18 Oct
|
TD Bank
|
Toronto
Work Location:
Toronto, Ontario, Canada
Hours:
37.5
Line of Business:
Finance
Pay Details:
$96,900 - $136,800 CAD
This role is eligible for a discretionary variable compensation award that considers business and individual performance.
TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role.
The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.
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.
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Department Overview:
Enterprise Finance provides strategic financial leadership, planning, forecasting and decision support related to project investments in Technology and business portfolios. The team also oversees booking, reporting and financial governance / control of capitalization of internally developed software expenses.
Overview Description:
Reporting to the Senior Manager Finance, the Manager, Finance will lead the financial governance, booking, reporting, planning and forecasting of internally developed software capitalization, amortization and impairment across supported Technology portfolios. The role is accountable for the integrity of capitalization results, the effectiveness of related controls, and the delivery of clear, timely insights to senior Finance, Technology and business leaders.
This is a highly visible leadership role requiring strong technical accounting knowledge, strategic financial acumen and the ability to guide a team through complex, time-sensitive deliverables. The Manager will act as a trusted advisor, challenge assumptions constructively, influence decisions across a matrixed organization and champion automation, standardization and continuous improvement.
Accountabilities:
- Lead the end-to-end internally developed software capitalization and amortization process, including governance, project eligibility assessments, capitalized labour, asset recognition, transfers, retirements and financial statement impacts.
- Oversee and work closely with the analysts in the team to support monthly and quarterly close activities, including capitalization, amortization and charge-out journal entries, accruals, balance sheet reconciliations, variance analysis and impairment attestations.
- Own the monthly reconciliation of time-reporting, project-system and general-ledger data; establish review standards and ensure completeness, accuracy, appropriate support and timely resolution of exceptions.
- Lead annual planning, rolling forecasts and outlooks for capitalization, amortization, asset balances and related expense impacts; identify risks and opportunities and provide scenario analysis to senior management.
- Develop executive reporting and dashboards that explain performance, forecast changes, portfolio trends,
financial impacts and emerging issues in explicit, decision-oriented language.
- Serve as the Finance subject matter expert for internally developed software accounting, partnering with Accounting Policy, Controllers, Fixed Assets, Technology, Project Delivery and portfolio leaders to support consistent policy interpretation and application.
- Maintain a strong control environment by ensuring key controls, evidence, documentation and governance are effective, scalable and audit-ready; coordinate responses to internal and external audit requests.
- Lead, coach and develop finance professionals by setting clear priorities, providing timely feedback, building technical capability and fostering accountability, collaboration and continuous learning.
- Establish an effective operating cadence for the team, allocate work based on priorities and capacity, monitor delivery and remove barriers to successful execution.
- Influence senior stakeholders, constructively challenge assumptions and drive timely decisions and issue resolution across complex, matrixed relationships.
- Identify and implement opportunities to simplify processes, strengthen controls and automate data transformation, reconciliations, forecasting and reporting using Power Query, Power BI and other available tools.
- Lead the assessment and implementation of accounting, policy, system and process changes, including impact analysis, communications, training, documentation, escalation and post-implementation monitoring.
- Support strategic initiatives and ad hoc analysis related to technology investment, capitalization trends, asset performance, resource allocation and portfolio decision-making.
Job Requirements:
Qualifications/Skills/Experience:
The successful candidate is an experienced
📌 Finance Manager- Enterprise Finance Internally Developed Software Capitalization (Toronto)
🏢 TD Bank
📍 Toronto