Director, Canada Segment Expenses
Director, Canada Segment Expenses
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Job Description
As Director Canada Segment Expenses and trusted advisor to the business you will have an opportunity to use your strong background in planning reporting and analysis and knowledge of the Canadian businessto support the strategic management of all Canadian Segment expenses across all Functions and BUs.
The position supports directly the AVP Head of Canada Segment Expenses and indirectly the Group Insurance role is the central point of contact for the Canadian Segment with expense policy setting reporting systems strategy and analysis. This role is the central point of contact for the Canadian Segment with expense policy setting reporting systems strategy and analysis. This role will closely work with the BU reporting managers/senior analysts to form a reliable team that acts as the trusted advisor on all expense issues for all constituents across the Canadian Segment by providing valuable insights and analysis on expenses and related strategic opportunities.
Position Responsibilities:
Financial Reporting: Lead the aggregation of BU results and assist in preparing and presenting regular expense updates to Senior Management (Canadian Segment CFO as well as Group Benefits GM and CFO). Identify improvements required in financial reporting to meet the evolving needs of our customers.
Annual Expense Plan/Budget: Lead the coordination and preparation of annual expense plan/budget exercises for inclusion in the annual planning process. This includes working with the BU reporting managers/senior analysts Expense functional peers direct functional work area managers Planning Teams and CFO representatives to establish a transparent and efficient process.
Advisory: As part of forecasting exercises and with the help of the BU reporting managers/senior analysts and direct functional work area managers identify expense risk and opportunities and recommend potential actions for BU CFO. Build relationships across business and expense functions and establish a high level of credibility and maintain high standards in interactions with Business and Finance clients.
Expense Initiatives: Manage various expense reporting initiatives projects and tasks as they arise including IFRS17 developments. This could include developing ad-hoc analysis or reports managing transition to new reporting tools or systems providing financial/accounting support developing new expense allocation policies for profitability analysis etc.
Leadership and Development: Provide strong proactive leadership and coaching to indirect reports and extended team of financial professionals. Cultivate an innovative environment by supporting creativity as well as acting as a role model in encouraging collaborative team behaviors. Drive continuous improvement in engagement throughout the organization.
Process Enhancements: Identify and recommend best practices process and controls as well as supporting the development of suitable reporting and provide necessary project support to advance the objectives of the ESSC.
Required Qualifications:
Strong eye for business with ability to communicate complex financial concepts analysis and results in a clear concise easy to understand manner including the ability to interact with senior leaders and representatives from BUs and functions
A comprehensive knowledge of reporting requirements sound business practices and controls and accounting principles which apply to financial companies and the area of expense management.
Strong written and oral communication skills
Ability to influence others in aligning to a new vision; motivate others to accept progress and change
Strong accounting and expense systems knowledge (e.g. Essbase SERT)
Excellent analytical and problem-solving skills
Ability to balance multiple tasks and prioritize effectively in a fast-paced environment
Strong project management skills
Great teammate collaborative self-starter well-organized innovative and high level of initiative
Professional designation (MBA CPA CA CGA CMA) preferred with 8 years of related experience
When you join our team:
Well empower you to learn and grow the career you want
Well recognize and support you in a flexible environment where well-being and inclusion are more than just words
As part of our global team well 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 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 .
Referenced Salary Location
Waterloo OntarioWorking Arrangement
Salary range is expected to be between
$100950.00 CAD - $181710.00 CADIf you are applying for this role outside of the primary location please contact 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 for more information about U.S.-specific paid time off provisions.
Required Experience:
Director
Employment Type
Full-Time
