Senior Financial Advisor - Corporate Accounting

48054 - Toronto - Regular - Ongoing

Hydro One is proud to be the largest electricity transmission and distribution provider in Ontario, serving nearly 1.4 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!

General Accountabilities

• Coordinate and manage the completion of Statistics Canada Surveys, ensuring that tools are effectively utilized to streamline the process.
• Provide analysis and input to the monthly close process, managing, developing and issuing fixed asset related reports, support to regulatory reporting process including ensuring that fixed asset categorizations confirm to USofA and cost allocation categories.
• Manage the ongoing requirements of the external auditors, ensuring that all working papers and related support are provided on a timely basis.
• Follow-up to ensure that guidance on the application of generally accepted accounting has been followed within the company.
• Manage and successfully execute the monthly close and reporting processes for Fixed Assets, including the timely and accurate issuance of appropriate management reports.
• Support regulatory requirements, including witnessing and preparation of evidence, development of briefing material, responses to interrogatories, and transcript undertakings and general hearing support.
• Perform specific functional accounting and reporting duties, such as manage specific account balances, fixed assets, OEB’s Uniform System of Accounts (USofA), Statistics Canada Surveys, support for complex transactions, preparation and/or approval of journal entries, and issuance of confidential internal management reports.
• Maintain appropriate internal control policies and develop procedures as required.
• Manage and successfully execute the quarterly close and confidential reporting process for Fixed Assets, including the development of a confidential reporting process including analysis.
• Ensure requirements are effectively communicated to business until and monitor compliance.
• Provide financial oversight to the fixed assets area of the balance sheet including working with Outsource provider and other business areas on process improvements.

Selection Criteria

• 8 – 10 years relevant experience in financial reporting at an intermediate level.
• CPA or similar recognized accounting designation.
• Experience in a rate-regulated environment is highly desirable.
• Experience in fixed asset accounting & reporting is highly desirable.

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 2023.

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: September 25, 2023

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