Director, Financial Planning and Analysis (FP&A)

The opportunity

The Director, Financial Planning and Analysis (FP&A) is an integral part of the Finance and reports to the AVP Head of Finance. The role is responsible for the effective management and continuous improvement of the planning process, leading and developing a high-performing team responsible for forecasting, strategic business partnering, and insights as delivered through core planning processes, long-term modeling and ad-hoc strategic support.

The role is accountable for the overall build and implementation of the Bank annual planning processes and providing the overarching financial expertise and oversight of the strategic projects and the production of periodic forecasts and plans. The Director plays a crucial role in crafting the strategic direction of the Bank by supporting central initiatives. The Director supports Bank’s Executive Leadership Team by developing and implementing reporting that ensures that the Bank responds effectively, ensuring sustainability and successful in an ever-evolving marketplace.

Key Accountabilities:

Financial Planning & Analysis:

• Collaborate cross-functionally with business organisations on financial strategies to facilitate the Bank’s growth and meet goals and objectives.

• Build and develop the annual financial plan and production of relevant scenario analysis and stress testing to help drive short-term objectives and long-term growth

• Consider relevant factors and data and rely on analysis and judgment for appropriate decision-making

• Manage and drive forecasting reporting - analyze financial results, distill and synthesize issues and communicate key messages, including current and future business risks, to the Bank’s Senior Leadership Team

• Collaborate with the Product Management team and Bank Treasury team on performing profitability analysis and provide insights and recommendations based on financial analysis, modelling and forecasting

• Assist in setting critical metrics and financial goals

Strategic Initiatives:

• Oversee the financial modeling and analysis for strategic projects, evaluating potential impacts on the Bank’s financial health and sustainability

• Encourage teamwork between different departments to coordinate new projects and services with the overall objectives of the company, involving colleagues in the planning process.

• Participate, as needed lead, projects/task forces in support of major Bank’s and Manulife-wide initiatives

Continuous Improvement:

• Proactively working with the Bank’s Executive Leadership Team and leadership groups to grow and accelerate their areas through reporting, insights and recommendations, financial risk management, and collaborate problem-solving

• Foster an environment of continual improvements and encourage the team to identify operational improvements/new ideas, and adopt effective approaches.

Leadership and Team Development:

• Provide leadership coaching and mentoring to the team

• Build talent capability and engage employees through focused career discussions and providing ongoing feedback and active consistent coaching to improve performance

• Maintain an environment that motivates and recognizes individuals by communicating and celebrating small wins and large accomplishments when our values are demonstrated

• Make decisions regarding employment, compensation, performance appraisals, training and 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 everyone.

What we are looking for

• University degree

• Accounting designation (CPA) with 8+ years of relevant experience in progressive accounting roles (Banking experience an asset)

• Considerable knowledge of the theory, principles and techniques of the planning and forecasting

• Effective and persuasive leadership comfortable with collaborating with all levels of collaborators.

• Strong eye for business with ability to communicate complex financial concepts, analysis and results in a clear, concise, easy to understand manner

• Self-starter with the ability to work independently, particularly in the area of using sound, independent judgment, problem-solving and analytical skills

• Actively motivates and contributes to building team member capabilities by adjusting their leadership style to each individual/situation

• Passionate about achieving desired outcomes, capable of meeting deadlines and balancing multiple tasks simultaneously.

• Demonstrated leadership skills to inspire, engage and provide clear direction to staff while coaching and motivating to achieve objectives

• Strong intuition for business with ability to communicate complex financial concepts and results in a clear, concise, easy to understand manner (verbal & written).

• Ability to challenge the status quo and deliver new/innovative improvements to the financial processes.

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 you

• Values-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 partners and has a positive social and environmental impact.

#LI-Hybrid

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.

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 recruitment@manulife.com.

Salary range is expected to be between

If you are applying for this role outside of the primary location, please contact recruitment@manulife.com 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 recruitment@manulife.com for more information about U.S.-specific paid time off provisions.