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Accounting & Financial Analyst

Hydro One6 days ago
Toronto, ON
Mid Level

About the role

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Date: Oct 23, 2025

Location: Toronto, ON, CA

Company: Hydro One Networks Inc

50881 - Toronto - Rotation****12 months

Hydro One is proud to be the largest electricity transmission and distribution provider in Ontario, serving nearly 1.5 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!

General Accountabilities:

  • Report to the Finance Manager, Broadband
  • Utilize existing financial and management systems to gather and consolidate information to produce a variety of business information such as management reports, budgets, business plans, staff plan, cost trends, performance reports, monthly cost reports.
  • Coordinate, assemble and prepare data.
  • Assist in the preparation of monthly forecast.
  • Review existing budgetary, business plan, staff plan and financial control procedures to ascertain their effectiveness and recommend improvements as required.
  • Prepare new or revised procedures and assist in their implementation.
  • Provide advice, guidance, recommendations and assistance to line management on budgets and in the evaluation and explanation of significant variations between budgeted/forecast and actual expenditures.
  • Review cost control and financial reporting procedures, assess their effectiveness and recommend changes or improvements as necessary.
  • Prepare journals and accruals and upload them into SAP.
  • Assist in the preparation of the business plans and budgets, gathering departmental and LOB data and assessing and accumulating information into appropriate formats.
  • Review submitted plans and budgets for accuracy and ensure consistency of budgets with approved Business Plans.
  • Report, analyze and explain budget variances.
  • Provide business support in project administration including release, work order and reporting activities.
  • Review, revise and coordinate reporting systems with a view to assessing their impact to ensure these systems reflect corporate needs.
  • Assess problem areas, discuss with supervisor and assist in the development and implementation of revised systems.
  • Assist in defining requirements and evaluating output produced each year with the objective of providing a clearer picture of ongoing work and the benefits.
  • Assist with corporate financial requirements for regulatory filings, budgets and coordinate with internal objectives.
  • Gather all pertinent data, evaluate and submit recommendations and/or findings to supervisor for consideration.
  • Provide advice, guidance, recommendations and assistance to line management in assessing the business aspects of internal controls, programs and projects, staff and organization plans, cost benefit analysis, and cost allocation.
  • Perform other duties as required.

Selection Criteria:

  • Requires knowledge of business/financial planning and project and cost accounting principles, financial analytical techniques and computer applications to develop, implement and maintain financial control systems.

  • Requires advanced abilities in Excel and Microsoft Suite for analysis, reporting and presentation of relevant information.

  • Requires strong communication skills, verbal and written to effectively interact with internal and external contacts.

  • This knowledge is considered to be normally acquired either through the successful completion of a four-year university education.

  • Recognized accounting designation (CPA, CGA/CMA/CA) or PMP would be beneficial but not required.

  • Experience in preparing and delivering financial or project status presentations to management would be beneficial.

  • Requires experience with computers and applications to develop and apply information systems and use information from systems within the business unit.

  • Requires experience using Excel to develop reports.

  • Experience in SAP would be beneficial.

  • Experience in using and developing BI/BW reporting would be beneficial.

  • A period of over 4 years and up to and including 6 years is considered necessary to gain this experience

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 2025.

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.

Hydro One and its partners/affiliates may use AI to screen, assess or select applicants for the position.

"Employer of the year 2025"

Deadline: November 4, 2025

We thank all applicants for their interest in a career at Hydro One; however, only those candidates who are selected for an interview will be contacted.

Job Segment: Telecom, Telecommunications, ERP, SAP, Accounting, Technology, Finance

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About Hydro One

Utilities
5001-10,000

We bring the light. We’re the energy company devoted to helping customers and communities across Ontario live a better, brighter life. Our employees are deeply dedicated to delivering essential electricity to energize everyday moments. They are what drive our business forward.

With a diverse team of engineers, project managers, power line workers and arborists, field staff, supervisors, new grads, students, electricians and technicians—we share a commitment to energizing life.

If you’re interested in being part of our team, please visit our careers page here HydroOne.com/careers to explore our current opportunities.

If you’d like to learn more about Hydro One and all that we do, visit our website at HydroOne.com