Intermediate Tax Analyst II (US)

TD•New York, NY

3d•Onsite

About The Position

The Intermediate Tax Analyst II reports directly to the Tax Manager within the Retail Tax Accounting and Compliance group. The analyst will be responsible for all duties related to the preparation and filing of U.S. federal compliance and monthly reporting, assist with tax research projects, support the department in developing and implementing process improvements, and carry out other duties as assigned by the supervisor. This position is responsible for ensuring that TD Securities US Taxation is managed as efficiently and effectively as possible. This position will report to the Director of Tax and will be required to interact with various internal and external groups. It provides business/financial analysis and/or general Tax/accounting or related operational support as assigned, identifies and investigates non-standard Tax accounting and/or operational/reporting issues, and provides recommendations or escalates issues to the appropriate area. The role conducts regular financial analysis/reporting to support business partners, functional Tax areas or centers of expertise. It operates as a working lead on finance initiatives as assigned and requires an experienced level with general business or specialized Tax, accounting or operational knowledge or related skills. The role assists in the development and implementation of new financial models, methodologies, frameworks and paradigms to support ongoing business unit reporting and analysis functions. It contributes to the strategic direction of the Tax function by keeping current on emerging issues, industry trends and/or relevant accounting changes. The role ensures efficient and accurate Tax operational processes are in place that meet all client needs and/or established guidelines. It adheres to internal policies/procedures and applicable regulatory guidelines and contributes to the review of internal processes and activities, assisting in identifying potential opportunities to improve operational efficiencies. The role also assists in the development of systems and processes supporting daily operations, which may include production of reports, general ledger items, fixed asset analysis, accounts receivables/payables and/or costing functions. It contributes to the development and delivery of operational/Tax projects or special initiatives for its area and monitors or tracks key items. The role follows up on outstanding processing entries, reconciliation items or other tracking issues to ensure proper resolution and to minimize errors. It contributes to process mapping activities including designing process improvements, issue resolution, special projects and production of relevant reports. The role conducts regular, ongoing analysis, evaluation and review of business performance and initiatives against established reference points. It provides advice and guidance to Tax Management and/or business partners and appropriate stakeholders on a range of Tax accounting/reporting or operational processes. It coordinates and/or consolidates financial information needs/requests among various parties and develops and maintains solid and effective working relationships with Business Unit management, Tax partners and other stakeholders by providing value-added analysis, guidance and/or operational Tax support. The role acts as a key resource to the business or functional unit by providing relevant and meaningful financial information/data/guidance on specialized procedures and/or issues. It identifies variances and contributes to the analysis, due diligence and execution and/or implementation of potential initiatives, acquisitions and/or business re-structures within its defined area of responsibility. It contributes or leads Tax related operational activities as assigned.

Requirements

Strong analytical skills
Excellent oral, written, and interpersonal communication skills
Ability to work effectively as a team player
Ability to work under pressure, meet deadlines and pay attention to detail
Capacity to pursue complex projects through to final resolution
Ability to establish priorities, work independently, and achieve objectives with minimal supervision
Knowledge of OneSource compliance and OneSource Provision software
Demonstrate advanced proficiency in computer applications, including Microsoft Excel and Alteryx
Bachelor’s degree in accounting
Minimum of 2 years related experience
Requires working knowledge of the Tax function and the key business areas supported
Must be knowledgeable of established benchmarks and/or best practices for own area
Must be detail oriented and possess problem-solving skills.
Must be able to work independently with minimal supervision and establish priorities
Proficient in interpersonal communication (both oral and written), and have the ability to communicate effectively with all levels of staff and management
Bachelor degree in Business/Accounting/Financial Management
3+ years related experience

Nice To Haves

CPA, MS, or MBA is preferred but not mandatory
accounting designation is preferred but not required

Responsibilities

Assist in the tax accounting function, including monthly, quarterly, and annual income tax provisions
Ensure timely and accurate completion of federal tax returns and estimates
Assist with the preparation of tax footnotes for standalone financial statements
Prepare permanent and deferred Tax workpapers
Support the execution of changes resulting from tax planning initiatives
Contribute to the development and delivery of operational or tax-related projects, as well as special initiatives
Provide advice and guidance to tax management, business partners and relevant stakeholders on various tax matters
Help shape the strategic direction of the Tax Function by staying informed on emerging issues, industry trends, and relevant accounting developments
Provides business / financial analysis and/or general Tax / accounting or related operational support as assigned
Identifies and investigates non-standard Tax accounting and/or operational / reporting issues
Provides recommendations or escalates issues to appropriate area
Conducts regular financial analysis / reporting to support business partner, functional Tax areas or centers of expertise
Operates as a working lead on finance initiatives as assigned
Assists in the development and implementation of new financial models, methodologies, frameworks and paradigms to support on-going business unit reporting and analysis functions
Ensures efficient and accurate Tax operational processes in place that meet all client needs and/or established guidelines as applicable
Adheres to internal policies / procedures and applicable regulatory guidelines and contribute to the review of internal processes and activities and assist in identifying potential opportunities to improve operational efficiencies
Assists in the development of systems and processes supporting daily operations, which may include production of reports, general ledger items, fixed asset analysis, accounts receivables/payables and/or costing functions etc.
Contributes to the development and delivery of operational / Tax projects or special initiatives for own area and monitor or track key items
Follows up on outstanding processing entries, reconciliation items or other tracking issues to ensure proper resolution and to minimize errors
Contribute to process mapping activities including designing process improvements, issue resolution, special projects and production of relevant reports
Conducts regular, ongoing analysis, evaluation and review of business performance and initiatives against established reference points (e.g. plan, prior year, business cases) as directed
Provides advice and guidance to Tax Management and/or business partners and appropriate stakeholders on a range of Tax accounting / reporting or operational processes
Coordinates and/or consolidates financial information needs / requests among various parties (e.g. business Tax Teams, other stakeholders, eternal parties / regulators / auditors and/or centralized Tax units e.g. Chief Accountant, Enterprise Decision Support, Finance Shared Services, Investor Relations and Taxation etc.,)
Develops and maintains solid and effective working relationships with Business Unit management, Tax partners and other stakeholders by providing value added analysis, guidance and/or operational Tax support
Acts as a key resource to the business or functional unit by providing relevant and meaningful financial information / data / guidance on specialized procedures and/or issues (e.g. tax, accounting principles, reconciliation / reporting / financial controls / Tax processes etc.)
Identifies variances and contribute to the analysis, due diligence and execution and/or implementation of potential initiatives, acquisitions and/or business re-structures within defined area of responsibility
Contributes or leads Tax related operational activities (e.g. report production, system queries, process mapping, specialized tracking, analysis and transactional procedural support) as assigned