Broker Dealer Accountant

Work Location :
United States of America

Hours:
40

Line of Business:
TD Securities

Pay Detail:
$150,000 - $180,000 USD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. The included salary range for this role takes into account multiple factors that are considered in making compensation decisions. The base pay actually offered may vary based upon candidate's skills and experience, job-related knowledge, licensure and certifications, geographic location, and other specific business and organizational needs. As TD puts career development at the forefront of our colleague experience, it is not typical for an individual to be hired at or near the top of the range for their role.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role

Job Description:

Preferred Qualifications:

TD Securities is looking for a broker-dealer accountant to join its legal entity control division in New York City. TDS Finance - U.S. Controller function for TD's U.S. Wholesale entities, which may include multiple SEC registered broker dealers.

The successful candidate will be responsible for the team's effort in accurate and timely reporting of its IFRS and GAAP books and records and regulatory filings for its U.S. broker-dealers as well as non broker dealers. Specific responsibilities will include, but are not limited to:

• Assist in the coordination, preparation and management of our timely month end close.
• Review month end balance sheet & income statement for respective product areas ensuring product controllers reconciliations are accurate with respect to correct GAAP & regulatory treatment.
• Oversee preparation of financial reporting package to facilitate senior management review as part of the monthly FOCUS process.
• Liaise with all external & internal audit counterparts as well as operations and financial operations teams. Responsible for efficiently driving audits to completion.
• Help implement strategic technology builds and changes in reporting paradigms, including changes in reports as dictated by management and regulators.
• Ensure adherence to corporate governance policies related to End User Computing (EUC), Standard Operating Procedures (SOP) and Account Reconciliation (ARCS)
• Analyze financial information with a key focus on control and compliance and addressing new requirements, including new reporting alongside accounting policy.
• Understand, manage, book and reconcile transfer pricing and intercompany transactions.
• Assist with the integration planning and implementation as TD Cowen looks to fully integrate with TDS.
• Assist with the controls over intercompany activity across TDS entities.
• Prepare for and assist with monthly close flux analysis meetings
• Oversee a team of 3 people as it related to legal entity control and some corporate and financial reporting functions.

Qualifications:

• Bachelor's Degree in accounting
• 8+ year post undergraduate experience preferred
• FINRA Series 27 preferred but not required. Working knowledge of broker-dealer regulatory environment is a must.
• Understanding of Fixed Income/Equity products a plus
• CPA or CFA candidate a plus
• Organized, detail oriented and self-motivated individual with strong analytical skills
• Highly proficient with Microsoft Excel and knowledge of advanced analytical solutions (Alteryx, UI Path, Power Query, etc..) a plus.
• Ability to work within deadlines while still providing a high-quality work product

The VP Finance TDS leads development and achievement of financial objectives. Reports on financial results, providing interpretation through in-depth understanding of the business. Provides forecasts and financial plans to drive business results, strategy and decisions.

Depth & Scope:

• Gathers and reports on financial results vs. plans on an ongoing basis, providing evaluation and interpretation through an in-depth understanding of the business
• Leads development and achievement of financial objectives
• Develops and maintains strong business relationships
• Provides leadership, coaching, counseling and guidance to staff
• Develops, assigns and monitors plans to ensure completion of goals and objectives
• Resolves issues and problems by conferring with staff, other internal departments, outside contacts and others as necessary

Education & Experience:

• Bachelor degree in Business/Accounting/Financial Management (accounting designation is preferred but not required)
• 5-7 Years of related experience

Physical Requirements:

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%

• Domestic Travel - Occasional
• International Travel - Never
• Performing sedentary work - Continuous
• Performing multiple tasks - Continuous
• Operating standard office equipment - Continuous
• Responding quickly to sounds - Occasional
• Sitting - Continuous
• Standing - Occasional
• Walking - Occasional
• Moving safely in confined spaces - Occasional
• Lifting/Carrying (under 25 lbs.) - Occasional
• Lifting/Carrying (over 25 lbs.) - Never
• Squatting - Occasional
• Bending - Occasional
• Kneeling - Never
• Crawling - Never
• Climbing - Never
• Reaching overhead - Never
• Reaching forward - Occasional
• Pushing - Never
• Pulling - Never
• Twisting - Never
• Concentrating for long periods of time - Continuous
• Applying common sense to deal with problems involving standardized situations - Continuous
• Reading, writing and comprehending instructions - Continuous
• Adding, subtracting, multiplying and dividing - Continuous

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.

Who We Are

TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience. With more than 6,500 professionals operating out of 40 cities across the globe, we help clients meet their needs today and prepare for tomorrow. Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise, while growing our strong, diversified investment bank. We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day.

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 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. 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

If you are an applicant with a disability and need accommodations to complete the application process, email the TD Bank US Workplace Accommodations Program at USWAPTDO@td.com. Include your full name, best way to reach you, and the accommodation needed to assist you with the application process.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.