Manager, Strategy & Business Development

Toronto, ON, Canada

Job Description


49651 - Toronto - Regular - OngoingHydro One is proud to be the largest electricity transmission and distribution provider in Ontario, serving nearly 1.4 million customers. We have a long history in the industry with our roots dating back over 110 years to 1906. Since then, we have worked to grow and evolve to meet the changing needs of our customers and communities across Ontario. Today, we\xe2\x80\x99re focused on providing exceptional customer service and ensuring we are building safe communities where we live, work and play.It\xe2\x80\x99s an exciting time to join the team at Hydro One!Job Summary:Assist the Director, Tx Pursuits & Partnerships, through identification and acquisition of target companies in line with Hydro One\'s strategic plan and growth strategy. You will play a key role in assessing and execute business-enhancing corporate transactions.Specific Accountabilities:This includes supporting the Director, Tx Pursuits & Partnerships by:

  • Obtaining and analyzing industry news, developments, and industry trends to provide strategic investment proposals that support Hydro One\'s corporate transactions.
  • Coordinating strategic projects, and assessing progress towards achieving strategic objectives.
  • Leading the effort to analyze and track acquisition targets, including company profiles.
  • Developing and maintaining complex financial models, business cases, sophisticated financial projections and using these financial analyses to make recommendations to management regarding decisions for material corporate initiatives and acquisition targets.
  • Analyzing and interpreting financial information including financial filings and other reports which can be used by management for strategic decisions.
  • Assisting with the management of financial and regulatory due diligence processes in the evaluation of potential opportunities.
  • Playing an active role in the preparation of business cases and other materials including strategy updates for the Executive Leadership Team and Board of Directors.
  • Playing an active role in the post closure monitoring of acquisitions including support for the Executive Leadership Team and Board of Directors as needed.
  • Acting as internal consultant and advisor for key strategic initiatives.
  • Interacting effectively with internal business managers and external advisors and consultants.
  • Contributing to special projects and analyses, as required.
  • Recommending strategies, plans, position and program directions to resolve issues that arise in moving toward realization of the Hydro One acquisition strategy.
  • Identifying and assessing opportunities for new business development which have the potential to further the goals for Hydro One in attaining its strategy and recommend those that merit further development.
  • Creating and continuously improving the analytical models used in support of the Director and team in developing and implementing the strategy.
  • Monitoring and assessing Hydro One\'s progress with respect to achievement of strategic plans and related processes.
  • Supporting the Director in integrating Corporate strategic issues and requirements within the business and in overseeing their consistent application in order to realize the overall Hydro One objectives and direction.
Direct Output/Delegated Direct Output:
  • Executing approved programs/studies resulting from the above
  • Recommendations Coordinating project assignments and studies across Hydro One as approved by the Director.
  • Developing models to support scenario planning studies.
  • Assessing strategic options against future scenarios, including assessing risks and developing alternative plans for mitigating these risks Managerial Accountabilities
Direct output Managing the division and achieve the approved programs and results through:Accountability for the outputs of others:
  • Setting the appropriate context for subordinates (i.e. Corporate and, Hydro One strategies and policies, accountabilities, tasks, budget and programs, compliance and performance targets, expectations for continuous improvement, etc.)
  • Knowing and ensuring own and subordinates compliance with all legal and regulatory requirements and all policies and procedures and generally accepted practices relating to the group\'s work
  • Establishing a two-way working relationship with subordinates to solicit their views of conditions and potential changes affecting their work and continuous improvement opportunities.
  • Ensuring subordinates are able and willing to produce the desired output and that subordinate managers are continually improving the processes for achieving the outputs.
  • Conducting personal effectiveness reviews of subordinate managers/specialists to build relationships and trust and improve effectiveness.
  • Mentor and counsel subordinates, providing leadership to subordinates, so that they collaborate competently, and with full commitment, with Director and with each other in pursuing the goals set, Providing a safe and healthy work environment.
Minimum Qualifications & Skill Requirements:
  • 6+ years of progressively senior work experience.
  • An undergraduate degree in engineering, finance or commerce; Accounting designation, MBA, CFA or equivalent considered an asset.
  • Analytical and quantitative skill set including the ability to understand, develop and analyze complex financial and strategic models.
  • High level of proficiency in Microsoft Office - Excel, Word, PowerPoint.
  • Ability to work within a fast-paced, demanding and dynamic team environment and ability to deliver timely results.
  • Ability to work collaboratively across business units.
  • Understanding of financial statements and capital markets.
  • Strong work ethic and excellent written and verbal communication skills.
Additional Qualifications & Skill Requirements:
  • Prior work experience in Electricity Industry (Power & Utilities, Renewables, etc.), investment banking, corporate development, strategic consulting or private equity considered an asset.
At Hydro One 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\xe2\x80\x99s Best Employers for 2024.Thank you for considering a career with Hydro One, 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.Please note this email is only for accommodation requests. Resumes sent to this email address will not be considered.Deadline: June 10, 2024In the event you are experiencing difficulties applying to this job please consult our help page .

Hydro One Networks

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Job Detail

  • Job Id
    JD2303179
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Toronto, ON, Canada
  • Education
    Not mentioned