Associate Director, SLC Compensation Finance

Job title: Associate Director, SLC Compensation Finance

Job description: SLC Management is a growing global asset management firm providing innovative and diversified investment solutions to institutional investors. We are breaking new ground with a full spectrum of solutions for a growing institutional client base of more than 1300 organizations. Our history of organic and strategic growth reflects this commitment with over CA$335/US$260 billion in assets under management (AUM). As a subsidiary of Sun Life, we are aligned with one of the world’s leading financial services companies, and benefit from the stability and strength of that relationship.

We are a performance-driven organization with a deliberate focus on fostering a development-focused, inclusive culture revolving around our Core Values of being client obsessed, valuing each other, acting with speed and having an owner’s mindset. As part of our team, you play a role in fulfilling our purpose and making a difference. We offer a rewarding work environment that is filled with opportunity for growth where you will be empowered to meet the challenges of a highly competitive landscape.

Hybrid Work Model

SLC Management operates in a hybrid environment with a mix of in-office and virtual work where our employees are empowered to do their best. Generally, employees are expected to work three days in-office each week with flexibility depending on their business, client and team needs.

Job Description:

About Sun Life Capital Management:

SLC Management is a growing global asset management firm providing innovative and diversified investment solutions to institutional investors. We are breaking new ground with a full spectrum of solutions for a growing institutional client base of more than 1300 organizations. Our history of organic and strategic growth reflects this commitment with over CA$335/US$2620billion in assets under management. As a subsidiary of Sun Life, we are aligned with one of the world’s leading financial services companies, and benefit from the stability and strength of that relationship.

We are a performance-driven organization with a strong and deliberate focus on fostering a development-focused, inclusive culture revolving around our Core Values: Client Obsessed, Value Each Other, Act with Speed and Owner’s Mindset. As part of our team, you play a role in fulfilling our purpose and making a difference. We offer a rewarding work environment that’s filled with opportunity for professional growth where you will be empowered to meet the challenges of a highly competitive landscape. Learn more at .

Hybrid Work Model

SLC Management operates in a hybrid environment with a mix of in-office and virtual work where our employees are empowered to do their best. Most employees work in-office 2-3 days per week depending on their client, business and team needs.

About the role:

Reporting to the Senior Director, SLC Compensation Finance, the Associate Director, SLC Compensation Finance serves as a key member of the SLC Compensation Finance team and is responsible for managing the finance-related activities for the various compensation programs across the SLC Management organization including its affiliates.

Partners across HR and Finance functions, with our Sun Life and SLC business partners and SLC affiliates to implement strong governance and financial controls for various compensation programs across and ensure accurate and timely completion of various deliverables to the key stakeholders.

This is a key finance role that will require strong understanding of our business (including the affiliates) and each of the compensation programs. The incumbent must thrive on collaborating with many business partners, understanding and managing the volume and complexity of the compensation programs in order to deliver accurate, timely and meaningful results to senior leadership and other key stakeholders of the programs.

What will you do?

Partners across SLC, HR and the various affiliates and business to build a strong and robust process to ensure all key compensation-related deliverables including the required inputs and timelines are clearly identified.

Manages the processes for various SLC compensation programs, including but not limited to

Responsible for the accounting, reconciliation and reporting of various SLC compensation programs.

unit value calculations for the SLC Phantom Share Unit (PSU) Plans

sales reconciliation and incentive pool calculation for the Sales Incentive Plans (SIP)

producing supporting metrics and analytical commentaries for the Annual Incentive Plans (AIP)

managing our existing management equity programs, such as maintaining the unit tracking schedule, determining quarterly income allocations by participant, cash distributions, calculations of redemption values, preparation of quarterly participant’s statements, communication with participants etc.

Liaise with Tax team for quarterly tax payments and preparation of annual tax schedules/slips related to compensation plans

Enhance existing SOX process documentation and controls for the various compensation programs and clearer identification of timelines and accountabilities by various teams involved in the processes.

Assist SOX team, internal and external auditors with quarterly/annual reviews and walkthroughs

Demonstrates a continuous improvement mindset and ensures strong governance and records management processes are in place throughout the SLC compensation processes and platform.

Develops strong relationships with the affiliates to support calculations, reviews and reconciliation of their inputs to their respective compensation programs.

What do you need to succeed?

Bachelor’s degree with experience in compensation functions (2-5 years) combined with a Finance background.

Strong verbal and written communication skills, with an ability to build and maintain strong relationships with all levels of the organization.

Ability to apply technical knowledge to business issues and have the confidence to challenge and influence senior stakeholders.

Strong problem solving, financial analysis and conceptual skills.

Ability to organize, manage and interpret data in a meaningful way.

Highly developed analytical skills with ability to identify key issues and develop solutions is essential.

Strong time management skills and able to handle conflicting priorities while driving desired results.

Preferred Skills:

Professional accounting designation (CPA, CA, CMA, CGA) will be strongly preferred

Proficiency in Microsoft Office tools including Excel, PowerPoint, and Word; Experience with SAP, Oracle, and/or Tableau will be an asset

Experience with working at a Financial Institution especially in the Asset Management space will be a valuable asset

Knowledge of IFRS 2 (Share-based Payment) and IAS 19 (Employee Benefits) is a strong asset.

What’s in it for you?

Opportunity to work for a growing global institutional asset manager

Excellent benefits and wellness programs to support the three pillars of your well-being – mental, physical and financial

Pension, stock and savings programs to help build and enhance your future financial security

A friendly, collaborative and inclusive culture

The opportunity to move along a variety of career paths with amazing networking potential

Named 2021 “Best Places to Work” by Glassdoor

Canada Award for Excellence for Mental Health at Work – 2021

Please note: All employees of SLC Management and its affiliates are committed to fair dealings and integrity in the conduct of our business. As part of that commitment, all employees are considered Access Persons under our Code of Ethics. An Access Person is someone who may have access to nonpublic information regarding Clients’ purchase or sale of securities. Upon joining employees are required to follow compliance procedures, which include the disclosure of personal investment accounts, the reportable holdings in those accounts and gain pre-clearance on personal trades including family members living within the same household.

Why SLC Management?

• Opportunity to work for a growing global institutional asset manager
• Excellent benefits and wellness programs to support the three pillars of your well-being – mental, physical and financial – including generous vacation and sick time, market-leading maternity, parental and adoption leave top up program, a partially-paid sabbatical program and much more
• Pension, stock and savings programs with an employer-paid match to help build and enhance your future financial security
• A flexible hybrid work environment with a friendly, caring, collaborative and inclusive culture focused on career growth development #WeWinAsATeam
• The opportunity to move along a variety of career paths with amazing networking potential
• Award winning workplace culture – Great Place to Work® Certified in Canada and the U.S., 2021 “Best Places to Work” by Glassdoor, Award for Excellence for Mental Health at Work – 2021, “Best Places to Work in Money Management” by Pension & Investments

SLC Management is a regulated business, and this means that there are certain financial reporting and trading preclearance requirements for all employees. Successful candidates will be required to declare personal investment accounts and securities investments as well as seek preclearance on future transactions including those of household members.

Job Category: Finance

Salary Range 74,100/74 100 – 120,800/120 800

The Base Pay range is for the primary location of the job. It may vary depending on the work location of the successful candidate or other factors. In addition to Base Pay, eligible employees participate in various incentive plans, payment under which is discretionary and subject to individual and company performance. Certain sales focused roles have sales incentive plans based on individual or group sales results.

We are committed to fostering a diverse, equitable and inclusive environment, where all employees feel valued, respected, and supported. We are dedicated to building a diverse workforce offering wide perspectives and creative ideas that benefit our clients, teams and the communities where we operate. We welcome applications from qualified individuals from all backgrounds.

Persons with disabilities who need accommodation in the application process or those needing job postings in an alternative format may e-mail a request to

We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.

Company: Sun Life Financial

Expected salary: $74100 – 120800 per year

Location: Toronto, ON

Job date: Sun, 30 Oct 2022 06:53:55 GMT

Job Source: Careerjet.ca

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