TD Bank
Specialized Finance Manager
The Specialized Finance Manager provides seasoned specialized knowledge, advice and/or guidance to various stakeholders and team members in a specialized finance function or discipline.
The U.S. Specialty & Technical Accounting group is responsible for ensuring that U.S. financial results are prepared in accordance with U.S. GAAP and regulatory requirements. This involves providing financial accounting advisory support to the Business units and Corporate areas on emerging changes to U.S. GAAP, new initiatives, and complex transactions.
The ideal candidate will be responsible for providing timely and accurate technical accounting advisory services to stakeholders (including lines of business, Credit, Treasury, etc.) and identifying and communicating the impacts of new U.S. GAAP accounting standards and the Bank’s accounting policies. This position offers excellent exposure to a diverse and talented team of controllership professionals who support a broad array of the Bank’s businesses and products.
Depth & Scope:
- Highly seasoned expert professional role requiring substantial knowledge / expertise in a complex field and knowledge of broader related areas
- Integrates knowledge of the enterprise sub-function’s or business line’s overarching strategy in developing solutions across multiple functions or operations
- Accountable for own work and sometimes others; acts as an escalation point or knowledge resource for others in their own area
- Interprets internal/external business challenges and the industry environment, recommends course of action and best practices to improve products, processes or services
- Acts as a technical expert / lead integrating cross-function understanding within their own field of specialty; may manage team(s) of related specialists
- Leads cross-functional teams or projects with significant resource requirements, risk and / or complexity
- Independently manages end-to-end finance programs
- Solves or may lead others to solve complex problems; leads efforts or partners with others to develop new solutions
- Uses sophisticated analytical thought and technical knowledge to exercise judgement and identify solutions
- Impacts the achievement of sub-function or business line objectives within the area they are accountable for
- Communicates difficult concepts; converts information to compelling business context and advice; influences and gains alignment across increasingly senior stakeholders
- Works autonomously as the lead and guides others within area of expertise
Education & Experience:
- Undergraduate degree and/or
- 7+ years of relevant experience preferred
- Accounting, financial or relevant professional designation preferred
Preferred qualifications & skills:
- Essential to the success of this position is an individual with an in-depth knowledge of U.S. GAAP and strong analytical and communication skills who can provide decision support on various topics impacting the banking industry;
- The ideal candidate will be a CPA with 5-7+ years public/private accounting mix with accounting policy or other technical accounting experience;
- U.S. GAAP financial instruments and consolidation assessment experience is desired;
- The individual must possess excellent interpersonal and client service skills as well as have the ability to work very closely and confidently with many different levels of management on the business side;
- Proven ability to engage collaboratively with multiple stakeholders, both internally and externally, including senior management;
- Strong organizational skills;
- Excellent communication skills, written and oral.
Customer Accountabilities:
- Focuses on comprehensive reviews, specialized analysis, audits and/or initiatives and a variety of complex projects and initiatives requiring seasoned specialist knowledge and/or the integration of cross functional processes within own area of expertise
- Facilitates integration of several key functional areas and/or business lines in dealing and solving highly complex financial management/ specialized accounting / taxation / audit / regulatory reporting and operational issues
- Acts as the primary interface with Finance partners /leaders and external parties
- Acts as key contact and expert within area of expertise for the development, design and delivery of effective accounting/ taxation processes, policies, programs and advice
- Maintains awareness of changing legal/regulatory requirements and practices within the industry and consults with policy/process owners within Accounting/ Taxation to ensure compliance
- Engages, manages and influences internal/external cross-functional partners to develop/deliver integrated solutions
- Accountable for the development and delivery of broad enterprise wide accounting/ taxation policies and initiatives, which may have significant regulatory components
- Creates business cases and innovative recommendations
- Executes on diverse and complex policies, implements and develops activities and tools for businesses. Supports financial strategy and management activities
Shareholder Accountabilities:
- Adheres to enterprise frameworks or methodologies that relate to activities for our business area
- Ensures respective programs/policies/practices are well managed, meets business needs, complies with internal and external requirements, and aligns with business priorities
- Consistently exercises discretion in managing correspondence, information and all matters of confidentiality; escalates issues where appropriate
- Ensures business operations are in compliance with applicable internal and external requirements ( e.g. financial controls, segregation of duties, transaction approvals and physical control of assets)
- Participates in cross-functional / enterprise / initiatives as a subject matter expert helping to identify risk / provide guidance for complex situations
- Conducts internal and external research projects; supports the development/ delivery of presentations / communications to management or broader audience
- Conducts meaningful analysis at the functional or enterprise level using results to draw conclusions, make recommendations, assess the effectiveness of programs/ policies/ practices
- Monitors service, productivity and assesses efficiency levels within own function and implements continuous process / performance improvements where opportunities exist
- Leads / facilitates and/or implements actions / remediation plans to address performance / risk /governance issues
- Actively manages relationships within and across various business lines, corporate and/or control functions and ensures alignment with enterprise and/or regulatory requirements
- Keeps abreast of emerging issues, trends, and evolving regulatory requirements and assesses potential impacts
- Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite
Employee/Team Accountabilities:
- Participates fully as a member of the team, supports a positive work environment that promotes service to the business, quality, innovation and teamwork and ensures timely communication of issues/ points of interest
- Provides thought leadership and/ or industry knowledge for own area of expertise in own area and participates in knowledge transfer within the team and business unit
- Keeps current on emerging trends/ developments and grow knowledge of the business, related tools and techniques
- Participates in personal performance management and development activities, including cross training within own team
- Keeps others informed and up-to-date about the status / progress of projects and / or all relevant or useful information related to day-to-day activities
- Contributes to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices.
- Leads, motivates and develops relationships with internal and external business partners / stakeholders to develop productive working relationships.
- Contributes to a fair, positive and equitable environment that supports a diverse workforce
- Acts as a brand ambassador for your business area/function and the bank, both internally and/or externally
Physical Requirements:
Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%
- Domestic Travel Occasional
- International Travel Never
- Performing sedentary work Continuous
- Performing multiple tasks Continuous
- Operating standard office equipment – Continuous
- Responding quickly to sounds Occasional
- Sitting Continuous
- Standing Occasional
- Walking Occasional
- Moving safely in confined spaces Occasional
- Lifting/Carrying (under 25 lbs.) Occasional
- Lifting/Carrying (over 25 lbs.) Never