Director, Corporate Accounting & External Reporting

The Director, Corporate Accounting & External Reporting is a pivotal finance leader at Toronto Hydro, responsible for shaping the organization's financial narrative and strengthening the trust that regulators, investors, the Board, and executive leadership place in our financial results.

Leading a high-performing team of finance professionals, this role sits at the intersection of strategy, governance, regulatory oversight, and business transformation. Beyond delivering best-in-class financial reporting, the Director serves as a trusted advisor on complex accounting matters, drives enterprise-wide improvements in financial processes and controls, and helps guide critical business decisions through financial insight and expertise.

This is a unique opportunity to influence the future of finance at one of Canada's largest municipal utilities—modernizing reporting capabilities, leading through an evolving regulatory landscape, and elevating the finance function's impact across the organization.

This posting is for an existing vacancy.

Key Responsibilities

• Lead the delivery of Toronto Hydro's external financial reporting, ensuring accurate, timely, and transparent reporting to shareholders, regulators, and other key stakeholders.
• Oversee the preparation of financial statements, regulatory filings, shareholder reporting, and other required disclosures.
• Serve as the organization's technical accounting expert, providing guidance on complex accounting matters, emerging standards, and significant business initiatives.
• Lead the development and oversight of accounting policies and reporting practices to ensure compliance and consistency across the organization.
• Oversee financial reporting governance, internal controls, and accounting policies that support the integrity and reliability of financial information.
• Drive continuous improvement in reporting processes, controls, and systems to enhance efficiency, compliance, and insight generation.
• Collaborate with leaders across Finance and the business to assess financial reporting impacts, support regulatory initiatives, and enable informed decision-making.
• Build strong relationships with auditors, regulators, and other key stakeholders to support successful reporting and audit outcomes.

Requirements

• Undergraduate degree in Accounting, Finance, Business, or a related discipline.
• CPA designation (Ontario or equivalent) is required.
• Ten (10) or more years of progressive experience in technical accounting, external reporting, audit, or related finance leadership roles.
• Significant experience within a regulated utility, public company, or other capital-intensive industry is strongly preferred.
• Master's degree in Accounting, Finance, Business Administration, or a related field is considered an asset.
• Proven experience leading and developing high-performing teams in a complex, evolving environment.
• Experience managing external audits, regulatory reporting, and financial reporting governance frameworks.
• Deep expertise in IFRS, external financial reporting, accounting policy, and financial controls.
• Strong understanding of public company reporting requirements, regulatory environments, and governance best practices.
• Ability to assess complex accounting issues and translate technical requirements into practical business solutions.
• Comfortable navigating complexity, balancing competing priorities, and leading through change.
• Strong business acumen, analytical thinking, and sound judgment.
• Exceptional communication, relationship-building, and stakeholder management skills, with the ability to influence at all levels of the organization.
• Experience leading change, driving continuous improvement, and leveraging technology to enhance reporting and finance capabilities.

TOTAL REWARDS

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
• 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.

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.

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