Analyst, Finance

TD • New York, NY

1d • $120,000 - $140,000

About The Position

This position requires someone with excellent analytical and technical skills with the ability to recognize issues and take practical corrective action. Proven skills in handling multiple tasks and working within specified timelines are required. The candidate must possess excellent business acumen and be able to develop positive working relationships with the areas supported. Position Overview Oversee the reporting and analysis for monthly/quarterly operating results, planning & forecasting and productivity reporting. Provide/review insightful and relevant commentary to Senior Management on business results, Forecast and Plan that provide a reasonable view of the future for the business to improve decision making. Summarize large amounts of information into meaningful key messages. Assist in the development and review of presentation materials intended to communicate business results to Executives. Proactively identify business opportunities warranting further review and analysis; identify and assist business in solving any challenges. Develop and maintain solid and effective working relationship with Business Partners, Segment Finance, Enterprise Strategy & Decision Support, Project delivery teams and other stakeholders. Manage ad hoc requests and participate in special projects/initiatives on behalf of the consolidated Risk Management team. Provide thought leadership and recommendations for identifying and implementing process improvements. Act as a knowledge leader for each area's finances and performance. Create and deliver ad-hoc analyses, special projects/reports and training as required to aid partner understanding. The Sr. Specialized Finance Analyst, TDS performs a variety of specialized finance functions in a particular finance area(s) with a high level of technical knowledge technical knowledge to give detailed and well-informed opinions of assigned business activities. Depth & Scope: Expert level professional role requiring in-depth knowledge / expertise in own domain / field of specialty and working knowledge of broader related areas Integrates the broader organizational context into advice and solutions within own area Accountable for own work and sometimes others; acts as an escalation point or knowledge resource for others in their own area Understands the industry, competition and the factors that differentiate the organization Applies best practices to implement process, product or service improvements Acts as a subject matter expert within their own area of specialty or a resource for others Supports projects or workstreams within broader projects with moderate risk or complexity and may be accountable for managing ongoing activities, processes and functional programs Contributes to setting standards within area of expertise Solves complex problems requiring analysis of multiple variables, including consultation with multiple stakeholders Uses advanced methods to contribute to new solutions and recommend standards against which others will operate Impacts a range of finance programs across own and related teams Interprets guidelines, standards, policies and results of analysis to inform decision making at senior levels Builds stakeholder alignment in leading projects and activities; may provide process and subject matter advice at senior levels Works independently as the senior technical lead and guides others within area of expertise Identifies and leads problem resolution for complex issues at all levels

Requirements

• Undergraduate degree
• 5+ years of relevant experience
• Accounting designation required (e.g., CPA, CMA.)
• Proven ability to develop and maintain relationships with business partners.
• Strong verbal and written communicator.
• High level of proficiency in Excel, Word, and PowerPoint.
• Understanding of the Bank’s management and financial reporting processes, and knowledge of the Bank’s financial reporting system and latest tools (including Hyperion, Power BI, and Tableau.)
• Demonstrates excellent judgment and professionalism when dealing with various internal partners.
• Proven analytical and problem-solving skills.
• Strong comfort level in presenting to executives.
• Ability to proactively follow up on identified issues and work toward resolution.
• Must be able to think conceptually (“out-of-the-box”) and have a high degree of attention for detail.
• Proficient in time management and demonstrated adaptability when changes are required.
• Must be able to work with minimal supervision in an unstructured and fast-paced environment.
• Assist the team in enhancements on expense automation, report centralization and standardization and other process initiatives.

Responsibilities

• Perform monthly analysis and reporting of revenue and expenses for the Management Reporting team.
• Investigate variances and assist in timely issue resolution and escalate matters to Managers or the Senior Manager when appropriate.
• Take a proactive role in the quarterly expense forecasting and annual planning processes.
• Coordinate with various stakeholders and ensure a robust forecast and plan is built up, reviewed and agreed upon with the business.
• Gain thorough knowledge of the systems used for expense reporting and analysis, identify and implement process improvements/automation that will result in increased effectiveness.
• Provides ongoing, proactive, specialized finance advice and counsel to business partners to ensure they are operating efficiently under applicable accounting rules and regulations
• Communicates and meets regularly with partners to develop an in-depth understanding of their business and to provide accounting/ taxation insight, knowledge and expertise, such as improving accounting process flows or clarifying income and expense recognition practices
• Recognizes, identifies and investigates business accounting issues that need attention, research as needed, offer specialized opinions based on research and knowledge and resolve problems
• Responds to accounting-related requests on a timely basis and answers questions as needed. Provides technical guidance and assist staff with most complex aspects of work as necessary
• Resolves escalated issues and problems by conferring with peers, other internal departments, outside contacts and others as necessary
• Ensures monthly recording of income, expense and other financial transactions is accurate and timely
• Researches and determines proper accounting treatment for new products and services as needed and communicate complete, thorough and accurate accounting requirements; considers and explains risk management issues prior to implementation, such as determining how the accounting of new initiatives will be monitored and controlled
• Performs a variety of activities related to month-end financial closing, which details the Bank's month-to-month financial condition, and/or completion of regulatory reports
• Reviews monthly financial activity and ensures transactions are appropriately recorded in proper accounts, such as cost capitalizing vs. expensing. Researches discrepancies and makes corrections and updates as necessary
• 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 exercise 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
• 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
• Keep 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

Benefits

• Growth opportunities and skill development are defining features of the colleague experience at TD.
• 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 base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition.
• 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.
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level