Senior Manager, Wealth Management Financial Controls & Governance

Job title:

Senior Manager, Wealth Management Financial Controls & Governance

Company

Royal Bank of Canada

Job description

Job Summary

Job Description

What is the opportunity?

For forward-thinking and results-focused leaders, this is an opportunity to join the Financial Control team of Canada’s largest company, frequently ranked as one of the top companies to work for in Canada. RBC is internationally recognized for its commitment to innovation, diversity, customer satisfaction and corporate social responsibility. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
As part of the Wealth Management Platform Financial Control team in our Toronto head office you will be part of a collaborative team culture that strives to challenge ourselves to be our best, think progressively to keep growing, and work together to deliver collective results.
The Senior Manager, WM Financial Controls & Governance will be responsible for managing the Financial Control responsibilities in the Wealth Management (WM) Finance group with the objective of delivering timely, accurate and reliable financial information, supporting Quarterly SOX certification by CFO as well as Finance implementation projects to automate and improve financial reporting systems, controls and processes.
This is a great role for those interested in a diverse and dynamic set of responsibilities that create the opportunity to drive strategic initiatives, challenge the status quo and shape/improve established month and quarter-end processes, and represent Wealth Management Finance as a key contract person facing Head Office and senior leadership. This position reports to the Senior Director, WM Financial Controls & Governance.

What will you do?

• Responsible for accurate and complete Financial and Regulatory reporting for WM business lines. Manage and redesign monthly P&L close processes to ensure robust control environment. Includes build and execution of control/governance processes to ensure accurate and complete financial information
• Proactively identify opportunities to leverage best practices across the regions; simplify or improve the design and execution of existing controls; and improve the sharing of business and financial information across the organization. Work with impacted stakeholders from across global finance teams, head office and other key finance stakeholders to lead the execution of identified opportunities
• Lead and develop a team by providing proper coaching, clear direction and expectations
• Review monthly actual results and variance analysis. Review quarterly financial disclosures and related variance analysis.
• Lead the delivery of external reporting deliverables, including financial statement note disclosures and regulatory reporting
• Drive change and add value through continually evolving current processes and analysis, in light of, changing business needs and reporting requirements
• Ensure consistency and adequacy of balance sheet reconciliations and attestations including review of Standard of Documentation (SODs)
• Assist in the investigation of all financial and regulatory reporting matters. Maintain technical knowledge and keep abreast of all new IFRS accounting developments

Must-have

• CPA designation and/or Accounting designation
• Excellent leadership, communication, and interpersonal skills – ability to work with people at all levels within the organization
• Ability to take initiative, coupled with strong problem solving and analytical skills
• Strong knowledge and understanding of financial reporting under IFRS accounting standards and internal controls over financial reporting
• Highly motivated, collaborative, and self-starter attitude
• Ability to manage numerous priorities simultaneously amidst tight deadlines
• 5+ years of high level involvement in Financial/management reporting

Nice-to-have

• Strong knowledge of the RBC financial systems and financial controls
• Previous experience working in Financial Services/Wealth Management Finance area

What’s in it for you?

It provides the opportunity to be a part of a high performing experienced team with progressive thinking to deliver trusted advice to help our clients thrive and communities prosper.

• Opportunities to do challenging work
• Opportunities to take on progressively greater accountabilities
• Opportunities to building close relationships with counterparts across the bank

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 Management

Additional Job Details

Address: RBC CENTRE, 155 WELLINGTON 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: 2023-12-19

Application Deadline: 2024-02-08

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

Sun, 28 Jan 2024 05:22:58 GMT

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