Cost Analyst - Jobs in Halifax, NS

Job Description

Come Work with Us!At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.Whether you’re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.Job TitleCost AnalystJob DescriptionWhat is the opportunityThe role will work within the Capital Markets, BCS, Business Management, Trade Expense Management team and be responsible for the timely and efficient processing of all 3rd Party Trade Execution Invoices through the implemented global central utility (REVPORT). The incumbent will work closely with the Control and Governance and Business Support Functions within the team to ensure full coverage of Trade Execution invoices are processed through the system in as effective manner as possible to ensure compliance with internal and external regulation and standing orders and to additionally ensure maximum detail and transparency is made available to the businesses supported with regards to cost, volume, nominal and other attributes driving the trade expense cost base.What will you do

• Monitor incoming mail for assigned invoices and contact vendors when expected invoices have not been received
• Reconcile invoices and calculate internal business allocations following business agreed methodology
• Investigate reconciliation discrepancies and coordinate resolution with vendor and trading business
• Document variances to best practice and provide to team lead for approval
• Prepare allocation templates and post to financial systems
• Arrange vendor payment through accounts payable or manual payment
• Manage special financial scenarios: accruals, prepayments, journals, etc.
• Prepare reports for and respond to inquiries from various parties including the trading business, product control, financial control
• Perform cost analysis identifying material trends and drivers and/or opportunities for savings
• Perform business analysis and testing in relation to onboarding of new invoices or enhancements to processing of existing invoices
• Work on assigned projects in the areas of process improvement and automation

What you need to succeedMust-have

• Bachelors Degree or College Diploma
• Knowledge of basic accounting concepts
• Ability to communicate information to all levels of the organization
• Highly organized with an attention to detail and ability to analyze information
• Advanced knowledge of Excel, VBA and SQL

Nice-to-have

• 1 - 2 years experience working in a Canadian financial institution
• Knowledge of the firms financial systems and booking processes
• Canadian Securities Course
• CPA / CFA

What’s in it for youWe 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
• Leaders who support your development through coaching and managing opportunities
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work
• Flexible work/life balance options

Job SummaryAddress:HALIFAX, Nova Scotia, CanadaCity:CAN-NS-BEDFORDCountry:CanadaWork hours/week:37.5Employment Type:Full timePlatform:Capital MarketsJob Type:RegularPay Type:SalariedPosted Date:2022-08-04-07:00Application Deadline:2022-08-19-07:00Inclusion and Equal Opportunity EmploymentAt RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.Join our Talent CommunityStay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at rbc.com/careers.Quick Apply

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