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Added 1 min ago
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Milton Hydro Distribution Inc.

Financial Specialist

Milton, ON, Canada

Salary Range: $85,000 - $100,000 · Full-time

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Job details

Pay: Salary Range: $85,000 - $100,000
Job type: Full-time
Posting language: English
Posted: Oct 5, 2026

Original job description

Salary Range: $85,000 - $100,000

POSITION SUMMARY

The Financial Specialist is responsible for preparing entity and consolidated financial statements, operational and KPI reporting, and management and Board reporting packages for all entities. This role supports month-end and year-end close processes, including intercompany reconciliations, and contributes to external audit preparation and fieldwork, tax review, and cash flow monitoring and forecasting to ensure accurate reporting and adequate liquidity. The incumbent also develops financial insights, reporting materials, and process improvements that support operational priorities, investment decisions, funding needs, and continuous improvement across the accounting function.

KEY DUTIES

Prepare entity and consolidated financial statements, including income statements, balance sheets, and cash flow statements, adhering to relevant compliance standards for first-pass issuance;
Prepare accurate and timely operational reporting for monthly, quarterly, and annual management and board reporting package for all entities, including financial and KPI reporting;
Develop reporting packages and presentation materials for senior management and support finance initiatives that improve reporting accuracy, efficiency, and automation;
Assist with month-end and year-end close processes, including journal entries and overview of balance sheet account reconciliations;
Assist in the preparation of standard working papers and assemble the full audit package in advance of the annual external audit;
Coordinate with external auditors and tax professionals by organizing required documentation and responding to review and audit requests;
Review intercompany billings and settlements across all entities; every intercompany balance agreed monthly;
Monitor daily cash balances, manage cash concentration and forecast short- and long-term cash flow for all entities, to ensure adequate liquidity to support operational strategy;
Support cash flow planning and prepare financial insights that assist with operational priorities, investment decisions, and funding needs;
Proactively identify opportunities for process improvements within the accounting function;
Attend Board meetings when requested;
Perform other duties as assigned.

SKILLS AND ABILITIES

Advanced MS Excel, PowerPoint and Word skills
Advanced analytical skills and organizational skills
Advanced interpersonal skills, and enhanced communication and collaboration skills to support an internal client centric environment
Advanced ability to work independently and with a high degree of accuracy
A team player who can assist business unit leaders to understand and support change

KNOWLEDGE

Advanced knowledge and understanding of International Financial Reporting Standards (IFRS)
Knowledge of the Utility Regulatory Framework and the Ontario Energy Board’s Accounting Procedures Handbook (APH) considered an asset

EXPERIENCE & EDUCATION

Bachelor’s degree in business/accounting or related discipline
Professional Accounting Designation, CPA
Minimum 5 years in accounting/financial analysis role
Experience in the electricity sector is considered an asset

WHAT WE OFFER

Competitive compensation, including annual incentive opportunity
Comprehensive Benefit Package, including Vacation & Floater Day entitlements, Health & Dental Benefits, Health & Wellness Spending Account, Employee Family Assistance Program and OMERS Pension plan
Complimentary on-site Fitness Center
Company phone / data plan
Flexible work arrangements
Opportunities for learning, development and growth

APPLY TODAY!

The Finance Specialist position is a new position within Milton Hydro. Candidates interested in this position are invited to apply in confidence, by completing their application through the Career Center by end of business day, October 27th, 2026. Please attach your resume and cover letter in .docx or .pdf format.

Milton Hydro is an equal opportunity employer and is committed to providing a recruitment process that respects the dignity and independence of all candidates. Should you require accommodation at any stage in the recruitment, assessment or selection process please email hr@miltonhydro.com. We thank all applicants for their interest in Milton Hydro Distribution Inc., however, only those selected for an interview will be contacted.

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More about this job

Responsibilities

The Financial Specialist is responsible for preparing consolidated financial statements, managing KPI reporting, and overseeing month-end and year-end close processes. This role also monitors cash flow, coordinates with external auditors, and identifies opportunities for accounting process improvements.

Requirements

Candidates must hold a Bachelor's degree in business or accounting and possess a professional CPA designation. A minimum of 5 years of experience in an accounting or financial analysis role is required, along with advanced proficiency in MS Office and IFRS knowledge.

Skills

KPI reporting
Month-end close
Year-end close
Intercompany reconciliations
Cash flow forecasting
Audit preparation
Tax review
Financial analysis
MS Excel
MS PowerPoint
MS Word
IFRS
Communication
Collaboration
Process improvement

Benefits

Annual incentive opportunity
Vacation entitlements
Floater day entitlements
Health benefits
Dental benefits
Health and wellness spending account
Employee family assistance program
OMERS pension plan
Complimentary on-site fitness center
Company phone
Data plan
Flexible work arrangements

Visa sponsorship

Not detected in the job text

Keywords

Financial Specialist
Accounting
CPA
IFRS
Financial Statements
KPI Reporting
Cash Flow Forecasting
Audit
Tax Review
Intercompany Reconciliation
Utility Regulatory Framework
Ontario Energy Board
APH
Financial Analysis
Budgeting
Liquidity Management
Process Improvement
Automation
MS Excel
MS PowerPoint
MS Word
Electricity Sector
OMERS Pension
Corporate Finance
Reporting Packages
Compliance
Working Papers
Financial Insights
Operational Reporting
Balance Sheet

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