Director, Regulatory Affairs

1 week ago

Cambridge ON, Canada GrandBridge Energy Inc. Full time

GrandBridge Energy Inc. is guided by a vision to be a leader in energy transformation and driven by a mission to bridge communities to the energy future. GrandBridge Energy delivers safe and reliable electricity to 113,000 customers in the City of Brantford, the City of Cambridge, the Township of North Dumfries, and the County of Brant. Our talented employees fulfil our mission to help our communities bridge the transition towards an evolving and dynamic energy future. Our values are the principles and beliefs that guide our operations.

 

GrandBridge Energy is recruiting for a Director, Regulatory Affairs & Revenue Assurance to join our team at our Glebe office in Cambridge. The position also offers a hybrid work schedule with a requirement of three days in-office.

 

Major Responsibilities:

 

  • Provide strategic direction for the Regulatory Affairs and Billing & Settlements teams, overseeing and coaching two direct reports to achieve departmental goals.
  • Drive continuous improvement in core processes, leveraging technology to streamline operations, increase efficiency and improve internal controls.
  • Provide leadership on regulatory compliance matters for the Company, acting as a resource to provide expertise, and guidance on a wide variety of regulations, policies, codes, rules and programs to ensure compliance with the requirements of the Ontario Energy Board (“OEB”).
  • Build and maintain strong relationships with the OEB and ensure that applications and filings with the OEB are prepared and defended in the Company's best interests.
  • Represent the corporation’s interests in external stakeholder committees, proceedings and consultations and advise on regulatory strategy and policy to the Leadership Team and Board of Directors.
  • Oversee regulatory accounting processes to ensure timely and accurate recognition of electricity revenues per OEB guidance, thorough reconciliation of electricity purchases, and maintenance of robust internal controls to ensure financial integrity.
  • Publish monthly financial commentary that comprehensively summarizes revenue performance to budget, offers insight into customer growth and consumption trends, and analyzes net movements in deferral and variance accounts.
  • Direct billing and settlement operations including issuance of timely and accurate bills, settlement of power costs with the system operator, and compliance with regulations.
  • Identify key areas for performance measurement within the Regulatory and Billing & Settlement departments and define relevant Key Performance Indicators and metrics for tracking progress.
  • Provide guidance and support to ensure a positive workplace culture that fosters collaboration, growth, and employee well-being.

 

Qualifications:

 

A minimum of 10 years of experience in a Regulatory leadership role, a Bachelor’s degree in Business/Accounting or related discipline, and a professional accounting designation are required. A sound working knowledge of OEB and IESO rules, codes & regulations and a strong understanding of utility accounting is an asset. The successful candidate will have strong strategic, analytical, interpersonal and communication skills, including the ability to interact with all levels of management. With solid business analysis and planning experience, the candidate is able to handle multiple projects and exercise good judgment in prioritizing tasks. Proficient use of Microsoft Office tools, including Excel, Word and PowerPoint, is required.

 

We offer an excellent working environment, career path exploration and development opportunities, a comprehensive total rewards package, and opportunities to get involved with teams and charitable events that support and make a difference in our community. To become a member of our team, please forward your resume by July 1, 2024. When applying for the position, please quote “ Director, Regulatory Affairs & Revenue Assurance” in the subject line.

Kindly note, we do not entertain unsolicited referrals or resumes from third-party agencies or recruiters for our job postings.

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