Milton Hydro | Regulatory & Revenue Specialist

Regulatory & Revenue Specialist

JOB TITLE:
Regulatory & Revenue Specialist

SALARY RANGE: $80,000 - $105,000

WHO WE ARE
Milton Hydro is on the threshold of an exciting transformation. The energy sector is experiencing dynamic change and opening doors for exciting new career opportunities.

Milton Hydro’s Vision is progressive and forward-looking – creating new customer and community possibilities for a smart, sustainable and electrified future. Our focus is on being customer-centric, where all employees work towards enhancing the customer experience.

WHY YOU WANT TO WORK HERE
We care about our employees, our community and growing our businesses. You are not just a number as we get to know the person behind the name and appreciate each individual’s unique contribution that support our successes.

Our focus is on delivering a sustainable, electrified future for our customers and community, through collaborative leadership and innovative solutions. Our belief system is based on respect, teamwork, communication and excellence in everything we do.

POSITION SUMMARY
The Regulatory & Revenue Specialist plays a key role in supporting Milton Hydro’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.

Candidates who hold a CPA designation and possess strong accounting and analytical capability, but who have not previously worked in a regulated utility, are encouraged to apply.

KEY DUTIES

• 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.

SKILLS AND ABILITIES

• 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
• Advanced time management skills and the ability to prioritize responsibilities
• Advanced problem-solving skills
• Demonstrated ability to review existing processes and implement improvements to their efficiency and control
• Experience querying and analyzing data from a…