MANAGER, CORPORATE FINANCE (12-MONTH CONTRACT)/ Milton Hydro

 MANAGER, CORPORATE FINANCE (12-MONTH CONTRACT)

WHO WE ARE
Milton Hydro is on the threshold of an exciting transformation. The energy sector is experiencing dynamic change and opening doors for exciting new career opportunities.

Milton Hydro’s Vision is progressive and forward-looking – creating new customer and community possibilities for a smart, sustainable and electrified future. Our focus is on being customer-centric, where all employees work towards enhancing the customer experience.

WHY YOU WANT TO WORK HERE
We care about our employees, our community and growing our businesses. You are not just a number as we get to know the person behind the name and appreciate each individual’s unique contribution that support our successes.

Our focus is on delivering a sustainable, electrified future for our customers and community, through collaborative leadership and innovative solutions. Our belief system is based on respect, teamwork, communication and excellence in everything we do.

POSITION SUMMARY
The Manager, Corporate Finance oversees the daily operations of both the regulated and unregulated entities and ensures that they are financially compliant. This position is a 12-month contract role with the opportunity for an extension up to 18-months.

As a member of the Corporate Finance Team, the incumbent focuses on maintaining the corporate books and records for Milton Hydro’s Group of Companies. The incumbent supports a ‘whole of organization’ approach by putting sufficient focus on: predicting & responding to customer needs; building an engaged employee culture; and, continually seeking better solutions through productivity, technology & innovation.

The incumbent acts as a business partner to functional business units and supports financial operations to ensure a sound understanding of financial performance and ensure appropriate fiscal responsibility of business leaders. The incumbent ensures compliance with corporate and financial policies, procedures, standards and regulations. The incumbent should have a strong understanding of multi-entity organization structures, understand financial reporting principles, financial planning and analysis, corporate tax, and treasury.

KEY DUTIES

• Manage day-to-day operations of the Accounting department and ensure all activities are completed accurately and consistent with timelines.
• Manage the budget process and create templates and reports to ensure appropriate consolidation and review of budgets.
• Review monthly financials for all corporate entities and manage the finance team to deliver variance analyses to budget and provide rationale for variances.
• Manager the process to develop and consolidate budgets provided by business units and complete required forecasting for financial reporting.
• Manager the accounting processes within the Enterprise Resource Planning (“ERP”) system.
• Maintain the general ledger, complete reconciliations, and ensure accounts are set up in accordance with OEB requirements.
• Manage and approve all accounts payable and accounts receivable and post monthly journal entries.
• Manage and post daily cash receipts, monthly accruals and inventory transactions.
• Communicate and collaborate with department leaders to stay abreast of spending, budgeting and reports.
• Liaise with third-party auditors and provide required documentation to ensure the swift closure of auding activities.
• Provide people leadership and direction through coaching, development, performance management and resource planning.

SKILLS AND ABILITIES

• Demonstrates flexibility and strong teamwork as well as professional and positive attitude
• Strong verbal and written communication skills
• Ability to prepare and administer budgets and prepare detailed analyses and reports
• Demonstrates the ability to problem-solve and solution issues with both systems and processes
• Demonstrates skills in developing and managing financial models, databases and SQL queries
• Is comfortable working in a highly fast-paced environment and can manage multiple competing deadlines
• Advanced MS Office skills, particularly Excel

KNOWLEDGE

• Strong knowledge of rules and regulations within the distribution and retailing of electricity
• Strong knowledge of full cycle accounting including consolidations, setting up controls and procedures
• Managing finance modules within enterprise systems as well as the maintenance of basic data requirements to ensure financial stability
• Intermediate knowledge of IFRS and regulatory accounting
• Intermediate knowledge of OH&SA requirements as it relates to employees/public, the organization and operational requirements

EXPERIENCE & EDUCATION POSITIONS SUPERVISED

• Bachelor’s degree in Business, Accounting or related discipline
• Certified Professional Accountant (CPA)
• 6+ years’ experience in a management position within a Regulatory or Corporate Finance department 

POSITIONS SUPERVISED

• Financial Specialists

APPLY TODAY!

Candidates interested in this position are invited to apply in confidence, by completing their application through the Career Center by end of business day, Friday March 28^th, 2025.  Please attach your resume and cover letter in .docx or .pdf format.

Career Center URL: https://workforcenow.adp.com/mascsr/default/mdf/recruitment/recruitment.html?cid=4c0592a0-eed8-437d-8879-5b12a2bafd8a&ccId=19000101_000001&lang=en_CA

Milton Hydro is an equal opportunity employer and is committed to providing a recruitment process that respects the dignity and independence of all candidates. Should you require accommodation at any stage in the recruitment, assessment or selection process please email hr@miltonhydro.com. We thank all applicants for their interest in Milton Hydro Distribution Inc., however, only those selected for an interview will be contacted.