South Bow - IS Financial Analyst

at  TC Energy

Determined. Imaginative. Curious. If these are some of the ways you describe yourself — we want to learn more about you! At TC Energy, we are Energy Problem Solvers — passionate about transitioning North America to cleaner energy while meeting the energy demands of today and tomorrow. If that sounds like a challenge you want to help tackle, we want you to join our team!
At South Bow, we do one thing, and we do it well: safely moving oil between some of the world’s most critical markets. We’re building our high-performing team with versatile thinkers who thrive on solving big challenges together. If you’re ready for a position where your skills are highly valued and your work is incredibly important, we want to meet you. Bring your talents to a streamlined energy company, dedicated to operational, commercial and safety excellence as we pursue our critical purpose of delivering the energy people need.
On July 27, 2023, TC Energy announced the intention to spin off our Liquids Pipelines business and separate into two independent, investment-grade, publicly listed companies – TC Energy and South Bow. Please note that all hires will continue to be formally employed by a TC Energy employing entity until the separation is complete.
Posting Close Date: June 19, 2024.
The Opportunity
Reporting directly to the Manager, Enterprise Architecture and Governance, the IS Financial Analyst will play a crucial role in managing, monitoring, and analyzing the costs associated with our IS department.

In this position, you will be responsible for ensuring that costs are tracked and reported accurately, key metrics that drive resource utilization are well-understood and properly managed, budgets are adhered to, and financial risks are minimized. This will involve:

• Forecasting costs and expenses
• Monitoring budgets and reporting on variances
• Maintaining compliance with budgeting policies and procedures
• Providing financial oversight and control

To be successful in this role, you will need a strong background in operating budgets, project controls, accounting, or finance. A keen eye for detail and a deep understanding of contract management and cost control practices are also essential.
This is an excellent opportunity to leverage your financial expertise and analytical skills to drive efficiencies and mitigate risks within our IS department. If you are passionate about financial management and thrive in a complex, data-driven environment, we encourage you to apply.

What you’ll do

• Develop and maintain the annual operating and capital budgets for the IS department in collaboration with department managers and leadership.
• Analyze financial data, prepare budget reports and forecasts, and communicate budget information to stakeholders.
• Monitor budget variances and provide analysis on over/under budget spending.
• Assist in the budgeting process for new IS projects including gathering requirements, estimating costs, and submitting budget requests.
• Prepare detailed cost reports and forecasts, highlighting any variances between actual and budgeted costs.
• Ensure IS budgets align with company goals and strategies.
• Develop and implement budgeting processes, tools, and best practices to improve financial management.
• Monitor and analyze contract costs, including demand pipeline and actuals billing.
• Develop and maintain key relationships, within the company, with individuals that will impact and/or assist the financial analysis of IS projects.
• Work in conjunction with Financial Planning to ensure project budgets/forecasts are accurately captured in the company plan.
• Provide training and support to IS staff on budget policies, processes, and reporting requirements.
• Audit budget transactions and expenditures for compliance.
• Build and maintain lasting relationships with business leaders and have ability to bring strategic perspective to business and technical conversations.
• Have proven ability to explain complex concepts/issues in business language to gain support for technology strategy and architectural evolution.

Minimum Qualifications

• Bachelor’s degree in Finance, Accounting, or related field.
• Minimum 4 years of experience in budgeting, financial analysis or accounting roles preferably within IT.

Preferred Qualifications

• Strong understanding of contract management and cost accounting principles.
• Proficiency with financial software and advanced Excel skills.
• Strong analytical, problem-solving and organizational skills.
• Effective and influential verbal and written communicator.
• Ability to work to overcome obstacles and/or plans for contingencies.
• Detail-oriented with the ability to manage multiple priorities.

About our business
TC Energy is a leading energy infrastructure company in North America. We have three complementary businesses of natural gas pipelines, liquids (oil) pipelines, and power generation. Our operations span three countries, seven Canadian provinces, and 34 U.S. states.
TC Energy is an equal opportunity employer.
Learn more
Visit us at TCEnergy.com and connect with us on our social media channels for our latest news, employee stories, community activities, and other updates.

Thank you for choosing TC Energy in your career search.

• Depending on qualifications, the successful candidate may be offered a position at a more appropriate level and/or ladder.
• Applicants must have legal authorization to work in the country in which the position is based with no restrictions.
• All positions require background screening. Some require criminal and/or credit checks to comply with regulations.
• TC Energy is committed to provide employment opportunities to all qualified individuals, without regard to race, religion, age, sex, color, national origin, sexual orientation, gender identity, veteran status, or disability. Accommodation for applicants with disabilities is available on request during the recruitment process. Applicants with disabilities can request accessible formats or communication supports by contacting careers@tcenergy.com.

In this position, you will be responsible for ensuring that costs are tracked and reported accurately, key metrics that drive resource utilization are well-understood and properly managed, budgets are adhered to, and financial risks are minimized. This will involve:

• Forecasting costs and expenses
• Monitoring budgets and reporting on variances
• Maintaining compliance with budgeting policies and procedures
• Providing financial oversight and contro

What you’ll do

• Develop and maintain the annual operating and capital budgets for the IS department in collaboration with department managers and leadership.
• Analyze financial data, prepare budget reports and forecasts, and communicate budget information to stakeholders.
• Monitor budget variances and provide analysis on over/under budget spending.
• Assist in the budgeting process for new IS projects including gathering requirements, estimating costs, and submitting budget requests.
• Prepare detailed cost reports and forecasts, highlighting any variances between actual and budgeted costs.
• Ensure IS budgets align with company goals and strategies.
• Develop and implement budgeting processes, tools, and best practices to improve financial management.
• Monitor and analyze contract costs, including demand pipeline and actuals billing.
• Develop and maintain key relationships, within the company, with individuals that will impact and/or assist the financial analysis of IS projects.
• Work in conjunction with Financial Planning to ensure project budgets/forecasts are accurately captured in the company plan.
• Provide training and support to IS staff on budget policies, processes, and reporting requirements.
• Audit budget transactions and expenditures for compliance.
• Build and maintain lasting relationships with business leaders and have ability to bring strategic perspective to business and technical conversations.
• Have proven ability to explain complex concepts/issues in business language to gain support for technology strategy and architectural evolution