Senior Manager, Financial & Regulatory Reporting – Financial Instruments and Securities Reporting

RBC

Nov 25, 2024

Applications are closed

Job
Full-time
Senior Level
Accounting & Tax
Banking & Finance
Toronto

Requirements

Must-have
Professional Accounting or Finance Designation
6+ years’ experience in an accounting/finance and reporting environment, preferably in the financial services.
Strong analytical, organizational, and problem-solving skills; ability to drive process improvements and efficiencies.
Advanced technical knowledge of IFRS, particularly with respect to Financial Instruments
Excellent written and verbal communication skills, including ability to communicate effectively to senior executives and business heads.
Experience in people management with the demonstrated ability to empower a team to deliver results.
Ability to independently propose solutions to problems and recommend a course of action, in spite of incomplete information and complexity.
Experience managing and analyzing large data sets using advanced Excel functions.
Ability to manage timelines and project progress through both personal accountability and through coordinating and negotiating with stakeholders.

Responsibilities

Lead the coordination, preparation, and reconciliation of financial statement disclosures, board materials and/or regulatory returns at the RBC Consolidated in accordance with timelines for monthly, quarterly and year end deliverables, in particular related to Financial Instruments and related items.
Translate and interpret financial information and conduct complex data analysis with large datasets working to identify patterns, trends or insights.
Analyze reports and related data for completeness, accuracy, consistency with other reported financial information, and data quality issues.
Resolve issues on behalf of internal and external stakeholders with respect to financial disclosures and regulatory returns.
Identify, propose, implement, and test reporting solutions for new financial and regulatory reporting initiatives/projects through interpreting requirements, and working with subject matter experts such as Accounting Policy Group, Platform Financial Controllers, Product Controllers, and Finance IT.
Work with Internal and external auditors to ensure effectiveness of internal controls and audit of external disclosures.
Provide and implement recommendations on process improvements, automation, and opportunities to enhance controls and/or processes.
Build a resilient team (cross-trained) that are motivated and understand the RBC vision, as well as support and reinforce targeted behaviors that contribute to RBC goals.
Provide focus and clarity in establishing individual goals, driving performance management, supporting career development and rewarding strong performance.

FAQs

What is the primary responsibility of the Senior Manager, Financial & Regulatory Reporting?

The primary responsibility is to provide accurate and timely financial information, support the management team in implementing process changes for efficiency, and maintain a strong control environment for financial instrument classification and securities reporting.

What qualifications are required for this position?

A professional accounting or finance designation and a minimum of 6 years of experience in an accounting/finance and reporting environment, preferably in financial services, are required.

What skills are emphasized for this role?

Strong analytical, organizational, and problem-solving skills, advanced knowledge of IFRS particularly related to financial instruments, excellent communication skills, and experience in people management are essential.

Is prior experience with large data sets necessary?

Yes, experience managing and analyzing large data sets using advanced Excel functions is required for this role.

What kind of team management experience is expected?

Candidates should have experience in people management and the ability to empower a team to deliver results while fostering a motivated work environment.

How is success measured in this role?

Success is measured through effective financial disclosures, the ability to resolve issues, implement process improvements, and drive performance management within the team.

What is the work schedule for this position?

The work hours are 37.5 hours per week, and it is a full-time position.

Where is this position located?

The position is located at 20 King St W, Toronto, Canada.

What are the application deadlines for this job?

Applications will be accepted until 11:59 PM on the day prior to the application deadline, which is November 30, 2024.

Does RBC support diversity and inclusion in the workplace?

Yes, RBC is committed to building inclusive teams and an equitable workplace, embracing diversity for innovation and growth.

RBC

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Finance

Industry

10,001+

Employees

1864

Founded Year

Mission & Purpose

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 88,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.