Analyst, In-Service Capital Reporting

Location

Vaughan, ON | Canada

Job description

The Opportunity

Job Posting Number:

2024-075

Position:

Analyst, In-Service Capital Reporting

Location:

Hamilton (John St), Mississauga (Derry Rd) or Vaughan (Cityview) (Hybrid: Remote/In-office)

Reports to:

Supervisor, Capital Reporting

Business Unit:

Asset Strategy & Operations

Division:

Capital Reporting

Hours per Week:

35

Rate of Pay:

Commensurate with range and candidate’s experience

Number of Openings:

1

Union:

No

Open:

February 29, 2024

Close:

March 21, 2024

Alectra is committed to putting our people first in providing a positive employee experience and a safe work environment. Our Hybrid Workplace policy allows for an effective balance for employees with the opportunity to work in a hybrid environment; a combination of Remote / In-office work based on operational requirements.

Position Purpose:

The Analyst, In-Service Capital Reporting supports the Capital Reporting team in gathering financial data for budgeting, forecasting and variance analysis purposes as it relates to capital additions. The role develops the creation of tools and reports to enhance the financial visibility and assessment of operations.

• Collects, analyzes and disseminates financial and operational data as it relates to capital additions
• Monthly reporting and quarterly forecasting of capital additions results vs. budget including variance analysis commentary
• Supports the Capital Reporting team with in-service capital additions reporting including creating & developing a process for obtaining capital addition data and incorporating into the month end reporting for variance analysis
• Reconciling results to continuity schedule with ability to drill down to WOs and alignment with budgeted data
• Assist with the preparation of annual budgets for capital additions
• Partner cross functionally with PDG and Operations to obtain understanding of timing of expected capital additions and changes to plans
• Analysis and tracking of WIP balance including identification of aging WOs and forecasted WIP balance based on planned expenditures and additions
• Benchmarks and identifies areas where performance of projects is below anticipated target and works with business partners to understand cause
• Ensures all reporting is in compliance with International Financial Reporting Standards (IFRS), Ontario Energy Board (OEB) reporting requirements, annual budgeting process, monthly forecasts, and cost of service filings
• Assists in the preparation of the Distribution System Plan (DSP) and other regulatory filings as required
• Prepares research, financial models, business evaluation, and due diligence to support business strategy and development
• Identifies opportunities to streamline or automate processes to continuously improve service delivery
• Ensures compliance to legislative, regulatory and Health & Safety policies, procedures and standards
• Performs other duties as assigned

Education

• Post-secondary education and/or a professional designation

• CPA designation or equivalent experience in business administration, finance or accounting would be an asset

Experience

• A minimum of 5 years related work experience, including financial planning and analysis

• Experience in developing, supporting and using detailed financial models and demonstrated project management skills

• Accounting experience including understanding of capital assets

• Experience in a unionized utility environment an asset

• Familiarity with reporting in a regulated industry

Skills/Abilities/Competencies

• Ability to create & develop processes with a high level of attention to detail and accuracy

• Strong problem-solving and analytical skills with the ability to provide practical and/or innovative solutions to complex technical issues

• Advanced Excel skills including data modelling using Pivots, VLOOKUP’s, Index Match. Knowledge of Power BI would be an asset

• Strong excel skills with PBI experience an added benefit

• Strong communication skills including verbal, written and experience presenting to non-financial personnel

• Strong written and presentation skills, with the ability to explain technical information in an organized and concise way

• Ability to plan, prioritize and execute multiple projects and initiatives within established timelines

• Ability to build and maintain collaborative working relationships with internal and external stakeholders

• Must hold and maintain a valid class “G” driver’s license

Specialized Knowledge

• Strong knowledge of financial and accounting principles and practices

• Proficiency with technology applications/systems including MS Office, advanced skills in Excel and working knowledge of PBI

• Working knowledge of JDE Enterprise Resource Planning (ERP) system and Hubble reporting software

• Knowledge of the energy and utility industries, including a solid understanding of the regulatory environment and a fundamental knowledge of electrical distribution systems

How to Apply

If you would like to be considered for this position and meet the qualifications, please submit your resume by clicking on the button below.

Should you have any questions regarding this opportunity, or need assistance in applying for the posting, please send your inquiry to [email protected] .

You can also submit a resume for us to keep on file and review as new opportunities arise that might be the right fit for your skills and experience.

Alectra is an equal opportunity employer and is committed to providing a recruitment process that respects the dignity and independence of all candidates. Alectra will consult with all applicants who request accommodation during the recruitment process to ensure that the accommodation provided takes into account the applicant's individual accessibility needs, to the point of undue hardship .

We thank all applicants for their interest in a career with Alectra. Only those selected for an interview will be contacted.

Job tags

Salary