Manulife

Compensation

Full Description

In the role of Senior Financial & Compensation Specialist, you will oversee financial responsibilities related to compensation, expense management, reporting, and sales management. Your main duties will include handling compensation processes, preparing monthly statements, verifying invoices, managing expense reports, and updating accrual information. Additionally, you will be responsible for creating performance and bonus reports, compiling production reports, addressing data discrepancies, and ensuring the accuracy of the database. This position can be based remotely in Ontario for applicants in Canada or in a hybrid setting based out of our office in Boston for applicants in the US. Position Responsibilities: Manage expense activities including accounting, reconciliations, reporting, budgeting, analysis, and customer support; validate invoices and update accrual data. Analyze financial results, identify anomalies, and provide commentary on key focus areas. Administer compensation and sales incentive programs, including modeling scenarios, supporting SIP planning, running monthly queries, and coordinating payment processing. Prepare and distribute monthly compensation statements, resolving issues and ensuring accuracy. Generate and maintain performance and bonus reports, identify reporting needs, and implement data management efficiencies. Ensure data integrity by reviewing, reconciling, and addressing discrepancies across financial systems and interfaces. Contribute to operational improvements, complete industry surveys, share best practices, and manage priorities and projects based on evolving business needs. Required Qualifications: University degree in accounting or finance or equivalent Minimum 3 to 4 years of working experience ideally within the insurance or financial industry Strong written and oral communication skills Meticulous, well-organized, and excellent analytical skills Self-starter and great teammate with a high level of initiative, strong work ethic and the ability to gather, synthesize, organize and report information Ability to multi-task and manage priorities in a fast paced and time-sensitive environment Strong computer skills in Microsoft Office applications Capable of working independently and autonomously in ambiguous situations. Preferred Qualifications: Demonstrates a working knowledge of accounting rules, regulatory rules and/or business processes as it pertains to the accountant's sphere of responsibility (e.g., a set of regulatory filings or account reconciliations) Demonstrates emerging to solid proficiency in own subject area; still acquiring higher-level knowledge and skills. Demonstrates emerging ability to draft managerial reporting narratives. 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 recruitment@manulife.com. Referenced Salary Location CAN, Ontario - Full Time Remote Working Arrangement Remote Salary range is expected to be between $70,500.00 CAD - $117,500.00 CAD 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. We're Manulife. And we’re on a mission to make decisions easier and lives better. Better is what drives us. It’s what inspires us to find new ways to support customers and colleagues in living longer and healthier lives. It’s the reason we’re dedicated to investing in digital innovation and accelerating a sustainable and economically inclusive future. Joining us means you’ll be empowered to learn and grow your career. We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words. And as part of our global team, you’ll help shape the future you want to see – and discover that better can take you anywhere you want to go. We’re proud of our accomplishments and recognitions. Recent awards include: 2024 Gallup Exceptional Workplace Award Winner Manulife Named one of Forbes World’s Best Employers 2023 Best Companies to Work for in Asia 2023 We’ve been recognized as one of Canada’s Top 100 Employers (2024) Manulife included in Bloomberg’s 2023 Gender-Equality Index To receive our latest job opportunities directly to your inbox, create an account or sign in and navigate to the ‘Job Alerts’ section located in the top right corner of the page. From there, you can sign up to receive job alerts. Our ambition is to be the most digital, customer-centric global company in our industry. Learn more at https://www.manulife.com/.