Strategy & Innovation Co-op

Date: Feb 6, 2024

Location: Toronto, ON, CA

Company: Hydro One Networks Inc

48113 - Toronto - Temporary - 4 months 

 

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!

 

Co-op - Strategy & Innovation University Student 

 

You will be a member of the above group, which is responsible for:

 

The Strategy & Growth group at Hydro One is responsible for developing transformative business strategies to produce earnings growth and diversification through commercial operations and is central to accelerating innovation and advancing the role Hydro One will play in the energy transition. This would involve working with other business units to enable execution of priority initiatives, generating and evaluating innovative business opportunities to complement traditional utility operations and adjacencies, such as investments in Venture Capital funds, a suite of ‘behind-the-meter’ products and service offerings, electric vehicle charging infrastructure, renewable power, data monetization etc.

 

Job Responsibilities:

The assignment will require the successful candidate(s) to be involved in various aspects of strategy development, market research, financial evaluation and analyses:

·       Conduct market analyses to identify emerging industry trends, commercial business opportunities, service offerings, and business models within the electricity industry

·       Assist with execution of the corporate business strategy by working with/supporting other business units; this may involve organizing workshops, developing presentation material and facilitating the roll-out of strategic initiatives

·       Support evaluation of potential opportunities through business case development and financial modeling

·       Explain and present complex information in a straightforward way, by developing and delivering communications materials for senior executives up to the CEO and Board of Directors level.

 

During their term the student can expect to learn technical skills such as:

·       Opportunity to learn about the utility operations, business models and transformative corporate development activities at one of the largest electric utilities in Canada

·       Identifying and developing innovative growth opportunities that could potentially lead to new business units and product offerings in the market

·       Building effective leadership, negotiation and facilitation skills through engagement with potential partners, vendors and commercial affiliates

·       Develop organization/time management skills as the group works with broader mandate on short timelines.

·       Opportunity to build/demonstrate strong analytical and financial accounting skills

 

Selection Criteria:

·       Currently in the 3rd year of a Bachelor’s degree program in engineering, business, finance, accounting, computer science, or related field

·       Experience in the Electricity Industry (Power & Utilities, Renewables, etc.)is preferred; other experience in related industries such as Oil & Gas and Mining will be considered.

·       Experience developing and analyzing financial and strategic models in an asset / capital intensive industry (preferably Electricity but others will be   considered)

·       Expert level skills in Excel: ability to build financial models and perform analysis

·       Strong proficiency with Powerpoint

·       Understanding of financial statements and Electricity Industry concepts

·       Demonstrated analytical and quantitative skills set: ability to complete a regression, perform complex modeling, statistically literate, etc.

·       An innovative and creative mindset, open to looking at things differently and creating value where    it may not first appear obvious

·       A strong passion for the Electricity industry and energy transition and a desire to be part of the myriad changes occurring within it (new technology, regulation, government goals, etc.)

·       Ability to interact effectively with Senior Management


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 2024.

 

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.

 

Deadline: February 26, 2024

 

 

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