Analyst, Cost Management

Work Location

New York, New York, United States of America

40

TD Securities

$100,000 - $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  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.

Analyst – Cost Manager is a key member of the TDS US Finance Team. The role is a newly created role focused on cost management to support profitability, efficiency, and long‑term growth.

• Support US business performance targets and be responsible for partnering on financial planning & forecasting, reporting, and Plan as it relates to Cost (expense) lines in the chart of accounting.
• Provide analytics to drive segment discussions including TDS Senior Executive Team (SET) presentation materials as well as external/public storytelling of the Segment.
• Monthly Board Reporting for the US Region relating to details on expense analytics and commentary.
• Coordination with partners to ensure proper analysis, challenge, and oversight of regional reporting.
• Analysis of booking models & impacts on business line reporting.
• Business advisory and ad‑hoc support.
• Proactively identify cost opportunities, analyze data on material components of spend and provide constructive options to find efficiencies and savings enabling business decisions and management actions.
• Telling the financial cost story, linking the strategic priorities and accomplishments of the group while providing value‑added advice to gain financial efficiencies while optimising group effectiveness.

Performance measurement, reporting, and metrics to improve transparency and establish cost management strategies (targets). Clear, effective, and timely reporting.

• Provide input into the budgeting and forecasting process to ensure cost assumptions are accurate and realistic.
• Monitor actual vs forecasted costs and flag variances.
• Function as the cost management expert and lead on Finance change projects to improve systems, processes and outputs that relate to cost management.
• Manage the Performance Measurements, and Insights organization (people, expenses, other stakeholders including internal and external partners (e.g., regulators, auditors)).
• Analyze financial data and prepare reports on cost variances, identifying areas for improvement and recommending corrective actions.
• Provide training and support to staff on cost control procedures and best practices.
• Monitor and report on market trends and pricing strategies to help guide decisions.
• Collaborate with cross‑functional teams to achieve targets while managing costs effectively.

• Bachelor's degree.
• Excellent oral and written communication skills.
• 10+ years of Finance experience at a global financial institution.
• Excellent interpersonal, organizational, and leadership skills.
• Client service skills – the candidate must demonstrate the judgment and ability to closely partner with and advise senior and line managers and other stakeholders on cost management.
• Strong analytical skills, attention to detail, solid judgment, and the ability to evaluate complex regulatory business issues.
• Advanced project management skills and ability to manage multiple work streams involving different partners and groups, with limited oversight and direction.
• Ability to thrive in a fast‑paced, deadline‑driven environment, including by demonstrating excellent time management and planning skills, along with the ability to handle multiple assignments at the same time.
• Ability to interact effectively with all levels of the organization and to collaborate…