Job Description

The Associate Director, Financial Reporting is responsible for delivery of the accounting, reporting, reconciliation, analysis, audit and control activities for International HNW business unit. This role supports operational reporting, internal reporting and external reporting activities, SOX controls, audit support, regulatory reporting support, statutory filings and business reporting deliverables. This role requires a strong finance professional with practical close, reporting and control experience, strong attention to detail, and the ability to manage recurring production deliverables while supporting transition, process documentation and improvement.

Position Responsibilities:

1) Financial controllership, Accounting and Controls

• Prepare, review and support monthly, quarterly and year-end close deliverables for International HNW business unit.

• Perform and review journal entries, reconciliations, roll forwards, analysis and validations, including commissions, funding analysis, commissions summary and distribution, intra-entity reconciliation, balance sheet clearing entries and reinsurance asset / insurance liability reclass entries.

• Execute close controls, maintain supporting documentation, investigate variances and coordinate resolution of issues with relevant teams.

• Support balance sheet substantiation and financial statement close control processes.

2) Operational reporting, controls and audit support

• Support operational reporting deliverables including income statement testing for audit, commission-to-premium analysis, actuarial actual validation and annual RI version upgrade testing.

• Support actuarial analysis and seriatim data requests, ledger/accounting model support for new products, Segregated Fund reporting, and RI setup/testing of new insurance portfolios and subgroups.

• Support internal and external audit and SOX control requirements by preparing schedules, control evidence, analysis and responses to audit queries.

• Support intercompany settlement process

3) Internal and external reporting

• Prepare and support International HNW internal reporting deliverables, including non-investment pledged assets, capital asset write-down, unclaimed property, other revenue, quarterly package.

• Support Bermuda Branch external reporting deliverables, including Quarterly Board Reporting and Quarterly Financial Returns for regulators

4) Stakeholder management and leadership

• Identify opportunities to simplify, standardize and improve reporting processes, controls and documentation.

• Work collaboratively with Actuarial and Finance stakeholders to manage dependencies during quarter-end close

Required Qualifications:

• Bachelor’s degree in Finance, Accounting, or a related field.

• CPA qualification is required.

• Minimum of 8+ years relevant finance experience, preferably within insurance industry.

• Strong written and verbal communication skills.

Preferred Qualifications:

• Strong knowledge of accounting including IFRS17, financial reporting, reconciliations, journal entries and internal controls.

• Practical insurance finance experience, preferably with life insurance products, reinsurance, regulatory reporting or SOX controls.

• Strong attention to detail and ability to manage recurring deliverables under tight reporting timelines.

• Strong analytical, problem-solving and organizational skills; ability to investigate variances, identify root causes and coordinate issue resolution.

• Good stakeholder management skills and ability to collaborate across Finance, Actuarial, Operations, Product and Data teams.

• Proficiency in Microsoft Office and relevant finance systems; enthusiastic about adopting new technologies to improve efficiency and effectiveness.

• Prior experience in close production, reporting controls, audit support, regulatory reporting and process transition would be an advantage.

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 hr@manulife.com

Hybrid