Alectra Utilities Looking for Temporary Supervisor, Capital Budgeting and Forecasting at Hamilton, ON Full Time

The Opportunity

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:

The Supervisor, Capital Budgeting and Forecasting is accountable for the utility capital reporting including budgeting, forecasting and variance analysis. The role will partner with the business units to plan, monitor and report on capital expenditures to ensure adherence to the approved budget and provide timely reporting to business unit owners as well as provide reports for consolidation into corporate reporting. This role will support the Manager of Capital Reporting and will be accountable for leading the continuous improvements for the Capital team with respect to the interfaces with the ERP system.

Responsibilities:

• Develops, implements, and monitors the capital budget to ensure adherence to the approved budget by Investment Category on a consolidated level.
• Specifically, accountable as the business partner for all System Renewal investments ensuring appropriate execution of the budget and development of ongoing forecasts to ensure capital expenditures are met in accordance with budget and corporate strategic objectives.
• Support reporting requirements for non-financial business partners.
• Provide reporting and analysis for consolidation and presentation to senior management and the finance team monthly as well as quarterly forecasts
• Ensure all material projects and programs for business partners are input into Copperleaf software, evaluated, monitored, and reported in a timely manner for consideration and approval during budget process
• Assists business leads with submitting Additional funding budget requests for Asset Investment Planning (capital program and project) as required.
• Provides support to rate case submissions and subsequent capital related filing requirements
• Involved in the development of the short term and long term plan for Asset Investments
• Involved with the capital management information system(s) to track, measure and optimize the capital portfolio and identifies opportunities to improve effectiveness
• Assists the manager with researching and implementing new or enhanced policies, procedures and processes to improve operational effectiveness
• Assists with completion of benchmarking analysis to evaluate the effectiveness of investments and resource utilization.
• Ensures compliance to legislative, regulatory and Health & Safety policies, procedures and standards
• Performs other duties as assigned
• Specialized duties would include:
  • Prepare consolidation of budgets, actuals and forecast to present to senior management and the finance team for consolidation into corporate reporting
  • Support the specific business partners in the execution of the approved plan
  • Partner with Asset Management departments as a key point of contact for Capital results as it pertains to Regulatory filings and associated support cross functionally
  • Provide coaching and leadership to Capital Reporting team with the development and implementation of PowerBI for continuous improvements of reporting on capital results
  • Act as key partner with Copperleaf C55 software development and cross functional usage towards the preparation of Financial Plans and Regulatory Filings

Skills & Qualifications:

Education:

• Post-secondary education and/or a professional designation.
• CPA designation or equivalent experience in business administration, finance or accounting
• Must hold and maintain a valid class “G” driver’s license

Experience:

• Require 5 years of accounting experience or related experience
• Supervision experience would be an asset
• Experience in a unionized utility environment would be an asset
• Familiarity with reporting in a regulated industry

Skills/Abilities:

• Strong ability to influence and lead change and engage, develop and motivate teams
• Proven ability to partner with non-financial teams
• Demonstrated knowledge of consolidated reporting
• Strong planning skills, with the ability to assess the impact of decisions holistically
• Excellent written and presentation skills, with the ability to organize and convey information in a compelling way
• Ability to plan, prioritize and execute multiple projects and initiatives within established timelines
• Strong conflict negotiation skills, with the ability to influence and resolve difficult situations

Specialized Knowledge:

• Proficiency with technology applications/systems including MS Office
• Solid understanding of Accounting Practices and requirements for Local Distribution Companies (LDC).
• Working knowledge of JDE Enterprise Resource Planning (ERP) systems and workflow practices.
• Strong understanding of financial reporting and auditing practices.
• Knowledge of the components of the distribution system, policies and practices related to capital projects
• Knowledge of budget optimization methodologies
• Understanding of the Ontario Energy Board Accounting Procedures Hand Book

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 [email protected] .

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. Alectra will consult with all applicants who request accommodation during the recruitment process to ensure that the accommodation provided takes into account the applicant’s individual accessibility needs, to the point of undue hardship.

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.