Accounting Policy Director
2 months ago
PSP Investments is a leading investment management company that encourages its employees to grow, forge powerful relationships, contribute, and fuel inspired investment launchpads. We foster a culture that promotes collaboration and allows us to think beyond, in an interconnected way. Our employees are empowered to speak-up, learn, experiment, share, and be part of a diverse and inclusive community.
About the RoleAs Director, Accounting Policies, you will play a critical role in shaping the accounting policies and procedures of PSP Investments. Your responsibilities will include:
- Reviewing and researching new International Financial Reporting Standards (IFRS) and presenting your findings to the Senior Director for implementation.
- Guiding and coordinating the work of team members and external advisors in accounting policy analyses.
- Overseeing and providing training activities to internal clients on relevant accounting topics.
- Managing technical quarterly and annual reviews of PSP's financial statements, including those prepared for the Canada Growth Fund (CGF), to ensure compliance with applicable accounting standards.
- Leading external financial reporting related to CGF and drafting all related documents.
- Analyzing and reviewing complex investment transactions and determining the appropriate accounting treatment in collaboration with the Senior Director.
- Acting as PSP's in-house expert in accounting reporting.
- Managing and addressing ad hoc requests from business units while ensuring an integral understanding of operational needs.
- Presenting findings and recommendations to internal clients and/or senior management on the impact of changes in accounting standards, investment transactions, or business unit issue analyses.
- Leading and/or presenting the Accounting Policies Group's view in technical discussions with respect to accounting/reporting issues raised by internal or external auditors.
- Designing and maintaining accounting and reporting processes to ensure effective use of team resources.
- Acquiring in-depth knowledge of PSP's and CGF's business and investments to outline business transactions or events with an accounting or reporting impact.
- Establishing and maintaining a collaborative network with external peers to facilitate financial statement benchmarking and establishing market convention.
To be successful in this role, you will need:
- Strong knowledge of IFRS, specifically those pertaining to financial instruments and fair value.
- Proven experience in drafting notes to financial statements and other external management reporting, such as the MD&A.
- Proven ability to learn and grasp complex technical information in a reasonable timeframe.
- Initiative and resourcefulness in proposing solutions to various accounting issues.
- Drive and focus on results with a client-oriented mindset.
- Ability to navigate a fast-paced environment with a high level of autonomy.
- Effective communication skills, both written and spoken, with the ability to communicate complex accounting information to a non-technical audience.
- Demonstrated initiative and curiosity to look beyond surface facts and conduct comprehensive, fact-based, value-added research.
- Attention to detail and rigorous approach to research, analysis, and documentation.
- Ability to work collaboratively, cultivating meaningful relationships with colleagues and clients.
- Eagerness to learn, ideate, and innovate.
- Drive to pursue excellence and challenge the status quo to seek out alternative perspectives.
- Open-mindedness and active listening skills.
- A respect for differences of opinion and an inclusive mindset.
PSP Investments offers a tailored employee experience and competitive total rewards and benefits package designed to attract and retain global diverse talent, reward performance, and reinforce business strategies and priorities. Our benefits include:
- Investment in career development.
- Comprehensive group insurance plans.
- Competitive pension plans.
- Unlimited access to virtual healthcare services and wellness programs.
- Gender-inclusive paid family leave policy.
- Vacation days available on day one with additional days on milestone service anniversaries, and summer Friday afternoons off.
- A hybrid work model with a mix of in-office and remote days.
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