Manager, Regulatory Affairs

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Company: Milton Hydro

Location: Milton, ON L9T 0A1

Description:

POSITION SUMMARY

Reporting to the Chief Financial Officer & Vice President, Finance, the Manager, Regulatory Affairs will be responsible for the oversite of regulatory activities and manages the day-to-day functions of the Regulatory Affairs Department.

KEY DUTIES
  • Provides support to VP, Finance in the development of recommendations to Executive Management Team on regulatory strategy, policy, compliance, and communications.
  • Assesses alternative regulatory options where the utility is involved and recommends optimum approach for the Company.
  • Prepares and is accountable for thorough, persuasive evidence and argument for submission to the Ontario Energy Board in support of the Company's applications for rates, licences, and regulatory rule-making proceedings.
  • Prepares and/or reviews Company submissions in support of interventions in external regulatory proceedings, regulator consultations on codes and guidelines, and others matters with significant regulatory content.
  • Represents and advances the Company's position in a variety of external contexts including OEB proceedings, IESO interactions and other stakeholder consultations.
  • Maintains productive and beneficial business relationships with the OEB, IESO and other industry participants.

MAJOR RESPONSIBILITIES:
  • Rates and Regulatory Applications Prepares and is accountable for thorough, clear, and persuasive narrative evidence and argument in support of Corporate positions. Responsible for ensuring the completeness and accuracy of all spreadsheet models used in rate applications. Provides company representation/testimony, case management, witness preparation and support, and liaison with external counsel as appropriate.
  • Prepare the Five-Year Annual Business Plans and Quarterly Forecasts, Including:
    • regulatory affairs department budget
    • distribution revenue budget,
    • energy revenue,
    • cost of power,
    • regulatory asset and liabilities
  • Regulatory Compliance Interprets and applies existing and proposed regulatory legislation, codes, guidelines, and market rules. Co-ordinates and ensures operational and reporting compliance with relevant regulatory requirements.
  • Regulatory Analysis and Strategy Provides expert analysis, to support VP, Finance with recommendations with respect to overall Corporate regulatory strategy, as well as preferred policy and approach on specific issues.
  • External Regulatory Representation Represents the Corporation in external stakeholder proceedings and consultations sponsored by the OEB, the IESO and other industry participants.
  • Regulatory Policy and Support Provides expert regulatory advice internally to key managers in the Corporation.
  • Documentation and Recording Keeping Manages record-keeping activities to facilitate timely and accurate submission of Regulatory documents and maintains records for internal and external review.

KEY COMPETENCIES
  • Leadership: Confidently leads and develops people and teams in a changing and dynamic environment leveraging the skills of others and delegates courses of action towards the achievement of the strategy and vision of the Company while remaining energized, positive and focused.
  • Vision and Alignment: Shares a compelling and inspired vision and strategy for Customer Experience and the Billing department and generates commitment and alignment of its people.
  • Communications and Listening Skills: Demonstrates the fundamentals of effective communications: active listening, adapting communications styles to audiences, clarity, empathy and responsiveness.
  • Business Sense: Understands and uses the workings, structure, climate and culture of the Company and the industry to achieve business and growth outcomes.
  • Financial Acumen: The position requires understanding of financial information to provide independent and objective evaluations of the corporation's financial and operational business activities to maximize value and support the financial health of the Company.
  • Relationship and Network Building: Seeks and builds alliances, maintains effective relationships, communicates in a compelling and articulate manner instilling commitment, and fosters open respectful two-way communication channels, internally and externally to further the strategy and vision of the Company.
  • Decision Making: Makes appropriate business decisions to avoid unsafe or costly decisions to the organization. Must be able to analyze and synthesize information to understand issues and the situation to make appropriate, realistic and timely decisions.
  • Negotiation: Actively listens for underlying nuances and messages and collaborates to build consensus, manage and/or resolve conflicts and reach mutually agreeable outcomes.

SKILLS AND QUALIFICATIONS
  • Knowledge of the operations of utilities and the industry in Ontario.
  • Strong analytical, communications and interpersonal skills.
  • Understanding of customer experience issues and how they relate to utility regulation.

EXPERIENCE & EDUCATION
  • Related experience (8+ years) in a management role.
  • Possession of a Canadian CPA accounting designation.
  • Expertise in the OEB's codes (e.g. Distribution System Code, Affiliate Relationships Code, etc.) and relevant legislation.


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