Senior Accounting Analyst

RBC•Burlington, ON

3d•Onsite

About The Position

As Senior Accounting Analyst, you will provide support in the day-to-day operations of the Equipment Finance Solutions Centre (EFSC) and provide assistance in ensuring accuracy of general ledger accounts including cash and leasing related general ledger accounts. You are responsible for contributing to the achievement of the EFSC Finance Team’s business unit and corporate objectives, and act as a subject matter expert for EFSC Finance team and support team members in completion of their monthly and daily responsibilities.

Requirements

Undergraduate degree or college diploma in business/accounting or equivalent experience in Leasing and/or Financial Services Industry
CPA Candidate
Ability to meet tight deadlines while maintaining accuracy
Superior analytical skills with a demonstrated ability to complete root cause analysis and determine appropriate steps to resolve issues
Organized and able to stay focused in a fast paced environment
Ability to effectively communicate with staff at all levels and respond to stakeholders’ needs
Advanced Microsoft Excel skills, working knowledge of Microsoft Access, Microsoft Word
Experience using Peoplesoft for processing accounting transactions
Knowledge of and experience with Canadian Sales Taxes
Knowledge of and experience in the Equipment Finance Industry
Knowledge of and experience with accounting for Leases from the Lessor perspective

Responsibilities

Assist FSS with reconciliation of leasing related general ledger accounts
Preparation of monthly management reporting and analysis
Investigating reconciliation breaks and determining root cause by using information available in multiple systems
Preparation of the monthly preparation of commission calculations with respect to RCAP originations activity and payroll file, as well as, oversight of monthly reconciliation of a subset of the businesses’ chart of accounts and generation of related supporting documentation
Preparation of multiple daily bank reconciliations to ensure accuracy of cash posted in lease administration system and RBC’s general ledger system
Preparation of the AP reconciliation, direct deposit log, and management reports to provide coverage
Point person/liaison for FSS investigations, escalations, and root cause analysis for RCAP lines of business
Point person/liaison for Sales Tax Audits for the RCAP Business lines
Subject Matter Expert for EFSC Finance team and support team members in completion of their monthly and daily responsibilities
Work with business partners to ensure quality and integrity of accounting and reporting processes while contributing to development of solutions where required
Preparation of compliance and regulatory reporting requirements
Other ad hoc reconciliations and/or analysis, as requested by the business and/or National Office.
Primary backup for RCAP and RBC AP transaction processing