Bilingual Senior Manager, Treasury in Toronto

McCarthy Tétrault is a leading Canadian law firm offering a full suite of legal and business solutions to clients in Canada and around the world. With offices in Toronto, Montréal, Québec City, Calgary and Vancouver, we provide challenging and rewarding career opportunities across the country. Recognized as one of Canada’s Top 100 Employers for eleven consecutive years and one of Canada’s Best Diversity Employers for fourteen consecutive years, our culture is guided by The McCarthy Way — our shared approach to working with clients and with each other.

The McCarthy Way is built on four core elements: Excellence, through attracting and developing top talent committed to delivering on our Client Commitment; Collaboration, through seamless, integrated teamwork; Inclusion, through eliminating barriers to belonging and success; and Innovation, through delivering maximum value by embracing leading-edge technologies and approaches. Together, these principles shape how we work, lead, and grow—every day.

We are recruiting for a Bilingual Senior Manager of Treasury to join our team in our Toronto office. The successful candidate must have a minimum of 10 years of experience with at least 5 years in a supervisory or management role in a professional services environment, preferably in the legal industry, and will be responsible for overseeing the law firm’s trust accounting, treasury operations, and accounts payable functions on a national scale. McCarthy Tétrault employees benefit from a hybrid work environment. This is a newly created position.

Salary Range (Toronto Only): $125,000 - $130,000 annually. The offered salary may vary based on the candidate’s job-specific knowledge, skills, and experience.

As a Bilingual Senior Manager of Treasury, you will be:

• Treasury Management
  • Managing daily cash flow, banking relationships and liquidity to optimize the Firm’s financial position.
  • Overseeing cash forecasting and debt management in accordance with Firm policies.
  • Ensuring compliance with internal controls and treasury policies and acting as a signing officer on all operation accounts.
  • Overseeing the management and administration of the Firm’s bank accounts, banking platforms and Corporate credit card program.
• Trust Accounting
  • Overseeing the management and reconciliations of client trust accounts in compliance with all applicable law society rules, regulations and firm policies.
  • Developing and implementing policies and procedures for trust fund administration, segregation and reporting.
  • Liaising with auditors, regulators and clients regarding trust account matters, including responding to trust audits, inquiries and different quarterly and annual reports.
  • Ensuring timely and accurate operations, trust account reconciliations and reporting to the leadership.
• Accounts Payable
  • Supervising the accounts payable team to ensure timely and accurate processing of vendor invoices, expense reports and payments across all offices.
  • Monitoring and improving efficiency, internal controls and compliance with the firm and regulatory requirements.
  • Operating and administering Concur Solutions for the reimbursement of expenses to Firm members.
• Leadership and Strategy
  • Leading, mentoring and developing a high-performing finance team.
  • Identifying and implementing process improvements and automation opportunities in all areas to support the firm’s growth and operational excellence.
  • Preparing and presenting reports on trust, treasury, and accounts payable activities to firm leadership and management committees.
  • Collaborating with cross-functional teams, including practice groups and office administrators, on finance-related projects and initiatives.

As our ideal candidate, you will distinguish yourself by the following profile:

• University degree and accounting designation (i.e. CPA Designation or equivalent).
• Minimum 10 years of experience, with at least 5 years in a supervisory or management role in a professional services environment; preferably in the legal industry.
• Experience with legal financial systems (e.g., Aderant, Elite or similar) is preferred and advanced MS Excel skills are required.
• Familiarity with automation tools and digital payment platforms is an asset.
• Excellent analytical, organizational and communication skills.
• Proven ability to lead teams and manage multiple priorities in a fast-paced, multi-office environment.
• Experience in a national or multi-office law firm environment is preferred.
• Bilingual (French and English) is required.

As a member of the McCarthy team, you will have access to:

• Outstanding benefits from day one, including insurance premiums paid by the Firm and wellness and technology reimbursements.
• Competitive compensation and generous time off, including a day off to volunteer and a day off for your birthday.
• A commitment to professional development and growth opportunities for our people at all levels, supported by a culture that fully embraces and encourages two-way feedback.
• Strong community involvement and a commitment to equity, diversity and inclusion.
• A collaborative, cohesive culture that connects lawyers and business teams through collective purpose.

McCarthy Tétrault utilizes artificial intelligence (AI) technology as part of our application screening process to enhance the efficiency and effectiveness of our recruitment efforts by analyzing applications to identify candidates whose qualifications and experiences align with the requirements of the position.

We thank all applicants for their interest in McCarthy Tétrault; however, only chosen applicants will be contacted. We regret that we are unable to respond to individual inquiries about application status. McCarthy Tétrault is an equal opportunity employer that fosters an inclusive, equitable, and accessible environment. Please notify us if you require accommodation at any time during the recruitment process.