R

Royal Bank of Canada

Global banking, wealth management, and insurance

Manager NAV Production

Financial AccountingConfirmed live in the last 24 hours
Full-timeToronto, ON, CanadaIn-person

About the Job

Requirements

  • A degree or diploma in an Accounting- or Finance-related field is required.
  • Extensive experience in fund valuations is required.
  • At least five years of managerial experience specifically within a fund accounting environment is required.
  • Strong knowledge of the fund industry, products, and financial markets is required.
  • Knowledge of regulatory requirements for Investment Funds is required.
  • Good technical knowledge of calculating Net Asset Value is required.
  • Knowledge of accounting standards is required.
  • Strong analytical skills, ability to multitask and meet tight deadlines, and problem-solving abilities are required.
  • Strong leadership and interpersonal skills are required.
  • Knowledge of the MPower fund accounting system is required.

Responsibilities

  • Lead a team of Fund Accountants in delivering timely and accurate daily NAVs for a group of mutual funds.
  • Deliver timely and accurate year-end and month-end distributions.
  • Ensure all deadlines and Service Level Agreements are met.
  • Monitor team quality and performance.
  • Enhance productivity and effective relationships with other departments.
  • Minimize NAV discrepancies and ensure timely corrective action.
  • Implement projects, including new fund launches and fund mergers.
  • Ensure resources are effectively managed to handle increases or decreases in the number of funds.
  • Support the introduction of new technology and operational processes to reduce cost, increase service quality, and ensure accuracy.
  • Run client and fund event planning meetings.
  • Complete annual and semi-annual performance reviews for staff.
  • Manage the daily operation of the team.
  • Develop the team and improve processes.
  • Participate in key quality and productivity improvement initiatives.
  • Implement new technology.

Desired Qualifications

  • An accounting designation or other professional designation, such as CFA, is preferred.

About the Company

Royal Bank of Canada

Global banking, wealth management, and insurance

What does RBC do? It provides a wide range of financial services including personal and commercial banking, wealth management, insurance, investor services, and capital markets to clients in Canada, the United States, and 27 other countries. How do its products work? It earns revenue from loans, mortgages, investment products, and advisory services, and uses technology to deliver a seamless client experience across a diversified set of financial services, with an emphasis on digital tools and customer service. How is RBC different from competitors? It combines scale and global reach with a principles-led culture, a strong focus on community impact, and a large, diverse workforce (94,000+ employees) to drive client outcomes and continuous innovation. What is RBC’s goal? To help clients prosper and communities thrive by delivering reliable financial solutions and services while adapting to changing needs and maintaining leadership in the financial sector.

Company size
10,001+
Company stage
IPO
Headquarters
Toronto, Canada
Founded
1864

Recently Posted Jobs

Explore more opportunities at Royal Bank of Canada

See more jobs