TD Bank

Senior Finance Analyst

TD Bank$81K — $115K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in finance, accounting, or analytics
  • University degree in Finance, Accounting, Commerce, or Business
  • Business or accounting designation preferred (CPA, CFA, CMA, etc.)
  • Detailed knowledge of financial accounting processes and internal controls
  • Advanced analytical skills with strong attention to detail

Responsibilities

  • Serve as Finance expert on software capitalization and amortization
  • Support month-end capitalization and amortization processes
  • Lead monthly reconciliation processes using data from various systems
  • Partner with Fixed Assets for accurate recording of software assets
  • Identify opportunities for streamlining allocation models
  • Proactively address issues and recommend solutions to management
  • Develop and enhance internal relationships for effective issue resolution

Benefits

  • Health and well-being benefits
  • Savings and retirement programs
  • Paid time off
  • Banking benefits and discounts
  • Career development opportunities
  • Training and onboarding sessions
Full Job Description
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.

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)

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.

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.

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

About TD Bank

TD Securities offers a range of advisory and capital market services to its clients. The company's range of services includes research, investment banking, capital markets, and global transaction banking. Research consists of commodity and equity research. Investment banking consists of mergers, acquisitions, industry expertise, and credit origination. Global transaction banking consists of trade finance, cash management, and correspondent banking. TD Securities was founded in 1855 and is based in Ontario.

TD Bank Careers

Join the vibrant team at TD Bank, one of North America's leading financial services organizations, where innovation, leadership, and growth go hand in hand. At TD Bank, we are committed to fostering a culture of diversity and inclusion, making it an ideal place for ambitious professionals to thrive. Work You’ll Do At TD Bank, your professional journey is bolstered by a robust support system. From your first interview to every career milestone, you will find opportunities for growth and leadership. Our team is dedicated to helping you develop the skills necessary for success in the ever-evolving financial sector. TD Bank offers a variety of job opportunities across multiple fields, from customer service to investment banking. Each position at TD Bank is a chance to contribute to our culture of innovation and exceptional client service. Internship Programs Kickstart your career with a TD Bank internship. Our programs provide invaluable industry exposure and hands-on experience, making them a perfect starting point for students and recent graduates eager to make their mark in the banking industry. Interns at TD Bank enjoy the unique opportunity to work alongside seasoned professionals, gaining insights that are crucial for future employment. Benefits and Growth TD Bank is deeply committed to the well-being and continuous growth of our team members. We offer competitive benefits packages that cover health, finance, and family care. Our employees enjoy comprehensive health insurance, retirement plans, and generous paid time off, among other perks. Moreover, TD Bank encourages professional development through various training programs, including leadership development and diversity training. These initiatives ensure that our team remains at the forefront of industry standards and best practices. Join Our Team Explore the numerous career paths available at TD Bank and discover how your skills and interests align with our mission. We are actively hiring and continually looking for talented individuals who are passionate about banking and customer service. Networking and Professional Development At TD Bank, we believe in the power of networking and collaboration. Our employees have access to a wide range of networking events, workshops, and seminars that promote career development and professional growth. These platforms not only enhance your professional skills but also expand your industry connections. Stay Connected Keep up to date with the latest at TD Bank Careers by subscribing to our job alert emails. Tailor your subscription to match your career preferences and get the latest news, insider tips, and job opportunities delivered straight to your inbox. Explore job opportunities at TD Bank and be part of a team that values hard work, creativity, and a diverse workplace culture. Your next great career move is just a click away. SEARCH TD BANK JOBS Join us at TD Bank and let your ambition lead you to a rewarding career filled with opportunities to learn, grow, and innovate.
Learn more about TD Bank
Size
90,000 employees
Market Cap
$117.9 billion
Industry
Net Income
-$6.9 million
5 Year Trend
+6.6%

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