Associate Director, Wholesale Platform Finance, Controls & Governance

Job SummaryJob DescriptionWhat is the opportunity?The Associate Director, Wholesale Platform Finance, Controls & Governance will act as Accounting advisor and provide oversight and accounting advisory to the Wholesale platform. They will seek out opportunities to improve operational accounting processes and drive consistency of financial reporting globally. In addition, they will lead operational accounting projects and cross-enterprise initiatives on behalf of the Wholesale platform, liaising and collaborating with various stakeholders both within and outside of the platform. This is a great opportunity for those who are interested in being the key point of contact with internal/external auditors and all regional Financial Controllers to effectively manage quarterly reporting processes, including key SOX controls.What you will do?Coordinate and lead the CM and I&TS Platform (the Platform) in the management of the implementation of new IFRS accounting projects by:Developing project plans, and collaborating with the Global Wholesale Finance team to set up and achieve and setting and meeting milestones in accordance with the planned objectives.Lead end-to-end implementation of new accounting requirements on behalf of the platform, including education, monitoring, and communications, acting as a challenge function, and ensuring appropriate documentation.Initiates and coordinates discussions to drive accounting projects and initiatives forward and through issue life-cycle of identification, to implementations and operationalization.Managing committees and working groups, regional financial control units, and the Accounting Policy Group (APG), Statutory & Regulatory Reporting (FRR), and Audit.Initiating and leading education sessions, group meetings, acting as a challenge function. Lead end-to-end implementation of new accounting requirements on behalf of the platform, including education, monitoring, and communications, acting as a challenge function, and ensuring appropriate documentation.Researching, and providing technical accounting guidance, as well as addressing specific technical accounting queries raised by multiple stakeholders; including communication to senior management globally through issue life cycle from identification to implementation and monitoring, and consideration of existing policies and controls.Act as a liaison and subject matter expert on all topics relating to new Financial Instruments standards, including classification decisions, disclosure requirements, and proper accounting for transactions.Lead the Platform in updating, revising and clarifying existing accounting policies as written by APG, including interpretations of complex accounting issues;Provide leadership on quarterly external disclosure requirements, including the impact of regulatory changes.In the execution of the above responsibilities, the incumbent will act as the liaison between the Platform (including regional financial control units) and APG and FRR, as well as other teams (e.g. Operations, GRM, Tax etc.) in discussing and resolving technical accounting issues, implementation of new accounting requirements, and quarterly or annual external financial reporting requirements.What you need to succeed?Must Have3 years of high level involvement in Financial reportingAccounting designation (CA, CPA, CMA)Solid understanding of external disclosure requirementsSome exposure to accounting policy / technical accounting analysisJob SkillsAccounting, Accounting Finance, Decision Making, Financial Planning and Analysis (FP&A), Long Term Planning, Oral Communications, Organizational Savvy and Politics, Strategic Thinking, Team Management, Time ManagementAdditional Job DetailsAddress:ROYAL BANK PLAZA, 200 BAY ST:TORONTOCity:TORONTOCountry:CanadaWork hours/week:37.5Employment Type:Full timePlatform:Office of the CFOJob Type:RegularPay Type:SalariedPosted Date:2024-04-10Application Deadline:2024-05-10Inclusion and Equal Opportunity EmploymentAt 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 CommunityStay 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.