Director, Sustainability Accounting
- Job Type
- Full Time
- Location
- Toronto, ON
- Impact Category
- CSR
About this position
Purpose
Manulife is seeking to create an ecological and social balance sheet for its business that includes the cost of key externalities and the financial value of the company’s ecological assets (agriculture, oil and gas, timber etc.). Social assets include the financial value of the social benefit that many of Manulife’s insurance products provide (micro-insurance, village insurance, Manulife Move, Vitality etc). This will give Manulife a better understanding of the impact that changes to ecological assets has on the organization and how to manage investment in ecological capital to reduce material risk and/or create opportunities. It will also help better communicate to stakeholders the value to society inherent in many of Manulife’s products and services. Part of the purpose of this role is to go beyond traditional corporate social responsibility (CSR) reporting frameworks such as the Global Reporting Initiative (GRI) and profile Manulife’s commitment to innovation (in finance?).
Accountabilities / Responsibilities
- Research best practices and theories in ecological and social accounting and develop a reporting framework for calculating the value of Manulife’s ecological and social assets and/or impacts (e.g. Natural Capital Protocol, Accounting for Sustainability, International Integrated Reporting Framework etc.). This will include working closely with Group Finance on emerging accounting standards and to design and develop appropriate reporting systems.
- Analyze on an ongoing basis Manulife’s environmental and social impact and report to key internal stakeholders
- Drive the incorporation of environmental and social KPIs into relevant decision making and reporting processes across the organization
- Work closely with Manulife’s CSR’s Centre of Expertise (COE) to develop relevant data and reporting for internal and external CSR reporting as needed
- Act as Manulife’s subject matter expert for the financial accounting of environmental and social impacts
- Ensure Manulife’s approach to sustainability accounting meets best practices and is aligned with recognized sustainability reporting frameworks such as GRI and SASB where applicable
Qualifications
- 5-7+ Years post designation experience in Finance and Accounting
- Recognized Finance and Accounting professional designation (CA, CPA, CGA, CMA) is strongly preferred. Other Finance certifications will be considered.
- Preference for those who focused (or took courses) on business & sustainability - as part of their school curriculum.
- Background in Environmental Sciences, engineering or similar field is an asset
- Understanding of main currents of thought on ecological balance sheets, ecosystem services and triple bottom line reporting is preferred or has a keen interest in environmental and social issues
- Excellent research, writing and synthesizing skills and the ability to communicate complex information succinctly
- Ability to work with people across the organization, including with senior finance professionals
- A genuine interest in global business trends, cross-industry issues and impact measurement
About us
Manulife Financial Corporation is a leading international financial services group providing forward-thinking solutions to help people with their big financial decisions. We operate as John Hancock in the United States, and Manulife elsewhere. We provide financial advice, insurance and wealth and asset management solutions for individuals, groups and institutions. At the end of 2015, we had approximately 34,000 employees, 63,000 agents, and thousands of distribution partners, serving 20 million customers. At the end of December 2015, we had $935 billion (US$676 billion) in assets under management and administration, and in the previous 12 months we made more than $24.6 billion in benefits, interest and other payments to our customers.
Our principal operations are in Asia, Canada and the United States where we have served customers for more than 100 years. With our global headquarters in Toronto, Canada, we trade as ‘MFC’ on the Toronto, New York, and the Philippine stock exchanges and under ‘945’ in Hong Kong. Follow Manulife on Twitter @ManulifeNews or visit www.manulife.com or www.johnhancock.com.
Manulife is committed to supporting a culture of diversity and accessibility across the organization. It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will consult with applicants contacted to participate at any stage of the recruitment process who request an accommodation. Information received regarding the accommodation needs of applicants will be addressed confidentially.
Application instructions
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