Intermediate Tax Analyst II (US)

Work Location:

New York, New York, United States of America

Hours:

40

Line of Business:

Finance

Pay Detail:

$110,000 - $125,000 USD

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:

Position:                                               Intermediate Tax Analyst II (Level 8)

Specific business/product groups:          US Tax

Reports to:                                            Tax Manager

Position Summary

The Intermediate Tax Analyst II reports directly to the Tax Manager within the Retail Tax Accounting and Compliance group. The analyst will be responsible for all duties related to the preparation and filing of U.S. federal compliance and monthly reporting, assist with tax research projects, support the department in developing and implementing process improvements, and carry out other duties as assigned by the supervisor.

Key Responsibilities:

• Assist in the tax accounting function, including monthly, quarterly, and annual income tax provisions

• Ensure timely and accurate completion of federal tax returns and estimates

• Assist with the preparation of tax footnotes for standalone financial statements

• Prepare permanent and deferred Tax workpapers

• Support the execution of changes resulting from tax planning initiatives

• Contribute to the development and delivery of operational or tax-related projects, as well as special initiatives

• Provide advice and guidance to tax management, business partners and relevant stakeholders on various tax matters

• Help shape the strategic direction of the Tax Function by staying informed on emerging issues, industry trends, and relevant accounting developments

Qualifications:

• Strong analytical skills

• Excellent oral, written, and interpersonal communication skills

• Ability to work effectively as a team player

• Ability to work under pressure, meet deadlines and pay attention to detail

• Capacity to pursue complex projects through to final resolution

• Ability to establish priorities, work independently, and achieve objectives with minimal supervision

• Knowledge of OneSource compliance and OneSource Provision software

• Demonstrate advanced proficiency in computer applications, including Microsoft Excel and Alteryx

Education/Experience:

• Bachelor’s degree in accounting

• Minimum of 2 years related experience

• CPA, MS, or MBA is preferred but not mandatory

Job Location/Compensation:

• New York, NY

• Compensation based on experience and ability of new hire

___________________________________________________________

The Intermediate Tax Analyst II for ensuring that TD Securities US Taxation is managed as efficiently and effectively as possible. This position will report to the Director of Tax and will be required to interact with various internal and external groups.

Depth & Scope:

• Provides business / financial analysis and/or general Tax / accounting or related operational support as assigned

• Identifies and investigates non-standard Tax accounting and/or operational / reporting issues

• Provides recommendations or escalates issues to appropriate area

• Conducts regular financial analysis / reporting to support business partner, functional Tax areas or centers of expertise

• Moderate level of complexity in analysis / reporting or operational function requiring a short to medium term focus

• Operates as a working lead on finance initiatives as assigned

• Experienced level of the role with general business or specialized Tax, accounting or operational knowledge or related skills required

• Assists in the development and implementation of new financial models, methodologies, frameworks and paradigms to support on-going business unit reporting and analysis functions

• Contributes to the strategic direction of the Tax function by keeping current on emerging issues, industry trends and/or relevant accounting changes to support own unit or function

• Ensures efficient and accurate Tax operational processes in place that meet all client needs and/or established guidelines as applicable

• Adheres to internal policies / procedures and applicable regulatory guidelines and contribute to the review of internal processes and activities and assist in identifying potential opportunities to improve operational efficiencies

• Assists in the development of systems and processes supporting daily operations, which may include production of reports, general ledger items, fixed asset analysis, accounts receivables/payables and/or costing functions etc.

• Contributes to the development and delivery of operational / Tax projects or special initiatives for own area and monitor or track key items

• Follows up on outstanding processing entries, reconciliation items or other tracking issues to ensure proper resolution and to minimize errors

• Contribute to process mapping activities including designing process improvements, issue resolution, special projects and production of relevant reports

• Conducts regular, ongoing analysis, evaluation and review of business performance and initiatives against established reference points (e.g. plan, prior year, business cases) as directed

• Provides advice and guidance to Tax Management and/or business partners and appropriate stakeholders on a range of Tax accounting / reporting or operational processes

• Coordinates and/or consolidates financial information needs / requests among various parties (e.g. business Tax Teams, other stakeholders, eternal parties / regulators / auditors and/or centralized Tax units e.g. Chief Accountant, Enterprise Decision Support, Finance Shared Services, Investor Relations and Taxation etc.,)

• Develops and maintains solid and effective working relationships with Business Unit management, Tax partners and other stakeholders by providing value added analysis, guidance and/or operational Tax support

• Acts as a key resource to the business or functional unit by providing relevant and meaningful financial information / data / guidance on specialized procedures and/or issues (e.g. tax, accounting principles, reconciliation / reporting / financial controls / Tax processes etc.)

• Identifies variances and contribute to the analysis, due diligence and execution and/or implementation of potential initiatives, acquisitions and/or business re-structures within defined area of responsibility

• Contributes or leads Tax related operational activities (e.g. report production, system queries, process mapping, specialized tracking, analysis and transactional procedural support) as assigned

Education & Experience:

• Bachelor degree in Business/Accounting/Financial Management (accounting designation is preferred but not required)

• 3+ years related experience

• Requires working knowledge of the Tax function and the key business areas supported

• Must be knowledgeable of established benchmarks and/or best practices for own area

• Must be detail oriented and possess problem-solving skills.  Must be able to work independently with minimal supervision and establish priorities

• Proficient in interpersonal communication (both oral and written), and have the ability to communicate effectively with all levels of staff and management

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 strive to make every interaction, product and experience remarkably human and refreshingly simple.  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. 

Together, we are reimagining what banking can be for our clients, colleagues and communities. 

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. 

If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.  

We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.
 

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

TD Bank is an equal opportunity employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law.

If you are an applicant with a disability and need accommodations to complete the application process, please email 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 applicant process.