Financial Reporting Senior Accountant

13 Jan 2019
19 Jan 2019
Job role
Contract type
Full time
Job Title :

Financial Reporting Senior Accountant

Job ID :

Category :

Finance Group

Location :

Boston, MA US

Job Type :

Full Time

Posted On :


Job Description :

Are you looking for unlimited opportunities to develop and succeed? With work that challenges and makes a difference, within a flexible and supportive environment, we can help our customers achieve their dreams and aspirations.

Job Description


Job Title: Financial Reporting Senior Analyst

Job Summary

Preparation and review of financial statements and notes to the financial statements for the funds, as well as preparing documents related to regulatory filings of those funds.

Accountable for the preparation of Fund Shareholder Reports, including financial statements, related schedules (financial highlights, expense examples, etc.) and notes to financial statements for funds of medium to high complexity and/or higher volume of assigned funds. In addition, accountable for the preparation and review of documents/schedules to be incorporated in regulatory filings including Form N–SAR, Form N–CSR, Form NQ, Form N–MFP and Form N–1a/N–2. In additional preparation/review of complex supporting documents to help facilitate the cycle.

Key Accountabilities

Individual Accountabilities:

* Prepare annual and semiannual shareholders reports for John Hancock mutual funds of medium to difficult complexity including financial statements, financial highlights, expense examples and notes to financials.
* Reconcile custodian bank reports and related audit packages and Fund Treasury reports to the shareholder reports produced.
* Communication and resolution of accounting and reporting items with Custodian Banks, as necessary.
* Review fund trial balances and custody reconciliations for reasonability, participate in the expense reconciliation process to verify that fund accounting is accruing and booking expenses correctly on a monthly basis, and maintaining an accounts payable reconciliation.
* Assist with the implementation of new regulatory pronouncements related to the required disclosures in the mutual funds' financial statements.
* Coordinate and review the flow of information necessary to complete shareholder reports, including Managers Discussion of Fund Performance, Performance Pages, Portfolio of Investments, tax disclosures and Legal items (Directors and Officers tables, 15(c) inserts, etc.). Requires interaction with internal John Hancock Groups (Fund Administration, Legal, Investment Operations, etc.) to ensure the accuracy, integrity and timeliness of information included.
* Interact with the audit firms to ensure timely delivery of financial statements and related support and resolution of audit issues/requests.
* Prepare/review of audit confirmations. Including the reconciliation and follow–up with third parties.
* Interact with Print Production team to coordinate the timeliness of the completion of shareholder reports in order to hit publishing/regulatory deadlines.
* Prepare reporting and/or supporting schedules for certain SEC filings, including Forms N–SAR, N–CSR, NQ, N–MFP, N–1a and N–2.
* Coordinate with Print Production team and/or external vendors to ensure completeness and accuracy of items included in regulatory filings.
* Preparation of financial data for internal management reporting, DC&P/Certification meetings, proxies and other ad–hoc financial and analytical requests.
* Participate in departmental initiatives, including the annual review and maintenance of policies and procedures, reporting checklists and other projects.
* Assist in Financial Highlights reviews for N–1A updates
* Prepare or review supporting schedules needed for each cycle
* Assist in the training and mentoring of Fund Reporting Accountants.
* Act as a resource for Fund Reporting Accountants for more in–depth information, problem solving, and evaluating information.
* Resolve high–priority, complex issues/problems filtered up from the Fund Reporting Accountant.
* Responsible for special projects assigned by management in relation to the Funds. Handle special projects related to assigned funds.
* Assist in the training and mentoring of less senior Fund Accountant.
* Other duties as assigned.

Key Shared Accountabilities:

* Advanced knowledge of mutual fund industry including the accounting for mutual funds
* Strong Understanding of SEC rules governing mutual funds and financial reporting including Regulation S–X, Regulation N–1a and N–2 and the Investment Company Act of 1940.
* Strong Understanding of U.S. Generally Accepted Accounting Principles (US GAAP) surrounding the accounting and reporting of mutual funds/investment companies.
* Advance attention to detail with the ability to work in a fast paced, time sensitive environment
* Strong written and oral communication skills
* Strong organizational skills
* Strong team–oriented skills, and ability to show leadership
* Advanced usage of Microsoft Office Suite – Excel, Word and Access
* Prior mutual fund industry experience
* Strong understanding of US GAAP and SEC regulations governing financial reporting and accounting
* Ability to prioritize workload
* Ability to identify, research and resolve complex issues by using past experience and knowledge of reporting/accounting requirements
* Able to work independently under minimal supervision
* Ability to apply knowledge of financial reporting processes to advise and improve the overall department's function and efficiency.

Job Requirements:

* Bachelors' Degree in Accounting or Finance
* Advanced degree (MBA, MSA, MSF or MST) or certification (CPA or CFA) helpful, but not necessary
* 3+ years' experience in mutual fund industry or in an accounting/reporting role.




If you are ready to unleash your potential it's time to start your career with Manulife/John Hancock.

About Manulife

Manulife Financial Corporation 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, as well as wealth and asset management solutions for individuals, groups and institutions. At the end of 2016, we had approximately 35,000 employees, 70,000 agents, and thousands of distribution partners, serving more than 22 million customers. At the end of 2016, we had $977 billion (US$728 billion) in assets under management and administration, and in the previous 12 months we made almost $26 billion in payments to our customers.

Our principal operations are in Asia, Canada and the United States where we have served customers for more than 100 years. With our global headquarters in Toronto, Canada, we trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong.

Manulife is committed to supporting a culture of diversity and accessibility across the organization. It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will consult with applicants contacted to participate at any stage of the recruitment process who request an accommodation. Information received regarding the accommodation needs of applicants will be addressed confidentially.

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