Manager, Strategic Expense Management

3 days ago


Toronto, Canada Canada Life Assurance Company Full time

**Job Description**:
**We are Canada Life**

Being a part of Canada Life means you have a voice. This is a place where your unique background, perspectives and talents are valued, and shape our future success.

You can be your best here. You’re part of a diverse and inclusive workplace where your career and well-being are championed. You’ll have the opportunity to excel in your way, finding new and better ways to deliver exceptional customer and advisor experiences.

***

Together, as part of a great team, you’ll deliver on our shared purpose to improve the well-being of Canadians. It’s our driving force. Become part of a strong and successful company that’s trusted by millions of Canadians to do the right thing.

Be your best at Canada Life.

We are looking for a
**_ Manager, Financial Management & Planning_**

**_
Given the size and scope of our organization, we have the flexibility for this position to be located in the following head office locations: Toronto, London, Winnipeg._**

The Manager is a key member of the Canada Performance Management Team, specifically focused on strategic expense management, expense targets, budgets and forecasting and long-term financial planning for the Canadian business segment. This role has broad scope, with opportunity to work with all lines of business across the Canadian division.

**What you will do**
- Management of the Canadian expense trajectory and planning - play a central role in the process by coordinating with the Canadian finance teams on expense trajectory modeling and analysis with accountability to the organizations senior finance leaders:

- Analysis of current results including impacts of expense efficiency initiatives
- Creating short-term expense models to understand in-year outlook
- Creating medium-term expense targets and monitoring progress towards them
- Building long-term expense forecast models of direct expenses and modeling allocations of direct expense in support of earnings forecasts
- Analyze budget submissions in the context of expense targets and help build the expense components of the budget plan deck
- Responsibility to influence and challenge thinking; identify opportunities for process improvement and work to implement changes with the finance teams
- Build out and reporting of KPIs, unit costs and other expense metrics to support effective financial management of the Canadian business and in support of Strategic Expense Management objectives
- Financial analysis, modeling and business case support of strategic expense management initiatives and strategic expense Steerco priorities
- Generate insightful monthly and quarterly reporting for Senior management on the results of Strategic Expense Management efforts
- Analysis of progress, reporting and presentation of restructuring initiatives and associated efficiencies including Par allocations
- Build collaborative partnerships with the matrix finance organization

**What you will bring**
- 5+ years of relevant experience
- University Degree in Business or Finance & related designation
- Advanced Microsoft Excel skills; Proficient in SAP and PowerPoint
- Strong business acumen and experience in finance or expense management and planning
- Experience with tools like think-cell would be a plus
- Problem-solving and analytical capabilities
- Effective communication and strong relationship building skills.
- Well-developed organizational and time management skills

**Be your best at Canada Life

**We are one of Canada's top 100 employers**
- Canada Life serves the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States. As members of the Power Financial Corporation group of companies, we’re one of Canada’s leading insurers with interests in life insurance, health insurance, investment and retirement savings. We offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations._
- We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee _
- has the opportunity to_
- reach their potential._

**_
Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted_



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