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 Corporate Development. Additionally, this role requires the incumbent to assist in the monitoring, tracking and implementation of new and emerging accounting standards.
Responsibilities include:
- Conducting technical accounting research, benchmarking and analysis, and preparing accounting memos and presentation materials
- 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
- Assisting in the preparation of the external consolidated shareholder reports (MD&A, Financial statements and notes, Supplemental Financial Information Package), 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
- Translating and communicating complex accounting topics to stakeholders, recognizing and anticipating potential opportunities and recommending changes as the business or regulatory environment changes
- Managing and developing good 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)
- Act as a subject matter expert on business and asset acquisition related accounting issues
- Reviewing proposed M&A transaction structures, preparing due diligence reports to Corporate Development and advising on accounting implications
- Developing purchase accounting equation, opening balance sheet and assess goodwill and intangibles, as per inputs from other Deal Teams (e.g., Credit Risk, TBSM Finance, etc).
- Confirming appropriate treatment of intangibles, rate and credit marks accounting methodology are accurately reflected in the financial model.
- Performing ad hoc tasks to support the team as required
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 M&A, financial instruments and accounting issues relating to banking and capital market institutions. 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
- Previous experience of implementing accounting change projects is an asset
- 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
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:We9re delighted that you9re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we9re 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 you9re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You9ll 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 you9re 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.
We9re 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 you9ve got everything you need to succeed in your new role.
Interview Process We9ll 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 you9d 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
