Director of Finance

Xtreme Blockchain Labs

  • Finance
  • Full time
  • Toronto, Canada


  • Financial Analysis 
  • Determine Company’s finance objectives and growth 
  • Oversight and management of Company’s financial objectives and policies 
  • Management and monitoring of financial resources to ensure financial goals and objectives are effectively realized
  • Analyze financial statements, identify key contributors to revenue and performance, and address factors which caused negative variances 
  • Team Management 
  • Designate material, personal and financial resources to implement our company policies and programs; 
  • Work with the CEO to establish and develop the company’s financial and administrative controls; 
  • Approve overall human resources planning; 
  • Assist with the selection of management-level Finance staff for the company 
  • Collaboration Work with members of the Management team to ensure an excellent client experience across all client touchpoints; 
  • Collaborate with the Chief Executive Officer to develop creative outreach strategies to attract and retain clients; 
  • Represent our company, or delegate representatives to act on behalf of our company in finance negotiations or any other accounting functions as assigned or required;
  • Lead accurate and timely closing activities for the company and its various subsidiaries 
  • Review and Report Monitor all regulatory financial conditions of approval and ratios to ensure that the company’s operations are at all times compliant. 
  • Interact with provincial regulators to address any financial compliance issues; 
  • Review monthly and quarterly working papers and balance sheets and all reporting to ensure accuracy, completeness and timeliness; 
  • Oversee all cash management including cash flow, financial statements and indirect taxes; 
  • Preparation of quarterly and annual budgets along with forecasting for future years to complete the financial aspect of the company’s business plan; 
  • Ensure all audit policies and procedures are followed, identifying gaps and completing proper audit trails;
  • Conduct periodic performance appraisals and supervise the finance team; 
  • Enhance reporting systems, procedures, policies and controls, and develop new systems for potential issues Lead liaison with regards to ad hoc audit and operational financial information requests and analyses 
  • Review of correspondent balances on a monthly basis and ensuring that pre-funded cash balances are accurately reported by the various payers. 
  • Help Us Grow
  • Identify and facilitate the addition of new business opportunities, appropriate to the corporate strategy and guidelines; 
  • Develop, implement and achieve business plans and budgets for the region of responsibility. 
  • Key central contact point and/or project manager for new initiatives; 
  • Implement the complete solution and see projects through to the revenue stage by working the deployment team. 

What You Need:

  • Education and Certification Bachelor's Degree Qualified CPA, CGA, ACCA or working towards designation 

Work Experience and Skills:

  • 4 - 5 years’ experience in a Senior Accounting role 
  • In-depth knowledge of accounting systems Knowledge of modern and complex principles and practices of accounting; including applicable computer applications; computerized financial reporting and management information systems; principles of budget preparation and control; principles of supervision, training and performance evaluation 
  • In-depth knowledge of the money transfer and electronic payments industry including origination and settlement 
  • In-depth knowledge in foreign currency trading and accounting in multiple currencies. 
  • In-depth knowledge of regulatory requirements applicable to money service business in Canada and United States
  • In-depth knowledge of the Payments Industry including Digital Payments, Acquiring Transactions, Marketplace, Ecosystem, Cryptocurrency, Integration with Analytics and Multi-Currency 
  • Ability to plan, organize, and coordinate the work of Management and Technical personnel; ability to provide leadership, counsel, motivation and constructive performance reviews to staff, securing their respective commitments to department goals 
  • Ability to prepare accurate and complete financial statements and reports from accounting data Understanding of the functions of an automated accounting system
Xtreme Blockchain Labs Software Finance