Manager, Statutory Transfer Pricing - Toronto, Canada - Royal Bank of Canada

Royal Bank of Canada
Royal Bank of Canada
Verified Company
Toronto, Canada

1 month ago

Sophia Lee

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Sophia Lee

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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'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
Manager, Statutory Transfer Pricing (Financial Implementation)


What is the opportunity?


The Statutory Transfer Pricing (STP) Manager will be part of RBC's STP Centre of Excellence (COE) assisting in the effort to ensure that RBC satisfies all global STP and related tax requirements consistently and comprehensively.

Assist with the implementation of business specific, enterprise wide, Statutory Transfer Pricing (STP) policies, practices and processes and certain Policy Management & Compliance efforts based on RBC's Statutory Transfer Pricing (STP) Policies.

Transition the current intergroup allocation models from excel based to the Oracle technology solution.


What will you do?

  • Prepare analysis, calculations, and entries for specific Statutory Transfer Pricing (STP) transactions (including allocations) on a monthly, quarterly and annual basis.
  • Oversee the processing of transfer pricing entries and allocations on a monthly, quarterly, and annual basis and confirm that the same have been processed globally using the correct transits and GL accounts.
  • Prepare the monthly tracking spreadsheet reconciliation of transfer pricing entries. The tracking spreadsheet is used by STP Implementation and Financial Controllers to track the month end entries booking process.
  • Prepare financial analyses for business reviews.
  • Prepare Indepth reviews of entries and variance analyses to understand the impact on business lines and legal entities.
  • Assist in the identification and remediation of potential transfer pricing transaction gaps and the creation of new transfer pricing transactions.
  • Transition transactions from excel based models into the Oracle technology solution.
  • Ensure that the process is well documented and suggest key improvements to make it more efficient and accurate.

What do you need to succeed?

Must-have

  • Work experience: minimum 23 years of postqualification experience preferably with experience in the financial services industry.
  • Accounting designation (CA, CPA, etc), MBA or equivalent education.
  • Proficient in MS Excel
  • Technologically savvy, adept with new tools (i.e. Oracle)
  • Basic knowledge of international corporate taxation.
  • Team player able to work as part of a global team headquartered is in Canada
  • Exceptional verbal and written communication skills.

Nice-to-have

  • Working knowledge of financial and managerial accounting systems within RBC would be an asset.
  • Ideally, will have worked in a big 4 accounting firm in the financial services industry and/or at RBC.
  • Experience with Oracle technology
  • Programming knowledge

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.


  • 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 highperforming team
  • Flexible work/life balance options
  • Opportunities to do challenging work
  • Opportunities to take on progressively greater accountabilities
  • Opportunities to building close relationships with clients
LI-Hybrid

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Job Summary

Address:

TORONTO, Ontario, Canada


City:

CAN-NS-BEDFORD, CAN-ON-TORONTO


Country:

Canada


Work hours/week:

37.5


Employment Type:

Full time


Platform:

Technology and Operations


Job Type:

Regular


Pay Type:

Salaried


Posted Date:


Application Deadline:


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.


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