Senior Manager, Personal Banking Financial Control

RBC; Toronto; On-site; CAD 90,000 - 120,000; Full time

Job summary

A major financial institution in Toronto seeks a Senior Manager, Financial Control to provide accounting advisory, ensure accuracy in financial reporting, and establish financial infrastructure for Personal Banking products. The ideal candidate should possess CPA designation and over 7 years of experience in financial institutions, strong IFRS knowledge, and excellent communication and analytical skills. This full-time position offers competitive compensation within a dynamic environment focused on collaboration and process improvement.

Qualifications

• 7+ years working experience, ideally for financial institutions.
• Strong IFRS working knowledge.
• Knowledge of retail banking products or willingness to learn.

Responsibilities

• Assess accounting implications of new initiatives and implement policies.
• Review quarterly financial disclosures and monitor results.
• Establish financial infrastructure for Personal Banking Canada products.
• Review Standard of Documentation (SOD) and update SOX controls.
• Lead data strategy projects for financial reporting enhancement.
• Identify opportunities to automate and streamline processes.

Skills

Accounting

Financial Reporting

Analytical Skills

Communication Skills

Excel Skills

Education

CPA, CA or equivalent

Job description

Job Description

What is the opportunity?

The Senior Manager, Financial Control role is a pivotal strategic and enablement function that serves as the Bank’s ‘second line of defense’. As a key member of the Personal Banking Canada Financial Control team, the senior manager will provide proper accounting advisory for new products and initiatives, implement effective processes, and ensure accuracy and completeness of financial information captured in RBC’s results. The role has a primary focus on Personal Banking & Investment (PBI) lines of business.

What you will do?

• Accounting Advisory – Assess accounting implications of new initiatives and implement accounting policies in consultation with the Accounting Policy Group to enable business partners to make informed decisions.
• Financial Reporting – Review quarterly financial disclosures and related variance analysis, monitor monthly financial results, and investigate any unusual or abnormal financial outcomes.
• Establishing the financial infrastructure for Personal Banking Canada products – Assess financial risk, establish proper infrastructure & processes, and provide ongoing oversight to ensure financial results are complete, accurate, and risks are adequately managed.
• Monitoring the Financial Control environment – Perform review of Standard of Documentation (SOD) and follow-up on queries to ensure timely resolution. Perform and update SOX controls.
• Data strategy and other projects – Lead a number of data strategy projects and ad hoc initiatives to enhance the transparency and accuracy of the data utilized for financial reporting and business analysis.
• Process Transformation – Identify opportunities to automate & streamline processes, and support business in implementing process improvements.
• Participate in ad-hoc projects as directed including accounting policy implementation, rectifying SOX deficiencies, etc.

What do you need to succeed?

Must-have

• CPA, CA or equivalent – This mandate is highly dependent on skills commonly associated with accounting designations.
• 7+ years working experience, ideally for financial institutions.
• Strong IFRS working knowledge.
• Knowledge of retail banking products or willingness and interest in developing that knowledge.
• Excellent communication and interpersonal skills. Able to collaborate and obtain buy-ins from multiple stakeholders.
• Strong financial and analytical skills with the ability to prioritize tasks and meet multiple deliverables within a tight timeline.
• Excellent Excel skills and presentation skills.

Nice-to-have

• Strong knowledge of the RBC financial systems.

Job Skills

Accounting, Accounting Finance, Data Governance, Decision Making, Group Problem Solving, Oral Communications, Organizational Savvy and Politics, Strategic Thinking, Time Management, Waterfall Model

Additional Job Details

Work hours/week: 37.5
Employment Type: Full time
Pay Type: Salaried
Platform: OFFICE OF THE CFO
Job Type: Regular

EEO & Inclusion Statement

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. We are an Equal Opportunity Employer.