Contract, Senior Financial Analyst (External Reporting) - 15 months

Expected Salary Range: $100943 - $126179 Annually

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. For positions covered by a collective agreement, placement within the range will follow the applicable step or classification.

The Contract, Senior Financial Analyst (SFA - 15 months) role provides accurate and timely financial analysis, insights and advice related to financial and business planning, forecasting and reporting. Acting as a strong senior business partner, the Contract, Senior Financial Analyst contributes to the overall success of the organization by driving effective results; change management and continuous improvement.

This posting is for a potential vacancy.

KEY RESPONSIBILITIES:

• Preparation and review of inputs into the consolidated financial statement note disclosures on a quarterly basis
• Provides guidance on appropriate accounting treatment for complex accounting transactions and emerging accounting issues, including detailed documentation of accounting analysis and recommendation.
• Performs research to fully understand the business issues, seeks information about client's underlying needs, beyond those initially expressed.
• Develops a comprehensive process to review contracts and new business transactions in a timely manner, involving cross functional teams and other business units.
• Discusses financial performance in terms of key value drivers of the business and clearly communicates the analysis behind the numbers.
• Remains current and compliant with emerging IFRS and Accounting Procedures Handbook (APH) accounting and disclosure requirements and implementation of those accounting standard changes.
• Prepares high risk, complex, and non-routine journal entries where there is no internal precedent. First pass review of financial activities prepared by Financial Analysts and students.
• Provides reliable financial information, analysis and operational support related to electricity regulatory filings, tax provision reporting requirements and other internal management reporting requirements.
• Implements accounting, organizational and regulatory policies and the associated internal control activities, including supporting external auditors.
• Improves productivity in processes, which may include re-engineering current processes and finding automation and efficiencies through the use of IT tools.
• Implements risk management and internal controls, including assessment and monitoring whether internal controls in place are adequately designed and operating effectively.
• Tracks and monitors progress of key projects and initiatives to facilitate company-wide accountability.
• Leads meetings/initiatives with business units and cross functional teams; influences others with respect to obtaining required inputs, timelines and achieving desired outcomes.
• Performs ad hoc analysis, special projects and initiatives as needed.

REQUIREMENTS:

• Undergraduate degree in Commerce, Business Administration or related field.
• Chartered Professional Accountant (CPA) Designation in Canada is required
• Five (5) or more years of progressive financial analysis experience.
• Experience working in a regulated environment preferred.
• Demonstrated understanding and application of complex accounting principles; International Financial Reporting Standards (IFRS).
• Working experience with ERP systems, data analysis and reporting tools; database/data management concepts, specifically as it relates to SAP financial systems and Business Intelligence.
• Advanced Excel skills and experience with Microsoft Office applications, including PowerPoint and Word.
• Experience with Workiva preferred.
• Results oriented, adaptable and resourceful leader with a desire to drive continuous improvement.
• Ability to analyze large amounts of data and summarize effectively to help drive decision making.
• Excellent written and verbal communication skills and demonstrated ability to effectively communicate with stakeholders at all levels of the organization.
• Strong analytical and problem-solving skills; detail oriented.
• Strong stakeholder engagement and project management skills.
• Strong organizational and time management skills, with the ability to multi-task and meet deadlines.
• Financial forecasting, budgeting, and reporting expertise.
• Critical thinker and self-starter.
• Sound judgement and ability to handle matters of a sensitive nature.
• Strong influencing and negotiating skills, experience with coaching and mentoring others.

#lihybrid

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 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.