Manager, Investments (Non-Union)
Full-time, 35 hours/ week, Hybrid
At Alectra, we’re not just about powering communities; we’re about empowering our people. We prioritize well-being through a culture that fosters collaboration, innovation and continuous growth. We believe in providing a supportive and inclusive environment where everyone can thrive and make an impact.
Are you a strategic thinker with expertise in financial assessments and modeling?
As the Manager of Investments, you will report to the Director of Finance and Investments, overseeing financial assessments, modeling and support in negotiating third party arrangements for all Alectra Energy Solutions and Services’ business units, as well as M&A opportunities. Your role is key to expanding Alectra’s competitive business and supporting M&A activities related to the regulated business.
What you’ll do

Strategic Leadership and Coordination

• Lead and coordinate with Corporate Finance, Treasury, ESS Business units, and other internal stakeholders to develop strategies that support growth across current and future business lines.
• Guide the development of financial assessments for business opportunity evaluations, including counterparty, project assessments, and M&A growth opportunities.

Financial Modeling and Analysis

• Manage coordination and support for business discussions across ESS departments, integrating new parameters and scenarios into financial models.
• Supervise the construction of complex financial models to assess investment opportunities and financing proposals, enhancing financial transparency and quality.

Project Management and Collaboration

• Collaborate with project managers and technical partners to oversee progress reports for new business lines.
• Oversee the review and evaluation of initial data room documents and coordinate due diligence with internal experts and external advisors

Stakeholder Engagement

• Regularly update internal stakeholders through meetings and presentations.
• Engage with external parties like developers, financial advisors and commercial banks to stay informed about market conditions and generate new project opportunities.
• Monitor energy policy changes to advance Alectra’s competitive business growth goals.

Financial Reporting and Compliance

• Lead support for financial models related to new projects for year-end reporting, including purchase price allocations and annual goodwill impairment assessments.
• Review monthly, quarterly, and annual actual versus budget variance analysis and financial reporting packages for executive and board reporting.
• Ensure compliance with legislative, regulatory, and Health & Safety policies, procedures, and standards.

Process Improvement

• Identify and implement process improvement initiatives, ensuring changes are appropriately implemented, documented, and communicated.

Corporate Values and Conduct: Demonstrate professional conduct and align with Alectra’s core values of safety, teamwork, and customer focus.
Other Duties: Perform additional tasks as assigned to support operational objectives
Who you are

Education & Technical Knowledge

• Post-secondary education in Business Administration, Finance, or Accounting.
• CBV preferred; CPA, MBA considered an asset.
• Extensive knowledge of the energy and utility industries in Ontario, Canada, and North America.
• Advanced proficiency in Excel and complex financial modeling.

Experience

• Minimum 5-7 years of relevant financial evaluation experience within the energy industry, focusing on leadership roles.
• Extensive experience modeling load profiles and financial components, including tax, debt, leases, etc.
• Experience in financial reporting or budgeting and preparing analyses and reports for senior management.

Skills/Abilities/Competencies

• Valid class “G” driver’s license.
• Strong leadership and management skills, including delegation, attention to detail, and influencing others.
• Proven ability to plan, prioritize, and execute multiple projects within tight deadlines.
• Excellent problem-solving, analytical, and results-oriented skills.
• Ability to build and maintain collaborative working relationships with internal and external stakeholders.
• Advanced written and presentation skills.
• Demonstrated leadership skills, including team development and motivation.
• Energetic team player committed to the overall success of the organization.

Where you will work

• Hybrid: This role is based in a hybrid environment, allowing for a mix of remote and in-office work to support team collaboration and business needs.

Who we are
As the largest municipally owned electric utility in Canada, we are committed to growing, evolving and remaining innovative to build a sustainable and brighter future. Our values set us apart and are our fundamental beliefs about our organization:
Safety: Stay aware, prevent risks and protect each other.
Respect: Value everyone, act honestly and foster inclusion.
Customer Focus: Be reliable, anticipate needs and deliver exceptional solutions with care.
Excellence: Elevate performance, embrace diversity and deliver quality through collaboration.
Innovation: Drive growth by embracing change, creativity and continuous improvement.

Please refer the Job description for details