Royal Bank of Canada
Job title:
Manager, Legal Entity Financial Controls
Company
Royal Bank of Canada
Job description
Job SummaryJob DescriptionWhat is the opportunity?The Manager of Legal Entity Financial Controls is entitled to control over legal entities managed by (LEFC) and supports the Senior Manager, Legal Entity Financial Controls. The Manager provides valued financial control and reporting advice to internal partners and ensuring compliance with statutory and regulatory reporting for subsidiary companies.What you will do?
- Assist with the preparation and analysis of financial statements of the assigned legal entities, ensure they are completed in an accurate and timely manner. This includes quarterly board packages and interim and year end audited financial statements with notes and analysis. Includes financial statements for Wealth Management and Personal & Commercial Banking entities.
- Preparation of monthly journal entries for the assigned legal entities
- Where appropriate manage day to day activities associated with the subsidiary i.e. cash management and investing.
- Identify various accounting issues and make recommendations
- Reconcile/explain differences between management and Statutory/GAAP reporting of the assigned legal entities.
- Assist with the interim and year end audits
- Identify Key IFRS changes and implement accordingly.
- Execute upon financial controls Participate in projects and identify opportunities to streamline and automate manual processes
- Provide guidance and support to business units on reporting issues.
What you need to succeed?Must Have
- Strong accounting skills (CPA or equivalent) required to be able to understand the complex accounting and reporting issue
- 2+ years of financial industry experience
- Strong analytical, oral/written communication skills
- Teamwork and Collaboration skills.
- Attention to details and motivated
- Ability to multi-task due to various demands for information and tight deadlines
Job Skills Audits Compliance, Critical Thinking, Detail-Oriented, Financial Analysis and Reporting, Industry Knowledge, Internal Controls, Knowledge OrganizationAdditional 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: 2024-05-10Application Deadline: 2024-05-25Inclusion 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, 12 May 2024 06:55:46 GMT
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