Senior Financial Analyst

GWAM Operations Overview:

Manulife's GWAM Operations manages the Company’s General Account on-balance sheet assets and assets for institutional clients and investment funds in key markets around the world.  It provides investment management services to affiliates’ retail clients through product offerings of Manulife and John Hancock.  It manages a broad range of investments including public and private bonds, public and private equities, mortgages, real estate, oil and gas, infrastructure, timberland, farmland and asset allocation strategies.  It has a physical presence in key international financial centers, including Canada, the United States, Hong Kong, Japan, the United Kingdom, Australia and South East Asia. 

 

Role Overview:

The Securities and Mortgage Accounting team plays a key role in ensuring accurate, consistent and timely accounting for securities within the General Account, under multiple accounting bases.

Reporting to the Director, Securities and Mortgage Accounting, the Senior Financial Analyst is a key member of the Securities and Mortgage Accounting team. This position is responsible for the accuracy, completeness and timeliness of accounting transactions in the AABOR system (the administration and accounting book of record for securities). The incumbent will assist the Director in providing sound advice to business partners on accounting treatments and procedures in order to maintain the integrity of the AABOR and General Ledger systems.

Position Responsibilities:

Production:

• Ensure accounting treatment for securities is in line with regulatory requirements across multiple accounting bases (e.g., IFRS, USGAAP, Statutory, and Tax).
• Responsible for the accuracy and timeliness of accounting results for the month-end, quarter-end, and year-end close processes.
• Responsible for and oversight of key reconciliations between SCD and INFOR, Enterprise and INFOR, and analytics.
• Assist with day-to-day operational functions related to cash/suspense, securities transfers, corporate actions, impairments, CTA process, and other general inquiries.
• Participate in special projects and initiatives.
• Collaborate with various business partners such as Trade Operations, Cash Management and Custody Services, Investment Accounting and Reporting, Asset Liability Management, Investment Systems, and Corporate Controllers for day-to-day activities as well as special transactions/projects.

Service Quality and Risk Management:

• Work with Controls Center of Excellence (COE) and Internal and External Auditors for SOX walkthroughs, detailed testing, and annual audits. Ensure requests are addressed in a timely manner.
• Demonstrate controls and maintain properly documented policies and procedures.

Required Qualifications:

• University degree required in business, accounting, or finance.
• Attained or actively pursuing a professional accounting designation (CPA/CA/CMA/CGA).
• 3–5 years of experience in the investment/insurance industry, preferably within a securities accounting area.
• Attention to detail. Excellent analytical and problem-solving capabilities.
• Solid organizational skills, including the ability to effectively plan, prioritize multiple tasks, and meet tight deadlines.
• Ability to build and maintain strong relationships and excellent communication skills.
• Comfortable with challenging the status quo. Flexible and change-oriented attitude that embraces new ideas and ways of working.

Preferred Qualifications:

• Strong knowledge of IFRS/USGAAP/NAIC in relation to investment accounting and reporting would be ideal.
• Expert user of Microsoft Access and Excel. Experience with VBA Macros will be an asset.
• Bilingualism (English and French) is an asset. If the successful candidate is in Québec, proficiency in both languages will be required to support clients from various provinces outside of Quebec.

When you join our team:

• We’ll empower you to learn and grow the career you want 
• We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words 
• As part of our global team, we’ll support you in shaping the future you want to see

#LI-Hybrid

The role being advertised is an existing vacancy.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact [email protected].

Referenced Salary Location

CAN, Ontario, Toronto, 200 Bloor Street EastHybrid

Base salary range is expected to be between

$73,725.00 CAD - $122,875.00 CAD

Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance. The actual base salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. If you are applying for this role outside of the primary location, please contact [email protected] for the salary range for your location.

Manulife offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in Canada includes holidays, vacation, personal, and sick days, and we offer the full range of statutory leaves of absence. If you are applying for this role in the U.S., please contact [email protected] for more information about U.S.-specific paid time off provisions.

We use data and analytics technologies, such as artificial intelligence (AI), and automated processing tools, to analyze and process the information you provide to us or third parties in the application process. For more information, please refer to our personal information collection statement.