Hybrid Director, Private Markets – Timber and Agriculture

at Manulife

• Job title: Director, Private Markets – Timber and Agriculture
• Job type: Full Time
• Experience level: Lead
• Salary: $120,750 - $217,350 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Boston, United States

About the role

• Director overseeing Timber and Agriculture Funds accounting at Manulife. Collaborating with teams across Investment Operations, Tax, Legal, and Compliance for operational excellence.

Responsibilities

• Oversee the accuracy of the books and records of the Timber and Agriculture Funds through coordination with the Fund Administrators
• Responsible for the coordination of quarterly reporting to the Fund’s investors
• Responsible for daily functions to support the building of the accounting record for Timber and Agriculture funds, Co-Investments and Holding Companies
• Close collaboration with teams across Investment Operations, Front Office, Tax, Legal, and Compliance to maintain operational excellence
• 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
• Ensure compliance with SOX and assist with yearly internal audit requests and walkthroughs
• Oversight and escalated clearance of issues arising in the recon 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 the 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
• Adherence to internal policies and procedures
• Work closely with management to implement business strategy
• Strong contributions in projects, new initiatives, and technology development
• Provide Admin data to support the front office, finance, compliance, and internal leadership requests

Requirements

• 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 is preferred (CPA, MSA, MST, MBA)
• Previous investment accounting experience with exposure to foreign currencies, consolidations, partnerships, REITs, IFRS/IAS
• Strong analytical skills
• Must have the ability to create and maintain strong relationships with people at all levels and different functions throughout the organization 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 matrixed, geographically dispersed 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

Benefits

• health, dental, mental health, vision insurance
• short- and long-term disability
• life and AD&D insurance coverage
• adoption/surrogacy and wellness benefits
• employee/family assistance plans
• retirement savings plans (including pension/401(k) savings plans and a global share ownership plan with employer matching contributions)
• financial education and counseling resources
• paid time off program includes up to 11 paid holidays, 3 personal days, 150 hours of vacation, and 40 hours of sick time