Posting Date: Jul 30, 2026 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. 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. 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. Support month-end, quarter-end, and year-end reporting activities, ensuring the timely and accurate recognition of capital assets and in-service asset reporting.

Identify, assess, and implement improvements to capital accounting processes, controls, and reporting to enhance accuracy, efficiency, and compliance. Monitor and evaluate financial risks and internal controls, ensuring adherence to accounting standards, regulatory requirements, and organizational policies. Perform financial analysis and reporting to support business planning, forecasting, and strategic decision-making.

Participate in special projects and finance initiatives as assigned. Three (3) or more years of progressive financial analysis experience Bachelor’s degree in Accounting, Business Administration, Finance Working knowledge of accounting principles and International Financial Reporting Standards (IFRS), particularly related to capitalization and fixed assets. Advanced proficiency in Microsoft Excel and strong working knowledge of Microsoft Office applications, including PowerPoint and Word.

Experience working with complex ERP systems,



preferably SAP, and the ability to analyze and manage large, complex datasets. Demonstrated ability to build collaborative working relationships and provide effective customer service. To support the overall well-being and success of our employees, Toronto Hydro provides a comprehensive total rewards package which includes: ~24/7 access to Employee & Family Assistance Program and Virtual Healthcare ~ Company-paid life insurance and long term disability ~ Spending account to support fitness goals (e.g. gym memberships) ~ Competitive paid time off (including vacation and parental leave) ~ Defined Advantages Pension Plan through OMERS ~ This position is based in a hybrid environment allowing for remote work two days per week, based on business needs.

You are expected to live in Ontario and within reasonable commuting distance of the office.

Toronto

Hydro is committed to leveraging new technologies to support an efficient and inclusive recruitment process. As part of this, artificial intelligence (AI) systems may be used to assist in screening, assessing, or selecting applicants for this position.

Toronto

Hydro is committed to fostering an inclusive and accessible recruitment process. Thank you for considering a career with Toronto Hydro. If you're having difficulty using our online application system and require accommodation, please email [email protected] Hydro is pleased to provide reasonable accommodation for qualified individuals throughout the job application process.

📌 Financial Analyst Industry Analysis (Toronto)
🏢 Toronto Hydro
📍 Toronto