Financial Reporting Manager jobs in Durham, NC

What is the Opportunity?

• Ensure financial information for RBC Bank is complete and prepared timely and accurately for internal and external stakeholders
• Prepare, examine, and analyze financial information, transactions and records to assess accuracy, completeness, and compliance with accounting and enterprise standards.
• Ensure RBC Bank maintains a strong internal control environment over financial reporting and drive the timely execution, monitoring and assessment of controls and deficiencies

What will you do?

• Lead the month-end financial close (25%)
  • Maintain the master check-list of activities and ensure all activities are completed timely
  • Ensure compliance with accounting procedures and policies
  • Review and approve journal entries from finance team
  • Review and approve reconciliations
  • Prepare or review consolidated monthly/reporting package
  • Provide advice and counsel to other teams on accounting matters and transactions
  • Present financial results to the Chief Financial Office
• Direct accountability to prepare, analyze and present the annual financial statements (15%)
  • Lead the preparation of financial statements and notes with direct accountability for accuracy, completeness and compliance with accounting standards
  • Gather information from subject-matter experts including clearly articulating the requirements and developing procedures to assess accuracy and reasonableness of information received
  • Complete disclosure checklist and peer comparisons
  • Coordinate stakeholder reviews and incorporate comments
  • Work directly with external auditors as required and resolve issues
• Accountability for regulatory reporting (30%)
  • Collaborate with New York reporting team on issues, policies, procedures and new requirements
  • Prepare and/or provide oversight to regulatory reports filed directly by RBC Bank or submitted to the holding company (Examples: Call Report, Y-9C, FR-009, CCAR, FR Y-15)
  • Maintain reporting procedures and ensure alignment with protocols established by RBC USA Holdco
  • Prepare/review - Review and Challenge packages
• Lead the activities and processes to ensure internal controls over financial reporting are operating as designed (15%)
  • Provide direct oversight over Finance financial reporting controls and report status of operating effectiveness
  • Provide insights to control owners to gain efficiencies while maintaining the risk profile
  • Assess deficiencies and provide results/recommendations to senior management
  • Support compliance with data governance and management policies and procedures (data domains, CDEs, data quality rules, etc.)
  • Remain current on changes in the accounting and audit procedures
• Lead the preparation and/or oversight of various head office templates and reporting packages and ensure compliance with enterprise standards (10%)
  • Maintain supporting documentation and ensure items are submitted timely
  • Ensure new requirements are analyzed, data requirements are clearly communicated and procedures updated
• Analyze new accounting guidance and impact to RBC Bank including preparing and presenting updates to senior management (5%)
• Provide support to:
  • Performance management on activities such as business cases
  • Planning and Forecasting and 1st Line Data Governance
  • Accounts Payable
  • Accounting

Managerial Excellence

• Ensure that employees understand RBC vision, as well as support and reinforce targeted behaviors that contribute to RBC goals
• Provide focus and clarity in establishing individual goals, driving performance management, supporting career development and rewarding strong performance
• Leverage the value in unit, department, and enterprise wide teams to develop better solutions and achieve a cross enterprise mindset
• Accept and successfully execute change while supporting employees through the process, and keeping them focused on business priorities

What do you need to succeed?

Basic Qualifications

• Major Accounting (CPA preferred)
• At least 7 to 10 years work experience
• Intermediate Excel/PowerPoint/Word skills
• Ability to multi-task
• Strong communication, written and presentation skills
• Strong organizational and planning skills
• Comfortable in a position affording significant daily exposure to auditors, functional heads, enterprise finance groups and other senior managers
• Experience in the banking or financial services industry
• Experience in documenting, reporting and evaluating controls
• Experience with managing/coordinating an audit relationship

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
• Opportunities to do challenging work
• Opportunities to building close relationships with clients

Job Skills

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