Manager, Regulatory Financial Reporting

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Manager, Regulatory Financial Reporting

role at

Toronto Hydro

Key Responsibilities

Leads the end-to-end process of the preparation of all regulatory financial reporting documents including compliance with reporting requirements as mandated by the OEB, the Independent Electricity Systems Operator (IESO), the OSC, the Shareholder and other authoritative reporting bodies.

Remains current and compliant with emerging International Financial Reporting Standards (IFRS) and Accounting Procedural Handbook (APH) accounting and disclosure requirements and implementation of those accounting standard changes.

Supervises an accounting team’s day‑to‑day activities, including prioritisation and coordination of work assignments and review and sign‑off on all deliverables.

Provides performance and attendance management feedback, development and safety management.

Works closely with and is the main liaison with internal stakeholders and coordinates finance interpretation, impact analysis and implementation of regulatory‑mandated updates.

Oversees regulatory financial reporting with respect to regulatory accounts, processes and internal controls over financial reporting, including day‑to‑day management of reporting requirements to ensure timely completion and accuracy of reporting.

Ensures appropriate internal controls over financial reporting are in place for regulatory accounts, transactions and balances, including overseeing, reviewing and approving journal entries, reconciliations and analysis.

Recommends improvements and assists in the development and application of sound accounting policies and procedures.

Reviews and evaluates internal financial control procedures and ensures proper documentation.

Develops appropriate accounting policies and ensures changes are integrated into disclosures, maintaining the governance of internal accounting policies under Modified IFRS.

Champions management systems, processes, continuous improvement initiatives and special projects related to regulatory financial reporting (e.g., OEB Consultation, Annual OEB application, Customs Incentive Rate‑setting).

Requirements

University degree in Finance, Accounting or Business or a related discipline.

Chartered Professional Accountant (CPA) is required.

Seven (7)+ years of professional accounting experience.

3‑5 years of progressive people or project leadership experience.

Experience with financial reporting practices and large financial information systems.

Strong public‑company, regulatory reporting and technical accounting experience.

Knowledge of modified‑IFRS and OEB Accounting Procedures Handbook reporting standards (preferred) and understanding of the Ontario electricity marketplace (preferred).

Advanced Excel, PowerPoint and Word skills.

Excellent oral and written communication skills.

Demonstrated competencies: Customer Focus; Culture and People Development; Drive Results and Accountability; Commitment to Sustainability, Environment, Health and Safety; Building Strong Relationships; Championing Change, Productivity & Innovation.

This position is based in a hybrid environment allowing for remote work two days per week, based on business needs. Employees will be required to come onsite Tuesday to Thursday. You are expected to live in Ontario and within reasonable commuting distance of the office.

Toronto Hydro is pleased to provide reasonable accommodation for qualified individuals throughout the job application process. If you’re having difficulty using our online application system and require accommodation, please email

hr_talent@torontohydro.com

or call (416) 542‑8000. Resumes sent to this email address will not be considered.

Seniority Level

Mid‑Senior level

Employment Type

Full‑time

Job Function

Legal

Industry

Utilities

Location

Toronto, Ontario, Canada

Salary

CA$140,000.00 – CA$200,000.00

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