Reconciliation Manager

4 weeks ago


Mississauga, Ontario, Canada RBC Insurance Services Inc. Full time

Job Summary

At RBC Insurance Services Inc., we are seeking a highly skilled Reconciliation Manager to join our team. As a key member of our finance department, you will be responsible for ensuring the effective design and preparation of reconciliations to support the integrity of our financial statements.

Key Responsibilities

  • Design and prepare reconciliations and attestations per prescribed Standard Operating Procedures (SOPs) while applying solid knowledge of the operations, its procedures and systems to the reconciliations process
  • Document SOPs for new reconciliations
  • Ensure true breaks are identified and reported and items that represent a potential concern are escalated immediately
  • Resolve aged unreconciled items through investigation, analytics, using data, tools and enquiry
  • Display good judgment and decision-making skills in dealing with breaks and reporting
  • Work with various stakeholders relating to various reconciliation functions and provide support to other pertaining to their reconciliations where needed
  • Do peer reviews on other reconciliations prepared by the team
  • Use new and existing tools to automate and recommend solutions for data ingestion, analytics and visualization to create efficiencies in the reconciliation preparation process to reduce lead time
  • Demonstrate flexibility to assume ad hoc work outside of the general reconciliation process
  • Create monthly and ad hoc statistic reporting
  • Creating and posting journal entries where necessary
  • Support ad hoc requests pertaining to the broader financial control team

Requirements

  • Finance graduate or post-graduate or professional designations such as MBA, CA, CFA
  • Finance background with experience in reconciliations and or financial reporting. Strong skills commonly associated with accounting designations
  • 3+ years of experience with an accounting focused or similar reconciliation role
  • Willingness to collaborate and build strong relationships across business functions
  • Advanced working knowledge of Excel / Microsoft Office suite of products
  • Excellent communication and interpersonal skills. Able to collaborate and build strong relationships with multiple stakeholders

Preferred Qualifications

  • Knowledge of Insurance products / operations, familiar with insurance accounting, together with willingness and interest to develop that knowledge
  • Data visualization experience (preference in Tableau and/or Power BI)

About RBC Insurance Services Inc.

We are a leading insurance company committed to providing innovative solutions to our clients. Our team is dedicated to delivering exceptional service and building strong relationships with our stakeholders.



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