Financial Analyst (Management Reporting)

Toronto Hydro•Toronto, ON

1d•CA$80,487 - CA$100,609•Hybrid

About The Position

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.

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

Nice To Haves

preference will be given to candidates who have completed their CPA designation

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