Commercial Lead, Strategic Project Delivery

52254 - Toronto - Regular

Hiring salary range: $4,374.92 - 5,874.88 / Bi-weekly

Hydro One is proud to be the largest electricity transmission and distribution provider in Ontario, serving nearly 1.5 million customers. We have a long history in the industry with our roots dating back over 110 years to 1906. Since then, we have worked to grow and evolve to meet the changing needs of our customers and communities across Ontario. Today, we’re focused on providing exceptional customer service and ensuring we are building safe communities where we live, work and play.

It’s an exciting time to join the team at Hydro One!

Job Function:

To provide a heighten financial controls and enhanced contractual oversight and ensure smooth relationship with service providers for large outsourced engineering, procure and construct projects (over $100M+). Ensure that the financial position of the construction projects is accurately reported, cost expenditures are reasonable and prudent, financially feasible and controlled effectively.

Job Description:

• Manage risks related to the identification, quantification response development and response control Engineering, Procurement and Construction contractual and financial side of the major construction projects
• Responsibility for implementation of Change management and application of risk management strategy developed for the project.
• Provide support and advice to the project management teams on matters such as contract compliance, contract awareness, contract change management, claims, and variations, legal and financial matters. Coordinates with Supply Chain, Legal and other lines of business where subject matter expert input is required.
• Ensure all commercial processes and document control complies with the appropriate Hydro One standards and governance processes.
• Will develop and/or prepare and submit internal reports on commercial progress (i.e., project spend, and forecast, change orders approved, in review etc.) in coordination with Project Manager.
• Support preparation of business cases and financial/commercial strategies for project updates or new projects.
• Support Project Managers in developing their sourcing strategies through discussing delivery models and contract options and ensure coordination with Supply Chain and Legal.
• Plan commercial administrative activities in line with project schedules.
• Analyze rates proposed by contractors, prices, cash flow, assumptions, exclusions, contract changes and risk assignment with Project Manager during bid evaluation.
• Responsible for maintaining auditable project records in accordance with contract requirement, focus on ensuring clear trail of responsibility to support response to potential compensation events.
• Responsible for reviewing month-end reporting data with the delivery teams. Develop forecasting methodology for Strategic Projects functional area.
• Responsible for monthly forecasting working with the Project Managers who will be accountable for forecast.
• Effectively manage all contract commercial requirements including compensation events and notices. Ensure contractual notices are issued in accordance with contractual timeframes. Analyze variations and/or compensation events as required. Highlight deviation from contract, error in development of contractor price change or impact to schedule, excessive costs or additional contract risks created.
• Reviewing contract changes and purchasing order prior to their execution in the financial system and prior to release to vendors as final quality control step.
• Ensure accurate and timely review applications for payment. Review invoice and ensure alignment of invoice with work completed, cost to date, forecast cost to complete, track burn rate for inconsistencies that will put budget amounts at risk. Clarify any potential errors with contractors. Review outstanding matters with Project and Commercial Managers prior to invoice approval.
• Work with estimating to collate cost and value information from ongoing projects to support analysis of current project and future forecast.
• Other duties as assigned.

Required:

• 8+ years of utilities, power, energy or related financial and / or commercial experience; University degree in business administration, finance, law, engineering, or a complementary field; Relevant professional designation is an asset (CPA, PMP, CIQS etc.).
• Advanced communication skills, both verbal and written, with the ability to express thoughts in an organized, concise manner across all levels.
• Experience in creating and executing action plans based on business analytics, financial models, and corporate objectives.
• Demonstrate business acumen by translating technical options into business objectives.
• Excellent problem solving, strategic thinking, and analytical skills.
• Ability to negotiate and influence behavior of vendors and service providers.
• High tolerance and desire to work in environment with constant change.
• Ability to work independently as well as collaboratively in a team to develop high-quality results within required timelines.
• Commitment to integrity and safety.
• Provide a work environment that supports and values diversity.

At Hydro One we understand that the success and strength of our business rests with our people. When we develop their skills, we are investing in both their success and ours. To secure the best talent, we seek to create a workforce that reflects the diverse populations of the communities where we live and work and to create a culture based on safety, innovation and inclusiveness.

We are honoured to be recognized by Forbes in its list of Canada’s Best Employers for 2026.

Thank you for considering a career with Hydro One, we welcome applications from all qualified candidates. If you are having difficulty using our online application system and you need an accommodation due to a disability, please email [email protected]. Hydro One will provide reasonable accommodation for qualified individuals with disabilities in the job application process.

Please note this email is only for accommodation requests. Resumes sent to this email address will not be considered.

"Employer of the year 2026"

Deadline: November 16, 2026

The base salary for this role considers a variety of factors, including candidates' knowledge, skills, experience, education, and any applicable collective agreement requirements for union-represented positions. Hydro One provides an extensive offering of programs to promote a culture of safety, wellbeing, inclusivity, and sustainability to enable our employees to be the best version of themselves. For management roles, compensation is based on the principle of pay-for performance compensation philosophy, and the amount of annual adjustments and incentive payments depends on how well you and the company perform (subject to plan terms). We encourage open dialogue about compensation with our Talent Acquisition Team, who can provide more detailed information specific to this role.

This posting is for an existing vacancy.

Hydro One uses AI tools to assist in the screening and assessing candidates for this role. Our use of AI does not replace human decision-making.

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We thank all applicants for their interest in a career at Hydro One; however, only those candidates who are selected for an interview will be contacted.