Finance Transformation And Operations Excellence Consultant

Manulife; Manila; Hybrid; PHP 1,200,000 - 2,000,000; Full time

Job summary

Manulife Balance Sheet Substantiation COE seeks a Senior Finance Analyst to ensure accuracy and compliance of balance sheet accounts, enhance reconciliation processes, and support financial reporting.

Role involves working with regional offices and business units to improve governance and efficiency, driving standard reconciliation practices and providing insightful commentary for business reviews.

Qualifications

• Bachelor’s degree in Accounting or Finance; CPA designation is an advantage.
• 5+ years of progressive accounting operations and/or financial reporting experience; insurance industry preferred.
• Strong stakeholder management, persuasion, relationship-building, negotiation.
• Experience in shared services/offshore teams is advantageous.
• Excellent analytical and problem-solving capabilities.
• Strong technical accounting skills with a solid accounting environment knowledge.
• Advanced Excel; PowerBI experience advantageous.
• Self-starter, detail-oriented, ownership-minded.
• Able to cope in a fast-paced, dynamic environment with continuous improvement mindset.
• Strong oral/written communication with senior officers across divisions.
• Project management skills advantageous.

Responsibilities

• Drive standard balance sheet substantiation process end-to-end.
• Perform accurate balance sheet reconciliations, including insurance accounts.
• Provide timely, accurate balance sheet commentary for business reviews.
• Collaborate with regional teams and local business units to ensure complete information.
• Ensure IFRS17/GAAP compliance and adherence to company policy.
• Identify and resolve reconciliation discrepancies with finance partners.
• Escalate unresolved issues to management promptly.
• Participate in governance meetings with stakeholders.
• Maintain documentation and audit trails of reconciliations.
• Share best practices and drive process improvements.
• Evaluate tools (Anaplan, Alteryx, PowerSuite, Workiva) for improvements.
• Utilize Enterprise Data Lake as data source for reconciliations and analysis.
• Provide guidance and training to junior team members.
• Engage in regional priority and strategic projects.

Skills

Reconciliation

IFRS17

GAAP

Excel

PowerBI

Stakeholder mgmt

Audit trail

Financial reporting

Analytical skills

Education

Bachelor’s in Accounting/Finance

CPA designation advantageous

Tools

Anaplan

Alteryx

PowerSuite

Workiva

Job description

Job Description:

Job Summary

The Balance Sheet Substantiation COE – Senior Finance Analyst will ensure the accuracy and compliance of balance sheet accounts, enhance reconciliation processes, and support financial reporting requirements.

Working with Regional Offices and Business Units, the role is expected to achieve the business objective of an improved balance sheet substantiation process by providing governance and oversight on process performance and efficiency.

The Finance department currently has different teams in MGS. The key responsibilities are Finance Controllership, Accounting period close activities, financial reporting, GL and suspense reconciliations, expense reporting and analysis, management reporting and financial planning & analysis.

Role and Responsibilities

• Accountable to the BSS COE Manager in MBPS, the role will drive standard balance sheet substantiation process and will be primarily accountable for:
• Perform accurate balance sheet account reconciliations (including insurance-related accounts).
• Provide timely, accurate and insightful balance sheet substantiation commentary to facilitate business review meetings, business decisions and to drive finance accountability.
• This requires working with regional teams and local Business Units to ensure that the information is sufficient.
• Ensure transactions and account balances are stated accurately in accordance with IFRS17, GAAP and Company policy.
• Identify, investigate, and resolve noted account reconciliation discrepancies by collaborating with Finance partners and Business Units.
• Timely escalated unresolved account reconciliation issues to Manager.
• Actively participate during governance meetings with Business Units and other stakeholders.
• Maintain accurate documentation and records of all reconciliation activities, ensuring a clear audit trail.
• Share best practices and implement process improvements for reconciliation efficiency and accuracy.
• Partner with key stakeholders to identify process pain points and resolve issues.
• Streamline reconciliation processes while ensuring compliance with internal controls and relevant regulations and policies.
• Identify appropriate tool (Anaplan, Alteryx, PowerSuite, Workiva) to implement process improvements.
• Utilize Enterprise Data Lake as main source of data for reconciliation and analysis.
• Act as process owner of the end-to-end balance sheet substantiation process.
• Provide necessary guidance and training to junior team members.
• Participate in Regional priority and strategic projects as assigned or other ad hoc activities.

Special Projects

Special projects will arise from time to time that will require strong financial knowledge, strong analytical and organizational skills, and an innovative mindset. The role will be responsible for ad-hoc projects as required by senior management pertaining to new services and processes.

Qualifications

• Bachelor’s degree in Accounting or Finance; accounting designation (CPA) is an advantage.
• 5+ years of progressive accounting operations and/or financial reporting experience; insurance industry experience is preferred.
• Strong stakeholder management requiring persuasion, relationship building and negotiation skills.
• Prior experience of working in shared services/offshore team is an advantage.
• Excellent analytical and problem-solving capabilities.
• Strong technical accounting skills with a solid understanding of the accounting environment.
• Advanced Excel skills; experience with PowerBI is an advantage.
• Self-starter, detail-oriented, willing to take ownership and accountability.
• Able to cope in a fast paced and dynamic work environment, with the mindset of continuous improvement and aiming for excellence.
• Strong oral/written communication skills required to interact with senior officers and representatives from other Divisions and functional departments.
• Strong project management skills is an advantage.

• Strong presentation skills.
• Professional attitude and client service orientation; collaborative and results-oriented.
• Strong organizational and time management skills with the ability to be flexible to changing environments.
• Ability to work independently and willing to collaborate with other teams for a project with huge scale benefits.

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].

Working Arrangement

Hybrid

Requirements: