Finance Manager, KOHO Financial
Regulatory Reporting, Taxation, and Accounting Policies
CA$100-120k
+ Equity
Financial management application
Job no longer available
Financial management application
201-500 employees
Job no longer available
CA$100-120k
+ Equity
201-500 employees
Company mission
To allow Canadians to be able to travel more, retire sooner, and live more balanced lives
Role
Who you are
- We are seeking an experienced and detail-oriented Finance Manager to join our team
- CPA designation, and at least 3 years of post qualification experience
- Strong knowledge of IFRS and relevant tax laws and regulations
- Excellent analytical and problem-solving skills
- Expertise in corporate tax management and equity compensation accounting
- Audit experience at a Big 4 firm
- Experience in the Financial Services sector
- Experience with Netsuite and Carta
What the job involves
- The successful candidate will be responsible for overseeing regulatory reporting, taxation, and accounting policies, ensuring compliance with all relevant laws and regulations while optimizing our financial processes
- Manage the preparation and submission of all required regulatory reports
- Ensure compliance with reporting requirements set by various regulatory bodies
- Stay updated on changes in regulatory reporting standards and implement necessary adjustments
- Oversee all aspects of corporate tax planning and compliance
- Manage the preparation and filing of tax returns
- Develop and implement tax strategies to optimize the company's tax position
- Liaise with tax authorities and external auditors as needed
- Review and update accounting policies and procedures in accordance with International Financial Reporting Standards (IFRS)
- Continuously review and update accounting policies to reflect changes in regulations and collaborate with external auditors
- Facilitate new product rollouts by researching accounting standards as applicable and advising management on the accounting implications of new product lines
- Oversee the accounting for stock options and equity compensation plans in accordance with relevant regulations
- Prepare and review financial statement disclosures related to equity compensation
Our take
In the wake of the gradual shift from physical to virtual interactions, the global internet-only banking industry has also seen tremendous growth in recent years. KOHO financial is part of this growing trend, they are a financial solution and payment platform built to help Canadians with managing their finances.
Apart from typical savings and budgeting common with money-management apps, KOHO customers enjoy a suite of financial services that help to build better credit, spending habits and insurance. As part of this, its product appeals especially to the majority of the paycheck-to-paycheck demographic.
KOHO's impressive growth and suite of products also appeal to investors who have backed it with one of the highest levels of funding in the Canadian fintech sector. However, this hasn't completely insulated it from the turbulence in the global economy, which led to KOHO restructuring in early 2023. With 2024 debt funding now secured, it is now focused on growth, aiming to further extend its lead in the Canadian market and achieve a Schedule 1 bank licence.
Steph
Company Specialist at Welcome to the Jungle
Insights
-16% employee growth in 12 months
Company
Funding (last 2 of 8 rounds)
Oct 2024
$29.3m
LATE VC
Dec 2023
$62.9m
SERIES D
Total funding: $308.1m
Company benefits
- Stock options
- Semi-annual merit increases
- Holiday bonus
- Work from anywhere
- Generous PTO
- Health & Lifestyle spending accounts
- $1000 remote office setup budget
- $5000 referral bonus
- Free KOHO Premium account
- Icon Potential Alt Text
- In-house coaching program
- $2000 annual training allowance
- Approachable leadership
- Bias towards action
Company HQ
Liberty Village, Toronto, ON
Leadership
Daniel Eberhard
(CEO)Previously a co-founder and Vice President at Kineticor Renewables before their acquisition.
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