• Job Description

  Req#: R-0000134933

  Job Summary

  Job Description

  What is the opportunity?

  The Finance Director (Expenses) will:

  • Provide proactive advice, insights, analysis and reporting to Executive & Senior Management on Expenses, FTE and Sales, to improve financial performance and the quality of business decisions, with a focus on efficiency, productivity, and impact to profitability.

  • Support the achievement of strategic objectives by providing financial guidance on strategic initiatives, Project Approval Requests and expense efficiency programs.

  • Responsible for expense allocations, ensuring reasonableness of allocated expenses, and the annual cost study process.

  • Lead core finance activities including Month End Close, Management Reporting, Planning and Forecasting.

  • Drive change and improvement associated with the Finance and Actuarial Transformation and adoption of IFRS17 accounting standard.

  • Team delegation, oversight and ongoing talent management.

  What will you do?

  • Key finance advisor to business partners across all products and mandates as relates to expenses.

  • Assess and advise on financial impact of initiatives and strategies often under tight timelines, including via identification of risks, agility, resolution of ambiguity, and development of mitigation strategies.

  • Accountable for the annual expense budgeting and costing study exercises.

  • Monthly / quarterly reporting and analysis.

  • Measure and report on key performance indicators with a view of trends, risks and opportunities.

  • Support Enterprise related expense initiatives.

  • Educates and collaborates with key Insurance Business leaders to identify cost drivers and allocate their costs accurately across activities and products.

  • As a member of the Insurance Finance team provide dedicated support to the multi-functional Insurance Transformation within Finance.

  • Supports the introduction of new tools and processes to enhance the sharing of financial analysis to both finance and business partners.

  • Implementation of stringent EUDA, SOX, security and other model framework controls.

  • Support regulatory reporting requirements.

  What do you need to succeed?

  Must-have

  • Business Advisory experience with the proven ability to communicate complex concepts concisely to technical and non-technical audiences, in written and verbal forms.

  • 5+ years of experience related to expenses, financial analysis, planning /forecasting, business case analysis with a solid understanding of P&L impacts.

  • Knowledge of IFRS 17 and insurance products and processes

  • CPA, MBA or other commensurate experience.

  • Proven people management skills

  Nice-to-have

  • Demonstrated leadership in driving and implementing transformational change.

  • Strong conceptual, analytical, and problem solving skills.

  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 and competitive compensation

  • Leaders who support your development through coaching and managing opportunities

  • Work in a dynamic, collaborative, progressive, and high-performing team

  • Opportunities to do challenging work

  Job Skills

  Budget Management, Communication, Financial Analysis, Financial Performance, Forecasting, Process Management, Professional Presentation, Team Management

  Additional Job Details

  Address:

  MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGA

  City:

  MISSISSAUGA

  Country:

  Canada

  Work hours/week:

  37.5

  Employment Type:

  Full time

  Platform:

  OFFICE OF THE CFO

  Job Type:

  Regular

  Pay Type:

  Salaried

  Posted Date:

  2025-07-25

  Application Deadline:

  2025-08-18

  Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

  Inclusion and Equal Opportunity Employment

  At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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• About the company

  Royal Bank of Canada (RBC), is a diversified financial services company. The Company provides personal and commercial banking, wealth management services, insurance, investor services and capital markets products and services on a global basis. The Com...

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