Director, Finance

At Hydro Ottawa, we empower the lives of the people in the communities we serve. 

As the electricity distributor to the Nation’s Capital, our work powers the essential activities that make up our lives - at home, at work and at play. And as Ontario’s largest municipally-owned producer of green power, we are leading the way to a greener tomorrow. 

We are seeking a Director, Finance a change champion and innovative leader ready to embrace the opportunity to guide and mentor others, and enable them to do their best work. And in doing so, to leave a legacy.  

Are you ready to make a difference in our community?

JOB SUMMARY

The Director, Finance is a key member of the senior management leadership team, responsible for overseeing the financial health and stability of the organization. This encompasses strategic financial planning, risk management, financial reporting, accounting, and budgeting across all subsidiaries. 

MAJOR RESPONSIBILITIES:

Strategic Financial Planning and Risk Management

• Lead the development and implementation of the organization's financial strategy, ensuring alignment with the overall corporate strategy.

• Oversee financial risk management, identifying and mitigating potential risks to the organization's financial stability.

• Analyze financial performance, identifying trends and opportunities for improvement.

• Advise senior management on financial matters and provide strategic recommendations to drive growth and profitability.

Financial Reporting and Accounting

• Ensure accurate and timely financial reporting, complying with all relevant accounting standards and regulatory requirements.

• Oversee the preparation of financial statements, budgets, and forecasts.

• Manage relationships with external auditors, ensuring a smooth and efficient audit process.

• Oversee internal controls and ensure compliance with financial policies and procedures.

• Lead a team of financial professionals, including managers of corporate financial planning and analysis, accounting, and financial reporting.

Budgeting and Forecasting

• Oversee the development and implementation of the annual budget for all subsidiaries.

• Manage the forecasting process, providing regular updates to senior management on financial performance.

• Monitor and analyze financial performance against budget and forecast, identifying variances and taking corrective action as needed.

• Develop and implement cost control measures to improve profitability.

• Manage the electricity rate submission process for Hydro Ottawa Limited.

Other Responsibilities

• Represent the organization in financial matters with external stakeholders, including committees, board and regulatory bodies.

• Lead or collaborate on other financial projects as required.

• Perform other duties as required.

EDUCATION AND EXPERIENCE

• Pro