Job Summary

Job Description

What is the opportunity?

As the Senior Manager, Auditor Independence, you will help to drive transformation of the Auditor Independence function to streamline activities while mitigating risk. You will develop materials supporting the Audit Committee of the Board of Directors of the Bank in their oversight of our external auditors, including the audit plan, audit fees, and evaluation of the external auditors based on quality of service, independence, objectivity, and expertise. You will also play an integral role managing the day-to-day audit relationship and assisting in fee discussions in partnership with the Finance and Procurement teams.  You will also play a key role in our accounting policy team with a focus on our quarterly disclosures.  This is a critical role within RBC’s Enterprise Finance department and is an ideal position from which to develop an understanding of RBC’s significant business issues, build leadership skills and develop strong relationships across the Bank.

As part of the Chief Accountant’s Group in our Toronto head office, you will be part of a collaborative team culture that strives to challenge ourselves to be our best, think progressively to keep growing, and work together to deliver collective results. 

You would be a great match for this role if you have experience navigating complex business issues and/or independence matters and enjoy re-imagining processes. You might describe yourself as a self-starter, are able to investigate issues in detail, step back and understand the business lens at a birds eye view, and can effectively communicate difficult concepts in a concise manner.

What you will do?

Provide oversight of and insights into our audit and audit-related fees by entity:Foster trust and cross-functional efficiencies through effective collaboration with key contributors across Finance and other functional groups, including Procurement and Human Resources and our external auditorDevelop strategies and perform analysis to support the fairness of fees charged by our auditorsManage day-to-day engagement trackingProvide critical support, including through the development and/or review of materials, to the Audit Committee of the Board of Directors of the Bank in their oversight of our external auditors, including the audit plan, audit fees, and evaluation of the external auditors based on quality of service, independence, objectivity, and expertiseExposure to senior executives as you guide them through the review process and address any feedback in a constructive and timely mannerEnsure communications are effective, concise and timely, addressing key audit requirements across the bankHelp to drive a transformation of the Auditor Independence function to streamline activities while mitigating riskOwn the process and bring your unique perspective to set ambitious goals, implement process improvements and challenge the status quo while fostering strong partnershipsEnsure accuracy and quality of disclosures in Financial Statement Notes and sections of Management’s Discussion & Analysis with effective challenge, lead discussions with external auditors where applicableFoster team building, trust and cross-functional efficiencies through effective collaboration with key contributors such as External Reporting, Financial & Regulatory Reporting, and Investor Relations

What do you need to succeed?

Must-have

Chartered Professional Accountant designation6+ years of working experienceExperience with financial reportingStrong analytical, organizational and problem-solving skills - ability to manage multiple priorities and lead independently, while knowing when to escalate and ask for support.Strong attention to detail and accuracyExcellent written and verbal communication skills, including ability to communicate effectively to senior executives, presenting accounting items in a commercial contextCuriosity to learn new ways to do things, including new technologies and tools, willingness to challenge the status quo, and ability to drive process improvements and efficienciesStrong interpersonal skills – specifically, able to act as change agent, facilitator and collaboratorProactive and forward-thinking approach

Nice-to-have   

Working knowledge of auditor independence rulesPrevious experience with managing the external auditor relationship is highly beneficialStrong understanding of accounting, legal and financial institutions’ disclosure requirementsExperience with reporting tools such as Tableau, Workiva, etc.

Job Skills

Accounting Policies, Audits Compliance, Critical Thinking, Detail-Oriented, Financial Regulation, Financial Reporting and Analysis, Industry Knowledge, Internal Controls, Knowledge Organization, Personal Initiative

Additional Job Details

Address:

20 KING ST W:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

OFFICE OF THE CFO

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-01-24

Application Deadline:

2025-02-10

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

Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.

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.