Cost Analyst (Contract)

Job title: Cost Analyst (Contract)

Company: Royal Bank of Canada


Job description: Job SummaryJob DescriptionWhat is the opportunity?The role will work within the Capital Markets, BCS, Business Management, Trade Expense Management team and be responsible for the timely and efficient processing of all 3rd Party Trade Execution Invoices through the implemented global central utility (REVPORT). The incumbent will work closely with the Control and Governance and Business Support Functions within the team to ensure full coverage of Trade Execution invoices are processed through the system in as effective manner as possible to ensure compliance with internal and external regulation and standing orders and to additionally ensure maximum detail and transparency is made available to the businesses supported with regards to cost, volume, nominal and other attributes driving the trade expense cost base.***Please note, this is a One Year contract opportunity***What will you do?Monitor incoming mail for assigned invoices and contact vendors when expected invoices have not been receivedReconcile invoices and calculate internal business allocations following business agreed methodologyInvestigate reconciliation discrepancies and coordinate resolution with vendor and trading businessDocument variances to best practice and provide to team lead for approvalPrepare allocation templates and post to financial systemsArrange vendor payment through accounts payable or manual paymentManage special financial scenarios: accruals, prepayments, journals, etc.Prepare reports for and respond to inquiries from various parties including the trading business, product control, financial controlPerform cost analysis identifying material trends and drivers and/or opportunities for savingsPerform business analysis and testing in relation to onboarding of new invoices or enhancements to processing of existing invoicesWork on assigned projects in the areas of process improvement and automationWhat you need to succeed?Must-haveBachelor’s Degree or College DiplomaKnowledge of basic accounting conceptsAbility to communicate information to all levels of the organizationHighly organized with an attention to detail and ability to analyze informationAdvanced knowledge of Excel, VBA and SQLNice-to-have1 – 2 years experience working in a Canadian financial institutionKnowledge of the firm’s financial systems and booking processesCanadian Securities CourseCPA / CFABilingual in English and FrenchWhat’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 compensationLeaders who support your development through coaching and managing opportunitiesWork in a dynamic, collaborative, progressive, and high-performing teamOpportunities to do challenging workFlexible work/life balance optionsJob Skills Active Learning, Adaptability, Business Appraisals, Critical Thinking, Customer Service, Decision Making, Effectiveness Measurement, Operational Delivery, Process ImprovementsAdditional Job DetailsAddress: 120 WESTERN PKY:BEDFORDCity: BEDFORDCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: CAPITAL MARKETSJob Type: Contract (Fixed Term)Pay Type: SalariedPosted Date: 2025-05-16Application Deadline: 2025-05-30Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveInclusion and Equal Opportunity EmploymentAt RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.Join our Talent CommunityStay 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 .

Expected salary:

Location: Halifax, NS

Job date: Sun, 18 May 2025 00:58:30 GMT

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