Contract Administration Analyst - 18 Month Contract

Toronto Hydro•Toronto, ON

1d•CA$90,810 - CA$113,512•Hybrid

About The Position

The Contract Administration Analyst will lead the administration of internal/external driven financial and contractual transactions supporting all capital, reactive and maintenance, program delivery and budgetary attainment. This posting is for an existing vacancy. The role is based in a hybrid environment, allowing for remote work two days per week, based on business needs. Employees are required to come onsite Tuesday to Thursday. The candidate is 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.

Requirements

Bachelor’s degree in Business Administration, Commerce, Engineering, or related field from an accredited University
Three to five (3-5) years of experience in project and stakeholder management
Knowledge of SAP preferred
Demonstrates strong financial acumen
Experience with financial forecasting, budgeting, and reporting
Advanced Excel skills and experience with Microsoft Office applications, including PowerPoint and Word
Strong organizational skills and ability to prioritize effectively and meet deadlines
Excellent verbal and written communication skills
Adaptable and flexible, with the ability to work in a fast-paced environment
Demonstrated self-motivation, creativity, resourcefulness, and the ability to solve problems independently
Detailed Oriented – ensures work is completed with minimal errors
Builds strong relationships - fosters open dialogue, builds relationships; collaboration with colleagues and stakeholders; seeks to understand problem before implementing a solution
Champions change, productivity and innovation - experienced in developing new and creative solutions to work problems
Demonstrates customer focus - able to influence, gain support and commitment from others

Nice To Haves

Project Management Professional (PMP) designation is an asset

Responsibilities

Leads financial and contractual administration activities accountable for managing transactions from project inception to capitalization on projects annually
Administers the project closeout process ensuring financial transactions are received and allocated to projects
Act as the RC Financial and contractual lead and liaison to stakeholder groups including Program Management, Finance, Accounts Receivable/payable, Legal and Standards & Policy.
Develops event and probability forecasting for capital contributions, capital and demand billable budgets in in alignment with delivery scheduling
Administers monthly reporting including project progress accruals, actual vs estimated variance analysis and allocation of expenditures
Works closely with Program Management Consultant and Financial Analyst on transactional project requirements, status reporting and event forecasting.
Support asset recognition and de-recognition close out process.
Responsible for investigation and reconciliation of ‘demand billable’ for temporary customer services and construction work in progress (CWIP) for capital projects to ensure funds have been received and allocated to the correct work order on a monthly basis.
Cross reference material returns and credit allocation to projects during project close out process.
Responsible for the development and improvement of databases and processes in support of project and regulatory requirements and ongoing productivity improvement initiatives.