Financial Reporting Analyst

Elexicon Energy is the fourth largest municipally owned local hydro utility in Ontario servicing over 180,000 residential and business customers across the eastern part of the Greater Toronto Area including Pickering, Whitby, Ajax, Clarington, Belleville, Gravenhurst, Uxbridge, Port Hope, Scugog and Brock. We are the fastest growing public electric utility in the province, in an electrifying industry that is shaping the discourse across multiple sectors as Canada drives towards its commitment to achieving net-zero emissions by 2050. WHY JOIN OUR TEAM? At Elexicon Energy we believe in living and leading our values through our daily actions. Our people are passionate about what they do and are engaged in day-to-day operations, projects, and initiatives to support Our Why of empowering the communities we serve and helping customers create the possibilities that energize their future. This is an exciting time to join our growing team as we develop strategies and plans to support a new brand and vision for customer centricity and operational excellence The successful candidate will display a track record that mirrors Elexicon Energy’s values of safety, kinship, responsiveness, competence, and mindfulness; and will espouse our motto of “response-ability” in their approach to work. Reports to Manager, Financial Reporting & Controller and supports the financial reporting activities of the company. This position also assists in tax and tax audits, treasury and cash management. DUTIES & RESPONSIBILITIES Manages and executes on goal-oriented tasks and/or projects established by the Manager to achieve departmental objectives. Prepare, maintain and create financial statements and reports in Cognos Disclosure Management (CDM) and Microsoft Management Reporter (MR). Prepare financial statement variance analysis and commentary. Assists with the review and preparation of financial statements as well as complete, timely, and comprehensive monthly and yearly working paper files and analyses. Assists with preparation for external financial audit. Prepare ongoing reconciliations between IFRS and OEB reporting requirements. Prepare corporate tax returns, tax installment remittances, assist with tax audits and liaise with auditors on tax matters. Perform IFRS research and assist with developing accounting policies and procedures to comply with IFRS, tax requirements, and management reporting requirements. Prepare internal documentation and position papers to comply with IFRS, tax requirements, management reporting requirements and any OEB decisions or orders in the application of IFRS. Interpret accounting requirements as per new legislation and regulations and assist with ensuring compliance with accounting pronouncements. Review, assess and improve internal financial controls and reporting. Assists with the cash forecasting activities for the organization, including day to day cash balance management and cash forecasting. Assists with the preparation of distribution rate applications by providing financial information and variance analysis. Assists with preparing the Management Discussion and Analysis for the Annual Report. Prepares internal management reporting and Board reporting including financial statement commentary and other reports as required. Prepares and consolidates financial statements, including notes to the financial statements, in accordance with IFRS Accounting Standards. Prepare various financial analyses and reports, including but not limited to capital structure, financing, cash flow, tax, unregulated business and assets. Assist with ensuring compliance with Ontario Energy Board regulatory instruments inclusive of: (1) Accounting Procedures Handbook, (2) Uniform System Accounts, and (3) Reporting and Record Requirements. Attend to administrative matters as may be delegated by the manager and maintain confidentiality in all matters of a personal and sensitive nature. Assist with ad hoc analysis/reporting on various financial and non-financial data. Other duties as required may be considered part of these responsibilities. Elexicon Corporation Support including the following: Prepares internal management reporting and Board reporting including financial statement commentary and other reports as required. Prepares and consolidates financial statements, including notes to the financial statements, in accordance with IFRS Accounting Standards. Prepare various financial analyses and reports, including but not limited to capital structure, financing, cash flow, tax, unregulated business and assets. Assist with ensuring compliance with Ontario Energy Board regulatory instruments inclusive of: (1) Accounting Procedures Handbook, (2) Uniform System Accounts, and (3) Reporting and Record Requirements. WHAT YOU NEED TO BE SUCCESSFUL Ability to exercise independent judgment and perform all assigned duties with minimal supervision. Advanced Excel skills and proficient in other Microsoft Office Applications (Microsoft Word, PowerPoint, Outlook, etc.). Experience with support and implementation of financial information and reporting systems – preferably CDM, Microsoft Dynamics GP, MR, and Tier 1 ERP systems such as SAP. Excellent written and verbal communication skills. Experience with regulated business submissions in a utility environment is a definite asset. Advanced knowledge of the Ontario Energy Board Accounting Procedures Handbook for Electric Distribution Utilities is a definite asset. MINIMUM REQUIREMENTS University degree in Finance, Accounting, Business, or related field. Chartered Professional Accounting Designation (CPA). 5 years’ accounting and financial analysis experience. Application Deadline: November 28, 2025, at 11:59 pm Please note: Elexicon’s Vaccination Policy requires confirmation of full vaccination status as a condition of employment. Interested and qualified applicants are encouraged to visit our Elexicon Energy Career page and apply through the portal at https://elexiconenergy.com/careers. We thank you for taking the time to apply with Elexicon Energy. A successful candidate who meets the qualifications and experience for the position will be contacted for an interview. Please note that accommodations can be provided upon request via email at hr@elexiconenergy.com. OUR COMMITMENT TO DIVERSITY, INCLUSION, EQUITY, AND BELONGING Elexicon Energy embraces and celebrates our collective diversity. We are committed to fostering an inclusive, diverse and equitable workplace built on respect, support and collaboration. Elexicon Energy Inc. is an equal opportunity employer. We value an inclusive and supportive workplace which truly reflects the diversity of the communities we serve. We welcome all individuals to apply and do not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, disability, age, Indigenous/Métis status, or other legally protected status. In accordance with the Ontario Human Rights Code and Accessibility for Ontarians with Disabilities Act, 2005, accommodation is available upon request at any point during the recruitment process. If you require accommodation, please let us know and we will work to meet your needs. #J-18808-Ljbffr