Analyst Finance Senior

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 candidate’s experience, education, training, and alignment with the role’s requirements. The Senior Financial Analyst (SFA) performs core financial activities to support the business goals of the organization, contributing to the overall success of the organization by effectively executing responsibilities and providing value added activities to meet the finance and Operational team objectives for Toronto Hydro-Electric System Limited (“THESL” or the “organization”).

This position will be responsible for the implementation and monitoring of the processes, standards, and tools to ensure the delivery of timely, accurate and quality capital related plan and actual financial information for the organization. The incumbent works with internal stakeholders to facilitate the processes of business planning, capitalization, derecognition, month-end close and reporting and to support operational business decision-making as it relates to the capital program and in-service additions.

Lead cross functional teams to gather relevant case facts, perform research, provide recommendations on accounting treatment, as well as develop detailed implementation plans and monitoring controls.

• Coordinate month end close, quarter end and year end activities for Property, Plant and Equipment and Intangible Assets. Perform first pass review of routine financial activities to ensure accuracy, completeness and compliance with Internal Controls over Financial Reporting.
• Assist with quarterly audits and annual tax requirements, as well as other externally required reports.
• Work with internal operational stakeholders to seek improvements and efficiencies in Operational and Finance processes (month end, in-service additions, forecasting, etc). Identify new/creative approaches to addressing critical client issues and providing top-notch client service, while operating in an independent manner.

University degree in Finance, Accounting, Business Administration, or related field.

• Five (5) or more years of progressive financial analysis experience
• Knowledge of accounting standards/policy under (International Financial Reporting Standards) IFRS; Working experience with complex (Enterprise Resource Planning) ERP systems, data analysis and reporting tools. Database/data management concepts specifically as it relates to (Systems Applications and Products) SAP financial systems.
• Demonstrated project planning, documentation and reporting skills.
• Advanced Excel skills and experience with Microsoft Office applications, including PowerPoint and Word.
• Strong influencing and negotiating skills, experience with coaching and mentoring others

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
• This position is based in a hybrid environment allowing for remote work two days per week, based on business needs. 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. Toronto Hydro is committed to fostering an inclusive and accessible recruitment process. Thank you for considering a career with Toronto Hydro. If you’re having difficulty using our online application system and require accommodation, please email Montrer un mail Hydro is pleased to provide reasonable accommodation for qualified individuals throughout the job application process. Job Segment: ERP, Financial Analyst, Technical Support, Data Analyst, Financial, Technology, Finance, Data