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Pricing Advisor
2 months ago
We are seeking a highly skilled Pricing Advisor to join our team at The MEARIE Group. As a Pricing Advisor, you will play a critical role in coordinating and participating in cost allocation, rate design development, and impact assessment for Transmission and/or Distribution rates.
Key Responsibilities- Cost Allocation and Rate Design: Develop, maintain, and implement cost allocation and rate design models used in the derivation of Distribution and/or Transmission tariffs for Networks customers, including customers of acquired utilities.
- Planning and Coordination: Plan and coordinate with business units to obtain necessary data to run the models.
- Rate Development and Analysis: Develop Transmission and/or Distribution pricing options and tariffs for regulatory submissions, in accordance with policy and strategic direction discussed and agreed by manager. Run various scenarios, as appropriate to perform rate impact assessments.
- Regulatory Support: Participate in the preparation of study results and analysis data for Senior Management review and approval. Support interactions with the Regulatory function and other business units during the development of Transmission and/or Distribution rate proposals and during the implementation phase.
- Stakeholder Engagement: Provide advice and guidance on pricing policies to respond to Government, the Regulator, and customer inquiries.
- Regulatory Hearings: Assist with Ontario Energy Board and other regulatory hearings. Participate in the development of positions and prepare position papers and submission, in accordance with policy and strategic direction discussed and agreed by manager, for regulatory and other hearings.
- Knowledge Management: Initiate studies and reviews to maintain up-to-date knowledge of existing and emerging pricing and rate design issues in the Province of Ontario. Keep abreast of Government and the Ontario Energy Board policies related to the electricity industry and its impact on Distributors and/or Transmitters.
- Customer Education: Assist in the implementation and customer/stakeholder education activities related to cost allocation and rate design.
- Code and Rule Development: Participate and support the evolution of the Transmission and/or Distribution System Code and other related codes and rules.
- Market Rules Support: Support work related to the amendment and evolution of the Market Rules administered by the IESO.
- Representative Role: Provide assistance to the transmitters representative on the IESO Technical Panel in the areas of cost allocation, rate design, and pricing policies.
- Task Force and Committee Participation: Represent the company on task forces and committees to inform and educate external stakeholders in the areas of cost allocation, rate design, and pricing policies, programs, and processes.
- Leadership and Training: Provide limited supervision to staff by providing advice, guidance, and work instruction on work programs and projects. Provide training to other or junior pricing staff as required to develop in-house Transmission and Distribution cost allocation and rate design capability for the department.
- Business Planning and Analysis: Support the development of various pricing and rate design options for business planning and business analysis and assist in the development of business and strategic cases.
- Education: Requires a knowledge of economics and finance to develop and implement cost allocation and rate design models, methodologies, guidelines, and rate structures associated with transmission and/or distribution system needs.
- Experience: Requires experience in the electricity industry and regulatory framework in Ontario and the Distribution and/or Transmission functions.
- Skills: Requires an understanding of producing and processing raw data to extract information and summarize results. Requires experience with planning and consultation to provide strategic advice on rate design and pricing issues. Requires experience in project coordination to effectively plan and prioritize work to meet conflicting deadlines. Requires experience in preparing reports and evidence to support the Company's regulatory applications. Requires strong interpersonal skills to work with other teams within the Company. Requires an understanding of the Company's objectives and how these relate to the implementation and use of Distribution and/or Transmission pricing. Requires experience with computer software packages such as SAS, Excel, Access, Word, and Power Point to produce statistical reports, etc. Requires experience in customer service work within the corporation; such as, cost allocation studies, interpretation, and application of rates.
