Alectra Utilities Looking for Temporary Manager, Finance and Investments at Vaughan, ON Full Time

The Opportunity
Job Posting Number:

2022-425 (TEMP)

Position:

Temporary Manager, Finance and Investments – 12 months

Location:

Vaughan (Cityview)(Hybrid: Remote/In-office)

Reports to:

Director, Financial Analysis and Investments

Business Unit:

*Energy Solutions
*

Division:

*Energy Solutions
*

Hours per Week:

35

Rate of Pay:

Commensurate with range and candidate’s experience

Number of Openings:

#1

Union:

No

Open:

December 14, 2022

Close:

December 22, 2022

Alectra is committed to putting our people first in providing a positive employee experience and a safe work environment. Our Hybrid Workplace policy allows for an effective balance for employees with the opportunity to work in a hybrid environment; a combination of Remote / In-office work based on operational requirements.
Position Purpose:
This position, reporting to the Director, Financial Analysis and Investments, plays a key role in formulating and executing strategies to grow Alectra’s competitive business. This role is responsible for managing the Business Analysts and accountable for the development of business cases to support strategic decision in relation to the expansion of existing business and the growth of new lines of business embarked by Alectra Energy Solutions & Services (ESS). This role oversees business activities in support of the commercialization and execution of business opportunities identified. This role is also responsible for managing the financial reporting, budgeting and shareholders dividend distribution for one to two business units.
Responsibilities:

• Manage the Business Analyst that is responsible for conducting energy market characterization assessment, competitive analysis, business opportunity evaluation for the development of business cases;
• Works collaboratively with Corporate Finance, Treasury and other key internal stakeholders to develop and enable financing strategies to support the continued growth of both current and future business;
• Responsible for the development of comprehensive flexible financial models to evaluate investment opportunities and financing proposals;
• Carries out geographical or sectorial analysis to evaluate growth opportunities;
• Facilitate business discussions, present economics and financial evaluation of business plans to Alectra Executive Committee, prospective alliances, partners and customers;
• Monitor energy policy changes and attend various advisory/consultation group meetings with the purpose of advancing Alectra’s goal on growing the non-regulated business;
• Present the implications and propose strategies on the development of new energy solutions to the executive management team;
• Support Business Development by attending business discussion meetings with prospective customers, preparing business proposals and making recommendations on sales contracts to ensure the adherence to established business rules and guidelines;
• Support the development of community energy initiatives and business model, as well as the commercialization of emerging technology pilots;
• Support Business Execution by participating working committee meetings with prospective business alliances on a weekly basis, as one of the core members from Alectra, evaluating vendor solutions, assisting the development of project execution plan and reviewing vendor contracts;
• Liaise with project managers and technical partners to prepare and respond to RFI and RFP in the active pursuit of business opportunities;
• Oversee and manage Business Analysts responsible for the financial reporting, budgeting and dividend distribution for one to two business units, ensuring Alectra Inc. and shareholders benefits are accurately accounted for;
• Accountable for the thorough review of the monthly, quarterly and annual financial reporting analysis, and overall review of the financial reporting package for reporting to the Executive Committee, CEO and the Board, for one to two business units;
• Responsible to develop 5-year budgets and annual financial forecast for one to two business units, and provide overall strategic support in order to assist the group in meeting annual financial targets;
• Participates in process improvement initiatives, ensuring process changes are appropriately implemented, documented and communicated;
• Provide leadership and team development through effective team meetings, coaching, training and mentoring staff to ensure that departmental key performance indicators and departmental objectives are met;
• Ensures compliance to legislative, regulatory and Health & Safety policies, procedures and standards;
• Performs other duties as assigned.

Education & Specialized Knowledge:

• Professional Accounting Designation and / or an MBA;
• Extensive knowledge of the energy and utility industries, including an in-depth understanding of customer load profiles analysis, rate structures and the current conservation, energy, and climate change policy;
• Extensive knowledge and experience in forecast / financial modelling;
• Proficiency in JDE and Reporting tools (e.g., Cognos, Insights, Windows);
• Advanced knowledge of Microsoft Excel and Access databas;
• Proficiency with MS Office applications.

Experience:

• Minimum 5 – 10 years’ supervisory experience;
• Experience in financial reporting, variance analysis, and audit is preferred;
• Utility industry, load forecast, business case development and presentation, and comprehensive financial modeling experience is required.

Skills/Abilities/Competencies:

• Ability to plan, prioritize and execute multiple projects and initiatives within established timelines;
• Solid problem-solving and analytical skills with strong results orientation and ability to deliver under tight deadline and pressure;
• Strong written and presentation skills, with the ability to explain intricate technical information in an organized and concise way;
• Ability to research and critically analyze complex information and evaluate the long-term impact and risks of decisions
• Ability to build and maintain collaborative working relationships with internal and external stakeholders;
• Strong management, including delegation, attention to detail, analysis, and the ability to influence others;
• Proven ability to work collaboratively and effectively with peers (and other staff in non-reporting relationship) in a team-based environment;
• Solid leadership skills, including strength in understanding, developing and motivating people towards the achievement of a common set of goals;
• Energetic and enthusiastic team player committed to overall success of the organization.
• Must hold and maintain a valid class “G” driver’s license.

How to Apply
If you would like to be considered for this position and meet the qualifications, please submit your resume by clicking on the button below.
Should you have any questions regarding this opportunity, or need assistance in applying for the posting, please send your inquiry to careers@alectra.com .
You can also submit a resume for us to keep on file and review as new opportunities arise that might be the right fit for your skills and experience.
Alectra is an equal opportunity employer and is committed to providing a recruitment process that respects the dignity and independence of all candidates. Should you require accommodation at any stage in the recruitment, assessment and selection process please consult with Alectra’s People Team.
In accordance with Alectra’s COVID-19 Vaccination Policy, as a condition of employment, successful job applicants must provide written proof of full vaccination against COVID-19 prior to their start date. This requirement is subject only to valid human rights-based requests for accommodation to the point of undue hardship.
We thank all applicants for their interest in a career with Alectra. Only those selected for an interview will be contacted.

Job Type: Full-time