Royal Bank of Canada
Job title:
Manager, Statutory Transfer Pricing
Company
Royal Bank of Canada
Job description
Job SummaryJob DescriptionWhat is the opportunity?The STP Manager will be part of RBC’s STP Centre of Excellence (COE) assisting in the effort to ensure that RBC satisfies all global STP and related tax requirements consistently and comprehensively. Assist with the implementation of business specific, enterprise wide, Statutory Transfer Pricing (STP) policies, practices and processes and certain Policy Management & Compliance efforts based on RBC’s Statutory Transfer Pricing (STP) Policies. Transition the current intergroup allocation models from excel based to the Oracle technology solution.What will you do?Prepare analysis, calculations and entries for specific Statutory Transfer Pricing (STP) transactions (including allocations) on a monthly, quarterly and annual basis.Oversee the processing of transfer pricing entries and allocations on a monthly, quarterly and annual basis and confirm that the same have been processed globally using the correct transits and GL accounts.Prepare the monthly tracking spreadsheet reconciliation of transfer pricing entries. The tracking spreadsheet is used by STP Implementation and Financial Controllers to track the month end entries booking process.Prepare settlement process for specific Legal Entities and STP transactions on a monthly, quarterly, and annual basis.Prepare financial analyses for business reviews.Prepare In-depth reviews of entries and variance analyses to understand the impact on business lines and legal entities.Assist in the identification and remediation of potential transfer pricing transaction gaps and the creation of new transfer pricing transactions.Transition transactions from excel based models into the Oracle technology solution.Ensure that the process is well documented and suggest key improvements to make it more efficient and accurate.What do you need to succeed?Must-haveWork experience: minimum 3-5 years of post-qualification experience preferably with experience in the financial services industry.Accounting designation (CA, CPA, etc), MBA or equivalent education.Proficient in MS ExcelTechnologically savvy, adept with new tools (i.e. Oracle, Posting Expres)Basic knowledge of international corporate taxation.Team player able to work as part of a global team headquartered is in CanadaExceptional verbal and written communication skills.Nice-to-haveWorking knowledge of financial and managerial accounting systems within RBC would be an asset.Ideally, will have worked in a big 4 accounting firm in the financial services industry and/or at RBC.Experience with Oracle technologyProgramming knowledge (VBA, SQL, Tableau, etc.)What’s in it for you?We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicableLeaders who support your development through coaching and managing opportunitiesAbility to make a difference and lasting impactWork in a dynamic, collaborative, progressive, and high-performing teamFlexible work/life balance optionsOpportunities to do challenging workOpportunities to take on progressively greater accountabilitiesOpportunities to building close relationships with clients#LI-Hybrid#LI-POSTJob Skills Accounting, Accounting Finance, Accounting Standards, Business, Corporate Accounting, Decision Making, Financial Analysis, Financial Planning and Analysis (FP&A), Group Problem Solving, Long Term Planning, Oracle, Organizational Savvy and Politics, Project Management, Reconciliations, Strategic Thinking, Time Management, Transfer PricingAdditional Job DetailsAddress: 180 WELLINGTON ST W:TORONTOCity: TORONTOCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: Technology and OperationsJob Type: RegularPay Type: SalariedPosted Date: 2024-03-22Application Deadline: 2024-04-19Inclusion 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
Sat, 23 Mar 2024 23:11:23 GMT
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