Director, Broker Dealer Financial Reporting

TD • New York, NY

3d

About The Position

Director (L11) – Financial Reporting (NY Branch & Broker Dealer) Overview The Director of Finance – Financial Reporting is responsible for overseeing the accounting and financial reporting activities primarily related to New York Branch operations, as well as supporting financial reporting for U.S. broker-dealer entities. This role focuses on ensuring that financial records, reporting packages, and financial statements are prepared accurately and in accordance with IFRS and U.S. GAAP applicable. The position is responsible for the integrity of financial reporting processes related to the New York Branch and broker-dealer entities and ensuring that financial data is appropriately supported, reconciled, and documented. The Director will work closely with the Regulatory Reporting, Operations, Treasury, and other internal stakeholders to ensure that financial information used in regulatory filings is consistent with the firm’s accounting records and supports regulatory reporting requirements. While regulatory filings are prepared by the Regulatory Reporting team, this role provides accounting support and financial analysis necessary to facilitate regulatory compliance.

Requirements

• 10+ years' experience in Finance for broker dealers, including managerial experience
• Account for Fixed Income and Equity Products preferred
• CPA, FINRA 27 License preferred, but not required
• Excellent verbal and written communication skills
• Knowledge of Broadridge, Pershing a plus

Responsibilities

• New York Branch Financial Reporting Lead the accounting and financial reporting processes related to New York Branch operations.
• Ensure that financial reporting for the branch is prepared accurately and in accordance with IFRS and U.S. GAAP reporting requirements, as applicable.
• Oversee preparation and review of financial reporting packages, supporting schedules, and reconciliations related to branch operations.
• Review branch balance sheet and income statement accounts to ensure completeness, accuracy, and appropriate accounting treatment.
• Coordinate preparation of financial information used for Regulatory and Management reporting Ensure proper reconciliation and documentation of key branch accounts, including intercompany balances and financing-related activity.
• Maintain strong governance and documentation supporting branch financial reporting processes.
• Broker-Dealer Financial Reporting Manage month-end close process as well as preparation of financial statements under both US GAAP and IFRS for broker dealer entities.
• Manage year-end audit process for broker dealers and serve as main point of contact for year-end audit.
• Work closely with regulatory reporting group on filings of FOCUS, 15c3-3 Customer Reserve Requirement, and 15c3-1 Net Capital.
• Perform detailed review and variance analysis of revenue streams, costs drivers and business KPIs.
• Help implement strategic technology builds and changes in reporting paradigms, including changes in reports as dictated by management and regulators.
• Support strategic and tactical projects, including working with Operations to implement upgraded clearance and settlement systems.
• Liaise with interna/external auditors and other internal stakeholders.
• Controls, Governance & Risk Management Design, implement, and maintain a robust control framework over financial reporting, including documentation of key controls, review procedures, and evidence standards.
• Partner with Chief Accounts, Regulatory, Operations to support internal control assessments, issue management, and remediation of findings.
• Lead or support look-back analyses, root-cause assessments, and process improvements related to Financial and regulatory reporting.
• Implement routines and controls surrounding critical governance processes End User Computing ("EUC") spreadsheet Adherence with firm's account reconciliation ("ARCS') policy Standard Operating Procedure ("SOP") policy

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: Director
• Education Level: No Education Listed