Job Description

Come Work with Us!

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\xe2\x80\x99re 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 Manager, Real Estate Advisory Finance



What is the opportunity?

The Senior Manager, Real Estate Advisory Finance is responsible for end-to-end accounting, advisory and analysis of enterprise occupancy costs. The successful incumbent will work collaboratively with Financial Control team to ensure that accounting for occupancy costs is GAAP compliant including supporting the Functions Financial Control team in the cyclical review of the material IFRS 16 lease balances and real estate fixed assets.

As the Senior Manager, Real Estate Advisory Finance, you must be a subject matter expert in many aspects of Real Estate. You will proactively support the identification and resolution of complex real estate accounting and taxation issues such as implementation of new Accounting Standards, while leading efforts to ensure continued compliance with accounting policy, as well as analyzing and communicating impacts to other stakeholders.

What will you do?

Provide proactive advice to senior management on business performance, cost trends, early warnings, savings opportunities, business case and decision support.

Lead and innovate the occupancy cost business planning / forecasting process, including the development and maintenance of qualitative and quantitative performance measures.

Manages business change initiatives for enterprise occupancy.

Ensure the integrity, accuracy, completeness of financial information including the allocation of enterprise occupancy costs to business platforms.

Coordinate financial analysis on ad hoc project/requests as assigned.

Manage, maintain, and enhance the charge-out/recovery process for the enterprise occupancy costs.

Primary liaison for Platform senior managers for understanding and explaining occupancy charge-outs and costs to various platforms.

Manage, maintain, and enhance the enterprise occupancy vendor relationship, liaising with the finance component of our service providers.

Provide financial subject matter expertise for assessment, analysis, tracking of opportunities and outcomes of real estate projects.

Coordinate project financial analysis and vendor relationship supporting Cable Infrastructure Management (CIM) projects.

What do you need to succeed?

Must Have:

Accounting designation (CPA preferred)

Solid understanding of accounting principles, financial reporting, and finance systems

Professional communication, presentation, and interpersonal skills

Comfortable working with senior management and executives

Ability to manage multiple priorities in an environment with tight deadlines

Highly proficient with MS Excel (graphs, pivot tables, vlookups) and PowerPoint (creating presentations from scratch)

Must be an independent worker and thinker, as well as demonstrate a team-oriented spirit

Nice to Have:

5+ years of related finance experience, within a consulting, engineering, or corporate Real Estate environment and or RBC specific experience

Extensive knowledge of IFRS 16 lease accounting

What\xe2\x80\x99s 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.

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

Flexible work/life balance options

Opportunities to take on progressively greater accountabilities

Access to a variety of job opportunities across business and geographies

Job Summary

Address: TORONTO, Ontario, Canada

City: CAN-ON-TORONTO

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: Office of the CFO

Job Type: Regular

Pay Type: Salaried

Posted Date: 2023-08-04

Application Deadline: 2023-08-12

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.

Royal Bank of Canada