Work Location:

New York, New York, United States of America

Hours:

40

Line of Business:

TD Securities

Pay Detail:

$115,000 - $135,000 USD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs. 

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

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.

Depth & Scope:

Expert level professional role requiring in-depth knowledge / expertise in own domain / field of specialty and working knowledge of broader related areas

Integrates the broader organizational context into advice and solutions within own area

Accountable for own work and sometimes others; acts as an escalation point or knowledge resource for others in their own area

Understands the industry, competition and the factors that differentiate the organization

Applies best practices to implement process, product or service improvements

Acts as a subject matter expert within their own area of specialty or a resource for others

Supports projects or workstreams within broader projects with moderate risk or complexity and may be accountable for managing ongoing activities, processes and functional programs

Contributes to setting standards within area of expertise

Solves complex problems requiring analysis of multiple variables, including consultation with multiple stakeholders

Uses advanced methods to contribute to new solutions and recommend standards against which others will operate

Impacts a range of finance programs across own and related teams

Interprets guidelines, standards, policies and results of analysis to inform decision making at senior levels

Builds stakeholder alignment in leading projects and activities; may provide process and subject matter advice at senior levels

Works independently as the senior technical lead and guides others within area of expertise

Identifies and leads problem resolution for complex issues at all levels

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.

Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical and mental well-being goals. Total Rewards at TD includes base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition. Learn more
 

Additional Information:
We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.

Colleague Development
If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.

Training & Onboarding
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Interview Process
We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation

TD Bank is an equal opportunity employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law.

If you are an applicant with a disability and need accommodations to complete the application process, please email TD Bank US Workplace Accommodations Program at USWAPTDO@td.com.  Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process.