Senior Financial Analyst

Company:Toronto Hydro

Reporting to the Manager, Finance Management Reporting; the Senior Financial Analyst, contributes to the overall success of the organization by effectively executing accounting, budgeting and financial reporting responsibilities.

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 the area of financial policy, liaising as the primary financial contact for assigned business unit(s) and/or supporting business units with core back-office financial responsibilities.
• Improve productivity in Operational and Finance processes which may include re-engineering current processes and finding automation and efficiencies through the 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 analysis 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.

Toronto Hydro has introduced a Hybrid Work Arrangement. This position allows for remote work up to three days per week, based on business needs.Employees will be required to come onsite on those days when they are involved in activities that they or their leader feel are better conducted in person. You are expected to live in Ontario and within reasonable commuting distance of the office.