Financial Analyst
- Employer
- RBC.
- Location
- Toronto, Canada
- Salary
- Competitive
- Closing date
- Nov 15, 2019
View more
- Job Function
- Accounting/Audit/Tax
- Industry Sector
- Finance - General
- Employment Type
- Full Time
- Education
- Bachelors
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What is the opportunity?
This in an exciting opportunity to be part of FSS-Cost Allocation Services team. As a Financial Analyst, this position is responsible for the day to day operational support of Finance cost allocation models which includes the development, maintenance, production and process improvement of cost allocation models as well as the posting of entries, recoveries and reporting of costs allocations. With your expertise, you will ensure that processes are well documented as well as to work to standardize, consolidate and suggest key improvements to improve the efficiency of the models and of the team.
What will you do?
• Maintain and run assigned cost allocation models for Actual, Forecast, and Plan
• Update cost allocation models to reflect allocation rates changes and other rules provided by the business
• Identify and implement process and system improvements to improve efficiency
• Prepare and post Adjustment Capture, PeopleSoft, ADP and/or SAP allocation journal entries in an accurate and timely manner
• Provide timely and accurate monthly, quarterly, forecast and plan allocation reports to finance and business partners within established SLA parameters
• Develop and maintain detailed model documentation for assigned models
• Maintain knowledge of models for which backup responsibilities are assigned
• Follow all established governance and control processes
What do you need to succeed?
Must-have
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.
About RBC
Royal Bank of Canada is Canada's largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America's leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We have over 80,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 37 other countries. For more information, please visit rbc.com.
Inclusion and Equal Opportunity Employment
RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors. Disability-related accommodations during the application process are available upon request.
This in an exciting opportunity to be part of FSS-Cost Allocation Services team. As a Financial Analyst, this position is responsible for the day to day operational support of Finance cost allocation models which includes the development, maintenance, production and process improvement of cost allocation models as well as the posting of entries, recoveries and reporting of costs allocations. With your expertise, you will ensure that processes are well documented as well as to work to standardize, consolidate and suggest key improvements to improve the efficiency of the models and of the team.
What will you do?
• Maintain and run assigned cost allocation models for Actual, Forecast, and Plan
• Update cost allocation models to reflect allocation rates changes and other rules provided by the business
• Identify and implement process and system improvements to improve efficiency
• Prepare and post Adjustment Capture, PeopleSoft, ADP and/or SAP allocation journal entries in an accurate and timely manner
• Provide timely and accurate monthly, quarterly, forecast and plan allocation reports to finance and business partners within established SLA parameters
• Develop and maintain detailed model documentation for assigned models
• Maintain knowledge of models for which backup responsibilities are assigned
• Follow all established governance and control processes
What do you need to succeed?
Must-have
- CPA, MBA and or CFA (or working towards)
- Financial/analytical, communication (oral & written) and interpersonal skills
- Ability to manage large volumes of data with high attention to detail, using various systems
- Strong technical proficiency in Excel (Pivot tables, V&H lookups)
- Change mindset and ability to apply a process improvement lens to all BAU activities
- Proven time management, planning, organizational and problem solving skills
- Strong knowledge of RBC accounting systems and tools (EPM, Adjustment Capture and PeopleSoft) preferred
- IT skills, including, SQL, Access, ability to write macros, and robotic process automation
- Strong change management capabilities
- Previous experience in financial reporting /analysis, Transfer Pricing or cost management.
- Working knowledge of various costing techniques including allocations and Activity Based Costing (ABC)
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
- Flexible work/life balance options
- Opportunities to do challenging work
- Opportunities to take on progressively greater accountabilities
- Opportunities to building close relationships with clients
About RBC
Royal Bank of Canada is Canada's largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America's leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We have over 80,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 37 other countries. For more information, please visit rbc.com.
Inclusion and Equal Opportunity Employment
RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors. Disability-related accommodations during the application process are available upon request.
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