Finance Analyst, Treasury & Capital Markets

Transalta; Calgary; On-site; CAD 60,000 - 80,000; Full time

Job summary

TransAlta is seeking a full-time Finance Analyst to join their Finance team in Calgary. The role involves supporting treasury initiatives, financial modeling, and managing financial risks. Ideal for entry-level candidates, this position offers growth opportunities in a dynamic environment focused on clean energy.

Benefits

Competitive salary

Annual incentive program

Pension plan with company-matching options

Flexible benefits for you and your family

Vacation and personal days

Employee Rewards Programs

Flexible work arrangements

Annual Wellness Payment

Qualifications

• 1-2 years of relevant experience in Corporate Finance preferred.
• Progress toward or completion of CFA or MBA is a plus.
• Knowledge of capital markets and risk management methodologies.

Responsibilities

• Support execution of treasury projects and maintain financial models.
• Execute hedging programs and prepare materials for investors.
• Provide analytical support for treasury activities and ad hoc projects.

Skills

Financial analysis

Financial modeling

Organizational skills

Time management

Interpersonal skills

Education

Bachelor’s degree or diploma in Finance, Commerce, Accounting

Tools

Microsoft Excel

Job description

Finance Analyst, Treasury & Capital Markets

WHO WE ARE

“Energizing the Future.”
TransAlta owns, operates, and develops a diverse fleet of electrical generation assets in Canada, the United States, and Australia, providing municipalities, industries, and businesses with safe, low-cost, and reliable clean electricity. For over 114 years, TransAlta has been a responsible operator and proud community member where its employees work and live. We are committed to fostering a dynamic, productive, and safe work environment. Our employees contribute to a diverse, open, and transparent culture with clear accountabilities, strong leadership, and challenging opportunities for personal career growth.

ABOUT THE ROLE

We are currently looking for a full-time Finance Analyst, Treasury & Capital Markets to join our Finance team at our Head Office in downtown Calgary.

In this dynamic role, the Finance Analyst will support a broad range of treasury-related initiatives, including corporate funding strategies and financial risk management. The successful candidate will provide key analytical support for treasury and capital markets activities, including financial modeling and analysis to inform corporate credit ratings.

The role involves executing strategic projects such as public and private debt and equity offerings, negotiating bank credit facilities, and project-level debt structuring. A strong understanding of financial instruments is essential, as responsibilities also include managing foreign exchange and interest rate exposures, executing hedging strategies, coordinating hedge accounting activities, and overseeing day-to-day treasury operations.

This position offers an excellent opportunity for an entry-level candidate to contribute to the growth of TransAlta’s business and support its strategy of becoming a low-cost, low-emissions power generation company.

WHAT YOU WILL DO

1. Support the execution and delivery of treasury projects, including capital and bank funding, and private debt placements.
2. Develop and maintain financial models to support financing decisions and broader treasury activities.
3. Assist with due diligence for financing transactions and strategic initiatives.
4. Execute foreign exchange and interest rate hedging programs in line with corporate risk management strategies.
5. Prepare materials for fixed income investors and credit rating agencies.
6. Provide analytical support for treasury activities, including new product launches, funding strategies, ratio sensitivity analyses, budgeting, liquidity planning, audit responses, and board materials.
7. Support ad hoc treasury projects and respond to financial information requests as needed.

WHAT WE NEED FROM YOU

1. Bachelor’s degree or diploma in Finance, Commerce, Accounting, or related business discipline.
2. 1–2 years of relevant experience, ideally in Corporate Finance.
3. Progress toward or completion of a professional designation (CFA or MBA) is preferred.
4. Experience in the power or energy industry is an asset.
5. Strong financial analysis and modeling skills.
6. Advanced proficiency in Microsoft Excel and other financial systems.
7. Excellent organizational and time management skills.
8. Self-starter with the ability to learn quickly and adapt.
9. Knowledge of capital markets, foreign exchange, interest rate risk management, and credit rating methodologies.
10. Strong interpersonal skills for effective collaboration across teams.
11. Willingness to work flexible hours to meet deadlines.

WHAT WE OFFER

We provide comprehensive and flexible benefits, competitive compensation, annual incentives, and a rewards program, including:

• Competitive salary
• Annual incentive program
• Pension plan with company-matching options
• Flexible benefits for you and your family
• Vacation and personal days
• Employee Rewards Programs
• Flexible work arrangements
• Annual Wellness Payment

Join our TransAlta team today! We look forward to your application.

Note: If you don’t meet every qualification, we encourage you to apply. We are committed to building an inclusive, diverse workforce where everyone can be their authentic self.

Our Commitment to Equity, Diversity, and Inclusion

We aim to ensure every employee feels included and valued. TransAlta is dedicated to hiring a diverse workforce, including women, Indigenous Peoples, persons with disabilities, visible minorities, and LGBTQ2+ community members. We believe diversity enhances our performance and workplace culture.