Finance Manager

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November 4

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Alpaca

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API • Fintech • Crypto

Alpaca is a fintech company that provides a comprehensive brokerage and trading platform through a suite of APIs. These APIs enable developers and businesses to integrate algorithmic trading, app development, and embedded investing into their services. Alpaca offers services like trading in US stocks, ETFs, and cryptocurrency with options for local currency transactions. The company is recognized for its cyber security practices and is a member of FINRA and SIPC. Alpaca is ideal for fintech startups, broker-dealers, hedge funds, and other financial services looking to build sophisticated trading applications and platforms with minimal friction through their well-documented Broker API.

201 - 500 employees

🔌 API

💳 Fintech

₿ Crypto

📋 Description

• 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. • 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 ensure 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 issues are tracked and addressed in a timely manner. • Prepare and review the weekly RAC report. Lead the Form 1 audit process and coordinate 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.

🎯 Requirements

• 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. • Must possess the 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 a willingness to obtain.

🏖️ Benefits

• 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