Finance Manager - Technology

Hydro One Networks Inc; Toronto; On-site; CAD 108,000 - 140,000; Full time

Job summary

A leading electricity provider in Ontario is seeking a detail-oriented finance leader for its Digital and Technology Solutions division. This role involves overseeing financial management, forecasting, and operational reporting practices. The ideal candidate will possess a strong financial background, particularly CFA/CPA, alongside the analytical and leadership skills necessary to drive technology project success and ensure compliance with financial controls. Competitive compensation offered in a dynamic work environment.

Qualifications

• 10+ years of experience in managing technology projects.
• CFA/CPA preferred.
• Understanding of financial frameworks and technology systems.

Responsibilities

• Oversee financial management of Digital and Technology Solutions.
• Drive labour analysis and costing.
• Lead project cost allocation modelling.

Skills

Financial management

Analytical skills

Leadership

Project management

Education

BA or BSc in Computer Science, Engineering or equivalent

Tools

MS Office Suite

Project management software

Job description

Location: Toronto, Regular.

Hiring salary range: $108,035 - $139,810 per year.

Hydro One is proud to be the largest electricity transmission and distribution provider in Ontario, serving nearly 1.5 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’re focused on providing exceptional customer service and ensuring we are building safe communities where we live, work and play.

We are seeking a detail-oriented and strategic finance leader to oversee financial management and operational reporting activities for Hydro One’s Digital and Technology Solutions division. This role will oversee all financial forecasting, results, and transaction processing, drive labour analysis and costing, project cost allocation modelling, and oversee productivity reporting while ensuring compliance with financial controls. The ideal candidate will have a financial background (CFA/CPA preferred) and combine strong analytical skills with the ability to lead a team in delivering timely and insightful financial reporting. They should also possess a comprehensive understanding of financial frameworks as it intersects with technology systems and processes.

Job Function

Work closely with line of business stakeholders to influence and address their use of technology to improve their processes and work functions. Take an active role in the annual work program of complex technology projects over the full project life-cycle. Provide leadership, guidance and technical expertise in the management of projects, directing staff, contractors and vendor personnel with respect to execution of projects, monitoring of activities and achievements, maintenance of schedules and monitoring of costs.

Job Description

Specific Accountabilities

• Work closely with a variety of groups within the Company on several aspects of the annual program development and delivery function, including investment plan, business plan, budget, business case approvals, planning activities focusing on the integration of system and technology plans with the goals, objectives, budgets and strategies of the various line organizations. Be responsible of how the business will evolve through deployment of new technology.
• Work collaboratively with the other direct reports within the Department and stakeholders from lines of business to integrate diverse requests for technology changes relative to strategies and objectives, evaluate options and synthesize optimal specifications and timely plans for enhancements to the technology platform. Coordinate stakeholders to create consensus on requirements which will be translated into business applications. Facilitate documentation of these requirements. Ensure projects remain aligned to business strategies and requirements and account for ongoing sustainment impacts in a proactive fashion.
• Work with other utilities, regulatory bodies, professional services organizations, system software vendors and key stakeholders inside and outside of Canada as required to facilitate the timely and cost-effective delivery of the appropriate scope of projects in the best interest of the Company. Influence these other parties to adopt a course of action that is suitable for the Company. Liaise with specialists within and outside the company for the exchange of data and consultation in areas of mutual interests and to integrate the recommendations into the overall strategies and program plans. Make progress reports to supervisor and stakeholders at significant stages of work development.
• Manage staff engaged in the development and implementation of complex projects. Plan, schedule and assign the work, provide guidance and check the work to maintain quality, accuracy and productivity. Select an optimum course of action and make recommendations to Supervisor where alternative solutions are available.
• Manage staffing needs, interview/selection process, staff development and adherence to HR/Corporate policies and administer department budget. Monitor work progress and quality; conduct performance reviews and provide direction on problem areas. Provide effective recommendations to Supervisor concerning promotions, transfers, pay, disciplinary action, etc. of staff within the department per collective agreements. Develop succession plans and provide on the job staff development. Monitor and recommend changes to control and meet targets.
• Take an active role in highly complex multi-year projects aimed at implementing required new functions, system evolution and sustainment refresh of the technology supporting multiple lines of business within the Company. Manage several small to mid-size projects while estimating, planning and overseeing entire program of in-scope projects being implemented by other project managers, technical staff and service providers.
• Help create and support implementation of Project Management best practices within the Program Management Office. Facilitate, with other areas of BIT, the application of standards, methodologies and architectures. Lead and coordinate the review and evaluation of proposals. Negotiate contracts with external stakeholders and contract changes, project change orders, work schedules and requirements changes, as required to meet project objectives.
• Manage and maintain project plans, develop action plans for issues, track risk mitigation plans, make recommendations as necessary to advance project. Review project and project status documentation for integrity, accuracy and timeliness. Report on project status and metrics including progress, earned value metrics, baseline, forecast and actual dates, costs and scope to external and internal stakeholders. Create & maintain a project library and coordinate the collection and filing of project documentation for audit and continuous improvement purposes.

Managerial Accountabilities

• Manage and motivate staff and contractors on projects to deliver project methodology results within budget and schedule. Negotiate and influence behaviour of vendors and service providers to achieve desired results.
• Communicate and translate Hydro One Strategies and direction to staff, contractors and vendors to align project objectives in achieving goals within the Strategy.
• Build team alignment amongst staff, contractors and vendor personnel with diverse backgrounds many of whom will be working together for the first time, for during the duration of a project.
• Demonstrate business acumen by translating technical options into business objectives.
• Resolve technical, business and personnel issues; raise unresolved issues in a timely manner to supervisors.

Accountability for the output of others

• Set appropriate expectations, priorities and context for subordinates (i.e., Corporate and Network Asset Management objectives, strategies and policies, accountabilities, tasks, budget and programs, compliance and performance targets, expectations for continuous improvement, etc).
• Work with supervising subordinates to set an effective framework of policies and procedures for the work of the unit. Know, and ensure own and subordinates’ compliance with all legal and regulatory requirements and all Hydro One corporate and business unit policies and procedures, and generally accepted practices relating to the work of the business.
• Establish a two-way working relationship with subordinates to solicit their views on conditions and potential changes affecting their work, and establishing continuous improvement program opportunities. Maintaining a team that is capable of producing the outputs required.
• Contribute to the development and implementation of a staffing strategy for the Operations Technology Department that will ensure the long term sustainment of the high expertise resources required for this function. Develop and mentor subordinates and implement other strategies to ensure smooth succession.
• Ensure staff is able and willing to produce the desired output. Assess staff capability to do the required work now and in the future. Conduct staff performance reviews to improve staff effectiveness.

Providing a safe and healthy work environment

• Provide staff with appropriate knowledge, skills, information, work procedures and equipment to facilitate responsible behaviour which will protect their safety and contribute to their health.
• Provide a work environment and facilities where health and safety incidents are minimized and employees are not dissatisfied.
• Provide a work environment that supports and values diversity and is free from harassment.
• Know and ensure that subordinates comply with all legal and regulatory requirements, Corporate business unit and local policies and procedures, and generally accepted practices related to their work.

Selection Criteria

Technical Knowledge

• BA or BSc in Computer Science, Engineering or other equivalent education.
• At least 10 years experience and track record of managing and delivering technology projects over the full project life-cycle.
• Strong knowledge and experience with application software packages and network/telecommunication and hardware solutions.
• Strong knowledge and experience with the unique aspects of critical real-time applications.
• Experience with Electricity Transmission and Distribution Operations would be an asset. Requires experience related to business planning and budgeting, work program development and prioritization, business case approval processes and policy development.
• Requires a knowledge of business writing for the preparation of business planning documents, presentations, business case approval documents, briefing materials, etc.

Demonstrated Management Skill

Demonstrated Management Skil