You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.

Job Description:

About the role

The Retail Advice & Solutions (RA&S) Finance team is responsible for providing accurate and timely financial information to enable effective management decision-making, working in partnership with our business partners in RA&S and other Business Units in Canada, including Canadian Finance.

The Director, Expense Management leads the expense management function, including the expense gap process and supporting analysis. This includes overseeing the completion of the monthly/quarterly expense reporting deliverables (including the production of the expense gap calculator), leading the expense planning/forecast process, coordinating the annual budget, providing ad-hoc expense related analysis, and supporting the associated financial analysis. The role is a key contributor in driving expense insights and informing decisions made by the BU Finance Team and the RA&S Leadership Team, and in close collaboration with SLF Canadian Finance.

The Director will also need to proactively engage and work with Finance teams across SLF in order to meet all deliverables.

What you'll be doing

• Responsible for Expense Management functions within RA&S including but not limited to:

• Investigate and effectively communicate expense variances to all levels of management

• Actively seek out expense savings opportunities and presenting action plans

• Attest to the accuracy of reporting and other information produced by ensuring the proper reviews have been completed

• Lead expense & initiative components of strategic/business planning, budgeting, and forecasting

• Ensure all allocations (eg. Insurance vs Wealth, Directly Attributable vs Non Directly Attributable) are appropriate for actual reporting, forecast, business and strategic plan and budget.

• Coordinate the build of the RA&S expense gap calculator for forecast, quarterly reporting, business and strategic plan

• Understand and communicate drivers of expense gap results and the impact to the RA&S business

• Develop and manage trending, analysis and reporting of advisor commissions

• Work with Agile Portfolio Management partners to manage key initiative expenses and portfolio traction, including communication to leadership and cross-functional coordination of business outcomes

• Complete monthly/quarterly Sales Incentive Plan (SIP) reasonability reviews for SLFD and IID and facilitate quarterly SIP accrual estimates. Create ad hoc SIP modelling as necessary

• Present to senior management and BU partners where required

• Manage and lead the RA&S Expense Management team while building strong relationships within and outside of RA&S

What you'll need to succeed

• Accounting designation (CPA (CMA, CGA,CA)) with a minimum 10 years of business/accounting experience

• Knowledge of Insurance services and products and related market segments

• Strong financial knowledge of expense and reporting flows and drivers for RA&S

• Experience with SAP & Hyperion

• Ability to lead independently through change and ambiguity

• Proven ability to engage and influence key business partners

• Proven ability to partner and build relationships

• Proven flexibility, adaptability and creativity to meet deadlines and manage priorities

• Detail oriented contributor

• Strong financial analysis and model development skills

• Strong interpersonal and communication skills (oral and written)

• Excellent PC skills (Role utilizes tools such as: MSOffice Suite, SAP, Tableau, Hyperion)

• Highly motivated with the ability to consistently seek out improvements to current processes

• As this position is posted in several locations, we specify that bilingualism (French, English, both oral and written) is required for Quebec only as the position includes managing both French and English-speaking staff (Quebec and outside Quebec) and providing daily support to the team.

What's in it for you

• Being a member of the Sun Life family, a group of people united by our Purpose: to help Clients and Employees achieve lifetime financial security and live healthier lives.

• In 2024, Sun Life ranked among the top 100 most sustainable global corporations by Corporate Knights for the 15th consecutive year, leading Canadian insurers. 

• We are proud to be on the 2024 Best Workplaces in Canada list by Great Place to Work. 

• We’re also listed as one of the Best Workplaces for Women and Best Workplaces with Most Trusted Executive Teams.

• Our unique Sabbatical Program gives you the opportunity to take up to 6 weeks off, every five years.

• Care Days available for self-care or care of others (i.e., family or others you may support) and Sick Days to support your well-being.

The Base Pay range is for the primary location for which the job is posted.  It may vary depending on the work location of the successful candidate or other factors.  In addition to Base Pay, eligible Sun Life employees participate in various incentive plans, payment under which is discretionary and subject to individual and company performance.  Certain sales focused roles have sales incentive plans based on individual or group sales results. 

Diversity and inclusion have always been at the core of our values at Sun Life. A diverse workforce with wide perspectives and creative ideas benefits our clients, the communities where we operate and all of us as colleagues. We welcome applications from qualified individuals from all backgrounds.

Persons with disabilities who need accommodation in the application process or those needing job postings in an alternative format may e-mail a request to [email protected].

At Sun Life we strive to create a flexible work environment where our employees are empowered to do their best work. Several flexible work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.

We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.

Salary Range:

105,000/105 000 - 175,000/175 000

Job Category:

Finance

Posting End Date:

01/09/2024