Audit and Compliance, Finance
Affinity Global Inc.
Oracle
Manager, WAM A&R – Private Markets
Manulife
full-time
Posted on:
Location Type: Hybrid
Location: Toronto • 🇨🇦 Canada
Visit company websiteSalary
💰 CA$86,250 - CA$155,250 per year
Job Level
Mid-LevelSenior
Tech Stack
Oracle
About the role
- Review and oversee the preparation of financial statements and disclosures for a number of subsidiaries and lead special projects and align with monthly/quarterly reporting requirements
- Provide prompt and accurate service to setup and evaluate the financial reporting implications of new products and initiatives
- Revenue for Private Markets responsibilities including review/approval of wire requests for routine and non-routine intercompany payments and third-party transactions
- Review and prepare journal entries from Partner Capital Account Statements (PCAPs) for private market general partners and limited partners
- Implement controls and ensure compliance with company policies and procedures
- Maintain the centralized process for all inputs and outputs of carried interest revenue and its associated compensation expense for all private market asset classes
- Liaise with individual private market asset teams to understand and incorporate waterfall calculation requirements into new processes
- Conduct review of compliance of carried interest waterfall calculations in accordance with the provisions of the respective LPA and GP Agreements and perform testing of carried interest payouts annually or as required
- Work independently or with management to identify complex operational business issues and develop solutions
- Develop solutions to automate existing manual processes within Global WAM and automate financial statements to enhance reporting efficiencies
- Prepare/Review memos and supporting documentation for accounting policy changes and dividend projections and communicate to collaborators
- Support external audits and prepare documentation as required
- Develop junior team members through close mentoring and appropriate delegation of work to expand knowledge and capabilities
Requirements
- University Degree in Business or equivalent
- CPA designation
- 5+ years of progressive experience in accounting, financial services and/or consulting firm
- Experience in the public and private investment management industry reporting would be an asset
- Highly organized and capable of meeting tight deadlines, balancing multiple tasks, and adapting to last-minute changes
- Strong analytical and problem-solving skills
- Energetic and proactive, able to work independently and prioritize tasks effectively
- Advanced proficiency in MS Excel and other MS Office tools, including Power BI, Word, and PowerPoint
- Excellent interpersonal and communication skills, both written and verbal
- Versed in IFRS and US GAAP (preferred)
- Experience with financial reporting tools such as Infor/Lawson, Oracle Smart View, accounting units (1Stop, 1Exp, EPO, 1KFM) and cost centers (preferred)
- Experience with private markets accounting, carried interest and waterfall calculations
Benefits
- Manulife offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision
- Short- and long-term disability insurance
- Life and AD&D insurance coverage
- Adoption/surrogacy and wellness benefits
- Employee/family assistance plans
- Retirement savings plans (including pension and a global share ownership plan with employer matching contributions)
- Financial education and counseling resources
- Opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance
- Generous paid time off program in Canada including holidays, vacation, personal, and sick days
- Full range of statutory leaves of absence
- Flexible environment and hybrid working arrangement
- Professional development opportunities and career growth
ATS Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
financial statementsjournal entriescarried interest calculationswaterfall calculationsfinancial reportingautomation of processesaccounting policy changesdividend projectionscomplianceanalytical skills
Soft skills
organizational skillsproblem-solving skillsindependenceprioritizationmentoringcommunication skillscollaborationadaptabilitytime managementleadership
Certifications
University Degree in BusinessCPA designation
