Financial Analyst


Toronto, ON, CA, M5G 1X6

Req ID:  47559

#LI-Hybrid LI-Onsite

Status: Regular- Full Time

Working Conditions:  Hybrid Working Environment (3 days in office, 2 days remote) 

Education Level: 4-year University Degree in accounting, finance, or related discipline

Base Location: Oshawa, ON

Temporary Work Location: Toronto, ON  

Travel: Yes- 10%

Deadline to Apply: July 24th, 2024


Electrify your career and help build a brighter tomorrow.

Every generation has a challenge that defines them. At OPG, we are calling on all innovators, disruptors, thought leaders and change-makers. Join us to electrify life in one generation and build a sustainable future powered by our electricity, our ideas, and our people. Join OPG and make history.

Whether you work in the skilled trades or are a business professional, a career at OPG is an opportunity to electrify your life on -- and off -- the job.



OPG is committed to fostering an inclusive, equitable, and accessible environment where all employees feel valued, respected, and supported. If you require accommodation during the application or interview process, please advise us as soon as possible so appropriate arrangements can be made.

If you require information in a format that is accessible to you, please contact

This position is moving to OPG Corporate Headquarters: In Summer 2025, OPG will officially welcome employees to our new Corporate Headquarters located at 1908 Colonel Sam Drive, Oshawa, Ontario. This new space will enable teamwork, collaboration and innovation that will help us to achieve our mission to electrify life in one generation. This position will be temporarily based in Toronto, ON until the move to Headquarters in the Summer of 2025.



Ontario Power Generation (OPG) is looking for a results-driven team player to join our organization in the role of Finance Analyst.

Reporting to the Financial Controller, the Financial Analyst will ensure OPG’s compliance with accounting standards and will bring in-depth and wide-ranging knowledge of financial management systems, programs, and practices. Additionally, the role will involve monthly budget-to-actual and forecast reporting including variance analytics for the consolidated financials, maintaining critical information in OPG finance systems and databases, modelling and preparation of reporting for senior level executives and provincial ministries and boards.  The Finance Analyst will also undertake economic and financial analysis or studies to assist in the preparation and analysis of various business cases and scenarios that occur on an ad-hoc basis.

This is an exciting opportunity to work in an environment where you will contribute to Ontario Power Generation’s continued growth and success in generating safe, clean, reliable low-cost power in a sustainable manner.



  • Develops, recommends and monitors the adherence to financial strategies, policies, procedures and guidelines.
  • Participates in the development, implementation and maintenance of financial systems and procedures.
  • Provides leadership to management in the specialized area of financial management and resolves implementation and technical issues independently.
  • Provides support to the manager in the discharging of due diligence through a professional challenge role within the business.
  • Provides advice and guidance to line management through exercising professional and independent financial judgment. 
  • Assists in the development of strategies, policies, procedures and guidelines through research, analysis and input from stakeholders.
  • Maintains a professional awareness in relation to current accounting practice, GAAP and general business environment, the utility industry and communicate impacts and implications.
  • Conducts investigations into specialized accounting areas or needs and prepare procedures to account for issues.
  • Reviews accounting practices and provides assessment to the accuracy, consistency and appropriateness of analysis and conclusions.
  • Provides management reports utilizing financial systems and other inputs.
  • Ensures the integrity of the decision support process through support for the preparation and review of business case summaries.
  • Participates in the development and implementation of financial information systems and procedures.
  • Maintains and supports in-service financial systems.
  • Analyzes system operating and maintenance costs, and recommends changes to improve efficiency.
  • Gives advice, guidance and assistance to systems users on issues related to the scope of management system development, operation, and maintenance.
  • Analyze financial trends, including revenue, costs, and operational efficiency, and assist in creating budgets and financial forecasts for assigned business units.


  • 4- Year University Degree in accounting, finance or related discipline


  • 4 years of relevant work experience
  • Working towards the CPA designation is an asset
  • Familiar with financial analysis, controllership and financial systems
  • Knowledge to support the development of financial strategies, polices, and procedures
  • Exposure to financial reporting and management reporting
  • Ability to work in a cross-functional environment.
  • Strong written and verbal communication skills
  • Sound judgment and decision making, critical thinking and creative problem solving abilities.
  • Strong financial modelling and data manipulation skills
  • Strong knowledge of excel is required, and exposure to power query and/or SAP would be preferred
  • Exposure to full cycle accounting month-end close

The successful candidate will exhibit uncompromising integrity and commitment to upholding corporate values, and the OPG Code of Business Conduct.


What Makes a Career at OPG Different?

As Ontario’s largest clean energy generator, we’re building, expanding, and innovating the equipment and technology that keeps Ontario powered with clean, reliable energy.

At OPG, our values are our strengths.  They are fundamental truths about our organization that don’t change: 

Safety – it’s our business
Integrity – always lead with integrity
Excellence – never satisfied with good enough
Inclusion – working together for powerful outcomes
Innovation - creativity accelerates possibility

Here's why OPG might just be the ideal workplace for you:

  • Exceptional range of opportunities province-wide
  • Long-term career growth and development opportunities
  • Electricity is vital to the province and OPG’s clean electricity is helping decarbonize other sectors.

Our promise to you:

  • We care about the safety and the well-being of our employees. It is our utmost priority.
  • A supportive work environment where you can be your best every day.
  • Opportunities to stretch and develop.
  • Offer different ways for you to give back to communities where we operate.
  • Partner with Indigenous communities and support local businesses.
  • We support employment equity, diversity and inclusion.

Are you ready to start a career that has the power to electrify life on and off the job? Apply now.


Please submit your application online at by 11:59 PM E.S.T., July 24th, 2024.  OPG thanks all those who apply; however, only candidates considered for an interview will be contacted.


OPG is committed to employment equity. As such, we encourage applicants from equity-seeking communities (Indigenous Peoples, racialized persons, persons with disabilities, and women). We strongly believe that alleviating the under-representation of equity-seeking individuals will create a stronger OPG team and allow us to better serve the needs of our diverse communities.


In order to fulfill the above-mentioned purpose, priority in hiring may be given to qualified persons who self-identify as a member of equity-seeking groups as identified in the application process. This initiative constitutes a special program under the Human Rights Code/Canadian Human Rights Act