Hydro One Networks Inc Looking for Mgr, Strategy & Business Dev at Toronto, ON Full Time

45746 – Toronto – Regular –

Safety Comes First is a core value at Hydro One, and we remain committed to taking every reasonable precaution to ensure a respectful, safe and healthy working environment. Further to this commitment, we have adopted a COVID-19 Vaccination Policy to protect the health of our employees from the hazard of COVID-19. New employees will be required to declare their vaccination status to Hydro One. Employees who do not provide proof of vaccination status may not enter any 3rd party locations that require full vaccination (e.g. customer properties).

Hydro One is proud to be the largest electricity transmission and distribution provider in Ontario, serving nearly 1.5 million customers. We have a long history in the industry with our roots dating back over 110 years to 1906. Since then, we have worked to grow and evolve to meet the changing needs of our customers and communities across Ontario. Today, we’re focused on providing exceptional customer service and ensuring we are building safe communities where we live, work and play.

It’s an exciting time to join the team at Hydro One!

*NOTE* Hydro One introduced a Hybrid Work Pilot Project in 2022 for most office-based roles. Employees work in-office/on-site two days a week and remotely from home for three days a week. Hydro One is adding refreshed workspaces and technology to support these changes. Join us as we ‘trial & learn’ a new modern way of working and be a key driver of future state!

In office but with intention – a time for team and trust building, collaboration, and socialization. Please reach out to us to learn more!

Assist the Manager, Business Development with identification and acquisition of target Local Distribution Companies (LDC) in line with Hydro One’s strategic plan and growth strategy. You will play a key role to assess and execute business-enhancing corporate transactions.

General Accountabilities:

• Coordinating LDC acquisition projects; and assessing progress towards achieving strategic objectives

• Developing and maintaining complex financial models and financial projections and using these to support regulatory filings, internal analysis and decisions regarding acquisition targets
• Analyzing and interpreting financial, operations and regulatory reports which can be used by management for strategic decisions

• Management of the due diligence processes in the evaluation of potential opportunities

• Playing an active role in the preparation of business cases and regulatory approval materials

• Playing an active role in the post closure monitoring of acquisitions

• Acting as internal consultant and advisor for key LDC acquisition initiatives

• Interacting effectively with internal business managers and external advisors and consultants

• Contributing to special projects and analyses, as required

• Recommending strategies, plans, position, and program directions to resolve issues that arise in moving toward realization of the Hydro One’s LDC strategy

• Identifying and assessing opportunities for new business development which have the potential to further the goals of Hydro One in attaining its strategy

• Creating and continuously improving business and analytical models used in support of the goals of Hydro One’s LDC strategy

Selection Criteria:

• 6+ years of progressively senior work experience

• An undergraduate degree in engineering, finance, or commerce

• Accounting designation, MBA or equivalent considered an asset

• Analytical and quantitative skill set including the ability to understand, develop and analyze complex financial models and forecasts

• High level of proficiency in Microsoft Office – Excel, Word, PowerPoint

• Ability to work within a fast-paced, demanding and dynamic team environment and ability to deliver timely results

• Ability to work collaboratively across business units

• Understanding of financial statements

• Strong work ethic and excellent written and verbal communication skills

• Prior work experience in Electricity Industry (Utilities), corporate development, or strategic consulting

At Hydro One we understand that the success and strength of our business rests with our people. When we develop their skills, we are investing in both their success and ours. To secure the best talent, we seek to create a workforce that reflects the diverse populations of the communities where we live and work and to create a culture based on safety, innovation and inclusiveness.

We are honoured to be recognized by Forbes in its list of Canada’s Best Employers for 2022.

Thank you for considering a career with Hydro One, we welcome applications from all qualified candidates. If you are having difficulty using our online application system and you need an accommodation due to a disability, please email [email protected]. Hydro One will provide reasonable accommodation for qualified individuals with disabilities in the job application process.

Please note this email is only for accommodation requests. Resumes sent to this email address will not be considered.

Deadline: November 21 2022

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