Regulatory Financial Expert

3 days ago

Acton Municipalité Régionale QC, Canada Halton Hills Hydro Full time
Job 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.

We focus 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 successful candidate will be primarily responsible for:

  • Preparing monthly settlement process with the IESO;
  • Recording and reporting of variance accounting;
  • Preparation of supporting documentation for regulatory filings and rate submissions with the Ontario Energy Board and other agencies;
  • Following regulatory proceedings and advising on implications to the Corporation;
  • Providing assistance with financial regulatory and cost analysis as well as budgeting and annual and cost of service rate classes;

The ideal candidate will support the Regulatory Affairs Officer to ensure business and corporate objectives are met. Responsibilities include preparing monthly and annual regulatory journal entries, completion of monthly unbilled calculations and reconciliations of distribution and deferral and variance accounts, and completing monthly settlement related claims with the IESO as required including OER and RPP Settlement claims.

A key requirement of this role is to remain current on all new or changing regulatory accounting guidance and communicate the implications to the organization. Additionally, you will support the billing department to ensure accurate testing and implementation of approved rates and rate riders, per OEB approved Tariff of Rates and Charges.

You will 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, ability to work independently and as an analytical thinker, conduct research, data analysis, and solve complex problems are essential.

An interest in electricity regulatory policy and compliance, knowledge of the regulated Ontario electricity market, regulations and other regulatory instruments are considered assets. We offer a salary range of $80,000 - $120,000 annually.

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