Hong Kong, HKG
3 days ago
Manager, Asia WAM FPA&A, Expenses (6 months)
This role will be instrumental in driving the 2026 Expense Study - a global initiative aimed at streamlining expense allocation processes and aligning Asia WAM with global standards. In addition to core responsibilities in expense tracking, forecasting, and budget management, the successful candidate will lead project-related activities to ensure Asia’s participation in this critical process. The position requires strong collaboration with stakeholders across the region to deliver accurate financial insights and support strategic decision-making. **On The Job You Will** + Coordinate and manage Asia WAM’s participation in the 2026 Expense Study, including scheduling, data collection, template completion, and consolidation of inputs from cost center owners and functional heads. + Perform an in-depth review of Corporate Overhead, Fixed Shared Services, and Asia Regional Office expenses. + Update allocation estimates in accordance with corporate policy, which requires a refresh at least every three years to reflect organizational changes and strategic priorities. + Assist in standardizing allocation drivers and documentation, ensuring alignment with global guidance while managing exceptions and maintaining transparency in expense allocation methodology. + Prepare and maintain project dashboards and reporting tools, providing clear visibility of progress, key milestones, and impacts on the 2027 planning cycle for stakeholders. + Facilitate meetings and provide guidance to stakeholders, ensuring clarity on process requirements and supporting identification of appropriate allocation drivers. + Provide timely, accurate and insightful expense forecasts to facilitate business decisions and to drive expense accountability for the Regional Office and the assigned Asia functions. This requires working with regional functional teams and local teams to ensure that the information is sufficiently robust for decision-making purposes. + Partner with the key stakeholders, including the Function Owner, to identify the spending trend and patterns, potential savings / accrual needed and area of potential spending to align with and achieve the Regional Office and Asia Division strategic goals. Provide monthly expense reports to the functional heads in Regional Office and address any queries. + Manage regional office legal entity reporting, including regional office expenses, expense allocation to business units. This includes liaising with regional functional teams and the BU finance teams to ensure the allocation basis is appropriate, meets tax transfer pricing requirements, and is understood and accepted by the business units. + Set and manage business unit expense targets for the Asia segment, working with both business unit finance teams and regional office/global functional heads to determine the targets based on the strategic objectives of the business. The expense target-setting process is complex and requires extensive stakeholder management, frequently including senior regional executives. + Ensure the one source of truth of information between the Project Team and Finance Team. Actively look for and execute opportunities to improve existing processes in driving efficiency in the process and quality reporting. **Key Responsibilities** + Assist in the execution of the 2026 Expense Study, including reviewing allocation methodologies, supporting standardization of drivers, and ensuring compliance with corporate policy. + Consolidate and review submissions from business units and functions, drill down to the underlying business drivers and provide senior management with in-depth analysis of the business performance. + Consolidate and review Regional Office expenses including gross expense and RO allocations. + Provide actuals, forecast and budget submissions on RO Expenditure, Expenses, CE and other KPI metrics. + Consolidate the monthly Expenses report for Asia Division, to identify the key expenses drivers and to strive for consistency booking across different Business units. + Responsible for monthly / quarterly financial analytical review for the region and report submission to Corporate requirements. + Work closely with business units in order to ensure mutual understanding on the reporting requirements. + Proactively look for better ways to provide the information through improved analysis or reporting process. + Review business units’ annual budget/forecast data and address issues, follow up with business units Finance and regional functions to resolve identified problems and provide opinions on the feasibility. **Preferred Qualification** + Qualified accountant (CA or CPA) + 6+ years of finance/accounting experience, project management and reporting experience is a plus + Good financial analysis skills to track resources and costs + Good analytical skills, able to work under pressure, dynamic working environment and multi-tasking + Enjoy interacting with others and possess excellent interpersonal and communication skills + Good team player and able to deal with large quantity of data with high accuracy and tight timeline + Self-starter and passionate with can-do attitude + Ability to multitask effectively, perform under tight timeframe and cope in a fast paced and dynamic work environment + Proficiency in both written and spoken English. Fairly in Mandarin + Candidates with extensive experience may be considered for a Senior Manager position. **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. **Acerca de Manulife y John Hancock** Manulife Financial Corporation es un importante proveedor internacional de servicios financieros que ayuda a las personas a tomar decisiones de una manera más fácil y a vivir mejor. Para obtener más información acerca de nosotros, visite http://www.manulife.com . **Manulife es un empleador que ofrece igualdad de oportunidades** En Manulife/John Hancock, valoramos nuestra diversidad. Nos esforzamos por atraer, formar y retener una fuerza laboral tan diversa como los clientes a los que prestamos servicios, y para fomentar un entorno laboral inclusivo en el que se aprovechen las fortalezas de las culturas y las personas. Estamos comprometidos con la equidad en las contrataciones, la retención de talento, el ascenso y la remuneración, y administramos todas nuestras prácticas y programas sin discriminación por motivos de raza, ascendencia, lugar de origen, color, origen étnico, ciudadanía, religión o creencias religiosas, credo, sexo (incluyendo el embarazo y las afecciones relacionadas con este), orientación sexual, características genéticas, condición de veterano, identidad de género, expresión de género, edad, estado civil, estatus familiar, discapacidad, o cualquier otro aspecto protegido por la ley vigente. Nuestra prioridad es eliminar las barreras para garantizar la igualdad de acceso al empleo. Un representante de Recursos Humanos trabajará con los solicitantes que requieran una adaptación razonable durante el proceso de solicitud. Toda la información que se haya compartido durante el proceso de solicitud de adaptación se almacenará y utilizará de manera congruente con las leyes y las políticas de Manulife/John Hancock correspondientes. Para solicitar una adaptación razonable en el proceso de solicitud, envíenos un mensaje a recruitment@manulife.com . **Modalidades de Trabajo** Híbrido
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