What is the opportunity?

The Senior Manager, Cost & Budget Management leads and provides oversight for key activities that enable the effective and efficient operation of a Technology Infrastructure (TI) Business Unit. This role is a key resource to the TI Business Unit Executive (VP) and the Senior Management Team and is responsible for the financial management functions.

What will you do?

Financial governance, planning, monitoring, and reporting:

• Collaborate with Finance to manage the creation and management of the Group Operating Plan, including, Annual budget and forecasts; 2-year plan or rolling forecast; tracking actuals vs plan; spend vs budget; progress against plan; financial forecasting to transit Managers; FTE, contractors and professional fees budget; track group savings/cost containment/cost avoidance etc.

• Perform necessary reporting to satisfy all Business and Finance requirements.

• Work with the respective Business Unit leads to identify cost saving opportunities and optimization initiatives.

• Provide financial analysis for business cases (as required)

• Collaborate with Finance Teams globally to improve data integrity of the financial records.

• The role collaborates with financial advisors and supports Senior Leadership to ensure timely review of financial results.

• Preparation and execution of financial transactions.

Expense Management:

• Support the financial approval process within TI by providing the required financial detail, one-page Executive summaries for the processing of charges.

• Managing the sub-ledger for the business being supported including all data input and monthly reconciliations.

• Provide financial management support for projects and key initiatives.

• Build and maintain a cost management framework for a repeatable and scalable process.

• Support all ad-hoc Technology Infrastructure (TI) requests through-out the year.

Analytics:

• Determine and assess cost drivers within the Tower to support analysis on cost trends and build out monthly and quarterly financial packages to be shared with senior leaders across Finance and TI.

• Work directly with the Director, Business Operations building out annual plans aligned with the business strategy, leveraging both internal and external factors that impact TI.

• Identify / Report on key financial metrics to present overall TI’s financial story including efficiency metrics, TI cost and workforce composition.

Business Operations:

• Support the charge-out planning process with Service Owners and Business Offices to ensure accurate charge-out to the various Lines of Business (as required)

• Partner with Finance and Department Managers to ensure that NIE drivers / charge-out views are aligned to support messaging to RBC’s Lines of Business.

What do you need to succeed?

Must-have:

• In-depth knowledge of financial processes and systems.

• 5 – 7 years of experience in Finance.

• Organizational and planning skills.

• Business acumen.

• Attention to detail.

• Excellent communication skills and experience working with an Executive audience.

Nice-to-have:

• Bachelor’s degree (Business Administration (BBA), Accounting (BAcc) or Commerce (BCom))

• MBA or Accounting Designation

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.

• A world-class training program in financial services.

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Job Skills

Business Appraisals, Business Finance, Business Process Design, Business Process Modeling, Configuration Management (CM), Corporate Finance, Implementation, Requirements Analysis, Workflow Analysis

Additional Job Details

330 FRONT ST W:TORONTOTORONTOCanada37.5Full timeTECHNOLOGY AND OPERATIONSRegularSalaried2025-05-262025-06-13

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.