Supervisor, Financial Planning & Analysis

Alectra Inc.; Mississauga; Hybrid; CAD 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a strategic Supervisor for Financial Planning & Analysis. This temporary role offers a unique opportunity to lead a talented team while driving financial excellence and regulatory compliance. You will oversee critical financial deliverables, collaborate with various business units, and foster a culture of continuous improvement. This position not only allows you to make a significant impact on the organization but also offers a hybrid working environment that promotes work-life balance. If you are passionate about financial analysis and team leadership, this is the perfect opportunity for you to shine and grow your career.

Qualifications

• 5-7 years of experience in budgeting and forecasting with supervisory roles.
• Strong understanding of budgeting principles and regulatory environments.

Responsibilities

• Oversee financial deliverables and ensure data accuracy for regulatory submissions.
• Lead team in preparing financial analyses and compliance documentation.

Skills

Financial Analysis

Budgeting

Forecasting

Team Leadership

Regulatory Compliance

Advanced Excel

Communication

Problem Solving

Education

Post-secondary education in Business Administration, Finance, or Accounting

CPA designation

Tools

IBM Cognos TM1

Microsoft BI

JDE

Job description

The Opportunity

Job Posting Number: 2024-320

Position: Supervisor, Financial Planning & Analysis (Rebasing)
Temporary #15-18 months contract

Location: Mississauga (Derry Rd)
(Hybrid: Remote/In-office)

Reports to: Manager, Financial Reporting

Business Group: Finance & Supply Chain Management

Division: Planning & Analysis

Hours per Week: 35

Rate of Pay: Commensurate with range and candidate’s experience

Number of Openings: 1

Union: No

Alectra is committed to putting our people first in providing a positive employee experience and a safe work environment. Our Hybrid Workplace policy allows for an effective balance for employees with the opportunity to work in a hybrid environment; a combination of Remote / In-office work based on operational requirements.

Position Purpose:

Are you a strategic thinker with a passion for financial analysis and regulatory excellence? Do you enjoy leading teams and collaborating across functions to deliver meaningful results? As the Supervisor, Financial Planning & Analysis (Rebasing Support), you’ll play a key role in supporting Alectra’s 2027 CIR application. This position oversees critical financial deliverables, leads a talented team, and ensures the accuracy and integrity of the data supporting our regulatory submissions. If you’re ready to drive change, streamline processes, and make an impact, we want to hear from you!

Responsibilities:

Financial Oversight and Analysis

• Oversee reconciliation and preparation of the OM&A continuity schedule and financial reference base in TM1.
• Lead the preparation of OEB OM&A filing exhibits, ensuring compliance with regulatory standards.
• Support the development of application evidence by analyzing and reporting on historical and planned OM&A expenditures.
• Ensure the accuracy and consistency of OM&A-related evidence submitted in regulatory applications.
• Conduct ad-hoc financial analyses to address specific requirements of the rate application process.

Regulatory and Business Collaboration

• Partner with FP&A, Regulatory, and Business Unit leaders to draft evidence and provide actionable insights.
• Coordinate responses to interrogatories (IRs) related to OM&A, ensuring clarity and precision.
• Assist in preparing the Finance witness for technical conferences and oral hearings.
• Collaborate on the preparation of annual burden and shared services evidence and summaries.

Leadership and Team Development

• Provide coaching, performance management, and technical guidance to the rebasing team.
• Foster a culture of continuous improvement, collaboration, and innovation.
• Identify training needs and support the professional development of team members.
• Oversee resource planning and team objectives to ensure alignment with organizational goals.

Process Improvement and Reporting

• Develop tools and templates to enhance reporting, planning, and financial analysis workflows.
• Drive process improvements to streamline data collection and reporting.
• Identify opportunities to implement new technologies and automate repetitive tasks.
• Prepare project updates and recommendations for senior management, providing actionable insights to drive decision-making.

Compliance and Risk Management

• Ensure data integrity and compliance with financial standards, safety policies, and regulatory requirements.
• Identify risks and opportunities related to the rebasing application, offering solutions to address challenges.

Qualifications, Knowledge, Skills and Competencies:

Education & Specialized Knowledge

• Post-secondary education in Business Administration, Finance, or Accounting.
• CPA designation is an asset.
• Strong understanding of budgeting and forecasting principles.
• Technical expertise in IFRS and Modified IFRS.
• Knowledge of the energy and utility industries, including regulatory environments.
• Advanced Excel skills, with proficiency in MS Office applications.
• Experience with IT-based reporting and budgeting tools is an asset.

Experience

• 5–7 years of progressive experience in budgeting and forecasting, including supervisory responsibilities.
• Experience preparing business plans and reports for senior management.
• Familiarity with multi-business or divisional environments.
• Knowledge of IBM Cognos TM1, JDE, Microsoft BI, or similar ERP systems is an asset.

Skills and Competencies

• Proven ability to lead, engage, and develop diverse teams in a collaborative environment.
• Strong analytical and planning skills to assess the impact of decisions effectively.
• Excellent communication skills, with the ability to present complex data clearly and persuasively.
• Skilled in conflict resolution, negotiation, and problem-solving.
• Ability to manage multiple projects and priorities within tight deadlines.

Working Conditions

• Hybrid: This role is based in a hybrid environment, allowing for a mix of remote and in-office work. In-office presence is required two times per week to support team collaboration and business needs.

How to Apply

If you would like to be considered for this position and meet the qualifications, please submit your resume by clicking on the apply button.

Alectra is an equal opportunity employer and is committed to providing a recruitment process that respects the dignity and independence of all candidates. Alectra will consult with all applicants who request accommodation during the recruitment process to ensure that the accommodation provided takes into account the applicant's individual accessibility needs, to the point of undue hardship.

We thank all applicants for their interest in a career with Alectra. Only those selected for an interview will be contacted.