Financial Analyst II - Utilities Kingston

As Ontario's only multi-utility provider, we offer a comprehensive range of services, including water, wastewater, natural gas, electricity, and telecommunications - all under one roof. This integrated approach empowers us to deliver innovative solutions, exceptional customer service, and operational efficiencies that set us apart in the industry.

With over 150 years of commitment to the Kingston community, we work every day to provide the safe, reliable utility services our customers rely on. Our efforts go beyond keeping the lights on and the water flowing. We’re driving progress through projects that create lasting, positive change. At the heart of everything we do is our vision to advance our unique utility model to benefit our customers and build better communities.

At Utilities Kingston, we believe that strong communities are built by strong teams. By joining us, you'll be part of a collaborative and dynamic environment where your skills and ideas will contribute to enhancing safety, driving reliability, and building a resilient future for our community.

Primary Duties:

The Financial Analyst is responsible for accounting activities for gas, sewer, water, electric and fibre utilities including internal and external reporting requirements. The incumbent prepares, examines and interprets both operating and capital accounting records, financial statements and other financial reports to assess accuracy, completeness and conformance to reporting and procedural standards. They ensure work is completed in compliance with applicable standards, rules, regulations and systems of internal control.

Major Responsibilities:

• Review operating expenses against budget and prior year results for each utility identifying and analyzing variances.
• Perform monthly analysis on distribution revenue, comparing year over year and to budget. Complete revenue analysis by customer and service type.
• Prepare operating and capital accounting records and financial statements ensuring conformance to reporting and procedural standards.
• Monitor and collect data to assess accuracy and ensure compliance with applicable standards, rules, regulations and systems of internal control.
• Prepare documents and analysis for financial and regulatory audits.
• Prepare budgets and respond to management inquiries as requested.
• Allocate costs booked to appropriate utility accounts.
• Reconcile accounts and prepare remittances.
• Assist users across the organization with invoice coding and financial analysis for decision making.
• Review, document and streamline financial processes for process improvement.
• Other duties as required related to accounting, financial analysis, and reporting.

Education, Certification and Other Qualifications Required:

• Advanced MS Excel skills
• Advanced analytical skills and organizational skills
• Advanced ability to apply business analysis techniques to complex projects
• Advanced analytical skills and organizational skills
• Advanced interpersonal and communication skills, both verbal and written
• Advanced ability to work independently and with a high degree of accuracy

Knowledge:

• Advanced knowledge and understanding of International Financial Reporting Standards (IFRS).
• Intermediate knowledge and understanding of the specialized regulatory accounting framework as outlined in the Ontario Energy Board’s Accounting Procedures Handbook
• Basic knowledge of Occupational Health and Safety requirements as it relates to individuals, the organization and operational requirements

Experience:

• Post-secondary diploma or degree in Business Administration or related field.
• CPA designation an asset
• Minimum 3-5 years’ accounting experience performing financial analysis
• Class G drivers’ licence

Special Working Conditions/Conditions of Employment

This position is being posted to support the creation of a new role within the department, ensuring continuity and support for our team and organizational goals.

Your resume and/or cover letter must clearly demonstrate how you meet the requirements of the position. APPLY HERE.

Appropriate accommodations will be provided as required by the Accessibility for Ontarians with Disabilities Act (AODA) upon request.

Utilities Kingston is committed to employment equity and we encourage applications from all designated group members. Our goal is a diverse, inclusive workforce that reflects the Kingston community.

Utilities Kingston thanks all candidates that apply; however, only those selected for further consideration will be contacted. 

Please apply online at:
https://utilitieskingston.njoyn.com/cl4/xweb/xweb.asp?tbtoken=ZltYQxxeDVBxE3V1NyFTFE9PdG1QaVUqe1ZMWysIfXleKDcfXTVpAWBzdjEYGhJWTHNkF3U%3D&chk=ZVpaShM%3D&clid=74530&Page=JobDetails&Jobid=J0126-0635&BRID=436402&lang=1.