Senior Financial Analyst

Posted 14 Days Ago
Minneapolis, MN
110K-180K Annually
Senior level
Fintech • Insurance
The Role
The Senior Financial Analyst conducts variance analysis, develops financial models, prepares financial reports, and supports budgeting and forecasting processes. This role involves mentoring junior analysts and driving process improvements while communicating insights to senior management.
Summary Generated by Built In

Job Summary

Job Description

What is the Opportunity?

The Senior Financial Analyst serves as a key partner to RBC US Wealth Management business leaders by providing expertise in the analysis, measurement and communication of financial and non-financial objectives and making recommendations regarding the financial management of the business.

What will you do?

  • Conduct detailed variance analysis and provide actionable recommendations.

  • Develop, maintain, and improve complex financial models.

  • Support strategic initiatives and long-term planning efforts.

  • Prepare and review journal entries and perform other month-end activities.

  • Work closely with Financial Control to understand/improve accounting procedures and practices related to revenue booking, expenses, data uploads and balance reconciliations.

  • Review balances for reasonableness and accuracy.

  • Lead the preparation and analysis of monthly, quarterly, and annual financial reports.

  • Present financial results and insights to senior management.

  • Organize and manage the budgeting and forecasting processes, ensuring alignment strategic objectives.

  • Drive process improvements and implement best practices in financial reporting and analysis.

  • Mentor and guide junior analysts, fostering a culture of continuous improvement.

What do you need to Succeed?

  • Bachelor’s degree in finance or accounting

  • 5-7+ years of experience in financial analysis

  • Demonstrated experience in budgeting, forecasting, and financial modeling.

Competencies

  • Advanced Analytical Skills: Expertise in financial modeling, data analysis, and interpretation of complex financial information.

  • Strategic Thinking: Ability to understand and influence strategic business decisions through financial insights.

  • Communication Skills: Strong presentation and communication skills to effectively convey financial information to senior management and stakeholders.

  • Technical Proficiency: Advanced proficiency in Microsoft Excel and experience with financial software / systems.

  • Leadership: Capability to lead projects and mentor junior team members.

  • Problem-Solving: Advanced problem-solving skills to address complex financial issues and provide strategic recommendations.

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

    The good-faith expected salary range for the above position is $65,000 - $115,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

    RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

    · Drives RBC’s high performance culture

    · Enables collective achievement of our strategic goals

    · Generates sustainable shareholder returns and above market shareholder value.

    #LI-Hybrid

    #LI-POST

    Job Skills

    Accounting, Annual Budgeting Process, Business, Communication, Decision Making, Finance Strategy, Financial Analysis, Financial Planning and Analysis (FP&A), Financial Reporting and Analysis, Leadership, Management Reporting, Results-Oriented

    Additional Job Details

    Address:

    250 NICOLLET MALL:MINNEAPOLIS

    City:

    Minneapolis

    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:

    2024-12-11

    Application Deadline:

    2025-02-28

    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.

    Join our Talent Community
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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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