Manulife Financial
Director, Private Markets, Timber and Agriculture
Manulife Financial, Boston, Massachusetts, us, 02298
Job Overview
Reporting to AVP – Private Markets Operations, the Director, Private Markets, Timber and Agriculture, will oversee the accuracy of the books and records of the Timber and Agriculture Funds through coordination with the Fund Administrators and is responsible for the coordination of quarterly reporting to the Fund’s investors. The incumbent will be responsible for daily functions to support the building of the accounting record for Timber and Agriculture funds, Co‑Investments and Holding Companies. The position requires close collaboration with teams across Investment Operations, Front Office, Tax, Legal, and Compliance to maintain operational excellence and deliver accurate, high‑quality reporting.
The Private Markets Investment Operations team supports operations for private assets including mortgages, private debt, fixed income, real estate, private equity, infrastructure, timber and agriculture, as well as third‑party alternative investment funds and separately managed accounts.
Position Responsibilities
Review quarterly financial statements for a variety of investment structures (LPs, LLCs, Corps, REITs, Separate Accounts)
Review advisory fee calculations on a quarterly basis such as account management fees, incentive fees, portfolio development fees, disposition fees, separate account advisory fees
Prepare and review performance reporting metrics, such as return composites, board reports, and NCREIF submissions
Responsible for the review of capital calls, distribution calculations, and rebalancing of the Timber and Agriculture Funds
Support the General Account team in reviewing and approving monthly reporting and reconciliations under IFRS and USGAAP, and work with the team to implement accounting policy changes for IFRS and USGAAP; also ensure compliance with SOX and assist with yearly internal audit requests and walkthroughs
Oversight and escalated clearance of issues arising in the reconciliation between the administrator and Manulife’s internal book of record
Timely and accurate production and coordination of the quarterly client reporting process in conjunction with front office, finance, performance, and the administrator
Quality control and tolerance check all client reporting before publication to investors
Act as a liaison between the internal finance group and the administrator to ensure timely issuance of financial reporting data and other requests
Adhere to internal policies and procedures
Ensure the team operates under the strongest control environment and that tasks are completed within procedures and controls, including proper escalation protocols
Work closely with management to implement business strategy
Contribute strongly to projects, new initiatives, and technology development
Provide admin data to support front office, finance, compliance, and internal leadership requests
Required Qualifications
7–10 years of alternative investment experience in fund accounting, fund administration, or operations; timber and agriculture accounting experience a plus
Accounting or finance degree; additional degree or accreditation preferred (CPA, MSA, MST, MBA)
Previous investment accounting experience with exposure to foreign currencies, consolidations, partnerships, REITs, IFRS/IAS
Strong analytical skills
Ability to build strong relationships with people at all levels and with external partners
Strong planning, communication, and collaboration skills
Solution oriented
Progressive experience in private markets funds, private equity, infrastructure, fixed income, middle office operations management and leadership
Ability to work effectively within a geographically dispersed, matrixed team and leverage knowledge across the organization
Proven leadership and management skills in achieving departmental, project, and individual objectives, and in developing staff
Results oriented – ability to balance multiple priorities and projects
Excellent manager capability and experience facilitating and promoting high team engagement
Excellent knowledge of information systems audit methodologies, control frameworks, risk management practices and regulatory requirements
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.
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 consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact recruitment@manulife.com.
Salary and Working Arrangement Location: Boston, Massachusetts (Hybrid work arrangement)
Salary range is expected to be between $120,750.00 USD – $217,350.00 USD.
If you are applying for this role outside of the primary location, please contact recruitment@manulife.com 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.
Contact Company: John Hancock Life Insurance Company (U.S.A.) | Email: recruitment@manulife.com
#J-18808-Ljbffr
The Private Markets Investment Operations team supports operations for private assets including mortgages, private debt, fixed income, real estate, private equity, infrastructure, timber and agriculture, as well as third‑party alternative investment funds and separately managed accounts.
Position Responsibilities
Review quarterly financial statements for a variety of investment structures (LPs, LLCs, Corps, REITs, Separate Accounts)
Review advisory fee calculations on a quarterly basis such as account management fees, incentive fees, portfolio development fees, disposition fees, separate account advisory fees
Prepare and review performance reporting metrics, such as return composites, board reports, and NCREIF submissions
Responsible for the review of capital calls, distribution calculations, and rebalancing of the Timber and Agriculture Funds
Support the General Account team in reviewing and approving monthly reporting and reconciliations under IFRS and USGAAP, and work with the team to implement accounting policy changes for IFRS and USGAAP; also ensure compliance with SOX and assist with yearly internal audit requests and walkthroughs
Oversight and escalated clearance of issues arising in the reconciliation between the administrator and Manulife’s internal book of record
Timely and accurate production and coordination of the quarterly client reporting process in conjunction with front office, finance, performance, and the administrator
Quality control and tolerance check all client reporting before publication to investors
Act as a liaison between the internal finance group and the administrator to ensure timely issuance of financial reporting data and other requests
Adhere to internal policies and procedures
Ensure the team operates under the strongest control environment and that tasks are completed within procedures and controls, including proper escalation protocols
Work closely with management to implement business strategy
Contribute strongly to projects, new initiatives, and technology development
Provide admin data to support front office, finance, compliance, and internal leadership requests
Required Qualifications
7–10 years of alternative investment experience in fund accounting, fund administration, or operations; timber and agriculture accounting experience a plus
Accounting or finance degree; additional degree or accreditation preferred (CPA, MSA, MST, MBA)
Previous investment accounting experience with exposure to foreign currencies, consolidations, partnerships, REITs, IFRS/IAS
Strong analytical skills
Ability to build strong relationships with people at all levels and with external partners
Strong planning, communication, and collaboration skills
Solution oriented
Progressive experience in private markets funds, private equity, infrastructure, fixed income, middle office operations management and leadership
Ability to work effectively within a geographically dispersed, matrixed team and leverage knowledge across the organization
Proven leadership and management skills in achieving departmental, project, and individual objectives, and in developing staff
Results oriented – ability to balance multiple priorities and projects
Excellent manager capability and experience facilitating and promoting high team engagement
Excellent knowledge of information systems audit methodologies, control frameworks, risk management practices and regulatory requirements
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.
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 consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact recruitment@manulife.com.
Salary and Working Arrangement Location: Boston, Massachusetts (Hybrid work arrangement)
Salary range is expected to be between $120,750.00 USD – $217,350.00 USD.
If you are applying for this role outside of the primary location, please contact recruitment@manulife.com 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.
Contact Company: John Hancock Life Insurance Company (U.S.A.) | Email: recruitment@manulife.com
#J-18808-Ljbffr