Senior Financial Analyst

Senior Financial Analyst – Hydro One

Join to apply for the Senior Financial Analyst role at Hydro One.

Job code: 51018 – Toronto, Ontario (Regular).

Hydro One is proud to be the largest electricity transmission and distribution provider in Ontario, serving nearly 1.5 million customers. With a history spanning more than 110 years, Hydro One is focused on providing exceptional customer service and building safe communities across Ontario.

• Utilize existing financial and management systems to gather and consolidate information to produce a variety of business information such as management reports, LOB budgets, business plans, staff plans, cost trends, performance reports, and monthly cost reports; coordinate, assemble, and prepare data; analyze data to ensure consistency with corporate assumptions and strategies.
• Review existing budgetary, business plan, staff plan, and financial control procedures to ascertain their effectiveness and recommend improvements. Prepare new or revised procedures, assist in implementation, and provide advice, guidance, recommendations, and assistance to line management on budgets and significant budget/forecast variations.
• Assist in the preparation of business plans and budgets, gathering departmental and LOB data and assessing and accumulating information into appropriate formats. Review submitted plans and budgets for accuracy and consistency with approved business plans; report, analyze, and explain budget variances.
• Provide business support to the LOB in project administration, including release, work order, and reporting activities.
• Revise and coordinate reporting systems to ensure they reflect corporate needs. Assess problem areas, discuss with supervisor, and assist in the development and implementation of revised systems.
• Define requirements and evaluate outputs produced each year to provide a clearer picture of ongoing work and benefits.
• Assist with corporate financial requirements for regulatory filings, budgets, and coordinate with internal objectives; gather all pertinent data and submit recommendations and findings to supervisor for consideration.
• Attend staff meetings and participate in task forces, as assigned.
• Assist with the preparation of documentation of projects/programs according to established financial procedures for approval by the Corporate Controller/CFO.
• Assist with the production of financial statements, budgets, budget restatements, business plans, staff plans, and verify completeness and accuracy of information.
• Perform other duties as required.

• Knowledge of business/financial planning and cost accounting principles, financial analytical techniques, and computer applications to develop, implement, and maintain financial control systems.
• Proficiency in English for effective communication with internal and external contacts and to prepare technical reports. This knowledge is typically acquired through a four‑year university education in business administration or commerce with an accounting or finance major, plus one year of concentrated study or a recognized accounting designation (CGA, CMA, CA). Equivalent levels of education are also acceptable.

• Familiarity with the regulated utility business, including payroll, payables, financial evaluations, receiving, cost accounting, statement preparation, budgeting, and work‑order processing.
• Understanding of the interrelationships among the various finance groups.
• Experience with computers and applications to develop and apply information systems and use information from systems within the business unit.
• Experience with the terminologies associated with regulatory filings and regulatory accounting.
• At least 4 to 6 years of related experience required to gain this expertise.

Hydro One is committed to equal opportunity employment. 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 address will not be considered.

Hydro One and its partners/affiliates may use AI to screen, assess, or select applicants for this position.

We are honoured to be recognized by Forbes in its list of Canada’s Best Employers for 2025.

Thank you for considering a career with Hydro One. We welcome applications from all qualified candidates.

.

Referrals increase your chances of interviewing with Hydro One by 2x.