April 20, 2024
Electric Energy Jobs

Manager, Investment Management

Organization:
Hydro One Inc.
Region:
Canada, Ontario, Toronto
End of contest:
September 6, 2021
  This job posting has expired
Type:
Full time
Category:
Finance
Description

Job ID 43137

Specific Accountabilities:

The Manager, Investment Management will support the Director of Strategy & Integrated Planning in effectively planning, managing, monitoring and controlling the execution  of the investment planning function, including the development of the Investment Plan Proposal and the development of the Asset Management Business Plan and Budget, management of the business case approval process, management of in-year investment work release and redirection and other adhoc projects and analyses, as required.

Through collateral relationships with and within the context provided by the Director, Strategy & Integrated Planning, (i.e., corporate strategies and policies, accountabilities, tasks, budget and programs, compliance and performance targets, expectations for continuous improvement, etc.), this role will be accountable for the following:

  • Manage the development and execution of the multi-year investment plan and associated initiatives in order to ensure internal alignment with Company goals (asset need, work execution, financial performance) and objectives through collaborative relationships

  • Manage prioritized, defensible (customer, financial, regulatory, assets) investment strategies and plans to meet Hydro One's Corporate Strategic Objectives including promoting innovation and modernization consistent with customer expectations.

  • Develop and manage an integrated investment planning process (resource requirements, work acceptance) to meet objectives of Operations and Corporate requirements. Lead Planning's contributions to Business Planning and Regulatory applications in support of the investment plans. 

  • Support corporate business planning, including preparation of briefing materials, presentations, and proposals

  • Facilitate a common understanding of asset risks and controls; the results of these assessments are expected to have a significant impact on corporate strategy, planning, and performance.

  • Leads teams to conduct economic, technical and operational analysis in the areas of asset planning and operations, customer relations, information management. Initiate, conduct and direct development work on new methods, standards and technologies to solve unusual and complex utility challenges.

  • Manage and enhance the approvals and work release process of the investment lifecycle, including performance reporting

  • Manages the business case approval process, including compliance with Hydro One financial rules, OAR, etc.

  • Participates in the development of Asset Management and company regulatory positions to influence the evolution of the Ontario electricity market in order that the Company is appropriately positioned to add customer value and prosper under the rules and regulations, as required.

  • Advise corporate stakeholders on implications of investment changes, performance results, strategy and business planning.

  • Define, implement and communicate key metrics, service levels and other criteria in support of the investment planning process

  • Research, analyze and implement industry best practices related to asset management, risk management and portfolio performance

  • Acts as project leader and provide direction to involved staff doing the detailed work related to the investment planning work area. Plan, schedule and assign the work with instructions, provide advice and guidance, and check the work to maintain quality, accuracy and productivity. Where alternative solutions are available, select an optimum course of action and make recommendations to the Supervisor where any highly unusual operating expense or amount of staff is involved.

  • Responsible for maintaining a team of subordinates.

 Management Skills:

  • Translate organization's goals and objectives to establish the context for work that guides the work of the team and the individual's contribution

  • Build the team's ability to work in alignment with achieving business objectives

  • Establish a willingness to share information and expertise between team members

  • Build commitment amongst team to establish and maintain standards and achieve common goals

  • Ensure the permeation of sound decision making within the department governed by an appreciation of the corporate context.

Selection Criteria:

  • Requires 8-10 years related experience with demonstrated progressive supervisory experience or equivalent.

  • Requires knowledge of the electrical utility industry, including asset risk management.

  • Requires knowledge of business administration to develop and monitor the budget and to provide costing estimates and specifications on a variety of projects.

  • Requires experience to be familiar with techniques, technology, practices and procedures as well as inter-relationships with internal and external groups. 

  • Sound written and oral communications skills. Exceptional presentation abilities, adept at building and sustaining strong working relationships at all levels, cross-functionally and cross-divisionally, and developing and implementing creative, innovative solutions that take into account business and financial considerations

  • Results driven and a demonstrated ability to build rapport and credibility with stakeholders quickly. Able to successfully deliver desired results under tight timelines

  • Strong ability to handle ambiguity and identify critical decision points in order to obtain successful outcomes

  • Demonstrated experience successfully developing and implementing cross-functional initiatives for improved business performance

  • Demonstrated ability to interact and communicate effectively with all levels of employees, senior management and external contacts

Attributes:

  • Strong, confident personality

  • Detail oriented

  • Good executive presence

  • Works well under pressure, with ambiguity and in uncertainty

Education:

  • Bachelor's Degree, Master's degree strongly preferred in engineering, finance, or economics

Read the full posting.

Contact

Hydro One Inc.

483 Bay St

Toronto

Ontario Canada

www.HydroOne.com


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