Manager, FP&A, Performance Reporting Optimization (Fixed Term)

Job title: Manager, FP&A, Performance Reporting Optimization (Fixed Term)

Company: Royal Bank of Canada


Job description: Job SummaryJob DescriptionAbout RBCxRBCx pursues big, bold ideas and leverages RBC’s extensive experience, networks, and capital to help shape what’s next. Our four pillars – Banking, Capital, Platform, and Ventures – combine to support tech businesses of all sizes and stages, making us the go-to backer of Canadian innovation. Our people are our most valuable assets, so we invest deeply in ensuring RBCx isn’t just a place to work but a place to belong.What is the opportunity?We’re seeking a Financial Planning & Analysis (FP&A) Manager to drive our performance reporting practice and own related optimization initiatives. This role will focus on developing and executing a roadmap to enhance our record-to-report processes, mapping and transforming data into information that is actionable or deepens understanding of options or potential trade-offs for decision-makers across our portfolio/ventures and technology teams.What will you do?Performance Reporting and Analysis

• Develop and maintain consolidated ventures and technology rolling financial forecasts for scenario analysis
• Identify opportunities and risks in financial projections vs. plan to guide strategic decision-making
• Refine processes to make surfacing insights from non-interest expense (NIE) earlier and faster, and drive the build-out of robust cash reporting processes

Financial Planning and Budgeting

• Lead data aggregation, management and ‘pressure testing’ vs. historical actuals for NIE in the annual planning and budgeting processes in collaboration with Ventures and Technology Finance Leads
• Advise senior leadership on the setting of ambitious and achievable financial targets, surfacing key metrics or growth/leverage ratios and other potential macro factors

Process Optimization

• Own, improve or automate monthly close and recovery process for technology organization (also critical in accurate rolling financial forecast build)
• Simplify and automate dashboard refreshes for ventures’ scale-up metrics
• Own and enhance Technology and SaaS vendor licenses and related forecasting processes
• Identify, recommend, and implement ongoing process improvements

Strategic Support

• Partner with Business, Finance, and Engineering leaders and functional partners across the broader banks’ CFO, Risk, Tax and Treasury teams to improve workflows and governance
• Support M&A reporting activities and process improvements
• Provide strategic or operational finance support if needed based on work intake and team or venture capacity

What would you need?Must Haves:

• 5+ years of experience in finance, accounting, or business process improvement or related experience in a high growth SaaS or technology company
• Experience with project work related to new financial or reporting process implementation
• Strong analytical skills and attention to detail
• Ability to interpret complex financial information and provide actionable insights
• Proactive mind with bias on action

Nice to Haves:

• Strong understanding of income statement integrity and accounting processes
• Pursuing or completed CPA or CFA designation (preferred)
• Excellent communication and collaboration abilities

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 in our communities, and achieving mutual success.A comprehensive Total Rewards ProgramThe opportunity to learn about the business models of a variety of ventures and RBC external partnersLeaders who support your development through coaching and managing opportunitiesAbility to make a difference and lasting impactWork in an agile, collaborative, progressive, and high-performing teamThe opportunity to interface with senior-level executives from many different parts of the organization#VSOPERATIONS
#RBCx#LI-SPJob Skills Accounting Finance, Budgeting, Decision Making, Detail-Oriented, Financial Instruments, Financial Services Industry, Financial Statement Analysis, Group Problem Solving, Knowledge Organization, Results-OrientedAdditional Job DetailsAddress: 20 KING ST W:TORONTOCity: TORONTOCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: PERSONAL & COMMERCIAL BANKINGJob Type: Contract (Fixed Term)Pay Type: SalariedPosted Date: 2025-02-27Application Deadline: 2025-03-15Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveInclusion and Equal Opportunity EmploymentAt 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 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: Toronto, ON

Job date: Sat, 01 Mar 2025 03:47:43 GMT

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