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Director, Real Estate Financial Operations

RBCabout 22 hours ago
Toronto, ON
Senior Level
full_time

Top Benefits

Total Rewards Program: bonuses, flexible benefits, competitive pay, commissions, stock options
Flexible work/life balance options for better personal and professional harmony

About the role

Job Description

What is the opportunity?

This Real Estate and Financial SME is responsible for managing and executing the end-to-end financial processes within Corporate Real Estate (CRE) in ensuring robust connectivity and consolidation of supplier spend, supplier performance, savings and ultimately the resulting occupancy and departmental spend environment. This role is critical in driving the global alignment and consistency of CRE’s spend across multiple service liens and regions and ensuring process and spend control aligned to CRE and RBC’s enterprise expectations and policies.

What will you do?

  • Responsible for supporting and execution of all activities related to CRE’s departmental NIE and resource management including plan, forecast, 5-year outlook, projects, resourcing, functional allocations as well as associated departmental processes in collaboration with the CFO group as well as CRE’s senior and executive management
  • Responsible for the financial management and maintenance of the supplier partner(s) spend in alignment with the contract considering the partner resourcing model, performance management framework and savings commitments and its financial implications against baseline contractual commitments across all service lines and regions
  • Responsible for establishing financial models in support of real estate and supplier pricing for decision making purposes as well as supporting business case scenario analysis.
  • Oversight responsibilities in alignment with RBC’s Financial Control team within CFO relating to lease accounting (IFRS 16 / ASC 842) as well as other accounting process implantation within the real estate scope including Asset Retirement Oblivion (ARO), accruals, provisions, etc.
  • Accountable for the end to end spend processes surrounding occupancy spend, payments and cash control and occupancy allocations totaling over $1 Billion CAD annually
  • Oversight responsibilities of global real estate occupancy budgets (totaling over $1.8B)
  • Responsible for supporting RBC’s taxation and transfer pricing groups to ensure appropriate processes in the enablement of CRE’s global mandate
  • Accountable to “connect the dots” and be the single point of contact for CRE departmental and occupancy spend interconnections from point of spend to business charge.

What do you need to succeed?

Must have:

  • Real Estate knowledge/experience
  • 5+ years in Financial Management, Dynamic Modeling (including contract pricing, spend consolidations, scenario analysis, large data consolidation / analytics, etc.)
  • Advanced Knowledge and application of accounting and finance
  • End to End Process Management
  • Professional Financial / Management Designation

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 managing 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
  • Opportunities to do challenging work
  • Opportunities to take on progressively greater accountabilities

#LI-POST

Job Skills

Accountability, Accounting Finance, Big Data Analytics, Communication, Data Analysis, Decision Making, End to End Business Process, End to End Management, End to End Process, End-to-End Testing, Financial Forecasting, Financial Model Building, Financial Modeling, Financial Modeling in Excel, Financial Operations, Financial Planning and Analysis (FP&A), Group Problem Solving, Lease and Property Management - Real Estate, Project Finance Modelling, Real Estate, Real Estate Financial Modeling

Additional Job Details

Address:

BAY WELLINGTON TOWER, 181 BAY ST:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

CHIEF LEGAL & ADMIN OFFICE GRP

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-08-26

Application Deadline:

2025-09-10

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

I****nclusion 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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About RBC

Banking
10,000+

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 94,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at www.rbc.com/community-social-impact.

http://rbc.com/legalstuff.

La Banque Royale du Canada est une institution financière mondiale définie par sa raison d'être, guidée par des principes et orientée vers l'excellence en matière de rendement. Notre succès est attribuable aux quelque 94 000+ employés qui mettent à profit leur créativité et leur savoir faire pour concrétiser notre vision, nos valeurs et notre stratégie afin que nous puissions contribuer à la prospérité de nos clients et au dynamisme des collectivités. Selon la capitalisation boursière, nous sommes la plus importante banque du Canada et l'une des plus grandes banques du monde. Nous avons adopté un modèle d'affaires diversifié axé sur l'innovation et l'offre d'expériences exceptionnelles à nos plus de 17 millions de clients au Canada, aux États Unis et dans 27 autres pays. Pour en savoir plus, visitez le site rbc.com/francais

Nous sommes fiers d'appuyer une grande diversité d'initiatives communautaires par des dons, des investissements dans la collectivité et le travail bénévole de nos employés. Pour de plus amples renseignements, visitez le site www.rbc.com/collectivite-impact-social.

https://www.rbc.com/conditions-dutilisation/