Senior Financial Analyst

Posting Date:

Apr 24, 2026

Location:

Toronto, ON, CA

Expected Salary Range:

$100943 - $126179 Annually

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

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.

Key Responsibilities

Conduct financial accounting activities including monthly financial close and reporting, forecasting, budgeting, business planning and providing analysis to internal clients.

Prepare monthly, quarterly, and annual schedules and reports, variance analysis on operating expenditures and compensation, 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.

Provide reliable financial information, analysis and operational support related to electricity regulatory filings, tax provision reporting requirements and other internal management reporting requirements.

Provide 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.

Implement 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 planning and analysis and/or financial reporting experience.

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.

Detail 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.

Benefits To support the overall well‑being and success of our employees, Toronto Hydro provides a comprehensive total rewards package which includes:

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

Career development and tuition reimbursement

Exciting employee engagement and appreciation events throughout the year

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.

#J-18808-Ljbffr