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Royal Bank of Canada

Global banking, wealth management, and insurance

Director – Central Funding & Equities Financial Control

Financial AccountingPosted on Nov 9
Full-timeToronto, ON, CanadaNo salary listedIn-person

About the Job

Requirements

  • CPA designation or equivalent, with at least 8 years of relevant experience.
  • Strong knowledge of relevant financial and regulatory accounting standards.
  • People management experience, with leadership and team-building skills.
  • Ability to take ownership of issues and motivate and collaborate with individuals from different functional groups to drive timely resolution.
  • Curiosity to explore improvements to the status quo and motivate the team to do the same.
  • Communication and presentation skills, including comfort presenting to senior management and the ability to explain complex issues concisely and clearly.
  • Some exposure to capital markets businesses, including understanding complex financial instruments and transactions relating to securities, derivatives, and debt or equity issuances, and willingness to deepen that knowledge.

Responsibilities

  • Establish the control and governance framework for financial reporting in each business area and ensure close processes are executed, including review of financial and regulatory submissions.
  • Oversee financial and regulatory reporting for supported business lines to ensure timely, accurate financial and regulatory results and disclosures.
  • Ensure new products and transactions are appropriately captured and appropriate accounting methodologies are applied.
  • Prepare analyses considering International Financial Reporting Standards accounting implications and external and internal reporting requirements, including management discussion and analysis, balance sheets, profit and loss, note disclosures, and supplemental formats.
  • Manage the monthly Global Attestation review program to ensure appropriate financial controls support external financial results.
  • Establish and maintain relationships with the business and key stakeholders, serving as a trusted business partner and first point of contact for resolving finance-related issues.
  • Develop understanding of business results and key drivers of accounting variances, and provide value-added advice as the business responds to changes in client needs and the economic environment.
  • Empower the team to develop initiatives that improve the efficiency and effectiveness of financial control processes, including designing risk-based controls and governance procedures, enhancing process flows, automating manual processes, and optimizing data strategies.
  • Collaborate with Wholesale Finance stakeholders to understand end-to-end flows and identify viable, actionable opportunities for improvement.
  • Provide strategic business advice on implementing high-priority business initiatives related to Finance governance and reporting, and collaborate with stakeholders to execute business strategy.
  • Actively manage and represent the Finance function on platform and global information technology system projects and initiatives.
  • Lead a small team through coaching and candid feedback, supporting team members’ longer-term skill and capability development.

Desired Qualifications

  • Experience with financial information technology systems and associated procedures.

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

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