Manager, Statutory Transfer Pricing
Job Summary
Job Description
What is the opportunity?
The Manager, Statutory Transfer Pricing will be part of RBC's STP Centre of Excellence (COE) assisting in the effort to ensure that RBC satisfies all global STP and finance requirements consistently and comprehensively. Statutory Transfer Pricing ensures all RBC intergroup transactions are priced at arm's length with appropriate documentation to support the associated accounting for RBC legal entity reporting. Implement business specific, enterprise wide, Statutory Transfer Pricing (STP) policies, practices and processes to comply with RBC's Statutory Transfer Pricing (STP) Policies and Procedures.
What will you do?
- Prepare analysis, calculations and entries for specific Statutory Transfer Pricing (STP) transactions (including allocations) on a monthly, quarterly and annual basis
- Oversee the processing of transfer pricing entries and allocations on a monthly, quarterly, and annual basis and confirm that the same have been processed globally using the correct transits and GL accounts.
- Prepare and oversee the invoicing and settlement processes for specific Statutory Transfer Pricing (STP) transactions on a monthly, quarterly, and annual basis as well as balance attestation processes.
- Assist in the identification and remediation of potential transfer pricing transaction gaps and the creation of new transfer pricing transactions.
- Assist in the development of automated reporting to enhance financial controls, automate manual processes and improve transparency for stakeholders
- Prepare financial analyses for business reviews.
- Prepare Tax supporting documents for specific Statutory Transfer Pricing (STP) transactions.
- Ensure that the process is well documented and suggest key improvements to make it more efficient and accurate.
What do you need to succeed?
Must-have
- 3+ years of post-qualification experience preferably with experience in the financial services industry.
- Accounting designation (CA, CPA, etc), MBA or equivalent education.
- Proficient in MS Excel
- Technologically savvy, adept with new tools (i.e. Oracle)
- Basic knowledge of international corporate taxation.
- Team player able to work as part of a global team headquartered is in Canada
- Exceptional verbal and written communication skills.
Nice-to-have
- Working knowledge of financial and managerial accounting systems within RBC would be an asset.
- Ideally, will have worked in a big 4 accounting firm in the financial services industry and/or at RBC.
- Experience with Oracle technology
Job Skills
Accounting, Detail-Oriented, Financial Accounting Systems, Financial Recordkeeping, Financial Reporting and Analysis, General Ledger Administration, Generally Accepted Accounting Principles (GAAP), Transfer PricingAdditional Job Details
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