Senior Financial Analyst, Share Based Compensation & Variable Compensation

Royal Bank of Canada

Job title:

Senior Financial Analyst, Share Based Compensation & Variable Compensation

Company

Royal Bank of Canada

Job description

Job SummaryJob DescriptionWhat is the opportunity?As a representative of Head Office Finance, the Senior Financial Analyst provides governance over Share Based Compensation accounting and reporting ensuring appropriate controls and processes are in place. This role also ensures compliance with various regulatory reporting requirements related to the reporting of Shared Based Compensation in RBC Annual Reports/Proxy and other related disclosures.What you will do?

  • Prepare monthly files for CM Variable compensation US & Canadian Legal entities and Shared based compensation awards, posting of monthly journal entries; prepare monthly SOD binder, PEGA attestation
  • Perform annual variable compensation payment reconciliation process through dealings with HR and Financial Control
  • Coordinate with Executive Human Resources on grant files and payout files for share based compensation awards
  • Liaise with Tax team for preparation of yearly tax schedules
  • Analyze, investigate and document variances analyses. Work with Manager/Senior Manager to address reporting matters and requests on data analysis
  • Communicate and provide guidance to Business Units on variance analysis on shared based compensation and benefits expenses
  • Liaise with internal auditors on queries related to questions on variable compensation, share based compensation and benefits
  • Maintain proper documentation of entries posted and support for PEGA attestation
  • Centralized the booking of CM VC for US and Canadian legal entities

Must-have

  • BA/BSc with 3+ years’ experience
  • Strong verbal and written communication skills
  • Ability to work independently and also in teamwork, with a creative mindset to develop and analyze alternative solutions and make recommendations
  • With a “can-do” attitude and ability to manage numerous priorities simultaneously
  • Detail oriented, good organizational and time management skills
  • Strong PC skills, including Excel and Word, and high degree of numerical literacy

Nice-to-have

  • Knowledge of RBC Financial Group various reporting processes and systems
  • CA/CMA/CGA

Job Skills Accounting, Business Mathematics, Decision Making, Detail-Oriented, Expenses, Finance, Financial Analysis and Reporting, Financial Controlling, Financial Planning and Analysis (FP&A), Group Problem Solving, Oral Communications, Results-Oriented, TeamworkAdditional Job DetailsAddress: RBC CENTRE, 155 WELLINGTON ST W:TORONTOCity: TORONTOCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: OFFICE OF THE CFOJob Type: RegularPay Type: SalariedPosted Date: 2024-08-27Application Deadline: 2024-09-11Inclusion 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

Thu, 29 Aug 2024 03:28:03 GMT

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