Director, Business Management

Posted:
9/26/2024, 11:20:23 PM

Location(s):
Hong Kong, China

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Business & Strategy

The Director, Business Management is an independent contributor partnering closely with Asia CFO and overall Finance and Actuarial teams to deliver against Asia and Global strategies across all markets. The successful candidate will collaborate with regional and local executives to ensure seamless execution of strategic initiatives, maximizing synergies across Finance organization – globally.

Position Responsibilities:

Strategy implementation and finance transformation

  • Partner with countries to execute on short term and long-term strategic initiatives that will facilitate business achievements
  • Align BU strategy with enterprise-wide, Asia and Global Finance strategy and priorities across key functional areas in the region; link up BUs’ strategic initiatives with the financial plan
  • Ensure organization mission clarity, understanding and appropriate cascade to all key business stakeholders and Finance organization
  • Research, analyze macro trends and perform benchmarking and competitor analysis to identify and validate future growth opportunities and areas to outpace competitors
  • Support governance to ensure organization alignment on action plans and monitor results and delivery according to financial plans
  • Own and develop regular communications regarding global, regional local progress, achievements, and areas of attention to ensure improvements are made and successes are celebrated

Business management and financial controls

  • Support the annual Strategy and Financial Planning process and determine KPIs for Asia Finance segment and across BUs; and own Regional Finance timelines and guidelines
  • Analyze financial and operational data to perform variance analysis with plans and forecasts on regular basis to identify trends, issues and to make data-driven business decisions
  • Work with the regional and BU finance and actuarial teams to ensure accurate reporting and decisions
  • Support monthly Asia segment and BUs business review meetings to ensure financial and non-financial performance, key issues and progress of strategic initiatives are discussed and executed/resolved
  • Own the HIREF process and management to ensure the function delivers on the efficiencies committed and ensure fiscal accountabilities across all functions
  • Examples of monthly/quarterly deliverables:
    • Financial Analysis – month end, Anaplan forecast, quarterly, monthly, annual budgeting
    • Asia Finance KPI tracking – unit cost target setting
    • Financial Reporting – Exlens, HIREF, MOR submission, where applicable
    • Global, Regional Meeting plan – Asia Financial Review
    • Other Admin – Access Management, Disbursement authorization

Required Qualifications:

  • Bachelor’s degree or above
  • At least 10 years relevant experiences in finance, accounting, FP&A, controlling, strategy, in the insurance, banking, and/or financial services industry (life insurance preferred)
  • Self-motivated, independent with minimal supervision and excellent interpersonal skills
  • Execution focused with a keen problem-solving mindset
  • Proven track record to demonstrate strong ability to connect well with peers and interact very successfully with senior business stakeholders and regional functions as required
  • Excellent verbal and written communication skills
  • Strong financial/data analysis: expertise in understanding the nuances of insurance accounting and actuarial data and analysis
  • Research, analysis and problem solving: strong problem solving abilities by identifying issues, taking a logical approach to finding an answer based on research and sound analysis
  • Project management: ability to simultaneously drive multiple projects to execution by developing deliverables timelines and effectively managing stakeholders
  • PowerPoint, Word and Excel:  expert skills on PowerPoint with the ability to tell a story and sell a message. Can analyze large quantities of data, generate charts in Excel   

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 [email protected].

Working Arrangement

Hybrid