Associate Director, Financial Planning & Analysis

Job Description:

Sun Life embraces a hybrid work model that balances in-office collaboration with the flexibility of virtual work.
Our team members and leaders are expected to foster connection and teamwork by being present in the office at least 2 days per week.

In this position you will be a member of the Employee Benefits Finance team working in a financial planning and analysis role. This role will manage 1 Senior Financial Analyst. The team is responsible for supporting the Employee Benefits business unit in managing its financial results and supporting its objectives in achieving sustainable, profitable business growth.

• Manages the preparation and review of the following FP&A packages: product level P&L analysis, financial forecasts, capital/ROE analysis, KPIs, Strategic and Business Plans, key financial metrics for Monthly and Quarterly Business Reviews, and other strategic analysis.
• Evaluates financial performance and makes recommendations through insightful management reporting by demonstrating engagement and collaboration with business partners.
• Provides financial results deliverables and key drivers against budget and forecast that are reconciled, easy to read and analyze and help to identify risks and recommendations for the businesses.
• Partners with the Actuarial Projections and Analytics, Group Accounting, Valuation, Pricing and Expense Management teams, plus a range of other key stakeholders, to prepare forecasts and analyze results.
• Ensures the content, messaging and delivery of financial reporting packages are appropriate and meets all required timelines.
• Collaborates with various teams during the business and strategic planning cycle and in-year target setting forecast processes through active project management, influence, and insightful presentations.
• Oversees the quarterly and annual SOX-controlled Goodwill testing process.
• Drives or supports projects as required, including providing finance support for strategic initiatives and business case development, and other financial analysis and modelling.
• Collaborates on initiatives that drive the changing agenda for Finance by participating in various projects involved in operational and financial optimization of systems and processes.
• Provides key insight and is influential in driving key systems enhancements to improve financial processes and reporting.
• Actively identifies and implements best practices, technologies and tools to support the modernization of the finance function.

• Advanced knowledge of Microsoft applications (Excel, Powerpoint, Word)
• Experience with SAP as well as Oracle General Ledger financial reporting hierarchies and associated reporting tools (EFDW/AFO, Essbase/Smartview, Hyperion Financial Reporting, Tableau).
• Excellent interpersonal and communication skills are required as this position has direct contact with business groups including senior leaders.
• Ability to work independently, provide leadership and effectively support team including providing coaching for senior analysts on the team.
• Ability to work with a variety of team members and function in a dynamic environment.
• Problem solving skills with a natural curiosity for root cause analysis to identify key levers of financial performance.
• Analytical thinking skills to design/orchestrate use of financial and business analytics for decision making.
• Strong prioritization and organization skills; capable of and committed to meeting financial reporting deadlines in a high-performance environment.

• Bachelor's degree in finance or accounting; MBA preferred but not required
• 5+ years of analytical experience
• Insurance industry experience is preferred.
• Prior staff management experience

Salary Range: $112,300 - $168,500

At our company, we are committed to pay transparency and equity. The salary range for this role is competitive nationwide, and we strive to ensure that compensation is fair and equitable. Your actual base salary will be determined based on your unique skills, qualifications, experience, education, and geographic location. In addition to your base salary, this position is eligible for a discretionary annual incentive award based on your individual performance as well as the overall performance of the business.

We are dedicated to creating a work environment where everyone is rewarded for their contributions.

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We are committed to fostering an inclusive environment where all employees feel they belong, are supported and empowered to thrive. We are dedicated to building teams with varied experiences, backgrounds, perspectives and ideas that benefit our colleagues, clients, and the communities where we operate. We encourage applications from qualified individuals from all backgrounds.

At Sun Life, we prioritize your well-being with…