Manulife Looking for Senior Financial Analyst at Toronto, ON Full Time

Are you looking for a supportive, collaborative workplace with great teams and inspiring leaders? You’ve come to the right place. We’re looking for ambitious people who share our values and want to make every day better for people around the world. If this sounds like you, and the career below sounds exciting, we’d like to hear from you.

Hybrid

Job Description

Who we are:

Manulife Wealth & Asset Management (“WAM”) is the global asset management arm of Manulife, providing comprehensive asset management solutions for investors. This investment expertise extends across a broad range of public and private asset classes, as well as asset allocation solutions. Our Private Markets segment has expertise in several private asset classes, including commercial real estate, timberland and farmland, biomass renewable energy and oil and gas. Private Markets also partners with Manulife’s specialized private asset investment teams to invest in private placement debt, commercial mortgages, private equity and mezzanine debt.

Currently, there are several funds with external investors in Infrastructure, Real Estate, Commercial Mortgages, Private Debts, Timber, Agriculture and Natural Resources with an aggregate Assets Under Management (“AUM”) of over $20 billion. This AUM is expected to grow further over the next few years within both our existing products, the development and the launch of new products, several of which are in various stages of development.

Job Requirements

The Senior Financial Analyst, Private Markets Financial Reporting & Advisory will be part of the Infrastructure Reporting and Accounting, Centre of Excellence (COE) team. The role of the WAM Private Markets Financing Reporting & Advisory team is to support the Private Markets products on all financial reporting aspects of the business. Reporting to the Director of Finance and Accounting, the Senior Financial Analyst will be accountable for completing financial reporting and providing analytical support to produce financial reports and ongoing operations of the funds, with a primary focus on Infrastructure. This role will work closely with several teams throughout the organization to deliver timely results to Stakeholders. The Senior Financial Analyst role demands not only an in-depth accounting knowledge base, but also the ability to work independently and communicate effectively to various stakeholders while managing multiple priorities in line with the deliverable deadlines.

Key Accountabilities:

• Prepare the quarterly and annual financial statements for multiple Infrastructure Funds including disclosures for compliance with IFRS and / or US GAAP frameworks.
• Review and ensuring accuracy as well as completeness of information provided by the third-party Fund administrator and various internal team.
• Assist in the preparation of the quarterly Board reporting package and provide supporting financial analysis as required.
• Develop entity level expense budgets and prepare cash flows models based on forecast. Analyze and develop forward looking analyses and projections as required by Director & Manager of Financial Reporting as well as Portfolio Management team.
• Understanding the complex structures and their expense management.
• Assist in the preparation of material of various committees.
• Analyze and monitor entity level expense budget to actual expenses.
• Manage the annual audit and work directly with external auditors for the infrastructure funds.
• Assist with providing select financial information for the annual tax filings and investor reports.
• Collaborate with various departments including Front Office, Fund Accounting, Capital Markets, Portfolio Managers, Legal, Tax, etc.
• Assist the team to ensure process and controls are in place to meet Tax, Regulatory and compliance requirements on an ongoing basis.
• Stay current on Accounting, Reporting, Legal and Regulatory developments impacting the Infrastructure and Private Markets businesses.
• Seek opportunities for process improvement, and design effective and efficient reporting processes and solutions where needed.
• Assist with ad-hoc projects and new initiatives within the department.

Education and Qualifications:

• University Degree in Accounting or Finance.
• Certified Public Accountant (CPA), or equivalent accounting or finance professional credential with training completed with a Big 4 firm preferred.
• Strong knowledge of US GAAP and IFRS financial reporting.
• Effective time management skills, with the ability to multi-task, effectively prioritize, work under tight timelines.
• Ability to create and maintain strong relationships with people at all levels and different functions throughout the organization and with external partners.
• Strong oral and written communication skills with the ability to work with large cross functional teams and develop consensus with stakeholders. Ability to communicate complex concepts and results in a clear, concise and easy to understand manner.
• Well organized and with high level of energy and initiative to perform in a fast paced and challenging environment.
• Detailed oriented with a team first attitude, and ability to see the bigger picture.
• Ability to work independently and establish priorities to meet deadlines.
• Advanced level of proficiency in MS Excel and other MS office tools (e.g. Word and PowerPoint to develop reports, documents and presentations).
• Flexibility to work extra hours as needed while working under tight deadlines.
• Experience with Infrastructure mandate a strong plus.

Every career at Manulife/John Hancock provides the opportunity to learn new skills and move your career forward. Ready to make an impact somewhere? What are you waiting for? Apply today.

About John Hancock and Manulife

John Hancock is a unit of Manulife Financial Corporation, a leading international financial services group that helps people make their decisions easier and lives better. We operate primarily as John Hancock in the United States, and Manulife globally, including Canada, Asia and Europe. We provide financial advice, insurance and wealth and asset management solutions for individuals, groups and institutions. Assets under management and administration by Manulife and its subsidiaries were CAD$1.3 trillion (US$1.1 trillion) as of June 30, 2021. Manulife Financial Corporation trades as MFC on the TSX, NYSE, and PSE, and under 945 on the SEHK. Manulife can be found at manulife.com .

One of the largest life insurers in the United States, John Hancock supports more than 10 million Americans with a broad range of financial products, including life insurance , annuities , investments , 401(k) plans , and education savings plans . Additional information about John Hancock may be found at johnhancock.com .

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 recruitment@manulife.com .