Senior Analyst, Treasury & Portfolio Services

Manulife • Boston, MA

3d • $61,875 - $103,125 • Hybrid

About The Position

The Treasury & Portfolio Services (TPS) team is a specialized oversight and advisory function within Fund Administration. It supports a diverse range of investment products through technical accounting expertise, operational governance, custody oversight, and analytical problem solving. The team provides oversight across fund accounting and NAV production, distributions, custody activities, cash management, fund events, technical accounting, accounting policy, and complex accounting and operational matters.

The Senior Analyst performs accounting analysis, operational oversight, and work supporting strategic business initiatives. As a key first-level reviewer, the role independently conducts oversight reviews and monitoring across fund administration functions. The analyst researches accounting issues, performs analytical reviews, investigates operational matters, develops recommendations, assesses risks, and escalates significant issues to TPS management when appropriate.

This role is intended for early- to mid-career professionals seeking to broaden their expertise beyond traditional fund accounting. Most of the work involves analysis, oversight reviews, investigations, and recommendations in close partnership with TPS Managers and other senior team members. The position offers opportunities to develop expertise in technical accounting, fund events, operational oversight, business initiatives, and service provider governance, and to prepare for future leadership opportunities within Fund Administration.

The role also supports strategic initiatives, complex transactions, issue resolution, and service provider oversight. The analyst follows established procedures and policies and is expected to research and escalate identified issues. The role is an existing vacancy. The position is based in Boston, Massachusetts, with a hybrid working arrangement.

Requirements

• Bachelor’s degree in accounting, finance, or a related field.
• 3–5 years of experience in fund accounting, custody, fund administration, audit, asset management, or related financial services functions.
• Understanding of U.S. GAAP, investment company accounting, and fund operations principles.
• Demonstrated analytical, organizational, problem-solving, and communication skills.
• Ability to independently analyze complex issues and develop practical recommendations.
• Ability to manage multiple assignments and priorities in a dynamic environment.
• Strong business writing and presentation skills.
• Proficiency in Microsoft Office Suite, particularly Microsoft Excel, and ability to leverage technology to improve operational effectiveness.
• Demonstrated intellectual curiosity and a strong desire to expand technical accounting, investment management, and fund administration knowledge.
• Follow procedures and policies when performing assigned tasks, and research and escalate issues identified during the course of work.

Nice To Haves

• Experience supporting mutual funds, ETFs, interval funds, closed-end funds, alternative investments, or related investment products.
• Familiarity with Power BI, Alteryx, workflow automation tools, or other data analytics platforms.
• Planned pursuit of further education opportunities such as an MBA or CPA pathway.

Responsibilities

• Perform daily oversight and review of fund accounting activities related to Fund NAV calculations, including portfolio transactions, corporate actions, accruals, expense allocations, and capital activity.
• Monitor, investigate, and explain material NAV movements, accounting exceptions, and variances to support accurate and complete fund books and records.
• Analyze significant NAV fluctuations, accounting exceptions, fund distributions, and unusual portfolio activity to identify drivers and operational impacts.
• Analyze complex securities and investment structures, including derivatives, structured products, private investments, and leverage arrangements, for appropriate accounting treatment, valuation, and income recognition.
• Research technical accounting matters and evaluate application of U.S. GAAP, regulatory requirements, and internal accounting policies.
• Review accounting treatment for transactions and investment activity for compliance with policies, regulations, and internal controls.
• Participate in investigations of NAV errors, accounting discrepancies, and operational incidents, including root-cause analysis, remediation planning, and corrective actions.
• Prepare analyses, presentations, and supporting materials for management, governance committees, and strategic initiatives.
• Conduct first-level oversight reviews of fund accounting, custody, distribution, and operational activities across fund platforms; identify exceptions, risks, and matters requiring management attention.
• Review service-provider deliverables and analyze exceptions, breaks, unusual activity, and control-related matters.
• Review service-provider reconciliations for cash, positions, derivatives, income, expenses, and capital activity, and ensure outstanding items are resolved promptly.
• Support oversight of custodians, transfer agents, line-of-credit providers, administrators, and other service providers.
• Assist with monitoring operational risks and initiatives to strengthen controls and improve service delivery.
• Support fund launches, mergers, reorganizations, liquidations, conversions, and other significant fund events.
• Assist with onboarding new investment products and related accounting, operational, governance, and reporting requirements.
• Assist with calculating, analyzing, and executing fund distributions, including distribution-rate analysis and materials for Dividend Committee reviews.
• Participate in fund liquidity and cash management activities, including overdraft monitoring, line-of-credit utilization, and interfund lending.
• Contribute to initiatives that improve scalability, enhance controls, reduce operational risk, and strengthen the operating model.
• Own assigned oversight reviews, analyses, and projects in partnership with TPS Managers and Supervisors; identify issues, develop recommendations, and support decision-making.
• Prepare materials and analysis for senior management, Board reporting, governance committees, and strategic initiatives.
• Support the Complex Securities Committee, Dividend Committee, and Risk & Investment Operations Committee.
• Demonstrate initiative, collaboration, analytical problem solving, accountability, continuous learning, and leadership potential.
• Continuously develop business, accounting, and operational expertise in preparation for increased responsibility.

Benefits

• Health insurance
• Dental insurance
• Mental health benefits
• Vision insurance
• Short- and long-term disability coverage
• Life and AD&D insurance coverage
• Adoption and surrogacy benefits
• Wellness benefits
• Employee and family assistance plans
• Retirement savings plans, including pension and 401(k) savings plans
• Global share ownership plan with employer matching contributions
• Financial education and counseling resources
• Up to 11 paid holidays
• 3 personal days
• 150 hours of vacation annually
• 40 hours of sick time annually, or more where required by law
• Statutory leaves of absence
• Incentive programs and incentive compensation tied to business and individual performance

What This Job Offers

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