Senior Financial Accounting Analyst

Industry Category	Accounting / Finance	Position	General / Cost Accounting
Recruitment Department		Number Of Recruits	several
Work Location	Metro Manila (NCR) Quezon City	Nature Of Work	Full Time
Gender Requirements	Male	Marriage Requirement	No marital status restrictions
Education Level	Bachelor's Degree	Work Experience	No work experience restrictions
Age Requirement	Above 18 years old	Salary Package	Negotiable
Updated Date	2022-09-26	Valid Until	Long-term validity

Are you looking for a supportive, collaborative workplace with great teams and inspiring leaders? You’ve come to the right place.

Why join Manulife?

Competitive salary packageHMO on the first day with free dependentsRetirement benefitsMerit IncreasePerformance BonusGlobal network of industry expertsExtensive training resources

Job Description:

We're looking for a Senior Financial Accounting Analyst to take charge of the accounting, reporting, analysis, and interpretation of data related to impaired securities found on the internal AABOR (Accounting and Administrative Book of Records). You will ensure the accurate and timely accounting and reporting for impaired securities in accordance with company policies.

Key Responsibilities:

Accountable for Canadian GAAP, US GAAP, and STAT (NAIC) accounting for impaired securities and ensuring the accounting is complete, accurate, and timelyPrepares reconciliation between company book of records and Lawson for each accounting basisPrepares Summary of Provision Reports for Bonds, Stock, and OIA securities for Canadian GAAP, US GAAP, and STAT (NAIC) accountingReconcile reports to Maximis, Lawson, and Market Value Data WarehouseWork with Sec Ops in Toronto and BostonRecommend accounting entries to record late impairments or to correct accounting for impaired securities at month-end and proposes changes to process on MaximisRaise complex or outstanding impairment issues to management attentionPrepares a reports for review by management and ICGProvide support for projects; new functionality and accounting testingMaintains detailed files on all impaired securities including all transactions and backupPrepares notional transfers accounting for gains and losses for inter-segment transactionsAssists in Suspense reconciliation and quarterly reporting to CorporatePerform the general ledger to MAXIMIS reconciliation and accounts for all variancesPrepare internal and regulatory reporting as it relates to Provisions and Impairments for CGAAP, USGAAP and USSTAT (NAIC)

Qualifications:

3+ years of working experience in the Investments industry, preferably within a securities accounting areaDegree in Accounting or other relevant fieldsComplete professional designation (i.e. CPA, CGA, CMA, CFA) or relevant work experienceEducation or equivalent experience in securities accounting environmentExcellent written and verbal English communication skillsStrong analytical and problem-solving skillsProficient technological literacy and skillsSound knowledge of Securities accounting for US GAAP, US STAT, and Canadian GAAPSolid understanding of differences between accounting basis (i.e., CGAAP and USGAAP)

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Manulife Business Processing Services (MBPS) is a global shared service centre providing administrative, finance, investments, contact centre, information technology, underwriting, actuarial, and marketing services to Manulife and John Hancock companies around the world.Manulife is a leading international financial services group that helps people achieve their dreams and aspirations by putting customers’ needs first and providing the right advice and solutions. We operate as John Hancock in the United States, and Manulife elsewhere. We provide financial advice, insurance and wealth and asset management solutions for individuals, groups and institutions.