Reconciliation Manager
4 weeks ago
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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