Senior Financial Analyst, Finance Operation
Organization: Mastercard Foundation Asset Management
Type: Full time (3-4 days onsite per week)
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, one of the largest public foundations in the world. MFAM is headquartered in Toronto, Canada. We have a global investment strategy and mandate to deliver long term returns that will fund the philanthropic mission of the Mastercard Foundation and its partners in Africa and Canada.

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 have breadth, combining accounting and operational experience and be responsible for monthly accounting, payroll,



payments and financial planning.

Accountabilities include and may not be limited to:

Support the monthly reporting, including preparation and review of journal entries, balance sheet reconciliations, and active participation in month‑end close, ensuring accurate and timely financial reporting in accordance with internal policies and accounting standards

Become a business advisor on people operations including payroll, incentive calculations and incentive management, and benefits helping to drive insights and analytics for forecasting and budgeting

Support the monthly payments process, becoming a subject matter expert for all costs of MFAM

Advise functional teams on management of costs and payments instilling a culture of cost consciousness in the organization and a system of internal controls

Prepare, and support the assessment and evaluation of budget and forecasts helping to drive cost analytics and variance analyses

Assist with ad‑hoc duties, as necessary

What you'll need

4-6 years of progressive experience, with at least 3 years in corporate/financial reporting, assisting with monthly/quarterly reporting close

CPA designation or working towards is preferred

Strong working knowledge of payroll and benefits processes, or willingness to learn, is preferred

Experience in asset or investment management is an asset

Experience driving process improvements and applying frameworks such as Lean or similar

A team-oriented and adaptable mindset

Enthusiasm for being a key player in a start‑up setting, embracing hands‑on execution, contributing beyond assigned responsibilities, and adapting to evolving roles and expectations

Alignment with the mission and values of MFAM and the Mastercard Foundation

Why work at MFAM





Mission‑driven organization supporting impact across Africa and Indigenous communities in Canada and 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

Pay‑for‑performance environment that offers competitive salary and incentive compensation (hiring range: 110,000-125,000 CAD, inclusive of base and target incentive)

Retirement income through a Retirement Savings Program

Competitive time‑off policy

Core Values

Partnership: We achieve the best outcomes through mutual trust, thoughtfulness, and respect

Inclusion: We embrace diversity of thought, background, and experience.

Communication: We learn and gain insight through open and honest communication

Performance: We are ambitious and results oriented

Innovation: We challenge the status quo and seek bold solutions

MFAM provides a hiring range that reflects the expected compensation for this role. Final offers are determined based on skills, experience, and internal equity.

MFAM does not use AI technology in screening, evaluating, or selecting candidates.

This posting reflects a new vacancy.

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.

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 [email protected]. We will work with you to provide a positive recruitment experience in a confidential manner.

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📌 Senior Financial Analyst (Ontario)
🏢 Mastercard Foundation Asset Management
📍 Ontario