Regulatory Financial

24 hours ago

Acton ON, Canada Halton Hills Hydro Full time

Company Description Halton Hills Hydro provides distribution excellence to approximately 23,000 customers in the Town of Halton Hills. As a local distribution company licensed by the Ontario Energy Board, our mission is to provide electricity distribution excellence in a safe and reliable manner. Halton Hills Hydro focuses on safety, reliability, competitive rates, financial metrics, conservation, environmental initiatives, community focus, and smart grid implementation. We have a history of innovation and have received recognition for our leadership in the industry and community.

This position reports to the Regulatory Affairs Officer. The Regulatory Finance Analyst will be primarily responsible for the monthly settlement process with the IESO, recording and reporting of variance accounting, the preparation of supporting documentation for regulatory filings and rate submissions with the Ontario Energy Board and other agencies, follow regulatory proceedings and advise on implications to the Corporation, provide assistance with financial regulatory and cost analysis as well as budgeting and annual and cost of service rate classes. 

Support the Regulatory Affairs Officer to ensure business and corporate objectives are met
Prepare monthly and annual regulatory journal entries
Completion of monthly unbilled calculations and reconciliations of distribution and deferral and variance accounts
Complete monthly settlement related claims with the IESO as required including OER and RPP Settlement claims
Remain current on all new or changing regulatory accounting guidance and communicate the implications to the organization
Support the billing department to ensure accurate testing and implementation of approved rates and rate riders, per OEB approved Tariff of Rates and Charges
Maintain positive working relationships with all internal departments, management staff and employees as well as with external customers, contractors, municipal agencies and governmental bodies
Advanced Microsoft Office skills
Work independently and as an analytical thinker with the ability to conduct research, data analysis, and solve complex problems
Knowledge of procedural controls and data validation techniques is required
An interest in electricity regulatory policy and compliance
Knowledge of the regulated Ontario electricity market, regulations and other regulatory instruments considered an asset

3 to 5 years progressive experience in a regulatory or finance role
~ Experience with financial modeling will be considered an asset
~ Post secondary degree in Business or Accounting or equivalent
~ Recognized professional accounting designation or advanced standing towards obtaining an accounting designation (CPA designation preferred)
~

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