Director, Accounting Policy, Financial Policy and Reporting
Apply NowCompany: CPP Investments
Location: Toronto, ON M4E 3Y1
Description:
Company Description
Make an impact at a global and dynamic investment organization
When you join CPP Investments, you are joining one of the world's most admired and respected institutional investors. With more than $600 billion in assets under management, CPP Investments is a professional investment management organization that globally invests the funds of the Canada Pension Plan (CPP) to help ensure it is financially sustainable for generations of working and retired Canadians.
CPP Investments invests across regions and asset classes to build a globally diversified portfolio. It holds assets in public equity, private equity, real estate, infrastructure, and fixed income, and the CPP Fund is projected to reach $3 trillion in assets by 2050. The organization is headquartered in Toronto with offices in Hong Kong, London, Mumbai, New York City, San Francisco, So Paulo, and Sydney.
CPP Investments successfully attracts, selects, and retains talented individuals from top-tier institutions worldwide. Join our team for access to:
If you have a passion for performance, value a collegial and collaborative culture, and approach work with the highest integrity, invest your career here.
Job Description
Reporting to the Managing Director, Accounting Policy and Investment Structure Management, the Director, Accounting Policy, Financial Policy and Reporting will be responsible for the establishment and implementation of all CPP Investments' accounting policies to ensure compliance with the CPPIB Act and external standards. The role will also provide accounting policy support to CPP Investments' wholly owned group companies.
The ideal candidate will have significant experience in accounting policy development and application, in addition to strong communication skills enabling them to effectively influence key stakeholders in many other parts of the organization. They must possess a strong acumen for accounting advisory in asset management and demonstrate a commercial mindset and a pragmatic approach in their decision-making and communication approach. They will have significant depth in International Financial Reporting Standards (IFRS), with a specific focus on IFRS 9 and IFRS 10. They will also possess a continuous improvement mindset in building scalable and standardized processes and controls. They will have also demonstrated an ability to develop and cultivate talent, while managing a high performing team, composed of both internal and external staff.
The Director will be accountable for:
Accounting Operations
Projects and Initiatives
People Management
Qualifications
Additional Information
Visit our LinkedIn Career Page or Follow us on LinkedIn. #LI-AM1 #LI-Onsite
At CPP Investments, we are committed to diversity and equitable access to employment opportunities based on ability.
We thank all applicants for their interest but will only contact candidates selected to advance in the hiring process.
Our Commitment to Inclusion and Diversity:
In addition to being dedicated to building a workforce that reflects diverse talent, we are committed to fostering an inclusive and accessible experience. If you require an accommodation for any part of the recruitment process (including alternate formats of materials, accessible meeting rooms, etc.), please let us know and we will work with you to meet your needs.
Disclaimer:
CPP Investments does not accept resumes from employment placement agencies, head-hunters or recruitment suppliers that are not in a formal contractual arrangement with us. Our recruitment supplier arrangements are restricted to specific hiring needs and do not include this or other web-site job postings. Any resume or other information received from a supplier not approved by CPP Investments to provide resumes to this posting or web-site will be considered unsolicited and will not be considered. CPP Investments will not pay any referral, placement or other fee for the supply of such unsolicited resumes or information.
Make an impact at a global and dynamic investment organization
When you join CPP Investments, you are joining one of the world's most admired and respected institutional investors. With more than $600 billion in assets under management, CPP Investments is a professional investment management organization that globally invests the funds of the Canada Pension Plan (CPP) to help ensure it is financially sustainable for generations of working and retired Canadians.
CPP Investments invests across regions and asset classes to build a globally diversified portfolio. It holds assets in public equity, private equity, real estate, infrastructure, and fixed income, and the CPP Fund is projected to reach $3 trillion in assets by 2050. The organization is headquartered in Toronto with offices in Hong Kong, London, Mumbai, New York City, San Francisco, So Paulo, and Sydney.
CPP Investments successfully attracts, selects, and retains talented individuals from top-tier institutions worldwide. Join our team for access to:
- Stimulating work in a fast-paced and intellectually challenging environment
- Accelerated exposure and responsibility
- Global career development opportunities
- Diverse and inspiring colleagues and approachable leaders
- A hybrid-flexible work environment with an emphasis on in-person collaboration
- A culture rooted in principles of integrity, partnership, and high performance
- An organization with an important social purpose that positively impacts lives
If you have a passion for performance, value a collegial and collaborative culture, and approach work with the highest integrity, invest your career here.
Job Description
Reporting to the Managing Director, Accounting Policy and Investment Structure Management, the Director, Accounting Policy, Financial Policy and Reporting will be responsible for the establishment and implementation of all CPP Investments' accounting policies to ensure compliance with the CPPIB Act and external standards. The role will also provide accounting policy support to CPP Investments' wholly owned group companies.
The ideal candidate will have significant experience in accounting policy development and application, in addition to strong communication skills enabling them to effectively influence key stakeholders in many other parts of the organization. They must possess a strong acumen for accounting advisory in asset management and demonstrate a commercial mindset and a pragmatic approach in their decision-making and communication approach. They will have significant depth in International Financial Reporting Standards (IFRS), with a specific focus on IFRS 9 and IFRS 10. They will also possess a continuous improvement mindset in building scalable and standardized processes and controls. They will have also demonstrated an ability to develop and cultivate talent, while managing a high performing team, composed of both internal and external staff.
The Director will be accountable for:
Accounting Operations
- Researching and providing guidance on the accounting treatment for investments and entity structures, drafting internal accounting guidance, as well as contributing to enterprise projects with accounting implications;
- Advising teams on accounting "control assessments" of investments;
- Maintenance of controls over accounting policy development and implementation across the Fund;
- Supporting quarterly financial reporting of CPP Investments as a subject matter expert;
- Keeping abreast of new accounting pronouncements and analyzing their impact on the organization; and
- Contributing to team and departmental objectives that are aligned with our long-term strategy.
Projects and Initiatives
- Oversee strategic projects or initiatives end-to-end, integrating stakeholder needs, adapting to changes and resolving issues. Contribute to other department-led initiatives, representing Corporate Accounting's views, as required.
- Partner collaboratively with finance and other internal stakeholders to resolve cross-functional issues and gaps. Propose and implement solutions that are aligned to the CPPIB strategy and reflect an understanding of business needs, organizational impact and governance and controls.
People Management
- Manage a team of internal and external staff, providing leadership, regular feedback and mentoring to the team to support a positive, inclusive and highly effective team culture.
- Actively manage and maintain effective external relationships with local accounting service vendors and co-source partners, as well as industry peers.
Qualifications
- Professional accounting designation from a globally reputed professional body.
- Minimum 8 years of accounting and operations experience in a leadership role.
- Committed to continuous improvement with a broad view of building scalable and standardized processes within a robust control environment.
- A track record of working collaboratively with multiple teams to identify and solve issues.
- Demonstrated ability in accomplishing complex objectives through their team.
- Excellent verbal and written communication skills with experience presenting and writing reports to various levels in the organization.
- Exceptional time management and project prioritization skills. Ability to work under time sensitive deadlines and adjust to urgent situations.
- Demonstrated ability to manage and motivate a team.
- Demonstrated ability to succeed in a high performing culture, open to and comfortable with evolving changes and new challenges.
- Experience with Oracle Financials general ledger is an asset.
- Exemplifies our Guiding Principles of partnership, integrity and high performance.
Additional Information
Visit our LinkedIn Career Page or Follow us on LinkedIn. #LI-AM1 #LI-Onsite
At CPP Investments, we are committed to diversity and equitable access to employment opportunities based on ability.
We thank all applicants for their interest but will only contact candidates selected to advance in the hiring process.
Our Commitment to Inclusion and Diversity:
In addition to being dedicated to building a workforce that reflects diverse talent, we are committed to fostering an inclusive and accessible experience. If you require an accommodation for any part of the recruitment process (including alternate formats of materials, accessible meeting rooms, etc.), please let us know and we will work with you to meet your needs.
Disclaimer:
CPP Investments does not accept resumes from employment placement agencies, head-hunters or recruitment suppliers that are not in a formal contractual arrangement with us. Our recruitment supplier arrangements are restricted to specific hiring needs and do not include this or other web-site job postings. Any resume or other information received from a supplier not approved by CPP Investments to provide resumes to this posting or web-site will be considered unsolicited and will not be considered. CPP Investments will not pay any referral, placement or other fee for the supply of such unsolicited resumes or information.