TD Bank

Specialized Finance Manager

TD Bank • $96K — $136K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Chartered Professional Accountant (CPA, CA) designation required.
  • Minimum 5 years of relevant financial accounting experience necessary.
  • Proven expertise in resolving complex IFRS accounting issues, focusing on financial instruments and Expected Credit Losses (ECL).
  • Detail-oriented with strong problem-solving abilities in understanding complex business transactions.
  • Excellent written and verbal communication skills for clear stakeholder interaction.
  • Demonstrated analytical skills with a commitment to accuracy.
  • Ability to manage multiple tasks and deadlines effectively.

Responsibilities

  • Act as primary contact for the US Retail segment and bank-wide ECL matters.
  • Serve as subject matter expert in ECL, revenue, and operating segments.
  • Provide technical accounting advisory services under IFRS to stakeholders.
  • Translate complex accounting topics for diverse stakeholder groups.
  • Conduct accounting research, prepare memos and presentations.
  • Assist in the preparation of consolidated shareholder reports and new disclosures.
  • Maintain relationships with internal and external stakeholders.

Benefits

  • Comprehensive healthcare and wellness programs.
  • Opportunities for professional development and continuous learning.
  • Work-life balance with flexible hours.
  • Access to employee financial literacy programs.
  • Supportive team environment fostering collaboration.
Full Job Description
Work Location:
Toronto, Ontario, Canada

Hours:
37.5

Line of Business:
Finance

Pay Details:
$96,900 - $136,800 CAD

Job Description:

Department Overview:

The Chief Accountant's Department of TD Bank Group (the "Bank") is responsible for ensuring that the Bank's consolidated shareholder reports are prepared in accordance with International Financial Reporting Standards (IFRS), and regulatory (OSC and SEC) requirements. This involves providing financial accounting advisory support to the Business units and Corporate areas on emerging and existing complex accounting issues such as financial instruments, consolidation, structured transactions and capital issuances. This includes the development and maintenance of strong working relationships with various internal stakeholders within the Bank to deliver consolidated shareholder reports and regulatory filings.

Job Description:

The Specialized Finance Manager, Chief Accountant's Department, Accounting Policy and Advisory, is responsible for the development, maintenance and interpretation of the Bank's accounting policies in support of matters relating to the US Retail segment and bank-wide ECL (Expected Credit Losses). Additionally, this role requires the incumbent to assist in the monitoring, tracking and implementation of new and emerging accounting standards.

Responsibilities include:
  • Acting as the primary APA contact for matters relating to the US Retail segment and bank-wide ECL
  • Act as a subject matter expert on ECL, revenue, operating segments and other US Retail related accounting issues
  • Providing timely, accurate, and practical technical accounting advisory services under IFRS to stakeholders by understanding the accounting standards and the objectives of the business units
  • Translating and communicating complex accounting topics to stakeholders, recognizing and anticipating potential opportunities and recommending changes as the business or regulatory environment changes
  • Conducting technical accounting research, benchmarking and analysis, and preparing accounting memos and presentation materials
  • Assisting in the preparation of the external consolidated shareholder reports (MD&A, Financial statements and notes, Supplemental Financial Information, etc.), including appropriate new accounting and reporting disclosures and enhancements to existing disclosures
  • Keeping up to date with new accounting pronouncements under IFRS, presenting periodic technical updates, and preparing accounting policy update materials
  • Managing and developing strong working relationships with key business partners and stakeholder groups, both internally (Segment Finance, Tax, Finance Operations, Investor Relations, Risk, etc.) and externally (auditors, advisors, and peer banks)
  • Assist in the development, maintenance, and interpretation of Bank-wide accounting policies.


Job Requirements:

Qualifications / Skills / Experience:
  • Candidate must possess a Chartered Professional Accountant (CPA, CA) designation, coupled with a minimum 5 years of relevant financial accounting experience
  • Experience in researching and resolving complex accounting issues under IFRS, preferably with a focus on financial instruments, including ECL, and accounting issues relating to banking. US GAAP experience in the same areas is an asset
  • Must be detail oriented and quick to comprehend complex business transactions and strategies with an ability to apply problem-solving skills and ensure the most appropriate accounting/reporting framework is applied
  • Must demonstrate excellent written and verbal communication skills with the ability to communicate clearly with various stakeholders at various levels of seniority
  • Proven analytical skills, sound judgment, attention to detail and high personal standards for accuracy
  • Ability to manage deadlines, multiple tasks and adapt well to changing priorities

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
Finance & Insurance
Net Income
-$6.9 million
5 Year Trend
+6.6%
* Ladders Estimates

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