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Senior Financial Analyst - WAM Canada Incentive Compensation
Senior Financial Analyst - WAM Canada Incentive Compensation-August 2024
Quezon City
Aug 26, 2025
About Senior Financial Analyst - WAM Canada Incentive Compensation

  We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and meaningfully challenged, we all thrive. Discover how you can grow your career, make impact and drive real change with our Winning Team today.

  Working Arrangement

  Hybrid

  Job Description

  The Opportunity

  The customer is the focus of everything we do, and millions of end-users rely on our products daily. We believe in the value of empowering our analysts with the resources to solve critical problems for the future of our business, which is why we need you.

  The Senior Financial Analyst will primarily be responsible for Canada Retail Comp payout, analysis and reporting processes, supporting the monthly and quarterly financial compensation cycle and driving regional projects and initiatives, and coordinating regional efforts on process standardization and documentation.

  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 mindset 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 everyone

  Responsibilities:

  Prepare and update compensation letters of sales persons based on the final offer details and any revisions in the agreement initially provided (e.g. Base salary adjustments, guarantee amounts, etc.)

  Prepare and upload all monthly accrual journal entries and other adjustments after work area validation

  Monthly reporting of Compensation expense variance to plan to be submitted to the Expense Team

  Gather, organize sales data and calculate accurately monthly, quarterly and annual incentive compensation. Investigate and resolve any discrepancies.

  Validate the amounts to be submitted to payroll versus the individual statements

  Timely and accurate distribution of incentive compensation statements to the sales team

  Preparation and distribution of Incentive Run rate reports (Actual vs. Target) to the Heads of each sales team

  Strict monitoring of checklists for any movements i.e. recording of new hires, termination, leaves and coverages, changes in sales data, dates and amounts of guarantees, etc.

  Initiate improvements by exploring, identifying, and implementing reporting, analysis, and process solutions

  Respond to internal ad-hoc requests/queries related to incentive compensation

  Works closely with the Director of Field Compensation to ensure a smooth reporting and planning process

  Responsible for training back-up resource within the team to ensure continuity of business processes

  Qualifications

  Knowledge/Skills/Competencies/Education:

  University graduate in Accounting/Finance, professional accounting designation (CPA) is preferred

  Minimum of 5 years of experience in a finance role, Wealth and Asset Management industry experience an asset

  Strong Excel and PowerPoint skills

  Knowledge of IFRS tools (Hyperion-Essbase, Lawson)

  Strong technical accounting skills with a solid understanding of the business environment and financial reporting structure to provide value-added analysis

  Strong attention to detail

  Proven ability to thrive in a fast pace, high-performing, and collaborative team environment while managing multiple, constantly changing priorities and ad-hoc requests

  Proactive approach to continuous improvements and a positive “can-do” attitude

  Ability to identify and investigate complex issues and recommend actionable solutions

  Good communication skills; ability to succinctly engage with business partners and team members

  About Manulife and John Hancock

  Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Asia, Canada, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions. At the end of 2022, we had more than 40,000 employees, over 116,000 agents, and thousands of distribution partners, serving over 34 million customers. At the end of 2022, we had $1.3 trillion (US$1.0 trillion) in assets under management and administration, including total invested assets of $0.4 trillion (US $0.3 trillion), and segregated funds net assets of $0.3 trillion (US$0.3 trillion). We trade as ‘MFC’ on the Toronto, New York, and the Philippine stock exchanges, and under ‘945’ in Hong Kong.

  Manulife is an Equal Opportunity Employer

  At 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 .

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