Manager Finance

2 weeks ago


Markham, Canada ventureLAB Full time

**Manager, Finance — Job ID 202304**

(Full-time, Contract to December 31st, 2023)

**About ventureLAB**

ventureLAB is a not-for-profit leading global founder community for hardware technology and enterprise software companies in Canada. Our organization is led by seasoned entrepreneurs and business leaders with decades of industry experience in building IP-rich start-ups, scale-ups, and global multinationals to help businesses scale. Located at the heart of Ontario’s innovation corridor in York Region, ventureLAB is part of one of the biggest and most diverse tech communities in Canada. Since 2011, ventureLAB has enabled over 2,000 tech ventures to create over 4,000 jobs and raise more than $200 million in investment capital through our initiatives focused on raising capital, talent retention, technology and IP commercialization, and customer acquisition. Together with our community of entrepreneurs, innovators, investors, and partners, we enable technology startups to accelerate the commercialization of transformational products on a global scale. ventureLAB is home to the Hardware Catalyst Initiative — Canada’s only lab and incubator for hardware and semiconductor-focused companies. At ventureLAB, we grow globally competitive tech titans that build-to-scale in Canada — for global markets.

**Our Mission**

We grow globally competitive tech titans that build-to-scale in Canada.

**Our Vision**

Born Global. Built to Scale. Inclusive by Design. Inspire a new generation of global founders who choose Canada to scale IP-rich tech titans creating innovative hardware and scale-ready enterprise software solutions that transform communities and establish a blueprint for a more sustainable, inclusive tech ecosystem.

**Our Values — Team RIVIR**
- **Relentless**: We are tenacious, resilient, resourceful, and open-minded. We follow through and remove barriers so others can succeed.
- **Inclusive**: We embrace diverse opinions, ideas, and perspectives to make better decisions. We empower each other to do better, we are positive, and we do not judge ourselves or others.
- **Visionary**: We inspire a prosperous future predicated on diversity and inclusivity for our clients, partners, and community.
- **Innovative**: We ensure everyone is able to contribute to new innovative ideas and strategies. We are curious and ask questions for clarity.
- **Results-Driven**: We are proactive and decisive. We do what we say we will do. We are accountable. We have fact-based discussions and challenge each other respectfully.

ventureLAB is made up of passionate, driven individuals, and is growing quickly. It is a fast-paced, flexible environment where individual contributors make a big difference and work collaboratively to achieve shared goals. We are proud to be one of Canada’s Most Admired Corporate Cultures and a Great Place to Work®.

**Position Profile**

Reporting to the VP, Finance & Admin, the **Manager, Finance** will provide the operational support required to ensure the efficient and effective management of the Finance Department, as well as adhere to all external and internal reporting deadlines.

The **Manager, Finance** is responsible for ensuring full compliance with the policies and procedures as it relates to all finance and accounting initiatives at ventureLAB which includes oversight, governance and efficient administration of ventureLAB’s financial management system and its evolution to support the growth and strategic objectives of the organization.

The **Manager, Finance** will be an experienced leader with strong financial management experience and a proven track record of creative problem-solving and change management in a fast-paced, entrepreneurial driven organization.
- **Responsibilities**_
- Coordinate and manage monthly closings, general ledger reconciliations, accounts receivable, and accounts payable.
- Enforcing a system of policies, internal controls, accounting standards, and procedures, including management of ventureLAB contracts administration to support the requirements for other ventureLAB departments.
- Ensure compliance with all statutory requirements, policies, procedures, and governance. Mitigate financial risk by ensuring the accuracy and integrity of all accounting and financial reporting under GAAP.
- Maintain financial modelling for ongoing forecasting and reporting, as well as producing and maintaining a financial dashboard providing insights from financial analytics.
- Plan and manage multiple annual external audits.
- Plan, coordinate, and execute the annual budget process, and track monthly variances against budget.
- Periodic (monthly, quarterly and/or semi-annual) external financial reporting to government funding agencies and other key stakeholders. Track and report on total costs by programs.
- Lead the financial preparation of ventureLAB’s funding requests to external partners.
- Support the VP, Finance & Admin with special projects and workflow process im


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