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WORK ILLUSTRATION:
Reporting to the Supervisor, Finance Management Reporting; the Associate Financial Analyst, contributes to the overall success of the organization by effectively executing accounting, budgeting and reporting responsibilities and providing value added financial activities.
Reporting to the Supervisor, Finance Management Reporting; the Associate Financial Analyst, contributes to the overall success of the organization by effectively executing accounting, budgeting and reporting responsibilities and providing value added financial activities.
The incumbent is expected to behave ethically and follow the established code of business conduct, policies and internal control procedures, laws and regulations governing Toronto Hydro.
Toronto Hydro has implemented a mandatory vaccination requirement for all its employees. Proof of full vaccination will be required upon receiving a conditional offer of employment. Toronto Hydro will provide reasonable accommodation to individuals who cannot be vaccinated due to disability or any other ground protected by the Ontario Human Rights Code.
KEY RESPONSIBILITIES:
Provides timely and accurate month-end support, including journal entries (e.g. accruals, allocations, etc.) and account reconciliations.
Prepares monthly, quarterly and annual schedules and reports, variance analysis on operating expenditures, other income, and other supporting schedules for management and external financial reporting.
Provides reliable financial information, analysis and operational support related to electricity regulatory filings, tax provision reporting requirements and other internal management reporting requirements.
Provides support and recommendations in the area of financial policy, liaising as the primary financial contact for assigned business unit(s) and/or supporting business units with core back-office financial responsibilities.
Implements risk management and internal controls, including assessment and monitoring whether internal controls in place are adequately designed and operating effectively and in compliance with accounting, organizational and regulatory policies.
REQUIREMENTS:
University/ Bachelor’s degree in Finance, Accounting, Commerce, Business Administration or related fields.
Must currently be pursuing a Chartered Professional Accountant designation.
Minimum of one (1) or more years of financial analysis experience.
Solid understanding of accounting standards/policy, International Financial Reporting Standards (IFRS) related to fixed assets.
Advanced Excel skills and experience with Microsoft Office applications, including PowerPoint and Word.
Working experience with complex ERP systems (SAP preferred), data analysis and reporting tools; demonstrated ability to work with large volumes of data.
Detailed oriented and demonstrates strong business acumen.
Excellent written and verbal communication skills and demonstrated ability to effectively communicate with people at all levels of the organization.
Demonstrates customer focus and able to build strong relationships across the business.
Accepts uncertainty as part of the needed change; willing to change the status quo; able to decipher needs of the organization and problem solve difficult situations; innovator problem solver.
Approaches work with a positive “can do” attitude, works diligently to meet goals, and initiates activities to improve team performance and results. Excellent analytical, organization and planning skills.
Maintains confidentiality over sensitive information.
Job Segment: Financial, Accounting, Financial Analyst, Risk Management, ERP, Finance, Technology
