Associate Director, Financial Planning & Analysis

Sun Life • Wellesley, CT

4d • Hybrid

About The Position

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. The opportunity: 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.

Requirements

• 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
• 5+ years of analytical experience

Nice To Haves

• Insurance industry experience is preferred.
• Prior staff management experience
• MBA preferred but not required

Responsibilities

• 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 f inancial 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

Benefits

• At Sun Life, we prioritize your well-being with comprehensive benefits, including generous vacation and sick time, market-leading paid family, parental and adoption leave, medical coverage, company paid life and AD&D insurance, disability programs and a partially paid sabbatical program.
• Plan for your future with our 401(k) employer match, stock purchase options and an employer-funded retirement account.
• Enjoy a flexible, inclusive and collaborative work environment that supports career growth.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level