Senior Financial Analyst

Senior Financial Analyst

GrandBridge Energy Inc. is the eighth largest municipally owned electricity distributor in Ontario. GrandBridge Energy delivers safe and reliable electricity to 111,000 customers in the City of Brantford, the City of Cambridge, the Township of North Dumfries, and the County of Brant. The team provides safe and reliable energy solutions that are strengthened by an unwavering commitment to service excellence. 

GrandBridge Energy is guided by a vision to be a leader in energy transformation and driven by a mission to bridge communities to the energy future. Our values are the principles and beliefs that guide our operations. GrandBridge Energy’s vision, mission and values are supported by a Five-Year Strategic Plan.           

Major Duties & Responsibilities 

• Prepare annual budgets, forecasts and five-year financial plans for GrandBridge Energy and its affiliate companies.
• Collaborate with assigned business units as a financial business partner, delivering monthly departmental reporting and analysis in support of achieving financial and operational objectives.
• Prepare monthly variance analysis on operating and capital expenditures and provide detailed explanations that support the monthly Management Discussion and Analysis (MD&A).
• Analyze overhead/burden rates for labour, vehicle and material charges and calculate management fees for shared services across affiliate companies.
• Calculate and analyze unbilled revenues and regulatory deferral account balances in accordance with Ontario Energy Board guidelines.
• Create detailed monthly variance analysis on distribution revenue, electricity sales, and electricity purchases attributing variances to consumption, rate, and customer count differences by rate class.
• Prepare and provide analytical support to monthly revenue reporting and commentary that provides a comprehensive summary of performance and reconciles net movements in deferral and variance accounts.
• Support annual rate applications and record keeping requirements with the Ontario Energy Board by preparing financial models, load forecasts, and distribution system plans.
• Develop financial models, analysis, and industry benchmarking in support of business development opportunities for GrandBridge Energy and its affiliate companies.
• Drive continuous improvement in financial planning and revenue accounting processes, leveraging technology to streamline operations, increase efficiency and improve internal controls.
• Support management with ad-hoc financial analysis and reporting as required. 

Qualifications 

A minimum of five years of experience in a finance or regulatory role, and a professional accounting designation is required.  A sound working knowledge of utility accounting and regulatory issues is an asset. The successful candidate will have strong strategic, analytical, interpersonal and communication skills, including the ability to interact with all levels of management. With solid business analysis and planning experience, the candidate is able to manage multiple project and exercise good judgement in prioritizing tasks. Proficient use in Microsoft Office tools, including Excel, Word, and PowerPoint, is required. 

We offer an excellent working environment, career path exploration and development opportunities, a comprehensive total rewards package, and opportunities to get involved with teams and charitable events that support and make a difference in our community. To become a member of our team, please forward your resume by October 29, 2023, to careers@grandbridgeenergy.com. When applying for the position, please quote “Senior Financial Analyst” in the subject line. 

GrandBridge Energy

39 Glebe Stret, P. O. Box 1060,

Cambridge, Ontario N1R 5X6

or email: careers@grandbridgeenergy.com

Check us out at https://grandbridgeenergy.com/

We appreciate the opportunity to review all resumes, however due to volume, only those under consideration will be contacted. We retain all resumes for a period of 12 months. In the event a similar position becomes available, your application may be considered.

GrandBridge Energy is an Equal Opportunity Employer and is AODA compliant.