Posted:
9/13/2024, 5:48:49 AM
Location(s):
Ontario, Canada ⋅ Old Toronto, Ontario, Canada
Experience Level(s):
Expert or higher ⋅ Senior
Field(s):
Finance & Banking
The opportunity
The Director, Financial Planning and Analysis (FP&A) is an integral part of the Finance and reports to the AVP Head of Finance. The role is responsible for the effective management and continuous improvement of the planning process, leading and developing a high-performing team responsible for forecasting, strategic business partnering, and insights as delivered through core planning processes, long-term modeling and ad-hoc strategic support.
The role is accountable for the overall build and implementation of the Bank annual planning processes and providing the overarching financial expertise and oversight of the strategic projects and the production of periodic forecasts and plans. The Director plays a crucial role in crafting the strategic direction of the Bank by supporting central initiatives. The Director supports Bank’s Executive Leadership Team by developing and implementing reporting that ensures that the Bank responds effectively, ensuring sustainability and successful in an ever-evolving marketplace.
Key Accountabilities:
Financial Planning & Analysis:
Collaborate cross-functionally with business organisations on financial strategies to facilitate the Bank’s growth and meet goals and objectives.
Build and develop the annual financial plan and production of relevant scenario analysis and stress testing to help drive short-term objectives and long-term growth
Consider relevant factors and data and rely on analysis and judgment for appropriate decision-making
Manage and drive forecasting reporting – analyze financial results, distill and synthesize issues and communicate key messages, including current and future business risks, to the Bank’s Senior Leadership Team
Collaborate with the Product Management team and Bank Treasury team on performing profitability analysis and provide insights and recommendations based on financial analysis, modelling and forecasting
Assist in setting critical metrics and financial goals
Strategic Initiatives:
Oversee the financial modeling and analysis for strategic projects, evaluating potential impacts on the Bank’s financial health and sustainability
Encourage teamwork between different departments to coordinate new projects and services with the overall objectives of the company, involving colleagues in the planning process.
Participate, as needed lead, projects/task forces in support of major Bank’s and Manulife-wide initiatives
Continuous Improvement:
Proactively working with the Bank’s Executive Leadership Team and leadership groups to grow and accelerate their areas through reporting, insights and recommendations, financial risk management, and collaborate problem-solving
Foster an environment of continual improvements and encourage the team to identify operational improvements/new ideas, and adopt effective approaches.
Leadership and Team Development:
Provide leadership coaching and mentoring to the team
Build talent capability and engage employees through focused career discussions and providing ongoing feedback and active consistent coaching to improve performance
Maintain an environment that motivates and recognizes individuals by communicating and celebrating small wins and large accomplishments when our values are demonstrated
Make decisions regarding employment, compensation, performance appraisals, training and development
What motivates you?
What we are looking for
Accounting designation (CPA) with 8+ years of relevant experience in progressive accounting roles (Banking experience an asset)
Considerable knowledge of the theory, principles and techniques of the planning and forecasting
Effective and persuasive leadership comfortable with collaborating with all levels of collaborators.
Strong eye for business with ability to communicate complex financial concepts, analysis and results in a clear, concise, easy to understand manner
Self-starter with the ability to work independently, particularly in the area of using sound, independent judgment, problem-solving and analytical skills
Actively motivates and contributes to building team member capabilities by adjusting their leadership style to each individual/situation
Passionate about achieving desired outcomes, capable of meeting deadlines and balancing multiple tasks simultaneously.
Demonstrated leadership skills to inspire, engage and provide clear direction to staff while coaching and motivating to achieve objectives
Strong intuition for business with ability to communicate complex financial concepts and results in a clear, concise, easy to understand manner (verbal & written).
Ability to challenge the status quo and deliver new/innovative improvements to the financial processes.
What can we offer you?
Our commitment to you
#LI-Hybrid
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].
Primary Location
Working Arrangement
Salary range is expected to be between
$103,050.00 CAD - $185,490.00 CADIf you are applying for this role outside of the primary location, please contact [email protected] 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 [email protected] for more information about U.S.-specific paid time off provisions.
Website: http://www.manulife.com.hk/
Headquarter Location: Kowloon City, Kowloon, Hong Kong
Employee Count: 1001-5000
Year Founded: 1897
IPO Status: Private
Industries: Financial Services ⋅ Life Insurance ⋅ Retirement ⋅ Wealth Management