Senior Manager, Finance Advisor

What is the opportunity?

The Senior Manager, Finance Advisor is a key business and finance contact/expert on all Insurance (Canada and International) expenses at the entity, line of business, and product level.
The incumbent will be an expert on expense allocations, collaborating with internal and external teams to ensure allocations are reasonable and reflective of business, controls are in place, and processes are documented; and support core finance activities (planning, month end, reporting, process streamlining) as relates to entity, line of business and product level expenses.

What you will do?

• Primary contact for business and finance partners on allocated expenses
• Draws on expense expertise to provide advice, analysis and reporting to finance, business, and senior management, to improve decision making, including highlighting trends, risks and opportunities, as related to entity, line of business and product level expenses.
• Develops new, drivers based, financial metrics and insights.
• Leads the annual cost study process, collaborates with business to educate and ensure allocation assumptions reflect the underlying business, reviews results for reasonability, collaborates with GRM to ensure requirements are met and understood, and explains/presents results to finance, business and senior management.
• Provides regular reporting to finance & P&L owners to provide transparency on entity, line of business, and product level expenses, while continuously enhancing reporting to be drivers based.
• Leads planning and forecasting as relates to entity, line of business and product expenses, ensuring reasonability of results, and explains/presents results to finance, business and senior management.
• Identifies areas where processes can be improved and implement changes as necessary to streamline processes and reporting.
• Support business and finance partners in the development of business cases /PAR's

What you need to succeed?

Must Have

• CPA, MBA or other
• A solid understanding of Insurance system Accounting
• Experience in expense analysis, reporting and forecasting
• Business Advisory experience with the proven ability to communicate complex concepts concisely to technical and non-technical audiences, in written and verbal forms, and to Senior Management
• Strong conceptual, analytical, and problem solving skills
• Comfort with delegation of tasks to individuals both inside and outside direct area of influence
• Self-initiated & self-starter with a strong work ethic
• Teamwork, collaboration, and co-operation is a requirement

Job Skills

Additional Job Details

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.