Manager It Finance Job In Waterloo

Job Description

We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and meaningfully challenged, we all thrive. Discover how you can grow your career, make impact and drive real change with our Winning Team today. 

Working Arrangement

We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and meaningfully challenged, we all thrive. Discover how you can grow your career, make impact and drive real change with our Winning Team today. 

Working Arrangement

Job Description

The Canadian IT Finance team is responsible providing financial advice to all areas of Canadian IT including the Chief Information Officer (CIO) and the CDTLT 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.

The Manager, Canadian IT Finance is a key role on the IT Finance team, responsible for supporting consolidated FP&A for the IT Function within Canada. 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.

Key Responsibilities:

• 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.
• 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.
• 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, SCM, DCL 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.
• Support the IT Strategy team including financial analysis and advice for strategic initiatives, analysis and management/board reporting.
• 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.

What motivates you?

• You obsess about customers, listen, engage and act for their benefit.
• You think big, with curiosity to discover ways to use your agile approach and enable business outcomes.
• You thrive in teams and enjoy getting things done together.
• You take ownership and build solutions, focusing on what matters.
• You do what is right, work with integrity and speak up.
• You share your humanity, helping us build a diverse and inclusive work environment for everyone.

What we are looking for

• Professional accounting designation (CPA, CA, CGA, CMA) preferred with 5+ years of related experience
• Strong financial planning & analysis experience
• Knowledge of sound business practices and controls, and accounting/audit principles
• Preference for individuals with exceptional degree of business acumen in IT function, capitalization and project accounting and reporting
• Thought Leader through continuously forward looking and applying the big picture
• Attention to detail
• Ability to multi-task, prioritize and work effectively in a deadline-oriented environment
• Ability to exercise judgment and flexibility
• Self-motivated individual
• Critical thinking
• Ability to lead/work with multiple senior level stakeholders
• Superior relationship management skills at all levels with internal and external stakeholders
• Strong and effective influence and negotiation skills
• Leads activities with the objective of transparency
• Strong interpersonal skills and collaborative attitude
• Strong written and oral communication skills
• Strong conceptual skills to communicate complex concepts and results in a clear, concise, easy to understand manner
• Excellent analytical and problem-solving skills
• Strong financial modeling skills
• Good knowledge in accounting and systems knowledge [IFRS, SmartView and PowerBI preferred]
• Strong project management skills
• Great teammate, collaborative, well-organized, innovative, and high level of initiative

What can we offer you?

• A competitive salary and benefits packages.
• A growth trajectory that extends upward and outward, encouraging you to follow your passions and learn new skills.
• A focus on growing your career path with us.
• Flexible work policies and strong work-life balance.
• Professional development and leadership opportunities.

Our commitment to you

• Values-first culture
  We lead with our Values every day and bring them to life together.
• Boundless opportunity
  We create opportunities to learn and grow at every stage of your career.
• Continuous innovation
  We invite you to help redefine the future of financial services.
• Delivering the promise of Diversity, Equity and Inclusion
  We foster an inclusive workplace where everyone thrives.
• Championing Corporate Citizenship
  We build a business that benefits all partners and has a positive social and environmental impact.

#LI-Hybrid

About Manulife and John Hancock

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 Asia, Canada, 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 2022, we had more than 40,000 employees, over 116,000 agents, and thousands of distribution partners, serving over 34 million customers. At the end of 2022, we had $1.3 trillion (US$1.0 trillion) in assets under management and administration, including total invested assets of $0.4 trillion (US $0.3 trillion), and segregated funds net assets of $0.3 trillion (US$0.3 trillion). 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

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 recruitment@manulife.com .

Salary & Benefits

The annual base salary for this role is listed below.

Primary Location

Salary range is expected to be between

If you are applying for this role outside of the primary location, please contact recruitment@manulife.com for the salary range for your location. 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. Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.

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 recruitment@manulife.com for more information about U.S.-specific paid time off provisions.

About Us

We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and meaningfully challenged, we all thrive. 

We offer work that challenges and makes a difference within a flexible and supportive environment, so you can help make decisions easier and lives better for our customers.

We’re proud of our accomplishments and recognitions. Recent awards include:

• Best Place to Work in Asia-Pacific 2022
• Best Place to Work for LGBTQ Equality 2022

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Discover how you can grow your career, make impact and drive real change with our Winning Team today at www.manulife.com/careers .