Sr Fin Advr Ext Fin Rpt & Cnt

50250 - 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

Support the Corporate Controllers objective of maintaining financial integrity, compliance and effective financial reporting and internal control.  

Specific Accountabilities

• Analyze external consolidated annual and quarterly financial statements and management's discussion and analysis and support, as required, and determine impacts of conversion to International Financial Reporting Standards (IFRS) and to US Generally Accepted Accounting Principles (GAAP). Ensure preparation and relevant review processes support certification requirements and result in sufficiently accurate reporting to meet current and evolving requirements of securities regulators and accounting bodies. 
• Assist in the preparation of quarterly and consolidated financial statements in US GAAP, annual regulatory subsidiary financial statements in US GAAP or IFRS as appropriate, and pension financial statements in accordance with IFRS and related securities legislation, as required, and determine impacts of IFRS and US GAAP.
• Keep abreast of developments in financial reporting as it relates to disclosure and financial policy, and where necessary, develop and communicate new accounting policies and guidelines to business units.
• Provide guidance on the application of generally accepted accounting principles on complex transactions, considering merits of US GAAP, and IFRS. Assess the impact of the movement to US GAAP on the Company and IFRS on certain subsidiaries.
• Demonstrate thorough knowledge and understanding of US GAAP principles, guidelines, and developments.
• Prepare submissions to the Audit and Finance Committee and Board of Directors as required, including annual submission on accounting and reporting issues and impacts of US GAAP.
• Perform studies and provide guidance within scope of assigned business area, including accounting, external financial reporting, regulatory, financial evaluations and related budgeting and planning, as relates to prospective change in accounting policy.
• Provide guidance and direction on continuous disclosure requirements, including that necessary to sustain compliance with securities regulations pertaining to certification requirements.
• Perform analysis of significant differences (both reporting and disclosure) and their impact on the Company, between US, international and, up to 2011, Canadian GAAP.
• Interface with actuaries to prepare actuarial valuation requirements for external reporting purposes, including sensitivity analyses for management's discussion and analysis, for impacts of US GAAP and IFRS.

Technical Knowledge:

• Requires an in-depth knowledge of finance, pension techniques and actuarial valuation, financial reporting, securities legislation, US and international generally accepted accounting principles, economics and mathematics to develop costing techniques, accounting and financial and regulatory policies and to develop business plans, financial statements and budgets.
• Requires a good knowledge of English to communicate effectively with internal and external contacts and to prepare technical reports. This knowledge is considered to be normally acquired either through the successful completion of a four year university education in business administration or commerce with an accounting or finance major and a recognized accounting designation (CGA, CMA,CA, CPA) or by having the equivalent level of education. 
• Requires financial experience to prepare financial statements and perform financial analysis in the development of financial and reporting accounting practices and procedures.
• Requires experience in the establishment and interpretation of regulatory and financial policies and guidelines and implementing new accounting and securities legislation.
• Requires experience with the overall operation, functions of major organizational groups, interrelationships within the organization, policy and planning practices and a thorough understanding of how all these aspects are reflected through the management structure of the organization.
• Requires experience to be familiar with various management systems (SAP), controls, policies, procedures, securities legislation and agreements governing Company's activities. A period of over 10 years and up to and including 12 years is considered necessary to gain this experience.

Demonstrated Management Skills:

• Achievement Motivation - concern for working well or for competing against a standard of excellence 
• Analytical thinking - ability to understand a situation by segmenting and tracing implications step by step
• Client Service Orientation - desire to help or serve others, to meet their needs
• Developing Others - takes action to foster the long-term learning or development of others
• Directiveness - able to insist others comply with one's wishes where the power of one#s position is used appropriately and effectively, with the long-term good of the organization in mind
• Impact and Influence - able to persuade, convince, influence or impress others
• Initiative - takes action, proactively doing things and not simply thinking about future actions
• Information seeking - ability to acquire information relevant to the achievement of valued goals
• Listening, Understanding and Responding - ability to accurately listen, understand and respond appropriately when interacting with individuals and groups
• Strategic business thinking # ability to apply their technical knowledge and experience to making management decisions for achieving business objectives
• Team leadership - ability to take a role as leader of a team or other group
• Teamwork - able to work with others as part of a team, as opposed to working separately or competitively

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: March 11, 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.