Manager Financial Systems & Control

As a member of the US FSSC, the Manager Financial Systems & Control will report to the Director, Financial Processes & Controls, and plays a critical role in supporting the development, validation, and operational execution of accounting models for new insurance products. This position combines technical accounting expertise, data processing, and cross-functional collaboration to ensure accurate financial reporting and efficient implementation of new product initiatives. You will operate within a team-based environment and requires strong communication, analytical, systems, and problem-solving capabilities.

Position Responsibilities: 

Accounting Model Development:

• Build and enhance accounting models to support new insurance product launches

• Translate complex product features into structured accounting frameworks aligning with applicable accounting standards and internal policies

• Coordinate with Global Finance to setup new accounts, accounting units, system codes, etc. in the general ledger

Model Testing & Validation:

• Execute comprehensive testing of new accounting models using a variety of tools and methodologies

• Review policy administration system accounting to general ledger postings to ensure completeness and accuracy

• Identify, analyze, communicate and resolve discrepancies to ensure model accuracy and completeness

• Partner with stakeholders to validate assumptions, inputs, and outputs

Data Processing & Systems Execution:

• Run and manage large data files through financial systems and general ledger platforms

• Support system integration efforts, ADH, Inventory Control, Treasury, AVR, General Ledger, related to new product implementations

Project Coordination & Reporting:

• Provide clear and concise status updates to internal and external stakeholders and management

• Track progress against timelines, identify risks, and escalate issues as needed

• Support delivery of key milestones across multiple concurrent initiatives

Collaboration & Stakeholder Engagement:

• Work effectively as part of a large, cross-functional team, including Finance, Actuarial, Operations, IT, and external venders and partners

• Work with users and Group IT to revolve errors in accounting activity

• Communicate complex financial and technical concepts in a clear and actionable manner

• Foster strong working relationships to support successful project outcomes

• Maintain strong process documentation  

Required Qualifications:

• Undergraduate degree concentrating in Accounting; CPA is an advantage 

• 4+ years of accounting, preferably in life insurance 

• Knowledge of accounting/ledger systems, tools

• Ability to work under tight deadlines, manage and organize priorities, troubleshoot, use judgment, and deliver timely and quality results

• Strong professional judgment, accountability, customer service, and eye for efficiency improvements  

• Excellent written and oral communication skills and analytical and problem-solving skills  

• Ability to work both independently and collaborate with international team members and colleagues

• Proficiency with Microsoft Office and ability to learn new applications quickly

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

If you are applying to this role in Massachusetts, please note the salary range is $88,425 - $153,270 USD. Additionally, employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.

#LI-Hybrid

The role being advertised is an existing vacancy.

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].

Referenced Salary Location

CAN, Ontario, Toronto, 200 Bloor Street EastHybrid

Salary range is expected to be between

$92,900.00 CAD - $142,900.00 CAD

Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance. 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. If you are applying for this role outside of the primary location, please contact [email protected] for the salary range for your location.

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.

We use data and analytics technologies, such as artificial intelligence (AI), and automated processing tools, to analyze and process the information you provide to us or third parties in the application process. For more information, please refer to our personal information collection statement.