Manager, Legal Entity Financial Controls

RBC; Toronto; On-site; CAD 80,000 - 110,000; Full time

Job summary

RBC is seeking a Manager of Legal Entity Financial Controls to oversee financial reporting and compliance for various subsidiary entities. The ideal candidate will have strong accounting skills, experience in the financial industry, and the ability to manage complex reporting issues effectively.

Qualifications

• Strong accounting skills necessary to understand complex accounting and reporting issues.
• At least 2 years of financial industry experience required.
• Strong analytical and communication skills needed.

Responsibilities

• Oversee financial statements, ensure accuracy and timeliness.
• Manage day-to-day activities related to subsidiaries.
• Execute financial controls and participate in relevant projects.

Skills

Audits

Compliance

Critical Thinking

Detail-Oriented

Financial Reporting and Analysis

Industry Knowledge

Internal Controls

Knowledge Organization

Education

CPA or equivalent

Job description

Job Summary

Job Description

What is the opportunity?

The Manager of Legal Entity Financial Controls is responsible for overseeing legal entities managed by LEFC and supports the Senior Manager, Legal Entity Financial Controls. The manager provides financial control and reporting advice to internal partners and ensures compliance with statutory and regulatory reporting for subsidiary companies.

What will you do?

• Assist with the preparation and analysis of financial statements for assigned legal entities, ensuring accuracy and timeliness. This includes quarterly board packages and interim and year-end audited financial statements with notes and analysis, covering Wealth Management and Personal & Commercial Banking entities.
• Prepare monthly journal entries for the assigned legal entities.
• Manage day-to-day activities related to the subsidiaries, such as cash management and investing.
• Identify accounting issues and make recommendations.
• Reconcile and explain differences between management and statutory/GAAP reporting for the legal entities.
• Assist with interim and year-end audits.
• Identify key IFRS changes and implement them accordingly.
• Execute 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 do you need to succeed?

Must Have

• Strong accounting skills (CPA or equivalent) to understand complex accounting and reporting issues.
• At least 2 years of financial industry experience.
• Strong analytical and communication skills, both oral and written.
• Teamwork and collaboration skills.
• Attention to detail and motivation.
• Ability to multi-task under tight deadlines.

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: 2025-05-08

Application Deadline: 2025-06-18

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

Inclusion and Equal Opportunity Employment

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