Senior Manager, Business Operations

RBC

Dec 4

Applications are closed

Job
Full-time
Senior Level
Accounting & Tax
Banking & Finance
Toronto

Requirements

Must have:
Bachelor’s degree in business administration, accounting, or finance.
Minimum of 5 years of financial reporting experience.
Accounting designation, CPA-CMA or equivalent.
Advanced proficiency in MS Office tools (PowerPoint, Excel, Word, Sharepoint)
Ability to grasp new concepts quickly, as well as the capacity to work independently under pressure, prioritize work, and successfully meet deadlines.
Strategic and innovative thinker, and result-oriented team player and relationship builder, with strong analytical, communication, presentation, and writing skills.
Ability to promote and implement best practices and improved methods to get the work done, and the ability to present to senior management and executives.
Nice-to-have:
Experience working in an Agile environment.
Experience working in a technology environment, preferably in banking.
Knowledge of technology services cost allocations.

Responsibilities

Maintain a detailed analysis of Cloud tower costs and ensure that the forecasted spend aligns with the strategies of the team.
Partner with Finance to ensure that monthly financial estimates are transparently and accurately reported.
Collaborate with Finance to manage the creation and management of the Cloud Operating Plan including Annual budget and forecasts; tracking actuals vs plan; spend vs budget; progress against plan; financial forecasting to transit managers; FTE, contractors, and professional fees budget; help track group savings/cost containment/cost avoidance etc.
Maintain oversight on Vendor billing and invoices, ensuring accuracy and timely payment. Develop and maintain an analysis and perspective on the vendor spend/value and facilitate a Cloud leadership discussion regarding the connection between cloud delivery roadmaps and timing of vendor engagements.
Oversee preparation and execution of financial transactions (funding request, approval, and initiate budget orders).
Interface with TI partners, to ensure successful collaboration with multiple teams across the bank (Finance, Suppler Management, Procurement, BAS, Business Offices) to improve operational processes and data integrity of the financial records.
Provide monthly financial status reporting to Cloud VP and SLT and be a single point contact for best practices and operational processes.
Support key financial reporting requirements for transformational initiatives and PAR’s within the organization as they relate to Cloud. Track initiatives and PARs and ensure appropriate adherence to PAR requirements.
Support Service Owners and report on technology cost allocations for Cloud services.

FAQs

What is the job title for this role?

The job title for this role is Senior Manager, Business Operations.

What qualifications are required for this position?

A Bachelor's degree in business administration, accounting, or finance, along with a minimum of 5 years of financial reporting experience and an accounting designation such as CPA-CMA or equivalent.

Is experience in an Agile environment necessary for this position?

Experience working in an Agile environment is considered a nice-to-have but is not a requirement.

What software skills are important for this role?

Advanced proficiency in MS Office tools, including PowerPoint, Excel, Word, and SharePoint, is essential.

Where is the job located?

The job is located at 330 Front St W, Toronto, Canada.

What are the working hours for this position?

The working hours for this position are 37.5 hours per week.

What type of employment is this role?

This role is a full-time, salaried employment position.

What benefits does RBC offer to employees in this role?

RBC offers a comprehensive Total Rewards Program that includes bonuses, flexible benefits, competitive compensation, commissions, and stock options where applicable.

What type of team culture does the organization promote?

The organization promotes a dynamic, collaborative, progressive, and high-performing team culture.

When is the application deadline for this position?

The application deadline for this position is January 14, 2025.

RBC

Ideas Happen Here.

Finance

Industry

10,001+

Employees

1864

Founded Year

Mission & Purpose

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 88,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.