Opportunities, Growth, Job Satisfaction... Join the Hydro Team.
­
Newfoundland and Labrador Hydro (Hydro) is the people’s Crown utility – providing safe, cost-effective, reliable electricity that our customers can count on. We have both regulated and unregulated operations across the province with major power generation assets in Churchill Falls, Muskrat Falls, Bay d’Espoir and Holyrood. Our provincial transmission system spans thousands of kilometers, and includes dozens of high-voltage terminal stations and lower-voltage distribution stations. Through the 1,100 km Labrador Island Link, the two 250 km Labrador Transmission Assets between Muskrat Falls and Churchill Falls, and the Soldier’s Pond power converter station, we are connecting power from Labrador to the island. We power our families, friends, and neighbours in 200+ communities across the province, and approximately 80 per cent of our provincial energy comes from clean hydroelectric generation. Hydro harnesses energy opportunities to benefit the people of Newfoundland and Labrador.
­
We’re looking for passionate and performance focused people – people who want to make a difference for our customers and who share our values.
­
Senior Financial Analyst and Senior Financial Accountant Opportunities
Competition #: NLH-22-181
Status: Permanent
Location:­ St. John’s
­
We are seeking high energy, results oriented individuals with strong technical and analytical skills to join our Finance team.­ We have Senior Financial Analyst and Senior Financial Accountant opportunities available in the areas of Budget and Forecast and Financial Reporting, respectively.
­
Senior Financial Analyst
­
As a successful candidate you will be responsible for the planning and execution of the budget, forecasting and cost control cycles for Hydro and/or its subsidiaries, including coordinating with a number of stakeholders throughout the business. You will be accountable for adhering to timelines and processes in the budgeting and forecasting cycles; analyzing data; pro forma financial statements; cash management projections and ensuring high quality, timely information is available to the Finance Leadership and Operations Teams, along with any regulatory requirements. You will also be responsible for preparing various management reports, consisting of financial and non-financial performance metrics, along with preparing detailed and meaningful variance analysis on a monthly basis. In addition, you will contribute to the preparation of the budget information packages for approval by the Finance Leadership Team, the Board of Directors and the Government of Newfoundland and Labrador. This is a key role that will be expected to exercise a significant level of initiative in planning, organizing and controlling work activity in support of management and regulatory requirements as well as other stakeholders.
­
Qualifications:
­

• Knowledge and understanding of budgeting and forecasting with a minimum of five to seven years of practical and progressively responsible experience in financial analysis;
• A University Degree in business supplemented with a professional accounting designation (CPA,) or equivalent experience;
• Highly organized and deadline driven, committed to delivering results;
• Excellent analytical skills and problem solving ability;
• Excellent written and oral communications skills;
• Ability to thrive in a fast-paced, changing environment;
• Experience with accounting and financial software such as JDE E1, Clarity, Spreadsheet server and Showcase Query considered an asset; and
• General knowledge of regulated utility, oil and gas, energy markets, or capital intensive industry would be considered an asset.

­
Senior Financial Accountant
­
Hydro and its ­subsidiaries require quarterly and annual financial statements reporting under International Financial Reporting Standards (IFRS), some of which require consolidation of multiple legal entities.­ As a successful candidate you will be responsible for the preparation of annual and quarterly external financial statements, preparation and review of monthly internal reporting, financial analysis of results and the preparation of reliable information to meet stakeholder needs. You will also assess the on-going financial reporting process to ensure maximum effectiveness and efficiency and be responsible for identifying and implementing opportunities for improvement in the finance function. The successful candidate will also be responsible for managing information requests from our internal and external auditors for their respective area, as required.
­
In addition to preparation of annual and quarterly external financial statements, one of these positions will be a member of our centralized technical accounting function.­ This individual will be part of a team responsible for the research and implementation of changes to and new accounting standards across all of our operating segments.­ In addition, in consultation with other members of the finance team and our commercial and operational teams, will provide research, recommendations and documentation around complex technical accounting issues under IFRS associated with new commercial agreements and transactions. This individual has a keen interest in identifying and researching complex accounting issues and has in-depth knowledge of IFRS. ­
­
Qualifications:
­

• Strong knowledge of IFRS and a minimum of five to seven years of practical and progressively responsible experience in financial reporting including experience with preparation of IFRS compliant financial statements;
• A University Degree in business supplemented with a professional accounting designation (CPA,) or equivalent experience;
• Highly organized and deadline driven, committed to delivering results;
• Excellent analytical skills, problem solving ability and a strong attention to detail;
• Excellent written and oral communications skills;
• Ability to thrive in a fast-paced, changing environment;
• Experience with accounting and financial software such as JDE E1, Clarity, Spreadsheet server and Showcase Query considered an asset; and
• General knowledge of regulated utility, oil and gas, energy markets, or capital intensive industry would be considered an asset.

­
­
CLOSING DATE:­ January 15, 2023
­
Newfoundland and Labrador Hydro manages our province’s electricity system. We are a company of people who work hard behind the scenes because we know our customers are counting on us. Through our generation, transmission and distribution operations, we’re committed to meeting the needs of our customers and providing residents, businesses and communities across the province with safe, reliable power. For more information, visit our careers page at www.nlhydro.com/careers.
­