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Financial Analyst

Date: Feb 21, 2023

Location: CA

Company: Independent Electricity System Operator


Requisition ID: 18648
Location: Toronto or Mississauga - Hybrid
Status: Temporary, Up to 24 months 
Business Unit: Corporate Services



Why join us? 

You’ve got great skills. And you want to use them in an organization where you know what you do every day matters. We get that.

We also know that ensuring Ontarians have access to affordable and reliable power doesn’t happen by accident. So we give you the tools, flexibility and support you need to achieve your goals, and development opportunities to help you grow. You’ll thrive in a collaborative, team-based environment that values your unique skills and experiences – and recognizes that when you do better, we become even better too.  


Who we are 

The Independent Electricity System Operator (IESO) works at the centre of the province’s power system, ensuring Ontarians have access to reliable and cost-effective electricity when and where they need it. We operate the province’s electricity grid 24/7, design, run and oversee the wholesale electricity markets, and plan and prepare to meet Ontario’s electricity needs – now and into the future.

The Opportunity

Reporting to the Manager, Finance & Accounting, the position will work as a member of the Finance team and provide a variety of finance and business analysis. 


What you'll do 

  • Financial Reporting and Financial Analysis: Prepare accruals, journal entries and key account reconciliations related to capital assets, receivables, prepaids, connection assessments and provide assistance and analysis in other areas as required
  • Coordinate and lead the Connection Assessment invoicing process
  • Maintain Chart of Accounts for Connection Assessment activities in Lawson and Vena
  • Issue other Corporate invoices and liaise with other departments as required.
  • Participate in the drafting of quarterly/year-end financial statements and related note disclosures for Corporate general ledgers
  • Maintain accuracy and integrity of Capital Assets sub-ledger (including in-service assets, capitalized interest, depreciation and disposals) and ensuring the sub-ledger is reconciled to the general ledger.
  • Act as a point of contact for internal and external stakeholders to address inquiries related to general accounting, vendors and invoices, maintain a customer focused attitude through appropriate customer interaction
  • Participate in preparation of governmental reporting to the Ministry (ie OGO Reporting)
  • Participate in preparation of other governmental reporting (Statistics Canada capital spend survey, International Transactions in Commercial Services, Preliminary Capital Spending)
  • Participate in new projects and testing as required
  • Assist in gathering data and providing support for interim and year-end audit processes
  • Review processes and lead process improvement initiatives to ensure that work is performed in an efficient and effective manner
  • Prepare other management reporting and control reporting as required


What you need to succeed 

  • Ability to quickly understand complex transactions and present them in a simplified manner and act accordingly to propose and develop solutions
  • Strong general computing skills
  • Experience enterprise resource package (ERP) system, such as Oracle, Peoplesoft, Lawson SAP, etc.
  • Strong knowledge and experience with Microsoft Office suite of products (word, excel, outlook);
  • Good oral and written communication skills; good listening skills
  • Demonstrated analytical and problem solving skills
  • Experience in building effective business procedures
  • Action oriented
  • Client/customer focused
  • Team player, works well with others in an office environment
  • Ability to develop peer relationships across the organization
  • Works independently with minimal supervision
  • Ability to process large volumes of detailed work accurately and on time
  • The education required to complete the responsibilities associated with the position is typically obtained through 4 years of university training
  • The minimum level of experience for the incumbent to perform at a satisfactory level of proficiency is 4-6 years 



What’s in it for you

  • A comprehensive total rewards program, including best-in-class benefits and a flexible workplace 
  • A challenging, fast-paced and collaborative team environment, where your perspectives and experiences matter 
  • Leaders who support your growth and success through regular feedback and coaching
  • The opportunity to work with some of the brightest minds in the industry

For future reference, please ensure to save a copy of the job description as it will no longer be available once the posting closes.

At the IESO, we know that achieving great results depends on embracing diversity by attracting, developing and retaining people from a wide variety of backgrounds. We do this by ensuring our recruitment and advancement policies are fair and equitable, and by creating an accessible and inclusive environment – one that values every team member’s unique skills and experiences and ensures they have the support they need to achieve their potential. If you require accommodation during the recruitment process, please let us know. 


We thank you for your interest in a career at the IESO, but we will only contact those candidates selected for an interview. 

Note: The successful candidate must be eligible to work in Canada and will be subject to a background check.


The IESO commenced Hybrid Work Model Program. The Model allows for remote working up to three days per week, based on business needs. When working in the office, you will be located in Toronto or Mississauga.


Join our talent community

Sign up for talent community; stay in touch, find out about new opportunities – and discover how you can make a difference. Discover how we use our expertise and commitment to deliver reliable and affordable electricity to Ontario’s businesses and communities, and how we’re innovating to secure a stronger energy future for all Ontarians. Visit Careers at IESO and be sure to follow us on LinkedIn.