Senior Financial Analyst, Fund Expenses and Reporting Team

Senior Financial Analyst, Fund Expenses and Reporting Team In today’s dynamic global environment, effective financial management and robust reporting are essential for maintaining the integrity and success of our asset management operations. As part of GWAM Operations, our team plays a pivotal role in this mission. Join us to help drive excellence and innovation in financial management practices across our global operations.

Key Accountabilities

Prepare and manage fund expense budgets, ensuring comprehensive accruals are in place.

Prepare and send expenses-related accounting entries to NAV agents for posting.

Review and validate fund expenses to ensure they are accurately recorded; monitor and analyze expense variances.

Review and process fund invoice payments following GWAM guidelines and leading practices.

Supervise and manage the allocation of expenses charged to the funds.

Supervise and review the Fund Expense Ratio calculation produced for Total Cost Reporting.

Calculate and monitor the Management Expense Ratio (MER) monthly.

Calculate and reconcile HST blended rates.

Prepare, validate, and disseminate various monthly, quarterly, and annual reports, including Sales & AUM reports, to internal and external stakeholders.

Lead and coordinate the production process of the annual and interim MRFPs under NI 81-106 with various stakeholders, ensuring compliance with regulatory standards and adherence to deadlines.

Support Manulife funds initiatives by acting as a trusted partner, ensuring the planning and execution of fund launches, mergers, and closures run smoothly.

Work closely with cross-functional teams, including accounting, operations, and compliance, to support fund management activities.

Communicate effectively with stakeholders to provide insights and updates on fund expenses and reporting activities.

Review and update internal procedures as applicable.

Identify opportunities for process improvements and implement best practices in fund expense management and reporting.

Stay updated on industry trends and regulatory changes to ensure compliance and enhance the team's capabilities.

Qualifications

University degree in Accounting, Finance, or Business Administration, with 5+ years of relevant experience.

Professional accounting designation (CPA, CMA, CGA) with experience in investment funds.

Strong knowledge of fund accounting, fund expense management, and/or fund reporting processes.

Experience with regulatory reporting and preparation of the Management Report of Fund Performance is highly desirable.

Knowledge and understanding of International Financial Reporting Standards (IFRS) is an asset.

Advanced knowledge of Microsoft Excel.

Excellent time management skills and the ability to prioritize tasks to meet deadlines efficiently.

Strong analytical and inquiry skills to understand finance and operational processes and controls.

Experience with fund accounting and reporting systems and Power BI – Power App tools is a plus (e.g., Fund Suite ARC, MPower).

Bilingualism (English and French) is a strong 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.

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 recruitment@manulife.com.

Referenced Salary Location Toronto, Ontario

Working Arrangement Hybrid

Salary range is expected to be between $71,925.00 CAD – $119,875.00 CAD

Seniority Level Mid-Senior level

Employment Type Full-time

Job Function Finance and Sales

Industries Insurance

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