Project Manager II

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Enterprise Enabling Functions

Pay Details:

$96,900 - $136,800 CAD

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:

The Project Manager is responsible for the financial governance, forecasting, and portfolio financial management activities across a product family or portfolio of initiatives. The role acts as the primary liaison between Delivery Leads, Product Owners, Finance, Procurement, and Vendor Management to ensure accurate financial planning, reporting, accrual management, and invoice governance.

The PM provides oversight of portfolio financial health, ensuring forecasts, actuals, commitments, and funding are accurately reflected and aligned to strategic objectives. The role is accountable for maintaining financial controls, supporting regulatory and governance requirements, and providing financial transparency to leadership. This aligns with internal guidance that places responsibility for overall project financial management, forecasting, reconciliation, and financial reporting within the PMO function.

Breadth & Depth

• Manages financial governance activities across a portfolio or product family consisting of multiple initiatives, projects, work packages, and vendor engagements.
• Partners with Finance, Procurement, Vendor Management, and Delivery teams to ensure accurate financial controls and compliance.
• Provides financial analysis and recommendations to Product, Technology, and Senior Leadership teams.
• Ensures portfolio forecasts are maintained and reflect current funding requirements, approved business cases, and estimated costs at completion (EAC).
• Supports month-end and year-end financial processes including accrual preparation, invoice tracking, financial variance analysis, and forecast updates.
• May support multiple products, value streams, or portfolios simultaneously.
• Operates with limited oversight and is recognized as the financial management subject matter expert for the supported portfolio.

KEY ACCOUNTABILITIES

Financial Planning & Forecasting

• Own and maintain portfolio financial forecasts, funding plans, and estimated cost at completion (EAC).
• Ensure financial forecasts accurately reflect resource demand, vendor commitments, contractual obligations, and planned delivery activities.
• Perform monthly forecast reviews and variance analysis against approved funding and actual spend.
• Identify financial risks and opportunities and provide recommendations to leadership teams.
• Maintain financial planning data within approved financial management tools and systems.

Accrual & Month-End Management

• Lead monthly accrual processes across the portfolio, ensuring costs are recognized in the appropriate accounting period.
• Validate vendor commitments, work completed, and outstanding invoices to determine accrual requirements.
• Coordinate month-end financial reviews with Delivery Leads, Finance, and vendors.
• Monitor and manage accrual reversals, re-accruals, and financial adjustments as required.
• Ensure compliance with Finance policies, controls, and reporting timelines.

Vendor Financial Management

• Provide consultation and oversight for vendor invoicing, purchase orders, statements of work (SOWs), and contractual billing terms.
• Track vendor spend against approved contracts and committed funding.
• Validate invoices prior to processing and ensure alignment with contractual obligations and approved budgets.
• Partner with Procurement and Accounts Payable to resolve invoice and payment issues.
• Monitor vendor financial performance and identify cost optimization opportunities.

Financial Controls & Governance

• Perform reconciliation between project financial systems, portfolio reports, and finance records.
• Ensure financial data quality, completeness, and control compliance across the portfolio.
• Establish and maintain financial operating procedures, controls, and governance reporting.
• Support audits, governance reviews, and management reporting requirements.
• Maintain evidence supporting financial decisions, approvals, and reporting. [

Reporting & Executive Insight

• Produce monthly portfolio financial dashboards and executive reporting packs.
• Provide analysis on:
  • Forecast vs Actuals
  • Budget Utilization
  • Vendor Spend
  • Accrual Position
  • Funding Consumption
  • Financial Risks and Variances
• Present financial insights and recommendations to senior stakeholders.
• Support annual planning, quarterly forecasting, and investment governance processes.

Who We Are:

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we strive to make every interaction, product, and experience remarkably human and refreshingly simple for over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. 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 a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. 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.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

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
Your accessibility is important to us. Please let us know if you’d like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.

We look forward to hearing from you!

Language Requirement (Quebec only):

Sans Objet