Portfolio Accountant

Job title: Portfolio Accountant

Company: Manulife

Job description: SummaryManulife Investment Management is the asset management arm of Manulife Financial Corporation, a global financial institution that has protected investor assets since 1887. We’re passionate about providing solutions; with leading capabilities in public and private markets, we partner with institutions to understand their needs and create tailored solutions to help meet them. We take a specialist approach; our focused teams are led by industry veterans with decades of experience handling their strategies on behalf of investors — an approach that’s led to a culture of investment excellence and highly differentiated strategies across asset classes. We’re committed to investing responsibly; we develop innovative global frameworks for sustainable investing, collaboratively engage with companies in our public market portfolios, and maintain a high standard of stewardship where we own and operate assets.We are seeking a Portfolio Accountant to join our growing team!Job responsibilities:Assist with the monthly and quarterly NAV oversight process for several private market senior credit funds to ensure the overall accuracy of the fund administrators portfolio accounting books of record.Lead administrator duties and deliverables via internal tracker, report status, escalate delays, establish workarounds and solutions to ensure timely and accurate production of the monthly and quarterly client reporting process in conjunction with the front office, finance, performance, and the administrator.Review and reconcile various general ledger accounts including cash and holdings by liaising with internal teams and external vendors to resolve any differences in the custodian and administrator’s books of record.Prepare and provide cash forecast projections to portfolio managers on a daily basis based on future fund activity by tracking potential deal closings, expense payments, receivables, and fund cash flows.Prepare the calculation and execution of capital calls and distributions, calculation of carried interest waterfalls, and performance measurement and reporting.Maintain senior loan deal information on a dynamic basis for the team’s use in preparation of NAV strikes and client reports.Adherence to internal policies and procedures.Provide Admin data to support the front office, finance, compliance, and internal leadership requests.Work closely with managers to implement efficiencies to existing operating model as needed.Strong contributions to projects, new initiatives, and technology development.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 everyoneWhat we are looking for3-5 years of alternative investments experience in fund accounting, fund administration, or operations.Accounting or Finance degree.Detailed understanding of leveraged loans, specifically private senior credit, including the underlying market for their origination, assignment, and syndicationStrong analytical skills.Must have the ability to create and maintain strong relationships with people at all levels and different functions throughout the organization and with external partners.Strong planning, communication, and collaboration skills.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 youValues-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 collaborators and has a positive social and environmental impact.About Manulife and John HancockManulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit .Manulife is an Equal Opportunity EmployerAt 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 .Primary Location Toronto, OntarioWorking ArrangementHybridSalary range is expected to be between $60,000.00 CAD – $100,000.00 CADIf you are applying for this role outside of the primary location, please contact 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 for more information about U.S.-specific paid time off provisions.

Expected salary:

Location: Toronto, ON

Job date: Sat, 05 Oct 2024 03:39:51 GMT

Apply for the job now!