Regulatory Affairs Specialist Contractor

3 days ago

Milton, Ontario, Canada Vaco LLC Full-time

About the Company Our client is a local distribution company. They are looking for a Regulatory and Revenue Specialist who will be responsible for the company's regulatory accounting and financial reporting obligations. Reporting to Manager, Regulatory Affairs, the incumbent is responsible for regulatory accounting, analysis, reporting, wholesale/retail settlement support, and supporting the preparation of OEB filings and rate applications. Working collaboratively across the organization, the successful candidate will help ensure regulatory compliance and contribute to the achievement of corporate objectives.
Comprehensive Benefit Package, including Vacation & Floater Day entitlements, Health & Dental Benefits, Health & Wellness Spending Account, Employee Family Assistance Program and OMERS Pension plan
Complimentary on-site Fitness Center
Company phone / data plan
Flexible work arrangements
Perform regulatory accounting activities, including analysis and reconciliation of deferral and variance accounts, energy and distribution revenues, and other regulatory balances.
Validate the accuracy of the monthly IESO invoice and complete monthly settlement related claims with the Independent Electricity System Operator.
Perform statistical and trend analysis on billing journal and General Ledger (GL) transaction data - including year-over-year, month-over-month, budget, forecast and weather-normalized variance analysis - to identify anomalies and explain the drivers behind results.
Support rate applications, RRR filings, other regulatory proceedings and stakeholder inquiries.
Monitor regulatory developments, assess impacts to the organization, and provide recommendations to support compliance and informed decision-making.
Collaborate with internal departments to ensure the accurate implementation of regulatory requirements, approved rates, and business processes.
Maintain regulatory documentation, records, controls, and reporting processes to ensure ongoing compliance.
Participate in special projects and perform other duties as assigned.
Minimum 3 years in accounting/financial analysis role
Experience in a regulated industry is considered an asset
Strong analytical and statistical skills, including the ability to work with large volumes of data to identify trends, errors and anomalies
Advanced MS Excel skills, including pivot tables, statistical functions and large dataset handling; proficiency with the balance of MS Office
Advanced ability to read, interpret and apply complex documents, such as regulatory decisions, tariffs, contracts and policy guidance
Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual's skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company's 401(k) retirement plan. Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. For residents of Ontario, Canada: Based on Highspring's discussions with its Client, Highspring's understanding is that this position for employment is a current vacancy (either through Highspring as a contractor or with the client directly).
Vaco by Highspring and its pare