Regulatory and Revenue Specialist
Vaco Llc
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. Why Work Here
- Competitive compensation, including annual incentive opportunity
- 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
- Opportunities for learning, development and growth
- 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.
- Assist in the preparation of annual distribution revenue budgets, quarterly forecasts and 5-year forecasts.
- 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.
- Professional Accounting Designation, CPA
- 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
- California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here .
- Virginia residents may access our state specific policies here .
- Residents of all other states may access our policies here .
- Canadian residents may access our policies in English here and in French here .
- Residents of countries governed by GDPR may access our policies here .
- the individual's skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
by Jobble
Vacancy posted 6 hours ago
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