Senior Director, Accounting Policy and Governance

3 days ago


Toronto, Ontario, Canada Royal Bank of Canada Full time
About the Role

We are 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 play a critical role in shaping the accounting and disclosure requirements for Royal Bank of Canada.

Key Responsibilities
  • Lead a team of professionals to provide valued accounting advice on complex accounting matters to internal stakeholders across RBC.
  • Review complex accounting transactions and policy assessments for complex accounting matters.
  • Support our quarterly external reporting process by overseeing the delivery of critical elements of our reporting, including the financial statements, collaborating closely with other areas of the Chief Accountant's Group to enable a one-team approach to these deliverables.
  • Lead a team to deliver Audit Committee materials for senior finance executives that tell the RBC story with a commercial/business lens, focusing on key judgment areas and highlighting the role of finance.
  • Be a change agent for key processes by bringing your unique perspective to set ambitious goals, implement process improvements and challenge the status quo while fostering strong partnerships.
  • Drive continued transformation of the Auditor Independence function to streamline activities while mitigating risk, including re-imagining how the Auditor Independence office engages and partners with key stakeholders.
  • Where required, lead the organization in assessing, evaluating and responding to new accounting requirements impacting RBC, ensuring the impact of new and amended accounting standards is well understood by stakeholders across the bank, fully communicated to affected business units and senior finance executives, and well documented to support our accounting conclusion/position in line with control and governance requirements.
  • 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.
  • Build and develop strong relationships with stakeholders across the organization.
  • 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 (i.e. Canadian Bankers Association).
  • Liaise with RBC's external and internal auditors and other industry stakeholders on financial accounting and reporting issues, as needed.
Requirements
  • Chartered Professional Accountant designation.
  • 10+ years of relevant work experience.
  • In-depth knowledge of IFRS and U.S. GAAP (working knowledge of current U.S. GAAP is desired).
  • Exceptional written and verbal communication skills, including ability to communicate effectively to executives.
  • Strong leadership and people management skills with ability to empower the team.
  • Strong organizational, analytical and problem solving skills.
  • Proactive and forward-thinking approach.
  • Excellent interpersonal skills – specifically, able to act as change agent, facilitator and collaborator.
  • Excellent presentation skills.
  • Agile mindset.
Preferred Qualifications
  • Solid understanding of financial institutions, including all facets of RBC's business and other activities with strong business acumen.


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