Job DescriptionWhat is the opportunity?The Manager, Enterprise Hedge Accounting will manage the financial control responsibilities in the Enterprise Hedge Accounting with the objective of delivering timely, accurate and reliable financial information. In this capacity, you will be working on the accounting, valuation, reporting and production aspects of RBC's Net Investment Hedge (NIH) as a tool to mitigate its FX risk.
What will you do?- Prepare daily inception documentation through validating transaction details;
- Perform designations, monitor effectiveness testing, and prepare reporting of the net investment hedge program.
- Manage end-to-end hedging workflows and system operations.
- Deliver monthly financial results to Corporate Treasury and key stakeholders, ensuring clarity and accuracy.
- Ensure new hedges, products and transactions are appropriately captured in RBC Financial Reporting Systems, including the appropriate use of GLs and Financial Statement reporting lines.
- Ensure accurate external reporting, including FS, note disclosures, regulatory reporting & management reporting.
- Maintenance of the monthly review program to ensure financial controls are in place and the appropriate reconciliations are completed.
- Assist in the investigation of all financial and regulatory reporting matters when needed.
- Identify and assist in system and process enhancement initiatives.
- Participate in ad-hoc projects as directed by reporting manager.
What you need to succeed?Must Have- Solid knowledge of complex financial instruments and transactions, together with a willingness and interest in developing that knowledge
- Technical competence in relevant financial and statutory accounting standards
- Ability to analyze complex subject matter and propose solutions
- Ability to manage operations workflows and process improvement experience
- Excellent communication skills with ability to explain complex financial information in a clear and concise manner
- Strong team skills and work ethic
- Ability to deliver and manage tight deadlines
- Hedge accounting knowledge is an asset
Qualifications- University degree in Accounting or Finance
- Accounting / Finance designation CPA or CFA
- 3+ years of experience in capital markets/finance related area
Nice to Have- Strong knowledge of the RBC financial systems
- VBA / Python knowledge along with advanced MS Office
- Knowledge of the RBC financial systems (for internal candidate)
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, competitive compensation, commissions, and stock where applicable
- Leaders who support your development through coaching and mentoring opportunities
- Ability to make a difference and lasting impact
- Work in a dynamic, collaborative, progressive, and high-performing team
- A world-class training program in financial services
- Flexible work/life balance options
Job SkillsAccounting, Accounting Finance, Communication, Corporate Treasury, Financial Analysis, Hedge Accounting, Long Term Planning, Problem Solving, Strategic Thinking, Teamwork, Time Management
Additional Job DetailsAddress:ROYAL BANK PLAZA, 200 BAY ST:TORONTO
City:Toronto
Country:Canada
Work hours/week:37.5
Employment Type:Full time
Platform:OFFICE OF THE CFO
Job Type:Regular
Pay Type:Salaried
Posted Date:2026-08-26
Application Deadline:2026-09-30
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above