Work Location:Toronto, Ontario, Canada
Hours:37.5
Line of Business:Finance
Pay Details:$81,600 - $115,200 CAD
Job Description:Senior Financial analyst - Capital management and Executive ReportingThe Specialized Reporting and Solution Management Team (SRSM) Insurance Team is part of the broader Specialized Reporting and Solutions Management Team, and reports under the Chief Accountant's Department of the Bank.
From a business perspective, SRSM Insurance Team supports the TD Insurance CFO. The team is responsible for specialized financial and regulatory reporting for the General Insurance and Life Insurance business. In addition, SRSM is responsible for providing effective accounting advice considering business, accounting and reporting implications, systems, processes, and control impacts, both at the subsidiary and the Bank level.
Job SummaryWe are seeking a detail-oriented and highly organized
Senior Financial Analyst with strong accounting skills, good business acumen and demonstrated problem solving ability to support overseeing Capital Management and Executive Reporting in coordinating the end-to-end Capital Management and Board and Audit Committee. The Senior Financial analyst will be in close contact with the Chief Financial Officer (CFO) of TD Insurance to present financial results on a regular basis.
This role is responsible for preparing and presenting actual Minimum Capital test (MCT) and forecast. It ensures accuracy, consistency and compliance with regulatory guidelines while working closely with stakeholders across Finance, Legal, Actuaries and Reinsurance. The Senior Financial analyst will also play a key role in preparing and presenting Board and Audit Committee financial results to the executives of TD Insurance.
Key Responsibilities- Prepare and present Minimum Capital Test (MCT) actuals, forecasts, and plans, ensuring clear understanding of all variances and alignment with regulator guidelines.
- Prepare Board and Audit Committee reports, analyze and explain financial results, reconcile to general ledger and source data, promptly identify and resolve variances.
- Provide support for Regulatory Compliance Management (RCM) initiatives and other governance requirements.
- Analyze and review annual financial statement results at both detailed and executive summary levels.
- Identify and explain quarter-over-quarter and year-over-year variances for executive stakeholders.
- Collaborate with many stakeholders to gather information for Board, Audit Committee, Financial Statement, OSFI and MCT reporting.
- Support internal and external audits by providing required documentation and facilitating remediation of findings.
- Proactively identify and assist with process improvement initiatives.
- Provide ad hoc support as needed.
Key Competencies - Bachelor's degree in accounting
- CPA designation
- 5 years of experience in financial reporting or regulatory reporting roles, preferable in insurance business.
- Excellent communication and collaboration skills.
- Strong analytical skills.
- Ability to work under tight deadlines
Our Total Rewards PackageOur 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 & OnboardingWe 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):Maîtrise d'une langue autre que le français pour offrir du soutien ou traiter avec des employés ou des collègues qui ont besoin de services et de soutien dans une langue autre que le français.
