Mgr, Costing Accounting & Reporting

Hydro One Networks Inc • Toronto, ON

8d • CA$105,400 - CA$136,400 • Onsite

About The Position

Hydro One is the largest electricity transmission and distribution provider in Ontario, serving nearly 1.5 million customers. With roots dating back over 110 years, the company has evolved to meet changing customer and community needs. Currently, Hydro One is focused on providing exceptional customer service and building safe communities. This role is an exciting opportunity to join the team at Hydro One.

Requirements

• Partner with the Lines of Business to evaluate the impact of applicable industry changes, Government regulations and OEB requirements impacting the operations on the Company.

Responsibilities

• Supervise all direct report staff and appropriate Inergi staff and make effective recommendations to Director, Management Accounting & Reporting on pay, performance evaluations and disciplinary matters. Plan, organize, schedule and assign the work and check work assignments, providing instruction, advice and guidance as required.
• Partner with the Lines of Business to evaluate the impact of applicable industry changes, Government regulations and OEB requirements impacting operational accounting on the Company. Provide strategic direction and ensure appropriate implementation. Identify and raise any issues, together with recommendations, to senior management on a timely basis.
• Supervise and oversee the operational accounting, monthly close and reporting processes for transmission and distribution, including the timely and accurate issuance of appropriate management reports. This includes budget to actual, forecasting and year over year. Review results and significant issues with the Director, Management Accounting & Reporting and Corporate Controller on a proactive basis.
• Take a leadership role in managing the various external and internal audit processes, including OEFC, OPA, IESO, OEB, and external financial audits. Identify and resolve issues on a proactive basis, ensuring that the Company’s objectives are achieved. Review any issues with the Director, Management Accounting & Reporting on a timely basis and provide recommendations for resolution.
• Supervise and coordinate the Line of Business Operational Accounting forecast component of the confidential business planning process. Ensure all known issues are accounted for appropriately, including forecasting, rates, and Government pronouncements/regulations. Provide an oversight role for the operations forecast and the operations budgets. Coordinate the preparation of briefing notes and summaries for the Director, Management Accounting & Reporting and Controller as required.
• Monitor and provide an oversight role for the monthly Operations Committee process, accounts receivable, customer billing, and revenue processes. Ensure all financial, compliance, internal control and productivity objectives are achieved. Ensure applicable processes support certifications required under securities legislation.
• Monitor, research and communicate developments on operation and reporting work program issues, including regulatory developments. Ensure impacts to the current results, business plan and strategies are proactively developed and reviewed with senior management.
• Provide a leadership role for the provision of financial support to all Line of Business areas, including reporting, ad-hoc requests, and confidential business planning/budgeting. Ensure results and recommendations are effectively communicated to senior management.
• Interact with Senior Executives to ensure their financial support requirements are met. Provide leadership to Inergi staff in performing their confidential financial responsibilities to Senior Executives.
• Evaluate and implement strategies for streamlining and improving the timeliness, accuracy and transparency of the operational accounting and reporting, and Line of Business reporting processes.
• Support regulatory requirements, including witnessing, preparation of evidence, development of briefing material, responses to interrogatories and transcript undertakings and general hearing support.
• Ensure applicable outsourced services to Inergi are appropriately delivered and effectively manage the relationship with Inergi as it pertains to the LOB Management and support units. Ensure services provided under the statements of work are fully carried out; negotiate new services as required.

Benefits

• Hydro One provides an extensive offering of programs to promote a culture of safety, wellbeing, inclusivity, and sustainability to enable our employees to be the best version of themselves.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed