Senior Accounting And Financial Analyst
Ontario 8 days ago
Job Description
50550:
Toronto:
Regular
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
Job Function
Be responsible to Supervisor for developing, implementing and coordinating business systems, based on guidelines provided by Supervisor, relating to data collection and analysis, work program budget and economic justification studies and provide advice and guidance to Divisional Management personnel and other groups for which they are functionally responsible. Initiate, prepare and review financial evaluations; provide interpretation of financial and accounting policies and procedures to Line Management.
Job Description
:Develop and implement approved business systems based on interpretation of guidelines provided by supervisor or other staff groups for economic justification, budget preparation and the collection of data for economic analysis. Develop reporting systems and work methods and procedures to ensure that all essential information is obtained and notify all appropriate personnel. Continually review systems to ensure that all requirements are met and modified as required to meet changing financial needs.
:Provide advice and guidance on the above activities to divisional personnel and to regional and other personnel conducting work programs for which the division is functionally responsible to ensure an adequate supply of important and necessary information. Supply guidelines, clarify instructions and deal in problems encountered.
:Participate in the preparation of the business plans and budgets, gathering departmental and regional data, and assessing and accumulating information into appropriate formats. Provide assessment of submitted plans and budgets for accuracy and ensure consistency of budgets with approved Business Plans. Report, analyze and explain budget variances.
:Provide business support to the division in project administration including release, work order and reporting activities.
:Review, revise and coordinate reporting systems with a view to assessing their impact on the division as a whole to ensure that these systems do reflect corporate needs and also the needs of the division and the individual departments. Assess problem areas, discuss with supervisor and responsible department managers and develop and implement revised systems that will meet the immediate needs.
:Assist individual department in defining requirements and evaluating outputs produced each year with the objective of providing a clearer picture of ongoing work and the benefits associated herewith.
:Perform assigned research activities into the most appropriate way and means of describing and measuring the specific groups outputs so that corporate financial requirements for rate review, budgets, etc, can be satisfied and coordinated with internal objectives. Collaborate with affected groups as required. Gather all pertinent data, evaluate and submit recommendations and/or findings to supervisor for consideration.
:Rectify the day:to:day problems associated with areas of responsibility, attend staff meetings and participate in task forces as assigned.
:Prepare and review financial evaluations of expenditure decisions to ensure documents submitted meet both corporate and branch requirements, that the financial assessments are accurately done and the appropriate escalation and present value factors have been used, that the financial evaluation, including assumptions, is analytically sound, and that the financially prefe
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