Senior Manager SOX Office - Technology

Job Description

What is the opportunity?The CFO Controls Office – SOX at RBC is a 2nd line team sitting in Finance designed to add value and improve the Company’s financial control environment and reporting process. As both the SOX Office, responsible for the design and execution of RBC’s Sarbanes-Oxley (SOX) Compliance Program, and the Finance Risk Centre of Governance (COG), the SOX Office supports RBC’s objectives by bringing a systematic, disciplined approach to evaluating and improving the effectiveness of risk management, control, and governance processes which impact RBC’s financial statements.

The Senior Manager will support the Director and the broader SOX Office team in leading these activities across RBC, with a primary focus on technology and related controls / processes.
What will you do?
The Senior Manager, reporting to the Director, will:

Manage all aspects of RBC’s internal financial controls by providing subject matter expertise on control matters, with a primary focus on technology controls (IT General Controls & IT Dependencies), data lineage, and related processes, supporting SOX 404 and 302 compliance.

Manage KRIs oversight over key areas of the SOX Program including but not limited to SOX testing and SOX control changes.

Provide review and challenge over Financial Reporting Risks across the organization.

Lead / participate in other control-related projects, as necessary, and develop company-wide control standards, including for IT system upgrades / implementations, and new trends in technology, such as reporting enablers, business managed platforms and artificial intelligence.

Assess the SOX impacts of projects and programs, internal audit findings and OREs.

Methodology and the SOX Framework

As a subject matter expert, lead in the design and maintenance of the SOX methodology, policy, guidance and tools ensuring all components of the RBC SOX compliance program (scoping, testing tracking and exceptions, reporting etc.) are executed effectively.

Identify new risk areas and assist in embedding these into the process when appropriate.

Interpret and provide guidance based on SEC guidance and Public Company Accounting Oversight Board (“PCAOB”) standards to different control groups across lines of business and corporate functional areas.

Design and implement quality review processes to ensure documentation meet RBC expectations.

Support oversight of the program through development, tracking and reporting of KRIs across the Program.

Relationship Management

Collaborate with partners across the organization to identify and evaluate relevant financial risks and controls

Provide timely, cost effective and innovative solutions to help improve financial processes, controls and accounting policies and procedures

Advise RBC management on significant or pervasive control deficiencies. Identify root causes, assess the implications and recommend and track corrective actions

Incorporate new business ventures/acquisitions into the financial risk management program. Assess the impact of new accounting standards on existing processes and controls.

Work closely and lead discussion with internal and external auditors

Reporting

Design and / or execute an effective reporting and communication program which identifies risks, control deficiencies, roadblocks, status of remediation, areas for improvement, emerging trends both within RBC and across the industry etc. These key reporting metrics will be reported to senior management on a regular basis and include monitoring of the overall SOX program deliverables including testing, and deficiencies. The metrics will also cover the non-SOX elements of Financial Reporting Risk across the enterprise.

What do you need to succeed?

Experience as either an Internal or External Auditor

Exposure to SOX or similar compliance regimes in like organizations

Strong understanding of technology, with an emphasis on financial reporting systems and processes, and new trends in technology, such as reporting enablers, business managed platforms, and artificial intelligence

Works Collaboratively

Builds Influence

Make Work Simpler, Faster

Strategic, enterprise orientation

Strong written and verbal…