Financial Analyst
2 days ago
Join us at InnPower as a Financial Analyst
**About Us**
Located at 7251 Yonge Street in Innisfil, InnPower is one of the fastest growing electrical utilities in Ontario, servicing the Town of Innisfil and South Barrie. We serve our community as the local hydro utility - looking after the distribution (“wires”) business - with approximately 20,000 customers, and a service territory of 292 square kilometers.
We’ve created an inclusive culture where employees are encouraged to share new ideas and opinions, and have their voices heard
**Our Mission**:To deliver the energy our communities depend on to grow and prosper, with a commitment to safety and reliability, and a passion for value-added services to our customers, employees, and shareholder.
**Our Vision**: To be one of Canada’s most innovative utilities, committed to boldly leading change, to create maximum value for our stakeholders.
**Our Values**:
- Health, Safety & Environmental (HSE) Stewardship
- Innovation & Sustainability
- Fiscal Prudence
- Fostering a Collaborative, Supportive & Respectful Culture
- Community Leadership & Presence
**Why work for InnPower?**
- We offer an excellent benefits package and pension program
- We’re growing - come join the excitement
- We are a flexible company that offers hybrid work
**The Opportunity**
InnPower is growing We're seeking a highly motivated Financial Analyst to join our team, with a specific focus on capital (self-constructed assets), the backbone of our utility operations. In this role, your core responsibility will be the meticulous tracking, analysis, and reporting of our extensive capital asset portfolio in accordance with IFRS and regulatory standards.
This role is perfect for a data-driven professional who possesses strong attention to detail and focused on providing internal clients a great service.
**Responsibilities include, but not limited to**:
- Preparation of monthly and quarterly financial statements for the InnPower Group of Companies in accordance with current IFRS and Regulatory Accounting standards.
- Supporting month-end and year-end activities, including assisting in the preparation of the year end audits and budgets.
- Analyze and develop financing plans for large scale capital projects.
- Ensure timely and accurate month-end closing procedures, including posting recurring journals, monthly account reconciliations, development charges, balance sheet reporting, etc., for routine and complex accounts in accordance with IFRS reporting standards.
- Assist in the ongoing development and documentation of the departmental policies and procedures.
- Preparation of reports/analysis for Regulatory, Operations, and Engineering as required.
- Other duties as assigned.
**Qualifications**:
- 3+ years of progressive financial experience, focused on financial analysis and reporting.
- Bachelor's degree in accounting, finance or related field required.
- Enrolled and currently pursuing CPA at an intermediate/senior level.
- Strong understanding of IFRS, Development Charges Act and Regulatory requirements.
- Advanced knowledge of Excel and Word
- Excellent analytical skills.
- Excellent communication and organizational skills.
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