Manager, Legal Entity Financial Controls
City : Toronto
Category : Finance | Accounting
Industry : Financial/Banking
Employer : RBC
Job Summary
Job Description
What is the opportunity?
The Manager of Legal Entity Financial Controls is entitled to control over legal entities managed by (LEFC) and supports the Senior Manager, Legal Entity Financial Controls. The Manager provides valued financial control and reporting advice to internal partners and ensuring compliance with statutory and regulatory reporting for subsidiary companies.
What you will do?
- Assist with the preparation and analysis of financial statements of the assigned legal entities, ensure they are completed in an accurate and timely manner. This includes quarterly board packages and interim and year end audited financial statements with notes and analysis. Includes financial statements for Wealth Management and Personal & Commercial Banking entities.
- Preparation of monthly journal entries for the assigned legal entities
- Where appropriate manage day to day activities associated with the subsidiary i.e. cash management and investing.
- Identify various accounting issues and make recommendations
- Reconcile/explain differences between management and Statutory/GAAP reporting of the assigned legal entities.
- Assist with the interim and year end audits
- Identify Key IFRS changes and implement accordingly.
- Execute upon financial controls Participate in projects and identify opportunities to streamline and automate manual processes
- Provide guidance and support to business units on reporting issues.
What you need to succeed?
Must Have
- Strong accounting skills (CPA or equivalent) required to be able to understand the complex accounting and reporting issue
- 2+ years of financial industry experience
- Strong analytical, oral/written communication skills
- Teamwork and Collaboration skills.
- Attention to details and motivated
- Ability to multi-task due to various demands for information and tight deadlines
Job Skills
Audits Compliance, Critical Thinking, Detail-Oriented, Financial Reporting and Analysis, Industry Knowledge, Internal Controls, Knowledge OrganizationAdditional Job Details
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Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Inclusion and Equal Opportunity Employment
At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
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