Work Location:

New York, New York, United States of America

Hours:

40

Line of Business:

Finance

Pay Detail:

150,000 - 160,000 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:

Job Description

Vice President– Financial Reporting (Broker Dealers)

Position Summary

The Vice President of Finance (Non-Executive) is a hands-on accounting leader responsible for directly executing the month-end close process for broker-dealer entities under both IFRS and U.S. GAAP. This role prepares journal entries, reconciliations, and financial reporting packages across both frameworks.

The VP of Finance prepares the annual audited financial statements under U.S. GAAP only, including all related footnotes and audit support documentation, in compliance with SEC and broker-dealer reporting requirements.

This role also ensures adherence to the Company’s Internal Control over Financial Reporting ICFR/SOX control framework and provides direct support for broker-dealer regulatory filings and reporting obligations.

This position works closely with Operations, Product Control, Technical Accounting, Internal Audit, and external auditors to ensure financial reporting accuracy, strong internal controls, and regulatory compliance.

Key Responsibilities

Month-End Close Execution (U.S. GAAP & IFRS)

Directly execute the full month-end close process under both IFRS and US GAAP.

Prepare and post journal entries, accruals, valuation adjustments, and accounting reclassifications.

Perform detailed account analyses and substantiation of all material balance sheet and income statement accounts.

Prepare IFRS-to-US GAAP reconciliation entries and supporting bridge schedules.

Analyze monthly financial results and prepare variance explanations.

Maintain close checklists and ensure timely completion of deliverables.

Financial Reporting (U.S. GAAP & IFRS)

Prepare standalone broker-dealer financial reporting packages under U.S. GAAP

Prepare IFRS reporting packages and reconciliation schedules for parent or consolidated reporting purposes.

Draft and maintain detailed disclosure schedules supporting both reporting frameworks, including:

Collateralized Financing Transactions

Financial Instruments Owned and Financial Instruments Sold

Fair Value Measurements

Derivative Instruments

Revenues from Contracts with Customers

Financial instrument netting

Related-party transactions

Employee Benefits

 Year-End Audit (U.S. GAAP Only)

Prepare annual audited financial statements under U.S. GAAP in accordance with SEC Rule 17a-5.

Draft full U.S. GAAP footnote disclosures and supplemental schedules.

Prepare and maintain audit-ready lead sheets, roll-forwards, reconciliations, and supporting documentation.

Respond directly to external auditor inquiries and manage year-end audit deliverables

Ensure consistency between audited U.S. GAAP financial statements and regulatory filings.

 Broker-Dealer Regulatory Reporting Support

Assist in the review of FOCUS filings (SEC Rule 17a-5), ensuring consistency with underlying books and records.

Support preparation and review of SIPC filings, including quarterly and annual assessments.

Assist with review of supplemental regulatory schedules, including but not limited to

Net Capital computations (SEC Rule 15c3-1)

Customer Reserve Computations (SEC Rule 15c3-3)

Supplemental Statement of Income

Other regulatory filings

Enterprise Governance & Control Framework adherence

Perform and document monthly balance sheet reconciliations under both reporting frameworks (Account Reconciliation Policy – ARCS)

Ensure compliance with End User Computing (EUC) governance standards

Maintain and execute under Internal Control over Financial Reporting - ICFR/SOX control framework

Process Improvement Support

Identify opportunities to streamline IFRS/ US GAAP reporting processes.

Strengthen documentation standards to maintain audit and regulatory readiness.

Assist in enhancing financial reporting controls and reporting governance.

Qualifications

Bachelor's degree in accounting or finance (CPA preferred but not required).

6–10+ years of accounting experience within a broker-dealer or regulated financial institution.

Demonstrated experience executing month-end close in a regulated environment.

Experience preparing U.S. GAAP audited financial statements and supporting footnotes.

The VP Finance TDS leads development and achievement of financial objectives. Reports on financial results, providing interpretation through in-depth understanding of the business. Provides forecasts and financial plans to drive business results, strategy and decisions.

Depth & Scope:

Gathers and reports on financial results vs. plans on an ongoing basis, providing evaluation and interpretation through an in-depth understanding of the business

Leads development and achievement of financial objectives

Develops and maintains strong business relationships

Provides leadership, coaching, counseling and guidance to staff

Develops, assigns and monitors plans to ensure completion of goals and objectives

Resolves issues and problems by conferring with staff, other internal departments, outside contacts and others as necessary

Education & Experience:

Bachelor degree in Business/Accounting/Financial Management (accounting designation is preferred but not required)

5-7 Years of related experience

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 strive to make every interaction, product and experience remarkably human and refreshingly simple.  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. 

Together, we are reimagining what banking can be for our clients, colleagues and communities. 

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. 

If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.  

We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.
 

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.