Senior Manager, TI Finance Advisory

Royal Bank of CanadaToronto, ON
Onsite

About The Position

The Senior Manager, TI Finance Advisory will proactively manage the finance advisory and support activities in driving value to the organization. Become an integral partner to the tower(s) respective senior management teams and assist them in managing their financial goals, meeting plan and efficiency management targets, and implementing business strategies and initiatives. Be results oriented and ensure the execution of the day to day activities while balancing the strategic aspects of the role.

Requirements

  • 7+ years’ experience in relevant finance/accounting capacity
  • As finance or accounting designation, including CPA or MBA
  • Advanced Excel and PowerPoint capabilities
  • Excellent analytical, critical thinking and problem solving capabilities
  • Strong advisory and communication capabilities
  • Excellent business acumen, and presentation skills
  • Process improvement and change management mindset
  • Excellent advisory, communication, and collaboration capability

Nice To Haves

  • Knowledge of RBC financial systems and processes
  • Knowledge of IT

Responsibilities

  • Responsible for the end to end financial oversight of assigned tower(s) through: financial planning, budgeting and forecasting, monthly monitoring, reporting and variance analysis, productivity and efficiency analysis and validation, and support new business case analysis (PAR’s)
  • Responsible for ensuring the active financial management activities supporting the tower(s) are aligned and contribute to the financial management of TI and T&O holistically through a one TI, one T&O and one RBC approach. Drive active communication and collaboration with other finance leads in ensuring the successful execution of this holistic approach. Collaborate with the Performance Management (PM) teams in ensuring all deliverables are met and TI commentary is insightful and articulated clearly including support for variance drivers of TI cost allocation
  • Provide support to the Manager(s) / Sr. Financial Analyst(s) on the broader TI NIE team. Motivate, support and enable the individual(s) to drive results and ensure individual and team success.
  • Responsible for regular interaction with business to assist them in optimizing the costs under their purview
  • Responsible for assisting the business in sizing and implementing strategies, projects, and initiatives to enhance transparency and governance over IT infrastructure spend
  • Responsible for identifying and understanding the cost drivers of the towers including but not limited to the volume growth comparison to cost growth and establishing reporting metrics surrounding such drivers to track business performance
  • Responsible for encouraging and embedding a culture of financial discipline in the infrastructure teams supported by this position through proactive communication, education and utilization of various financial processes and tools
  • Responsible for ensuring overall framework of compliance with large vendor contract PARs, building understanding of key financial contract terms, and reporting on related expenses and credits
  • Work independently to identify efficiency management, financial process optimization opportunities, and proactively work to address them by engaging cross-functional expertise as required
  • Proactively look for opportunities for automation, standardization and removing any redundancies in financial processes within Finance and TI

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
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