Royal Bank of Canada
Job title:
Manager, Financial & Regulatory Reporting
Company
Royal Bank of Canada
Job description
Job Summary
Job Description
What 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 you need to succeed?
Must Have
- 2+ years’ of experience in financial accounting or financial reporting role, preferably in the financial services or professional accounting services industries
- Ability to critically think and challenge financial data when inconsistent or illogical through data analysis
- 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 independently propose solutions to problems and, leveraging business and strategic insights, recommend a course of action, in spite of incomplete information and complexity
- Ability to manage timelines and project progress through both personal accountability and through coordinating and negotiating with stakeholders
- Desire to challenge the status quo and make bold changes particularly with respect to streamline processes, increasing efficiency and furthering execution excellence
Nice to Have
- Professional Accounting or Finance Designation (e.g. Chartered Professional Accountant, etc.)
Job Skills Audits Compliance, Critical Thinking, Detail-Oriented, Financial Analysis and Reporting, Industry Knowledge, Internal Controls, Knowledge Organization
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: 2024-01-04
Application Deadline: 2024-01-20
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
Fri, 05 Jan 2024 23:08:39 GMT
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