JOB DESCRIPTION:
Position Title: Finance (L9) (full-time)
Business Unit: TD Securities
Division/Region: TD Securities USA (New York)
Report Location: Hybrid/NYC
Hours: M – F
8:30 – 5:00
TD Securities US Finance is a part of the wider TD Securities Finance group, as one of the three regional finance groups for the Wholesale Banking segment of TD Bank Group it has a key role in the USA providing support in financial, management and regulatory reporting. In addition, by its nature as a primary control and support group in the region, TDS Finance USA provides business information supporting projects and initiatives often as the liaison with the other groups and segments both in the US and Canada but also with the other regions (UK and Singapore).
TD Securities is looking for a highly motivated, skilled and technology savvy individual to join its US Wholesale Controllers group within US Finance in New York City. The successful candidate will participate in the month close and consolidation for the US Wholesale division. Specific responsibilities will include, but are not limited to:
- Assist in the month end close for multiple legal entities and the US Wholesale consolidation process in accordance with US GAAP and IFRS. Including preparation of elimination entries, equity roll forwards and variance analytics.
- Assisting with preparation, analysis, and proper documentation of monthly accounting entries.
- Adherence with firm’s account reconciliation and attestation policy, including liaising with Operations & Reconciliation Control teams to resolve issues.
- Assist with external and internal audit requests including preparation of reconciliations, organizing documents and responding to inquiries.
- Prepare and assist with disclosures on quarterly/annual basis and other reporting obligations.
- Assist with preparation of various financial reporting packages prepared for both internal and external partners. Coordinate commentary and reviews across finance teams to ensure timely completion.
- Maintenance of the subledger to general ledger mapping logic. Liaising with Product Control and Operations to ensure changes are appropriately applied/tested. Chart of accounts management and mapping
- Perform subledgers and GL reconciliation. Research issues when they occur and liaise with teams across TDS to resolve issues quickly.
- Improve data accuracy and support data-driven decision-making.
- Maintain strong internal controls and keep process documentation up-to-date.
Qualifications :
- Bachelors Degree in Accounting
- 5+ years post-undergraduate experience in public accounting and/or financial services
- Organized, detail oriented and self-motivated individual with strong analytical skills
- Good understanding of accounting principles and GAAP as well as IFRS
- Understanding of public company Sarbanes-Oxley controls and importance of adherence to them
- Proficient in Microsoft Excel and various automation tools and resources (Power BI, Alteryx, Power query, pivot tables, advanced formulas) a plus
- Ability to work within deadlines while still providing a high-quality work product.
- Excellent verbal and written communication skills
- Ability to work independently and as part of a team.
- Highly motivated individual with a proven track record to deliver results.
- A fluid, intuitive, and logical thinker with a high level of curiosity to learn and interest in determining and implementing process improvements.
- Demonstrated time management and organizational skills to meet tight deadlines as well as flexibility to adapt to changing priorities.
The Sr. Specialized Finance Analyst, TDS performs a variety of specialized finance functions in a particular finance area(s) with a high level of technical knowledge to give detailed and well-informed opinions of assigned business activities.
EDUCATION & EXPERIENCE:
- Undergraduate degree and/or
- 5+ years of relevant experience preferred
- Accounting, financial or relevant professional designation preferred
CUSTOMER ACCOUNTABILITIES:
- Specializes in particular areas according to established policies and procedures and applicable legal and regulatory guidelines
- Provides ongoing, proactive, specialized finance advice and counsel to business partners to ensure they are operating efficiently under applicable accounting rules and regulations
- Communicates and meets regularly with partners to develop an in-depth understanding of their business and to provide accounting/ taxation insight, knowledge and expertise, such as improving accounting process flows or clarifying income and expense recognition practices
- Recognizes, identifies and investigates business accounting issues that need attention, research as needed, offer specialized opinions based on research and knowledge and resolve problems
- Responds to accounting-related requests on a timely basis and answers questions as needed.
- Provides technical guidance and assist staff with most complex aspects of work as necessary
- Resolves escalated issues and problems by conferring with peers, other internal departments, outside contacts and others as necessary
- Ensures monthly recording of income, expense and other financial transactions is accurate and timely
- Researches and determines proper accounting treatment for new products and services as needed and communicate complete, thorough and accurate accounting requirements; considers and explains risk management issues prior to implementation, such as determining how the accounting of new initiatives will be monitored and controlled
- Performs a variety of activities related to month-end financial closing, which details the Bank’s month-to-month financial condition, and/or completion of regulatory reports
- Reviews monthly financial activity and ensures transactions are appropriately recorded in proper accounts, such as cost capitalizing vs. expensing. Researches discrepancies and makes corrections and updates as necessary
SHAREHOLDER ACCOUNTABILITIES:
- Adheres to enterprise frameworks or methodologies that relate to activities for our business area
- Ensures respective programs/policies/practices are well managed, meets business needs, complies with internal and external requirements, and aligns with business priorities
- Consistently exercisse discretion in managing correspondence, information and all matters of confidentiality; escalates issues where appropriate
- Ensures business operations are in compliance with applicable internal and external requirements ( e.g. financial controls, segregation of duties, transaction approvals and physical control of assets)
- Participates in cross-functional / enterprise / initiatives as a subject matter expert helping to identify risk / provide guidance for complex situations
- Conducts internal and external research projects; supports the development/ delivery of presentations / communications to management or broader audience
- Conducts meaningful analysis at the functional or enterprise level using results to draw conclusions, make recommendations, assess the effectiveness of programs/ policies/ practices
- Monitors service, productivity and assesses efficiency levels within own function and implements continuous process / performance improvements where opportunities exist
- Leads / facilitates and/or implements actions / remediation plans to address performance / risk /governance issues
- Actively manages relationships within and across various business lines, corporate and/or control functions and ensures alignment with enterprise and/or regulatory requirements
- Keeps abreast of emerging issues, trends, and evolving regulatory requirements and assesses potential impacts
- Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite
EMPLOYEE/TEAM ACCOUNTABILITIES:
- Participates fully as a member of the team, supports a positive work environment that promotes service to the business, quality, innovation and teamwork and ensures timely communication of issues/ points of interest
- Provides thought leadership and/ or industry knowledge for own area of expertise in own area and participates in knowledge transfer within the team and business unit
- Keeps current on emerging trends/ developments and grow knowledge of the business, related tools and techniques
- Participates in personal performance management and development activities, including cross training within own team
- Keesp others informed and up-to-date about the status / progress of projects and / or all relevant or useful information related to day-to-day activities
- Contributes to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices.
- Leads, motivates and develops relationships with internal and external business partners / stakeholders to develop productive working relationships.
- Contributes to a fair, positive and equitable environment that supports a diverse workforce
- Acts as a brand ambassador for your business area/function and the bank, both internally and/or externally
PHYSICAL REQUIREMENTS:
Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%
- Domestic Travel – Occasional
- International Travel – Never
- Performing sedentary work – Continuous
- Performing multiple tasks – Continuous
- Operating standard office equipment - Continuous
- Responding quickly to sounds – Occasional
- Sitting – Continuous
- Standing – Occasional
- Walking – Occasional
- Moving safely in confined spaces – Occasional
- Lifting/Carrying (under 25 lbs.) – Occasional
- Lifting/Carrying (over 25 lbs.) – Never
- Squatting – Occasional
- Bending – Occasional
- Kneeling – Never
- Crawling – Never
- Climbing – Never
- Reaching overhead – Never
- Reaching forward – Occasional
- Pushing – Never
- Pulling – Never
- Twisting – Never
- Concentrating for long periods of time – Continuous
- Applying common sense to deal with problems involving standardized situations – Continuous
- Reading, writing and comprehending instructions – Continuous
- Adding, subtracting, multiplying and dividing – Continuous
The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.
WHO WE ARE
TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience. With more than 6,500 professionals operating out of 40 cities across the globe, we help clients meet their needs today and prepare for tomorrow. Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise, while growing our strong, diversified investment bank. We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day.
Linked-in
Google