Financial Analyst (Management Reporting)

Expected Salary Range : $80487 - $100609 Annually Target Variable Performance Pay: 8% 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, Finance Management Reporting; the Financial Analyst, contributes to the overall success of the organization by effectively executing accounting, budgeting and reporting responsibilities and providing value added financial activities. This posting is for an existing vacancy. KEY RESPONSIBILITIES: Provide timely and accurate month-end support, including journal entries (e.g. accruals, allocations, etc.) and account reconciliations Prepare monthly, quarterly and annual schedules and reports, variance analysis on operating expenditures, other income, and other supporting schedules for management and external financial reporting Provide 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 the area of financial policy, liaising as the primary financial contact for assigned business unit(s) and/or supporting business units with core back-office financial responsibilities Provide timely support and inputs in the forecasting and budgeting process through analysis of results and collection of inputs from the assigned business unit(s). 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 Provide support in various ad hoc projects and tasks as needed REQUIREMENTS: Three (3) or more years of progressive financial analysis experience Working towards Chartered Professional Accounting (CPA) designation in Canada (preference will be given to candidates who have completed their CPA designation) Bachelor’s degree in Accounting, Business Administration, Finance Solid understanding of accounting standards/policy, International Financial Reporting Standards (IFRS) related to capitalization Advanced Excel skills and experience with Microsoft Office applications, including PowerPoint and Word Working experience with complex ERP systems (SAP preferred), data analysis and reporting tools; demonstrated ability to work with large volumes of data Detailed 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 Champions change, productivity and Innovation: Accepts uncertainty as part of the needed change; willing to change the status quo; able to decipher needs of the organization and problem solve difficult situations; innovator problem solver Drives results and accountability: Approaches work with a positive (“can do”) attitude, works diligently to meet goals, and initiates activities to improve team performance and results. Excellent analytical, organization and planning skills Maintains confidentiality over sensitive information 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 [email protected] 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 . Job Segment: Financial Analyst, Compliance, Data Analyst, Risk Management, CPA, Finance, Legal, Data