Finance Controller

Toronto, ON, Canada

Job Description


#LI-Hybrid
Status: Full-time, Permanent
Location: Toronto, ON
Working Conditions: Flexible Hybrid Working Environment
Education Level: University Degree in Business Administration, Finance or Accounting; CPA accounting designation is required
Travel: As required
Deadline to Apply: November 16, 2023

Electrify your career and help build a brighter tomorrow.

Every generation has a challenge that defines them. At OPG, we are calling on all innovators, disruptors, thought leaders and change-makers. Join us to electrify life in one generation and build a sustainable future powered by our electricity, our ideas, and our people. Join OPG and make history.

Whether you work in the skilled trades or are a business professional, a career at OPG is an opportunity to electrify your life on -- and off -- the job.

ACCOMMODATIONS
OPG is committed to fostering an inclusive, equitable, and accessible environment where all employees feel valued, respected, and supported. If you require accommodation during the application or interview process, please advise us as soon as possible so appropriate arrangements can be made.

If you require information in a format that is accessible to you, please contact

NEW CAMPUS: In late 2024, OPG is establishing our new campus at 1908 Colonel Sam Drive, Oshawa, Ontario. The new campus will provide a cutting-edge work environment that fosters collaboration and innovation.

JOB OVERVIEW

Ontario Power Generation (OPG) is looking for a results-driven, analytical leader professional to join our team as a Senior Manager in the role of Finance Controller.

Accountable for providing direct support to the Corporate Support Service leadership team, advancing the finance\'s mandate to act as a partner providing effective value-added support for customer needs. This involves providing exceptional, timely strategic decision support, proactive analysis of opportunities and risks, and financial guidance and information to enable each business unit, and the company as a whole, to achieve its objectives.

As a key member of the business finance senior management team, the Controller has a fiduciary responsibility to advocate fiscal responsibility and ensure effective internal controls over financial reporting. In this role, you will help lead a skilled Controllership team that provides a continuous improvement environment by championing relevant best practices, supporting continuous learning, and pursuing efficiency improvement opportunities across the finance function. The successful candidate must bring strong process and reporting improvement skills as well as a strong aptitude for people development, to build a high-performance team and achieve efficiencies in a complex environment.

KEY ACCOUNTABILITIES

  • Overall Financial Management and oversight to ensure that strategic and tactical plans are aligned with OPG goals and objectives;
  • Oversight of multi-year business planning (FP&A), portfolio investment review (projects & business cases), accounting and compliance (internal control)
  • Operate in a consultative role for all matters relating to financial management and accounting guidance;
  • Provide operational and financial reports to support management decisions;
  • Provide the correct interpretation of the Organizational Authority Register and other key finance governing documents.
As the expert on all matters relating to financial management and accounting guidance, and a corporate fiduciary, the Controller shall:
  • Provide proactive advice and guidance to line management related to matters impacting financial results and risk mitigation strategies;
  • Work with site/unit management to establish policies, programs, processes, systems and standards to implement approved corporate strategies;
  • Advocate fiscal responsibility, and ensure best practices are employed in financial management, planning, and in setting operational performance measures;
  • Assist in providing financial risk and value assessments related to base operating activities and outages, business cases, projects, contracts, and life-cycle planning;
  • Develop and implement internal control measures to safeguard all assets within the business unit\'s control;
  • Act as the key point of contact during financial audits, and other business-related initiatives such as the OEB filing, financial performance improvement initiatives, peer reviews and benchmarking studies etc.; and
  • Oversee the appropriateness and effectiveness of internal controls and risk policy compliance procedures for all transactions.
The Controller will oversee the financial reporting function at the site/unit and ensure the accuracy, completeness, and fairness, of the financial records, the existence of all assets, and disclosure of all known financial obligations and risks to the business unit. Related duties will include, but are not limited to, the following:
  • Be the financial process owner for the orderly and efficient month/year-end \'closing of the books\' and timely and accurate preparation of financial statements for the Business Unit operations within strict accounting practices and principles;
  • Production of periodic financial and cost reports
  • Completion of audits/self-assessments of the Business and Travel expenses (Concur), and Purchase Card expenses;
  • Establishing strategies, policies, processes, systems, and standards for business planning, forecasting and budgeting. Overseeing the business planning and budgeting processes and working with site/unit leadership to ensure that the business plan is aligned with corporate business direction and vision;
  • Preparing or assisting in the preparation of the presentation and supporting material of the business plan to the various stakeholders;
  • Assisting line management to develop performance measures and Annual Incentive Plans by establishing both financial and non-financial targets and also in the preparation and analysis of Business Case Summaries to support investment decisions;
  • Support periodic benchmarking studies aimed at improving OPG\'s competitive edge, and providing professional insight into comparative industry practices, and issues pertaining to performance reporting; and
  • Acting as a liaison between the business unit and all other corporate finance functions as required (e.g. Accounts Payable, Accounts Receivable, Credit Risk, Taxation, and Planning).
EDUCATION
  • University degree with an emphasis on Business Administration, Finance, or Accounting;
  • A CPA designation is required.
QUALIFICATIONS
  • A minimum of 7 years of experience is required. Experience gained within a business partnering function in a regulated environment is preferred;
  • Aptitude for Leadership: a minimum of 2 years of management experience effectively leading, influencing, and motivating a team in an accounting or finance department is required;
  • In-depth knowledge of US GAAP and IFRS, identifying key issues and assessing alternative solutions;
  • Requires advanced knowledge of financial planning and analysis;
  • Sense of urgency and decision-making skills conducive to managing priorities and meeting internal and external timelines;
  • A results-oriented focus is essential, as is the ability to work in a fast-paced changing environment and effectively manage several projects simultaneously;
  • Strong interpersonal skills, experience in maintaining productive relationships;
  • Strong written and verbal communication skills; ability to influence and communicate effectively across the company and externally at all levels;
  • Commitment to high standards of regulatory compliance;
  • Ability to navigate organization and support systems to deliver results;
  • Ability to work in a cross-functional environment;
  • A strong drive and a high level of energy, commitment, and enthusiasm to take on complex and challenging situations in a dynamic organization;
  • Proficiency in MS Office (Word, Excel, Access, PowerPoint, and Outlook), including advanced knowledge and experience working with MS Excel required. Comfortable with functions of; Pivot Tables, VLOOKUP, and Macros;
  • Experience working with disparate systems, managing large datasets, creating models and finding workload efficiencies would be an asset;
  • Experience in using IBM Cognos Disclosure Management would be an asset;
  • Experience using large financial and integrated enterprise systems such as SAP would be an asset;
  • Previous experience working for a large to a mid-size accounting firm is preferred; and
  • Experience and exposure from working in/for highly regulated industries such as utilities, energy, power, mining, or the public sector is preferred.
  • Ability to work effectively and efficiently in a flexible hybrid office environment.
The successful candidate will exhibit uncompromising integrity and commitment to upholding corporate values and the OPG Code of Business Conduct.

What Makes a Career at OPG Different?

As Ontario\'s largest clean energy generator, we\'re building, expanding, and innovating the equipment and technology that keeps Ontario powered with clean, reliable energy.
At OPG, our values are our strengths. They are fundamental truths about our organization that don\'t change:
Safety - it\'s our business
Integrity - always lead with integrity
Excellence - never satisfied with good enough
Inclusion - working together for powerful outcomes
Innovation - creativity accelerates possibility

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.
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.
  • Partner with Indigenous communities and support local businesses.
  • We support employment equity, diversity and inclusion.
Are you ready to start a career that has the power to electrify life on and off the job? Apply now.

APPLICATION PROCESS
Please submit your application online at by 11:59 PM E.S.T., on November 16, 2023. OPG thanks all those who apply; however, only candidates considered for an interview will be contacted.

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Ontario Power Generation

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Job Detail

  • Job Id
    JD2256422
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Toronto, ON, Canada
  • Education
    Not mentioned