RBC Investor & Treasury Services (RBC I&TS) is a specialist provider of asset services, custody, payments and treasury and market services for financial and other institutional investors worldwide, with over 4,500 employees in 17 countries across North America, Europe, Asia and Australia.
We deliver services which safeguard client assets, underpinned by client-centric digital solutions which continue to be enhanced and evolved in line with our clients’ changing needs.
Trusted with CAD 4.1 trillion in client assets under administration(1), RBC I&TS has been rated by our clients as the #1 global custodian for eight consecutive years(2) and is a financially strong partner with among the highest credit ratings globally(3).
1) RBC quarterly results released February 22, 2019 (2) Global Custody Survey, Global Investor ISF, 2011 to 2018, unweighted (3) Standard & Poor’s (AA-
and Moody’s (Aa2) legacy senior long-term debt ratings of Royal Bank of Canada as of February 22, 2019 What is the opportunity?
The position of Supervisor Consolidation Accountant is held by the PCS consolidation team.
In this role, you will be in charge of complex consolidated structures investing in Real Estate, Infrastructure, Private Debt and Private Equity in order to process operations properly in due time and with respect to the Accounting Principles (Lux GAAP, IFRS, FRS102, INREV, etc ) and consolidation requirements of these structures.
It will be its responsibility to ensure that the agreed timeline will be respected and to report any issue on due course.
You will be also in charge of preparing consolidated accounts and reviewing the production of others members of the consolidation team.
What will you do? Ensure an efficient operational service to clients with a proper following of processes and rules.
Ensure that an efficient operational service is provided by the Consolidation Team In charge of the preparation of consolidated accounts including supervision of local accounting team In charge of the review and the validation of the consolidations performed by the Consolidation Accountants and Senior Consolidation Accountants Support co sourced financial reporting activities Ensure up-
to-date documentation and application of processes and controls Manage client expectations Ensure good integration of new team members and provide appropriate training / coaching Develop dedicated expertise in various matters (Merger, DE-
merger, consolidation methodologies, etc...
and ensure a good training of the senior and consolidation accountants on such matters Backup and assist the Manager Consolidation Accounting in his daily and organizational tasks What do you need to succeed?
Must-have University degree (bachelor or master) or post-Graduate in Finance, Economics and similar Extensive experience in Accounting and Consolidation of Alternative Funds regulated by the Luxemburgish law (7 years) Ability to represent RBC Investor & Treasury Services internally and externally Fluent in English (German and French are a plus) Nice-
to-have Audit experience Extensive knowledge of IFRS Extensive knowledge in the preparation of Financial Statements (LuxGaap, IFRS, FR102, INREV) Extensive knowledge of a consolidation software ideally SAP FC 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 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 Opportunities to do challenging work Opportunities to take on progressively greater accountabilities Opportunities to building close relationships with clients