Head of Accounting Policy (US)

TD • Mount Laurel Township, NJ

2d • $225,000 - $250,000

About The Position

The Head of Accounting policy directs a full range of accounting, financial reporting, and financial policy and acquisitions activities for the Company. This role leads and directs the development of efficient accounting policies, and in partnership with the US controllers team, procedures, processes and systems ensuring that proper financial controls are in place and the Company operates effectively under applicable guidelines and regulations. Directs the development and review of published external financial reports. This role provides expert-level accounting consulting and expertise related to new initiatives, acquisitions and complex accounting issues. This role directs financial systems activities providing support to Company accounting functions.

Requirements

• Bachelor’s degree
• CPA preferred
• 12+ years progressively responsible experience in financial services-related accounting required
• Management skills and experience required
• In-depth understanding of appropriate accounting for a large diversified financial services firm.
• Comprehensive knowledge of GAAP and FASB regulations
• Extensive knowledge of regulatory reporting requirements, including annual financial reporting required by the SEC and Call reports required by the FDIC
• Experience reviewing business activities, creating and implementing appropriate and efficient accounting policies, procedures and controls, including determining proper accounting treatment for new and unique products and initiatives
• Understanding of related technology requirements and needs, including accounting systems
• Excellent written and verbal communication skills, including ability to present and explain information clearly

Responsibilities

• Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required
• Leads and directs the development of efficient accounting policies, procedures, and partners with others to develop processes and systems ensuring that proper financial controls are in place and the Company operates effectively under applicable guidelines and regulations
• Directs development, implementation and maintenance of accounting policy and procedures manual
• Partners on the development and review of published external financial reports and required financial regulatory reports required by the Securities and Exchange Commission (SEC) and other regulators
• Performs in-depth financial assessment for internal analysis and regulators, including complex issues such as the effect of acquisitions, stock offerings and alternative financial structures on various capital ratios.
• Educates and trains executive management and others on the financial implications of various business strategies and ideas and provides guidance for effective decision-making
• Directs variety of accounting-related activities for Company acquisitions. Analyzes target company's financial statements, financial practices and overall financial health and develops recommendations based on conclusions.
• Leads acquisition conversion activities to integrate new company's financial activities into ongoing operations
• Directs department ongoing communications with accounting analysis and other internal staff
• Ensures business activities are in compliance with Company policies as well as Generally Accepted Accounting Principles (GAAP), Financial Accounting Standards Board (FASB) regulations and regulatory accounting requirements.
• Ensures department staff is informed of any relevant changes, updates or developments

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Number of Employees: 5,001-10,000 employees