City : Ottawa

Category : Full time - Temporary (Fixed Term)

Industry : Electricity Transmission/Utilities

Employer : Hydro Ottawa Holding Inc.

At Hydro Ottawa, we empower the lives of the people in the communities we serve. 

As the electricity distributor to the Nation’s Capital, our work powers all the essential activities that make up our lives - at home, at work and at play. And as Ontario’s largest municipally-owned producer of green power, we are leading the way to a greener tomorrow. 

We are looking for trailblazers and innovators to join us as we build an energy future that will keep our City and our planet green for generations to come. 

Are you ready to make a difference in our community?
 

JOB SUMMARY

The Rates and Revenue Advisor is responsible for providing advice and support to the Regulatory Affairs Group. This position interfaces with a variety of internal and external business stakeholders to ensure all financial transactions are tracked and regulatory financial reporting activities are accurate, coordinated, comprehensive and delivered in a timely manner. The Rates and Revenue Advisor also supports ongoing and special projects related to revenue and cost flows/ recoveries.  

MAJOR RESPONSIBILITIES

The essential responsibilities of the job include but are not necessarily restricted to the following:

• Through the development of reporting tools, help coordinate, monitor and assist in reporting variance and deferral accounts, as detailed in the Accounting Procedures Handbook

• Review and validate transactions coded to variance and deferral accounts in cooperation with Billing and Finance

• Ensure existing and new business charges are accurately mapped to the Uniform Standard of Accounts (US of A)

• Submit monthly, quarterly and annual regulatory reports in a timely and accurate manner

• Provide guidance and oversight on initiatives or projects that impact regulatory financial reporting

• Assist the manager in the budgeting and forecasting of distribution and cost of power revenues and cost of power expenses

• Monitor and analyze distribution and cost of power revenue and provide variance explanations to budgets and forecast

• Assist in the formulation of  ‘cost-side’ variances to ensure the appropriate recoveries are applied for, with the Ontario Energy Board (OEB)

• Keep apprised of ongoing changes in regulatory and industry activities that impact financial reporting requirements and results

• Participate in consultations by the OEB on accounting/financial matters

• Work closely with operational divisions to ensure regulatory strategies are considered for financial reporting and budgets

• Develop and coordinate/conduct studies and prepare reports and recommendations relating to electricity rates, electricity bill impacts, electricity cost of service and revenues

• Develop and maintain relationships with key functional stakeholders

• Actively participate in activities or initiatives that promote awareness of financial, regulatory and industry issues

• Perform other related duties as required

EDUCATION AND EXPERIENCE

• Post-secondary education in accounting

• A minimum of 5 years related experience

• Accounting Designation (CMA, CGA, CA) considered an asset

• English essential, both oral and written

• Bilingual (English/French) considered an asset

The terms and conditions of employment for this position are governed by the collective agreement between Hydro Ottawa Limited and IBEW Local 636.

Hydro Ottawa offers a Hybrid Work Model. Hybrid work is position specific, the details of which the hybrid model will be discussed with successful candidates.

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Hydro Ottawa is committed to establishing a qualified workforce that reflects the diverse population it serves and we encourage applications from all qualified individuals. We are also committed to preventing and removing barriers to employment for people with disabilities, and we invite you to inform us should you have any accessibility or accommodation needs.

Applicants must be legally entitled to work in Canada.