Manager, Financial Reporting

4 weeks ago

Raleigh, United States Royal Bank of Canada Full time

Job Summary

Supervises the accurate completion of the day-to-day functions of the Accounting Department. Ensures complete, accurate, timely and consistent financial reporting. Ensures compliance with organizational and governmental policies and procedures. Manager with HR responsibility. Typically manages and oversees supervisors and/or hourly/professional jobs and responsible for setting the overall direction for employees.

Job Description

What is the Opportunity?

  • Ensure financial information for RBC Bank is complete and prepared timely and accurately for internal and external stakeholders
  • Prepare, examine, and analyze financial information, transactions and records to assess accuracy, completeness, and compliance with accounting and enterprise standards.
  • Ensure RBC Bank maintains a strong internal control environment over financial reporting and drive the timely execution, monitoring and assessment of controls and deficiencies

What will you do?

  • Lead the month-end financial close (25%)
  • Maintain the master check-list of activities and ensure all activities are completed timely
  • Ensure compliance with accounting procedures and policies
  • Review and approve journal entries from finance team
  • Review and approve reconciliations
  • Prepare or review consolidated monthly/reporting package
  • Provide advice and counsel to other teams on accounting matters and transactions

  • Present financial results to the Chief Financial Office

  • Direct accountability to prepare, analyze and present the annual financial statements (15%)

  • Lead the preparation of financial statements and notes with direct accountability for accuracy, completeness and compliance with accounting standards
  • Gather information from subject-matter experts including clearly articulating the requirements and developing procedures to assess accuracy and reasonableness of information received
  • Complete disclosure checklist and peer comparisons
  • Coordinate stakeholder reviews and incorporate comments

  • Work directly with external auditors as required and resolve issues

  • Accountability for regulatory reporting (30%)

  • Collaborate with New York reporting team on issues, policies, procedures and new requirements
  • Prepare and/or provide oversight to regulatory reports filed directly by RBC Bank or submitted to the holding company (Examples: Call Report, Y-9C, FR-009, CCAR, FR Y-15)
  • Maintain reporting procedures and ensure alignment with protocols established by RBC USA Holdco

  • Prepare/review - Review and Challenge packages

  • Lead the activities and processes to ensure internal controls over financial reporting are operating as designed (15%)

  • Provide direct oversight over Finance financial reporting controls and report status of operating effectiveness
  • Provide insights to control owners to gain efficiencies while maintaining the risk profile
  • Assess deficiencies and provide results/recommendations to senior management
  • Support compliance with data governance and management policies and procedures (data domains, CDEs, data quality rules, etc.)

  • Remain current on changes in the accounting and audit procedures

  • Lead the preparation and/or oversight of various head office templates and reporting packages and ensure compliance with enterprise standards (10%)

  • Maintain supporting documentation and ensure items are submitted timely

  • Ensure new requirements are analyzed, data requirements are clearly communicated and procedures updated

  • Analyze new accounting guidance and impact to RBC Bank including preparing and presenting updates to senior management (5%)

  • Provide support to:
  • Performance management on activities such as business cases
  • Planning and Forecasting and 1st Line Data Governance
  • Accounts Payable
  • Accounting

Managerial Excellence

  • Ensure that employees understand RBC vision, as well as support and reinforce targeted behaviors that contribute to RBC goals
  • Provide focus and clarity in establishing individual goals, driving performance management, supporting career development and rewarding strong performance
  • Leverage the value in unit, department, and enterprise wide teams to develop better solutions and achieve a cross enterprise mindset
  • Accept and successfully execute change while supporting employees through the process, and keeping them focused on business priorities

What do you need to succeed?

Basic Qualifications

  • Major Accounting (CPA preferred)
  • At least 7 to 10 years work experience
  • Intermediate Excel/PowerPoint/Word skills
  • Ability to multi-task
  • Strong communication, written and presentation skills
  • Strong organizational and planning skills
  • Comfortable in a position affording significant daily exposure to auditors, functional heads, enterprise finance groups and other senior managers
  • Experience in the banking or financial services industry
  • Experience in documenting, reporting and evaluating controls
  • Experience with managing/coordinating an audit relationship

What's in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

  • A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
  • Leaders who support your development through coaching and managing opportunities
  • Ability to make a difference and lasting impact
  • Work in a dynamic, collaborative, progressive, and high-performing team
  • Opportunities to do challenging work
  • Opportunities to building close relationships with clients

Job Skills

Accounting, Accounting Finance, Accounting Standards, Decision Making, Finance, Financial Analysis and Reporting, Oral Communications, Sarbanes Oxley (SOX) Control, Strategic Thinking, Team Management, Time Management

Additional Job Details

Address

8081 ARCO CORPORATE DRIVE:RALEIGH

City

Raleigh

Country

United States of America

Work hours/week:

40

Employment Type

Full time

Platform

Office of the CFO

Job Type

Regular

Pay Type

Salaried

Posted Date

2024-03-19

Application Deadline

2024-03-19

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

Join our Talent Community

Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.

Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.

  • Manager, Financial Reporting

    1 month ago

    Raleigh, North Carolina, United States Royal Bank of Canada Full time

    Job SummarySupervises the accurate completion of the day-to-day functions of the Accounting Department. Ensures complete, accurate, timely and consistent financial reporting. Ensures compliance with organizational and governmental policies and procedures. Manager with HR responsibility. Typically manages and oversees supervisors and/or hourly/professional...

  • Chief Financial Officer

    4 weeks ago

    Raleigh, United States Creative Financial Staffing Full time

    CFS has partnered with a well-respected, long-standing construction company located in Raleigh. Our client is seeking a full-time CFO to be a key member of the executive team and take on a strategic role in the growth and management of the company. Why work here? The Company: Humble family beginnings that expanded into NC in the mid 80's - almost 80 years...

  • Financial Advisor Associate

    1 week ago

    Raleigh, United States Ameriprise Financial Full time

    Obtain your required licenses/credentials within 150 days of hire:- FINRA Series 7- Active State Securities Agent Registration (S 63 or S 66)- Active IAR Registration (S 65 or S 66) and-State Life, Health Insurance and Variable Products lines. Attend Financial Advisor, Associate, Financial Planning, Advisor, Financial, Asset Manager, Banking

  • Director of Financial Reporting

    2 days ago

    Raleigh, United States Crump Life Insurance Svcs Inc Full time

    Director of Financial Reporting & Consolidations - Truist Insurance Holdings page is loaded Director of Financial Reporting & Consolidations - Truist Insurance Holdings Apply locations Raleigh, NC time type Full time posted on Posted 3 Days Ago job requisition id R0084794 The position is described below. If you want to apply, click the Apply button at the...

  • Finance Manager

    3 weeks ago

    Raleigh, United States Creative Financial Staffing Full time

    Join the financial revolution with our client, where numbers meet innovation in the heart of Raleigh, NC. They are on the lookout for a Finance Manager to bring their financial prowess and a sprinkle of fun to the client's dynamic team. Innovate & Elevate: Dive into an environment that breathes innovation and values your fresh ideas. Career Thrills:...

  • Interim Accounting Manager

    4 days ago

    Raleigh, United States Creative Financial Staffing Full time

    We are currently seeking an experienced Interim Accounting Manager to join our team. This role will be responsible for overseeing the day-to-day accounting functions of the company on an interim basis, ensuring accuracy, compliance, and efficiency in financial operations. The Interim Accounting Manager will play a crucial role in maintaining financial...

  • Interim Accounting Manager

    4 hours ago

    Raleigh, United States Creative Financial Staffing Full time

    We are currently seeking an experienced Interim Accounting Manager to join our team. This role will be responsible for overseeing the day-to-day accounting functions of the company on an interim basis, ensuring accuracy, compliance, and efficiency in financial operations. The Interim Accounting Manager will play a crucial role in maintaining financial...

  • Accounting Manager

    2 weeks ago

    Raleigh, United States Creative Financial Staffing Full time

    Creative Financial Staffing is working with a fast-growing organization to identify an Accounting Manager. Why Work Here? Our client is a rapidly growing service company that needs a leader for their accounting department They are an employee-owned company (ESOP) where all employees receive ownership shares The company understands the need for...

  • Financial Specialist Sr. Managed Care Contracting

    4 days ago

    Raleigh, United States WakeMed Full time

    About WakeMed: Serving the community since 1961, WakeMed Health & Hospitals is the leading provider of health services in Wake County. With a mission to improve the health and well-being of our community, we are committed to providing outstanding and compassionate care. For more information, visit . EOE Position Information: The Financial Specialist Sr....

  • Manager Audit

    3 weeks ago

    Raleigh, North Carolina, United States First Citizens Bank Full time

    Overview: This position will lead and manage internal audits of the SEC reporting processes, including consolidated financial statements, disclosures, and other filings to ensure adherence to Generally Accepted Accounting Principles (GAAP) and SEC rules and regulations.   Responsible for leading and managing internal audits of the technical accounting...

  • Finance Director, Forecasting and Reporting

    3 weeks ago

    Raleigh, United States Levitate Full time

    Levitate's employees share a very important mission and goal: helping small businesses grow and thrive. We all contribute to this goal in unique ways, and that's why we prioritize helping our staff identify their strengths and find genuine fulfillment in their roles. Across every team and department at Levitate, you'll find friendship, enthusiasm,...

  • Client Service Associate

    1 week ago

    Raleigh, United States Envestnet Full time

    DescriptionEnvestnet is seeking a passionate and talented Client Service Associate - Tamarac Reporting to join our Service team. This position is expected to report to either our Berwyn, PA or Raleigh, NC office. Envestnet is transforming the way financial advice and wellness are delivered. Our mission is to empower advisors and financial service providers...

  • Finance Director, Forecasting and Reporting

    3 weeks ago

    Raleigh, United States Levitate Full time

    Levitate's employees share a very important mission and goal: helping small businesses grow and thrive. We all contribute to this goal in unique ways, and that's why we prioritize helping our staff identify their strengths and find genuine fulfillment in their roles. Across every team and department at Levitate, you'll find friendship, enthusiasm,...

  • Director Financial Clearance

    3 weeks ago

    Raleigh, United States WakeMed Full time

    Job DescriptionAbout WakeMed:Serving the community since 1961, WakeMed Health & Hospitals is the leading provider of health services in Wake County. With a mission to improve the health and well-being of our community, we are committed to providing outstanding and compassionate care. For more information, visit www.wakemed.org.EOEPosition Information:The...

  • Chief Financial Officer

    3 weeks ago

    Raleigh, United States LifePoint Health Full time

    Are you a finance leader with a passion for healthcare? Do you thrive in a collaborative, team-oriented environment ? Raleigh General Hospital is seeking a dynamic Chief Financial Officer (CFO) to join our leadership team and help drive our mission of providing exceptional healthcare services to our community. Located in Beckley, West Virginia, Raleigh...

  • Financial Controller

    4 weeks ago

    Raleigh, United States Career Collective Full time

    FINANCIAL CONTROLLER JOB OVERVIEW Full-time Financial Controller to oversee accounting and financial aspects for a local Architecture firm. An employee in this role should be passionate about accounting and maintaining accurate financial statements for company leadership. Reports to the Director of Operations. RESPONSIBILITIES AND DUTIES • Oversees and...

  • Director Financial Clearance

    4 weeks ago

    Raleigh, United States WakeMed Full time

    About WakeMed:Serving the community since 1961, WakeMed Health & Hospitals is the leading provider of health services in Wake County. With a mission to improve the health and well-being of our community, we are committed to providing outstanding and compassionate care. For more information, visit www.wakemed.org.EOEPosition Information:The Director Financial...

  • Senior Financial Analyst

    2 weeks ago

    Raleigh, United States Southern Bank Full time

    If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process. Full Time Regular Policy Clerical Mount Olive - Corporate Office, Mount Olive, NC, US 8 days ago Requisition ID: 1184 SOUTHERN BANK JOB DESCRIPTION REPORTS TO: Chief Accounting Officer REPORTS TO THIS...

  • Senior Financial Analyst

    4 hours ago

    Raleigh, United States ASSA ABLOY Sicherheitstechnik GmbH Full time

    Who You AreYou are a seasoned Financial Analyst looking for the opportunity to join an amazing organization, with a long history of being an industry leader. You have a strong desire to be part of a small team of accounting professionals, providing guidance and mentorship for others. As a foward-thinker, you are looking for a role that will provide you with...

  • Senior Financial Analyst

    2 days ago

    Raleigh, United States ASSA ABLOY Sicherheitstechnik GmbH Full time

    Who You Are You are a seasoned Financial Analyst looking for the opportunity to join an amazing organization, with a long history of being an industry leader. You have a strong desire to be part of a small team of accounting professionals, providing guidance and mentorship for others. As a foward-thinker, you are looking for a role that will provide you with...