Financial Analyst, Regulatory Affairs - Prescott, Canada - The MEARIE Group

The MEARIE Group

Verified Company

Prescott, Canada

3 weeks ago

Posted by:

Sophia Lee

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Description

Job Title:
Financial Analyst, Regulatory Affairs

Reports to:
Chief Financial Officer

Nature of Position
Do you have strong experience in financial analysis? Are you looking to join an established organization and work with a strong team?

Rideau St. Lawrence Utilities (RSLU) is seeking a Financial Analyst that is of high integrity, takes ownership, and someone who cares. At our family like workplace, we care for each other, and have outstanding compensation and benefits. We invite you to become part of an organization that has challenging opportunities, organization values, and a charismatic team.

We are dedicated to recognizing our employees by offering:
Great Pay

Defined Benefit Pension Plan

Excellent company paid benefit program

Learning & development opportunities

Reporting to the CFO the Analyst will primarily be responsible for calculating the cost of power using power data from the

IESO:

assisting with the recording and reporting of regulatory deferral accounts and related variance accounting: assisting with the preparation of supporting documentation for regulatory filings and rate submissions to the Corporations regulatory body; provide assistance with financial, regulatory and cost analysis; as well as budgeting and cost of service studies.

The Analyst is accountable for ensuring that the regulatory reporting requirements are reported in a timely and accurate manner. The incumbent is responsible for aiding with audit activities and year end working papers.

Essential Duties and Responsibilities

Assists in the preparation of rate submissions and related projects ensuring compliance.
Submission of regulatory filings, ensuring adherence to submission guidelines
Submission and reconciliation of monthly Regulated Price Plan Settlement and rebates with the Independent Electricity System Operator (IESO)
Prepare annual regulatory reporting to the Ontario Energy Board (OEB) and IESO
Coordinates responses to industry data requests and responses for regulatory and government agencies.
Submission of regulatory filings, ensuring adherence to submission guidelines
Submission and reconciliation of monthly Regulated Price Plan Settlement and rebates with the Independent Electricity System Operator (IESO)
Prepare regulatory reporting to the Ontario Energy Board (OEB) and IESO
Key contributor for the implementation, maintenance, and enhancements of processes for Wholesale Settlement.
Interprets and provides feedback on regulatory decisions, amendments to existing codes and new regulations.
Liaises with internal departments to coordinate new process workflows resulting from government/regulatory directions.
Assist with budget preparation and analysis for annual business planning purposes
Complete and monitor monthly and annual analysis, reconciliation, preparation, of financial data for various stakeholders
Oversee and guide the Administration and Collections clerks
Other duties as assigned

Required Skills, Qualifications and Experience:

University Degree in Business Administration/Finance, Accounting, or Commerce or equivalent relevant work experience
CPA designation
57 years' Financial, Regulatory, or Business Analyst experience required.
Solid financial and business acumen, skilled in policy and the ability to interpret legislation and regulations.
Advanced Microsoft Excel skills
Excellent verbal and written communication skills able to effectively deliver / disseminate regulatory changes and financial information.
Strong attention to detail and can prioritize accordingly in a demanding and fastpaced environment.
Solid analytical and problemsolving skills with a clear focus on the delivery of excellent customer service
Experience analyzing large volumes of data and converting them into quantitative and qualitative information for evidencebased business decisions.
Ability to work independently.

Shift & Normal Work Week:

The normal work week shall be thirty five (35) hours per week consisting of five (5) days of seven (7) hours each from Monday to Friday inclusive between the hours of 08:30 and 16:30 with a one (1) hour lunch break.
Overtime as required.

**APPLICATION INFORMATION