Strategy and Innovation University - Toronto, Canada - Hydro One Networks Inc

Hydro One Networks Inc

Verified Company

Toronto, Canada

1 week ago

Posted by:

Sophia Lee

beBee Recruiter

Description

49556 -
Toronto -
Temporary -
4 Months

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

Co-op - Strategy & Innovation University Student

You will be a member of the above group, which is responsible for:

The Strategy & Growth group at Hydro One is responsible for developing transformative business strategies to produce earnings growth and diversification through commercial operations and is central to accelerating innovation and advancing the role Hydro One will play in the energy transition.

This would involve working with other business units to enable execution of priority initiatives, generating and evaluating innovative business opportunities to complement traditional utility operations and adjacencies, such as investments in Venture Capital funds, a suite of 'behind-the-meter' products and service offerings, electric vehicle charging infrastructure, renewable power, data monetization etc.

Job Responsibilities:

Conduct market analyses to identify emerging industry trends, commercial business opportunities, service offerings, and business models within the electricity industry
Assist with execution of the corporate business strategy by working with/supporting other business units; this may involve organizing workshops, developing presentation material and facilitating the rollout of strategic initiatives
Support evaluation of potential opportunities through business case development and financial modeling
Explain and present complex information in a straightforward way, by developing and delivering communications materials for senior executives up to the CEO and Board of Directors level.

During their term the student can expect to learn technical skills such as:

Opportunity to learn about the utility operations, business models and transformative corporate development activities at one of the largest electric utilities in Canada
Identifying and developing innovative growth opportunities that could potentially lead to new business units and product offerings in the market
Building effective leadership, negotiation and facilitation skills through engagement with potential partners, vendors and commercial affiliates
Develop organization/time management skills as the group works with broader mandate on short timelines.
Opportunity to build/demonstrate strong analytical and financial accounting skills

Selection Criteria:

Currently in the 3rd year of a Bachelor's degree program in engineering, business, finance, accounting, computer science, or related field
Experience in the Electricity Industry (Power & Utilities, Renewables, etc.)is preferred; other experience in related industries such as Oil & Gas and Mining will be considered.
Experience developing and analyzing financial and strategic models in an asset / capital intensive industry (preferably Electricity but others will be considered)
Expert level skills in Excel: ability to build financial models and perform analysis
Strong proficiency with Powerpoint
Understanding of financial statements and Electricity Industry concepts
Demonstrated analytical and quantitative skills set: ability to complete a regression, perform complex modeling, statistically literate, etc.
An innovative and creative mindset, open to looking at things differently and creating value where it may not first appear obvious
A strong passion for the Electricity industry and energy transition and a desire to be part of the myriad changes occurring within it (new technology, regulation, government goals, etc.)
Ability to interact effectively with Senior Management

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 2024.

Deadline: 20 May 2024

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