Manager - Administrative Services Only (ASO) Billing

Manager - Administrative Services Only (ASO) Billing

Full-Time 70500 - 117500 $ / year (est.) Hybrid
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At a Glance

  • Tasks: Lead billing operations and manage complex financial transactions with a focus on accuracy.
  • Company: Join Manulife, a leading international financial services provider committed to diversity and inclusion.
  • Benefits: Enjoy competitive salary, flexible work environment, and comprehensive health benefits.
  • Other info: Be part of a dynamic team that champions innovation and continuous improvement.
  • Why this job: Make a real impact in financial operations while developing your leadership skills.
  • Qualifications: Bachelor's degree and 3-5 years of experience in financial operations or related fields.

The predicted salary is between 70500 - 117500 $ per year.

Position Responsibilities:

  • Financial Operations & Billing Oversight
    • Lead the day-to-day administration of self-funded benefit plan billing operations.
    • Oversee the accurate monthly bill runs and invoicing of benefit claim costs, administrative fees, adjustments, recoveries, taxes, and other client financial transactions.
    • Ensure timely and accurate reconciliation of client accounts, funding arrangements, and financial activity, as well as Balance Sheet claims and suspense accounts.
    • Manage complex financial transactions, escalations, and exceptions while ensuring timely resolution.
    • Monitor and manage suspense accounts, beyond clearing standards items, and aged financial exceptions to ensure timely resolution.
    • Maintain a strong control environment to support financial accuracy, integrity, and audit readiness.
  • Risk Management & Financial Controls
    • Identify, assess, and mitigate operational and financial risks associated with billing and financial administration activities.
    • Monitor, analyze, and report on key performance indicators (KPIs), service level agreements (SLAs), and operational metrics.
    • Ensure compliance with internal policies, controls, audit requirements, and regulatory obligations.
    • Partner with Finance, Risk Management, and Control functions to strengthen processes and address control gaps.
    • Support internal and external audits and ensure timely completion of remediation activities (SOX / SOC 1 compliance).
  • Stakeholder Engagement Management
    • Develop and maintain strong partnerships with internal and external stakeholders.
    • Act as a key escalation point for complex client financial inquiries and billing-related issues.
    • Provide expertise and guidance on billing processes, funding arrangements, financial administration, and operational best practices.
    • Collaborate with business partners on client implementations, plan changes, and strategic initiatives.
    • Provide oversight and governance of SFS operational partners in the Philippines responsible for back-office processing activities related to ASO billing.
  • AI, Automation & Continuous Improvement
    • Identify opportunities to improve efficiency, quality, accuracy, and service delivery through process optimization and AI automation.
    • Lead and support continuous improvement initiatives that enhance operational performance and reduce risk.
    • Champion innovation and leverage digital solutions, analytics, and emerging technologies to improve business outcomes.
    • Support strategic transformation initiatives and organizational change efforts.
  • Leadership & Talent Development
    • Lead, coach, and develop a team of billing professionals.
    • Foster a culture of accountability, collaboration, continuous learning, and service excellence.
    • Establish clear performance expectations and provide ongoing coaching, feedback, and development opportunities.
    • Support workforce planning, succession planning, and employee engagement initiatives.
    • Create an inclusive environment where team members can grow and contribute to organizational success.

Required Qualifications:

  • Bachelor's degree in Finance, Accounting, Business Administration, Commerce, Economics, Mathematics, Data Analytics, or a related field.
  • 3-5 years of progressive leadership experience in financial operations, billing, accounting, client financial administration, insurance operations, banking, or a related industry.

Preferred Qualifications:

  • Experience leading teams in a fast-paced, high-volume operational environment.
  • Strong understanding of financial controls, reconciliations, risk management, and operational governance.
  • Demonstrated ability to lead change and implement process improvements.
  • Strong analytical and problem-solving skills with the ability to make sound decisions in complex situations.
  • Excellent communication, relationship management, and stakeholder engagement skills.

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.

Manager - Administrative Services Only (ASO) Billing employer: Manulife/John Hancock

Manulife/John Hancock is an exceptional employer that fosters a dynamic and inclusive work culture in the heart of Toronto. With a strong commitment to employee growth, we offer comprehensive professional development opportunities and encourage collaboration across global teams, making it an ideal environment for those looking to make a meaningful impact in the private debt sector. Our competitive benefits package and focus on work-life balance further enhance the rewarding experience of being part of our innovative organization.

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Contact Details:

Manulife/John Hancock Recruitment Team

We think you need these skills to ace Manager - Administrative Services Only (ASO) Billing

Financial Operations Management
Billing Oversight
Account Reconciliation
Risk Management
Financial Controls
Stakeholder Engagement
Process Optimization