Manager, Finance
RBC Capital
Job Description
What is the opportunity?
Our client is a specialist provider of asset services, custody, payments and treasury services. Founded in 1864, they are the 10th largest bank worldwide and the 5th in North America, as measured by market capitalization. They are among a small group of highly rated global banks and are recognized time and time again for our financial strength, market leadership and philanthropic work.
Our client has a processing centre of operational excellence supporting 10 countries across three geographical time zones employing a Global Operating Model to maximise efficiencies across times zones and supports a 24/5 operational capability. The objectives for Malaysia are to enhance the scalability of their global operations, improve service quality via their ‘centres of excellence’ and to implement/leverage standardised processes globally.
Region : Singapore
Working hours : 9am-6pm
What will you do?
Core responsibilities
- Manage the financial accounting records for Singapore. This includes, but not limited to: review and commentary of the non-trading P&L, monthly balance-sheet attestation and preparation of NIE and balance sheet journals.
- Responsible for preparation, review of annual and other ad hoc surveys and queries from regulator.
- Assisting the manager on external and internal audit in regulatory reporting, head office reporting and financial control.
- Embrace changes for new business initiatives, work with project teams providing input on user requirement and functional specifications, driving enhancement on reporting tools, conduct user acceptance testing and support business rollout
- Facilitate the development and roll out of Finance automated solution on Finance processes
- Manage reporting in line with RBC and statutory requirements, e.g. Standard of Documentation packages, SOX, GL attestation, home surveys, and Finance and Tax submissions to home authorities.
- Manage Intra-Group and Transfer Pricing invoices and booking of corresponding entries.
- Play a significant role in the year-end audit.
Projects
- Responsible for regulatory returns and head office reporting on project initiatives that are driven by Finance or Business and require Finance engagement, including subject matter expertise, definition for the project and guiding the team to ensure the project deliverables are met
- Responsible for current regulatory project enhancements related to new regulatory requirements or business initiatives, including performing UAT testing.
- Conduct financial data analysis and testing associated with regulatory reporting projects and process improvements.
- Responsible for system changes in relation to defects and change requests
What do you need to succeed?
Must-have
- Bachelor degree or higher; Professional Financial Accreditation (CFA, CA/CPA etc.)
- 7+ years of experience in banking/financial industry, preferably with an understanding of Wealth Management, Capital Market products and drivers
Preferred
- Experience in a Wealth Management, Capital Markets or Bank Finance Department
- Experience with Regulatory Reporting
- Functional knowledge / experience of Finance processes and controls.
- Experience in delivering process improvements across Finance.
- Knowledge of accounting policies / standards
- Advanced MS-Office skills i.e. Excel, Word, PowerPoint. Knowledge / experience with macros is an asset
What’s in it for you?
Our client thrive on the challenge to be their best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. Our client care about each other, reaching their potential, making a difference to their communities, and achieving success that is mutual.
- A comprehensive Total Rewards Program including performance-based bonuses, flexible benefits, and competitive compensation
- Leaders who support your development through coaching and managing opportunities
- A world-class training program in financial services
- A collaborative dynamic culture where personal initiative and hard work are recognized and rewarded
Job Skills
Accounting, Auditing, Confidentiality, Detail-Oriented, Financial Accounting Systems, Financial Recordkeeping, Financial Reporting and Analysis, General Ledger Administration, Generally Accepted Accounting Principles (GAAP)Additional 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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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.