Director, Accounting Policies

EXPERIENCE THE EDGE

At PSP, we encourage our employees to grow, forge powerful relationships, contribute and fuel inspired investment launchpads. We are committed to a culture that fosters collaboration and allows us to think beyond, in an interconnected way. We advocate for our employees to speak-up, learn, experiment, share, and be part of an where diversity is embraced.

ABOUT YOUR ROLE

As Director, Accounting Policies , you’ll :

Review, research and document new International Financial Reporting Standards (IFRS) and present to Senior Director so as participate in their implementation in collaboration with internal clients

Guide, coordinate and supervise the work performed by team members and external advisors in the performance of their accounting policy analyses

Oversee and provide training activities to internal clients on relevant topics related to accounting policies

Manage technical quarterly and annual reviews of PSP’s financial statements including those prepared for the Canada Growth Fund (CGF) for compliance with applicable accounting standards and discuss with the Senior Director proposed improvements

Lead external financial reporting related to CGF and draft all related documents

Analyze and review complex investment transactions and determine, in collaboration with the Senior Director, the appropriate accounting treatment. In some cases, suggest changes to preliminary agreements that will provide favorable accounting treatments for the company

Act as PSP in-house expert in PSP and CGF accounting reporting

Manage and address ad hoc requests by business units while ensuring an integral understanding of the operational needs by meeting with all relevant stakeholders as seen fit, reconciling such needs to both industry practice and financial statement reporting requirements

Present to internal clients and / or senior management findings impact of any changes required due to change in accounting standards, investment transactions or business unit issue analyses

Lead and / or present the Accounting Policies Group’s view in technical discussions with respect to accounting / reporting issues raised by internal or external auditors

Design and maintain accounting and reporting processes ensuring effective use of team resources

Expected to acquire in-depth knowledge of PSP’s and CGF`s business and its investments in order to be able to outline business transactions or events that have an accounting or reporting impact

Establish and maintain a collaborative network with external peers (direct and indirect) so as to facilitate financial statement benchmarking and establishing market convention

In all the above responsibilities, position papers / memos are the primary and official means of documenting accounting issues, analyses and conclusions

WHAT WE’RE LOOKING FOR

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 experience 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-pace environment with a high level of autonomy

Effective communications skills, both written and spoken with the ability to communicate complex accounting information to a non-technical audience, primarily in English

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

WHAT YOU’LL NEED

Bachelor’s degree in Accounting.

Chartered Professional Accountant (CPA), Auditor designation.

Minimum fifteen (15) years of recent experience in financial accounting for publicly accountable enterprises with strong exposure to complex accounting issues or equivalent experience with one of the big 4 audit firms

Experience in researching and documenting accounting issues with references to relevant accounting standards

Bilingualism and excellent English language redaction and reporting skills required as all reporting to senior management is in English

We offer 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. Beyond salary and incentive pay eligibility, you have access to :

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 : up to 26 weeks for primary caregivers, 5 weeks for secondary caregivers

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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