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TD Bank
Senior Specialized Finance AnalystTD Bank • Toronto, ON, Canada
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Senior Specialized Finance Analyst

Senior Specialized Finance Analyst

TD Bank • Toronto, ON, Canada
30+ days ago
Salary
CA$81,600.00 yearly
Job type
  • Full-time
Job description

Work Location: Toronto, Ontario, Canada
Hours: 37.5
Line of Business: Finance
Pay Details: $81,600 - $115,200 CAD

Job Title: Senior Financial Analyst – Capital Management and Executive Reporting

Job Summary

We are seeking a detail-oriented and highly organized Senior Financial Analyst with strong accounting skills, good business acumen and demonstrated problem solving ability to support overseeing Capital Management and Executive Reporting in coordinating the end-to-end Capital Management and Board and Audit Committee. The Senior Financial Analyst will be in close contact with the Chief Financial Officer (CFO) of TD Insurance to present financial results on a regular basis. This role is responsible for preparing and presenting actual Minimum Capital test (MCT) and forecast. It ensures accuracy, consistency and compliance with regulatory guidelines while working closely with stakeholders across Finance, Legal, Actuaries and Reinsurance. The Senior Financial Analyst will also play a key role in preparing and presenting Board and Audit Committee financial results to the executives of TD Insurance.

Key Responsibilities

  • Prepare and present Minimum Capital Test (MCT) actuals, forecasts, and plans, ensuring clear understanding of all variances and alignment with regulator guidelines.
  • Prepare Board and Audit Committee reports, analyze and explain financial results, reconcile to general ledger and source data, promptly identify and resolve variances.
  • Provide support for Regulatory Compliance Management (RCM) initiatives and other governance requirements.
  • Analyze and review annual financial statement results at both detailed and executive summary levels.
  • Identify and explain quarter-over-quarter and year-over-year variances for executive stakeholders.
  • Collaborate with many stakeholders to gather information for Board, Audit Committee, Financial Statement, OSFI and MCT reporting.
  • Support internal and external audits by providing required documentation and facilitating remediation of findings.
  • Proactively identify and assist with process improvement initiatives.
  • Provide ad hoc support as needed.

Key Competencies

  • Bachelor's degree in accounting.
  • CPA designation.
  • 5 years of experience in financial reporting or regulatory reporting roles, preferably in insurance business.
  • Excellent communication and collaboration skills.
  • Strong analytical skills.
  • Ability to work under tight deadlines.

TD is committed to providing fair and equitable compensation opportunities to all colleagues.

TD is an equal opportunity employer. All qualified applicants will receive consideration for employment regardless of race, color, religion, sex, national origin, disability, or any other characteristic protected by law.

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Senior Specialized Finance Analyst • Toronto, ON, Canada

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