Financial Reporting Analyst (Private Equity & Credit)

Manulife • Boston, MA

7d • $61,875 - $103,125 • Hybrid

About The Position

Founded in 1862, John Hancock Life Insurance Company, a subsidiary of Toronto-based Manulife Financial Corporation, has been providing capital financing solutions for U.S. middle market companies for decades. In 2000 the Hancock Capital Management team (“HCM”) was established to spearhead these activities. Today, HCM, is known as Manulife Investment Management Private Equity & Credit (“PE&C”), and for the last 22 years PE&C has principally focused on providing financing solutions to North American middle market companies. PE&C currently manages over $17 billion on behalf of institutional and private capital investors by providing meaningful exposure to sponsor-led opportunities in senior and junior credit, primary funds, equity co-investment and GP-led secondaries. PE&C has an integrated team of investment professionals covering each of our private credit and equity strategies, and are located in Boston, Chicago, Toronto, New York and Hong Kong. Additional information on MIM PE&C can be found at the following website: http://www.hancockcapitalllc.com. PE&C is seeking a Financial Reporting Analyst to join its growing team . PE&C manages investments and client accounts across multiple investment programs that continue to grow and evolve. The candidate will be responsible for providing operational support to the investment team, investor relations, and management teams across MIM PE&C’s investment programs. The candidate will work with the team to meet all of its operational and financial reporting requirements in a timely and efficient manner while promoting an environment of compliance, efficiency, accuracy, quality, and control.

Requirements

• BS in Accounting, Finance, or a related major.
• 2+ years of professional experience at an alternative investment manager or fund administrator in an operational or financial support role.
• An understanding of private equity/credit investments and legal agreements.
• Working knowledge with Investran or similar reporting software.
• Advanced computer skills (especially Microsoft Excel).
• Strong organizational skills and attention to detail with the ability to prioritize workload to meet deadlines.
• Strong interpersonal and communication skills with the ability to articulate information and ideas effectively.
• Demonstrated experience building and maintaining effective business relationships at all levels, both internally and externally.
• Motivated, analytical, and able to make sound judgments.
• Able to work both independently and as a team member effectively.

Responsibilities

• Investment Administration Monitoring of investment closings.
• Loan servicing, monitoring, tracking.
• Tracking, reconciliation, and recording of all investment activity alongside the administrator, including commitments, capital calls, distributions, income, and underlying holdings.
• Maintain databases of activity to update performance track record.
• Ensure completeness and accuracy of electronic files.
• Understanding of credit payment concepts (PIK, OID, interest calculations, etc.).
• Fund Accounting/Reporting Reconcile all cash received from investors and investments to projections.
• Prepare cash flow projections for each investment and fund.
• Preparation and review of financial statements.
• Coordination with external and internal auditors.
• Monitoring of available capital for investments.
• Calculation and execution of capital calls and distributions.
• Performance measurement and reporting.
• Expense allocations, accruals, and payments.
• Cash administration, including wire preparation and bank account reconciliation.
• Post all journal entries and quarterly reporting for 3rd party funds to Investran.
• Coordination with internal and external tax preparers for federal and state tax estimates and filings.
• Review and assist in resolution of notices from tax authorities.
• Maintenance of investor details, including contact and wire information.
• Issuance and tracking of investor capital call and distributions.
• Execution of investor transfers or other administrative changes.
• Preparation/review and issuance of investor capital accounts and reporting packages.
• Respond to existing and potential investor requests and update fundraising materials.
• Assist in new fund launches by interacting with the portfolio management team, legal, IT, and directly with clients.
• Assists senior team members with ad-hoc special projects and other duties as assigned

Benefits

• 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), and we offer the full range of statutory leaves of absence.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level