Associate Financial Analyst

3 weeks ago

Toronto, Canada Toronto Hydro Full time

Reporting to the Manager, Capital Accounting & Reporting; the Associate Financial Analyst contributes to the overall success of the organization by effectively executing accounting, forecasting, and reporting responsibilities and providing value-added financial activities. Providing support to assigned business units covering month-end close activities such as journal entries, account reconciliations, variance analysis, and monthly manager meetings, as well as ensuring accuracy through conducting timely analysis, investigation, and communication will be a key accountability for this role.

The Incumbent is expected to behave ethically and follow the established code of business conduct, policies, and internal control procedures, laws, and regulations governing Toronto Hydro.

**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**:

- Provide operational support to Business Units in navigating accounting rules, documentation requirements for internal controls, and financial impact assessment. This requires effectively communicating with both financial and non-financial counterparts, requiring superior communication skills.
- Understanding of projects and associated contracts to determine appropriate recovery of costs from third parties.
- 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.
- Process improvement, looking to improve controls around the capitalization projects, to improve accuracy and timeliness of recognition of capital assets while maintaining a high standard of documentation.
- Ad-hoc projects as assigned related to finance initiatives for planning, forecasting, and other activities.

**REQUIREMENTS**:

- One (1) to three (3) years of progressive financial analysis experience.
- Working towards Chartered Professional Accounting (CPA) designation in Canada.
- Bachelor’s degree in Accounting, Business Administration, Finance, or a related field.
- Working knowledge of Systems, Applications, and Products in Data Processing (SAP) and Business Intelligence (BI).
- Intermediate excel skills including Vlookups, Pivot Tables, etc.
- Experience using Microsoft Office Suite such as Word, PowerPoint, and Outlook.
- Ability to assess issues/process gaps and independently investigate and propose solutions/process improvements.
- Ability to communicate complex findings and ideas clearly and to a variety of audiences.
- Effective organization and planning skills.
- Demonstrated ability to work in a fast-paced changing environment with shifting responsibilities while retaining the ability to execute on task.
- Proven oral and written communication and presentation skills for a business environment.
- Collaborative with a demonstrated ability to build effective working relationships.
- Flexible and has the ability to shift direction quickly based on data analysis.
- Invests in building valuable relationships across the organization and externally to support the future of Toronto Hydro.
- Recognizes personal development and a strong organizational culture are integral components of an effective organization.
- Invests in innovation, continuous improvement, and productivity as essential drivers of long-term sustainability.
- Has a clear sense of corporate direction and expectations, and holds self and others accountable to achieve objectives.

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.

**Job Segment**:Financial Analyst, Risk Management, Business Process, Compliance, Data Analyst, Finance, Data, Legal, Management

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