April 28, 2024
Electric Energy Jobs

Senior Financial Analyst (Treasury), Contract

Organization:
Toronto Hydro Corporation
Region:
Canada, Ontario, Toronto
End of contest:
May 25, 2024
Type:
Full time
Category:
Financial analyst
Description

The Senior Financial Analyst (SFA), Contract provides accurate and timely financial analysis, insights and advice related to business modeling and capital structuring options, data forecasting/ market validation of new project initiatives, and competitive analysis /benchmarking of industry peers. Acting as a strong business partner and team lead, the Senior Financial Analyst contributes to the overall success of the organization by driving effective results; change management and continuous improvement.  

Toronto Hydro has implemented a mandatory vaccination requirement for all its employees. Proof of full vaccination will be required upon receiving a conditional offer of employment.  Toronto Hydro will provide reasonable accommodation to individuals who cannot be vaccinated due to disability or any other ground protected by the Ontario Human Rights Code.

KEY RESPONSIBILITIES:

  • Performs research to fully understand new business initiatives, seeks information about underlying needs/issues, beyond those initially expressed.
  •  Discusses financial performance in terms of key value drivers of the business initiatives and clearly communicates the analysis behind the numbers.
  • Identifies new/creative approaches to addressing critical client issues and providing top-notch client service. Recommends most viable business solutions to management for approval.
  •  Provides support and recommendations in the area of financial structuring, liaising as the primary financial contact for assigned Business Unit(s).
  • Conducts financial and treasury activities including financial structuring, forecasting, budgeting, and business planning and analysis for internal and external review, and due diligence.
  •  Prepares high risk, complex, and non-routine business analysis where there is no internal precedent.
  • Provides reliable financial information, analysis and operational support related to electricity regulatory filings, tax provision reporting requirements and other internal management reporting requirements.
  • Addresses financial, operational and regulatory issues under a framework to further internal review and approval of activities.
  • Supports external third-party lenders, and agencies with any compliance metrics, and terms and conditions relating to agreements that need to be in place for new initiatives.
  •  Improves productivity in processes, which may include re-engineering current processes and finding automation and efficiencies through the use of IT tools.
  •  Implements risk management and internal controls, including assessment and monitoring whether internal controls in place are adequately designed and operating effectively.
  • Tracks and monitors progress of key projects and initiatives to facilitate company-wide accountability.
  • Leads meetings/initiatives with business units and cross functional teams; influences others with respect to obtaining required inputs, timelines and achieving desired outcomes.
  • Performs ad hoc Treasury and insurance analysis, special projects and initiatives as needed.

REQUIREMENTS:

  • Bachelor/ Undergraduate degree in Commerce, Business Administration, or related field from an accredited school.
  • Five (5) or more progressive years of financial analysis experience.
  • Chartered Professional Accountant (CPA) and/or Chartered Financial Analyst (CFA) Designation in Ontario.
  • Experience in business development or project structuring initiatives.
  • Knowledge related to climate change project initiatives, sustainability link structures, and /or Environmental, Social, and Governance (ESG) mandates.
  • Demonstrated ability to create models for project specific initiatives including P&L, Balance Sheet and Cash flow statements.  Comfortable with accounting/finance principles discounted cash flows, net present value and/or other comparative means of determining the value of business investments.
  • Working experience with modelling systems, data analysis and reporting tools; database/data management concepts, specifically as it relates to Business Intelligence or competitive analysis.
  • Advanced Excel skills and experience with Microsoft Office applications, including PowerPoint and Word.
  • Results oriented, adaptable and resourceful leader with a desire to drive continuous improvement.
  • Ability to analyze large amounts of data for financial modeling and summarize effectively to help drive scenario analysis, risk assessments, and capital structure decision making.
  • Excellent written and verbal communication skills and demonstrated ability to effectively communicate with stakeholders at all levels of the organization.
  • Strong analytical and problem-solving skills; detail oriented.
  • Strong stakeholder engagement and project management skills.
  • Strong organizational and time management skills, with the ability to multi-task and meet deadlines.
  • Financial forecasting, budgeting, and reporting expertise.
  • Critical thinker and self-starter.
  • Sound judgement and ability to handle matters of a sensitive nature.
  • Strong influencing and negotiating skills, experience with coaching and mentoring others.
Read the full posting.

Contact

Toronto Hydro Corporation

14 Carlton Street

Toronto

Ontario Canada

www.torontohydro.com/