Manager NAV Production

Royal Bank of Canada; Toronto; On-site; CAD 67,000 - 110,000; Full time

Benefits offered by this job

Bonuses

Flexible benefits

Total Rewards Program

Job summary

Royal Bank of Canada in Toronto is seeking a seasoned Fund Accounting Manager to lead the Fund Accounting Operations group, ensuring timely daily NAVs for mutual funds and accurate year-end distributions. You will drive process improvements and SLA adherence while mentoring staff across finance teams.

You will coordinate with technology and other departments on new fund launches, mergers, and cost-reduction initiatives, including performance reviews and resource management.

Qualifications

• Degree or diploma in an Accounting or Finance related field
• Extensive experience in fund valuations
• 5+ years of managerial experience specifically within a fund accounting environment
• Strong knowledge of the fund industry, products, and financial markets
• Knowledge of regulatory requirements for Investment Funds
• Good technical knowledge of calculating Net Asset Value
• Knowledge of Accounting standards
• Strong leadership & interpersonal skills
• Fund Accounting System knowledge (MPower)

Responsibilities

• Lead a team of Fund Accountants in delivering timely and accurate daily NAVs for a group of mutual funds
• Deliver timely and accurate year-end and month-end distributions
• Ensure all deadlines and Service Level Agreements (SLA) are met
• Monitor the team quality and performance
• Enhance productivity and effective relationships with other departments
• Minimize NAV discrepancies and ensure timely corrective action
• Implement projects including new fund launches and fund mergers
• Ensure that resources are effectively managed to deal with an increase/decrease in the number of funds
• Support the introduction of new technology and operational processes to effectively reduce cost, increase the quality of service and ensure accuracy
• Run client/fund event planning meetings
• Complete annual & semi-annual performance reviews for staff

Job description

Job Description

What is the opportunity?
RBC Investor &Treasury Services provides services to the Investment Management, Broker/Dealer, and Insurance Services industries. These services include Trusteeship, Recordkeeping, Fund Accounting, and Derivatives Support. The Fund Accounting Operations Group is responsible for the timely and accurate delivery of fund valuations.

What will you do?

• Lead a team of Fund Accountants in delivering timely and accurate daily NAVs for a group of mutual funds
• Deliver timely and accurate year-end and month-end distributions
• Ensure all deadlines and Service Level Agreements (SLA) are met
• Monitor the team quality and performance
• Enhance productivity and effective relationships with other departments
• Minimize NAV discrepancies and ensure timely corrective action
• Implement projects including new fund launches and fund mergers
• Ensure that resources are effectively managed to deal with an increase/decrease in the number of funds
• Support the introduction of new technology and operational processes to effectively reduce cost, increase the quality of service and ensure accuracy
• Run client/fund event planning meetings
• Complete annual & semi-annual performance reviews for staff

What do you need to succeed?

Must-have:

• Degree or diploma in an Accounting or Finance related field
• Extensive experience in fund valuations
• 5+ years of managerial experience specifically within a fund accounting environment
• Strong knowledge of the fund industry, products, and financial markets
• Knowledge of regulatory requirements for Investment Funds
• Good technical knowledge of calculating Net Asset Value
• Knowledge of Accounting standards
• Strong Analytical skills, ability to multitask and meet tight deadlines, and exceptional problem-solving abilities
• Strong leadership & interpersonal skills
• Fund Accounting System knowledge (MPower)

Nice-to-have:

• Accounting designation or other professional designation (CFA)

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 mutual success.
• Team management of the daily operation
• Team development and process improvement
• Involvement in all key quality and productivity improvement initiatives
• Implementation of new technology
• A comprehensive Total Rewards Program including bonuses and flexible benefits
• Competitive compensation

Job Skills

• Accounting, Change Management, Coaching Others, Customer Service Management, Financial Accounting Systems, Financial Risk Management (FRM), Operational Delivery, Process Management, Risk Management, Talent Management

Additional Job Details

Address: RBC CENTRE, 155 WELLINGTON ST W:TORONTO City: Toronto Country: Canada Work hours/week: 37.5 Employment Type: Full time Platform: WEALTH MANAGEMENT Job Type: Regular Pay Type: Salaried Posted Date: 2026-10-28 Application Deadline: 2026-11-18 Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Compensation for this position (including salary and discretionary/variable payments) will be determined by factors, including but not limited to candidate's experience, skills, registration status, performance, individual goals, market conditions, and business needs.

Pay Range

The expected pay range for this position is:
$67,000.00 - $110,000.00

The pay range provided is for the primary work location referenced in the Additional Job Details section of this job posting. Pay ranges may differ based on location. If the posting lists multiple job locations, a recruiter can confirm availability of the role and the relevant pay range for the additional locations listed. RBC supports pay transparency and we strive to ensure all pay ranges are competitive, fair, and equitable.

You have the potential to earn RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided that business meets its performance targets and you meet your individual goals.

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.