Director, Real Estate Financial Operations

Royal Bank of Canada

  • Toronto, ON
  • Permanent
  • Full-time
  • 7 days ago
Job DescriptionWhat 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-POSTJob 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 ModelingAdditional Job DetailsAddress: BAY WELLINGTON TOWER, 181 BAY ST:TORONTOCity: TorontoCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: CHIEF LEGAL & ADMIN OFFICE GRPJob Type: RegularPay Type: SalariedPosted Date: 2025-08-26Application Deadline: 2025-09-10Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveInclusion and Equal Opportunity EmploymentAt 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.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 .

Royal Bank of Canada