Manager, Legal Entity Financial Controls

RBC; Toronto; On-site; CAD 80,000 - 100,000; Full time

Job summary

A leading financial institution in Toronto is looking for a Manager of Legal Entity Financial Controls to oversee financial statements and compliance for subsidiary companies. This role requires strong accounting skills and collaboration across teams to ensure accurate reporting. The ideal candidate will bring over 2 years of experience in the financial industry and must hold a CPA or equivalent. The position offers competitive compensation and a comprehensive benefits package.

Benefits

Comprehensive Total Rewards Program

Leadership support for development

Opportunities for challenging work

Ability to make a meaningful impact

Qualifications

• Understanding of complex accounting and reporting issues is essential.
• Experience in financial reporting and analysis expected.

Responsibilities

• Assist with financial statements preparation and analysis.
• Manage day-to-day activities of the subsidiary including cash management.
• Identify accounting issues and provide recommendations.
• Reconcile management and statutory reporting differences.
• Assist with interim and year-end audits.

Skills

Strong accounting skills (CPA or equivalent)

2+ years of financial industry experience

Strong analytical skills

Oral/written communication skills

Teamwork and Collaboration skills

Attention to details

Motivated

Ability to multi-task

Education

CPA or equivalent

Job description

What is the opportunity?

The Manager of Legal Entity Financial Controls is entitled to control over legal entities managed by (LEFC) and supports the Senior Manager, Legal Entity Financial Controls. The Manager provides valued financial control and reporting advice to internal partners and ensuring compliance with statutory and regulatory reporting for subsidiary companies.

What you will do?

• Assist with the preparation and analysis of financial statements of the assigned legal entities, ensure they are completed in an accurate and timely manner. This includes quarterly board packages and interim and year end audited financial statements with notes and analysis. Includes financial statements for Wealth Management and Personal & Commercial Banking entities.
• Preparation of monthly journal entries for the assigned legal entities
• Where appropriate manage day to day activities associated with the subsidiary i.e. cash management and investing.
• Identify various accounting issues and make recommendations
• Reconcile/explain differences between management and Statutory/GAAP reporting of the assigned legal entities.
• Assist with the interim and year end audits
• Identify Key IFRS changes and implement accordingly.
• Execute upon financial controls Participate in projects and identify opportunities to streamline and automate manual processes
• Provide guidance and support to business units on reporting issues.

What you need to succeed?

Must Have

• Strong accounting skills (CPA or equivalent) required to be able to understand the complex accounting and reporting issue
• 2+ years of financial industry experience
• Strong analytical, oral/written communication skills
• Teamwork and Collaboration skills.
• Attention to details and motivated
• Ability to multi-task due to various demands for information and tight deadlines

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.
• Opportunities to do challenging work
• Opportunities to take on progressively greater accountabilities
• Ability to make a difference and last impact.

Job Skills

Audits, Compliance, Critical Thinking, Detail-Oriented, Financial Reporting and Analysis, Industry Knowledge, Internal Controls, Knowledge Organization

Additional Job Details

Address: 20 KING ST W 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: 2025-09-22

Application Deadline: 2025-10-13

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At 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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