Accounting Analyst

at  Manulife

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JOB DESCRIPTION:

The Trust Accounting Services, Control unit provides oversight to daily suspense accounting, reconciliation, and monitoring to ensure client investments are appropriately funded and accounting records are reflecting activities accordingly. This role is responsible for recording detailed cash journal entries, as well as clearing entries to ensure suspense accounts are maintained within corporate standards and according to National Instruments 81-102. Reporting to the Manager, Trust Accounting Services, and Controls, the Accounting Analyst works with Operations, Cash Management, and steady-state support teams, as well as any other internal Stakeholders to resolve outstanding issues, and is required to work with accuracy and careful diligence.
Have the skills and knowledge for the job? Learn more about the opening below!

QUALIFICATIONS:

• Finance or Accounting degree holders with at least 2-3 years of finance and accounting experience are welcome to apply
• Hybrid Work Arrangement: Amenability and readiness to work onsite and from home anytime (dependent on business need AND/OR current external environment/situation)
• Minimum Skills to Hire/Must Haves:
• Knowledge of accounting principles.
• Attention to detail, and accuracy with a strong math aptitude.
• Good analytical and critical thinking skills.
• Ability to meet tight deadlines and multiple priorities
• Ability to work in a team environment with strong people skills.
• Excellent written and oral English communication skills.
• Controls and reporting experience is an asset.
• Proficiency with MS Office, specifically Excel.
• Knowledge of Retail Wealth Management products and admin systems (Lawson, IFast and MPS) would be an asset.

• Ensures the accuracy and reliability of the funds’ accounting records, thus enabling the production of accurate and timely NAV (Net Asset Values).
• Applies accounting and internal control processes through the monitoring and clearing of suspense accounts and identifies and resolves issues.
• Reports fund-related financial information to clients, Manulife departments, and Manulife Asset Management.
• Performs daily, weekly, and monthly account reconciliations from low to medium complexity, requiring technical awareness of internal systems such as the General Ledger and Administration platforms.
• Analyzes daily outstanding items and resolves routine errors in a timely manner, escalating non-routine errors to the manager, as necessary.
• Provides accounting and coordination support and servicing activities to ensure accurate accounting records.
• Communicates with various levels of Admin staff; interprets and takes appropriate action to resolve accounting and suspense issues.
• Validate responses from the Operations Suspense team against the accounting model and negotiate resolutions with Operations or escalate to the manager as appropriate.
• Provide support to others within the Trust Accounting Services teams to ensure adequate coverage on all tasks, as directed.
• Prepare the funding for various bank accounts to cover the cash movement for related expenses and investment allocation through the treasury management platform.