Specialist, Financial Planning - Mississauga, Canada - Alectra Utilities

Alectra Utilities

Verified Company

Mississauga, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

The Opportunity

Job Posting Number:

Position:
**Specialist, Financial Planning & Analysis

Location:

Mississauga (Derry Rd) (Hybrid: Remote/In-office)**Reports to:
Supervisor, Financial Planning & Analysis

Business Unit:

Finance & Regulatory

Division:
**Financial System, Planning & Analysis

Hours per Week:

35

Rate of Pay:

Number of Openings:

1

Union:

No

Open:

March 14, 2024

Close:

March 29, 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 / Inoffice work based on operational requirements._

Position Purpose:

The Specialist, Financial Planning & Analysis executes the budgeting and forecasting process, and variance analysis. Additional responsibilities include developing financial models, identifying areas for improvement, and providing proactive guidance to achieve financial targets.

Collaborates with business leaders to understand their financial needs, providing financial insights and guidance, and assisting in the decisionmaking process
Preparation of annual budget and quarterly financial statements forecast
Coordinate all annual budgeting and quarterly forecasting activities with business units throughout the organization
Provides direction to management on budgeting process and assumptions
Prepares financial reports, dashboards, and presentation to communicate financial performance, key metrics, and insights to business leaders
Prepares monthly variance analyses and supporting documentation to compare actual financial results against budgets, forecasts, and performance targets
Identifies and investigates key drivers of variances to provide accurate insight and recommendations to management
Gathers and analyzes confidential payroll information for analysis, budgeting, and forecasting activities
Develops reporting templates and tools for financial planning, forecasting, and analysis
Liaises with internal stakeholders to support reporting and provision of financial data as required for the budgeting and forecasting
Ensures the accuracy, integrity, and completeness of financial data by maintaining data models used for financial analysis, planning, and reporting
Provides technical expertise in the planning, design, and implementation of projects and key initiatives
Identifies opportunities to enhance financial planning, analysis, and reporting processes that streamline workflows, automate repetitive tasks, and/ or implement new tools and technologies
Responsible for preparation of annual burden and shared services, quarterly review, and trueup of these allocations
Ensures compliance to legislative, regulatory, and Health & Safety policies, procedures and standards
Performs other duties as assigned

Education & Specialized Knowledge

Postsecondary education in Business Administration, Finance, or Accounting
CMA/CGA/CA/CPA designation
Extensive knowledge of budgeting and forecasting principles,
Strong technical accounting knowledge of IFRS
Experience with IBM Cognos TM1 Platform / IBM Planning Analytics is an asset
Advanced level of knowledge and experience in financial modeling and management reporting
Knowledge of the energy and utility industries, including a solid understanding of the regulatory environment
Superior proficiency with ITbased automated budgeting and reporting tools

Experience

A minimum of 35 years related work experience, including financial reporting and variance analysis
Experience in developing, supporting and using detailed financial models and demonstrated project management skills
Experience working with IBM Cognos TM1, JDE, Microsoft BI, or other ERP systems and databases is an asset
Experience in a unionized utility environment an asset

Skills/Abilities/Competencies

Highly selfmotivated and directed
Ability to follow established processes with a high level of attention to detail and accuracy
Solid problemsolving and analytical skills with the ability to provide practical and/or innovative solutions to complex technical issues
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

How to Apply

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