Real Estate & Facility Business Analyst

46822 - Markham - Rotation - 24 Months
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!
Job Function

• Develop business processes and financial models to improve efficiency and decision making associated with real estate, facilities programs.
• Consolidate, gather and analyze financial and other business information and develop, produce and maintain budgetary and reporting systems.
• Participate in improving and developing business and information systems, ensuring adequate financial and internal controls are in place within the Facility and Real Estate organization.
• Coordinate the provision of Employee Relocation Services to all Business Units within the Company in accordance with Collective Agreement and other relevant provisions. Supervise staff providing Employee Relocation Program counselling and related services to employees.
• Participate in the development, implementation and monitoring of programs and procedures for the real estate and facility management business functions within Hydro One.
• Provide advice and guidance and financial support to Senior Management related to the procedures and requirements for the planning, budgeting and reporting of resources costs and Project and Program accomplishments.
• Coordinate the development and prepare all Facilities and Real Estate financial, business plan and other similar submissions (including the annual Proof of Concept and Business Plan/Budget) and related support documentation.

General Accountabilities

• Administer the work of taff, providing necessary direction, training and review of work activities.
• Provide assistance and guidance to the Director and Managers in the preparation of business information, specific program data and other similar information required for these initiatives.
• Consolidate, gather and analyze financial and other business information and develop, produce and maintain budgetary and reporting systems.
• Participate in the development of management or other information systems for Facilities and Real Estate and make recommendations for improvements.
• Carry out real estate and facility management market research/investigations externally to ensure programs and costs are in line with relevant benchmarks.
• Work with external governmental agencies (e.g. Ontario Realty Corporation) to establish and maintain appropriate budget coordination, financial controls and reporting mechanisms as they relate to the shared HONI/Provincial government Provincial Secondary Land Use Program' revenues.
• Identify and act as the Facilities and Real Estate representative in special Company financial, internal control or other similar reviews (e.g. Organizational Authority and Cost Allocation Reviews, Bill 198), ad-hoc projects and studies, task groups, committees as required to ensure Facilities and Real Estate financial and business interests are appropriately represented and communicated to team members and leaders.
• Review submitted documents to ensure financial implications have been considered and disclosed appropriately in accordance with Business Unit and/or Corporate financial, signing authority and other similar requirements.
• Prepare a variety of business summaries and control reports such as budget, business and staff plans/estimates, cost trend studies, financial evaluations, performance reports and monthly cost and financial performance against budget reports.
• Review existing and develop, implement and maintain new financial budgetary, business, staff plan and financial control systems and related financial/administrative policies, procedures and controls, as required to provide an appropriate Facilities and Real Estate financial management/operational framework and to ensure all Corporate and Business Unit financial requirements are met (e.g. Bill 198).
• Develop and maintain business relationships with internal Corporate Finance, Business Integration, Asset Management, Regulatory and other Company representatives to ensure Facilities and Real Estate business and financial information is provided in conjunction with Company requirements (e.g. Financial Reporting, Transmission Rate Filings).
• Perform other duties as required.
• Supervise staff providing Employee Relocation Program counselling and related services to employees. Supervise staff responsible for verification and payment of corporation's property taxes and related services including challenges and appeals.
• Coordinate, assemble and prepare financial and performance data related to the management of the Company's land and building assets in the province.
• Coordinate the provision of Employee Relocation Services to all Business Units within the Company in accordance with Collective Agreement and other relevant provisions.
• Prepare and assist the Vice-President, the Director and Managers in preparation of Business Cases, Financial Evaluations, Executive Summaries, Board Memoranda and other similar reports and assessments.
• Coordinate the development and preparation of all Fa s andReal Estate financial, business plan and other similar submissions (including the annual Proof of Concept and Business Plan/Budget) and related support documentation.
• Participate in employee selection and recommendations, including performance assessment recommendations.
• Includes providing and exchanging financial and performance information with line organizations in field and Head Office locations as it relates to Facilities and Real Estate.
• Participate in the development, evaluation and implementation of programs and procedures in the facility management and real estate business areas within Hydro One.
• Develop work methods and procedures to ensure the effective contribution of subordinates.
• Assess the efficiency and productivity of the unit.
• Prepare and deliver presentations to management, as necessary.
• Provide advice, guidance, recommendations and assistance to management and staff in the Facilities and Real Estate organization relating to financial policies and procedures, business processes, organizational signing authorities, improvement initiatives, assessing business aspects of internal controls, programs and projects, staff and organization plans, cost allocation and asset management reporting and other similar initiatives.
• Facilitate the understanding of internal controls and cost structures among staff within the Facilities and Real Estate organization.
• Undertake financial and cost/benefit analysis for Real Estate and Facility Management projects and other initiatives.
• Review existing land/building asset management and cost control reporting procedures, assess their effectiveness and develop, implement and maintain changes, improvements or new procedures, as necessary.

Education
Selection Criteria:

• Requires a knowledge of finance, financial reporting, cost accounting and financial information systems to develop financial reporting, plans, budgets and business cases related to land and building assets.
• This knowledge is considered to be normally acquired through the completion of 4 years of University training (Grade XII plus 5 years).
• Requires a good knowledge of English to communicate effectively with internal and external contacts and prepare financial and performance reports.
• Requires a knowledge of real estate and facility management to prepare complex and high value business plans and submissions.

Experience

• Requires experience in a financial environment to be familiar with coordinating business plans and budgets, developing and implementing business systems and reports for the collection of financial data and performance reports and providing financial/business advice and guidance to Facilities and Real Estate senior management and staff.
• Requires experience in defining work performance and the development of programs and procedures related to real estate and facility management processes.
• Requires experience with various computer systems to prepare budgets and business plans and financial and performance reports.
• Requires a good understanding of Employee Relocation Collective Agreement provisions, policies and practices to coordinate the Employee Relocation Services Program.
• Requires experience in the real estate/facility management organization to be familiar with the financial and asset management of a diverse portfolio of lands, buildings and facilities.
• Requires experience in supervisory capacity.A period of over 8 years and up to and including 10 years is considered necessary to gain this experience.

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: May 15, 2023
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