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Senior Manager, Financial Control Specialist

2 months ago


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

Job Summary

Job Description

What is the opportunity?

The Senior Manager, Financial Control role is a pivotal strategic and enablement function on the Financial Control team that serves as the Bank's 'second line of defense'. As a key member of the Canadian Banking Financial Control team, the senior manager will provide proper accounting advisory for new products, implement effective processes and ensure accuracy and completeness of financial information captured in RBC's results with a primary focus on Personal Savings and Investments (PSI).

Key Responsibilities

  • Accounting Advisory – assessing the accounting implications of new initiatives to enable business partners to make informed decisions. Implement new accounting policies and procedures.
  • Financial Reporting – review quarterly financial disclosures and related variance analysis. Investigate financial results abnormalities and provide recommendations for improvement.
  • Establishing the financial infrastructure for P&CB products - Assessing financial risk and establishing proper infrastructure & processes to ensure financial results are reported completely and accurately and risks are adequately managed.
  • Monitoring the Financial Control environment - Perform review of Standard of Documentation (SOD) and follow-up on queries to ensure timely resolution. Perform and update SOX controls.
  • Data strategy and other projects – lead/assist with a number of data strategy projects and ad hoc initiatives to enhance the transparency and accuracy of the data.
  • Process Transformation - automate & streamline processes and assist business with process implementation.
  • Participate in ad-hoc projects as directed including accounting policy implementation, rectifying SOX deficiencies, etc.

Requirements

Must-have

  • CPA, CA or equivalent. This mandate is highly dependent on skills commonly associated with accounting designations.
  • 7+ years working experience, ideally for financial institutions.
  • Strong IFRS working knowledge.
  • Knowledge of retail banking products or willingness and interest in developing that knowledge.
  • Excellent communication and interpersonal skills. Able to collaborate and obtain buy-ins from multiple stakeholders.
  • Strong financial and analytical skills with the ability to prioritize tasks and meet with multiple deliverables within a tight timeline.
  • Excellent Excel skills and presentation skills.

Nice-to-have

  • Strong knowledge of the RBC financial systems.

Job Skills

  • Accounting, Accounting Finance, Data Governance, Decision Making, Group Problem Solving, Oral Communications, Organizational Savvy and Politics, Strategic Thinking, Time Management, Waterfall Project Management