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Working Arrangement

Job Description

Roles and Responsibilitites

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

• Assists in strategic planning, scheduling of workflow assignments and procedural reviews.

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

• Other duties as assigned Shared Responsibilities:

• 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

Requirements:

• Bachelor’s 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 required

• 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 Decision Authorities:

• Decisions are done at the preparation level and then reviewed by a manager.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Asia, Canada, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions. At the end of 2022, we had more than 40,000 employees, over 116,000 agents, and thousands of distribution partners, serving over 34 million customers. At the end of 2022, we had $1.3 trillion (US$1.0 trillion) in assets under management and administration, including total invested assets of $0.4 trillion (US $0.3 trillion), and segregated funds net assets of $0.3 trillion (US$0.3 trillion). We trade as ‘MFC’ on the Toronto, New York, and the Philippine stock exchanges, and under ‘945’ in Hong Kong.

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 recruitment@manulife.com.