Senior Manager Financial Control and Reporting

• Oversees daily accounting operations to ensure accuracy of RBC Bank's financial records. Responsibilities include: monthly, quarterly, and annual accounting close processes, retention of work papers and review evidence, journal entry approval, review/approval of reconciliations, procedure updates, control execution, and review of reporting packages.
• Assist in the preparation of various financial reports including but not limited to Earnings Flash, Audit Committee materials, and other reports for senior management
• Coordinate and interface with other RBC Bank departments, IHC, and RBC on accounting and reporting matters
• Perform impact analysis of newly issued/proposed accounting pronouncements and new transactions and present results to senior management. Prepare associated memos and other documentation as applicable.
• Collaborate with partners across the organization to identify relevant financial risks and controls. Coordinate and lead discussions with controls owners. Evaluate existing controls for adequacy in mitigating the risks. Assist in the evaluation of control deficiencies and in the development of remediation plans
• Act as liaison between RBC Bank and its independent accounting firm, internal audit, and 1st and 2nd line control testing teams
• Provide leadership to the preparation of the annual financial statements and notes with accountability for accuracy, completeness and compliance with accounting standards and procedures. Coordinate stakeholder reviews and collaborate directly with external auditors to resolve issues
• Review regulatory reports and supporting documentation and ensure reports are filed within established deadlines (Examples: Call Report, Y-9C, FR-009, CCAR, FR Y-15). Responsibilities include: interpreting regulatory guidance and instructions, reviewing detailed supporting workpapers and draft reports, and maintaining an appropriate internal controls framework, and ensuring controls are executed as designed
• Stay current on new or changing bank regulatory reports, guidance, and instructions. Implement new and changing reporting requirements, including establishing new processes or enhancements to existing processes. Prepares associated memos and supporting documentation where applicable
• Collaborate with colleagues to implement automation or process changes to reduce manual production efforts
• Participates in staff development and hiring of personnel. Provides direction to the team by assigning tasks and responsibilities, providing necessary guidance on work papers, and ensuing timely completion of assignments.

What do you need to succeed?

Basic Qualifications

• Bachelor's degree in accounting or equivalent combination of education and work experience
• Excellent knowledge of accounting and financial processes (month-end close, reporting etc.)
• At least 7 years of experience
• Advanced MS Excel/PowerPoint/Word skills
• Ability to multi-task
• Strong communication, written and presentation skills.
• Strong organizational and planning skills.
• Comfortable in a position affording significant daily exposure to auditors, functional heads, enterprise finance groups and other senior managers.

Preferred Qualifications:

• Professional Certification (CPA)
• Experience in the banking or financial services industry
• Experience in documenting, reporting, and evaluating controls
• Experience with managing/coordinating an audit relationship

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, competitive compensation, commissions, and stock where applicable
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work
• Opportunities to building close relationships with clients

Job Skills

Additional Job Details