Senior Financial Analyst-Capitalization and Feature Cost Reporting

Posted:
9/9/2024, 1:04:12 PM

Location(s):
Ontario, Canada ⋅ Toronto, Ontario, Canada

Experience Level(s):
Senior

Field(s):
Finance & Banking

Workplace Type:
On-site

Work Location:

Canada

Hours:

37.5

Line of Business:

Finance

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 a member of our HR Team and ask compensation related questions, including pay details for this role.

Job Description:

Department Overview:

The Platform & Technology (P&T) Finance team is responsible for providing financial support, analysis, reporting, guidance and strategic advice and decision support to P&T management as follows:

  • Proactive financial leadership resulting in achievement of P&T business and financial objectives and budget.

  • Develop, manage, and deliver an effective performance management framework to P&T management, focused on key (industry standard) cost drivers and metrics.

  • Deliver financial reporting of results and trends, including operational and strategic advice and recommendations.

  • Develop, implement, and communicate effective processes for expense management.

We are currently looking to fill a vacancy in the Capitalization and Feature Cost Reporting Finance team within Commercial, Corporate & Data as a Service Platform (CCDP).

Job Description / Accountabilities

The successful candidate for this position will report to the Manager, Capitalization and Feature Cost Reporting. Their objective is to provide governance, control, reporting and support to ensure Platforms adhere to policies and best practices for complete and accurate Capitalization and Feature Cost Reporting requirements.

The Senior Financial Analyst must be a driver with strong leadership / communication skills and have experience in leading and delivering value added business analysis, advice, and guidance. Candidates must be committed to professionalism, highly organized, able to see the big picture while paying attention to small details.

Key accountabilities for this position include:

  • Liaise with Platforms to follow and adhere to the Bank's Software Accounting Policy related to work delivered using TD Scaled Agile (TDSA) delivery approach under Next Evolution of Work (NEW).

  • Providing constructive challenge, coaching and support to ensure partners with the information they need to make decision and do the "right thing".

  • Being the Finance subject matter expert on Capitalization and Feature Cost Reporting, while demonstrating a holistic viewpoint, on key components of NEW.

  • Providing value-added financial analysis and advisory support to business partners to develop and execute strategic plans and goals or respond to ad hoc requests for business analysis.

  • Liaise with P&T Finance team during the planning process to ensure Capitalization and Amortization are effectively incorporated into the Annual Plan/Quarterly Forecast.

  • Conducting analysis of forecast results and broader trends to provide a reasonable view of the future capitalization of the business with advice to improve decision making.

  • Providing insightful and relevant commentary to P&T Finance on business results, forecast and Plan.

  • Developing of monthly and quarterly result packages. Conduct progressive analysis on monthly results and provide value add advice, and guidance.

  • Being responsible to identify financial opportunities, conduct the necessary analysis to develop options and offer well supported recommendations to senior management.  This includes strong written and in-person presentation skills.

  • Proactively identifying issues and recommend actions to senior management.

  • Provide leadership and support to the P&T Finance team, fostering a positive and rewarding work environment.

Qualifications/Competencies/Accreditation

  • Business and/or accounting designation strongly preferred or working towards designation (MBA/CFA/CMA/CGA/CA).

  • Strong working knowledge of MS Excel (Power Pivot), MS Word, MS Power Point and Outlook.

  • Detailed knowledge of financial accounting processes and internal control structures

  • Strong business acumen and analytical capabilities – ability to consolidate inputs into clear, concise analysis and ultimately business decisions.

  • Strong leadership capabilities to work effectively with senior executives.

  • Ability to lead and manage in a fast paced and ever-changing environment.

  • Proactive self-starter with the ability to see business opportunities warranting further review & analysis.

  • Excellent analytical, logical, and organizational skills are required - able to provide clear and concise summaries of relevant data, observations, and recommendations to management (turns complexity into simplicity).

  • Ability to lead and manage change.

  • Organizational awareness and the ability to balance the viewpoints of Finance and the business units.

  • Strong relationship management and advisory skills are required to support business partners and assist them with overcoming challenges.

  • Ability to influence and motivate others, including those who do not have a direct reporting relationship.

  • Ability to negotiate, problem solve and make decisions.

  • Ability to prioritize competing requests and multiple tasks in a deadline driven environment.

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/stores. 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 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.

Our Total Rewards Package
Our 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. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.
 

Training & Onboarding
We 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:

N/A.