Manager,Financial Controls Job Mississauga area,Ontario Canada,Finance & Banking

Job Description

What is the opportunity?

As the Manager, Financial Controls within our Insurance Finance group, the successful candidate will support the General Ledger Attestation process ensuring the effective design and preparation of reconciliations in collaboration with various stakeholders across the bank. In addition, the candidate will provide support to the senior managers by assisting in SOX and Operational Controls reporting, Operational Risk Event and Self-Identified Event documentation, external audit engagements and the annual EUDA exercise.

What will you do?

Responsible for the preparation of reconciliations and attestations per prescribed Standard Operating Procedures (SOPs) while applying solid knowledge of the operations, its procedures and systems to the reconciliations process

Ensure true breaks are identified, investigated / reported and items that represent a potential loss are escalated immediately

Support all questions pertaining to in-house reconciliations and support investigations of differences for outsourced reconciliations, including peer reviews on other reconciliations prepared by the team

Use new and existing tools to automate and recommend solutions for data ingestion, analytics and visualization to create efficiencies in the reconciliation preparation process to reduce lead time

Prepare aging summaries of reconciliations for financial controls team reporting

Prepare statistical summaries of 2nd Level SOD review results

Provide support on SOX and Operational controls reporting as needed

Update HO submission templates for Operational Risk Event and Self-Identified Event documentation

Assist in setting up access requirements, and daily tracking, for external audit engagements

What do you need to succeed?

Must-have

CPA designation or working towards the completion of CPA designation. This mandate will benefit from the analytical and financial reporting understanding and skills commonly associated with accounting designations.

3+ years of experience in accounting or similar role

Strong written and verbal communication skills

Ability to collaborate and build strong relationships with multiple stakeholders

Advanced working knowledge of Excel / Microsoft Office suite of products

Nice-to-have

Data visualization experience (preference in Tableau and/or Power BI)

Experience navigating datasets using Structured Query Language (SQL) for analytical purposes or experience with programming languages

Knowledge of Insurance products / operations, familiar with insurance accounting, together with willingness and interest to develop that knowledge

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

Leaders who support your development through coaching and managing opportunities

Ability to make a difference and lasting impact

Work in an agile, collaborative, progressive, and high-performing team

The opportunity to interface with senior level executives from many different parts of the organization

Job Skills

Accounting, Auditing, Confidentiality, Detail-Oriented, Financial Accounting Systems, Financial Recordkeeping, Financial Reporting and Analysis, General Ledger Administration, Generally Accepted Accounting Principles (GAAP)

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:

INSURANCE

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

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 - $

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 rage 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.

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