Director, Business Controls, CFO Controls Office - SOX

RBC•Toronto, ON

3d•Onsite

About The Position

The CFO Controls Office – SOX at RBC is a strategic finance team responsible for designing and executing RBC's Sarbanes-Oxley (SOX) Compliance Program and leading the Finance Risk Centre of Governance. Bring systematic, disciplined expertise to evaluate and improve the effectiveness of risk management, control, and governance processes impacting RBC's financial statements. As Director, you'll lead teams and partners across RBC to strengthen our financial control environment and reporting processes while driving enterprise-wide control standards and methodologies.

Requirements

CPA or equivalent accounting designation
7+ years of experience in accounting, auditing, or 2LOD roles
Exposure to SOX or similar compliance regimes in comparable organizations
People leadership skills (managing 1-2 person team)
Strong written and verbal communication skills
Project management skills

Nice To Haves

Experience with enterprise financial systems and control assessments
Background in risk and control frameworks beyond SOX
Prior experience with external audit coordination at a public company
Knowledge of emerging accounting standards and their control implications

Responsibilities

Manage all aspects of RBC’s internal financial controls by providing subject matter expertise on control matters with a primary focus on SOX 404 and 302 compliance, with a specific focus on the Business.
Oversee KRIs across SOX testing, control changes, and Financial Reporting Risk assessment enterprise-wide.
Design and maintain SOX methodology, policy, guidance and tools to ensure effective scoping, testing, tracking, exceptions, and reporting.
Interpret SEC and PCAOB standards for control groups across lines of business and corporate functions.
Implement quality review processes to ensure documentation meets RBC standards and embed emerging risk areas into the program.
Support program oversight through KRI development, tracking, and reporting.
Lead Financial Reporting Risk review and challenge through the Risk and Control Self-Assessment process; establish risk appetite measurements and quarterly reporting.
Collaborate across the organization to identify, evaluate, and remediate financial risks and controls; advise management on significant control deficiencies and track corrective actions.
Assess impact of new business ventures, acquisitions, and accounting standards on existing processes and controls.
Provide cost-effective, innovative solutions to enhance financial processes, controls, and accounting procedures.
Lead discussions with internal and external auditors on control matters and findings.
Design and execute a comprehensive reporting program tracking SOX and non-SOX Financial Reporting Risks, deficiencies, remediation status, and industry trends for senior management.