Senior Financial Analyst, Fund Expenses and Reporting Team

In today’s dynamic global environment, effective financial management and robust reporting are essential for maintaining the integrity and success of our asset management operations. As part of GWAM Operations, our team plays a pivotal role in this mission. Join us to help drive excellence and innovation in financial management practices across our global operations.

We are seeking a Senior Financial Analyst to assist in the fund expenses and reporting practices of the Global Fund Services team within Global Wealth & Asset Management (GWAM). Reporting to the Manager of Fund Expenses and Reporting, the Senior Financial Analyst will be responsible for ensuring the accuracy and completeness of the fund expense management for the Manulife Canadian Mutual Funds, ETFs, and Pooled Funds as well as completing the production of various external and internal reports.

The Senior Financial Analyst will collaborate closely with various Operations teams within the Global Fund Services Operations, as well as with external stakeholders such as our external NAV agents and auditors.

Position Responsibilities:

• Prepare and manage fund expense budgets, ensuring comprehensive accruals are in place.
• Prepare and send expenses-related accounting entries to NAV agents for posting.
• Review and validate fund expenses to ensure they are accurately recorded; monitor and analyze expense variances.
• Review and process fund invoice payments following GWAM guidelines and leading practices.
• Supervise and manage the allocation of expenses charged to the funds.
• Supervise and review the Fund Expense Ratio calculation produced for Total Cost Reporting.
• Calculate and monitor the Management Expense Ratio (MER) monthly.
• Calculate and reconcile HST blended rates.
• Prepare, validate, and disseminate various monthly, quarterly, and annual reports, including Sales & AUM reports, to internal and external stakeholders.
• Support Manulife funds initiatives by acting as a trusted partner, ensuring the planning and execution of fund launches, mergers, and closures run smoothly.
• Work closely with cross-functional teams, including accounting, operations, and compliance, to support fund management activities.
• Communicate effectively with stakeholders to provide insights and updates on fund expenses and reporting activities.
• Review and update internal procedures as applicable.
• Identify opportunities for process improvements and implement best practices in fund expense management and reporting.
• Stay updated on industry trends and regulatory changes to ensure compliance and enhance the team's capabilities.

Required Qualifications:

• University degree in Accounting, Finance, or Business Administration, with 5+ years of relevant experience.