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Head of U.S. Accounting Policy and Financial Reporting (US)

TD Bank

Charlotte North CarolinaStaff
Sign in to applyVerified 1h ago
Location
Charlotte North Carolina
Work model
On-Site
Level
Staff
Posted
1d ago

About this role

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.

Job Description

This role oversees a cross-functional team that is responsible for setting accounting policies under U.S. GAAP and producing financial reports for numerous legal entities and segment reporting purposes.  This role will also monitor the Bank's compliance with the asset cap provision. Collaborates across Risk, TBSM, Corp Dev, Business leaders, Chief Accountants, and other critical areas to ensure accurate and complete financial reporting, including reporting on the Bank's asset position and proactively recommending adjustments to executions strategies to ensure the Bank remains compliant with the asset cap provision.  Liaises with the regulatory affairs team to provide updates to the regulators.  This role is also responsible for Accounting Policy & Advisory supporting U.S. businesses providing accounting advisory services to assist with the application of accounting policies as well as proactive Advisory on new and/or complex transactions including Corporate Development transactions. Depth & Scope: Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required Implements and manages processes, facilitates efficient data collection for financial reporting purposes, including reporting on asset positions Maintains accurate and up-to-date records of data/information used in reporting Identifies and implements opportunities for process improvements in financial reporting to reduce risk and create efficiencies Reports on asset positions, profitability, RWA and capital to various Management and Board committees  Collaborates across Enterprise and U.S. Treasury, Corp Dev, U.S. Region Wholesale, business leaders and other critical areas to ensure accurate and complete financial reporting, including on the Combined Banks asset position Identifies and assesses potential risks associated with asset optimization actions Manages and oversees various governance practices including effective challenge, execution and documentation around the asset cap Convenes governance (sub) committees as necessary to resolve escalated issues that require team owner input or executive action Develops and implements training program for staff involved in financial reporting, including reporting on the asset cap provision, Lines of Business and Board Manages Governance processes and review adherence to asset cap provision, including challenge process Builds and sustains effective relationships with U.S. regulators Works closely with Risk & Control partners to ensure compliance with internal and regulatory expectations Provides accounting advisory services to assist various segments with the application of accounting policies as well as proactive advisory on new and/or complex transactions including Corporate Development transactions Responsible for the legal entity financial statements produced in the U.S. Region under U.S. GAAP and the segment financial results prepared under IFRS. Reviews financial statement disclosures for

Head of U.S. Accounting Policy and Financial Reporting (US) at TD Bank — Charlotte North Carolina | Yoinka