Associate Director, Wholesale Financial Control

RBC•Toronto, ON

9d•Onsite

About The Position

An exciting opportunity to join Enterprise Controller (Wholesale Finance) team. The Associate Director, Wholesale Financial Control, will act as the subject matter expert and key Finance point of contact for the RBC Clear cash management business, with the objective of delivering timely, accurate and reliable financial information. The people manager will support the internal and external reporting, disclosure requirements and control framework, as well as seek opportunities to streamline existing processes and lead ad-hoc projects, while liaising and collaborating with cross-functional teams including Business, Operations, Product Control, Performance Management, Risk and IT across the Enterprise.

Requirements

Must-have CPA designation or equivalent.
Knowledge of relevant financial and regulatory accounting standards, especially IFRS 9.
Strong communication, interpersonal and collaboration skills are considered necessary for the success of this role.
Acute attention to detail and excellent analytical thinking
Strong leadership, people management, and team building skills.
Strong interpersonal skills, due to frequent interaction with Front Office Senior Management, with the ability to explain complex accounting issues in a concise and meaningful manner.

Nice To Haves

Strong knowledge of RBC financial systems
Experience in managing Cash Management Products

Responsibilities

Ensure the accuracy and completeness of financial and regulatory reporting, specifically related to RBC Clear cash management business and items relating New York branch M&O activity by reviewing monthly GL data, financial results and variances to ensure accuracy, including monitoring of allocations and other intergroup activities.
Lead the finance implementation of new business initiatives and new products for the RBC Clear cash management business, ensuring they are appropriately captured in RBC financial reporting systems with correct accounting methodologies applied.
Collaborate closely with cross-functional teams including Business, Operations, Product Control, Performance Management, Risk and IT to assess financial impacts, drive end-to-end implementation, and ensure IFRS compliance including MD&A, B/S, P&L, note disclosures, and supplemental reporting formats.
Review the monthly Global Attestation review program to ensure proper financial controls supporting external financial results are in place.
Ensure that global policies and procedures are adhered to by all stakeholders including monitoring of allocations and other intergroup activities.
Subject matter expert for cash management products accounting issues.
Maintain technical knowledge and ensure Financial Control, Product Control, and Business teams are kept abreast of all new accounting developments.
Contribute and represent Finance function on IT system projects/initiatives.
Ensure SOX and RBC EUDA documentation compliance and completeness including new controls/processes.
Participate in ad-hoc projects as directed by Senior Director, Wholesale Financial Control.