Financial Accounting and Reporting Analyst

Posted 6 Days Ago
Be an Early Applicant
Raleigh, NC
Mid level
Fintech • Insurance
The Role
The Financial Accounting and Reporting Analyst leads the accounting activities for the organization, ensuring timely and accurate financial record keeping and reporting. Responsibilities include preparing financial reports, compliance with accounting standards, supporting audits, managing accounts payable, and maintaining strong internal controls. The role requires strong communication and organizational skills and involves interaction with auditors and senior management.
Summary Generated by Built In

Job Summary

Job Description

What is the Opportunity?

Leads the organization's accounting activities, including financial record keeping and reporting. Applies experience and seasoned knowledge, skills, and practices to perform a variety of assignments.

  • 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?

  • Support the month-end financial close process.
    • Ensure all assigned activities are completed timely and evidence retained
    • Ensure compliance with accounting procedures and policies.
    • Prepare journal entries within the finance team.
    • Prepare account reconciliations and recommend attestation status
    • Recommend updates to procedures
    • Prepare schedules to support the consolidated monthly/reporting package.
    • Ensure receivables from affiliates are invoiced and wires processed accurately
    • Present financial results to the Chief Financial Officer.
  • Support regulatory reporting and annual audit
    • Provide information for various internal audits
    • Gather information from subject-matter experts and assess accuracy and completeness of information provided
    • Prepare regulatory reports such as the weekly cash report and report of selected balance sheet items.
    • Work directly with external auditors as required and resolve issues.
  • Lead the accounts payable process
    • Ensure invoices submitted by supplier managers are approved per policy
    • Ensure invoices are coded to the correct general ledger and transit
    • Manage the relationship with enterprise accounts payable
  • Support the preparation of various head office templates and reporting packages and ensure compliance with enterprise standards.
    • Maintain supporting documentation and ensure items are submitted timely.
    • Ensure new requirements are analyzed, data requirements are clearly communicated and procedures updated.

What do you need to succeed?

Basic Qualifications

  • Bachelor’s Degree or equivalent combination of education and work experience
  • At least 4-6 years of related work experience
  • Intermediate MS 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.

Preferred Qualifications:

  • Bachelor’s Degree in Accounting
  • 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 build close relationships with clients

#LI-Post


#LI-Hybrid


#TECHPJ

Job Skills

Accounting, Auditing, Detail-Oriented, Finance, Financial Accounting Systems, Financial Recordkeeping, Financial Reporting and Analysis, General Ledger Administration, Generally Accepted Accounting Principles (GAAP), Regulatory Reporting, Tax Management

Additional Job Details

Address:

8081 ARCO CORPORATE DRIVE:RALEIGH

City:

Raleigh

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

OFFICE OF THE CFO

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-12-26

Application Deadline:

2025-02-21

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 embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
​​​​​​​
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.

The Company
HQ: Toronto, Ontario
88,000 Employees
On-site Workplace

What We Do

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 88,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.‎

We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities.

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