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Director of Finance

2 months ago

Toronto, Ontario, Canada OTT Financial Full time

OTT Financial Group is a leading financial services company dedicated to providing innovative solutions in payments, foreign exchange, financial technology, and property development. With a focus on customer-centric approaches, OTT Financial Group continuously strives to enhance financial experiences through innovative technology and personalized services.

We are looking for a Director of Finance, to support the growth of our business in Toronto. Reporting to the Group CFO/SVP, the Director will support the management of the financial reporting, audit and tax and internal control functions across the OTT Financial Group. This position will partner with a professional work team responsible for the more complex and technically challenging areas of the company i.e., accounting, tax, information technology, operations, risk, and compliance etc. This is a full-time, permanent position working onsite at our Leslie St Head Office in North York. #LI-Onsite

#LI-Onsite

What is in it for you:

  • Salary: $120-160K
  • Extended Health, Dental, and Vision Benefits
  • Life and Disability Insurance
  • Performance Bonus
  • Vacation Leave
  • Centrally located modern and spacious offices close to Eglinton and Leslie
  • Free use of onsite Gym and Sports Facilities, and regular Company Social Events
  • Learning and Professional Development Support
  • A chance to work in a dynamic, collaborative, progressive and high performing team
  • Community involvement through the annual Terry Fox Run
  • Tremendous opportunities for Growth and Development

As our Director of Finance, you will:

  • Complete the "Financial Reporting Packages" for quarterly and annual reporting purposes on a timely and accurate basis.
  • Prepare consolidated financial statements on a monthly, quarterly and annual basis.
  • Prepare company working papers required for annual external and tax audits.
  • Prepare monthly tax returns for legal entities and assist in review of external accountant prepared tax returns.
  • Partner and advise operating companies to ensure compliance with internal controls/ processes.
  • Coordinate with external advisor on internal control reviews
  • Motivate, lead and coach the internal controls team by providing feedback and assisting in the formulation of personal development plans. Continuously assess and monitor talent development by identifying succession plans and challenging learning opportunities to foster professional growth, to support the business.
  • Direct support to senior management as tax lead on enterprise-wide tax, operating and business transaction projects
  • Driving value for the organization as the lead on tax strategies and planning initiatives
  • Develop manage and maintain strong cross-functional working relationships with other departments including Legal, Operations, Accounting, Human Resources and Treasury to ensure tax is at the forefront of business decisions and any tax risks associated with new product or sales channels are proactively identified and managed
  • Responsible for tax compliance and the principle contact for government tax audits
  • Responsible for the quarterly and annual income tax provision and related note disclosures
  • Providing oversight of tax payments and estimates communicated to Treasury and overall responsible over tax accounts to ensure activity and balances are reconciled and appropriately reflect the Company's tax position and status
  • Ensure transfer pricing policies and documentation is current, consistently applied and in compliance with transfer pricing regulations
  • Providing business analysis upon request including projections of future cash taxes
  • Consistently monitor and evaluate the internal processes and guidelines to ensure efficiency and provide recommendations on optimizing and automating the tax function while minimizing tax risks
  • Actively monitor, assess the impact of and respond to potential tax changes impacting the organizational structure

What you bring to the table:

  • A university degree or college diploma in business, accounting, finance, or a related field.
  • At least 7-10 years of experience in accounting or finance, with strong preference experience in Canadian tax accounting within the Big Four.
  • At least 3-5 years of experience leading an accounting/finance team as an Operational Finance Director or Sr Manager.
  • Must have CPA (Canada/Ontario) or CFA designation.
  • Broad exposure to tax planning, business development activities and reorganizations an asset.
  • Excellent organizational skills
  • Strong analytical skills, attention to detail, and the ability to identify key trends, risks, and opportunities.
  • Strong written and verbal communication skills, and people management skills
  • Ability to identify problems, recommend effective solutions, negotiate with management, and ensure that those solutions are implemented effectively and timely.
  • Integrity and sound judgement in all decisions and interactions aligned with our values and policies and external regulations.

This position is not remote or hybrid and is expected to report to our Leslie Street Head Office from Mon - Fri 9:00am to 5:30pm.

Visit our careers' page at and apply now.

OTT Financial Group is committed to fostering an inclusive and accessible environment where all employees feel valued and respected, and where every employee can realize their potential. We are committed to providing reasonable accommodation, if required, and will work with you to meet your needs. We appreciate all applicants for their interest; however, only those candidates selected for an interview will be contacted.