Elexicon Energy is the fourth-largest municipally owned electricity distributor in Ontario. Our mission is to provide our customers with reliable, affordable energy services and to continuously improve to meet their needs, while ensuring the needs of our shareholders are met through sustainable growth.
WHY JOIN OUR TEAM?
At Elexicon Energy we believe in living and leading our values through our daily actions. Our people are passionate about what they do and are engaged in day-to-day operations, projects and initiatives to support Our Why of empowering the communities we serve and helping customers create the possibilities that energize their future. This is an exciting time to join our growing team as we develop the strategies and plans to support a new brand and vision for customer centricity and operational excellence!
GENERAL DESCRIPTION
Reports to Manager, Financial Reporting & Controller and supports the financial reporting activities of the company. This position also assists in tax and tax audits, treasury and cash management.
DUTIES AND RESPONSIBILITIES
Manages and executes on goal-oriented tasks and/or projects established by the Manager to achieve departmental objectives.
Prepare, maintain and create financial statements and reports in Cognos Disclosure Management (CDM) and Microsoft Management Reporter (MR).
Prepare financial statement variance analysis and commentary.
Assists with the review and preparation of financial statements as well as complete, timely, and comprehensive monthly and yearly working paper files and analyses.
Assists with preparation for external financial audit.
Prepare ongoing reconciliations between IFRS and OEB reporting requirements.
Prepare corporate tax returns, tax installment remittances, assist with tax audits and liaise with auditors on tax matters.
Perform IFRS research and assist with developing accounting policies and procedures to comply with IFRS, tax requirements, and management reporting requirements.
Prepare internal documentation and position papers to comply with IFRS, tax requirements, management reporting requirements and any OEB decisions or orders in the application of IFRS.
Interpret accounting requirements as per new legislation and regulations and assist with ensuring compliance with accounting pronouncements.
Review, assess and improve internal financial controls and reporting.
Assists with the cash forecasting activities for the organization, including day to day cash balance management and cash forecasting.
Assists with the preparation of distribution rate applications by providing financial information and variance analysis.
Assists with preparing the Management Discussion and Analysis for the Annual Report.
Elexicon Corporation Support including the following:
Prepares internal management reporting and Board reporting including financial statement commentary and other reports as required.
Prepares and consolidates financial statements, including notes to the financial statements, in accordance with IFRS Accounting Standards.
Prepare various financial analyses and reports, including but not limited to capital structure, financing, cashflow, tax, unregulated business and assets.
Assist with ensuring compliance with Ontario Energy Board regulatory instruments inclusive of: (1) Accounting Procedures Handbook, (2) Uniform System Accounts, and (3) Reporting and Record Requirements.
Attend to administrative matters as may be delegated by the manager and maintain confidentiality in all matters of a personal and sensitive nature.
Assist with ad hoc analysis/reporting on various financial and non-financial data.
Other duties as required may be considered part of these responsibilities.
WHAT YOU NEED TO BE SUCCESSFULL
Ability to exercise independent judgment and perform all assigned duties with minimal supervision.
Advanced Excel skills and proficient in other Microsoft Office Applications (Microsoft Word, PowerPoint, Outlook, etc.).
Experience with support and implementation of financial information and reporting systems –preferably CDM, Microsoft Dynamics GP, MR, and Tier 1 ERP systems such as SAP.
Excellent written and verbal communication skills.
Experience with regulated business submissions in a utility environment is a definite asset.
Advanced knowledge of the Ontario Energy Board Accounting Procedures Handbook for Electric Distribution Utilities is a definite asset.
MINIMUM REQUIREMENTS
University degree in Finance, Accounting, Business, or related field.
Chartered Professional Accounting Designation (CPA).
5 years’ accounting and financial analysis experience.
Our Commitment to Diversity, Equity, Inclusion and Belonging:
Elexicon Energy embraces and celebrates our collective diversity. We are committed to fostering an inclusive, diverse and equitable workplace built on respect, support and collaboration.
Elexicon Energy is an equal opportunity employer. We value an inclusive and supportive workplace which truly reflects the diversity of the communities we serve. We welcome all individuals to apply and do not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, disability, age, Indigenous/Métis status, or other legally protected status.
In accordance with the Ontario Human Rights Code and Accessibility for Ontarians with Disabilities Act, 2005, accommodation is available upon request at any point during the recruitment process. If you require accommodation please email us at HR@elexiconenergy.com and we will work to meet your needs.
We thank all applicants; however, only those to be considered will be contacted.
