Director of Finance And Accounting

ABOUT THE ROLE

Root Financial is a US based financial consulting firm that provides fractional, high-impact finance and accounting leadership to growing businesses. We are seeking a Director of Finance and Accounting to serve as an embedded, on-site consultant for our client in Toronto, ON.

This position requires a blend of strategic FP&A (budgeting, forecasting, cash modeling) and core operational accounting (month-end close, financial reporting, clean books). Operating as a senior individual contributor, you will be embedded directly within our client’s leadership team to drive financial visibility, streamline accounting processes, and support strategic growth.

POSITION DETAILS

• Location: Toronto, ON (Greater Toronto Area)
• Work Arrangement: 100% Full-Time On-Site (at Fulfillment IQ’s Toronto office)
• Employment Type: Full-Time Employee (Root Financial)
• Compensation: CAD $140,000–$165,000 base, plus a 10% target bonus

Accounting and close

• Own monthly, quarterly and year-end close across US, Canadian and Indian entities in QuickBooks Online
• Manage intercompany accounting, transfer pricing support and multi-currency consolidation (CAD, USD, INR)
• Keep revenue recognition (ASC 606) accurate across services and software revenue
• Run AP/AR, payroll accounting, accruals, prepaids and bank reconciliations, and lead FIQ's India-based accounting team
• Build and document controls and workflows across QBO, Ramp, Expensify, Docket and HubSpot

FP&A and reporting

• Maintain the group financial model, rolling cash forecasts and annual budgets by entity
• Deliver monthly budget-vs-actual reporting and KPIs: project margin, utilization, ARR for software products
• Prepare board materials and lender reporting, including covenant compliance
• Manage cash and treasury across banking relationships

Tax, compliance and strategic support

• Coordinate with external tax advisors on US and Canadian filings, GST/HST and SR&ED claims
• Support the legal entity reorganization, IP transfer, equity plan administration and 409A work
• Support audits, fundraising due diligence and new entity setup

• Experience: 8–12+ years of progressive accounting and finance experience, with required background in the Professional Services or agency industry.
• Technical Expertise: Advanced, hands-on proficiency with QuickBooks Online (QBO) and advanced Excel financial modeling skills.
• Accounting Standards: Solid foundation in accrual accounting, GAAP principles, and financial reporting.
• Role Fit: Proven track record as a self-directed individual contributor with strong client-facing communication skills and high attention to detail.
• Education: Bachelor’s degree in Accounting, Finance, or a related field.