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TD Bank

Senior Finance Analyst

Reposted 2 Days Ago
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In-Office
Toronto, ON, CAN
Senior level
In-Office
Toronto, ON, CAN
Senior level
Lead financial reporting and analysis for technology portfolios, focusing on capitalization and amortization of internally developed software. Manage month-end and quarterly processes, reconciliations, policy impact analysis, allocation model optimization, automation, and cross-functional stakeholder engagement to resolve issues and support management decisions.
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Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Finance

Pay Details:

$81,600 - $115,200 CAD

This role is eligible for a discretionary variable compensation award that considers business and individual performance.

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:

Department Overview :

Segment Technology Finance is accountable for monthly management and performance reporting, financial analysis and assisting with forecasting and planning initiatives.  The team’s mandate also includes providing value added reporting on project development workplan impacting all Canadian Banking businesses supported by our Technology partners. We also assist our business partners with special projects including business case analysis and development of reporting metrics to monitor benefit/value realization.   

Overview Description:
Reporting to the Senior Manager, the Senior Financial Analyst position within the Global Technology & Solutions Finance group requires an action-oriented individual with strong technical skills, good business acumen and demonstrated problem solving capabilities. The focus of this individual will be to develop a strong relationship with the technology portfolios supported to deliver monthly/quarterly reporting and analysis of internally developed software capitalization/amortization. The Senior Financial Analyst must have strong communication and be able to deliver value added business analysis and be highly organized with emphasis on automation.
Accountabilities:

  • Serve as a Finance subject matter expert on Internally Developed Software Capitalization and amortization. This will include extensive interactions with the multiple business/corporate segment leaders and partners across the bank.

  • Support month end process for capitalization, amortization and chargeout journal entries, reconciliation of balance sheet accounts to ensure totals are per expectations along with quarterly impairment attestations process.

  • Lead the monthly reconciliation process to leverage data from Clarity time reporting system and GL including all necessary adjustments to ensure data completeness and accuracy.

  • Partner with Fixed Assets and other TS groups to ensure software assets are properly interpreted per the Bank's accounting policy and recorded in the balance sheet and P&L.

  • Identify opportunities to streamline and optimize the allocation model.

  • Proactively identify issues and recommend actions to senior management.

  • Identify and provide impact analysis of financial/accounting, policy and process changes including documentation, follow up, escalation and resolution.

  • Develop and enhance internal relationships across multiple business units, coordinate with multiple segment partners to follow-up and close issue in a timely manner.

  • Support the Management Team in responding to and following up on issues, queries and exceptions.

Job Requirements:
Qualifications/Skills/Experience:

The successful candidate in this role will have demonstrated strong commitment, initiative and drive to continuously exceed expectations, strong analytic skills with solid understanding of data and system, strong communication skills to coordinate with multiple partners, effective at problem solving with minimal support and strong organization skills.
Education/Accreditations:
University/College education with a focus on Finance, Accounting, Commerce or Business.
Business and/or accounting designation strongly preferred or working towards designation
(CPA/CFA/CMA/CGA/CA/MBA).
Minimum 5 years or more of experience in finance, accounting, analytics
 

MUST HAVE

  • Detailed knowledge of financial accounting processes and internal control structures.

  • Strong attention to detail with an ability to effectively synthesize issues

  • Advanced analytical skills and strong ability to inter-relate issues.

  • Strong organizational and problem-solving skills.

  • Ability to work and thrive in a changing and fast paced work environment.

  • Ability to multi-task and work under tight timelines to meet all deliverables.

  • Ability to proactively follow up on identified issues and work toward resolution.

  • Strong communication (written and verbal) skills are essential to deal with all levels of management and external contacts.

  • Strong inter-personal skills including consistent team player and strong relationship-building skills.

  • Strong work ethic and ability to work independently and in a team environment as required.

  • Proven track record of value-added customer service through initiative and creativity.

  • Strong working knowledge of MS Excel (Power Pivot), MS Word, MS Power Point and Outlook.

  • Financial experience is a must

  • Must be willing to be in the office at least four days a week and be comfortable with changes to Hybrid work model.

NICE TO HAVE
Strong knowledge of Hyperion, Essbase and Oracle would be an asset.
Certification (MBA/CFA/CMA/CGA/CA)

Power BI
 

Work activities include a blend of highly collaborative activities and individual deliverables. Individuals are expected to be onsite 4 days a week. Colleagues may spend more or less days in office as required by the business line. 

Who We Are:

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we strive to make every interaction, product, and experience remarkably human and refreshingly simple for over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. 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 a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. 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.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

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
Your accessibility is important to us. Please let us know if you’d like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.
We look forward to hearing from you!

Language Requirement (Quebec only):

Sans Objet

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