Associate Director, Commercial Banking Financial Control
RBC
Job Description What is the Opportunity? An exciting opportunity to join Enterprise Controller (Wholesale Finance) team. The Associate Director, Commercial Banking Financial Control, will act as the subject matter expert and key point of contact for the Commercial Banking business in Canada, with the objective of delivering timely, accurate and reliable financial information. The people manager will support the internal and external reporting, disclosure requirements and control framework, as well as seek opportunities to streamline existing processes and lead ad-hoc projects, while liaising and collaborating with various stakeholders across the Enterprise.
What will you do?
Ensure the accuracy and completeness of financial and regulatory reporting for supported business lines by reviewing monthly GL data, financial results and variances to ensure accuracy, including monitoring of allocations and other intergroup activities.
Responsible to ensure new products and new transactions are appropriately captured in RBC financial reporting systems, and that appropriate accounting methodologies are applied. In particular, prepare analyses that take into account IFRS accounting implications and external and internal reporting requirements including MD&A, B/S, P&L, note disclosures & supplemental formats.
Review the monthly Global Attestation review program to ensure proper financial controls supporting external financial results are in place. Ensure that global policies and procedures are adhered to by all stakeholders including monitoring of allocations and other intergroup activities.
Subject matter expert for deposits and lending products accounting issues. Maintain technical knowledge and ensure Financial Control, Product Control, and Business teams are kept abreast of all new accounting developments.
Contribute and represent Finance function on various IT system projects/initiatives.
Ensure SOX and RBC EUDA documentation compliance and completeness including new controls/processes.
Participate in ad-hoc projects as directed by Director, Commercial Banking Financial Control.
What do you need to succeed? Must-have
CPA designation or equivalent. This mandate is highly dependent on using analytical and financial reporting skills commonly associated with accounting designations.
Knowledge of relevant financial and regulatory accounting standards, especially IFRS 9.
Strong communication, interpersonal and collaboration skills are considered necessary for the success of this role.
Acute attention to detail and excellent analytical thinking
Strong leadership, people management, and team building skills.
Strong interpersonal skills, due to frequent interaction with Front Office Senior Management, with the ability to explain complex accounting issues in a concise and meaningful manner.
Nice to Have
Strong knowledge of RBC financial systems
What’s in it for you? We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
A comprehensive Total Rewards Program including bonuses and flexible benefits
Leaders who support your development through coaching and managing opportunities
Ability to make a difference and lasting impact
Work in an agile, collaborative, progressive, and high-performing team
The opportunity to interface with senior level executives from many different parts of the organization
Job Skills Accounting, Accounting Finance, Decision Making, Financial Planning and Analysis (FP&A), Long Term Planning, Oral Communications, Organizational Savvy and Politics, Strategic Thinking, Team Management, Time Management
Additional Job Details Address:
ROYAL BANK PLAZA, 200 BAY ST:TORONTO
City:
Toronto
Country:
Canada
Work hours/week:
37.5
Employment Type:
Full time
Platform:
OFFICE OF THE CFO
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
Application Deadline:
Note Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Our Employment Opportunities At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
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What will you do?
Ensure the accuracy and completeness of financial and regulatory reporting for supported business lines by reviewing monthly GL data, financial results and variances to ensure accuracy, including monitoring of allocations and other intergroup activities.
Responsible to ensure new products and new transactions are appropriately captured in RBC financial reporting systems, and that appropriate accounting methodologies are applied. In particular, prepare analyses that take into account IFRS accounting implications and external and internal reporting requirements including MD&A, B/S, P&L, note disclosures & supplemental formats.
Review the monthly Global Attestation review program to ensure proper financial controls supporting external financial results are in place. Ensure that global policies and procedures are adhered to by all stakeholders including monitoring of allocations and other intergroup activities.
Subject matter expert for deposits and lending products accounting issues. Maintain technical knowledge and ensure Financial Control, Product Control, and Business teams are kept abreast of all new accounting developments.
Contribute and represent Finance function on various IT system projects/initiatives.
Ensure SOX and RBC EUDA documentation compliance and completeness including new controls/processes.
Participate in ad-hoc projects as directed by Director, Commercial Banking Financial Control.
What do you need to succeed? Must-have
CPA designation or equivalent. This mandate is highly dependent on using analytical and financial reporting skills commonly associated with accounting designations.
Knowledge of relevant financial and regulatory accounting standards, especially IFRS 9.
Strong communication, interpersonal and collaboration skills are considered necessary for the success of this role.
Acute attention to detail and excellent analytical thinking
Strong leadership, people management, and team building skills.
Strong interpersonal skills, due to frequent interaction with Front Office Senior Management, with the ability to explain complex accounting issues in a concise and meaningful manner.
Nice to Have
Strong knowledge of RBC financial systems
What’s in it for you? We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
A comprehensive Total Rewards Program including bonuses and flexible benefits
Leaders who support your development through coaching and managing opportunities
Ability to make a difference and lasting impact
Work in an agile, collaborative, progressive, and high-performing team
The opportunity to interface with senior level executives from many different parts of the organization
Job Skills Accounting, Accounting Finance, Decision Making, Financial Planning and Analysis (FP&A), Long Term Planning, Oral Communications, Organizational Savvy and Politics, Strategic Thinking, Team Management, Time Management
Additional Job Details Address:
ROYAL BANK PLAZA, 200 BAY ST:TORONTO
City:
Toronto
Country:
Canada
Work hours/week:
37.5
Employment Type:
Full time
Platform:
OFFICE OF THE CFO
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
Application Deadline:
Note Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Our Employment Opportunities At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
#J-18808-Ljbffr
Reference: WJ-3875_13731559