Mgr, Financial Planning & Analysis
Ontario Power Generation
Toronto, ON, CA, M5G 1X6
3d ago

Ontario Power Generation Inc. (OPG) continues to set the bar for environmental protection, community involvement and economic impact all while safely keeping the lights on.

Now we’ve set our sights on being a net-zero carbon company by 2040 and a catalyst to help the economies where we operate achieve net-zero by 2050.

OPG operates a diverse portfolio of generation assets including nuclear, hydroelectric, biomass and solar. We are also a clean tech leader and innovator, offering challenging and unique work opportunities.

Help us use our power to change the world.

BE THE GENERATION to help build a brighter tomorrow.

JOB OVERVIEW

Ontario Power Generation (OPG) is looking for an analytical and results driven leader to join our team in the role of Manager Financial Planning & Analysis

The role of Manager Financial Planning & Analysis will conduct and administer work engaging in the corporate Business Planning & Reporting organization.

Plan, organize, and schedule work, maintain work quality and quantity, and provide advice and guidance to Business Units and senior management.

Participate as required in the design, development and operation of computerized models in support of short-term and long-range business planning.

Review, identify and implement applications for new model development.

This is an exciting opportunity to work in an environment where you will contribute to OPG’s public outreach, engagement and education efforts as part of the company’s commitment to growing its social license.

KEY ACCOUNTABILITIES

Act as a business expert working independently and as a team member to identify, analyze, and develop alternatives to resolve complex financial issues in the following areas :

  • a) Financial and Business Planning and Modelling
  • b) Financial Forecasting, Regulatory Finance
  • c) Financial implications associated with staffing levels and strategies
  • d) Decision Support
  • e) Cash Flow Statements and Liquidity Analysis
  • f) Taxation
  • Undertake analysis, as requested, to provide recommendations with respect to the financial and regulatory implications of planning scenarios pertaining to corporate business planning, OEB applications and labour related initiatives.
  • Prepare financial information, evidence, and schedules to support rate cases, regulatory hearings and other external requirements or requests
  • Determine the business unit allocation information that will form the annual budget for corporate reporting. Participate in the determination of the appropriate revenue requirement for OPG including any underlining rate riders and variance and deferral account impacts.
  • Provide support for the development of short-term and long-term resourcing and labour relations strategy and collective bargaining negotiations, including costing of various alternatives, proposals and staffing strategies and evaluation of associated financial impacts.
  • Conduct scenario analysis and provide support to senior management strategic decision-making related to generating asset and other business decisions (e.

    g. life extensions, retirements, refurbishments, acquisitions, divestitures etc), including through costing and accounting analysis of associated workforce and labour impacts, resourcing strategies and their implications to collective bargaining priorities.

  • Assess the impact and provide recommendations related to business decision and regulatory outcomes on the company’s financial position and, through financial analysis, support related management recommendations respecting resource allocation decisions as part of short-term and long-range business plans.
  • Respond to requests by the Chief Financial Officer, Senior Management, internal departments, Provincial Government, Ontario Energy Board and other external organizations.
  • Act as a primary interface and liaison with client business units in the development of policies, procedures and guidelines in assigned areas and provide functional advice and guidance to other analysts and management across Finance and other areas within the organization regarding financial planning processes and requirements, financial implications of proposed growth and sustainment scenarios, resourcing / staffing strategies, collective agreement changes, changes in generally accepted accounting principles, and the like.
  • Support the development of corporate strategic direction through financial analysis and modeling
  • Serve as a primary Finance contact with the company’s Labour Relations department / collective bargaining team(s) in preparation for, during and upon subsequent assessment of collective agreement negotiations;
  • provide recommendations based on financial analysis.

  • Carry out supervision of staff such as work instruction and performance coaching in the Business Planning function.
  • Participate in preparing presentations and reports for Senior Management and Shareholder reporting.
  • Complete monthly financial forecasting functions as required for internal and external reporting.
  • Assess and implement changes pertaining to accounting policies / standards and OEB decisions as they relate to the business planning and forecasting.
  • EDUCATION

  • Bachelor’s Degree in accounting, Finance, Business Administration or related field
  • Professional Accounting designation (CPA, CA / CMA / CGA) is required; CPA, CA designation is preferred.
  • QUALIFICATIONS

  • Minimum 3-5 years’ experience in a similar role
  • Experience working in a unionized, regulated industry would be considered an asset
  • Excellent knowledge of Excel, Financial Modelling
  • Exhibit strong leadership qualities and possess well developed analytical and communication skills (verbal and written).
  • Ability to quickly understand business processes and their risk implications, analyze complex situations to reach appropriate conclusions.
  • Possess a valid driver's license
  • The successful candidate will exhibit uncompromising integrity and commitment to upholding corporate values, and the OPG Code of Business Conduct.

    The establishment of our new corporate headquarters slated for 2024, on a campus setting in the Municipality of Clarington located within Durham Region, is an exciting opportunity for OPG to advance our climate change goals.

    This high-tech energy hub will promote innovation and collaboration across the organization and with our partners and suppliers.

    WHY OPG?

    As Ontario’s largest clean energy generator, OPG offers an exciting combination of challenging opportunities and career diversity in a fast-paced work environment.

    Being an OPG employee means you can apply your knowledge, broaden your skills and make a valuable contribution to an organization that is vital to the province’s wellbeing.

    At OPG, our values are our strengths. They are fundamental truths about our organization that don’t change. Safety. Integrity.

    Excellence. People and Citizenship.

    Here's why OPG might just be the ideal workplace for you :

  • Exceptional range of opportunities province-wide
  • Long-term career growth and development opportunities
  • Electricity is vital to the province and OPG’s clean electricity is helping decarbonize other sectors.
  • If you are looking to learn from others and be part of something important, and you are excited about the future of power generation, you will find the right fit at OPG.

    Our promise to you :

  • We care about the safety and the well-being of our employees. It is our utmost priority.
  • A supportive work environment where you can be your best every day.
  • Opportunities to stretch and develop.
  • Offer different ways for you to give back to communities where we operate.
  • We support employment equity, diversity and inclusion.
  • We care about the safety and the well-being of our employees. It is our utmost priority.
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