Mgr, Costing Accounting & Reporting

51884 - Toronto - Temporary 24 months

Hiring Salary Range: $105,400.00-136,400.00 / year

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:

Partner with the Lines of Business to evaluate the impact of applicable industry changes, Government regulations and OEB requirements impacting the operations on the Company.

SPECIFIC ACCOUNTABILITIES

Supervise all direct report staff and appropriate Inergi staff and make effective recommendations to Director, Management Accounting & Reporting on pay, performance evaluations and disciplinary matters. Plan, organize, schedule and assign the work and check work assignments, providing instruction, advice and guidance as required. .

Partner with the Lines of Business to evaluate the impact of applicable industry changes, Government regulations and OEB requirements impacting operational acccounting on the Company. Provide strategic direction and ensure appropriate implementation. Identify and raise any issues, together with recommendations, to senior management on a timely basis.

Supervise and oversee the operational accounting, monthly close and reporting processes for transmission and distribution, including the timely and accurate issuance of appropriate management reports. This includes budget to actual, forecasting and year over year. Review results and significant issues with the Director, Management Accounting & Reporting and Corporate Controller on a proactive basis.

Take a leadership role in managing the various external and internal audit processes, including OEFC, OPA, IESO, OEB, and external financial audits. Identify and resolve issues on a proactive basis, ensuring that the Company’s objectives are achieved. Review any issues with the Director, Management Accounting & Reporting on a timely basis and provide recommendations for resolution.

Supervise and coordinate the Line of Business Operational Accounting forecast component of the confidential business planning process. Ensure all known issues are accounted for appropriately, including forecasting, rates, and Government pronouncements/regulations. Provide an oversight role for the operations forecast and the operations budgets. Coordinate the preparation of briefing notes and summaries for the Director, Management Accounting & Reporting and Controller as required.

Monitor and provide an oversight role for the monthly Operations Committee process, accounts receivable, customer billing, and revenue processes. Ensure all financial, compliance, internal control and productivity objectives are achieved. Ensure applicable processes support certifications required under securities legislation.

Monitor, research and communicate developments on operation and reporting work program issues, including regulatory developments. Ensure impacts to the current results, business plan and strategies are proactively developed and reviewed with senior management.

Provide a leadership role for the provision of financial support to all Line of Business areas, including reporting, ad-hoc requests, and confidential business planning/budgeting. Ensure results and recommendations are effectively communicated to senior management.

Interact with Senior Executives to ensure their financial support requirements are met. Provide leadership to Inergi staff in performing their confidential financial responsibilities to Senior Executives.

Evaluate and implement strategies for streamlining and improving the timeliness, accuracy and transparency of the operational accounting and reporting, and Line of Business reporting processes.

Support regulatory requirements, including witnessing, preparation of evidence, development of briefing material, responses to interrogatories and transcript undertakings and general hearing support. 

Ensure applicable outsourced services to Inergi are appropriately delivered and effectively manage the relationship with Inergi as it pertains to the LOB Management and support units. Ensure services provided under the statements of work are fully carried out; negotiate new services as required 

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 2026.

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 careers@hydroone.com. 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.

"Employer of the year 2026"

Deadline: July 20 2026

The base salary for this role considers a variety of factors, including candidates' knowledge, skills, experience, education, and any applicable collective agreement requirements for union-represented positions. Hydro One provides an extensive offering of programs to promote a culture of safety, wellbeing, inclusivity, and sustainability to enable our employees to be the best version of themselves. For management roles, compensation is based on the principle of pay-for performance compensation philosophy, and the amount of annual adjustments and incentive payments depends on how well you and the company perform (subject to plan terms). We encourage open dialogue about compensation with our Talent Acquisition Team, who can provide more detailed information specific to this role.

This posting is for an existing vacancy. 

Hydro One uses AI tools to assist in the screening and assessing candidates for this role. Our use of AI does not replace human decision-making.

In the event you are experiencing difficulties applying to this job please consult our help page here.

We thank all applicants for their interest in a career at Hydro One; however, only those candidates who are selected for an interview will be contacted.