What are the responsibilities and job description for the Financial Accounting and Reporting Analyst position at Royal Bank of Canada?
Job Summary
Job Description
What is the Opportunity?
Leads the organization's accounting activities, including financial record keeping and reporting. Applies experience and seasoned knowledge, skills, and practices to perform a variety of assignments.
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?
Support the month-end financial close process.
Ensure all assigned activities are completed timely and evidence retained
Ensure compliance with accounting procedures and policies.
Prepare journal entries within the finance team.
Prepare account reconciliations and recommend attestation status
Recommend updates to procedures
Prepare schedules to support the consolidated monthly / reporting package.
Ensure receivables from affiliates are invoiced and wires processed accurately
Present financial results to the Chief Financial Officer.
Support regulatory reporting and annual audit
Provide information for various internal audits
Gather information from subject-matter experts and assess accuracy and completeness of information provided
Prepare regulatory reports such as the weekly cash report and report of selected balance sheet items.
Work directly with external auditors as required and resolve issues.
Lead the accounts payable process
Ensure invoices submitted by supplier managers are approved per policy
Ensure invoices are coded to the correct general ledger and transit
Manage the relationship with enterprise accounts payable
Support the preparation of various head office templates and reporting packages and ensure compliance with enterprise standards.
Maintain supporting documentation and ensure items are submitted timely.
Ensure new requirements are analyzed, data requirements are clearly communicated and procedures updated.
What do you need to succeed?
Basic Qualifications
Bachelor’s Degree or equivalent combination of education and work experience
At least 4-6 years of related work experience
Intermediate MS 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.
Preferred Qualifications :
Bachelor’s Degree in Accounting
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 build close relationships with clients#LI-Post#LI-Hybrid#TECHPJ
Job Skills
Accounting, Auditing, Detail-Oriented, Finance, Financial Accounting Systems, Financial Recordkeeping, Financial Reporting and Analysis, General Ledger Administration, Generally Accepted Accounting Principles (GAAP), Regulatory Reporting, Tax Management
Additional Job Details
Address :
8081 ARCO CORPORATE DRIVE : RALEIGH
City :
Raleigh
Country :
United States of America
Work hours / week :
Employment Type :
Full time
Platform :
OFFICE OF THE CFO
Job Type :
Regular
Pay Type :
Salaried
Posted Date :
2024-12-26
Application Deadline :
2025-02-21
Note
Applications will be accepted until 11 : 59 PM on the day prior to the application deadline date above
nclusion
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
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