Manager, TI Finance Advisory
RBC Capital
Job Description
What is the opportunity?
Supporting the CFO of the Cloud and Intelligent Operations (CIO), Shared Platform Services (SPS) and Operations Excellence (OE) the incumbent will proactively manage the finance advisory and support activities in driving value to the organization. Become an integral part of the towers and assist them in managing their financial goals, meeting plan and efficiency management targets, and implementing business strategies and initiatives. Be result oriented and ensure the execution of the day to day activities.
What will you do?
- Responsible for the support in execution of end-to-end financial support of Cloud and Intelligent Operations (CIO), Shared Platform Services (SPS) and Operations Excellence (OE) Towers through: financial planning, budgeting and forecasting, monthly monitoring, reporting and variance analysis, identify opportunities and validation of cost/efficiency management initiatives, new business case analysis (PARs), the tracking of approved business case spend (project tracking) and spend with large vendors (contracts / SOWs).
- Deepen relationship with TI/Business Managers through regular interaction to ensure their ownership and accountability of their budget and to assist them in optimizing the costs under their purview.
- Provide monthly analysis of progress against Plan/Forecast including tracking project costs and cost management initiatives. Collaborate with the Performance Management (PM) teams in ensuring all deliverables are met and TI commentary is insightful and articulated clearly.
- Responsible for identifying and understanding the cost drivers of the towers including but not limited to the volume growth comparison to cost growth and establishing metrics surrounding drivers to track business performance.
- Responsible for encouraging and embedding a culture of financial discipline in the infrastructure teams supported by this position through proactive communication, education and utilization of various financial processes and tools.
- Responsible for ensuring overall framework of compliance with large vendor contract PARs, building understanding of key financial contract terms, and reporting on related expenses and credits.
- Ensure that the monthly deliverables are completed in a timely manner.
- Work independently to identify governance, efficiency management, financial process issues; and proactively work to address them by engaging cross-functional expertise as required.
- Proactively look for the ways for automation, standardization and removing any redundancies in financial processes within Finance and TI.
- Other duties as assigned – in a constantly evolving role which requires constant pivoting and realignments.
What do you need to succeed?
Must Have
- 3+ years’ experience in relevant finance/accounting capacity
- Advanced Excel and PowerPoint capabilities
- Excellent analytical, critical thinking and problem solving capabilities
- Strong advisory and communication capabilities
- Good business acumen, and presentation skills
- Process improvement mindset
- Excellent collaboration capability
Nice to Have
- Finance Designation Preferred – MBA, CA, CMA or CGA
- Knowledge / Background in the Technology environment
- Excellent knowledge of RBC’s Financial Systems and processes
Job Skills
Accounting, Decision Making, Financial Planning and Analysis (FP&A), Financial Reporting and Analysis, Results-OrientedAdditional 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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