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Director of Finance

Director of Finance

VirgoCX IncGolden Horseshoe, ON, Canada
20 hours ago
Job type
  • Full-time
Job description

About Virgo Group

Founded in 2018, Virgo Group of Companies has been dedicated to offering cryptocurrency trading services across Canada. Our diverse business lines include VirgoCX, VirgoCX Wealth, and Virgo Digital Asset Management, providing exceptional services that span various aspects of crypto trading. Expanding our footprint further since 2022, we have also built a strong business presence in Australia, the U.S., and more in future. Rooted in a culture of continuous innovation, Virgo Group is prepared to become an integrated global digital asset service provider.

VirgoCX is committed to making crypto trading safe, easy, and affordable for Canadians. It is Canada's trusted cryptocurrency trading platform and is dedicated to streamlining trading experience and empowering clients with advanced technology, superior liquidity and best-in-class security.

Mission and Vision

Virgo Group’s mission is to provide easy and affordable access for all the clients to buy and sell digital currencies, including Bitcoin, Ethereum, and more. Whether you are new to this world or are experienced, Virgo Group supports you throughout your journey.

About the Director of Finance

As the Director of Finance, you will be responsible for overseeing the financial operations of two regulated entities within Virgo Group : VirgoCX Inc., a Canadian crypto trading platform, and Virgo Digital Asset Management Inc. (VDAM), which launched a private fund as mutual fund trust in Canada.

You will be providing financial leadership and support to ensure the financial health and compliance of each entity. You will also be responsible for creating and implementing financial strategies and policies that align with the overall goals and objectives of Virgo Group. You have a clear career path to grow to the Chief Financial Officer (CFO) position of the entities.

Responsibilities : VirgoCX Inc. :

  • Work with finance employees to provide financial reports and various financial information accurately and effectively
  • Supervise financial operations and coordinate with operations and other departments to respond to finance-related requests efficiently
  • Connect with the panel auditor to ensure annual financial statement audits and Form 1 audits move smoothly
  • Analyze the financial data and prepare financial projections, and improve financial operations based on business and financial actuals and forecasts
  • Communicate with Ontario Security Commission and Canadian Investment Regulatory Organization (CIRO) on behalf of the company and fulfill regulatory requirements
  • Monitor cash flow and financial positions of the company to ensure capital sufficiency from a financial and regulatory perspective
  • Maintain and update the procedures and policies of the company as per regulatory requirements and communicate with board members and group level managers effectively
  • Work with software service providers to implement accounting software upgrade and improvement

VDAM :

  • Supervise the accountant(s) of the company to manage the financial reporting in a timely manner
  • Coordinate with external auditors and the management team to ensure annual audits move smoothly
  • Communicate with Ontario Security Commission on behalf of the company and fulfill financial-related regulatory requirements
  • Monitor cash flow and financial positions of the company to ensure capital sufficiency and compliance
  • Work with banking partners, stockbrokers and external service providers to guarantee efficient operations
  • Maintain and update the procedures and policies and communicate with board members and group level managers effectively

    • VDAM Private Fund :

  • Manage fund finance operations and inter-company matters
  • Work with the external fund reporting service provider to provide financial statements and relevant financial information to unit holders
  • Coordinate with external auditors to complete annual audits and fulfill multiple taxation requirements
  • Reconcile the NAV of the Fund weekly provided by fund admin and communicate with stakeholders
  • Monitor and manage cash movements between the Fund and the management company and clients

    • Knowledge, Skills and Abilities :

  • At least 5 years of experience in financial services and asset management
  • A Bachelor's degree in finance, accounting, business administration or a related field
  • Professional accounting qualification such as CPA is required
  • Passing the CSI Chief Financial Officer and Partners, Directors and Senior Officers Courses is a strong asset
  • Experience with OSC regulated and CIRO regulated entities is a strong asset
  • Strong ability to communicate to all level of stakeholders, especially regulators
  • Proven ability to develop and implement financial strategies that align with overall business objectives, and to adapt to changing market conditions
  • High ethical standards, strong attention to detail, ability to work under pressure, ability to manage multiple priorities, and a strong commitment to the success of the business
  • Ability to collaborate with management to organize, plan and achieve company financial goals.
  • Advanced computer software skills, including Excel and financial reporting software

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