Capital Administration Specialist

4 weeks ago

Toronto, Ontario, Canada TORONTO HYDRO Full time

As a key member of the Toronto Hydro team, the Capital Administration Specialist will play a critical role in leading the administration of internal and external financial and contractual transactions. This includes managing transactions from project inception to capitalization, ensuring timely and accurate financial reporting, and providing exceptional support to stakeholders.

Key Responsibilities:

  • Lead financial and contractual administration activities, ensuring compliance with regulatory requirements and company policies.
  • Administer the Capital, Reactive and Maintenance, Capital Contribution Process, ensuring financial transactions are received and allocated to projects.
  • Act as the RC Financial and contractual lead and liaison to stakeholder groups, including design & engineering, internal and external construction teams, program management, procurement, finance, legal, and standards & policy.
  • Develop event and probability forecasting for capital contributions in alignment with delivery scheduling.
  • Prepare reports on project/program status and outcomes, and administer monthly reporting, including project progress accruals, actual vs estimated variance analysis, and invoice receipting.
  • Proactively identify and flag at-risk areas based on analysis of data and KPIs.
  • Conduct periodic field visits for ongoing station projects.
  • Work closely with Program Management Consultant and Financial Analyst on transactional project requirements, status reporting, and event forecasting.
  • Support internal construction teams with material tools and PPE orders.
  • Support asset recognition and de-recognition close-out process.
  • Responsible for the development and improvement of databases and processes in support of project and regulatory requirements and ongoing productivity improvement initiatives.
  • Participate in process improvement initiatives and process mapping activities in support of departmental continuous improvement programs.

Requirements:

  • Bachelor's degree in Business Administration, Commerce, or related field from an accredited University.
  • Three to five (3-5) years of experience in finance or project management.
  • Class G license preferred.
  • Two (2) or more years of experience in construction project management preferred.
  • Knowledge of SAP preferred.
  • Project Management Professional (PMP) designation preferred.
  • Demonstrates strong financial acumen.
  • Experience with financial forecasting, budgeting, and reporting.
  • Advanced Excel skills and experience with Microsoft Office applications, including PowerPoint and Word.
  • 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 ability to solve problems independently.
  • Detailed Oriented – ensures work is completed with minimal errors.

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