Senior Financial Analyst – Energy Investments

Job Description

At Hydro we work to foster positive work-life balance and offer remote or hybrid working arrangements for some positions based on the nature of work being performed and an assessment of other relevant factors.

Opportunities, Growth, Job Satisfaction... Join the Hydro Team.

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Senior Financial Analyst – Energy Investments

Competition #: ­ NLH-NR-26-012

Status: Term

Location: ­ Hydro Place – St. John's

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Our employees are at the heart of what we do. We're looking for passionate and performance focused people – people who want to make a difference for our customers and who share our values.

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Key Responsibilities:

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Provide guidance and support to Settlements Analyst. Assist Settlements Analyst with new processes, discrepancies, and month end deliverables when required.

Review entries validated and provided by the Settlement Analyst such as market, bilateral and transmission invoices, etc. for accounting accuracy and completeness. Ensure market payables are paid on time – communicating with appropriate departments such as Accounts Payable and Treasury.

Prepare monthly accruals, journal entries and complete forecast updates as required. Manage month end close process. Ensure all clearing accounts balance, ledgers are accurate, and all entries are posted correctly for monthly reporting.

Prepare monthly analysis and variance explanations for performance reporting such as, but not limited to, price volume analysis and cash flow projections and financial submissions for Corporate and Board reporting. As well as operating expense reporting to business unit managers for the purpose of budget management.

Prepare fair value analysis/modeling and journal entries for transmission congestion contracts, renewable energy certificates and other derivatives as required.­

Prepare quarterly reports with support such as balance sheet and income statement variance analysis and explanations.

Prepare various calculations such as market benchmarks and other value-added calculations, as well as data validation for National Energy Board reporting.

Develop annual operating and capital budgets (when required) in coordination with proper affiliates. Ensure budget is inputted into forecasting software and presentations and board reports are completed and supported for the purpose of budget approval.

Assist in providing support for annual external audits as well as any ad hoc internal audit request, request for information, or other analysis and reporting as required.

­ What We're Looking For:

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Excellent analytical skills and problem-solving abilities with high proficiency in the use of Microsoft Office, most importantly Microsoft Excel.­

Strong written and verbal communication skills; and interpersonal skills to foster effective working relationships with members of various teams.

Ability to thrive in a fast-paced, changing environment is critical to success.

­ What You'll Need:

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A university degree in Commerce or Business Administration supplemented with a professional accounting designation. An equivalent combination of education and experience may be considered.

A minimum of five (5) years of experience in financial analysis, accounting, excel modeling, budgeting and forecasting or reporting, preferably in the energy industry.

Experience related to the Electric Utility industry is considered an asset.

­ CLOSING DATE: ­ March 11, 2026

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We're looking for energy we can count on

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Wondering what to expect when starting a career at Hydro? ­ Click here to learn more.

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Newfoundland and Labrador Hydro is the people's utility that you can count on – providing safe, cost-conscious, reliable electricity while harnessing sustainable energy opportunities to benefit the people of Newfoundland and Labrador. We value our employees, we take care of each other, we recognize excellence, we respect individuality, and we work hard to create an inclusive and welcoming workplace. People who work at Hydro feel like they're part of a community and we give back to the communities where we live and work to make them stronger.­ There's lots to learn at

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We're looking for energy we can count on

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Apply Now.

Our company values diversity and inclusion in the workplace and encourages applications from diverse candidates, including women, Indigenous peoples, persons with disabilities and members of visible minorities.

Submit your application online. Please quote the competition number with your application. We thank all applicants for their interest; however, only those considered for an interview will be contacted.