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Internship

2024 CFO, Fall Financial Analyst (8 Months)

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RBC

13d ago

🚀 Off-cycle Internship

Mississauga

3d left

AI generated summary

  • You need Canadian post-secondary education, strong financial modeling skills, communication, teamwork, technology, and technical writing abilities to be our Fall Financial Analyst. Let's analyze data together at RBC!
  • You will analyze, document, test and automate manual journal entries, assist with data sourcing, develop test cases, support production issues, and provide financial analytics for Global RBC Insurance.

Off-cycle Internship

Accounting & Tax, Banking & FinanceMississauga

Description

  • As a key member of the Insurance Finance Project team you will be responsible to support the development of financial technical documentation, requirements and testing for Insurance Contract measurement, accounting systems and related methodologies with strong focus on Financial Data, Investments, Data Management, Financial Reporting and the implementation of new Financial Technology tools.
  • You will directly support the testing & analysis of processes and controls across financial applications while identifying and driving solution opportunities for improvements relating to the Insurance contract measurement, investment, expense, financial and accounting systems and data lakes. Responsible for iteration functional testing, expected to actual analytics & documenting issue resolution as well as other requirements of the project as assigned to ensure strategic financial objectives are accomplished; contributing to initiatives ranging from large strategic projects to ongoing maintenance activities.

Requirements

  • Currently enrolled in a Canadian post-secondary institution with a focus in Business, Commerce or Accounting.
  • Motivated self-starter, able to pick up new concepts quickly with very strong communication skills
  • Teamwork, collaboration, and co-operation is a requirement.
  • ‎Strong financial modeling skills, with the ability to manage and test large quantities of data
  • Outstanding technology skills.
  • Excellent ability to structure and write clear technical system, process, and methodology documents of varying lengths.

Education requirements

Currently Studying

Area of Responsibilities

Accounting & Tax
Banking & Finance

Responsibilities

  • Manual journal entry assessment, documentation of scope and requirements for IT. Manual journal entry processing, testing & audit documentation-expected and comparison to actual results
  • Automation of manual entries and processes
  • Assist with data sourcing from IT and cash flow mapping
  • Develop Test Cases with expected results for Policy and Non-Policy Cash flows, Accounting Events and Financial Measurements.
  • Create and maintain testing documentation for supported systems.
  • Support users in resolving production issues and applying bug fixes
  • Leverages own technical Insurance accounting, and Insurance system knowledge to support the Close Process Team in the analysis and definition of requirements in an intersect of actuarial, investments, accounting, IT, process structure, regulatory, and data needs.
  • Provide support of business, financial analytics, testing, modeling and other requirements as assigned that covers actual, planning, forecasting, and disclosure requirements for Global RBC Insurance. Includes but is not limited to the Income Statement, Earnings by Source, Financial Disclosures, Balance Sheet, Capital, Tax, Strategic Metrics and Financial Drivers.

Details

Work type

Full time

Work mode

hybrid

Application deadline

Jun 1, 2024

Location

Mississauga