Finance Manager

Company Overview Alpaca is a US‑headquartered, self‑clearing broker‑dealer and brokerage infrastructure provider that offers services for stocks, ETFs, options, crypto, fixed income, and 24/5 trading. Our recent Series C funding round brought total investment to over $170 million, fueling our vision of opening financial services to everyone on the planet. Our Team We have a globally distributed team of more than 230 members, working from locations such as the USA, Canada, Japan, Hungary, Nigeria, Brazil, and the UK. Our team includes engineers, traders, and brokerage professionals committed to open‑source contributions and community building. Your Role The Controller, Financial Operations (Canada) leads the financial and operational compliance for our Canadian broker‑dealer. You will oversee daily financial operations, regulatory reporting, and internal controls, ensuring adherence to Canadian brokerage regulations. Key Responsibilities Financial Oversight and Reporting Oversee and own the preparation and filing of the monthly MFR (Monthly Financial Report) and support the bridge from internal reporting to the General Ledger and Form 1. Conduct analysis on fails, inventory, client receivables/deficiencies, borrow fees, and FX P&L. Lead the preparation of IFRS financial statements and notes for quarterly and annual reporting. Manage GST/HST/QST filings and intercompany accruals, invoices, and netting. Ensure adherence to CIRO rules on margin, client positions, and financing arrangements, including securities borrowing/lending. Daily Operations and Control Manage daily reconciliations (trust accounts, bank reconciliations, custody statements, client ledgers) and ensure exceptions are resolved promptly. Ensure daily reconciliations to CDS/DTCC statements and proper segregation of client assets. Partner with operations to review fails, settlements, and custody reconciliations, escalating issues as needed. Ensure appropriate escalation and approvals for unsettled client trades and pre‑borrow activities. Provide dual‑control approvals on trust and operational cash and securities movements. Maintain and manage the incident log for trust breaks, settlement breaks, and PAD spikes, ensuring timely resolution. Risk Management and Compliance Prepare and review the weekly RAC report and lead the Form 1 audit process, coordinating with external auditors. Support periodic capital stress testing and contribute to vendor oversight, including SOC reports. Ensure compliance with all applicable Canadian securities regulations. Ensure compliance with segregation of client securities and free credit balances, in accordance with CIRO Rules. Provide oversight of liquidity risk management, including daily capital utilization and funding requirements. Who You Are (Must‑Haves) Bachelor’s degree in Accounting or Finance; CPA designation is preferred. Familiarity with CIRO (formerly IIROC) reporting requirements; Form 1/MFR experience is a strong asset. 5–7 years of relevant experience in a finance or financial operations role within a carrying broker‑dealer or other financial institution in Canada. Excellent data analysis and reporting skills. Strong attention to detail, accuracy, and reliability, with the ability to thrive in a fast‑paced environment. Ability to adapt to a changing business and regulatory environment. Team‑oriented with a desire to help and support other team members. Enjoys challenges and taking ownership of new responsibilities. Nice to have: Investment Representative (IR) registration with CIRO, or willingness to obtain. How We Take Care of You Competitive Salary & Stock Options Health Benefits New Hire Home‑Office Setup: One‑time USD $500 Monthly Stipend: USD $150 per month via a Brex Card Alpaca is proud to be an equal‑opportunity workplace dedicated to pursuing and hiring a diverse workforce. #J-18808-Ljbffr