Regulatory and Revenue Specialist POST NUMBER: 306725
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
About the Opportunity
- 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.
About You
- 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
Salary Range
$85,000 - $105, 000/year
How to Apply
Click the “Apply Now” button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats.
When referencing this job, quote #306725
This position for employment is for a current vacancy with Vaco/Highspring’s client. You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.
Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual’s skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company’s 401(k) retirement plan. Additional disclaimer: Unless otherwise noted in the job description, the position Vaco/Highspring is filing for is occupied. Please note, however, that Vaco/Highspring is regularly asked to provide talent to other organizations. By submitting to this position, you are agreeing to be included in our talent pool for future hiring for similarly qualified positions. Submissions to this position are subject to the use of AI to perform preliminary candidate screenings, focused on ensuring minimum job requirements noted in the position are satisfied. Further assessment of candidates beyond this initial phase within Vaco/Highspring will be otherwise assessed by recruiters and hiring managers. Vaco/Highspring does not have knowledge of the tools used by its clients in making final hiring decisions and cannot opine on their use of AI products.
EEO Notice
Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com.
Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.
Representation Notice
By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
For residents of Ontario, Canada: Based on Highspring’s discussions with its Client, Highspring’s understanding is that this position for employment is a current vacancy (either through Highspring as a contractor or with the client directly).
Privacy Notice
Vaco by Highspring and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco by Highspring”) respects your privacy and are committed to providing transparent notice of our policies.
- 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.
Additionally, submissions to this position are subject to the use of AI to perform preliminary candidate screenings, focused on ensuring minimum job requirements noted in the position are satisfied. More details about Vaco by Highspring’s use of AI can be found here (https://www.highspring.com/ai-use-notices/). Further assessment of candidates beyond this initial phase will be conducted by recruiters and hiring managers. Vaco by Highspring does not know and cannot opine on if its client’s use of AI products in hiring.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.