Balance Sheet Substantiation COE – Senior Finance Analyst

Are you looking for a supportive and collaborative workplace with great benefits and clear career development? You’ve come to the right place.

Why choose Manulife?

• Competitive Salary packages and performance bonuses
• Day 1 HMO + FREE coverage for your dependents (inclusive of same-sex partners)
• Retirement savings benefit
• Rewarding culture that values wellness and well-being
• Performance Bonus
• Global network of industry experts
• Extensive training resources

Job Description:

Key Responsibilities:

Accountable to the BSS COE Manager in MBPS, the role will drive standard balance sheet substantiation process and will be primarily accountable for: 

• Perform accurate balance sheet account reconciliations (including insurance-related accounts)
• Provide timely, accurate and insightful balance sheet substantiation commentary to facilitate business review meetings, business decisions and to drive finance accountability.  This requires working with regional teams and local Business Units to ensure that the information is sufficient
• Ensure transactions and account balances are stated accurately in accordance with IFRS17, GAAP and Company policy
• Identify, investigate, and resolve noted account reconciliation discrepancies by collaborating with Finance partners and Business Units
• Timely escalate unresolved account reconciliation issues to Manager
• Actively participate during governance meetings with Business Units and other stakeholders
• Maintain accurate documentation and records of all reconciliation activities, ensuring a clear audit trail
• Share best practices and implement process improvements for reconciliation efficiency and accuracy
• Partner with key stakeholders to identify process pain points and resolve issues
• Streamline reconciliation processes while ensuring compliance with internal controls and relevant regulations and policies
• In collaboration with transformation teams (Finance Process & Modernization and AFT), initiate possible automation to existing process and reporting (dashboard).. Utilize Enterprise Data Lake as main source of data for reconciliation and analysis
• Act as process owner of the end-to-end balance sheet substantiation process
• Provide necessary guidance and training to junior team members
• Participate in Regional priority and strategic projects as assigned or other ad hoc activities.   

Special Projects 

Special projects will arise from time to time that will require strong financial knowledge, strong analytical and organizational skills, and an innovative mindset. The role will be responsible for ad-hoc projects as required by senior management pertaining to new services and processes.  ​​

Qualifications:

• Bachelor’s degree in Accounting or Finance; accounting designation (CPA) is an advantage. 5+ years of progressive accounting operations and/or financial reporting experience; insurance industry experience is preferred. 
• Hybrid Work Arrangement: Amenability and readiness to work onsite and from home anytime (dependent on business need AND/OR current external environment/situation) and must be willing to work on a day shift schedule

Skills to Hire/Must Haves:

• Strong stakeholder management requiring persuasion, relationship building and negotiation skills
• Prior experience of working in shared services/offshore team is an advantage. 
• Excellent analytical and problem-solving capabilities
• Strong technical accounting skills with a solid understanding of the accounting environment
• Advanced Excel skills; experience with Blackline, Cadency or PowerBI is an advantage
• Self-starter, detail-oriented, willing to take ownership and accountability
• Able to cope in a fast paced and dynamic work environment, with the mindset of continuous improvement and aiming for excellence
• Strong oral/written communication skills required to interact with senior officers and representatives from other Divisions and functional departments
• Strong project management skills is an advantage.  
• Strong presentation skills. 
• Professional attitude and client service orientation; collaborative and results-oriented. 
• Strong organizational and time management skills with the ability to be flexible to changing environments. 
• Ability to work independently and willing to collaborate with other teams for a project with huge scale benefits. 

Let's make every day better together. Learn about our opportunities at JOBS.MANULIFE.COM
 

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].

Hybrid