Associate Director, Financial Control

About the role

Lead financial and management reporting for RBC’s U.S. Broker-Dealers (RBC Capital Markets LLC and RBC CMA Ltd.), driving strategic analytics and process optimization to enhance decision-making for senior leadership. Oversee critical financial control functions with a focus on risk mitigation and operational excellence. The candidate will have accounting and financial reporting responsibilities over the month-end close processes, as well as develop and perform financial analysis to support senior management in understanding the financial results of RBC’s U.S. Broker-Dealers.

Responsibilities

• Ensure the financial reporting and related information for the U.S. Broker-Dealers and subsidiaries are reported accurately and on a timely basis with appropriate commentary and in-depth analysis.
• Responsibility for monthly consolidation of the results of the U.S. Broker-Dealers and their subsidiaries through equity pick-up and ensuring investment in subsidiaries reconciles back to subsidiaries' equity.
• Responsibility for various RBC Head Office templates/reports at month-end, quarter-end, and year-end under IFRS and US GAAP for the U.S. Broker Dealers and subsidiaries.
• Lead the annual financial statement audits for the U.S. Broker-Dealers, including planning, footnote disclosures, workpapers compilation, and serving as point person for audit inquiries.
• Drive an effective control environment over financial reporting via appropriate controls documentation and execution.
• Review reconciliations of general ledger balances including suspense, intergroup, eliminations, etc.; coordinate the investigation and resolution of discrepancies on a timely basis.
• Oversee attestation packages and review related reconciliation processes for the monthly Standards of Documentation package, including establishing control enhancements to reduce errors.
• Compile the Finance Month-end SOX memo to disclose significant issues and non-routine adjustments discovered during the month-end close.
• Support internal audit process with the maintenance of SOX controls/compliance requirements by serving as point person for audit inquiries and SOX walkthroughs.
• Drive efficiency through AI and process automation initiatives (e.g., Alteryx) to streamline financial reporting workflows.
• Lead finance transformation initiatives to integrate finance ERP systems, automation, analytics, and optimize the finance operating model and processes.
• Provide support for the implementation of new accounting standards/updates under IFRS and US GAAP.
• Support various ad hoc inquiries and requests as needed.
• Drive performance and accountability by setting clear, bold, ambitious team and individual goals that align to organizational priorities, including simplifying work and removing barriers.
• Ensure that employees understand RBC’s purpose, values, and behaviors that elevate the team’s collective performance with measurable outcomes.
• Promote a safe, inclusive, and accessible environment that brings out the best in people and reinforces a sense of belonging, trust, and well-being.
• Contribute to an exceptional employee experience through strong people leadership practices that invest in potential, give honest feedback, and remove barriers to performance.

Requirements

• Minimum 7 years’ experience within a financial services/broker dealer environment.
• CPA preferred.
• Advanced degree in Accounting, Finance, or Business a plus.
• Proficient knowledge of US GAAP and IFRS accounting requirements.
• General understanding of SEC and FINRA regulatory reports.
• Experience leading teams and influencing across a global-matrixed environment.

Skills

• Strong financial and analytical skills.
• Clear, confident communicator with the ability to distill complexity into actionable insight.
• Strong operational discipline with a bias toward execution, accountability, and enhancing controls.
• Strong collaboration and relationship management skills.
• Accounting, Accounting Finance, Decision Making, Financial Planning and Analysis (FP&A), Long Term Planning, Oral Communications, Organizational Savvy and Politics, Strategic Thinking, Team Management, Time Management.

Benefits

• 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.
• A world-class training program in financial services.
• Flexible work/life balance options.
• Opportunities to do challenging work.

Pay

The good-faith expected salary range for the above position is $120,000 - $200,000 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 a paid time-off plan.

Schedule

• Work hours/week: 40
• Employment Type: Full time

Location: Goldman Sachs Tower, 30 Hudson Street, Jersey City, United States of America.