Manager, Fund Expenses and Reporting

About the role

Manulife's Global Wealth & Asset Management (GWAM) Operations is looking for a Manager, Fund Expenses and Reporting to support the Fund Expenses and Reporting function within the Global Fund Services team. Reporting to the Director, Fund Expenses and Reporting, the Manager oversees fund expense management and reporting for Manulife Canadian Mutual Funds, ETFs and Pooled Funds, ensuring accurate, complete and timely financial, operational and regulatory deliverables. The role works with Operations, Finance, Product, Legal, Compliance, Tax and Risk Management, as well as NAV agents, auditors, fund administrators and service providers.

Key responsibilities

• Lead fund expense management and reporting, ensuring deliverables meet regulatory, accounting and corporate requirements
• Manage budgeting, forecasting, accruals, invoice processing, expense allocations, accounting entries and expense analysis, and liaise with NAV agents and service providers
• Review allocation methodologies and expense reasonableness, and ensure regulatory and corporate compliance
• Oversee regulatory and operational reporting such as Total Cost Reporting (TCR), MER, TER and HST blended rates
• Prepare management reports and analysis, and present findings to senior management
• Maintain a strong risk and control environment, support audits and remediate control gaps
• Drive process improvement, automation and change initiatives, and monitor regulatory and industry developments

Required profile

• University degree in Accounting, Finance, Business Administration or a related field
• 5-7 years of experience in investment fund operations, fund accounting, fund expenses or management reporting
• Preferred: CPA designation or active pursuit, and experience in asset management or mutual funds
• Preferred: knowledge of NI 81-106, IFRS and TCR; bilingualism (English and French) is an asset and required for candidates in Quebec

Required skills

• Advanced Microsoft Excel and experience with large datasets and management reporting
• Preferred: business intelligence, workflow, automation and data analytics tools such as Power BI, Power Apps, Power Automate and MPower

The position is hybrid, based in Montreal, Quebec, with an expected salary range of $88,800 to $138,800 CAD per year.