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Senior Director, Accounting Policy and Governance

2 months ago


Old Toronto, Ontario, Canada Royal Bank of Canada Full time

Job Summary:

The Royal Bank of Canada is seeking a highly experienced and strategic leader to join our team as a Senior Director, Accounting Policy and Governance. As a key member of our Chief Accountant's Group, you will be responsible for providing valued accounting advice and insights to internal stakeholders across the bank.

Key Responsibilities:

  • Lead a team of professionals to provide expert accounting advice on complex matters to internal stakeholders.
  • Review and assess complex accounting transactions and policy assessments to ensure compliance with regulatory requirements.
  • Oversee the delivery of critical elements of our quarterly external reporting process, including the financial statements, in collaboration with other areas of the Chief Accountant's Group.
  • Develop and deliver Audit Committee materials for senior finance executives, highlighting key judgment areas and the role of finance in telling the RBC story.
  • Drive the transformation of the Auditor Independence function to streamline activities while mitigating risk, including re-imagining how the office engages and partners with key stakeholders.
  • Assess, evaluate, and respond to new accounting requirements impacting RBC, ensuring the impact is well understood by stakeholders and fully communicated to affected business units and senior finance executives.
  • Shape future accounting and disclosure requirements by leading advocacy efforts on accounting-related issues, including providing comments on new Discussion Papers or Exposure Drafts issued by accounting and regulatory bodies.
  • Communicate key accounting and disclosure matters to senior leaders at RBC using a commercial/business lens.
  • Liaise with industry peers on accounting matters as needed through industry associations.
  • Liaise with RBC's external and internal auditors and other industry stakeholders on financial accounting and reporting issues, as needed.

Requirements:

  • 10+ years of relevant work experience in a financial institution or a similar industry.
  • Exceptional written and verbal communication skills, including the ability to communicate effectively to executives.
  • Strong leadership and people management skills with the ability to empower the team.
  • Agile mindset.
  • Solid understanding of financial institutions, including all facets of RBC's business and other activities with strong business acumen.

What We Offer:

At RBC, 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.