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Royal Bank of Canada

Global banking, wealth management, and insurance

Manager – Insurance Financial Control

Financial AccountingUpdated on Nov 13
Full-timeMississauga, ON, CanadaIn-person

About the Job

Requirements

  • Hold a CPA designation or be working toward its completion.
  • Have at least 3 years of experience in accounting or a similar role.
  • Have strong written and verbal communication skills.
  • Be able to collaborate and build strong relationships with multiple stakeholders.
  • Have advanced working knowledge of Excel and the Microsoft Office suite.

Responsibilities

  • Prepare reconciliations and attestations according to prescribed Standard Operating Procedures, applying knowledge of operations, procedures, and systems to the reconciliation process.
  • Identify, investigate, and report true breaks, and immediately escalate items that represent a potential loss.
  • Support questions about in-house reconciliations and investigations of differences for outsourced reconciliations, including peer reviews of other reconciliations prepared by the team.
  • Use new and existing tools to automate and recommend solutions for data ingestion, analytics, and visualization to improve efficiency and reduce reconciliation preparation lead time.
  • Prepare aging summaries of reconciliations for financial controls team reporting.
  • Prepare statistical summaries of second-level segregation-of-duties review results.
  • Support Sarbanes-Oxley and Operational Controls reporting as needed.
  • Update Head Office submission templates for Operational Risk Event and Self-Identified Event documentation.
  • Assist with setting up access requirements and daily tracking for external audit engagements.

Desired Qualifications

  • Have data visualization experience, preferably with Tableau and/or Power BI.
  • Have experience navigating datasets using Structured Query Language for analytical purposes, or experience with programming languages.
  • Have knowledge of insurance products and operations, familiarity with insurance accounting, and willingness and interest to develop that knowledge.

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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