Manager, IT Finance - Global Technology

Manulife; Toronto; Hybrid; CAD 86,000 - 156,000; Full time

Job summary

Manulife is seeking a Manager, IT Finance to support Global Technology. This role involves financial reporting, strategic planning, and analysis to aid decision-making across the organization. It requires strong financial expertise and excellent communication skills, emphasizing collaboration with senior executives.

Benefits

Health and dental coverage

Wellness benefits

Paid time off

Retirement savings plans

Qualifications

• Experience in FP&A consolidations and business partnering.
• 5+ years of related experience preferred.
• Expert in financial management for IT functions.

Responsibilities

• Coordinate, produce, and analyze monthly and quarterly financial reports.
• Manage preparation and consolidation of annual expense budgets.
• Perform key financial analysis and provide insights to leadership.

Skills

Financial analysis

Budgeting

Communication skills

Analytical skills

Problem-solving

Education

MBA or CPA designation

Tools

Essbase

Anaplan

PowerBI

Job description

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The Technology Finance team is responsible for providing financial advice to all areas of Global Technology including the Global CIO and the CIO Leadership teams, delivering accurate and comprehensive financial data, insights and reports on expenses/expense performance, acting as a trusted finance advisor to support attainment of business objectives and maintaining expense policy, accounting systems, building and maintaining a strong internal control environment to support risk management. The Technology Finance team’s mandate extends globally across all Manulife business units, products, and segments (Asia, Canada, Corporate, US, and Global Wealth and Asset Management).

Manager, IT Finance – Global Technology will act a trusted Finance advisor to the Technology leaders and their teams. This person will manage and supports the Global Technology finance consolidation activities, and partner with peer Finance team to provide clear and actionable analysis for the monthly expense results, outlook, and budgets across the function and provide overall financial support to the segment. This person is responsible for keeping functional and business entity management well informed of issues and status. These updates will come in the shape of formal reviews with Technology leadership, Segment CFOs and Global Technology leadership on a recurring basis. Linking the various drivers of expenses across the numerous products, markets, and value chains and Business Units is key to succeeding in this role. This position will report to the Director, IT Finance.

In addition to supporting ongoing business activities, this position will play an integral role in supporting transformation activities within Technology and the FP&A team. The position will be the primary finance representative for projects and strategic initiatives impacting Global Technology like; Global Technology Value Tracker, and any other strategic initiatives/business cases.

Position Responsibilities

• Reporting: Coordinate, produce, and analyze monthly and quarterly consolidated Global Technology expense reports which meet the needs of various users and customers. This includes maintaining and updating reporting related processes to align with evolving internal and external practices. Work to continuously improve the quality of reporting to ensure compliance with financial, operational and regulatory requirements and ensure the integrity of the expense accounts. Prepare and present regular expense updates to Leadership Teams (monthly reporting package, forecast/budget and actual expense update presentations).
• Strategic Planning & Forecasting: Manage the coordination, preparation, and consolidation of Global Technology annual expense budgets for inclusion in the annual planning process. This includes working with Planning Teams to influence the process, policy and systems which enables more transparent expense planning and attainment of efficiency improvements. Work to continuously improve processes to gain efficiency in production and enhance quality of information. Meet regularly with LT members and other key senior leaders in the Function to formulate and update assumptions.
• Analysis: Perform key financial analysis for the Global and Segment CIOs on an ongoing basis. While involving many of the above items (budgeting, reporting, etc.) it also entails producing in-depth analyses/forecasting/recommendations for targeted expense items, cost benefit analyses, fixed/variable costing, vendor analysis, offshoring assessments, allocations and staffing models. The role and the centralized expense management team should be a key business advisor to the Functional and Segment leaders.
• Transformation: Work to continuously improve processes to gain efficiency in production, standardize and enhance quality of information. Support implementation of the Expense Finance in Transformation program for the IT Finance team.
  
  

Required Qualifications

• A comprehensive knowledge of financial, planning & analysis function and activities, with prior experience in FP&A consolidations and business partnering.
• Prior knowledge of financial management for IT function, capitalization and project accounting and reporting, sound business practices and controls, and accounting/audit principles which apply to financial companies and the area of expense management.
• Expert knowledge of financial tools such as Essbase and Anaplan is needed.
• Working knowledge of visualization tools such as PowerBI is desirable
• Presence to independently deal with, support, and influence senior executives across the division and company.
• Strong written and oral communication skills, with proven ability to deliver presentations catered to different levels of leadership.
• Ability to influence others in aligning to a new vision; motivate others to accept progress and change.
• Excellent analytical and problem-solving skills
• Ability to multi-task and manage priorities in a demanding and result-oriented environment.
• Financial modeling skills.
• Team player, collaborative, self-starter, well-organized, innovative, and high level of initiative.
• Professional designation (MBA/CPA) preferred with 5+ years of related experience.
• Previous experience at the Lead Analyst/Manager level preferred.
  
  

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 [e-mail].

Referenced Salary Location

Toronto, Ontario

Working Arrangement

Hybrid

Salary range is expected to be between

$86,250.00 CAD - $155,250.00 CAD

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

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Information Technology

• Industries

  Insurance

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