Manulife Financial Corporation

Manager Financial Systems & Control

Manulife Financial Corporation$88K — $153K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Undergraduate degree in Accounting; CPA preferred.
  • 4+ years experience in accounting, preferably in life insurance.
  • Knowledge of accounting and ledger systems.
  • Strong organizational skills with the ability to manage tight deadlines.
  • Excellent problem-solving and analytical abilities.
  • Proficient in Microsoft Office with quick adaptability to new applications.

Responsibilities

  • Build and enhance accounting models for new insurance products.
  • Translate product features into accounting frameworks compliant with standards.
  • Coordinate setup of accounts and system codes with Global Finance.
  • Execute testing of accounting models using various methodologies.
  • Review general ledger postings for accuracy and completeness.
  • Manage data processing through financial systems for new product implementations.
  • Provide clear status updates and track project progress across initiatives.

Benefits

  • Flexible work environment supporting well-being and inclusion.
  • Opportunities for career growth and development.
  • Support for shaping a future aligned with personal goals.
  • Customizable health, dental, and wellness benefits.
  • Generous paid time off including vacation, personal, and sick leave.
Full Job Description
As a member of the US FSSC, the Manager Financial Systems & Control will report to the Director, Financial Processes & Controls, and plays a critical role in supporting the development, validation, and operational execution of accounting models for new insurance products. This position combines technical accounting expertise, data processing, and cross-functional collaboration to ensure accurate financial reporting and efficient implementation of new product initiatives. You will operate within a team-based environment and requires strong communication, analytical, systems, and problem-solving capabilities.

Position Responsibilities:

Accounting Model Development:
  • Build and enhance accounting models to support new insurance product launches
  • Translate complex product features into structured accounting frameworks aligning with applicable accounting standards and internal policies
  • Coordinate with Global Finance to setup new accounts, accounting units, system codes, etc. in the general ledger

Model Testing & Validation:
  • Execute comprehensive testing of new accounting models using a variety of tools and methodologies
  • Review policy administration system accounting to general ledger postings to ensure completeness and accuracy
  • Identify, analyze, communicate and resolve discrepancies to ensure model accuracy and completeness
  • Partner with stakeholders to validate assumptions, inputs, and outputs

Data Processing & Systems Execution:
  • Run and manage large data files through financial systems and general ledger platforms
  • Support system integration efforts, ADH, Inventory Control, Treasury, AVR, General Ledger, related to new product implementations

Project Coordination & Reporting:
  • Provide clear and concise status updates to internal and external stakeholders and management
  • Track progress against timelines, identify risks, and escalate issues as needed
  • Support delivery of key milestones across multiple concurrent initiatives

Collaboration & Stakeholder Engagement:
  • Work effectively as part of a large, cross-functional team, including Finance, Actuarial, Operations, IT, and external venders and partners
  • Work with users and Group IT to revolve errors in accounting activity
  • Communicate complex financial and technical concepts in a clear and actionable manner
  • Foster strong working relationships to support successful project outcomes
  • Maintain strong process documentation


Required Qualifications:
  • Undergraduate degree concentrating in Accounting; CPA is an advantage
  • 4+ years of accounting, preferably in life insurance
  • Knowledge of accounting/ledger systems, tools
  • Ability to work under tight deadlines, manage and organize priorities, troubleshoot, use judgment, and deliver timely and quality results
  • Strong professional judgment, accountability, customer service, and eye for efficiency improvements
  • Excellent written and oral communication skills and analytical and problem-solving skills
  • Ability to work both independently and collaborate with international team members and colleagues
  • Proficiency with Microsoft Office and ability to learn new applications quickly


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


If you are applying to this role in Massachusetts, please note the salary range is $88,425 - $153,270 USD. Additionally, employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.

#LI-Hybrid

The role being advertised is an existing vacancy.

Referenced Salary Location
CAN, Ontario, Toronto, 200 Bloor Street East

Working Arrangement

Hybrid

Salary range is expected to be between
$92,900.00 CAD - $142,900.00 CAD

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 [email protected] for the salary range for your location.

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 [email protected] for more information about U.S.-specific paid time off provisions.

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.

About Manulife Financial Corporation

John Hancock's core retail products in the U.S. focus on providing financial solutions at every stage of our clients' lives. Our product suite includes life insurance, mutual funds, 401(k) plans, long-term care (LTC) insurance, and annuities. We distribute our products primarily through licensed financial advisors, and through John Hancock Financial Network, a national network of independent firms.

Manulife Financial Corporation Careers

Join the dynamic team at Manulife Financial Corporation, a leading global financial services group dedicated to helping people make their decisions easier and lives better. With a presence in more than 20 countries, Manulife offers a diverse range of job opportunities that empower professional growth and innovation in the financial sector. Work You’ll Do At Manulife, every position contributes to our inclusive culture of diversity, leadership, and innovation. We are committed to fostering a workplace where every team member feels valued and has the opportunity for personal and professional growth. Join us to be part of a company that values your skills and passion. Explore a Wealth of Opportunities Whether you're seeking your first internship or a seasoned professional aiming to advance your career, Manulife offers a spectrum of career paths ranging from finance and marketing to technology and customer service. Our job opportunities are designed to enhance your skills through robust training programs and hands-on experience in a supportive environment. Innovate with Us Drive transformation in the financial services industry with Manulife’s commitment to technology and innovation. Work alongside over 34,000 professionals globally, leveraging cutting-edge tools and processes that redefine how financial services are delivered. Be Part of a Great Team Manulife’s team-oriented approach ensures that everyone’s voice is heard and valued. Collaborate with talented professionals from diverse backgrounds to develop solutions that improve the lives of our customers. Enjoy the benefits of a global company that supports your ambitions with resources and opportunities to lead and innovate. Future-Proof Your Career Manulife supports your career journey with continuous learning and development opportunities. From leadership training to networking events, we provide the tools to succeed and the platforms to showcase your achievements. Our commitment to career growth ensures that your journey with us will be rewarding and impactful. Stay Connected Join Our Team Discover the range of job opportunities at Manulife by exploring open positions that match your skills and interests. We are always on the lookout for curious, driven, and innovative team players who are ready to make a difference. Keep Up to Date Stay informed with the latest company news, career tips, and industry insights—all from the people who work here. Manulife is dedicated to providing you with the resources to thrive in your career. Job Alert Emails Customize your experience by subscribing to receive job alerts and insider information tailored to your preferences. Learn about exciting and rewarding opportunities as they arise and how you can be a part of our transformative team. Join Manulife Financial Corporation today and be part of a leading company where your career is as rewarding as it is impactful. Explore how far your talents can take you in an environment built on respect, integrity, and a desire to achieve the best outcomes for our clients and our team.
Learn more about Manulife Financial Corporation
Size
38,000 employees
Market Cap
$33.4 billion
Industry
Founded
1887
5 Year Trend
+1%
NASDAQ

Similar Jobs

More Jobs at Manulife Financial Corporation

More Finance & Insurance Jobs

Find similar Manager Financial Systems & Control jobs: