Lily Zhao, Cpa
About Lily Zhao, Cpa
Lily Zhao is a Senior Financial Analyst with extensive experience in financial analysis and reporting. She has been with TD Insurance since 2020 and previously worked at TD Securities and International Financial Data Services.
Work at TD Insurance
Lily Zhao serves as a Senior Financial Analyst at TD Insurance, focusing on general insurance. She has held this position since 2020, contributing to various financial analyses and reporting tasks. In her role, she prepares capital forecasts for insurance assets on a quarterly basis and monitors treasury activities, including cash forecasts on a monthly basis. Additionally, she presents quarterly financial results and variance analyses directly to the CFO, ensuring that financial data is accurately communicated to senior management.
Previous Experience at TD Securities
Before her current role, Lily Zhao worked at TD Securities as a Financial Analyst for a period of six months in 2018 and 2019. During her time there, she gained valuable experience in financial analysis within the securities sector. This role contributed to her understanding of financial markets and enhanced her analytical skills, which she has since applied in her current position at TD Insurance.
Education and Expertise
Lily Zhao achieved her Chartered Professional Accountant (CPA) designation in 2014 after studying at CPA Canada. She also holds a Bachelor of Commerce (BCom) degree from the University of Toronto, where she studied from 2009 to 2013. Her education provided her with a strong foundation in accounting and finance, which she has utilized throughout her career in various financial roles.
Background in Financial Services
Prior to her current position, Lily Zhao worked at International Financial Data Services (IFDS) as a Technical Specialist and Team Lead from 2013 to 2018. In this capacity, she developed her leadership skills and gained experience in technical aspects of financial services. Her background in financial analysis and team leadership has equipped her with the skills necessary to excel in her current role at TD Insurance.
Financial Analysis and Reporting Skills
In her role as a Senior Financial Analyst, Lily Zhao is responsible for preparing and assessing annual dividend recommendations, ensuring they align with treasury and regulatory requirements. She calculates Minimum Capital Test ratios monthly to maintain regulatory compliance and prepares bank reporting schedules for TD Bank Group on a quarterly basis. Additionally, she analyzes the impact of new project initiatives on business performance, contributing to process improvements and new product launches.