Head Of Finance, Manulife Bank, Canada Segment - Avp

We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and meaningfully challenged, we all thrive. Discover how you can grow your career, make impact and drive real change with our Winning Team today.

Working Arrangement

Hybrid

The Head of Finance, Manulife Bank, Canada Segment will be a strong financial and strategic leader to the CFO & Treasurer, Manulife Bank across all areas of the business, including reporting, analysis and controls.

The role will have interaction/interface with internal and external partners including external auditors and regulators, internal Canada Segment finance staff and a wide array of functional teams within the Bank and Segment. The incumbent will drive operational improvements and efficiency supporting the Finance Transformation within the Bank.

Responsibilities

Financial Reporting Delivery & Oversight

• Manage all aspects for finance for Manulife Bank including financial planning, expenses, capital, internal controls related to financial reporting, management reporting, budgeting, strategic planning and analysis for the Bank, and compliance with all reporting standards (IFRS, Tax)
• Identify and implement financial operational improvement initiatives to meet continuous improvement objectives.
• Oversee the period close process of the respective business areas within Manulife Bank
• Understand the reporting needs and information requirements of a variety of customers and perspectives.
• Ensure all financial reporting and analysis standards and requirements are met and that SOX/MAR controls are in compliance.
• Build effective relationships and establish a high level of credibility with colleagues and senior management across the Segment as well as the global Finance community.
• Act as the financial and accounting subject matter expert with overall accountability for providing accurate, timely, and reliable reporting and analysis to external audiences including regulatory bodies, rating agencies, and shareholders, as well to internal partners such as Segment senior management, Tax, Segment/Divisional Controllers and to the operating business of Manulife Bank.

Data Integrity and Special projects

• Act as a trusted advisor on new complex transactions and accounting processes, issues, and work.
• Oversee the accounting and data requirements for all financial systems that produce accounting results and data including automation opportunities, working with the Systems group to implement improvements and key initiatives
• Participate in the implementation of new accounting guidelines and / or changes to existing accounting policies and procedures.
• Provide oversight to the accounting and reporting teams
• Maintain controls and ensure readiness of reporting tools and databases
• Work closely with cross functional leads to develop solution on complex accounting and reporting issues.

Leadership And People Management

• Drive projects forward and lead change
• Provide leadership, direction, advice, and guidance to the team, to consistently maintain high levels of integrity, motivation and employee engagement
• Demonstrate strong interpersonal and leadership skills for people management.
• Provide regular feedback to staff through performance appraisals and on-the-job coaching and ensure appropriate development and training opportunities are provided.
• Identify and foster employee growth by setting stretch objectives to expand capabilities and competencies.
• Manage a team of professionals directly or indirectly
• Make decisions regarding employment, compensation, performance appraisals, training and development.

What motivates you?

• You do what is right, work with integrity and speak up.
• You think big, with curiosity to discover ways to use your agile approach and enable business outcomes.
• You take ownership and build solutions, focusing on what matters.
• You obsess about customers, listen, engage and act for their benefit.
• You share your humanity, helping us build a diverse and inclusive work environment for everyone.
• You thrive in teams and enjoy getting things done together.

What We Are Looking For

• Experience with financial reporting processes, data and information management, controls, reporting and analysis
• Strong finance background with 10+ years of increasing responsibility in financial accounting / reporting and analysis in Banking
• Superior written and verbal communication skills with the ability to cater the message to various partners including senior executives
• Strong interpersonal skills with the ability to build relationships across the Segment and with external partners; ability to collaborate, negotiate, and influence effectively
• CPA/CA designation required
• Strong knowledge of IFRS accounting
• Excellent analytical and problem-solving skills with strong attention to detail but have ability to assess complex situation with a big picture mentality.
• Ability to work with complex structures and consolidation accounting

What can we offer you?

• Flexible work policies and strong work-life balance.
• A competitive salary and benefits packages.
• Professional development and leadership opportunities.
• A focus on growing your career path with us.
• A growth trajectory that extends upward and outward, encouraging you to follow your passions and learn new skills.

Our commitment to you

• Values-first culture We lead with our Values every day and bring them to life together.
• Continuous innovation We invite you to help redefine the future of financial services.
• Delivering the promise of Diversity, Equity and Inclusion We foster an inclusive workplace where everyone thrives.
• Boundless opportunity We create opportunities to learn and grow at every stage of your career.
• Championing Corporate Citizenship We build a business that benefits all partners and has a positive social and environmental impact.

About Manulife And John Hancock

Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Asia, Canada, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions. At the end of 2022, we had more than 40,000 employees, over 116,000 agents, and thousands of distribution partners, serving over 34 million customers. At the end of 2022, we had $1.3 trillion (US$1.0 trillion) in assets under management and administration, including total invested assets of $0.4 trillion (US $0.3 trillion), and segregated funds net assets of $0.3 trillion (US$0.3 trillion). We trade as ‘MFC’ on the Toronto, New York, and the Philippine stock exchanges, and under ‘945’ in Hong Kong.

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].

Salary & Benefits

The annual base salary for this role is listed below.

Primary Location

CAN, Ontario, Toronto, 200 Bloor Street East

Salary range is expected to be between

$120,400.00 CAD - $223,700.00 CAD

If you are applying for this role outside of the primary location, please contact [email protected] 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 [email protected] for more information about U.S.-specific paid time off provisions.