Director, Financial Planning

**Out of Scope****Permanent, Full-Time****Division: Finance****Posting Close: February 16, 2026****General Accountability**The successful candidate is responsible for leading the budgeting, forecasting, long-term financial planning, and strategic financial business analysis activities of the Finance team. The Leader directs financial analysis, modeling, trends, forecasting, and reporting efforts to ensure efficient financial operations of SGI. You will promote financial discipline in support of SGI’s operations, priorities, and strategic direction. You will also build organizational value through leadership, collaboration, and results. This role will lead a team of Financial Analysts/Financial Planning Specialists responsible for liaising with SGI divisions to ensure that future strategies, project proposals and business plans are incorporated into the annual budget and five-year forecast.**Key Accountabilities****Note: This section is not intended to be an exhaustive list of duties and responsibilities – other duties and responsibilities may be assigned.****Financial Planning*** Leads the development and ongoing maintenance of the corporate financial planning model in collaboration with the Director, Forecasting and Capital Monitoring to ensure continuous improvement.* Collaborates with Senior Leadership Team and provides leadership in the development of and guidance on divisional expense and underwriting targets that support maintaining adequate capital across all SGI companies.* Oversees the corporate wide divisional expense and underwriting budget process ensuring timelines are met as required.* Oversees the delivery of the five-year financial forecast and ensures strategies and future expected benefits are incorporated into the five-year financial plan.* Ensures divisional expenses are in alignment with industry benchmarks and where out of line with benchmarks, gains alignment on moving towards target over the five-year forecast.* Liaises with stakeholders, divisional management and Financial Planning and Analysis team to ensure that future strategies, project proposals and business plans are incorporated into the annual budget and five-year forecast.* Reviews detailed briefing books and related analysis for senior management and review and approval of expense budgets and underwriting budgets.* Provides timely and accurate financial information for the Audit, Finance and Conduct Review Committee and/or the Board of Directors, including Board items and presentation to support the administrative expense budget and underwriting budget.* Partners with business, Finance, and Digital and Information Services to implement new tools for data leverage, creating digestible dashboards and reports.* Ensures continuous improvement around budget requirements, forecasting methods, and identifying relevant factors and trends that may impact budgeting, forecasting and project analysis.* Researches and monitors the market for financial planning and analysis technologies that can improve outcomes such as forecasting speed and accuracy, data quality, and reporting insights.**Financial Performance Measurement*** Leads the development of SGI’s financial planning and analysis strategy, including outlining the activities that will be supported by the team, the structure required to deliver on the activities offered and communicating the service offering provided by the team across SGI.* Collaborates on the 2–3-year strategic planning cycle for the enterprise and provides financial scenario analysis to support strategic planning activities.* Leads the budget to actual variance analysis and provides insight into financial performance to senior leadership and the Board of Directors.* Leads the delivery of quarterly financial projections and communicates changes in the financial projection corporately.* Advises the business on opportunities to improve performance, minimize risk, and maximize opportunities through creation and delivery of key performance indicators and various dashboard reporting.* Leads the quarterly CIC financial performance management reporting activities and supports the delivery of the Performance Management Plan for CIC.* Leads financial benchmarking activities, including benchmarking of FTE’s and corporate spending against the insurance industry (AON Ward Group, MSA, Manitoba Public Insurance and the Insurance Company of British Columbia).* Ensures financial key performance indicators are aligned across SGI and reported accurately for CIC, Balanced Scorecard Reporting and Salary Holdback Plan reporting. Recommends changes as required.* Leads expense analysis activities in support of Auto Fund rate review submissions.* Leads ad-hoc financial analysis as required.**Capital Allocation and Project Investment*** Oversees the development of project budget and capital budgeting metrics to support project business cases, business plans and project requests (IRR, NPV, Payback Period) leveraging the corporate financial model.* Leads development activities related to key economic assumptions used in business cases (hurdle rate, discount rate, inflation assumptions) and ensures assumptions used are consistent across SGI.* Supports the Strategic Review Board in understanding the financial implications of project prioritization activities on SGI’s long-term financial plan.* Oversees project financial reporting and budgeting activities.* Oversees the development of a long-term capital plan (facilities, software etc.).* Collaborates with actuarial team and coordinates the review of the capital management policy for all SGI entities.**People Leadership*** Builds a high performing workforce by actively leading human resource activities.* Ensures development of divisional succession plans.* Builds a culture of leadership and accountability to effectively deliver on strategic and corporate strategies, ensuring integration with employee performance development and career development plans.* Drives performance through team members and is committed to leadership development across the company, supporting employees and workforce readiness through mentoring, training and developmental opportunities.**Corporate Management*** Ensures programs and policies are in alignment with corporate, strategic and divisional strategies.* Manages risk in area of authority.* Prepares, reviews, manages and/or approves departmental/divisional budgets.* Prepares decision requests, decision and/or information items and/or SGI board items.* Ensures that the Health, Safety and Emergency Management Policy is applied in area of responsibility, including development, implementation and managing of program components specific to departmental health and safety requirements.* Makes decisions for departmental operations that are efficient, effective and in alignment with strategic direction and priorities.* Ensures department and program policies, procedures and guidelines are in compliance with applicable federal and provincial legislation and regulations; implements and evaluates changes to legislation and regulations in area of authority.* Establishes and maintains an effective system of internal controls to support reliable financial reporting and compliance in accordance with applicable laws and regulations within the span of control and communicates the importance of internal controls to staff.**Education and Experience*** A four-year degree from an accredited post-secondary education institution in relevant field of study such as Business.* A Chartered Professional Accounting designation (CPA), Chartered Financial Analyst (CFA) or Fellow of the Canadian Institute of Actuaries (FCIA).* Ten years’ experience comprised of six years of leadership and four years’ experience with increasing responsibility in corporate financial planning activities or finance management.**Knowledge, Skills and Abilities*** Knowledge of insurance
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