Senior Expense Analyst

We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and meaningfully challenged, we all thrive. Discover how you can grow your career, make impact and drive real change with our Winning Team today. Working Arrangement Hybrid Job Description The opportunity As a Senior Expense Analyst you will work independently as well as a part of a team to ensure fund operating expenses are accurately accounted for and reported on a large array of mutual funds and other investment products. You will have exceptional attention to detail, as you will be responsible reviewing invoice allocations, expense budgets, as well as prospectuses and financial statements. Time-management skills are imperative as a result of participation in a variety of daily, monthly, quarterly, and annual deliverables, many of which have strict deadlines. Responsibilities Provide expense oversight of the Funds' service providers and address and understand complex expense related issues as they relate to our funds and expense processing. Ensure timely completeness of own deliverables as well as the deliverables of analysts and senior analysts. Develop and provide training as necessary to analysts. Possess a strong understanding of Mutual Funds N-1A (Prospectus) processes for a variety of complex fund types. Review and comment on periodic shareholder reports for appropriateness of disclosures and reasonability of financial information according to GAAP and SEC guidance with fund reporting team. Complete quarterly Board of Trustees materials. Review invoices in accounts payable systems associated with services performed on mutual funds. Assist analysts with allocation and processing questions as necessary. Support management by editing departmental procedures based on operational improvement changes adopted by the group. Participate in risk assessments, operational reviews and due diligence visits. Review and complete mutual fund budgets and drive audit with external auditors. Provide assistance to Expense Manager related to staff training and development needs. Manage/handle special projects as assigned. Work with mutual fund product group and complete expense proformas and fund profitability analysis. Exposure and understanding of blue sky laws. Strong vendor oversight for multiple service providers for funds. How will you create impact? Reporting to one of the team’s directors you will assist in both preparing and reviewing certain deliverables to ensure our shareholders are receiving outstanding quality when it comes to fund expense accounting, reporting, and invoice payment on their products. A major portion of the role relates to quality control on invoice allocations and review of the daily affiliated fund fees (management fees, 12b-1, and waivers/reimbursements). You could also be involved in ad-hoc work such as project initiatives and the preparation of expense ratio proformas on upcoming products. What motivates you? You obsess about customers, listen, engage and act for their benefit. You think big, with curiosity to discover ways to use your agile approach and enable business outcomes. You thrive in teams and enjoy getting things done together. You take ownership and build solutions, focusing on what matters. You do what is right, work with integrity and speak up. You share your humanity, helping us build a diverse and inclusive work environment for everyone. What we are looking for Minimum five years of experience in fund accounting and/or fund administration environment with progressive increase in responsibilities. Proven ability to work in an environment where procedures and controls are required. Developing Microsoft Software knowledge with an emphasis on Excel. Strong writing and editing skills. Familiarity with GAAP regulations pertaining to mutual funds and a strong desire to acquire additional industry knowledge. Ability to share knowledge and apply it to make improvements in the efficiency of the department. Strong analytical, organizational and communication skills. Proven ability to function in a team oriented environment. Some project management skills and ability to actively contribute to projects. Bachelor degree or equivalent experience. What can we offer you? A competitive salary and benefits packages. A growth trajectory that extends upward and outward, encouraging you to follow your passions and learn new skills. A focus on growing your career path with us. Flexible work policies and strong work-life balance. Professional development and leadership opportunities. Our commitment to you Values-first culture We lead with our Values every day and bring them to life together. Boundless opportunity We create opportunities to learn and grow at every stage of your career. Continuous innovation We invite you to help redefine the future of financial services. Delivering the promise of Diversity, Equity and Inclusion We foster an inclusive workplace where everyone thrives. Championing Corporate Citizenship We build a business that benefits all stakeholders and has a positive social and environmental impact. Salary & Benefits The annual base salary for this role is listed below. Primary Location Boston, Massachusetts Salary range is expected to be between $68,475.00 USD - $114,125.00 USD 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/John Hancock 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/401(k) savings plans and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in the U.S. includes up to 11 paid holidays, 3 personal days, 150 hours of vacation, and 40 hours of sick time (or more where required by law) each year, and we offer the full range of statutory leaves of absence. About Us We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. We offer work that challenges and makes a difference within a flexible and supportive environment, so you can help make decisions easier and lives better for our customers. We’re proud of our accomplishments and recognitions. Recent awards include: Best Place to Work in Asia-Pacific 2022 Best Place to Work for LGBTQ Equality 2022 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. Discover how you can grow your career, make impact and drive real change with our Winning Team today at www.manulife.com/careers. #J-18808-Ljbffr