Director Financial Operations

Company : KORT Payments

Job Type : Full Time

Montreal, Qc

Number of Applicants

000+

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Job Description - Director Financial Operations

WHO WE ARE
Welcome to KORT Payments, where innovation meets excellence! We specialize in providing a state-of-the-art omnichannel payments platform designed to make business transactions a breeze. Our mission? To empower businesses with top-notch capabilities in compliance, risk management, and payment processing. Our trailblazing, enterprise-grade platform, coupled with a veteran management team, ensures we stay ahead of the curve in delivering unparalleled service and satisfaction.
As we expand our presence in the U.S. market, we're excited to bring our proven solutions and innovative approach to new industries, while continuing to operate under the KORT Payments banner alongside Merrco, Payfirma and Barnet.

LOCATION: Montreal or Toronto

WHAT YOU WILL BE DOING
As the Director Financial Operations, you will be responsible for monitoring, reconciling and supporting the company's transaction processing operations as well as the monthly commissions process. You would be expected to work closely with our processing partners to stay on top of regulatory and pricing changes and to ensure costs are properly applied to merchants. With the support of a team of 3-5 analysts, you will be expected to;

Monitor and manage daily transaction processing operations to ensure accuracy
Reconcile high-volume financial transactions and address discrepancies in a timely manner
Maintain oversight of financial flows between internal systems and external processing platforms
Lead the monthly calculation, validation, and distribution of residuals and commissions to partners, agents and employees
Maintain strong internal controls to safeguard financial integrity and reduce risk
Ensure costs from processing partners are accurately applied to merchant accounts
Partner with Finance, Sales, Operations, and Technology teams to streamline transaction processes and reporting
Identify opportunities to automate and optimize financial operations workflows

WHAT WE’RE LOOKING FOR

Bachelor’s degree in Accounting, Finance, Business Administration, or a related field
7–10 years of experience in financial operations, reconciliation, or accounting, preferably in transaction-heavy environments
Proven experience managing commissions, residuals, or revenue-sharing models
Strong proficiency in financial systems and tools
Experience working with payment processors, banking systems, or merchant settlement platforms
Strong analytical skills with attention to detail in reviewing transaction data and reconciling discrepancies
Solid understanding of financial regulations and compliance standards relevant to transaction processing and residuals
Excellent communication skills
Demonstrated leadership ability with experience managing or mentoring a team
Strong organizational and time management skills; able to manage multiple priorities in a fast-paced environment

LIFE AT KORT PAYMENTS
We pride ourselves on cultivating an inspired culture characterized by customer-centricity, commitment, respect, and agility. Our high-growth environment promotes a supportive and collaborative atmosphere, fostering a growth mindset, intellectual curiosity, entrepreneurial spirit, and teamwork. Our leadership team is experienced and passionate about payments, taking pride in their achievements and the unique value they bring to the industry.
At KORT Payments, we believe work should be fulfilling and fun! Here’s a peek into what life with us is like:
Culture:

Fearlessness: Encourage continuous learning, innovation, taking chances, and pushing boundaries.
Accountability: Take ownership and be accountable to yourself, the company, partners, and clients.
Collaboration: Leverage diverse perspectives and work as a team to get the job done.
Transparency: Empower success through open communication, honesty, and inclusion.

Perks and Benefits:

Comprehensive Benefits Package: We've got you covered with health, dental, and vision plans.
Flexible and Inclusive Work Environment: We understand the importance of work-life balance and provide the flexibility you need to thrive.
Fun Events: From team-building activities to company-wide celebrations, we love to have fun and recognize our hard work.
Professional Growth: We support your career development with ongoing learning opportunities and the chance to take on new challenges.
Work Hard, Play Hard: Enjoy a dynamic environment where your contributions are valued and your potential is unleashed.

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Director Financial Operations

Job Description - Director Financial Operations

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