Treasury Analyst, Back Office

Ontario Power Generation Inc.; Oshawa; Hybrid; CAD 1,000 - 3,000; Full time

Job summary

Ontario Power Generation is seeking a Treasury Analyst to support back office operations, manage banking relationships, and ensure compliance with financial policies. The role requires a strong background in finance and accounting, with a focus on risk management and internal controls. Join a leading company committed to sustainable energy solutions and electrifying life in one generation.

Qualifications

• Requires 6 to 8 years in corporate treasury operations.
• Experience with corporate finance, treasury, or project finance is essential.

Responsibilities

• Support operations of the Treasury back office.
• Prepare financial reports and manage banking relationships.
• Monitor Treasury management system and coordinate with IT support.

Skills

Finance

Accounting

Risk Management

Internal Control

Excel

MS Access

Education

4 year University degree

CPA

CFA

FRM

CTP

Tools

Quantum

NEXEN

Bloomberg

Job description

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Status: Regular Full Time
Working Conditions: Hybrid
Education Level: 4 year University degree and a recognized accounting designation (CPA)
Base Location: Oshawa, ON
Temporary Work Location: Toronto, ON
Shifts(s): Days
Travel: 10%
Deadline to Apply:May 29, 2025
Salary Range: $1,704.68 - $2,924.93 Per Week

Electrify your career and help build a brighter tomorrow.

Every generation has a challenge that defines them. At OPG, we are calling on all innovators, disruptors, thought leaders and change-makers. Join us as we work to electrify life in one generation and build a sustainable future powered by our electricity, our ideas, and our people. Join OPG and make history.

Whether you work in the skilled trades or are a business professional, a career at OPG is an opportunity to electrify your life on -- and off -- the job.

JOB OVERVIEW

Ontario Power Generation (OPG) is looking for a dynamic, strategic and results-driven professional to join our team in the role of Treasury Analyst, Back Office.

Reporting to the Senior Manager Treasury, this position is responsible to support operations of the Treasury back office, including confirmation, settlement and accounting processes associated with transactions carried out by Treasury. Support management with accounting processes and procedures, with a focus on risk management, internal control, and compliance with financial policies and procedures. Participate in the development of procedures which relate to financial administration. Support the management of banking and other relationships with counterparties involved in Treasury transactions as required, including the management of bank accounts, associated cash management, and banking services.

KEY ACCOUNTABILITIES

1. Support operations of the Treasury back office, including confirmation, settlement and accounting processes associated with transactions carried out by Treasury.
2. Support the development, testing, and documentation of Treasury management system (Quantum) to capture, confirm, settle, and account for Treasury transactions in compliance with appropriate requirements.
3. Support the development, testing, implementation, and documentation of accounting processes and procedures for Treasury products and services, including processes to capture, confirm, settle, and account for Treasury transactions in compliance with appropriate accounting requirements and applying relevant internal control practices.
4. Ensure quality of financial, management, and compliance reporting. Develop, prepare, and review regular and ad hoc reports. Prepare reports efficiently using tools such as Excel in conjunction with MS Access, NEXEN, and Bloomberg.
5. Monitor operation of the Treasury management system, develop solutions to address current problems, and coordinate interaction with IT support to fix problems.
6. Provide assessments to Directors and/or Managers of department and related work groups in one or more of the following financial disciplines: Financial Accounting, Internal Control, Risk Management.
7. Prepare supporting material for quarterly and annual financial statements, including briefing book, client assistance package for auditor, and other reporting requirements. Provide analysis of changes in critical accounts balances to internal and external parties.
8. Support the management of banking and other relationships with counterparties involved in Treasury transactions as required, including the management of bank accounts, associated cash management and banking services.

QUALIFICATIONS

• Requires a completion of 4 years of university and a recognized accounting designation (CPA).
• A professional designation such as CFA, FRM, CTP, etc. is considered an asset.
• Requires a minimum of 6 years and up to and including 8 years is considered necessary to gain this experience in corporate treasury operations.
• Requires a thorough knowledge of Finance, accounting or business to support the development, testing, implementation, and documentation of accounting processes and procedures for Treasury products and services
• Requires experience with Corporate finance, treasury or project finance. The experience in these areas would be essential to work with internal groups (e.g. finance, Tax, Law etc.) to support accounting processes in Treasury, coordinate with IT support to fix any problems in treasury management system and manage bank relationships with OPG's counterparties.
• Requires proficiency with Excel, MS Access, and macros. Experience with treasury management system preferred.

The successful candidate will exhibit uncompromising integrity and commitment to upholding corporate values, and the OPG Code of Business Conduct.

OPG is committed to fostering an inclusive, equitable, and accessible environment. If you require accommodation during the application or interview process, please contact [e-mail].

This position is moving to OPG Corporate Headquarters: In Summer 2025, OPG will officially welcome employees to our new Corporate Headquarters located at 1908 Colonel Sam Drive, Oshawa, Ontario. This position will be temporarily based in Toronto, ON until the move to Headquarters in the Summer of 2025.

What makes a career at OPG different?

With operations across Ontario and the United States, OPG is one of the most diverse power producers in North America. As the largest generator in Ontario, we meet approximately 50% of the province’s electricity needs, largely from low-carbon sources like nuclear and hydro.

As we work to achieve our vision of Electrifying life in one generation, OPG and our family of companies are also helping advance the development of new low-carbon technologies such as Small Modular Reactors (SMRs), refurbishment projects, and electrification initiatives to help power the growing demands of a growing economy. Join OPG and make history.

Please submit your application online at jobs.opg.com. OPG thanks all those who apply; however, only candidates considered for an interview will be contacted.

#LI-Hybrid

The base salary range considers many factors including, but not limited to experience, education, and training, including any collective agreement requirements for union represented positions. It is not typical for the salary to be offered near the top of the range, and salary is dependent on numerous factors. For management roles, the base salary range does not represent the total compensation package. The total compensation package for regular full-time management roles includes pay-for-performance programs for annual and medium time periods. Maintaining a high-performance culture and excellence is a core expectation of every member of our leadership team and is rewarded through the established compensation framework.

OPG is committed to employment equity. As such, we encourage applicants from equity-seeking communities (Indigenous Peoples, racialized persons, persons with disabilities, and women). We strongly believe that alleviating the under-representation of equity-seeking individuals will create a stronger OPG team and allow us to better serve the needs of our diverse communities.

In order to fulfill the above-mentioned purpose, priority in hiring may be given to qualified persons who self-identify as a member of equity-seeking groups as identified in the application process. This initiative constitutes a special program under the Human Rights Code/Canadian Human Rights Act.