Manager, Corporate Financial Planning

At Hydro Ottawa, we empower the lives of the people in the communities we serve.

As the electricity distributor to the Nation’s Capital, our work powers the essential activities that make up our lives - at home, at work and at play. And as Ontario’s largest municipally-owned producer of green power, we are leading the way to a greener tomorrow.

We are seeking a Manager, Corporate Financial Planning and Analysis, a change champion and innovative leader ready to embrace the opportunity to guide and mentor others, and enable them to do their best work. And in doing so, to leave a legacy.

Are you ready to make a difference in our community?

JOB SUMMARY

The Manager, Corporate Financial Planning and Analysis is a key leader in the Finance Division, leading a team of finance professionals that provide financial support across Hydro Ottawa and drives the optimization of financial processes and contributes to the long-term financial planning of the business.

The Manager, Corporate Financial Planning and Analysis is responsible for the management of the annual budget and forecast processes, preparing electricity rate submissions, preparing and presenting monthly and quarterly financial reports and analysis to senior management, and providing strategic financial advice.

MAJOR RESPONSIBILITIES- Lead the enterprise budget process, ensuring alignment with strategic goals.- Prepare detailed budget directions for review and approval by the Executive Management Team, communicating the budget planning process across all management levels.- Prepare monthly financial reports, ensuring that assumptions and variance explanations are based on sound data and aligned with operational goals.- Manage both operating and capital forecasts, including methodology, direction and reporting.- Analyze monthly financial information detailing assets, liabilities, revenues and expenses, and manage the initiation of correcting entries where appropriate.- Analyze pertinent financial information and provide recommendations and solutions for improvement to senior management.- Perform analysis as needed for long-term strategic planning of the enterprise.- Prepare quarterly financial presentations for the Audit Committee to inform business strategy and decision-making.- Prepare the Chief Financial Officer Division’s annual budget presentations for the Boards of Directors, ensuring clarity and strategic alignment.- Act as super user representative for the financial modules of the Enterprise Business System- Develop and deliver recommendations on revenue recognition practices and capital allocation to ensure compliance, optimize financial outcomes, and support organizational growth objectives.- Enhance corporate performance by analyzing and optimizing financial processes to improve efficiency, reduce costs, and support strategic decision-making.- Coordinate preparation of the financial reports and supporting documentation for the annual financial audit, ensuring compliance with all regulatory requirements.- Manage a team of professional finance staff responsible for supporting all business lines.- Ensure adherence to company policies and procedures, and provide guidance on financial best practices across the business.- As a key member of the Financial Management Team, contribute to the strategic planning of all companies.- Perform ad-hoc analyses to provide senior management with actionable financial insights, recommendations, and solutions.- Performs other related duties as required.

EDUCATION AND EXPERIENCE- Post-secondary education in a related field- Professional accounting designation (CPA)- Minimum 5 years experience in financial reporting and analysis, preferably in a regulated environment including supervisory/leadership experience- Thorough knowledge of corporate financial procedures and International Financial Reporting Standards (IFRS)- Extensive knowledge of corporate accounting, financial operations and cost management and cost management- Experience working with an Enterprise Resource Planning software (experience with JD Edwards considered an asset)- Strong computer skills; proficient in the use of office productivity and collaboration tools, preferably Google Workspace- English essential, both oral and written; Bilingual (French/English) considered an asset.

This is a management group opportunity and salary will be commensurate with qualifications.

Location:
Ottawa, ON

Pay Range Minimum:
$107,281.34

Pay Range Maximum:
$160,980.62

This position is eligible for variable pay

Posting End Date (if applicable):
February 7, 2025

Applicants must be legally entitled to work in Canada.