Financial Analyst - External Reporting

52204 - Toronto - Temporary 18 Months 

Hiring salary range: $4,102.00 - $5,860.00 / Bi-weekly

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!

Job Function:

Assist the Corporate Controller’s objective of maintaining financial integrity, compliance, effective financial reporting and achievement of corporate strategies through the delivery of an appropriate business plan and related processes.

Job Description:

1. Assist the Corporate Controller’s objective of maintaining financial integrity, compliance, effective financial reporting and achievement of corporate strategies through the delivery of an appropriate business plan and related processes.
2. Take a lead role in the development of the confidential monthly internal report to the Chief Financial Officer, Chief Executive Officer and the Board of Directors of Hydro One Inc, including preparation and planning of schedules and instructions; assessing and analyzing results; issue identification and resolution and gathering corporate, subsidiary, line of business and other functional unit information and analysis. The report includes budget to actual, confidential net income and capital forecasting and year-over-year analysis of the income statement, balance sheet and statement of net cash flows.
3. Preparation of the monthly presentation to the Ministry of Finance and the Ministry of Energy and Infrastructure, including preparation of all supporting notes and schedules for briefings, and preparation of the quarterly Hydro One fact sheets.
4. Participate in the establishment of financial and internal control policies and guidelines for corporate, subsidiaries, lines of business and other functional units. Perform studies and provide guidance within scope of assigned business area.
5. Participate in the preparation of external consolidated annual and quarterly financial statements and management's discussions and analysis and underlying processes in accordance with generally accepted accounting principles and related securities legislation. This includes assessing and accumulating information and data; preparation of analysis; working papers and issue identification and resolution. Be responsible for specific assigned areas which could include the preparation of Statement of Consolidated Cash Flow and review of contractual obligations to determine appropriate disclosure requirements.
6. Contribute to the development of financial reporting and accounting policy briefing notes and presentations, based on a strong understanding of regulatory accounting principles and International Financial Reporting Standards (IFRS).
7. Keep abreast of current and potential developments in the field of accounting, internal control, external and internal financial reporting, budgeting and planning, finance and regulatory. Includes summarizing and reporting upon regulatory developments from the Ontario Energy Board and other regulatory bodies, including decisions, directives and general accounting applications.
8. Contribute to the reporting process by analyzing inputs received from various groups throughout the organization.
9. Co-ordinate internal control reviews and compliance testing.
10. Coordinate and communicate regular Audit and Finance Committee agendas and annual work plan, ensuring compliance with mandate of the Committee.
11. Prepare schedules and instructions for internal reporting deadlines for the reporting year.
12. Assist the regulatory processes, including providing assistance with the preparation of regulatory financial information in support of OEB quarterly and annual filings; development of written evidence, supporting analysis, working papers and briefings in support the OEB Rate Hearing process; preparation of responses to interrogatories and undertakings; and preparation of USofA financial information for filing purposes.
13. Assist in resolution of day-to-day issues associated with areas of responsibility, attend staff meetings and participate in task forces, as assigned.
14. Perform other duties as required.

Selection Criteria:

Education:

• Requires a knowledge of finance, financial reporting, securities legislation, accounting, economics and mathematics to perform forecasting and develop accounting and financial and internal control policies, business plans, financial statements budgets and standards, including a strong knowledge of International Financial Report Standards and Canadian GAAP to prepare reports.
• Requires a good knowledge of English to communicate effectively with internal and external contacts.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 and a recognized accounting designation (CGA, CMA, CA) or by having the equivalent level of education.

Experience:

• Requires experience in a financial environment to be familiar with developing and implementing financial reporting and accounting processes and procedures.
• Requires experience with various computer systems to prepare and develop financial reports.
• Requires experience with the operations and objectives of the various departments in the business unit 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 8 years and up to and including 10 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 2026. 

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.

"Employer of the year 2026"

Deadline: October 20, 2026

The base salary for this role considers a variety of factors, including candidates' knowledge, skills, experience, education, and any applicable collective agreement requirements for union-represented positions. Hydro One provides an extensive offering of programs to promote a culture of safety, wellbeing, inclusivity, and sustainability to enable our employees to be the best version of themselves. For management roles, compensation is based on the principle of pay-for performance compensation philosophy, and the amount of annual adjustments and incentive payments depends on how well you and the company perform (subject to plan terms). We encourage open dialogue about compensation with our Talent Acquisition Team, who can provide more detailed information specific to this role.

This posting is for an existing vacancy. 

Hydro One uses AI tools to assist in the screening and assessing candidates for this role. Our use of AI does not replace human decision-making.

In the event you are experiencing difficulties applying to this job please consult our help page here.

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.