Job Summary

Job Description

What is the opportunity?

You will be part of UK Cost Control with responsibility for the execution of cost management processes within a robust financial control framework. Your role will include the preparation of accurate financial data, analytics for business decisions and related accounting processes and extracting, standardising and optimising business processes and related reporting within central Cost Control Hub.

RBC’s expectation is that from mid-September 2025, all employees and contractors will work in the office with some flexibility to work up to 1 day per week remotely, depending on working arrangements.

What will you do?

Preparation of cost base financial and statistical data in line with financial reporting timelines including data validation, accruals/prepayments/IFRS 16 entries and other cost adjustments

Actively engage and support the Tax department in the preparation of high risk critical data in relation to Recoverable VAT and Reverse Charge VAT

Actively identify opportunities to implement change to refine or streamline processes

Engage in cost initiatives aimed at improved reporting of cost base and driving cost reductions where possible

Produce appropriate MI to support / influence behaviour change across RBC with respect to the cost base – regular and ad-hoc including trend and variance analysis by business line

Support Head of Cost Control to develop and maintain adequate controls across all processes

Manage and review the Fixed Asset Register

Ensure cost control and transfer pricing processes align appropriately

Analyse, reconcile and report upon expenses across multiple cost centres within a complex legal entity structure

Develop, maintain and document effective processes and controls including UK Delegation of Authorities

Understand the end to end cost base by business platform including data flows, accountabilities, and controls

Understand the process and principles behind the global cost recharges across business lines and align with Transfer Pricing processes

Build and maintain robust working relationships with key local and global stakeholders e.g. business managers, function heads, Procurement

Be an integral part of the Planning and Forecasting process

Provide support to the Global FSS team for Accounts Payable issues as required; ensuring SLA’s are met and address local escalated issues.

What do you need to succeed?

Must-have

Qualified Accountant

Extensive post qualified experience

Experience in a financial control environment including cost control

Autonomous in working; forward thinking to reduce cost base

High degree of analytics skills with strong attention to detail/accuracy

Structured and appropriate communication style – oral and written

Collaborative and with strong influencing skills

Strong delivery and people management skills

Strong understanding of debits and credits

Flexible working style with ability to deal with ambiguity and time pressures.

Nice-to-have

Audit experience

IFRS 16 experience and occupancy cost allocations

Experience of Policy, Procedure & Process Documentation

Experience of Delegation of Authorities

Experience of driving periodic budget and forecast

Microsoft VBA experience

Experience in managing a team.

What is 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, flexible benefits and competitive compensation

Leaders who support your development through coaching and managing opportunities

Opportunities to work with the best in the field

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.

Agency Notice

RBC Group does not accept agency resumés.  Please do not forward resumés to our employees, nor any other company location.  RBC Group only pay fees to agencies where they have entered into a prior agreement to do so and in any event do not pay fees related to unsolicited resumés. Please contact the Recruitment function for additional details.

Job Skills

Accounting, Accounting Finance, Decision Making, Financial Planning and Analysis (FP&A), Group Problem Solving, Long Term Planning, Organizational Savvy and Politics, Strategic Thinking, Time Management, Waterfall Model

Additional Job Details

Address:

100 BISHOPSGATE:LONDON

City:

London

Country:

United Kingdom

Work hours/week:

35

Employment Type:

Full time

Platform:

OFFICE OF THE CFO

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-07-24

Application Deadline:

2025-08-08

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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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 jobs.rbc.com.