Specialized Finance Manager (Financial Reporting Controls)

Job title: Specialized Finance Manager (Financial Reporting Controls)

Job description: Company Overview

Our Values

At TD we’re guided by our purpose is to enrich the lives of our customers, communities and colleagues, and share a set of values that shape our culture and guide our behavior. In exchange for how our colleagues show up to help TD succeed, we are committed to delivering a colleague experience grounded in Impact, Growth and a Culture of Care. No matter where you work across TD, we empower you to make an impact at work and in your community, explore and grow your career and be part of our caring and inclusive culture.

Making Your Well-being a Priority

A caring and supportive culture that promotes colleague well-being is core to who we are. At TD, we focus on total well-being with extensive programs to help colleagues assess, manage, and improve their well-being across four core pillars – physical, financial, social and mental/emotional. In addition, we champion a safe, inclusive and supportive work environment to help colleagues feel a sense of belonging, and supported in their personal and professional growth. Through our focus on total well-being, we know that we can help our colleagues thrive, contribute to our culture of care, and support better business outcomes … because when colleagues feel their best, they’re more likely to do their best.

Our Total Rewards Package

Our Total Rewards package reflects the investment we make in our colleagues to help them, and their families achieve their 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 including medical, dental, vision & mental health coverage, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs.

How We Work

At TD, we believe in-person connections fuel collaboration and collective creativity. Our workplace experience empowers colleagues to do great work side-by-side at TD locations, while offering flexibility to work remotely where it makes sense for the work and team. Our teams work in one of three workplace models: hybrid, onsite and primarily remote. Wherever our colleagues are working, they’ll always have access to the TD community and experience our culture of care.

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. Every day, we deliver legendary customer experiences to 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 the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues. TD is a customer obsessed organization, and we are deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you’ve got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we’re here to support you towards your goals. As an organization, we keep growing – and so will you.

Department Overview

The Chief Accountant’s Department is responsible for TD Bank Group’s (TDBG) consolidated financial statements and selected regulatory filing for the Canadian subsidiaries. The Chief Accountant’s team ensures that all these filings are accurate, timely and compliant with the accounting and regulatory requirements set by different governing bodies. The Financial Reporting Controls Team within Chief Accountant’s team supports the Chief Accountant & Controller in fulfilling their controllership mandate, is responsible for setting policies governing financial reporting and providing oversight on their compliance. It is also responsible for providing oversight to and guidance on financial reporting related controls at both the Consolidated Bank level and significant subsidiaries level.

Job Requirements

• Professional accounting designation (CPA,CA/CPA) is a must
• University degree in business or other relevant fields
• 5+ years experiences in an accounting/finance role with internal controls experience
• Financial industry experience would be considered a strong asset
• Public accounting firm experience would be considered a strong asset
• Financial reporting, process, operations, internal controls, audit experiences an asset
• Develop and maintain strong relationships with business partners, strong collaboration skills with variety levels of employees
• Effective communication skills (both written and verbal), organizational and time-management skills
• Good understanding of financial statement assertions and their practical application in controls. Ability to synthesize data, extract meaning and utilize relevant information to identify opportunities and provide recommendations
• Given high level objectives and plan, ability to navigate some level of ambiguity and execute
• Ability to make recommendations based on a combination of data, professional judgment and common sense

Hours

37.5

Job Details

The Finance Manager will be responsible for executing the detailed work effort under specified workstreams of Reconciliation and Certification with the goal of strengthening overall internal control environment, enhancing policies related to governance on financial reporting, refining governance framework and infrastructure on financial controls across the Bank. They will be supporting the Senior Managers in reviewing and assessing the existing financial controls frameworks, identifying issues/opportunities, making recommendations to enhance financial control environment, effectiveness of control design, and oversee the implementation of changes and improvements.

• Gathering policies and guidelines related to account reconciliation and attestation across the Bank for review. Conduct detailed review against requirements, identify potential issues, gaps, inconsistency etc for discussion
• Gathering financial reporting related control inventory, participating in review, walkthrough and assessment of control design, including but not limited to ownership, roles and responsibilities, management supervision & review, reporting & escalation, operational coverage, ongoing training, data lineage, change management.
• Documenting or reviewing existing documents on data flows and assess potential data gaps for purposes of account reconciliation and attestation.
• Taking inventory and analyze reconciliations performed for the purpose of assessing appropriateness of reconciliations (source to sub-ledger, establish whether compensating/additional controls required).
• Assist in performance of risk-rated GAP analyses to identify control weaknesses requiring remediation.
• Reviewing management remediation plans for control weaknesses identified through the GAP analyses, Internal Audit Findings or Risk PIRs (Post Incident Reviews). Include course of actions (with IT solutions and/or other automation opportunities), ownership, timeline, resource requirements
• Assist in benchmarking of policies and procedures against industry best practices and establishing a Target Operating Model (TOM) over specified control areas.
• Participating in setting up operating procedures to support the implementation and training on TOM policies and procedures.

Workplace Model

Hybrid

Inclusiveness

Our Commitment to Diversity, Equity, and Inclusion

At TD, we’re committed to fostering an environment where all colleagues are encouraged to bring their authentic selves to work, experience equitable opportunities, and feel respected and supported. We’re dedicated to building an inclusive workforce that reflects the diversity of the customers and the communities in which we live and serve.

How We’re Helping Make an Impact in Communities

TD has a long-standing commitment to help drive progress towards a more inclusive and sustainable future. That’s why we launched the TD Ready Commitment in 2018, now a multi-year North American initiative. Under the TD Ready Commitment, we are targeting a total of $1 billion by 2030 in community giving four key, interconnected drivers of change: Financial Security, Vibrant Planet, Connected Communities, and Better Health. It’s our goal to help support change, nurture progress, and contribute to making the world a better, more inclusive place for our customers, colleagues, and communities.

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!

Additional Information

#LI-Hybrid

#FinanceCareers

Business Line

Corporate

Job Category – Primary

Finance / Accounting

Job Category(s)

Finance / Accounting

Job Family

Finance

Time Type

Full Time

Employment Type

Regular

Pay Details

We’re committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with your recruiter and ask compensation related questions, including pay details for this role.

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