Supervisor, Financial Services - Jobs in Rexdale, ON

Job Description

43799 - Rexdale - Rotation - 12 monthsSafety Comes First is a core value at Hydro One, and we remain committed to taking every reasonable precaution to ensure a respectful, safe and healthy working environment. Further to this commitment, we have adopted a COVID-19 Vaccination Policy to protect the health of our employees from the hazard of COVID-19. Employees will be required to either be fully vaccinated or undergo regular rapid antigen testing in order to access a Hydro One worksite.Hydro One is proud to be the largest electricity transmission and distribution provider in Ontario, serving nearly 1.4 million customers. We have a long history in the industry with our roots dating back over 110 years to 1906. Since then, we have worked to grow and evolve to meet the changing needs of our customers and communities across Ontario. Today, we’re focused on providing exceptional customer service and ensuring we are building safe communities where we live, work and play.It’s an exciting time to join the team at Hydro One!Job Function:As group leader, provide supervision and guidance to the team of Financial Services Administrators, Telecom Service Coordinator and admin. Provide ongoing work direction to staff and provide periodic progress checks, identifying and correcting areas of concern. As Group Financial leader or independently, identify, analyze, develop alternatives and provide well-reasoned recommendations to resolve complex financial issues in assigned areas. In addition, provide advice and guidance and financial support to Line Management related to the procedures and requirements for planning, budgeting and reporting of resource costs and Project and Program accomplishments, as directed by the Supervisor. Provide instructions, schedules and templates to the Inergi service provider staff to ensure all required financial and accomplishment data is collected on a timely and accurate basis to meet monthly reporting deadlines. Ensure the Inergi staff is aware of terms of first level analysis. Be responsible to the Supervisor for reviewing all Inergi work and preparing and/or coordinating the required month end reports. Lead all regulatory filings with CRTC. Participate in improving and developing business systems and ensuring adequate financial controls are in place within the Line organization, as required.1. Provide advice and guidance and financial support to Line Management related to procedures and requirements for planning, budgeting and reporting of resource costs and project and program accomplishments. Ensure and be accountable for, the accuracy of Line of Business accounting information by monitoring clients work activities to ensure compliance with approved accounting procedures.2. Provide instructions, schedules and templates to the Inergi service provider for the monthly collection and reporting of resource and accomplishment information. Ensure Inergi understands and provides first level analysis on all data received each month.3. Assist supervisor in communicating and monitoring the application of cost accounting principles in the Line Organization.4. Participate in the preparation of the business plans and budgets, gathering Line of Business data, and assessing and accumulating information into appropriate formats.5. Provide assessment of submitted plans and budgets for accuracy and ensure consistency of budgets with approved Business Plans.6. Identify and participate in ad-hoc projects and studies, as required. Submit, support and monitor ad hoc requests to the Inergi service provider, as appropriate.7. Represent Business Integration Division on various committees, task groups and special studies throughout the corporation.8. Provide advice and guidance to Business Unit Management personnel and other groups for which they are functionally responsible related to financial policies, procedures, business process, and improvement initiatives.9. Review the business systems to ensure that all requirements are met and modified as required to meet changing financial needs.10. As Group Financial leader or independently, identify, analyze, develop alternatives and provide well-reasoned recommendations to resolve complex financial issues in assigned areas11. Provide supervision and guidance to permanently assigned staff with direction and guidance on expected results. Provide ongoing work direction to staff and provide periodic progress checks, identifying and correcting areas of concern.12. Lead the quarterly and year end preparation of annual financial statements and analysis.13. Lead and ensure timely and accurate periodic regulatory filings with CRTC.14. Perform other duties as required.Selection Criteria

• Requires a knowledge of finance, financial reporting, cost accounting, economics and mathematics to develop financial and reporting plans and budgets. Requires a good knowledge of English to communicate effectively with internal and external contacts and to prepare financial reports. This knowledge is considered to be normally acquired either through the successful completion of a four year university education in business administration or commerce with an accounting or finance major plus one year further concentrated study and a recognized accounting designation (CPA - CGA, CMA, CA) or by having the equivalent level of education.
• Requires experience in a financial environment to be familiar with developing and implementing business systems for the collection of financial data processes and procedures.
• Requires experience with various computer systems to prepare and develop financial and reporting reports. Requires experience with the operations and objectives of the various departments in the division, the services provided, the responsibilities of divisional personnel, the accounting, business plans and budget activities and the various financial reports and studies. A period of over 6 years and up to and including 8 years is considered necessary to gain this experience.
• Problems occur during the analysis and assessment of complex cost/benefit issues and in the planning, reporting and financialanalysis of technical financial reports. The resolution of some problems such as those related to critical cost components infinancial statements, follow past practice or precedent and solutions may require modification of analyses to accommodate problem uniqueness. Other problems may surface during the development of business plans for new ventures for which there may be severalalternative solutions available.
• Assignments are received from Supervisor in general terms without specific reference to details unless unusual circumstances arise. Requires referring to Supervisor only in unusual circumstances. Supervisor is required to be kept informed of general work progress
• Requires periodically assigning work with instruction and direction to other staff assisting with the function or working on project teams and seeing that work is performed satisfactorily. Provide ongoing work direction to staff and provide periodic progress checks, identifying and correcting areas of concern.
• Requires collaborating and cooperating with all levels of personnel regarding financial policies, procedures and systems. Requires working with Business Unit staff to monitor and provide advice on accounting matters where there may be some disagreement, or contentious issues arise.
• Requires contact with customers and suppliers to resolve invoice queries, and working towards a mutually acceptable settlement. Requires contact with external agencies on matters pertaining to the release of financial data.
• Requires sound judgment and accurate analysis of financial data and reporting issues impacting on the Business Unit in order to prepare analyses and commentary on financial plans and results. Errors made in any of these processes as well as during new ventures planning could escape early detection and result in inappropriate decisions by management, inefficient use of senior managements time, financial loss, embarrassment to the Business Unit and could require considerable expense and effort to resolve

At Hydro One we understand that the success and strength of our business rests with our people. When we develop their skills, we are investing in both their success and ours. To secure the best talent, we seek to create a workforce that reflects the diverse populations of the communities where we live and work and to create a culture based on safety, innovation and inclusiveness.We are honoured to be recognized by Forbes in its list of Canada’s Best Employers for 2021.Thank you for considering a career with Hydro One, we welcome applications from all qualified candidates. If you are having difficulty using our online application system and you need an accommodation due to a disability, please email careers@hydroone.com. Hydro One will provide reasonable accommodation for qualified individuals with disabilities in the job application process.Please note this email is only for accommodation requests. Resumes sent to this email address will not be considered.Deadline: December 13 2021In the event you are experiencing difficulties applying to this job please consult our help page here.Job Segment: Telecom, Telecommunications, Manager, Financial, Law, Technology, Finance, Management, LegalQuick Apply

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