Careers

Senior Manager, Finance Operations

Posted November 17, 2025

POSITION: Senior Manager, Finance Operations
ORGANIZATION: Mastercard Foundation Asset Management
LOCATION: Toronto, Ontario, Canada 

BE PART OF A NEW AND GROWING ASSET MANAGEMENT COMPANY 

ABOUT MASTERCARD FOUNDATION ASSET MANAGEMENT 

Established in 2023, the Mastercard Foundation Asset Management (MFAM) Corporation was created to build a diversified investment portfolio for the Mastercard Foundation. MFAM is headquartered in Toronto, Canada. We have a global investment strategy and mandate to deliver returns that will fund the philanthropic mission of the Mastercard Foundation and its partners in Africa and Canada over the long term.

We believe in the mission and values of the Mastercard Foundation and aim to cultivate an ecosystem of exceptional people, trusted partnerships, and long-term investments to achieve lasting impact. We value bold ideas, curiosity, and tenacity, as part of nimble, creative, and meritocracy-based team.

ABOUT MASTERCARD FOUNDATION 

Mastercard Foundation, one of the largest foundations in the world, works with visionary organizations to advance education and financial inclusion to enable young people in Africa and Indigenous youth in Canada to access dignified and fulfilling work. Established in 2006 through the generosity of Mastercard when it became a public company, the Mastercard Foundation is an independent organization separate from Mastercard. The Foundation has offices in Toronto, Kigali, Accra, Nairobi, Kampala, Lagos, Dakar, and Addis Ababa.

WHo you’ll work with

You will report to the Director, Finance and Operations and will build and maintain relationships with teams across MFAM, the Mastercard Foundation, external consultants and vendors. As a member of the team, you will have opportunities to grow and develop and create meaningful value and lasting impact through the Mastercard Foundation.

WHAT YOU’LL DO

This is a unique opportunity to help build and shape a world-class finance function within a growing asset management company that directly supports one of the largest private foundations in the world. In this role, you will combine technical accounting expertise with strategic problem-solving to establish best-in-class accounting, reporting and control frameworks. You will play a key role in ensuring the accuracy, transparency, and integrity of MFAM’s financial operations, while contributing to the organization’s long-term impact.

Accountabilities include and may not be limited to:

• Lead the preparation and review of MFAM’s financial statements and note disclosures, ensuring accuracy and compliance with the latest accounting standards
• Oversee the month-end close for investment accounting, including reconciliations, supporting documentation, and management reporting
• Support the month-end process and compliance for any special purpose entities
• Serve as the primary liaison with external auditors and advisors, managing audit processes to successful and timely completion
• Develop and maintain a strong internal control environment, identifying risks, implementing improvements, and addressing control deficiencies
• Advise on the accounting implications of new investments, policies, and standards, providing guidance to investment operations and leadership
• Support tax reporting and compliance processes for MFAM and the Foundation
• Drive continuous improvement by streamlining processes, leveraging technology, and embedding best practices
• Partner across MFAM and with external stakeholders to deliver reporting that supports strategic decision-making and organizational growth
• Contribute beyond your core responsibilities, embracing the hands-on, collaborative nature of a growing organization

WHAT YOU’LL NEED

• 10+ years of progressive experience in accounting, financial reporting, or finance operations, including at least 3 years in private equity, fund, or alternative investment environments
• A recognized professional accounting designation (CPA or equivalent)
• Expertise in preparing financial statements, leading external audits, and applying accounting standards to complex investment structures
• Strong knowledge of internal controls, risk management, and accounting policy development
• Exposure to the full investment trade lifecycle (private equity, hedge funds, infrastructure, or alternative investments) is highly valuable
• Demonstrated success in building strong relationships with senior leaders, external partners, and cross-functional teams
• Excellent communication skills, with the ability to translate complex technical concepts into clear insights for decision-makers
• Experience driving process improvements and applying frameworks such as Lean or similar
• A collaborative, adaptable mindset with the energy to thrive in a start-up environment
• Alignment with MFAM’s mission and values, and enthusiasm for contributing to the lasting impact of the Mastercard Foundation

WHY WORK AT MFAM

• Pay-for-performance environment that offers competitive salary and incentives
• Numerous opportunities to gain experience and develop a variety of skill sets in a growing organization that contributes to the mission of the Mastercard Foundation
• Comprehensive employer paid benefits coverage
• Retirement income through a Retirement Savings Program
• A flexible/hybrid work environment combining in office collaboration and remote working
• Competitive time-off policy

We are guided by five core values:

1. Partnership: We achieve the best outcomes through mutual trust, thoughtfulness, and respect
2. Inclusion: We embrace diversity of thought, background, and experience.
3. Communication: We learn and gain insight through open and honest communication
4. Performance: We are ambitious and results oriented
5. Innovation: We challenge the status quo and seek bold solutions

MFAM is an equal opportunity employer. We believe diversity is important and we take pride in ensuring that the people we hire and culture we create reflect and embrace diversity of thought, background, and experience. We value the unique skills and diverse experiences that each individual brings, and we are committed to creating and maintaining an inclusive and equitable workplace where talent is respected, accepted, and empowered to be themselves.

HOW TO APPLY

Are you ready to pursue a new challenge and take your career to the next level? 

Apply today! Please submit your resume and cover letter to talent@mfamc.org quoting the position title in the subject line. In the cover letter, tell us what you will bring to the team and why you are interested in the opportunity and the foundation’s mission.

This is a hybrid role, with a requirement to be onsite at our Toronto, Ontario office for the majority of the week (typically 3-4 days).

Mastercard Foundation Asset Management values the unique skills and experiences each individual brings to the organization and we are committed to creating and maintaining an inclusive and accessible environment for everyone.

Completion of satisfactory business references and background checks are essential conditions of employment. If you require accommodation during the recruitment and selection process, please contact a member of MFAM at talent@mfamc.org. We will work with you to provide a positive recruitment experience in a confidential manner.