Manager, Legal Entity Financial Controls

3 weeks ago

Toronto, Canada Royal Bank of Canada Full time

**Job Summary**

**What 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**

Accounting, Audits Compliance, Critical Thinking, Detail-Oriented, Financial Controlling, Financial Reporting and Analysis, Industry Knowledge, Internal Controls, Knowledge Organization, Preparation of Financial Reports, Regulatory Reporting

**Additional Job Details**

**Address**:
20 KING 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**:
2024-09-20

**Application Deadline**:
2024-10-05

**I**nclusion** 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.

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