Senior Manager, Wealth Management Financial Control

Job title:

Senior Manager, Wealth Management Financial Control

Company

Royal Bank of Canada

Job description

Job SummaryJob DescriptionWhat is the Opportunity?For forward-thinking and results-focused leaders, this is an opportunity to join the Financial Control team of Canada’s largest company, frequently ranked as one of the top companies to work for in Canada. RBC is internationally recognized for its commitment to innovation, diversity, customer satisfaction and corporate social responsibility. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.As part of the Wealth Management Financial Control team you will be part of a collaborative team culture that strives to challenge ourselves to be our best, think progressively to keep growing, and work together to deliver collective results.The Senior Manager, WM Financial Control will be responsible for managing the Financial Control responsibilities for the RBC Global Asset Management (‘GAM’) and RBC Indigo Asset Management Inc. (‘Indigo’) business with the objective of delivering timely, accurate and reliable financial information, supporting Quarterly SOX certification by Global Controller and CFO as well as Finance implementation projects to automate and improve financial reporting systems, controls and processes. This position reports to the Senior Director, WM Financial Controls & Governance.What will you do?

• Responsible for accurate and complete Financial and Regulatory reporting for the GAM and Indigo businesses under RBC WM. Manage overall fee calculations/accruals and cash settlements/reconciliations process. Manage and redesign monthly P&L close processes to ensure robust control environment.
• Review of line of business monthly financial results and variances. Provide meaningful analysis of financial results to ensure accurate external reporting and regulatory reporting. Create key controls and processes around booking of key NIE lines including bonus, fund admin expenses and technology /fixed asset spend.
• Ensure adherence to global policies and procedures to ensure consistency and adequacy of balance sheet reconciliations and attestations.
• Proactively identify opportunities to leverage best practices across the regions; simplify or improve the design and execution of existing controls; and improve the sharing of business and financial information across the organization.
• Identify, propose, and implement, solutions on ongoing issues by working with subject matter experts such as Platform Financial Controllers, Head Office Finance teams and business stakeholders.
• Drive change and add value through continually evolving current processes and analysis, considering changing business needs and reporting requirements.
• Lead and develop a team by providing proper coaching, clear direction and expectations.

What do you need to succeed?Must-have

• CPA designation and/or Accounting designation
• 5+ years of experience in Financial/management reporting
• Excellent leadership, communication, and interpersonal skills – ability to work with people at all levels within the organization
• Strong analytical skills with the ability to interpret and concisely summarize complex issues, take issues through to successful resolution
• Strong knowledge and understanding of financial reporting under IFRS accounting standards and internal controls over financial reporting
• Highly motivated, collaborative, and self-starter attitude
• Ability to manage numerous priorities simultaneously amidst tight deadlines

Nice to have

• Financial Services industry experience with knowledge of the asset management industry
• PeopleSoft and EPM (IBM TM1) experience
• Knowledge of RBC legal entity/management structure an asset

Job Skills Accounting, Accounting Finance, Balance Sheets, Decision Making, External Reporting, Finance, Financial Controlling, Financial Management, Financial Planning and Analysis (FP&A), Financial Reporting and Analysis, Long Term Planning, Oral Communications, Organizational Savvy and Politics, People Management, Reporting Systems, Strategic Thinking, Team Management, Time ManagementAdditional Job DetailsAddress: RBC CENTRE, 155 WELLINGTON ST W:TORONTOCity: TORONTOCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: OFFICE OF THE CFOJob Type: RegularPay Type: SalariedPosted Date: 2024-09-10Application Deadline: 2024-09-27Inclusion and Equal Opportunity EmploymentAt RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.Join our Talent CommunityStay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at .

Expected salary

Location

Toronto, ON

Job date

Fri, 13 Sep 2024 05:42:08 GMT

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