Financial Analyst

7 months ago

London, Canada London Hydro Inc. Full time

Reporting to the Director of Finance, or designate, and as a member of the Accounting Group, you’ll perform various financial and statistical analyses, as well as accounting, and general ledger reconciliations. Leveraging your progressive accounting, auditing and financial analysis experience, you’ll also assist with the budgeting process, the monitoring of actual results to budget, and external audits.

**JOB DUTIES**
More specifically, as a **Financial Analyst** within the Accounting Group, you will:

- Monitor operating and balance sheet activities to ensure compliance under IFRS accounting standards while also accommodating internal financial reporting requirements.
- Complete various general ledger reconciliations and journal entries.
- Review cost centre operating activities and obtain explanations for variances between budget and actual spending.
- Monitor and analyze cost centre labour activities including variance analysis and explanations.
- Review and analysis of year over year actual operating results and updating of narratives to explain changes.
- Assist with monitoring of corporate activities to pursue betterments in internal systems and controls.
- Assist in the completion of monthly and year-end financial reporting as well as year-end process, including completion of working papers and external auditor inquiries.
- Reconciliations, remittances and annual reporting in connection with various remittances such as T4s, T5s, T4As, EHT, WSIB, OMERS and HST.
- Assist in the development of operating budgets including performing analyses and projections, summarizing significant year over year changes and providing explanations.
- Adhere to all Occupational Health and Safety Act rules and regulations, the IHSA's Electrical Utility Safety Rules, London Hydro safe work practices and procedures, and all components of London Hydro's health and safety program.

**ESSENTIAL QUALIFICATIONS**
The qualified Financial Analyst we seek must be able to meet the following requirements:

- You have completed a recognized CPA accounting program (CA/CMA/CGA) or are currently enrolled in the final level of the program.
- You are proficient in utilizing an ERP system as well as Excel and Word.
- You bring five (5) years of accounting and financial analysis experience.

**Salary range**:$74,000 to $105,000 per annum

London Hydro offers a comprehensive compensation package which includes both financial and non-financial benefits designed to support your overall well-being. Here’s what you can expect:

- Competitive Salary
- Comprehensive Benefits Package
- OMERS Pension Plan
- Competitive Vacation days with credit for professional experience (e.g., utility experience)
- Paid Family Responsibility Leave
- Maternity and Parental Top-up Leaves
- Paid Time Off for Medical and Dental appointments
- Professional Development Opportunities
- Training & Development and Mentorship Programs
- Engagement and Recognition Programs
- Wellness Program Membership
- Employee and Family Assistance Program
- On-site Fitness Centre
- On-site Cafeteria

**About London Hydro**
For over a century, **London Hydro** has been providing safe, affordable and reliable electricity to a diverse customer base. We are one of the area’s larger employers, with a highly skilled and motivated team of people across many different occupations. Through this dedicated team and an extensive network of overhead and underground power lines, we power over 166,000 homes and businesses, and continue to improve the way people live and work.

See our website for information about London Hydro and Sustainability / ESG.

**For more information, and to apply**:

- London Hydro is committed to fostering a corporate culture and climate that values and supports a diverse, equitable and inclusive organization. We know that our employees are our greatest strength, and that we will achieve our goals through the innovation, integrity, and agility of a diverse, engaged and talented workforce. London Hydro is an equal opportunity employer. _
- Accommodation is available under the Human Rights Code and the Accessibility for Ontarians with Disabilities Act. _
- In accordance with Canadian immigration requirements, this advertisement is directed to applicants who are authorized to work in Canada._

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