IT Finance Director

2 weeks ago


Old Toronto, Canada Manulife Full time

The Director of IT Finance at Manulife will serve as the trusted financial advisor to the Global Head of Technology and his team. This individual will lead a team responsible for supporting technology finance activities and collaborating with peer expense directors to provide clear and actionable analysis for monthly expense results, outlook, and budgets across the function.

This person is accountable for keeping functional and business entity management well-informed of issues and status through regular formal reviews with the GWAM & GA Technology leadership, Segment CFOs, and Global Technology leadership.

Key to success in this role is linking various drivers of expenses across numerous products, markets, and value chains and Business Units. The position reports to the AVP, Global Head of IT Finance.

In addition to supporting ongoing business activities, this position plays an integral role in supporting transformation activities within Technology and the Financial Planning and Analysis (FP&A) team. The primary finance representative for activities like IT Strategy and projects, Strategic Cost Management, and other strategic initiatives.

Strategic Planning & Forecasting: Lead the coordination and preparation of annual expense budgets for inclusion in the annual planning process. This involves working with Planning Teams and CFOs to influence policy and systems enabling more transparent expense planning and attainment of efficiency improvements. Regular meetings with LT members and key senior leaders formulate and update assumptions.Analysis: Perform key financial analysis for the Global CIO, Segment CIOs, CFOs, and GMs on an ongoing basis. Producing in-depth analyses/forecasting/recommendations for targeted expense items, cost benefit analyses, fixed/variable costing, vendor analysis, offshoring assessments, and staffing models.Advisory: Act as a business partner and finance advisor to the GWAM and GA Technology Leadership team. Point of contact to IT Strategy, Segment Finance, and Global IT teams for financial analysis and advice on critical initiatives, analysis, and management/board reporting.Transformation: Continuously improve processes to gain efficiency in production, standardize and enhance quality of information. Supporting the implementation of the Expense Finance in Transformation program for the IT Finance team.

Required Qualifications:

  • Bachelor's degree in Accounting, Finance, or a related field.
  • A comprehensive knowledge of financial, planning & analysis functions and activities, with deep knowledge of IT function, capitalization, project accounting and reporting, sound business practices and controls, and accounting/audit principles applying to financial companies and expense management.
  • Prestige to independently deal with, support, and influence senior executives across the division and company.
  • Excellent analytical and problem-solving skills.
  • Ability to multi-task and manage priorities in a demanding result-oriented environment.

Preferred Qualifications:

  • Professional designation (MBA/CPA) preferred with 10+ years of related experience.
  • We recognize and support you in a flexible environment where well-being and inclusion are more than just words.
  • A competitive salary range CAD $100,000 - $160,000 per annum, depending on experience.
  • About Manulife: We are a leading international financial services provider helping people make their decisions easier and lives better.


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