Manager, Corporate Support Financial Control

Royal Bank of Canada

Job title:

Manager, Corporate Support Financial Control

Company

Royal Bank of Canada

Job description

Job Summary

Job Description

What is the opportunity?

This is a challenging key role within the Corporate Support Finance, Financial Control team. You will be a leading part of the team that ensures that appropriate controls and processes are in place to support the accuracy and completeness of the Corporate Support balance sheet and income statement, and provide accounting interpretation, guidance and advice on transactions as they arise.

What you will do?

  • Ensuring the provision of accurate and complete financial and regulatory reporting for a subset of groups within Corporate Support.
  • Reviewing reconciliations and standards of documentation packages to assess the sufficiency of source documentation and controls substantiating the month end balances and ensuring the month end General Ledger Attestations are completed accurately, and investigating any breaks.
  • Coordinating with various groups to ensure accurate external reporting, including MD&A, B/S, P&L, Note disclosures, regulatory reporting & supplemental formats.
  • Perform review of the month-end reports and prepare journal entries as required
  • Reviewing accounting policy issues and liaising with Accounting Policy Group to determine appropriate accounting treatments. Maintain technical accounting knowledge (e.g. IAS 38 Intangible assets; IAS 37 Provisions & Contingencies )and keep abreast of new accounting developments in order to provide accounting interpretation, guidance and advice in a variety of situations. Ensuring global financial control policies are in place and adhered to, including SOX & End User Control compliance.
  • Maintaining a strong control environment by proactively identifying control weaknesses and make recommendations to resolve. Implement new controls where possible.
  • Reviewing systems processes for capitalization and allocation of internally developed software costs
  • Lead special projects as assigned by Director, Financial Control.

What do you need to succeed?

Must-have

  • Accounting designation (CPA preferred)
  • 2+ years of professional experience, preferably in the Financial Services Industry
  • Demonstrated experience interpreting an applying accounting standards in complex transactions
  • Experience identifying and resolving control issues
  • Team player with strong communication skills
  • Strong management capabilities
  • Ability to work independently and to multi-task
  • Strong Excel and PowerPoint skills

Job Skills Accounting, Accounting Finance, Decision Making, Financial Planning and Analysis (FP&A), Long Term Planning, Organizational Savvy and Politics, Problem Solving, Project Management, Strategic Thinking, Time Management

Additional Job Details

Address: 20 KING ST W:TORONTO

City: TORONTO

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: Office of the CFO

Job Type: Regular

Pay Type: Salaried

Posted Date: 2024-02-15

Application Deadline: 2024-03-02

Inclusion and Equal Opportunity Employment

At 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.

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Expected salary

Location

Toronto, ON

Job date

Sat, 17 Feb 2024 06:06:02 GMT

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Job Location