Reporting to AVP - Private Markets Operations, the Director, Private Markets, Timber and Agriculture, will oversee the accuracy of the books and records of the Timber and Agriculture Funds through coordination with the Fund Administrators and responsible for the coordination of quarterly reporting to the Fund's investors. The incumbent will be responsible for daily functions to support the building of the accounting record for Timber and Agriculture funds, Co-Investments and Holding Companies. The position requires close collaboration with teams across Investment Operations, Front Office, Tax, Legal, and Compliance to maintain operational excellence and deliver accurate, high-quality reporting.
The Private Markets Investment Operations team supports operations for private assets including mortgages, private debt, fixed income, real estate, private equity, Infrastructure, Timber and Agriculture, as well as third-party alternative investment funds and separately managed accounts.
Position Responsibilities:
Review quarterly financial statements for a variety of investment structures (LPs, LLCs, Corps, REITs, Separate Accounts)
Review advisory fee calculations on a quarterly basis such as account management fees, incentive fees, portfolio development fees, disposition fees, separate account advisory fees
Prepare and review performance reporting metrics, such as return composites, Board Reports, and NCREIF submissions
Responsible for the review of capital calls, distribution calculations, and rebalancing of the Timber and Agriculture Funds.
Support the General Account team, in reviewing and approving monthly reporting and reconciliations under IFRS and USGAAP, as well as working with the team to implement accounting policy changes for IFRS and USGAAP. Also ensure compliance with SOX and assist with yearly internal audit requests and walkthroughs
Oversight and escalated clearance of issues arising in the recon between the administrator and Manulife's Internal Book of Record.
Timely and accurate production and coordination of the quarterly client reporting process in conjunction with the front office, finance, performance, and the administrator.
Quality control and tolerance check all client reporting before publication to investors.
Act as a liaison between the internal finance group and the administrator to ensure timely issuance of financial reporting data and other requests.
Adherence to internal policies and procedures.
Ensure the team is operating under the strongest control environment and that tasks are completed within procedures and controls, including the usage of proper escalation protocols.
Work closely with management to implement business strategy.
Strong contributions in projects, new initiatives, and technology development.
Provide Admin data to support the front office, finance, compliance, and internal leadership requests.
Required Qualifications:
7 - 10 years of Alternative Investment Experience in fund accounting, fund administration, or operations. Timber and agriculture accounting experience a plus.
Accounting or Finance degree, additional degree or accreditation is preferred (CPA, MSA, MST, MBA)
Previous investment accounting experience with exposure to foreign currencies, consolidations, partnerships, REITs, IFRS/IAS
Strong 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.
Solution oriented
Progressive experience in Private Markets Funds, Private Equity, Infrastructure, Fixed Income, Middle Office Operations Management and Leadership
Ability to work effectively within a matrixed, geographically dispersed team and leverage knowledge across the organization
Proven leadership and management skills in achieving departmental, project and individual objectives, and in developing staff.
Results oriented - ability to balance multiple priorities and projects.
Excellent manager capability and experience facilitating and promoting high team engagement
Excellent knowledge of Information systems audit methodologies, control frameworks, risk management practices and regulatory requirements.
When you join our team:
We'll empower you to learn and grow the career you want.
We'll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
As part of our global team, we'll support you in shaping the future you want to see.
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 .
Referenced Salary Location
Boston, Massachusetts
Working Arrangement
Hybrid
Salary range is expected to be between
$120,750.00 USD - $217,350.00 USD
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/John Hancock 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/401(k) savings plans and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in the U.S. includes up to 11 paid holidays, 3 personal days, 150 hours of vacation, and 40 hours of sick time (or more where required by law) each year, and we offer the full range of statutory leaves of absence.
Know Your Rights (http://dol.gov/agencies/ofccp/posters?utm\medium=email&utm\source=govdelivery) I Family & Medical Leave (https://www.dol.gov/agencies/whd/fmla/posters) I Employee Polygraph Protection (https://www.dol.gov/sites/dolgov/files/WHD/legacy/files/eppac.pdf) I Right to Work (https://www.e-verify.gov/sites/default/files/everify/posters/IER_RightToWorkPoster%20Eng_Es.pdf) I E-Verify (https://e-verify.uscis.gov/web/media/resourcesContents/E-Verify\Participation\Poster_ES.pdf)
Company: John Hancock Life Insurance Company (U.S.A.)
