Advisor Financial Planning
3 days ago
INDEPENDENT ELECTRICITY SYSTEM OPERATOR (IESO)
**Requisition ID**:
18262
**Location**:
Clarkson or Adelaide
**Temporary Assignment**:
Regular
**Business Unit**:
Corporate Services
Why join us?
You’ve got great skills. And you want to use them in an organization where you know what you do every day matters. We get that.
We also know that ensuring Ontarians have access to affordable and reliable power doesn’t happen by accident. So we give you the tools, flexibility and support you need to achieve your goals, and development opportunities to help you grow. You’ll thrive in a collaborative, team-based environment that values your unique skills and experiences - and recognizes that when you do better, we become even better too.
Who we are
The Independent Electricity System Operator (IESO) works at the centre of the province’s power system, ensuring Ontarians have access to reliable and cost-effective electricity when and where they need it. We operate the province’s electricity grid 24/7, design, run and oversee the wholesale electricity markets, and plan and prepare to meet Ontario’s electricity needs - now and into the future.
The opportunity
The Advisor, Financial Planning & Analysis will manage the financial planning and analysis processes to optimize the achievement of organization’s planned initiatives.
**Deliver accurate and timely financial reporting including**: monthly, quarterly and annual reports as well as special purpose reports (e.g. Board of Directors, Province of Ontario).
**Lead activities in the following areas**: business planning, spending decision support, financial aspects of regulatory filings, financial strategy, financial evaluation/analysis, operational evaluation/analysis, management process development, benchmarking and best practice implementation.
Support the Manager, Financial Resource Planning and Analysis (FRP&A) in the establishment of new strategies, policies, standards, procedures, communication vehicles, and management systems.
Develop, assess, and participate in establishing sound financial planning concepts, practices, and standards to ensure financial integrity and effectiveness.
Continually assess, evaluate, and effect change with the objective of enhancing the quality and effectiveness of financial processes, information systems and models for business planning, budgeting, reporting, and executive level information.
What you'll do
Reporting to Manager, Financial Resource Planning & Analysis (FRP&A), the Manager, Financial Planning and Analysis key accountabilities are:
Develops strategic partnership with business units to manage financial planning and analysis processes. Respond to strategic planning requests to support various initiatives unique to business units.
Lead the development of annual budgets and forecasts through engagement of internal business stakeholders - manage and review operating and capital budgets
Manage business planning process, including development of project plan, to ensure deliverables are achieved according to pre-built expectations. Provide regular status reporting to Management, ELT and Audit Committee of the Board.
Develop strategic communications for various audiences (e.g., Province of Ontario, IESO Stakeholder Advisory Committee) to ensure key stakeholders are meaningfully engaged in the business planning process.
Lead cross-divisional working group in support of the business planning process to ensure cross-divisional alignment, providing regular updates as required.
**Ensure accurate and timely financial reporting including**: monthly, quarterly and annual reports, special purpose reports (e.g. Board of Directors, Audit Committee and Province of Ontario) as well as ad hoc requests. Ensure accurate analysis and results in support of Management and Executive Leadership Team (ELT) reporting.
Collaborate with the Project Management Office to develop capital budget and forecasts. Ensure accurate and timely capital reporting, including variance analysis. Review capital business cases to ensure budget is available, as required.
Ensure that costs, revenues, and other financial data are properly reflected and that various transactions (e.g. accruals) have been prepared as appropriate. Collaborate with Finance team to ensure alignment of management and statutory reporting.
Provide Management and ELT with assistance, advice, guidance and well-supported recommendations for the achievement of planned objectives while effectively managing resources and expenses.
Ensure appropriate reporting is in place to effectively track activities ensuring customers and clients are aware of status and progress. Identify risks, provide advice and guidance in proactively recommending course-corrections to ensure achievement of initiatives.
Develop, assess, and participate in establishing sound financial planning concepts, practices, and standards to ensure financial integrity and effectiveness. Support the Manager, FRP&A in the estab
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