Manager, Canadian IT Finance

Job title: Manager, Canadian IT Finance

Company: Manulife

Job description: Are you looking for unlimited opportunities to develop and succeed? With work that challenges and makes a difference, within a flexible and supportive environment, we can help our customers achieve their dreams and aspirations.

Job Description Department: Group Finance

​ Reports to: Director, Canadian Information Technology Finance

​ Background:

​ The Canadian IT Finance team is responsible providing financial advice to all areas of Canadian IT including the Chief Information Officer (CIO) and the CIO Leadership team, delivering accurate and comprehensive financial data and reports on expenses/expense performance, maintaining expense policy and accounting systems as well as building and maintaining a strong internal control environment to support risk management and the attainment of business objectives.Manulife’s global technology function has $1.8bn of annual direct operating spend in Information technology, infrastructure and related initiatives. The IT expense base is spread across 5 segments (Asia, Canada, Corporate, US, and Global Wealth and Asset Management), multiple business lines, multiple shared service centers and numerous product lines globally. The expense base is complex and spans over 12 000 FTEs, 1500+ applications and 500+ vendors.​Key responsibilities:
The Manager, Canadian Information Technology Finance is a key role on the IT Finance team, responsible for supporting consolidated FP&A for the IT Function within Canada. The core accountabilities are:1) Consolidated reporting: This role will support the production of consolidated financial reports and analysis for the Canadian IT function including the monthly operating report (MOR). This includes closed loop reporting on progress against targets, and overall success of the program in driving expense and FTE savings.2) Financial Planning & Forecasting: This role will be responsible for supporting the annual financial planning process and monthly forecasting for the IT function including project management and coordination, analysis and messaging for consolidated results, and developing guidance and ensuring consistency of approach and tools across the function.
3) Analysis: Perform key financial analysis for the Canadian CIO, Segment CIOs, CFOs, and GMs on an ongoing basis. While involving many of the above items (budgeting, reporting, CostFit, etc.) it also entails producing in-depth analyses/forecasting/recommendations for targeted expense items, cost benefit analyses, fixed/variable costing, vendor analyses, offshoring assessments, and staffing models.
4) Support the IT Strategy team including financial analysis and advice for strategic initiatives, analysis and management/board reporting. It will also support Business Architecture for financial analysis of architecture optimization opportunities.
5) 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 (ExFit) program for the IT Finance team. Provide key input on direction of the ExFit program on point of arrival for IT Finance and impacts for IT finance team.
This role will require fostering strong relationships across the Canadian IT Finance team and will be a key point of contact for the Expense Shared Service team and functional partners in Strategy.​Knowledge, Skills, Competencies:

• Financial planning & analysis experience.
• Knowledge of sound business practices and controls, and accounting/audit principles.
• Preference for individuals with knowledge of IT function, capitalization and project accounting and reporting.
• Strong interpersonal skills and collaborative mindset.
• Strong written and oral communication skills.
• Ability to communicate complex concepts and results in a clear, concise, easy to understand manner
• Excellent analytical and problem-solving skills
• Financial modeling skills
• Accounting and systems knowledge [IFRS, SmartView and PowerBI preferred]
• Ability to multi-task and manage priorities in a demanding and result-oriented environment
• Strong project management skills
• Team player, collaborative, self-starter, well-organized, innovative, and high level of initiative
• Professional accounting designation (CPA, CA, CGA, CMA) preferred with 5+ years of related experience

If you are ready to unleash your potential, it’s time to start your career with Manulife/John Hancock.

About Manulife

Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Canada, Asia, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions. At the end of 2020, we had more than 37,000 employees, over 118,000 agents, and thousands of distribution partners, serving over 30 million customers. As of December 31, 2020, we had $1.3 trillion (US$1.0 trillion) in assets under management and administration, and in the previous 12 months we made $31.6 billion in payments to our customers. Our principal operations are in Asia, Canada and the United States where we have served customers for more than 155 years. We trade as ‘MFC’ on the Toronto, New York, and the Philippine stock exchanges and under ‘945’ in Hong Kong.

Manulife is an equal opportunity employer. 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 and advancement and we administer all of our practices and programs based on qualification and performance and without discrimination on any protected ground. It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will consult with applicants contacted to participate at any stage of the recruitment process who request any accommodation. Information received regarding the accommodation needs of applicants will be addressed confidentially.

Expected salary:

Location: Waterloo, ON

Job date: Sat, 17 Apr 2021 22:56:05 GMT