Job Summary
Job Description
What is the opportunity?
Take a leadership role for the implementation of business specific, enterprise wide, Statutory Transfer Pricing (STP) policies, practices and processes and certain Policy Management & Compliance efforts based on RBC’s Statutory Transfer Pricing (STP) Policies. The Senior Manager will be part of RBC’s STP Centre of Excellence (COE) assisting in the effort to ensure that RBC satisfies all global STP and related tax requirements consistently and comprehensively.
What will you do?
Oversee the Implementation team with Transfer Pricing (TP) transactions to ensure completeness and accuracy of results along with a continuous process improvement lens.Lead the team in the controlled transitioning of transactions from excel based models onto the Oracle technology solution.Lead the team in onboarding TP transactions currently maintained outside of STP into the Centre of Excellence (COE)Review and improve analysis, calculations and entries for specific Statutory Transfer Pricing (STP) transactions (including allocations) on a monthly 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 reviews of entries and variance analyses to understand the impact on business lines and legal entities.Assist in the identification and remediation of potential transfer pricing transaction control gaps and the creation of new transfer pricing transactions in conjunction with the Policy, Management and Compliance team.Ensure that the processes and operating procedures are well documented and suggest key improvements to make it more efficient and accurate.What do you need to succeed?
Must-have:
Work experience: minimum 4-6 years of post-qualification experience preferably with experience in the financial services industry.Accounting designation (CA, CPA, etc), MBA or equivalent education.Ideally, will have worked in a big 4 accounting firm in the financial services industry and/or at RBC. Exposure / understanding of Transfer Pricing theory.Exceptional verbal and written communication skills.Team player able to work as part of a global team headquartered is in Canada.Nice-to-have:
Data analytics background would be an asset.Working knowledge of financial and managerial accounting systems within RBC would be an asset.Familiarity with financial services industry a plus, but not required (we’ll teach you the business domain knowledge!)Strong technical skills, exposure to Oracle would be an asset.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 applicableLeaders who support your development through coaching and managing opportunitiesAbility to make a difference and lasting impactWork in a dynamic, collaborative, progressive, and high-performing teamFlexible work/life balance optionsOpportunities to do challenging workOpportunities to take on progressively greater accountabilitiesOpportunities to building close relationships with clients#LI-Hybrid
#LI-POST
Job Skills
Detail-Oriented, Financial Accounting Systems, Financial Analysis, Financial Reporting and Analysis, Transfer Pricing, Variance AnalysisAdditional Job Details
Address:
180 WELLINGTON ST W:TORONTOCity:
TORONTOCountry:
CanadaWork hours/week:
37.5Employment Type:
Full timePlatform:
TECHNOLOGY AND OPERATIONSJob Type:
RegularPay Type:
SalariedPosted Date:
2025-01-09Application Deadline:
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Inclusion and Equal Opportunity Employment
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