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About the Role
Hydro One is the largest electricity transmission and distribution provider in Ontario, serving nearly 1.5 million customers. We are focused on providing exceptional customer service and building safe communities. It’s an exciting time to join the team at Hydro One!
Responsibilities
- Support the Corporate Controller’s objective of maintaining financial integrity, compliance, and effective financial reporting and internal control.
- Analyze external consolidated annual and quarterly financial statements and management's discussion and analysis, determining impacts of conversion to International Financial Reporting Standards (IFRS) and US Generally Accepted Accounting Principles (GAAP).
- Ensure preparation and review processes support certification requirements and meet reporting needs of securities regulators and accounting bodies.
- Assist in the preparation of quarterly and consolidated financial statements in US GAAP, annual regulatory subsidiary financial statements in US GAAP or IFRS, and pension financial statements in accordance with IFRS and related securities legislation.
- Keep abreast of developments in financial reporting, including disclosure and financial policy, and develop and communicate new accounting policies and guidelines.
- Provide guidance on the application of generally accepted accounting principles to complex transactions, considering US GAAP and IFRS.
- Assess the impact of the movement to US GAAP on the Company and IFRS on certain subsidiaries.
- Prepare submissions to the Audit and Finance Committee and Board of Directors, including annual submissions on accounting and reporting issues and impacts of US GAAP.
- Perform studies and provide guidance within the scope of assigned business areas, including accounting, external financial reporting, regulatory, financial evaluations, and related budgeting and planning.
- Provide guidance and direction on continuous disclosure requirements necessary to comply with securities regulations.
- Perform analysis of significant differences between US, international, and Canadian GAAP and their impact on the Company.
- Interface with actuaries to prepare actuarial valuation requirements for external reporting purposes, including sensitivity analyses for management's discussion and analysis.
Requirements
- Requires an in-depth knowledge of finance, pension techniques and actuarial valuation, financial reporting, securities legislation, US and international generally accepted accounting principles, economics and mathematics.
- Requires financial experience to prepare financial statements and perform financial analysis in the development of financial and reporting accounting practices and procedures.
- Requires experience in the establishment and interpretation of regulatory and financial policies and guidelines and implementing new accounting and securities legislation.
- Requires experience with the overall operation, functions of major organizational groups, interrelationships within the organization, policy and planning practices and a thorough understanding of how all these aspects are reflected through the management structure of the organization.
- Requires experience to be familiar with various management systems (SAP), controls, policies, procedures, securities legislation and agreements governing Company's activities.
- Over 10 years and up to and including 12 years of experience is considered necessary.
Skills
- Achievement Motivation
- Analytical thinking
- Client & Service Orientation
- Developing Others
- Directiveness
- Impact and Influence
- Initiative
- Information seeking
- Listening, Understanding and Responding
- Strategic business thinking
- Team leadership
- Teamwork
- Communication skills
- Technical reporting
Location
- Toronto
Work Type
- Rotation 24 Months
- Hybrid
Experience Level
- Over 10 years and up to and including 12 years
Education Level
- Four year university education in business administration or commerce with an accounting or finance major and a recognized accounting designation (CGA, CMA, CA, CPA) or equivalent
Salary/Compensations
- $89,250.00-115,500.00 / year
Benefits
- Extensive offering of programs to promote a culture of safety, wellbeing, inclusivity, and sustainability.
About the Company
- 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.
- We’ve 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.
- 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.
- Employer of the year 2026
Equal Opportunity
- 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.