Senior Tax Analyst

We are looking for a Senior Tax Analyst who has a good working knowledge in the preparation of federal and state tax provisions, begin to expand knowledge with book to tax adjustments for federal and state income tax returns, calculate estimated tax payments, and have a good working knowledge of tax software systems. They will begin to perform basic tax research and analysis, will be proficient in standard journal entries, performing reconciliations, validating tax balances, and understanding key business controls. The position may begin to focus more in either Life insurance, Nonlife operations, REITs, state, mutual funds or other areas.

Position Responsibilities: 

• Prepare annual tax provisions including required distributable amount, incorporating all required tax adjustments to net investment income.

• Prepare the federal and state income tax returns for the Manufacturers Investment Trust portfolios

• Calculate tax basis dividend distributions for Portfolios of the MIT associated with the Company’s variable product

• Determine excise tax distributable amounts for applicable portfolios of the MIT

• Prepare ROC-SOP (Return of Capital) adjustments

• Prepare tax basis adjustments of investment securities

• Review diversification tests applicable to tax rules for all portfolios

• Prepare reports for management as requested

• Participate on mutual fund tax related projects as needed

• Supports in planning, scheduling workflow assignments, and reviewing procedures.

• Interacts with Treasury, Financial Reporting, Investment Operations, custodian banks, Compliance, and Portfolio Managers

• Develop software solutions for Tax Asset managers in the development and implementation of internal controls for risk mitigation including preparation of written policies and procedures.

Required Qualifications:

• University degree in Accounting or Finance or related experience

• 3-5 years regulated investment company taxation experience

• Solid understanding of federal and state tax compliance concerning regulated investment companies, insurance companies and regular corporations

• Ability to understand financial statements and related reports and spreadsheets

• Proficiency in Microsoft Excel, use of macros, and Word

• Understanding of mutual fund related tax code sections, forms and elections, and tax adjustments of securities

• Must be able to demonstrate knowledge of standard RIC tax adjustments

• Ability to communicate well across all mediums and with both internal and external relationships

• Organizational skills necessary to meet deadlines, prioritize projects, and process several projects simultaneously

• Strong analytical skills and ability to work well in a changing environment

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 [email protected].

Referenced Salary Location

Salary range is expected to be between

If you are applying for this role outside of the primary location, please contact [email protected] 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.

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