Regulatory Specialist

Elexicon Energy is the fourth-largest municipally owned electricity distributor in Ontario. Our mission is to provide our customers with reliable, affordable energy services and to continuously improve to meet their needs, while ensuring the needs of our shareholders are met through sustainable growth.

WHY JOIN OUR TEAM?

At Elexicon Energy we believe in living and leading our values through our daily actions. Our people are passionate about what they do and are engaged in day-to-day operations, projects and initiatives to support Our Why of empowering the communities we serve and helping customers create the possibilities that energize their future. This is an exciting time to join our growing team as we develop the strategies and plans to support a new brand and vision for customer centricity and operational excellence!

Reporting to the Manager, Regulatory Applications and Accounting this is a senior position responsible for preparing, reviewing, and planning all activities related to applications filed by electricity distributors (such as, rate applications, cost of service applications, service area amendments). This role is a key contributor to Elexicon’s budget and financial planning, as well as regulatory processes and reporting. In addition, this role is responsible for supporting and providing ancillary subject matter expertise on rates and application-related matters as required.

DUTIES & RESPONSIBILITIES

+ Preparation of data, analysis, narrative, strategy, and related evidence required for cost-of-service applications and annual rate updates.

+ Builds and leverages data and analysis, including distribution revenue variance, regulatory reporting analysis, and benchmarking studies in support of regulatory strategy, applications content, and internal business improvements.

+ Provides quantification, data analysis and evidence-writing support, and leads all lines of business in preparing for various regulatory filings including cost of service applications, annual updates and other regulatory proceedings.

+ Oversees, with support of management, the implementation of new rates - distribution, commodity, regulatory, rate framework outcomes, and conducts post-mortem assessment of applications process to ensure seamless implementation and future process improvements.

+ Support and improves the processes for reports and databases required in financial reporting and for internal/external agencies.

+ Represents and advances the organization's regulatory strategy, acting as a subject matter expert at regulatory proceedings and industry stakeholder engagements.

KEY SKILLS & QUALIFICATIONS

+ Significant experience in energy, regulated utilities such as electricity, nuclear, natural gas, or related power industry, or within a highly regulated technical sector is preferred.

+ Ability to influence, lead and manage stakeholder relationships.

+ Advanced ability to evaluate and resolve complex regulatory issues due to extensive knowledge of related regulatory requirements.

+ Strong skills in research, analytical and information management analysis, meaningful data interpretation and problem-solving ability.

+ Strong awareness of and commitment to tech-forward, streamlined, and modern software ecosystems, technologies, and platforms.

+ Familiarity with Regulatory Accounting (Modified IFRS) is preferred.

+ Familiarity with SAP business solutions is strongly preferred.

+ Knowledge of distribution rate-making fundamentals is preferred (consideration for other rate regulated industries).

+ Knowledge and understanding of financial and operating consequences of regulatory rules, policies and proposals.

+ Excellent qualitative and quantitative analytical/critical thinking skills to identify and solve a wide range of business problems.

+ Project management skills.

+ Strong spreadsheet and numerical skills.

+ Good verbal and written communication skills.

+ Ability to research, understand and interpret external regulations or supporting materials produced by regulatory bodies (i.e. OEB).

MINIMUM REQUIREMENTS

+ Bachelor’s degree in relevant financial or technical field (e.g. Economics, Business Administration, Engineering, Finance).

+ Five (5) years professional experience in regulatory affairs, rate applications, and/or accounting.

+ Graduate degree in above disciplines (preferred).

Our Commitment to Diversity, Equity, Inclusion and Belonging:

Elexicon Energy embraces and celebrates our collective diversity. We are committed to fostering an inclusive, diverse and equitable workplace built on respect, support and collaboration.

Elexicon Energy is an equal opportunity employer. We value an inclusive and supportive workplace which truly reflects the diversity of the communities we serve. We welcome all individuals to apply and do not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, disability, age, Indigenous/Métis status, or other legally protected status.

In accordance with the Ontario Human Rights Code and Accessibility for Ontarians with Disabilities Act, 2005, accommodation is available upon request at any point during the recruitment process. If you require accommodation please email us at HR@elexiconenergy.com and we will work to meet your needs.

We thank all applicants; however, only those to be considered will be contacted.