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Supervisor, Settlements
2 weeks ago
**Supervisor, Settlements (Non-Union)** **Mississauga, Ontario** Full-time, 35 hours/ week, Hybrid - At Alectra, we’re not just about _**_powering communities_**_; we’re about _**_empowering our people_**_. We prioritize well-being through a culture that fosters collaboration, innovation and continuous growth. We believe in providing a supportive and inclusive environment where everyone can thrive and make an impact._ **Are you a strategic leader with a passion for settlements and regulatory compliance?** The Supervisor, Settlements plays a vital role in overseeing the rates and settlements portfolio. This position ensures accurate, consistent, and timely reporting to external regulatory authorities and internal stakeholders while managing resources and processes effectively. **What you’ll do** **Validation and Reporting**: - Oversee the validation of Alectra Utilities’ cost of power, approximately $3 billion annually, across 60 energy delivery points. - Lead and manage reporting requirements of the IESO and MOE, including customer rebate submissions, settlements for embedded generations and settlements for Regulated Price Plan customers. - Oversee the validation of daily net system load shape and pricing information to support accurate billing. **Systems and Compliance**: - Provide expertise in the development and maintenance of settlement systems to ensure compliance with IESO and OEB requirements. - Lead the integration and upgrade of Alectra Utilities’ settlement systems to enhance functionality and operational efficiency. - Support the development and implementation of business processes and procedures to maintain the integrity of settlement functions and adapt to regulatory changes. **Customer and Stakeholder Management**: - Manage customer relationships with IESO, Hydro One, wholesale market participants, and embedded generator customers, ensuring satisfaction by addressing complex rates and settlement inquiries promptly. - Coordinate with field staff and other Local Distribution Companies (LDCs) to compile information necessary for load transfers. - Coordinate the work efforts with Meter Data Management, Meter Service Provider, IT and Billing departments to improve settlement efficiencies. **Team Leadership**: - Provide leadership and direction through coaching, development, performance management, and resource planning. - Manage department priorities to ensure accurate, timely analysis of revenue, wholesale, and retail settlements related to financial results. **Regulatory and Financial Support**: - Develop strategic positions and support the preparation of revenue, cost of power, load forecasts, and rate design for budgets and forecasts. **Industry and Policy Management**: - Monitor industry issues and regulatory developments, maintaining relationships with government and regulatory authorities to stay informed of evolving regulations. - Research, recommend, and implement policies and procedures to enhance operational effectiveness. **Corporate Values and Conduct**:Demonstrate professional conduct and align with Alectra’s core values of safety, teamwork, and customer focus. **Other Duties**:Perform additional tasks as assigned to support operational objectives **Who you are** **Education & Technical Knowledge** - Bachelor's degree in Engineering, Finance, Business Administration, Information Technology, Computer Science, or a related discipline. - Preferred designations: CMA/CGA/CA/CPA and/or P.Eng/C.E.T. - Experience operating within the IESO wholesale market. - Knowledge of regulatory and governmental requirements, engineering principles, load analysis, metering, billing, and settlement processes. - Familiarity with MV90, CMDE, Oracle LPSS, CC&B, Online IESO, and wholesale totalization tables. **Experience** - Minimum of 2 years in a leadership role, preferably in finance, engineering, settlements, and/or billing. - Experience in project management, rate-making, and regulatory compliance. - Experience in a regulated utility environment is an asset. **Skills/Abilities/Competencies** - Strategic problem-solving skills with analytical, interpretive, and evaluative thinking. - Ability to lead change and engage, develop, and motivate teams. - Strong planning skills to assess decision impacts. - Excellent written and presentation skills to organize and convey information effectively. - Ability to manage multiple projects and initiatives within timelines. - Conflict negotiation skills with the ability to resolve difficult situations. - Must hold and maintain a valid class "G" driver's license. **Where you will work** - _Hybrid: This role is based in a hybrid environment, allowing for a mix of remote and in-office work to support team collaboration and business needs. _ **Who we are** As the largest municipally owned electric utility in Canada, we are committed to growing, evolving and remaining innovative to build a sustainable and brighter future. Our values set us apart and