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Supervisor, Settlements - Mississauga, Canada - Alectra Utilities

Alectra Utilities

Verified Company

Mississauga, Canada

1 month ago

Posted by:

Sophia Lee

beBee Recruiter

Description

The Opportunity

Job Posting Number:

Position:

Supervisor, Settlements

Location:

**Mississauga (Derry)
(Hybrid: Remote/In-office)

Reports to:

Manager, Rates & Settlements

Business Unit:

Rates & Settlements

Division:

Regulatory

Hours per Week:

35

Rate of Pay:

Number of Openings:

1

Union:

No

Open:

May 19, 2023

Close:

June 2, 2023

Alectra is committed to putting our people first in providing a positive employee experience and a safe work environment. Our Hybrid Workplace policy allows for an effective balance for employees with the opportunity to work in a hybrid environment; a combination of Remote / Inoffice work based on operational requirements._

Position Purpose:

The Supervisor, Settlements provides leadership and support to the rates and settlements portfolio including managing resources and processes to ensure accurate, consistent and timely reporting to both external regulatory authorities and internal users.

Responsibilities:

Responsible for the daily validation of cost of power (approximately $3 billion annually) represented by energy settlement amounts over 60 energy delivery points
Ensures the accurate and timely calculation of daily net system load shape required for billing
Leads and manages the timely and accurate reporting of IESO & MOE reporting requirements, including rebate submissions, settlement of embedded generation submissions (i.e. Regulated Price Plan vs. Market Price Variance, Ontario Electricity Rebate, Class A Consumption, Gross Load Adjustments, etc.)
Provides business expertise in the development and maintenance of settlement systems to ensure compliance with the IESO and OEB requirements
Manages customer relationships with the IESO, Hydro One, wholesale market participants and embedded generator customers to achieve customer satisfaction by handling all complex rates and settlement inquiries in a timely manner
Coordinates with field staff and other LDCs to compile information necessary to identify, investigate and settle load transfers
Manages key individual(s) within the team and coordinates the work efforts of Meter Data Management and Meter Service Provider to improve efficiencies and achieve strategic objectives
Supports the development and implementation of business processes and procedures required to ensure the integrity of settlementrelated functions and support ongoing regulatory and market settlement changes (i.e. IESO Market Renewal)
Manages department priorities to ensure the accurate, timely and effective analysis of revenue, wholesale and retail settlements of cost of power and regulatoryrelated elements of monthly financial results
Supports financial reporting requirements related to revenue, cost of power and regulatory results including variance analysis of actual to budget, forecast and yearoveryear
Ensures that all regulatoryrelated accounting, policies and procedures are established and maintain compliance with OEB, IESO, Ministry of Energy, and Ministry of Finance laws, codes, and regulations
Manages the introduction of new or modified regulatoryrelated business processes including the creation of job aids and employee training
Manages department projects and key initiatives to ensure quality and timely completion within budget
Provides overall people leadership and direction through coaching, development, performance management and resource planning
Monitors industry issues and regulatory developments; and builds and maintains solid working relationships with government and regulatory authorities in order to proactively keep abreast of new and evolving regulations, including recommending appropriate course of action to industry changes which best supports the organizations position
Researches, recommends and implements new or enhanced policies, procedures and processes to improve operational effectiveness
Performs other duties as assigned

Education & Specialized Knowledge

Bachelor's degree in Engineering, Finance, Business Administration, Information Technology, Computer Science or a related discipline
CMA/CGA/CA/CPA and/or P.Eng /C.E.T designation is preferred
Experience operating within the IESO wholesale market
Knowledge of regulatory and governmental requirements including: Retail Settlement Code, Distribution Settlement Code, Standard Supply Service Code, Affiliate Relationships Code, Electricity Distribution Rate Handbook, Accounting Procedures Handbook, IESO Market Rules, Electricity and Gas Inspection Act, Accessibility for Ontarians with Disabilities Act
Knowledge of engineering principles, load analysis, metering, billing, and settlement processes
Knowledge of MV90, CMDE, Oracle LPSS and CC&B
Familiar with Online IESO and wholesale totalization tables

Experience