Financial Analyst

About this role

Expected Salary Range: $80487 - $100609 Annually

Target Variable Performance Pay: 8%

*The salary range shown above reflects the expected compensation for this position.* *The final salary offered will be determined based on a holistic assessment of the candidate’s experience, education, training, and alignment with the role’s requirements. For positions covered by a collective agreement, placement within the range will follow the applicable step or classification.*

Reporting to the Manager, Capital Accounting & Reporting, the Financial Analyst plays a critical role in supporting the financial stewardship, governance, and execution of Toronto Hydro's capital investment portfolio. As a trusted finance partner to operational and project teams, the incumbent provides insightful financial analysis, reporting, forecasting, and accounting expertise that enable sound investment decisions, optimize capital expenditure utilization, and ensure compliance with regulatory and accounting requirements.

The Financial Analyst is responsible for delivering accurate and timely financial information, supporting month-end and year-end activities, strengthening internal controls, and driving continuous process improvements across the capital accounting function. The role contributes directly to effective asset lifecycle management, financial transparency, and the successful delivery of Toronto Hydro's capital program.

*This posting is for an existing vacancy.*

KEY RESPONSIBILITIES:

• Analyze capital project expenditures to ensure appropriate capitalization, asset classification, cost recoveries, and compliance with IFRS, corporate policies, and internal controls.
• Partner with business units and project teams to provide guidance on accounting requirements, capitalization policies, financial impacts, and documentation standards.
• Review project agreements and contracts to determine appropriate third-party cost recoveries and accounting treatment.
• Sup...