Senior Financial Analyst

Expected Salary Range
: $100,943 - $126,179 Annually

Target Variable Performance Pay: 10%

The salary range shown above reflects the expected compensation for this position. The final salary offered will be determined based on a holistic assessment of the candidate’s experience, education, training, and alignment with the role’s requirements. For positions covered by a collective agreement, placement within the range will follow the applicable step or classification.

The Senior Financial Analyst (SFA) performs core financial activities to support the business goals of the organization, contributing to the overall success of the organization by effectively executing responsibilities and providing value added activities to meet the finance and Operational team objectives for Toronto Hydro-Electric System Limited (“THESL” or the “organization”).

This position will be responsible for the implementation and monitoring of the processes, standards, and tools to ensure the delivery of timely, accurate and quality capital related plan and actual financial information for the organization. The incumbent works with internal stakeholders to facilitate the processes of business planning, capitalization, derecognition, month-end close and reporting and to support operational business decision‑making as it relates to the capital program and in‑service additions.

• Provide guidance with respect to treatment of various financial transactions (e.g. capital expense versus operating expense). Lead cross functional teams to gather relevant case facts, perform research, provide recommendations on accounting treatment, as well as develop detailed implementation plans and monitoring controls.
• Coordinate month end close, quarter end and year end activities for Property, Plant and Equipment and Intangible Assets. Perform first pass review of routine financial activities to ensure accuracy, completeness and compliance with Internal Controls over Financial Reporting.
• Assist with quarterly audits and annual tax requirements, as well as other externally required reports.
• Work with internal operational stakeholders to seek improvements and efficiencies in Operational and Finance processes (month end, in‑service additions, forecasting, etc). Effectively develop, implement, communicate and monitor changes to processes.
• Identify new/creative approaches to addressing critical client issues and providing top‑notch client service, while operating in an independent manner.

• University degree in Finance, Accounting, Business Administration, or related field.
• Fully designated Chartered Professional Accountant (CPA) in Canada.
• Five (5) or more years of progressive financial analysis experience
• Regulated business or energy sector experience preferred.
• Knowledge of accounting standards/policy under (International Financial Reporting Standards) IFRS; specifically related to capitalization and derecognition.
• Ability to interpret financial concepts and communicate them to non‑financial users.
• Working experience with complex (Enterprise Resource Planning) ERP systems, data analysis and reporting tools. Database/data management concepts specifically as it relates to (Systems Applications and Products) SAP financial systems.
• Financial forecasting, and reporting experience.
• Critical thinker and self‑starter
• Problem solving skills with ability to independently recommend solutions.
• Excellent written and verbal communication skills and demonstrated ability to effectively communicate with people at all levels of the organization.
• Demonstrated project planning, documentation and reporting skills.
• Advanced Excel skills and experience with Microsoft Office applications, including PowerPoint and Word.
• Ability to interpret and decipher operational reporting and statistics to enable decision making in a time sensitive and dynamic environment.
• Strong influencing and negotiating skills, experience with coaching and mentoring others

• 24/7 access to Employee & Family Assistance Program and Virtual Healthcare
• Company‑paid life insurance and long term disability
• Spending account to support fitness goals (e.g. gym memberships)
• Competitive paid…