Contract, Financial Analyst (20 months)

WORK ILLUSTRATION:

Responsible for contributing to the overall success of the organization by effectively executing accounting, budgeting, and reporting responsibilities; and providing value-added financial activities.

The incumbent is expected to behave ethically and follow the established code of business conduct, policies and internal control procedures, laws and regulations governing Toronto Hydro. 

KEY RESPONSIBILITIES:     

• Provide timely and accurate month-end support, including journal entries (e.g. accruals, allocations, etc.) and account reconciliations.
• Prepare monthly, quarterly, and annual schedules and reports, variance analysis on operating expenditures, other income, and other supporting schedules for management and external financial reporting.
• Provide 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 the assigned business unit(s), and/or supporting business units with core back-office financial responsibilities.
• Provide timely support and inputs in the forecasting and budgeting process through analysis of results and collection of inputs from the assigned business unit(s).
• Implements risk management and internal controls, including assessment and monitoring of internal controls. Verifies controls in place are adequately designed and operating effectively and in compliance with accounting, organizational and regulatory policies.
• Provide support in various ad-hoc projects and tasks as needed.

REQUIREMENTS:       

• Three (3) or more years of professional financial analysis experience.
• Bachelor’s degree in Accounting, Business Administration, Finance, or a related field.
• Working towards Chartered Professional Accounting (CPA) designation in Canada or actively pursuing (preference will be given to candidates who have successfully passed the Common Final Exam (CFE).
• Solid understanding of accounting standards/policy, and International Financial Reporting Standards (IFRS) related to capitalization.
• Advanced Excel skills and experience with Microsoft Office applications, including PowerPoint and Word.
• Working experience with complex ERP systems (SAP preferred), data analysis and reporting tools; demonstrated ability to work with large volumes of data.
• Detailed-oriented and demonstrates strong business acumen.
• Excellent analytical, organization, and planning skills.
• Excellent written and verbal communication skills and demonstrated ability to effectively communicate with people at all levels of the organization.
• Demonstrates customer focus and ability to build strong relationships across the business.
• Able to accept uncertainty as a part of change and proposes process improvements. 
• Able to decipher needs of the organization and problem-solve difficult situations; finds innovative solutions.
• Approaches work with a positive attitude, works diligently to meet goals and initiates activities to improve team performance and results.
• Maintains confidentiality over sensitive information.

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. #LI-Hybrid

Thank you for considering a career with Toronto Hydro. We welcome applications from all qualified candidates. If you’re having difficulty using our online application system and require accommodation, please email hr_talent@torontohydro.com or call (416) 542-8000. 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.