

  • Competitive salary commensurate with experience.
  • Employee Share Purchase Plan ("ESPP") be an owner.
  • Employerpaid benefits.
  • Flexible work arrangements.
  • Licensing, training, and certification reimbursement as necessary.
  • An entrepreneurial environment with the opportunity to collaborate across business functions.
  • Crossbusiness unit training for succession planning and advancement within the company.


We are committed to an inclusive, barrier free recruitment and selection process, and work environment in accordance with the Accessibility for Ontarians with Disabilities Act (AODA).

We will be happy to assist applicants requesting accommodation at any stage of the hiring process.