Temporary Analyst, Financial (Joint Venture) (Non-Union)
(Temporary contract –18 months)
Full-time, 35 hours/ week, Hybrid
Status: This position is a current vacancy
At Alectra, we energize a brighter future by empowering our workforce through the talent of tomorrow's bright minds. We promote a culture that encourages collaboration, celebrates innovation and supports lifelong learning. We are committed to creating a safe and inclusive workplace where everyone succeeds and has the opportunity to make a meaningful difference.
Who you are
Are you a detail-oriented finance professional with a knack for managing complex transactions and improving business processes? The Financial Analyst will report to the Manager, Finance and provide financial and operational support for the joint venture. This position involves managing accounts payable transactions that are confidential and commercially sensitive, requiring advanced judgment and strict compliance with joint venture agreements, IFRS, and lender requirements. The role also supports existing business operations, new ventures, strategic planning, budgeting, and forecasting.
What you’ll do
Financial Management and Compliance
Manage end-to-end accounts payable for confidential and complex transactions, ensuring accurate coding/classification and preparing related journal entries in accordance with IFRS, JV agreements, and lender covenants.
Maintain restricted access records and coordinate with senior management, legal, and external partners on payment timing and contractual compliance.
Assist with month-end closing activities, including the preparation of accounting entries, accruals, account reconciliations, and KPI reporting to internal and external parties.
Prepare loan documentation and report on cash flows weekly to ensure timely and accurate processing of loan transactions and payments.
Manage intercompany transactions between joint venture entities, ensuring accuracy and completeness of intercompany eliminations.
Reporting and Analysis
Streamline financial reporting and budgeting tools across the joint venture to enhance reporting efficiency, consistency, and accuracy.
Prepare monthly, quarterly, and annual variance analysis and financial reporting packages for the Management Committee and Board, incorporating accounts payable impacts into analysis.
Support the annual budget and quarterly forecast processes, providing direction on budgeting processes and assumptions.
Process Improvement and Risk Management
Evaluate current business processes and initiate corrective actions to improve the quality and efficiency of internal controls, mitigating operational and financial risk.
Identify opportunities to streamline or automate business processes for enhanced efficiency.
Project Support and Integration
Provide input and support to Project Managers for planning, reviewing, and reporting on capital project progress against targets, ensuring timely closing of completed projects.
Support integration for newly acquired projects and asset purchases, focusing on financial reporting, budgeting, forecasting, account reconciliations, cash reporting, and financing.
Audit and Compliance
Support interim and year-end financial audits related to the joint venture, including reviewing financial transactions and serving as the primary contact for accounts payable documentation.
Prepare tax provision calculations for all legal entities within the joint venture.
Ensure compliance with Health & Safety policies, procedures, and standards.
Collaboration and Development
Develop reporting templates and tools to streamline financial planning related to the joint venture.
Liaise with internal stakeholders to support reporting and provision of financial data as required for budgeting and forecasting.
Participate in special assignments and projects; both cross-functional and departmental.
Perform other duties as assigned for the joint venture and other business units.
Corporate Values and Conduct:
Demonstrate professional conduct and align with Alectra’s core values of safety, teamwork, and customer focus.
Other Duties:
Perform additional tasks as assigned to support operational objectives
Who you are
Education & Specialized Knowledge
Post-secondary education in Business Administration, Finance, or Accounting
Proficiency in Oracle JD Edwards and Financial Reporting tools (e.g., Cognos, Insights/Hubble system)
In-depth understanding of IFRS, complex accounts payable processes, and capital project funding.
Superior proficiency with Excel application
Proficiency with other MS Office applications
Professional accounting designation (CPA) or working toward designation is an asset.
Experience
A minimum of 3 years’ related work experience including accounts payable, financial reporting, variance analysis, budgeting, system and process automation
Utility industry experience is an asset
Skills/Abilities/Competencies
Ability to plan, prioritize and execute multiple projects and initiatives within established timelines
Solid problem-solving and analytical skills with strong results orientation and ability to deliver under tight deadlines and pressure
Strong written and presentation skills, with the ability to explain financial information in an organized and concise way
Ability to build and maintain collaborative working relationships with internal and external stakeholders
Strong attention to detail, analysis, and the ability to influence others
Proven ability to work collaboratively and effectively with peers (and other staff in non-reporting relationships) in a team-based environment
Solid leadership skills, including strength in understanding, developing and motivating people towards the achievement of a common set of goals
Energetic and enthusiastic team player committed to overall success of the organization
Where you will work
Hybrid: This role is based in a hybrid environment, allowing for a mix of remote and in-office work to support team collaboration and business needs.
The role is performed primarily in an office environment, with occasional time spent in the field.
Work may involve minor exposure to disagreeable conditions, including inclement weather, while supervising construction sites or maintenance activities.
Who we are
As the largest municipally owned electric utility in Canada, we are committed to growing, evolving and remaining innovative to build a sustainable and brighter future. Our values set us apart and are our fundamental beliefs about our organization:
Safety: Stay aware, prevent risks and protect each other.
Respect: Value everyone, act honestly and foster inclusion.
Customer Focus: Be reliable, anticipate needs and deliver exceptional solutions with care.
Excellence: Elevate performance, embrace diversity and deliver quality through collaboration.
Innovation: Drive growth by embracing change, creativity and continuous improvement.
Here’s why Alectra might be your ideal workplace:
We invest in your career development. At Alectra, we care about our team’s future through offering ongoing trainings, mentorship and learning opportunities.
We care about your work-life balance. Understanding that taking time off is essential to employee well-being, sustained productivity and high performance, we offer the following:
Disconnecting from work: We prioritize your well-being through our “Disconnect from Work” policy which ensures you can maintain a healthy work-life balance.
Hybrid work environment: Based on operational requirements, we offer flexible working arrangements that include working remotely or on-site.
At Alectra, your unique contributions matter and help drive our collective success to a more sustainable and brighter future.
Ready to Apply?
If this sounds like you and gets you excited, we’d love to hear from you! Simply click the apply button to submit your resume and take the first step toward joining our team. Due to the high volume of applications, we are unable to accept resumes via email. All applicants must apply through our careers page to be considered.
At Alectra, we celebrate diversity and are committed to an inclusive recruitment process that honours the dignity and independence of all applicants. If you require accommodation during the process, please contact careers@alectra.com. We will work with you to ensure your needs are being met to the point of undue hardship.
Thank you for your interest in building a career with us. While we appreciate all applicants, only those selected for an interview will be contacted.
Please note: We kindly request no unsolicited resumes or agency referrals. Alectra does not accept resumes from recruitment agencies for any open positions unless a valid contract is in place.
Use of Artificial Intelligence (AI) in Recruitment
At Alectra, we’re committed to energizing a brighter future through innovation and responsible technology use. While we may use digital tools to support the efficiency of our recruitment process, we do not use AI to identify or screen candidates. Applications are personally reviewed by either a member of the Talent Acquisition team or one of the hiring leaders, ensuring a fair and human-centered experience for all applicants.
