Senior Accounting Financial Revenue Analyst

50302 - Toronto - Temporary 18 months 

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!

General Accountabilities 

Assist the Corporate Controller’s objective of maintaining financial integrity, compliance, effective financial reporting and achievement of corporate strategies through effective advice and guidance to the business.

1.Support and advise on the energy-related revenue and cost of power accounting, monthly close and reporting process for transmission and distribution to ensure accurate and timely reporting. This includes budget to actual, forecasting and year over year. Review reconciliations for appropriateness and provide training, as necessary.

2. Support the financial reporting of energy-related revenue, cost of power and variance accounts, including the accrual of unbilled revenue through the new CIS, including changes arising from Government regulations and OEB. Develop and maintain effective controls to support certifications required under securities legislation. Evaluate and make recommendations to supervisor regarding process and data enhancements to streamline and improve timeliness and accuracy of the revenue and cost of power accounting process. Assist in the implementation of enhancements in the new CIS to maximize utilization and effectiveness of the new system. Assist with testing of changes to the new CIS in order to ensure requirements are implemented correctly.

3. Maintain the revenue model to enable appropriate financial variance analysis.

4. Assist in the various external and internal audit processes, including OEFC, OPA, IESO, OEB and external financial audits. Identify non-contentious issues external stakeholders.

5. Assist in the preparation of the revenue forecast component of the business planning process. Ensure all known issues are accounted for appropriately, including load forecasting, rates and government pronouncements/regulations. Prepare briefing notes and summaries, as required.

6. Contribute to the monthly IESO declaration process and ensure all regulatory, financial and internal control objectives are achieved.

7. Assist Supervisor in making effective recommendations regarding strategies and process improvements related to accounts receivable and customer billing to maximize cash flow. Coordinate with the Lines of Business to ensure requirements are met, including the implementation of changes to regulations.

8. Work cross functionally with Customer Care and ISD to implement any systems changes to CIS and to support accounts receivable and bad debt accounting and analysis where contentious issues may arise.

9. Assist Supervisor in ensuring financial reporting and internal control objectives are achieve for all applicable financial processes. This includes the development and maintenance of applicable internal control policies, procedures and practices to support certifications required under securities legislation.

10. Assist Supervisor in providing effective support for revenuerelated initiatives on cross-functional teams. Ensure the impact of Government regulations and internal initiatives are evaluated and issues are identified and raised for resolution on a timely basis. 11. Assist Supervisor in monitoring developments on revenue and cost of power, including regulatory developments. Assess impacts to the current results and business plan and provide appropriate recommendations to Supervisor.

12. Provide advice guidance and direction to outsourced staff that support the revenue, cost of power and receivables processes. Ensure applicable outsourced services are appropriately delivered.

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

14. Perform other duties 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 2025.

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 2025"

Deadline: : April 14th. 2025

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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.