Manager, Financial and Regulatory Reporting

Job title:

Manager, Financial and Regulatory Reporting

Company

Royal Bank of Canada

Job description

Job SummaryJob DescriptionWhat is the opportunity?The Manager, Financial & Regulatory Reporting will support the Financial & Regulatory Reporting Management team in providing accurate and timely financial information to the bank’s shareholders and regulators, implementing process changes to drive efficiency or meet changing external requirement, and maintaining an exceptional control environment.What you will do?

• Coordinate, prepare, and reconcile financial statement disclosures, board materials and/or regulatory returns at the RBC Consolidated or legal entity level in accordance with timelines for monthly, quarterly and year end deliverables.
• Prepare and review journal entries, proof of balance, and reconciliations for review by team members or manager in support of monthly and quarterly close processes.
• Gather and consolidate financial information and conduct complex data analysis with large datasets working to identify patterns, trends or insights.
• Analyze reports and related data for completeness, accuracy, consistency with other reported financial information, and data quality issues.
• Prepare and maintain process documentation, accounting guidance, and operational guidance for assigned financial disclosures and regulatory returns.
• Investigate queries and resolve issues on behalf of internal and external stakeholders with respect to financial disclosures and regulatory returns
• Active participant in cross-training with other team-members to ensure team resilience and business continuity planning.
• Strong ability to identify, propose, implement, and test reporting solutions for new financial and regulatory reporting initiatives/projects through interpreting requirements, and working with subject matter experts such as Accounting Policy Group, Platform Financial Controllers, Product Controllers, and Finance IT.
• Manage or coordinate legal entity regulatory, internal or external audits.

What do you need to succeed?Must-have

• 4+ years of experience in financial accounting or financial reporting role, preferably in the financial services or professional accounting services industries
• Ability to make complex subject matter easy-to-follow though strong written and oral-communication skills
• Ability to manage and analyze large data sets using advanced Excel functions
• Ability to critically think and challenge financial data when inconsistent or illogical through analysis
• Ability to independently propose solutions to problems and, leveraging business and strategic insights, recommend a course of action, in spite of incomplete information and complexity

Nice-to-have

• Professional Accounting or Finance Designation (e.g. Chartered Professional Accountant, etc.)

Job Skills Accounting Journal Entries, Critical Thinking, Detail-Oriented, Financial Analysis and Reporting, Financial Disclosures, Financial Regulatory Reporting, Financial Statements, Internal Controls, ReconciliationsAdditional Job DetailsAddress: 20 KING ST W:TORONTOCity: TORONTOCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: Office of the CFOJob Type: RegularPay Type: SalariedPosted Date: 2024-07-12Application Deadline: 2024-08-31Inclusion 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

Sun, 14 Jul 2024 00:45:20 GMT

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