Job Description

47369 - Toronto - Regular - Ongoing

Hydro 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!

The Growth group at Hydro One is responsible for developing Growth initiatives at Hydro One, generating innovative new business opportunities and helping the company grow its earnings. This role will focus on fleet electrification and will include evaluating and executing on opportunities that will help Hydro One transform itself into a utility of the future, which could additionally include opportunities related to behind-the-meter technologies and services, renewable power, and energy storage, among others.

The Sr. Advisor, Business Development will provide analytical, financial and project management support for various Growth programs and projects. This could include developing new business models that provide new revenue streams to Hydro One (including developing financial models), reviewing opportunities to partner with, invest in, or acquire other companies related to the above areas and helping execute on such opportunities; and supporting the development of an innovation culture within Hydro One.

The Sr. Advisor, Business Development contributes to each project by combining experience and business judgment, with financial and other analysis, the development and delivery of senior-level communications materials, collaborative project management, and other diagnostic and support tools.

General Accountabilities:

Supports Hydro One in making strategic decisions through analysis, business case development, financial or strategic modeling and impactful communication.

With moderate instruction and guidance, performs error-free and insightful research, analysis (financial or otherwise) that supports Strategy & Innovation projects.

Applies understanding of key business drivers to build and maintain financial models, which will often support significant investment decisions. Pressure-tests others\xe2\x80\x99 models and analysis.

Explains and presents complex information in a straightforward way, by developing and delivering communications materials for senior executives up to the CEO and Board of Directors level.

Stays on top of key market developments (technology, regulation, M&A, etc.) within the Power & Utility and wider Electricity / Energy industry that may be relevant to Hydro One

Based on experience, contributes technical advice and insights to projects.

Supports the analysis and preparation of communication materials for budget requests.

Responds to a variety of internal and / or external requests, many of which will not be standard and will require advanced problem-solving approaches.

Performs analysis, valuation support and coordination on due diligences for Mergers and Acquisitions or partnerships. Potentially assist with merger integration.

Actively seeks mentorship and learning to improve product or technical knowledge and skill set.

Selection Criteria:

Bachelor\xe2\x80\x99s degree in engineering, finance, accounting, or related field. Additional specialized education, including masters level degree (specifically an MBA) or equivalent is beneficial

Two to four years of experience in the Electricity Industry (Power & Utilities, Renewables, etc.); other experience in related industries such as Oil & Gas and Mining will be considered

Two or more years of experience developing and analyzing financial and strategic models in an asset / capital intensive industry (preferably Electricity but others will be considered)

Experience at a management consultancy or investment bank would be an asset

Expert level skills in Excel: ability to build financial models and perform analysis

Strong proficiency with Powerpoint

Understanding of financial statements and Electricity Industry concepts

Demonstrated analytical and quantitative skills set: ability to complete a regression, perform complex modeling, statistically literate etc.

An innovative and creative mindset, open to looking at things differently and creating value where it may not first appear obvious

A strong passion for the Electricity industry and a desire to be part of the myriad changes occurring within it (new technology, regulation, government goals, etc.)

Ability to interact effectively with Senior Management

Essential Competencies:

Strong technical, operational and financial analytical capabilities

Highly collaborative work style in working with highly skilled staff (both technical and financial) using influence skills rather than formal reporting authority

Flexible, fast learner that can come up to speed on a problem in an unfamiliar area to start adding value quickly

Ability to handle significant variations in workload in a fast-paced environment

Strong communication skills in presentation development, oral communication and other documentation

Well organized, works well independently and in team settings

Possesses good time-management skills, and is able to work effectively under pressure

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 2023.

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: 15th August, 2023

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Hydro One Networks