Role Overview:
In 2021, the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting issued the Pillar Two framework, which is intended to ensure that large multinational enterprises, such as Manulife, pay a minimum effective tax rate of 15% in each jurisdiction in which they operate. This framework is commonly referred to as the Global Minimum Tax (GMT).
GMT became effective in Canada in 2024 and has been implemented, or is being implemented, in jurisdictions around the world. Manulife’s Global Tax team is now focused on the ongoing execution of GMT compliance, tax reporting and advisory activities across applicable jurisdictions.
The Senior Tax Analyst, Global Taxation will be an integral member of the GMT team, with primary responsibility for preparing data, calculations, filings and reporting. Reporting to the AVP, Global Taxation and supporting the Manager, Global Taxation, the incumbent will work closely with Global Tax colleagues, local tax teams, Finance, IT, and business stakeholders.
Position Responsibilities:
- Prepare quarterly and annual GMT calculations, including jurisdictional effective tax rate, top-up tax, safe harbour, substance-based income exclusion and related supporting schedules.
- Gather, validate and reconcile data used in GMT tax provision, compliance filings and management reporting; investigate data gaps and coordinate timely resolution with data owners.
- Support tax accounting and reporting processes by preparing account reconciliations, journal-entry support and explanations of period-over-period changes.
- Prepare GMT returns, registrations, notifications and other jurisdictional compliance deliverables, together with complete supporting documentation and audit trails.
- Maintain entity, filing and legislative trackers and support an effective control environment through documented procedures, evidence retention and timely escalation of issues.
- Research and document technical matters, monitor OECD guidance and jurisdictional legislation, and summarize the compliance, reporting or advisory implications for review.
- Coordinate with local tax and controller teams and third-party service providers to obtain inputs, respond to questions and support timely, accurate deliverables.
In addition to core GMT execution, the Senior Tax Analyst will contribute to continuous improvement and broader Global Tax advisory activities, including:
- Identify opportunities to improve data quality, calculation efficiency, controls, documentation and repeatability across the end-to-end GMT lifecycle.
- Prepare analyses that support GMT advisory, planning and business decisions, including assessment of entity changes, transactions and emerging jurisdictional exposures.
- Support broader international tax advisory and compliance work, including surplus calculations and related analysis for Manulife’s foreign affiliates.
- Partner with Global Tax colleagues on other tax reporting, compliance and advisory priorities as capacity and business needs evolve.
Required Qualifications:
- Professional accounting designation (CPA preferred) or equivalent relevant tax and accounting experience.
- Relevant experience in corporate tax, tax accounting, financial reporting, audit or a related analytical role.
- Strong analytical skills and attention to detail, with the ability to prepare accurate calculations, reconcile data and maintain clear supporting documentation.
- Curious and resilient, with a demonstrated ability to learn new tax and accounting concepts and apply them to practical deliverables.
- Results-oriented and well organized, with the ability to meet tight timelines, manage recurring compliance obligations and balance competing priorities.
- Strong written and verbal communication skills, including the ability to explain technical matters clearly to tax and non-tax stakeholders.
- Ability to collaborate effectively across functions and jurisdictions and to escalate issues in a timely, solutions-oriented manner.
- Advanced proficiency in Microsoft Excel and strong working knowledge of other Microsoft Office applications.
Preferred Qualifications:
- Experience in Canadian or international corporate taxation, tax accounting or insurance is a strong asset.
- Knowledge of Pillar Two/GMT, foreign-affiliate surplus calculations, corporate tax compliance or tax provision processes is an asset.
- Familiarity with AI-efficiency tools (e.g. Microsoft Copilot) is an asset.
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.
The role being advertised is an existing vacancy.
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.
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 hr@manulife.com.
Referenced Salary Location
Toronto, Ontario
Working Arrangement
Hybrid
Salary range is expected to be between
$73,725.00 CAD - $122,875.00 CAD
Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance. 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. If you are applying for this role outside of the primary location, please contact hr@manulife.com for the salary range for your location.
Manulife 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 and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in Canada includes holidays, vacation, personal, and sick days, and we offer the full range of statutory leaves of absence. If you are applying for this role in the U.S., please contact hr@manulife.com for more information about U.S.-specific paid time off provisions.
We use data and analytics technologies, such as artificial intelligence (AI), and automated processing tools, to analyze and process the information you provide to us or third parties in the application process. For more information, please refer to our personal information collection statement.
