Senior Financial Planning and Analysis Analyst

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. 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.

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.
• 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, executive‑level materials to support senior leadership decision‑making 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.

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.
• Understanding of the regulatory environment (Ontario Energy Board) is an asset.
• Demonstrated experience with project planning, documentation and reporting skills.
• Demonstrates customer focus and able to build strong relationships across the business.
• 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 Show email Hydro is pleased to provide reasonable accommodation for qualified individuals throughout the job application process. Compliance, Financial Analyst, Law, Financial, Engineer, Legal, Finance, Engineering