Treasury and Taxation Services Associate (Temporary - 10 Months)

At Hydro Ottawa, we empower the lives of the people in the communities we serve.

As the electricity distributor to the Nation's Capital, our work powers all the essential activities that make up our lives - at home, at work and at play. And as Ontario's largest municipally-owned producer of green power, we are leading the way to a greener tomorrow.

We are looking for trailblazers and innovators to join us as we build an energy future that will keep our City and our planet green for generations to come.

Are you ready to make a difference in our community?

JOB SUMMARY

The Treasury and Tax Services Associate is responsible for monitoring, validating, reconciling and preparing reports for all bank and excise tax transactions for Hydro Ottawa Holding Inc. and its subsidiaries ("Hydro Ottawa"). The Associate will also liaise with internal/external stakeholders in completing these functions.

MAJOR RESPONSIBILITIES

The essential responsibilities of the job include but are not necessarily restricted to the following:

• Monitor, review, validate and record all banking transactions and analyze, investigate, and problem solving any anomalies discovered during the month in consultation with A/R, billing, A/P, payroll and other groups.

• Complete bank reconciliations within 3 to 5 business days of each month end and ensure all unreconciled items are properly investigated, resolved, recorded and documented.

• Liaise with financial institutions regarding bank service charges, discrepancy resolution, account management (e.g. opening/closing bank accounts) and documentation preparation.

• Support and respond to daily banking questions from other groups such as Customer Service, Accounts Receivable and Accounts Payable.

• Liaise with external auditors during interim and year end audits, external banking contacts and internal members of various groups to provide requested financial support.

• Update, compile and maintain Treasury data for review and reporting, including intercompany indebtedness, credit facilities, intercompany interest and bank interest reasonability.

• Prepare and calculate monthly intercompany Cash and Loans Reports for all Hydro Ottawa entities and prepare related JEs within 5 business days of month end for review.

• Act as the primary petty cash custodian for Hydro Ottawa monitor other secondary petty cash custodians.

• Compile and document more than 20 monthly HST, QST, QST returns for Hydro Ottawa.

• Ensure monthly online filing and mailing of HST, GST, QST returns are completed and provided to Accounts Payable to ensure payments are processed and submitted before due.

• Provide support and assistance in compiling documents for tax agency reviews/audits of returns.

• Perform other related duties as required.

EDUCATION AND EXPERIENCE

• Recognized accounting diploma or degree program

• Several years' experience in treasury and/or banking software combined with demonstrated performance and abilities may substitute for academic qualifications

• Minimum of two (2) years bank reconciliation or equivalent experience

ADDITIONAL REQUIREMENTS

• Proficient in the use of standard suite of office software and electronic banking (e.g., Scotiaconnect), and adept in the analytic use of Microsoft Excel, and Access as well as specialized applications including J.D. Edwards Financials (JDE), and Customer Information System (CIS)

• Knowledge of Hydro Ottawa's policies and procedures

• Confident and comfortable working in a fully computerized environment and adaptable to various and changing systems

• Proven attention to detail and success in working with high volumes of transactions and figures with a minimum amount of personal supervision

• Effective verbal and written interpersonal and communication skills

• Positive customer service attitude and adaptable to change in process, systems and organization structures

• Demonstrated ability to focus on, and contribute as a team member to innovative changes or solutions, which enhance efficiencies and service while maintaining appropriate controls on processes and costs

• Analytical skills

• Ability to work with high volumes of numbers and figures

• Tact, diplomacy, discretion, dependability and integrity

• Team player

• Effective problem solving skills

• Ability to meet tight deadlines and sometimes with conflicting deadlines

• English essential, both oral and written

• Bilingualism (French/English) considered an asset

The terms and conditions of employment for this position are governed by the collective agreement between Hydro Ottawa Limited and IBEW Local 636.

Hydro Ottawa offers a Hybrid Work Model. Hybrid work is position specific, the details of which the hybrid model will be discussed with successful candidates.

Hydro Ottawa may use artificial intelligence ("AI") during the recruitment process to aid in the screening and selection of candidates.

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Hydro Ottawa is committed to establishing a qualified workforce that reflects the diverse population it serves and we encourage applications from all qualified individuals. We are also committed to preventing and removing barriers to employment for people with disabilities, and we invite you to inform us should you have any accessibility or accommodation needs.

Applicants must be legally entitled to work in Canada.