Financial Analyst - Chatham-Kent, Canada - The MEARIE Group

The MEARIE Group

Verified Company

Chatham-Kent, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Financial Analyst

Chatham, Ontario

Entegrus Powerlines operates and maintains electricity distribution systems for over 63,000 customers in Southwestern Ontario. We are committed to operating with local values in mind, while delivering safe, reliable, and exceptional service to our customers, partners, and communities. A core value of Entegrus is having inspired and empowered people.

MAIN RESPONSIBILITIES

Maintain awareness and understanding of regulatory directives and requirements and assist in ensuring accurate compliance with Ontario Energy Board (OEB) filing deadlines;
Perform reconciliations and detailed analysis to support the filing of the monthly power purchase and regulatory charges settlements with the Independent Electricity System Operator (IESO). Analyze power purchase invoices and complete accounting for monthly power purchase and sales accruals;
Perform reconciliations to support cost of power and other associated Deferral and Variance Account (DVA) balances. Perform reasonableness checks and additional analysis to ensure that the balances meet OEB criteria;
Implement OEB letters of direction, including verifying and arranging timely customer notifications, associated affidavits, processing of cost awards and associated accounting;
Analyze new OEB accounting orders and guidelines and work with Finance to implement new accounting processes; and,
Other duties as assigned, including ad hoc financial analysis.

QUALIFICATIONS
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Education

CPA designation and a university degree or college diploma in Business Administration with an accounting focus;

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Experience - 3-5 years of business and accounting experience. Experience in a rate-regulated accounting environment is considered an asset but is not required;
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Knowledge

Strong understanding of accounting concepts. Familiarity with a utility environment and associated regulatory guidelines is considered an asset;

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Skills - (i) Excellent accounting reconciliation skills and attention to detail, (ii) Strong analytical ability and computer skills, (iii) Strong organizational skills and the ability to multi-task and, (iv) Strong written / verbal communication skills
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Other - (i) Availability to work overtime during busy periods; (ii) Possess and maintain a valid Ontario "G" Driver's Licence with an acceptable Driver's Abstract and the ability to conduct limited inter-office and conference/training travel.

The regular hours of work are from 8:00 a.m. until 4:30 p.m., daily. This is a salaried position and includes compensation and benefits in accordance with the company's non-union benefit program.