Senior Manager, Financial Controls

Job title:

Senior Manager, Financial Controls

Company

Royal Bank of Canada

Job description

Job SummaryJob DescriptionWhat is the opportunity?An exciting opportunity within RBC Insurance Finance, where you will ensure the GL Attestation monthly process and other control activities are completed with a high degree of accuracy and meeting all requirements. Ownership of the relationship of the service provider and advancement of new technology solutions are also a key function of this role.What you will do?

• Establishing a centre of expertise for GL attestation in Insurance, including controls and governance.
• Oversee the monthly GL Attestation process for Insurance. Including review and approval of reconciliation, monthly attestation analysis as well as running the Attestation Council.
• Ensure accurate and timely preparation of required GL Attestation reporting, including aging templates and other controls and governance responsibilities.
• Maintain the monthly review process for 2nd level reviews.
• Review SOD reporting process and recommend/drive process improvements.
• Maintain the reconciliation control process maps (BRAG analysis) for any changes in the process, product, and system including understanding the processes identify reconciliation process issues and report them in the quarterly BRAG package.
• Own and manage the service agreement between Insurance Finance and FSS ensuring all deliverable are met including, timelines, quality and reporting.
• Drive collaboration between Finance, FSS and Insurance business SME’s with regards to attestation processes.
• Lead cross functional teams to address attestation issues.
• Lead cross functional teams to develop GL attestation requirements for new initiatives.
• Ensure a strong financial control environment exists across Insurance Finance and with the business as appropriate.
• Assessing financial risk and establish proper infrastructure & processes to ensure financial results are reported completely and accurately and risks are adequately managed.
• Support many financial control functions such as end user computing controls, operational risk management, ad hoc reporting, and process investigations.
• Drive process improvements as required, including ensuring source systems meet all finance requirements. Ensure continued focus on automation.
• Support various audit engagements to ensure successful audit completion

What do you need to succeed?Must-have

• CPA (CA) designation. This mandate is highly dependent on using analytical and financial reporting skills commonly associated with accounting designations.
• Knowledge of Insurance products/operations, familiar with insurance accounting, together with a willingness and interest in developing that knowledge.
• Highly developed communication and interpersonal skills
• Strong financial, analytical, judgmental and conceptual skills.
• Excellent presentation and report writing skills.
• Strong team building skills and work ethics.

Nice-to-have

• Strong knowledge of the RBC financial systems.
• IFRS17 experience
• Process automation or tableau experience

Job Skills Accounting, Accounting Finance, Decision Making, Financial Planning and Analysis (FP&A), Long Term Planning, Oral Communications, Organizational Savvy and Politics, Strategic Thinking, Team Management, Time ManagementAdditional Job DetailsAddress: MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGACity: MISSISSAUGACountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: OFFICE OF THE CFOJob Type: RegularPay Type: SalariedPosted Date: 2025-01-29Application Deadline: 2025-02-13Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveInclusion 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

Mississauga, ON

Job date

Fri, 31 Jan 2025 05:00:31 GMT

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