Commercial Lead, Strategic Project Delivery
Hydro OneApply now Date: Oct 30, 2026 Location: Toronto, ON, CA Company: Hydro One Networks Inc 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 Manage…