Manager, Financial Reporting

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Company: Royal Bank of Canada

Location: Toronto, ON M4E 3Y1

Description:

Job Summary

Job Description

What is the opportunity?

For forward-thinking and results-focused individuals, this is an opportunity to join the Financial and Regulatory Reporting team of Canada's largest bank, 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.

As part of the FRR team in Enterprise Controllers' Group in our Toronto head office you will be part of a collaborative team culture that strives to challenge ourselves to be our best, think progressively, and work together to deliver collective results.

The Manager, Financial Reporting is a key contributor in Enterprise Controllers' Group and will support the team in providing accurate and timely financial information to the bank's shareholders and regulators, implementing process changes to drive efficiency or meet changing external requirement, and maintaining an exceptional control environment whilst managing the financial control and reporting responsibilities across consolidated disclosures. You will play a key role in establishing best practices in CFO Group's control framework, as well as collaborate with various Finance and functional teams and support leaders across CFO group and Enterprise.

This role will appeal to individuals who want to work in a fast-paced area that has visibility and profile across RBC, who have an appetite for working in a forward looking and innovative environment, and who also thrive on challenges and make a real difference.

What will you do?

Support the preparation of consolidated RBC reporting, including analyses and insights for senior management across Finance:
  • Support the preparation and reconciliation financial statement disclosures, board materials and/or regulatory returns at the RBC Consolidated level or legal entity level in accordance with assigned timelines for deliverables, including the preparation of analytical review over fluctuations in balances, maintenance of end-user computing spreadsheets, and evidence of adherence with SOX controls.
  • Perform journal entries, proof of balance, and reconciliations for review by team members or manager in support of monthly and quarterly close processes.
  • Assist with the gathering and consolidation of financial information and conducting of complex data analysis with large datasets for financial analysis, variance reports, and performance metrics to support decision-making and communication of RBC's financial and strategic story.
  • Maintain process documentation, accounting guidance, and operational guidance for assigned financial disclosures and regulatory returns
  • Lead in identifying, proposing, implementing, and testing 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.
  • Research accounting guidance on technical accounting queries raised by stakeholders.
  • Maintain internal control and governance framework, including key control activities and SOX or non-SOX process, to achieve an overall strong internal control environment.
  • Foster collaboration and high performance with key stakeholders (e.g., Head Office Performance Management, IT, Group Risk Management, Accounting Policy, Tax, Capital and other Finance partners) striving to be a center of knowledge and excellence with accountability in resolving all HO finance related issues.


What do you need to succeed?

Must Have
  • CPA designation or equivalent, with 3+ years of experience, and understanding of key disclosure requirements and SOX compliance
  • Think critically, challenge financial data when inconsistent or illogical through data analysis, and excellent attention to details
  • Independently propose solutions to problems and, leveraging business and strategic insights, recommend a course of action to reporting manager and team members
  • Manage timelines and project progress through both personal accountability and through coordinating with team members, manager and other stakeholders
  • Desire and motivated to learn, challenge the status quo, and propose bold changes for current processes particularly with respect to streamline processes, increasing efficiency and furthering execution excellence.
  • Document complex subject matter though strong written and oral-communication skills
  • Analyze large data sets using advanced Excel functions
  • Curiosity to explore better ways of working and motivating the team while maintaining a strong governance mindset, accompanied by a drive to take ownership for and resolve issues with a sense of urgency.
  • Ability to multitask and handle high-pressure executive level requests on an ongoing basis


Nice to Have
  • Experience and understanding of RBCs businesses and transactions, and associated risks & returns.
  • Proactive and persistent in issue resolution


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:

20 KING ST W:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

OFFICE OF THE CFO

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-04-23

Application Deadline:

2025-05-09
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline 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. 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.

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