Senior Financial Analyst

Expected Salary Range: $100943 - $126179 Annually

Target Variable Performance Pay: 10%

The salary range shown above reflects the expected compensation for this position. The final salary offered will be determined based on a holistic assessment of the candidates experience education training and alignment with the roles requirements. For positions covered by a collective agreement placement within the range will follow the applicable step or classification.

Reporting to the Manager Financial Planning & Analysis; the Senior Financial Analyst contributes to the overall success of the organization by effectively executing budgeting accounting and financial reporting responsibilities.

This posting is for an existing vacancy.

KEY RESPONSIBILITIES:

• Conduct financial accounting activities including monthly financial close and reporting forecasting budgeting business planning and providing analysis to internal clients.
• Prepares monthly quarterly and annual schedules and reports variance analysis on operating expenditures other income and other supporting schedules for management and external financial reporting.
• Interact with cross functional teams and influence others with respect to obtaining required inputs making decisions and managing timelines.
• Provides reliable financial information analysis and operational support related to electricity regulatory filings tax provision reporting requirements and other internal management reporting requirements.
• Provides support and recommendations in financial policy liaising as the primary financial contact for assigned business unit(s) and/or supporting business units with core back-office financial responsibilities.
• Synthesize complex financial and operational information into clear executivelevel materials to support senior leadership decisionmaking and regulatory discussions.
• Improve productivity in Operational and Finance processes which may include re-engineering current processes and finding automation and efficiencies through use of available technology.
• Implements risk management and internal controls including assessment and monitoring whether internal controls in place are adequately designed and operating effectively and in compliance with accounting organizational and regulatory policies.

REQUIREMENTS:

• Five (5) or more years of progressive financial planning and analysis and/or financial reporting experience.
• Professional accounting designation Chartered Professional Accountant (CPA) in Canada required.
• Bachelor of Commerce Business Administration Finance or related field from an accredited school.
• Proven leadership experience of managing/mentoring small teams projects or initiatives.
• Solid understanding of accounting standards/policy (IFRS) related to fixed assets.
• Working experience with complex ERP systems (SAP preferred) data analysis and reporting tools; demonstrated ability to work with large volumes of data.
• Advanced Excel skills and experience with Microsoft Office applications including PowerPoint and Word.
• Experience in capital intensive environments or energy sector is preferred.
• Understanding of the regulatory environment (Ontario Energy Board) is an asset.
• Demonstrated experience with project planning documentation and reporting skills.
• Ability to interpret and decipher operational reporting and statistics to enable decision making in a time sensitive and dynamic environment.
• Detailed oriented and demonstrates strong business acumen.
• Excellent written and verbal communication skills and demonstrated ability to effectively communicate with people at all levels of the organization.
• Demonstrates customer focus and able to build strong relationships across the business.
• Maintains confidentiality over sensitive information.

TOTAL REWARDS

To support the overall well-being and success of our employees Toronto Hydro provides a comprehensive total rewards package which includes:

• 100% employer paid Health & Dental benefits
• 24/7 access to Employee & Family Assistance Program and Virtual Healthcare
• Company-paid life insurance and long term disability
• Spending account to support fitness goals (e.g. gym memberships)
• Competitive paid time off (including vacation and parental leave)
• Defined Benefits Pension Plan through OMERS
• Career development and tuition reimbursement
• Exciting employee engagement and appreciation events throughout the year

This position is based in a hybrid environment allowing for remote work two days per week based on business needs. Employees will be required to come onsite Tuesday to Thursday. You are expected to live in Ontario and within reasonable commuting distance of the office.

Toronto Hydro is committed to leveraging new technologies to support an efficient and inclusive recruitment process. As part of this artificial intelligence (AI) systems may be used to assist in screening assessing or selecting applicants for this position. These tools are used in combination with human decision-making to ensure fairness and consistency.

ACCESSIBILITY AND APPLICATION SUPPORT

Toronto Hydro is committed to fostering an inclusive and accessible recruitment process. Thank you for considering a career with Toronto Hydro. We welcome applications from all qualified candidates. If youre having difficulty using our online application system and require accommodation please email or call . Toronto Hydro is pleased to provide reasonable accommodation for qualified individuals throughout the job application process. Please note this email is for accommodation requests only. Resumes sent to this email address will not be considered. Learn more about our commitment to accessibility.