FINANCIAL ANALYST

FINANCIAL ANALYST

Oshawa Power, a subsidiary of Oshawa Power & Utilities Corporation, and affiliate of fiber optic, district energy and renewable generation businesses, is the local hydro-electric distribution company that supplies electricity to more than 60,000 customers in the city of Oshawa. Located just 45 minutes east of Toronto off the shores of Lake Ontario, Oshawa serves as the economic engine for the Durham Region. Home to Lakeridge Health, Durham College and Ontario Tech University, Oshawa boasts a diversified economy ranging from advanced manufacturing and power generation to information technology and transportation. 

Oshawa Power maintains 1000 km of overhead and underground distribution lines within a 150 km² service territory, operated at 44 and 13.8 kV, supplied by 9 distribution and 3 transmission substations. The organization is committed to the safe, reliable and efficient delivery of electricity through responsible financial management, strategic reinvestment and continuous innovation. 

POSITION SUMMARY: 

Reporting to the Manager, Financial Planning, Analysis, & Reporting the successful candidate will be primarily responsible for supporting the unregulated operations from a financial and accounting perspective through month end close activities, including the presentation of financial information and providing reliable information and analysis, on a timely basis. This position will also support both the regulated and unregulated operations from a budget, forecasting and reporting perspective. 

Responsibilities & Duties: 

• Assist with budget, forecast, planning, and analysis related activities, including but not limited to: preparation of forecast and budget templates, monthly departmental reports, and analysis of budget to actual variances.
• Prepare month end journal entries primarily for the unregulated operations
• Reconcile balance sheet account balances and prepare reconciliations on a monthly or quarterly basis.
• Prepare & maintain monthly financial reports for the group of OPUC companies, as well as by project/investment/business line.
• Support continuous improvement and productivity initiatives within the overall financial function
• Ensure compliance to legislative, regulatory, accounting and Health & Safety policies, procedures and standards
• Respond and resolve day-to-day accounting related queries/problems from various departments
• Assess and document accounting processes and procedures
• Support new software implementations and upgrades
• All other duties as assigned 

Qualifications:

• Bachelor’s degree in Accounting, Business Administration, Finance or similar discipline;
• Enrollment in the CPA (Chartered Professional Accountants) program considered an asset.
• 3-5 years of Finance/Accounting experience in relevant environment or related field, with working knowledge of IFRS accounting guidelines
• Demonstrated experience with accounting, financial reporting, budgeting, and forecasting.
• Demonstrated ability to build relationships, collaborate with cross-functional teams, and work with and across various business units within the organization
• Advanced Excel skills are essential.
• Attention to detail and excellent analytical, reasoning and time management skills
• Ability to perform detailed reconciliations and numerical analysis
• Excellent interpersonal and problem-solving skills with the ability to maintain professional and effective working relationships.
• Commitment to safety, teamwork, respect in the workplace and continued improvement of processes and procedures.
• Self-starter; highly motivated and able to work independently; asks for help when required; willing to learn and adapt to new technologies; flexible when situations change; able to work in an ambiguous environment; a good work ethic with a positive approach to work and co-workers
• Demonstrated excellent verbal and written communication skills
• Strong organizational skills and ability to manage multiple priorities and meet strict deadlines 

Application Process:

Interested and qualified applicants are invited to submit their resume including work experience, education and references by July 8, 2022 to Human Resources at: careers@opuc.on.ca 

Thank you for considering a career with us. We thank all applicants but only those selected for an interview will be contacted. If you need an accommodation due to a disability, please email us. We will provide reasonable accommodation for qualified individuals with disabilities in the job application process.