Director, Financial Controls

Job Description

What is the opportunity?
For forward-thinking and results-focused leaders, this is an opportunity to join the Insurance Financial Control team of Canada’s largest company, frequently ranked as one of the top companies to work for in Canada. RBC is internationally recognized for its commitment to innovation, diversity, customer satisfaction and corporate social responsibility.

If you are proactive, self-motivated, passionate about controls and excited about finding creative solutions, and interested in building a career within a world-class financial institution, this is a great opportunity for you.

What will you do?

Enable a high-performance culture through active coaching and candid feedback, with an eye to longer term development of team member’s skills and capabilities.

Lead a center of expertise for controls and governance in Insurance Finance as well as a center of expertise for SOX for Insurance overall

Advisor to various stakeholders across insurance around the development of controls and maintenance of the control environment

Lead the design, pretesting and implementation of new controls

Primary contact for external and internal auditors, which includes managing the audit cycles, being first point of contact and ensuring a successful audit through minimizing escalations and issues

Oversight of all operational risk events and self-identified issues, collaborating closely with operational risk teams to ensure compliance with policy

Support various stakeholders across Insurance on controls impact for any process, system change or projects

Lead the preparation and attestation of all monthly balance sheet reconciliations

Oversight for the development of new GL Attestation processes resulting from implementation of new accounts

Ensure that the Enterprise GL attestation policies and Standards of Documentation procedures are adhered to by all stakeholders to ensure consistency and adequacy of reconciliations

Own the supplier relationship with Financial Shared Services

Drive process improvements, streamlining and automation for reconciliations

Monthly and quarterly reporting to Senior Executives on performance, targets and results

What do you need to succeed?
Must-have

CPA or equivalent designation

Strong knowledge and understanding of financial reporting under IFRS accounting standards and internal controls over financial reporting.

Curiosity to explore better ways of working while maintaining a strong governance mindset, accompanied by a drive to take ownership for and resolve issues with a sense of urgency.

Excellent analytical thinking and acute attention to detail.

Excellent leadership, communication, and interpersonal skills – ability to work with people at all levels within the organization.

Ability to manage numerous priorities simultaneously amidst tight deadlines.

High proficiency with computer applications, such as Excel and PowerPoint.

Highly desirable

Insurance specific experience, including IFRS 17

Experience with RBC financial systems and associated procedures including EPM system knowledge also preferred.

Minimum 5 years of involvement in Financial Controls, SOX and Reconciliations

People Management experience

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.

A comprehensive Total Rewards Program including bonuses and flexible benefits and competitive compensation

Leaders who support your development through coaching and managing opportunities, enabling long-term career growth within a world class organization

Ability to make a difference and lasting impact

Flexible work/life balance options

Work in a dynamic, collaborative, progressive, and high-performing team

Opportunities to do interesting and challenging work

Job Skills
Accounting, Accounting Finance, Account Reconciliations, Audit Management, Communication, Decision Making, Design Control Process, Design Controls, General Ledger Reconciliations, IFRS 17, Insurance Accounting, Internal Control Over Financial Reporting (IFCR), Leadership, Microsoft Office 365, Operational Risk Management, Oracle, Oracle Enterprise Performance Management (EPM), Oral Communications, Root Cause Analysis (RCA), Root Cause Investigations, Sarbanes Oxley (SOX) Control, SOX Testing, Team-Building, Team Management, Time Management

Additional Job Details
Address:  MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:

MISSISSAUGA

City:  Mississauga

Country:  Canada

Work hours/week:  37.5

Employment Type:

Full time

Platform:  OFFICE OF THE CFO

Job Type:  Regular

Pay Type:

Salaried

Posted Date:  

Final date to receive applications:

Note:

Applications will be accepted until 11:59 PM on the day prior to the Final date to receive applications 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.…