Financial Analyst - Regulatory

London Hydro; London; Hybrid; CAD 86,000 - 123,000; Full time

Benefits offered by this job

Hybrid work arrangement

Comprehensive benefits package

OMERS Pension Plan

Professional development opportunities

Wellness program

Job summary

London Hydro in Ontario invites applications for a Financial Analyst – Regulatory to join our Finance/Regulatory team. You will support regulatory reporting, accounting reconciliations, and analyses related to Ontario Energy Board filings, IESO settlements, and IFRS compliance.

The role requires a CPA or equivalent, a finance/ accounting degree, and at least five years of relevant experience, with strong Excel and MS Office skills.

Qualifications

• CPA designation or equivalent (asset).
• Bachelor's degree in Finance/Accounting/Business from a recognized post-secondary institution.
• Minimum five years of relevant, progressive experience.
• Experience with regulatory filings and reporting in energy sector preferred.
• Strong Excel and MS Office with IFRS knowledge.
• Excellent written and verbal communication and interpersonal skills.

Responsibilities

• Assist with Ontario Energy Board filings and rate applications; contribute to narratives, forecasts, and analyses.
• Perform general ledger reconciliations, journal entries, and complex reconciliations.
• Support IESO settlement processes and annual regulatory filing requirements (RRR, OEB Scorecard, IRM).
• Create and maintain financial reports and statistical analyses for monthly and year-end reporting; respond to external auditor inquiries.
• Monitor operating, capital asset and balance sheet activities; ensure IFRS compliance and internal reporting alignment.
• Perform other duties related to the above job purpose.

Skills

Analytical ability

Communication skills

Cross-functional collaboration

Time management

Education

Bachelor's degree in Finance/Accounting/Business

CPA or equivalent

Tools

Excel

MS Office

G Suite

Job description

We are pleased to announce a vacancy for a Financial Analyst – Regulatory to join our dynamic Finance/Regulatory team. This role offers an opportunity to make meaningful contributions through regulatory accounting activities, including complex reconciliations and insightful financial and statistical analyses. Reporting to the regulatory leadership team, including the Director of Regulatory Affairs and Supervising Accountant – Regulatory, the successful candidate will support the accuracy and timeliness of regulatory reporting, analysis, and communications. The role provides valuable exposure to the complex and evolving regulatory landscape, including matters related to the Ontario Energy Board, the Independent Electricity System Operator, and the Ministry of Energy and Mines.

We encourage candidates who are interested in this opportunity to apply even if they do not meet every qualification listed in the posting. We recognize that candidates may bring a combination of relevant education, experience, skills, and demonstrated potential, and we will consider the overall qualifications and fit of each applicant.

What You Will Do

• Assist with the preparation of documents associated with Ontario Energy Board filings and rate applications (on an assigned basis). Contribute to the preparation of thorough, accurate narrative evidence, forecasts, documentation, and analyses in support of corporate positions, leveraging experience from previous filings and applications.
• Complete various general ledger and/or OEB reconciliations, and journal entries. Handle complex reconciliations and entries independently.
• Understand and support the IESO settlement process and annual regulatory filing requirements (e.g. RRR, OEB Scorecard, and IRM).
• Design, maintain, and complete financial reports and statistical analyses to support financial results. Contribute to the completion of monthly and year-end financial and regulatory reporting as well as the year-end process, including thoroughly and independently completing working papers and resolving external auditor inquiries.
• Monitoring operating, capital asset and balance sheet activities and maintain policies and procedures to ensure compliance with accounting standards and directives issued by the Ontario Energy Board and under IFRS while also accommodating internal financial reporting requirements.
• Perform other duties related to the above job purpose.

What You Will Bring

We welcome applications from all candidates, including those whose knowledge, skills, and experience have been developed through alternative pathways from the requirements listed below. London Hydro, at its sole discretion, may deem a job applicant to meet the job requirements if they have sufficient skill, alternate education, and/or experience related to the role.

• Accounting designation (CPA) or equivalent.
• Successful completion of a relevant Bachelors’ degree or diploma in Finance/ Accounting/ Business from a recognized post-secondary institution considered an asset.
• A minimum of five (5) years of relevant, progressive experience.
• Proven ability to prepare detailed models and related financial data.
• Knowledge and progressive experience in a utility environment covering all regulatory, and legislative matters pertaining to the Ontario electricity distribution industry.
• Strong analytical and time management skills. Committed to accuracy and detail-oriented.
• Excellent written and verbal communication and interpersonal skills.
• Ability to establish and maintain positive and collaborative cross-functional relationships at all levels of the organization.
• Advanced proficiency in Excel and proficiency in other MS Office applications and G Suite.

Why Join Our Team

London Hydro has been recognized by Canada’s Top 100 Employers as one of the 2026 Southwestern Ontario’s Top Employers. This recognition is a testament to our unwavering commitment to excellence and our dedication to fostering an environment where every team member can thrive.

• Competitive Salary $86,000 to $123,000 per annum
• Comprehensive Benefits Package, Including OMERS Pension Plan
• Competitive Vacation days with credit for professional experience
• Maternity/Parental Leaves Top Ups
• Learning & Development Opportunities
• Recognition & Social Programs
• Wellness and Employee & Family Assistance Program
• On-site Cafeteria & Free Fitness Centre
• Corporate Cellphone
• Hybrid Work Arrangement
• Positive, Collaborative and Safety-Focus Culture

Want to learn more about what makes London Hydro a great place to work? Watch our short video https://youtu.be/Pxw0_ZRnSKg, check our Strategic Plan 2025-2030 or visit our website at www.londonhydro.com.

Background Checks & Other Information

The successful candidate will be required to complete a Criminal Record and education check prior to the commencement of employment.

While we appreciate all applications received, only those invited for an interview will be acknowledged. In accordance with Canadian immigration requirements, this advertisement is directed to applicants who are authorized to work in Canada.

London Hydro is committed to fostering a corporate culture and climate that values and supports a diverse, equitable and inclusive organization. London Hydro is an equal-opportunity employer. Accommodation is available under the Human Rights Code and the Accessibility for Ontarians with Disabilities Act. Any personal information submitted will be managed in accordance with the requirements of the Municipal Freedom of Information and Privacy Act and will be used only to determine eligibility for employment.

We recognize the importance of work-life balance. Currently, we offer a hybrid work arrangement (In-Office and Remote) in accordance with London Hydro policy. Please note remote work is not guaranteed in the future and is subject to change.