Advisor Financial Planning and Analysis

Independent Electricity System Operator

1d • Hybrid

About The Position

The IESO is committed to ensuring Ontario’s electricity system meets the province’s needs today and into the future. The Advisor Financial Planning and Analysis will manage the financial planning and analysis processes to optimize the achievement of organization’s planned initiatives. This role will deliver accurate and timely financial reporting including: monthly, quarterly and annual reports as well as special purpose reports (e.g. Board of Directors, Province of Ontario). The Advisor Financial Planning & Analysis will lead activities in the following areas: business planning, spending decision support, financial evaluation/analysis, operational evaluation/analysis, benchmarking and best practice implementation. This is a unionized position that falls within the Corporate Services Business Unit.

Requirements

• Accounting designation or near completion
• Prior experience in making improvements to standardize, and simplify budgeting and forecasting processes
• Demonstrated success in organizing and delivering cross-functional projects with well-defined outcomes and adherence to timelines
• Excellent work flow, process and process improvement skills
• Excellent interpersonal skills - ability to work productively with team members, peers, and stakeholders.
• Ability to ask critical strategic questions, and challenge basic assumptions
• Ability to effectively adjust to the audience and convey messaging with clarity
• Strong working knowledge of Ontario’s electricity market and familiarity with Market Rules for the Ontario Electricity Market is a plus
• Excellent knowledge of Microsoft Office suite of products
• Strong verbal and written communication skills
• Innovative problem-solving abilities; self-motivated to achieve continuous improvement
• Able to interact effectively with personnel at all levels of the organization
• 4 years of university training
• 6-8 years of experience

Nice To Haves

• Familiarity with Market Rules for the Ontario Electricity Market

Responsibilities

• Develops strategic partnership with business units to manage financial planning and analysis processes.
• Respond to strategic planning requests to support various initiatives unique to business units.
• Lead the development of budgets and forecasts through engagement of internal business stakeholders, exercising a challenge role to manage and review operating and capital budgets.
• Manage business planning process, including development of plans to ensure deliverables are achieved according to pre-built expectations.
• Provide regular status reporting to Management.
• Develop and provide strategic communications tailored to various levels of stakeholders to ensure they are meaningfully engaged in the business planning and analysis process.
• Work with cross-divisional groups in support of the business planning and resourcing process to ensure alignment, and providing regular updates as required.
• Ensure accurate and timely financial reporting including: monthly, quarterly and annual reports, special purpose reports (e.g. Board of Directors, and Province of Ontario) as well as ad hoc requests.
• Ensure accurate analysis and results in support of Management and Executive Leadership Team (ELT) reporting.
• Collaborate with the Project Management Office to develop capital budget and forecasts.
• Ensure accurate and timely capital reporting, including variance analysis.
• Review capital business cases to ensure budget is available, as required.
• Collaborate with Finance and Accounting team to ensure alignment of management and statutory reporting, ensuring that costs, revenues and other financial data are properly reflected and that various transactions (e.g., accruals) have been prepares as appropriate.
• Provide Management and ELT member with assistance, advice, guidance and well-supported recommendations for the achievement of planned objectives while effectively managing resources and expenses.
• Ensure appropriate reporting is in place to effectively track activities ensuring stakeholders are aware of status and progress.
• Identify risks, provide advice and guidance in proactively recommending course-corrections to ensure achievement of initiatives.
• Develop, assess, and participate in establishing sound financial planning concepts, practices, and standards to ensure financial integrity and effectiveness.
• Support the Senior Manager, FP&A in the establishment of new strategies, policies, standards, procedures, communication vehicles, and management systems.
• Continually assess, evaluate, and effect change with the objective of enhancing the quality and effectiveness of financial processes, information systems and models for business planning, budgeting, reporting, and executive level information.
• Ensure the accuracy, quality, and timeliness of work are appropriate for all business-related matters.
• Provide recommendations to the Senior Manager, FP&A on business-related matters within, and external to, the business, as necessary.
• Formulate high-level customer relationships to optimize the achievement of financial planning and analysis initiatives.
• Provide expertise in support of financial aspects of regulatory filings, external reporting and strategy.
• And other duties or responsibilities as may be assigned.

Benefits

• Best-in-class benefits
• Long-term support in the form of a defined benefit pension plan
• Dynamic learning and development opportunities—including job rotations to broaden your expertise

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 501-1,000 employees