Financial Analyst | Entegrus Powerlines Inc. - Chatham-Kent

Financial Analyst

Chatham, Ontario

Entegrus Powerlines operates and maintains electricity distribution systems for over 63,000 customers in Southwestern Ontario. We are committed to operating with local values in mind, while delivering safe, reliable, and exceptional service to our customers, partners, and communities.  A core value of Entegrus is having inspired and empowered people.

Entegrus requires a Financial Analyst for its Regulatory Department located in Chatham.  Reporting to the Regulatory Supervisor, this role conducts regulatory accounting, analysis and reporting to ensure compliance with regulatory requirements.  The position also assists with regulatory applications and performs account reconciliations. 

 MAIN RESPONSIBILITIES

• Maintain awareness and understanding of regulatory directives and requirements and assist in ensuring accurate compliance with Ontario Energy Board (OEB) filing deadlines;
• Co-ordinate with internal subject matter experts to analyze new requirements and communicate developments to impacted departments and staff;
• Co-ordinate, analyze and assist with the preparation of timely and accurate rate applications in accordance with the Company’s regulatory strategy;
• Perform reconciliations and detailed analysis to support the filing of the monthly power purchase and regulatory charges settlements with the Independent Electricity System Operator (IESO). Analyze power purchase invoices and complete accounting for monthly power purchase and sales accruals;
• Perform reconciliations to support cost of power and other associated Deferral and Variance Account (DVA) balances. Perform reasonableness checks and additional analysis to ensure that the balances meet OEB criteria;
• Develop and maintain strong professional working relationships, including internal departmental subject matter experts;
• Implement OEB letters of direction, including verifying and arranging timely customer notifications, associated affidavits, processing of cost awards and associated accounting;
• Co-ordinate and compile information from other departments for Reporting and Record Keeping Requirements (“RRR”) submissions. Analyze this information to validate accuracy and engage with subject matter experts as required;
• Analyze new OEB accounting orders and guidelines and work with Finance to implement new accounting processes; and,
• Other duties as assigned, including ad hoc financial analysis.

QUALIFICATIONS

• Education – CPA designation and a university degree or college diploma in Business Administration with an accounting focus;
• Experience – 3-5 years of business and accounting experience. Experience in a rate-regulated accounting environment is considered an asset but is not required;
• Knowledge – Strong understanding of accounting concepts. Familiarity with a utility environment and associated regulatory guidelines is considered an asset;
• Skills – (i) Excellent accounting reconciliation skills and attention to detail, (ii) Strong analytical ability and computer skills, (iii) Strong organizational skills and the ability to multi-task and, (iv) Strong written / verbal communication skills
• Other – (i) Availability to work overtime during busy periods; (ii) Possess and maintain a valid Ontario “G” Driver’s Licence with an acceptable Driver’s Abstract and the ability to conduct limited inter-office and conference/training travel.

The regular hours of work are from 8:00 a.m. until 4:30 p.m., daily.  This is a salaried position and includes compensation and benefits in accordance with the company’s non-union benefit program. 

All qualified applicants may e-mail their resume quoting the “Financial Analyst” position in the subject line to: entegrusjobpostings@entegrus.com

The closing date for all applications is April 15, 2024.  Entegrus is an equal opportunity employer, committed to fair and accessible employment practices that attract and retain talented employees.

Entegrus is an equal opportunity employer and is committed to a workplace culture that fosters inclusion and respect. Applicants who have been contacted for an interview, and who require accommodation during the recruitment process under the Human Rights Code or the Accessibility for Ontarians with Disabilities Act, should contact Human Resources at 519-352-6300 or e-mail entegrusjobpostings@entegrus.com.  While we appreciate all applications received, only those invited for an interview will be acknowledged. Any personal information submitted will be managed in accordance with the requirements of the Municipal Freedom of Information and Protection of Privacy Act and will be used only to determine eligibility for employment.