Senior Financial 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:

We’re looking for a Senior Financial Analyst to join our Finance team at MBPS. In this role, you are responsible for US  Retail Comp payout, analysis and reporting processes, supporting the monthly and quarterly financial compensation cycle , and coordinating regional efforts on process standardization and documentation.

Have the skills and knowledge for the job? Learn more about the opening below!

Key Responsibilities:

• Prepare and update compensation letters of salespersons based on the final offer details and any revisions in the agreement initially provided (e.g. Base salary adjustments, guarantee amounts, etc.)
• Prepare and upload all monthly accrual journal entries and other adjustments after work area validation
• Monthly reporting of Compensation expense variance to plan to be submitted to the Expense Team
• Gather, organize sales data and calculate accurately monthly, quarterly and annual incentive compensation. Investigate and resolve any discrepancies.
• Validate the amounts to be submitted to payroll versus the individual statements
• Timely and accurate distribution of incentive compensation statements to the sales team
• Preparation and distribution of Incentive Run rate reports (Actual vs. Target) to the Heads of each sales team
• Strict monitoring of checklists for any movements i.e. recording of new hires, termination, leaves and coverages, changes in sales data, dates and amounts of guarantees, etc.
• Initiate improvements by exploring, identifying, and implementing reporting, analysis, and process solutions
• Respond to internal ad-hoc requests/queries related to incentive compensation
• Works closely with the Director of Field Compensation to ensure a smooth reporting and planning process
• Responsible for training back-up resource within the team to ensure continuity of business processes

Qualifications

• Graduate in Accounting/Finance or any related course.
• Minimum of 5 years of experience in accounting or finance role, Wealth and Asset Management industry experience an asset
• Mus have advance knowledge in MS Excel (pivot, vlookup, formulas)
• Knowledge of IFRS tools (Hyperion-Essbase, Lawson)
• Strong technical accounting skills with a solid understanding of the business environment and financial reporting structure to provide value-added analysis
• Strong attention to detail
• Proven ability to thrive in a fast pace, high-performing, and collaborative team environment while managing multiple, constantly changing priorities and ad-hoc requests
• Amenability and readiness to work onsite and from home anytime (dependent on business need AND/OR current external environment/situation)
• Amenable to work on a mid shift schedule.

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