Financial Analyst

  • London Hydro Inc.
  • 111 Horton St E, London, ON, Canada
  • Apr 20, 2023
Financial Services

Job Description

Program Financial Analyst


Are you a Chartered Professional Accountant (CPA) – or a CPA-in-the-making – looking to advance your career? Can you monitor corporate activities and identify ways to improve internal systems and controls? Are you skilled in financial reporting and statistical analysis? If your answer in all cases is an enthusiastic YES, this exciting opportunity in London Hydro’s Financial Services Department is not to be missed.

Reporting to the Director of Finance, or designate, and as a member of the Accounting Group, you’ll perform various financial and statistical analyses, as well as accounting, and general ledger reconciliations. Leveraging your progressive accounting, auditing and financial analysis experience, you’ll also assist with the budgeting process, the monitoring of actual results to budget, and external audits.


More specifically, as a Program Financial Analyst within the Accounting Group, you will:
  • Monitor operating and balance sheet activities to ensure compliance under IFRS accounting standards while also accommodating internal financial reporting requirements.
  • Complete various general ledger reconciliations and journal entries.
  • Review cost centre operating activities and obtain explanations for variances between budget and actual spending.
  • Monitor and analyze cost centre labour activities including variance analysis and explanations.
  • Review and analysis of year over year actual operating results and updating of narratives to explain changes.
  • Assist with monitoring of corporate activities to pursue betterments in internal systems and controls.
  • Assist in the completion of monthly and year-end financial reporting as well as year-end process, including completion of working papers and external auditor inquiries.
  • Reconciliations, remittances and annual reporting in connection with various remittances such as T4s, T5s, T4As, EHT, WSIB, OMERS and HST.
  • Assist in the development of operating budgets including performing analyses and projections, summarizing significant year over year changes and providing explanations.
  • Adhere to all Occupational Health and Safety Act rules and regulations, the IHSA's Electrical Utility Safety Rules, London Hydro safe work practices and procedures, and all components of London Hydro's health and safety program.


The qualified Program Financial Analyst we seek must be able to meet the following requirements:
  • You have completed a recognized CPA accounting program (CA/CMA/CGA) or are currently enrolled in the final level of the program.
  • You are proficient in utilizing an ERP system as well as Excel and Word.
  • You bring five (5) years of accounting and financial analysis experience.

NOTE: Please note that applicants who receive any conditional offer of employment from London Hydro will be required to provide proof that they are fully vaccinated with a COVID-19 vaccine approved by Health Canada as a condition of employment and to maintain their status as fully vaccinated as a condition of continued employment. London Hydro will consider individual requests for accommodation by applicants who cannot be fully vaccinated due to grounds protected under the Human Rights Code.

About London Hydro
For over a century, London Hydro has been providing safe, affordable and reliable electricity to a diverse customer base. We are one of the area’s larger employers, with a highly skilled and motivated team of people across many different occupations. Through this dedicated team and an extensive network of overhead and underground power lines, we power over 165,000 homes and businesses, and continue to improve the way people live and work.

For more information, and to apply:

To find out more about London Hydro, please visit our website at If you are both qualified and safety-focused, we invite you to send your resume, by April 26, 2023, to: Human Resources Department, London Hydro Inc., P.O. Box 2700, London, ON N6A 4H6. Fax: 519-661-5164. E-mail (quote Program Financial Analyst in the subject line): The successful candidate will be required to complete a Criminal Record Check prior to the commencement of employment. An education check will also be conducted.

London Hydro is an equal opportunity employer. Accommodation is available under the Human Rights Code and the Accessibility for Ontarians with Disabilities Act.

While we appreciate all applications received, only those invited for an interview will be acknowledged. Any personal information submitted will be managed in accordance with the requirements of the Municipal Freedom of Information and Protection of Privacy Act and will be used only to determine eligibility for employment.

In accordance with Canadian immigration requirements, this advertisement is directed to applicants who are authorized to work in Canada.