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Senior Financial Analyst, Accounting Advisory

Manulife
Full-time
On-site
Toronto

The Global WAM Accounting & Reporting Accounting Advisory team serves as a key resource for internal and external partners worldwide, offering financial information, analysis, and decision support to enhance shareholder value. Reporting to the Director of Accounting Advisory, the Senior Financial Analyst provides accounting advice for General Account and Private Market investments, supports transaction advisory on consolidation and derecognition issues, and participates in implementing new accounting standards. The role also supports the Private Alternative Investment Valuation Committee with oversight of private investment valuations, including Real Estate, Infrastructure, and Private Equity. The ideal candidate possesses technical accounting knowledge, particularly in private alternative investments, and stays current on IFRS, US GAAP, and NAIC standards, demonstrating creativity and strategic thinking to collaboratively address critical issues. Position Responsibilities: Accounting Advisory Assist in researching and providing guidance on the appropriate and practical accounting treatment for all new private equity or alternative long duration assets as well as new products and entity structures; Assist in providing transaction advisory support on issues such as consolidation, derecognition, and participation in implementation of new accounting standards for investments in collaboration and consultation with the Group Accounting Policy team. Be a trusted accounting advisor to our Genera Account Front Office and Private Markets Asset Class teams including Manulife Investment Management Private Equity & Credit Group (MIMPEC) and Manulife Investment Management Timberland and Agriculture Group (MIMTA), by translating and communicating complex accounting topics and recommending changes in the realization of business/strategic goals; Support in the monitoring of new accounting pronouncements and assist in the impact analysis of such developments to the organization. Assist in ensuring that the implications to the Investment Division of such developments are well understood and that our accounting policies remain appropriate; Work with various partners, including legal, corporate policy, capital advisory, investment teams across our US, Canada and Asia Segments in launch of new third-party products or mandate to achieve desired accounting treatment. Prepare memos and other formal documentation on accounting treatments discussed with Private Markets stakeholders Assist in ad-hoc projects and implementation of new accounting standards and other projects in the accounting advisory area. Prepare first level interim and full reviews of internally valued private equity investments and summarize results Coordinate and perform the first level of review for MIMPEC fund valuations Required Qualifications: A professional accounting designation or in the process of obtaining a professional accounting designation (i.e., CA/CPA) is required; Finance designation (CFA) is a plus. 2+ years accounting/financial services experience. Background with a technical accounting policy, advisory, consulting, or similar function within a large public accounting firm or financial institution is preferable. Working knowledge of accounting principles and procedures, including IFRS and US GAAP. Some knowledge of NAIC accounting is preferable. Must be diligent and quick to understand and apply new concepts. Strong project management skills to effectively control the course of special projects. Demonstrated strong written and verbal communication skills to work productively with business unit partner and to exchange information with others. 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 If you are applying for this role outside of the primary location, please contact recruitment@manulife.com for the salary range for your location. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance. 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 recruitment@manulife.com for more information about U.S.-specific paid time off provisions. We're Manulife. And we’re on a mission to make decisions easier and lives better. Better is what drives us. It’s what inspires us to find new ways to support customers and colleagues in living longer and healthier lives. It’s the reason we’re dedicated to investing in digital innovation and accelerating a sustainable and economically inclusive future. Joining us means you’ll be empowered to learn and grow your career. We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words. And as part of our global team, you’ll help shape the future you want to see – and discover that better can take you anywhere you want to go. We’re proud of our accomplishments and recognitions. Recent awards include: 2024 Gallup Exceptional Workplace Award Winner Manulife Named one of Forbes World’s Best Employers 2023 Best Companies to Work for in Asia 2023 We’ve been recognized as one of Canada’s Top 100 Employers (2024) Manulife included in Bloomberg’s 2023 Gender-Equality Index To receive our latest job opportunities directly to your inbox, create an account or sign in and navigate to the ‘Job Alerts’ section located in the top right corner of the page. From there, you can sign up to receive job alerts. Our ambition is to be the most digital, customer-centric global company in our industry. Learn more at https://www.manulife.com/.

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