Contract Administration Analyst

5 months ago

Toronto, Canada Toronto Hydro Full time

Reporting to the Senior Manager, Grid Response, the Contract Administration analyst will lead the administration of internal/external driven financial and contractual transactions supporting program delivery and budgetary attainment.

**_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**:

- Lead financial and contractual administration activities accountable for managing transactions from project inception to capitalization on projects annually.
- Administers the Capital Contribution Process to ensure financial transactions are received and allocated to projects in accordance to executed Offer to Connect and Coordination Agreements.
- 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 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.
- Responsible for the development and improvement of databases and processes in support of project and regulatory requirements and ongoing productivity improvement initiatives

**REQUIREMENTS**:

- Bachelor’s degree in Finance, Business Administration, Commerce or related field from an accredited University
- Three to five (3-5) years of experience in finance, analytics and project coordination
- Class G license strongly preferred
- Familiarity with SAP enterprise modules is an asset
- Project Management Professional (PMP) designation is an asset.
- Demonstrates strong financial acumen.
- Experience with financial forecasting, budgeting, and reporting.
- 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 ensuring all work is completed with mínimal errors.
- Fosters open dialogue, builds relationships; collaboration with colleagues and stakeholders; seeks to understand problem before implementing a solution.
- Experienced in developing new and creative solutions to work problems.
- Excellent verbal and written communication skills with the ability to influence, gain support and commitment from others.

Toronto Hydro has introduced a Hybrid Work Arrangement. This position allows for remote work up to three days per week, based on business needs. Employees will be required to come onsite on those days when they are involved in activities that they or their leader feel are better conducted in person. You are expected to live in Ontario and within reasonable commuting distance of the office.

Li-Hybrid

**Job Segment**:Accounts Payable, Accounts Receivable, Financial Analyst, Contract Manager, Program Manager, Finance, Legal, Management

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