# Manager, Private Wealth Expense Management
## About the Role
The Manager of Private Wealth Expense Management at Sun Life will play a pivotal role in overseeing strategic expense management within the Private Wealth business. This position focuses on optimizing costs through insightful financial analysis, forecasting, and innovative strategies, which ultimately support business growth. Reporting to the Director of Private Wealth Expense Management, this role requires collaboration with a high-performing team and coordination with international finance teams located in Singapore and Bermuda.
The successful candidate will drive critical initiatives that extend beyond traditional reporting, influencing decision-making and operational efficiency. The role is designed for a qualified finance professional who is passionate about leveraging data analytics and AI to enhance financial processes and ensure sustainable expense management.
## Key Responsibilities
– **Budgeting & Planning**: Facilitate the annual budgeting process, ensuring alignment with strategic goals while challenging assumptions and validating budget allocations.
– **Forecasting & Analysis**: Manage periodic forecasting cycles, analyze actual versus planned expenses, and provide leadership with actionable insights for course corrections.
– **Cost Allocation & Chargebacks**: Develop methodologies for effective expense allocation and chargeback, ensuring compliance with policies and standards.
– **Governance & Control**: Implement expense governance frameworks, ensuring compliance and proactively addressing variances and risks.
– **Performance Optimization**: Conduct analyses that identify cost-saving opportunities, driving productivity initiatives in collaboration with business leaders.
– **Finance Transformation**: Lead or support process improvements and finance transformation projects to enhance efficiency, utilizing automation and advanced analytics.
– **Collaboration**: Serve as a strategic partner to cross-functional teams, ensuring cohesive expense management and sharing best practices across the organization.
## Required Skills
– CPA or CA designation (required).
– Bachelor’s degree in Finance, Accounting, or a related field (Master’s or MBA preferred).
– 7+ years of progressive experience in finance roles, particularly in expense management, financial planning & analysis, or controllership.
– Strong financial acumen with proficiency in financial systems (e.g., SAP, Hyperion, Alteryx) and advanced Excel.
– Familiarity with automation and data analytics/BI tools; interest in emerging AI technologies is highly valued.
– Experience in a global environment and the ability to collaborate across diverse teams and regions.
– Exceptional analytical skills to interpret complex financial data and provide strategic recommendations.
## Preferred Skills
– Experience in a large corporate or financial services setting managing budgeting, forecasting, and expense reporting processes.
## FinOps Responsibilities
– Conduct thorough expense analyses to identify and implement cost savings and efficiency improvements.
– Develop and maintain effective expense allocation methodologies in collaboration with regional controllers.
– Implement internal controls to ensure the integrity of expense reporting.
## Benefits
– Competitive salary and performance-based incentives.
– Comprehensive health and wellness benefits.
– Opportunities for professional development and continuous learning.
– Flexible working hours to accommodate time zone differences.
## Useful Links
– Private Wealth Page: https://www.linkedin.com/company/sun-life-private-wealth/
## Why You Might Be Interested
This role is an excellent opportunity for finance professionals seeking to make a significant impact within the Private Wealth sector by transforming expense management practices. You will work in a dynamic environment that values innovative thinking and collaboration, enabling you to contribute to the company’s strategic objectives while enhancing your professional skills.
