Senior accounting and financial analyst
Hydro One Networks Inc. based in Toronto, ON is inviting applications from suitable candidates for the position of Senior accounting and financial analyst. Hydro One Networks Inc. is Ontario’s primary electricity transmission and distribution provider, ensuring reliable power across the province. It maintain a robust infrastructure that delivers electricity to homes, businesses, and industries, supporting economic growth and environmental sustainability. Hydro One Networks focuses on innovation and efficiency to meet the diverse energy needs of their customers, contributing significantly to Ontario’s energy landscape. The candidates selected for the vacancy will be required to start the work as soon as possible.
Job Description:
Employer Name: Hydro One Networks Inc.
Position: Senior accounting and financial analyst
No of Vacancies: 4
Salary: Salary is not mentioned, $50.00 – $55.00 hourly estimated salary
Employment Type: Regular
Location: Toronto, ON, CA
Job ID: 49714
Requirements:
Languages: Candidates must have knowledge of the English Language
Education: Candidates need standard educational qualifications such as a Secondary (high) school graduation certificate or equivalent experience
Experience: Candidates should have over 4 years up to 6 years experience in the relevant field
Other Requirements:
- The candidates should have knowledge of business or financial planning and cost accounting principles, financial analytical techniques, and computer applications to develop, implement, and maintain financial control systems
- The candidates should have a good knowledge of English to communicate effectively with internal and external contacts and to prepare technical reports. This knowledge is typically acquired through the successful completion of a four-year university education in business administration or commerce with an accounting or finance major, plus one year of further concentrated study and a recognized accounting designation (CGA, CMA, CA), or equivalent education
- The candidates should have experience in payroll, payables, financial evaluations, receiving and cost accounting, to prepare statements and reports, budgeting, and the processing of work orders
- The candidates should have an understanding of the interrelationship of the various finance groups and experience to be familiar with the regulated utility business
- The candidates should have experience with computers and applications to develop and apply information systems and use information from systems within the business unit
- The candidates should have experience with various terminologies associated with regulatory filings and regulatory accounting
Responsibilities:
- The candidates should be able to develop and implement approved business systems based on guidelines provided by supervisors or other staff groups for economic justification, budget preparation, and data collection for economic analysis
- The candidates should be able to continuously review systems to ensure compliance with changing financial needs and modify and develop reporting systems, work methods, and procedures to ensure comprehensive data acquisition and notify relevant personnel and provide advice and guidance to divisional personnel, regional staff, and other personnel conducting work programs under divisional responsibility, ensuring sufficient access to essential information
- The candidates should be able to participate in business plans and budget preparation by gathering departmental and regional data, assessing information, and compiling into appropriate formats
- The candidates should be able to assess submitted plans and budgets for accuracy and consistency with approved business plans, and report, analyze, and explain budget variances and supply guidelines, clarify instructions, and address encountered problems
- The candidates should be able to identify problem areas, discuss with supervisors and department managers, and develop and implement revised systems to meet immediate and review, revise, and coordinate reporting systems to assess impact on the division, ensuring alignment with corporate and divisional
- The candidates should be able to assist departments in defining requirements and evaluating annual outputs to provide clearer insight into ongoing work and associated benefits and provide business support for project administration within the division, including activities related to release, work order management, and reporting
- The candidates should be able to conduct research into effective methods of describing and measuring outputs to satisfy corporate financial requirements and internal objectives, collaborating with affected groups and address day-to-day operational issues within assigned responsibilities, attend staff meetings, and participate in task forces and gather relevant data, evaluate findings, and submit recommendations or findings to supervisors for consideration
- The candidates should be able to prepare and review financial evaluations of expenditure decisions to ensure compliance with corporate and branch requirements, accuracy of financial assessments, use of appropriate escalation and present value factors, analytical soundness of financial evaluations, and correct identification of preferred financial alternatives
- The candidates should be able to assign tasks to staff, provide guidance on expected results, conduct periodic progress checks, identify areas of concern, and report staff performance details to supervisors
- The candidates should be able to conduct studies on effective management and control of accounting and service operations, and provide professional advice and guidance to divisional personnel on interpretation and application of corporate and branch financial evaluation, internal control policies, procedures, practices, and guidelines
How to apply:
If the position is fit for you and the basic requirements are fulfilled then you can now apply directly to the employer (along with your resume) through the below-mentioned details.
We thank all the applicants for showing their interest and trust in us, however, only the most eligible candidates will be selected and conducted for further procedure directly from employers, in between no charges/fees or original documents will be asked from any applicant. All the best!