financial officer

Work Location:Toronto, Ontario, CanadaHours:37.5Line of Business:TD WealthPay Details:$52,700 - $74,400 CADTD 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:OverviewTD Wealth Operations, part of Wealth National Office, is the operational engine of TD Wealth. Supporting all TD Wealth distribution channels, TD Mutual Funds, TD Asset Management, and TD Securities, our goal is to be recognized as an industry leader in Operational Excellence, delivering legendary partner and client experiences, enhancing productivity, and effectively managing risk and controls.As a Tax Reconciliation Officer in Wealth Operations, your primary responsibility is to ensure accurate and timely reconciliation of financial transactions and records related to various CRA/MRQ/IRS tax reporting accounts. You will play a crucial role in identifying and resolving discrepancies, verifying data integrity, and supporting the overall operational efficiency of wealth management operations.Reconciliation function covers:Data ingestion into recon process, including cleansing and transformation to create standardized reconcilable valuesReconciliation ? data comparisonResearch ? Identifying exception owners and reasonsThe breaks identified are made available to the owners responsible for RemediationFollow up and escalation of unresolved reconciliation discrepancies and aged outstanding items to ensure timely resolution and minimize potential risksKey Responsibilities:Reconciliation: Perform daily, weekly, and monthly reconciliations of financial transactions, including cash, securities, and other investment products, between various internal systems and external counterparties.Data Verification: Validate and analyze transactional data to ensure accuracy, consistency, and adherence to regulatory and compliance requirements.Discrepancy Resolution: Investigate and resolve discrepancies or variances identified during the reconciliation process, collaborating with internal teams, custodians, and other stakeholders as necessary.Exception Handling: Identify and escalate any exceptions, errors, or operational issues to the appropriate teams or management for further investigation and resolution.Reporting: Prepare and generate accurate reconciliation reports and management information, highlighting key findings, trends, and potential risks.Process Improvement: Proactively identify areas for process improvement and automation to enhance operational efficiency, reduce risks, and streamline reconciliation procedures.Documentation and Compliance: Maintain comprehensive documentation of reconciliation processes, procedures, and controls, ensuring compliance with regulatory guidelines and internal policies.Collaboration: Work closely with various teams, to facilitate seamless workflow and enhance overall operational effectiveness.Communication: Provide process partners with clear, concise and timely communications, to ensure that all issues are well understood and appropriately actioned to foster speedy resolution of outstanding breaksRisk Management: Identify and assess potential risks associated with reconciliation activities, implement appropriate controls, and contribute to risk mitigation strategies.Professional Development: Stay updated with industry trends, best practices, and regulatory changes related to wea