Sr. Financial Analyst - US Retirement Compensation

Reporting into the US Retirement Compensation team, the Senior Financial Analyst role provides strategic support to the Sales & Distribution team through the administration of compensation and sales/metric reporting.

The Senior Financial Analyst will need to have a key understanding of the divisional business strategy to ensure alignment with compensation and rewards programs supported by the team. They will work with several strategic partners including Finance, HR, and distribution teams. This role is expected to deliver reporting and analytics to help achieve business goals.

Position Responsibilities:

• Support the monthly variable incentive compensation process by ensuring accurate and timely reporting of sales and compensation payments.
• Implement and manage the annual incentive compensation programs, including the allocation of targets to staff and advisors.
• Respond to ad-hoc requests from distribution business leaders and provide explanations and analyses of variances in compensation plans.
• Adhere to and document processes and procedures that comply with Audit requirements, and confirm that compensation plans are accurate and well-structured for employees.
• Reengineer tasks to improve efficiency and automation, reduce duplication, and minimize errors, ensuring precise calculation of incentive payments and production of statements.
• Support the lifecycle of field staff, including handling offer letters, compensation statements, promotions, terminations, and reconciliations, while developing metrics for tracking and reporting sales leaders.

Required Qualifications:

• University Degree and/or equivalent industry experience
• Strong analytical and problem-solving skills, with the ability to assimilate large amounts of information. Strong attention to detail.
• Excellent analytical skills and problem-solving skills with demonstrated ability to work with complex financial issues and concepts
• Demonstrated ability to take initiative and work independently with minimal supervision
• Strong written and verbal communication skills
• Initiative to explore new ideas and the ability to motivate others to accept progress and change
• Proficient in Excel, Word, and PowerPoint
• Comprehensive knowledge of sound business practices and controls, and accounting/audit principles applicable to Sales and Distribution

Preferred Qualifications:

• PowerBI and Access experience a plus
• Bilingualism (English and French) is an asset. If the successful candidate is in Québec, proficiency in both languages will be required to support clients from various provinces outside of Quebec.

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.

Primary Location: Toronto, Ontario

Working Arrangement: Hybrid

Salary range is expected to be between: $71,925.00 CAD - $119,875.00 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.

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.