Senior Accounting Analyst Jobs

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At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you’re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title

Senior Accounting Analyst

What is the opportunity?

You will provide support in the day-to-day operations of the Equipment Finance Solutions Centre (EFSC) and provide assistance in ensuring accuracy of general ledger accounts including cash and leasing related general ledger accounts. Also, responsible for contributing to the achievement of the EFSC Finance Team’s business unit and corporate objectives.

What will you do?

Reconciliations

• Point person/liaison for Sales Tax Audits for the RBC and RCAP Business lines
• Preparation of multiple daily bank reconciliations to ensure accuracy of cash posted in lease administration system and RBC’s general ledger system;
• Investigating reconciliation breaks and determining root cause by using information available in multiple systems
• Preparation of yearly CCA Continuity Schedule for the RBC Equipment Finance Line of Business
• Preparation of the monthly preparation of commission calculations with respect to RCAP originations activity and payroll file, as well as, oversight of monthly reconciliation of a subset of the businesses’ chart of accounts and generation of related supporting documentation
• Preparation of the AP reconciliation, direct deposit log, and management reports to provide coverage
• Preparation of monthly management reporting and analysis
• Other ad hoc reconciliations and/or analysis, as requested by the business and/or National Office.
• Assist FSS with reconciliation of leasing related general ledger accounts
• Preparation of compliance and regulatory reporting requirements
• Point person/liaison for FSS investigations, escalations, and root cause analysis for both the RBC Equipment Finance and RCAP lines of business
• Subject Matter Expert for EFSC Finance team and support team members in completion of their monthly and daily responsibilities
• Work with business partners to ensure quality and integrity of accounting and reporting processes while contributing to development of solutions where required

Account Payable

• Primary backup for RCAP and RBC AP transaction approvals

What do you need to succeed?

Must-have:

• Undergraduate degree or college diploma in business/accounting or equivalent experience in Leasing and/or Financial Services Industry;
• Advanced Microsoft Excel skills, working knowledge of Microsoft Access, Microsoft Word
• Reconciliation experience
• CPA Candidate

Nice to have:

• Knowledge of and experience with accounting for Leases from the Lessor perspective
• Knowledge of and experience in the Equipment Finance Industry
• Knowledge of and experience with Canadian Sales Taxes
• Experience using Peoplesoft for processing accounting transactions

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.

• Ability to make a difference and lasting impact
• Opportunities to do challenging work
• Work in a dynamic, collaborative, progressive, and high-performing team

Job Summary

Address:

BURLINGTON, Ontario, Canada

City:

CAN-ON-BURLINGTON

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

Personal and Commercial Banking

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2023-02-27

Application Deadline:

2023-05-12

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.

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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 rbc.com/careers.