Derivatives Accounting Analyst: Reconciliation & Reporting

Manulife Financial; Quezon City; Hybrid; PHP 558,000 - 892,800; Full time

Job summary

Manulife Financial Corporation is seeking a financial reporting professional to ensure accurate derivatives reconciliation, accounting close, and reporting. The role involves comprehensive reconciliations, GL adjustments, and collaboration across business units.

The candidate will support audits, respond to information requests, and help document processes in a hybrid setup (3x onsite in Quezon City). A finance degree and experience with derivative products are preferred.

Qualifications

• Bachelor's degree in accounting or a related finance field.
• Exposure to derivative products is a plus.
• Understanding of accounting principles and procedures.
• Advanced knowledge of IFS Applications (Lawson, Essbase, DART).
• Proficiency in Microsoft Office and Power BI/Excel.
• Willing to work mid-shift | hybrid work setup 3x weekly onsite in Quezon City.

Responsibilities

• Performs daily reconciliation of OTC, cleared swaps and derivative suspense accounts.
• Prepares quarterly summary suspense reconciliations with SOX commentary.
• Reconciles cash collateral and initial margin accounts for derivatives.
• Performs derivative accounts reconciliations.
• Posts daily, monthly, and quarterly complex GL adjustments.
• Prepares complete monthly, quarterly, and annual financial reporting.
• Supports quarterly financial close with the business unit.
• Assists audits by providing requested information.
• Provides timely responses to information requests from units.
• Contributes to process documentation.

Skills

Analytical skills

Attention to detail

Communication skills

Education

Bachelor's degree in accounting

Tools

IFS Applications (Lawson, Essbase, DART)

Microsoft Office

Power BI

Excel

Job description

Manulife Financial Corporation is seeking a financial reporting professional to ensure accurate derivatives reconciliation, accounting close, and reporting. The role involves comprehensive reconciliations, GL adjustments, and collaboration across business units.

The candidate will support audits, respond to information requests, and help document processes in a hybrid setup (3x onsite in Quezon City). A finance degree and experience with derivative products are preferred.