Valuation Analyst

Manulife group; Boston, Northern (MA, KY); Hybrid; USD 73,000 - 122,000; Full time

Benefits offered by this job

Incentive programs

Job summary

Manulife/John Hancock is seeking a Valuation Analyst in Boston to support private assets through modeling, analytics and performance reporting. You will build and maintain valuation tools, prepare documentation, and provide practical recommendations to management.

The role requires 2+ years in accounting/analytics, strong Excel skills, and knowledge of private equity/DEBT valuation. Hybrid work arrangement with emphasis on accurate, timely analysis.

Qualifications

• Bachelor's degree required; Master plus CPA/CFA is a plus.
• 2+ years in accounting or financial analysis, preferably with valuation.
• Experience with valuation techniques for debt/equity or alternatives modeling.
• Knowledge of fixed income concepts: price, duration, yield, OAS.
• Understanding of private equity or private debt is a plus.
• Up to date with US GAAP and IFRS, strong written/verbal communication.
• Strong Excel/model-building skills; able to work with senior management.

Responsibilities

• Gather and track metrics used in investment models.
• Update valuation models and distribution waterfalls.
• Maintain portfolio cap tables and data accuracy.
• Prepare valuation documentation and management recommendations.
• Produce portfolio summaries and periodic senior-management reports.
• Develop comparable sets to drive valuation recommendations.
• Support quarterly/year-end financial reporting with accounting and auditors.
• Prepare investor reporting packages.

Skills

Financial modeling

Valuation methods

GAAP IFRS knowledge

Communication skills

Private equity/DEBT knowledge

Education

Bachelor's degree in finance/accounting

Master's degree, CPA and/or CFA a plus

Tools

Excel

Microsoft Office

Job description

Location: Boston, Massachusetts, United States of America

Valuation Analyst

The Valuation Analyst provides, modeling, analytical, valuation and/or performance reporting support for private assets and their management. The role focuses on the technical build out and maintenance of analytic tools. Based on thoughtful, accurate, and timely analysis, the incumbent will provide practical recommendations to management.

Responsibilities

• Gather and track key metrics and benchmarks used in investment models.
• Make determination as to appropriate variables, models, and metrics that drive value.
• Update measurement models for changes in measurement inputs.
• Develop valuation and distribution waterfalls based on investment documentation and take appropriate actions to raise and correct issues.
• Maintain portfolio company capitalization tables, request updates from portfolio companies as needed and resolve discrepancies in reported data.
• Contribute to the analysis and documentation of the valuation of new private equity securities recommended to the Investment Committee.
• Prepare documentation packages for each valuation, outlining the procedures, assumptions, and recommendations for management.
• Prepare portfolio summaries outlining the key individual and aggregate metrics related to valuations.
• Prepare periodic reports on overall portfolio performance for senior management.
• Develop and periodically review comparable (“comp”) sets to drive valuation recommendations.
• Identify issues requiring feedback and recommending options.
• Prepare status updates to the team for tracking the reporting process.
• Participate in the valuation approval meetings and valuation committee meetings.
• Work with the team's accounting staff and the firm's outside auditor in the preparation of quarterly and year-end financial documents for its funds.
• Prepare investor reporting packages.

Valuation/Performance Reporting

Qualifications

• Bachelor's degree (or international equivalent). Master's degree (or international equivalent), CPA and/or CFA a plus.
• Two (2) + years of experience in a related accounting or financial analyst position, preferably at a major public accounting firm or financial advisory firm.
• Prior work must include experience with either various valuation techniques for debt and equity securities or financial modeling for an Alternatives investment manager.
• Knowledge of fixed income securities concepts such as bond pricing, duration, yield, and option-adjusted spreads.
• Understanding of private equity, private debt, or the management of funds a plus.
• Must be up to date with current issues in US GAAP and IFRS.
• Excellent verbal and written communication skills.
• Working knowledge of Microsoft Office suite. Sophisticated Excel and model building skills.
• Ability to communicate with senior levels of management.
• Ability to work independently with a wide range of people, including internal and external customers, and meet deadlines while handling several assignments.

Decision Authorities

• Determination of appropriate valuation methodologies and variables.
• Recommendations for process changes to address accounting guidance and auditor concerns.
• Determination of appropriate data collection and processing procedures, applications, etc.
• Ability to schedule and prioritize work flows within deadlines.
• Ability to address issues and questions to keep progressing timeline to meet deadlines.

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.

The role being advertised is an existing vacancy.

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

Boston, Massachusetts

Working Arrangement

Hybrid

Salary range is expected to be between

$73,350.00 USD - $122,250.00 USD

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 [e-mail] for the salary range for your location.

Manulife/John Hancock 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/401(k) savings plans and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in the U.S. includes up to 11 paid holidays, 3 personal days, 150 hours of vacation, and 40 hours of sick time (or more where required by law) each year, and we offer the full range of statutory leaves of absence.

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.

Know Your Rights I Family & Medical Leave I Employee Polygraph Protection I Right to Work I E-Verify

Company: John Hancock Life Insurance Company (U.S.A.)