Senior Advisor Asset Management & Investment

at  Ontario Power Generation

Pickering, ON L1W 4A7, Canada -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate29 Nov, 2024USD 2775 Weekly18 Nov, 20246 year(s) or aboveEvaluations,Electrical Industry,Finance,Optimization,Commerce,Interpersonal Skills,Assessment,Investment DecisionsNoNo
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Description:

Location:Pickering, ON, CA, L1W 4A7
Req ID: 49309
Status: Regular Full Time
Working Conditions: Hybrid Working Environment
Education Level: 4-year University Degree, plus 1-year concentrated study
Base Location: Oshawa, ON
Temporary Work Location: Toronto, ON
Number of Position(s):1
Travel: Yes- 10%
Deadline to Apply: November 29 2024
Salary Range: $2,775.61 - $3,220.98 Per Week

JOB OVERVIEW

Ontario Power Generation (OPG) is looking for a dynamic, strategic and results-driven professional to join our team in the role of Senior Advisor Asset Management & Investment.
Reporting to the Senior Manager - Investment Management to support maximizing the profitability of investment decisions by operationalizing approved investment processes, developing new processes and tools as required and providing expert help for implementation across OPG.
This is an exciting opportunity to work in an environment where you will contribute to OPG’s public outreach, engagement and education efforts as part of the company’s commitment to growing its social license.

KEY ACCOUNTABILITIES

  • Maintain processes, procedures, and tools in support of corporate Asset Management and Investment Management Framework and recommend enhancements for improving planning, programming and investment decision processes across OPG
  • Provide business case assessment and post project review capability. If necessary, facilitate multi-disciplinary teams in conducting reviews, such as comprehensive post implementation reviews (PIR) on selective major projects
  • Provide advice and guidance in the application of the Asset Management and Investment Management Framework and monitor for compliance across OPG
  • Support manager to develop corporate wide asset management and portfolio management process consistent with corporate strategies for the development of an integrated OPG strategic investment plan
  • Maintain internal lessons learned and best practices knowledge in support of investment decision framework
  • Apply excellent understanding of the ISO055000 international standards on asset management to influence asset management program development
  • Maintain and keep current the corporate Investment Management Framework including processes, procedures and supporting toolkits for Business Case Summaries, Post Implementation Reviews and Life Cycle Planning
  • Undertake independent comprehensive assessments, financial evaluations, investigations, analyses and prepare reports, briefings/presentations, and recommendations on OPG projects and investment initiatives
  • Provide guidance in terms of past practice/precedent and new methods and approaches
  • Judgement is often required for analysis of the data, synthesis of stakeholder inputs and drawing of conclusions/recommendations based on known and unknown factors
  • May also involve visits to similar projects external to OPG for purposes of benchmarking results and exchanging of key lessons learned
  • In the review of very complex projects, determine the need for and coordinate the efforts of external consultants and experts in specialized subject areas when necessary
  • Provide advice and guidance to line groups in Nuclear, EP, CIO and Corporate Functions on the proper application of corporate Asset Management and Investment Management Framework procedures on planning, programming and decision analysis methods
  • Monitor and take steps to ensure compliance with Asset Management and Investment Management Framework
  • Provide periodic reports to senior management on key results and lessons learned across OPG
  • Develop mitigation strategies and implement plans as necessary to ensure compliance and corporate requirements are met
  • Stay abreast of industry best practices and new technical methods and recommend alternatives for improving OPG investment processes
  • Provide advice on investment decisions and strategic initiatives, which have operational, financial, public relations, environmental, health and/or safety implicationsProvide expert technical direction in assigned area of expertise and responsibility
  • Consolidate in-flight project portfolio forecasts and forecasts of candidate projects. Integrate forecasts for business planning, including forecasts of capital expenditures, capital in-service amounts, project OM&A and provision.
  • Support asset management processes, including software tool configuration, governance, data maintenance, validation, and quality control checks, risk assessment, portfolio optimization, reporting, information sharing with key stakeholders and addressing stakeholder feedback.
  • Support project-related governance preparation, support & submissions, variance analysis, interrogatory and other requests as necessary.
  • Provide user training and rollout on Asset Management and Investment Management processes, procedures, and tools.
  • Other Duties as Required

EDUCATION

  • A 4-year University degree in Business, Commerce, Economic, Finance, Accounting or Actuarial Science
  • Professional Accounting or Certified Financial Designation or a PMP/MBA required

QUALIFICATIONS

  • Ability to work effectively and efficiently in a flexible hybrid office environment.
  • 6-8 years of demonstrated relevant hands-on experience
  • Requires experience to have gained a practical knowledge of electricity fundamentals, electrical industry, power system operation and optimization, transmission and interconnection systems, generation and environmental technologies, market rules, market dynamics, market behaviors and economic principles to support maximizing the profitability of OPG investment decisions.
  • Requires experience to have acquired an understanding of engineering programs and standards, investment processes and tools, programming and planning processes.
  • Requires experience in the use of analytical tools to prepare project and risk evaluations and assessment reports.
  • Requires a strong strategic and external focus to be able to see the broad perspective of an issue and to identify and analyze critical business issues.
  • Requires experience with various analytic techniques, analysis practices and methods and to effectively integrate information from a number of sources and business perspectives.
  • Requires highly developed interpersonal skills to obtain co-operation both inside and outside the company, and to make persuasive and effective presentations to staff, senior management and external audiences.
    The successful candidate will exhibit uncompromising integrity and commitment to upholding corporate values, and the OPG Code of Business Conduct.

APPLICATION PROCESS

Please submit your application online at https://jobs.opg.com/ by 11:59 PM E.S.T., November 29 2024. OPG thanks all those who apply; however, only candidates considered for an interview will be contacted.

LI-Hybrid

.
The base salary range considers many factors including, but not limited to experience, education, and training, including any collective agreement requirements for union represented positions. It is not typical for the salary to be offered near the top of the range, and salary is dependent on numerous factors. For management roles, the base salary range does not represent the total compensation package. The total compensation package for regular full-time management roles includes pay-for-performance programs for annual and medium time periods. Maintaining a high-performance culture and excellence is a core expectation of every member of our leadership team and is rewarded through the established compensation framework.
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.

Responsibilities:

Please refer the Job description for details


REQUIREMENT SUMMARY

Min:6.0Max:8.0 year(s)

Financial Services

Accounts / Finance / Tax / CS / Audit

Finance

Graduate

Business commerce economic finance accounting or actuarial science

Proficient

1

Pickering, ON L1W 4A7, Canada