Financial Control Analyst, Insurance Finance

RBC • Mississauga, ON

2d • CA$55,000 - CA$90,000 • Onsite

About The Position

As the Financial Control Analyst, Insurance Finance, the successful candidate will support the General Ledger Attestation process ensuring timely and accurate preparation of reconciliations in collaboration with various stakeholders across the bank. In addition, the candidate will provide support to the 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.

Requirements

• An undergraduate or post-graduate degree in Accounting, Finance, or similar area of study.
• A strong understanding of analytical and financial reporting and skills commonly associated with accounting designations.
• 1+ year of experience in accounting, reporting, or financial analysis role.
• Strong written and verbal communication skills.
• Ability to collaborate and build strong relationships with multiple stakeholders
• Advanced working knowledge of Excel and other Microsoft products.

Nice To Haves

• Working towards a CPA designation will be a true asset to this role. Preference will be given to those who are CPA in-progress.
• 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

Responsibilities

• 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
• Support in updating 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

Benefits

• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level