Job Description
Company Overview
CanCap Group Inc. (“CanCap”) is an evolving, dynamic national financial services company with head office located in downtown Toronto. CanCap’s current core business is indirect and third- party originations and servicing of auto receivables, which has been built on a foundation of best- in-class people and processes. It manages the entire lifecycle of the receivable from credit adjudication through to contract administration, customer service, default management and post charge-off recoveries. CanCap is now expanding its operations into other consumer finance verticals such as unsecured consumer loans.
CanCap has made significant investments in its operations, IT infrastructure and processes to allow for robust, scalable and efficient on-going growth of origination and servicing activity across the consumer finance spectrum. CanCap’s excellence has also been recognized by a Schedule I bank whereby it is the primary partner for (a) an outsource of a full business line, (b) primary source of direct loan referrals, and (c) creating a unique, best of breed, consumer lending business platform.
Position Summary
We are looking for a detail-oriented Manager, Finance to take ownership of our financial ecosystem. You will be the primary driver of our cash flow integrity, management reporting, and cost-efficiency initiatives. This is a hands on role where you will manage the day-to-day mechanics of payments and collections while providing the strategic analysis necessary to scale our operations.
Key Responsibilities
1. Payments & Collections
- Cash Reconciliation: Own the end-to-end reconciliation of all payment gateways, bank accounts, and customer loan balances
- Process Optimization: Design and implement scalable workflows for payment postings automation and reconciliation
- Loan Management System: In conjunction with Collections Team, ensure timely posting accuracy and reporting
2. Management Reporting & Decision Support
- Financial Visibility: Prepare monthly/quarterly management reporting packages, including P&L analysis, cash flow forecasting, and KPI dashboards.
- Strategic Insights: Translate raw data into actionable insights—identifying trends, revenue leakages, and growth opportunities.
- Budget vs. Actual (BvA): Conduct variance analysis to help department heads understand their spending and stay aligned with company goals.
3. Expense Management & Operational Control
- Spend Policy: Develop and enforce company-wide expense policies and procurement workflows.
- Vendor Management: Review vendor contracts, manage accounts payable, and lead periodic audits of SaaS subscriptions and operational overhead to identify cost savings.
- Systems Implementation: Maintain and improve the finance tech stack (e.g., ERP, Expense Management tools, BI platforms).
What you bring
- 6+ years of relevant work experience in the financial services field or related industry.
- University undergraduate degree in Business, Commerce, or equivalent, coupled with a CPA or equivalent professional designation.
- Demonstrated expertise in leading and cultivating high-performing teams.
- Advanced knowledge of Microsoft Excel (VLOOKUP, pivot tables, etc.).
- Experience with Sage 300 ERP or similar accounting software.
- Demonstrated commitment to achieving a high degree of accuracy within a fast-paced environment, maintaining meticulous attention to detail while effectively managing competing priorities.
- Positive and results-oriented mindset, consistently seeking opportunities for improvement and demonstrating a proactive approach to meeting and exceeding targets.
- Strong analytical and problem-solving skills, adept at identifying and resolving complex issues, leveraging critical thinking and data-driven insights to drive informed decision-making.
Next Steps
Adding to our team is one of the important steps that happens in our business. We’ve taken time to be purposeful and thoughtful with this job posting. Please take time to do the same with your application. Help us understand how you see your work experience as relatable to this job posting. Help us understand how you would be a great addition to our team.
Diversity and Inclusion
CanCap Group is an equal opportunity employer and values diversity. We are committed to building and evolving a team reflecting a variety of backgrounds, perspectives, and skills.
Thank you to all interested applicants. Only candidates who possess the experience, skills, and qualifications outlined above will be contacted for next steps in the hiring process.