Rates Analyst

TC Energy; Calgary; Hybrid; CAD 70,000 - 110,000; Full time

Job summary

TC Energy is seeking a Rates Analyst in Calgary to support the Canada Gas Commercial objectives. You will assist in developing and pricing transportation services for our western Canadian pipeline systems, building financial models, and delivering data-driven insights to drive optimized asset performance.

The role requires solid experience in financial modeling, rate design, and cross-functional collaboration, with a hybrid work model and emphasis on accuracy under deadlines.

Qualifications

• Bachelor's degree in Economics, Commerce/Business or related field.
• Strong knowledge of cost of service, rates calculations and service analysis.
• Proficient in Excel modeling with large data sets and scenario analysis.

Responsibilities

• Become a subject matter expert in the Canada Gas regulated business model.
• Independently perform cost of service, rates calculations and service analysis.
• Develop and maintain toll design, cost of service and pipeline financial models.
• Support the Commercial team in optimization and competitiveness initiatives.
• Support Rates team in development of rate design and transportation services.
• Collaborate with internal partners to validate modeling assumptions and results.
• Maintain the Rates database and implement analytics enhancements as needed.
• Produce reports and presentations for senior leadership.

Skills

Economics

Financial modeling

Data analysis

Excel modelling

Power BI

Communication

Teamwork

Education

Bachelor's degree in Economics, Commerce/Business or related field

Tools

Microsoft Excel

Power BI

Job description

Determined, imaginative, curious—if these are some of the ways you describe yourself, we want to learn more about you! At TC Energy, we are proud to connect the world to the energy it needs. Guided by our values of safety in every step, personal accountability, one team and active learning, we deliver the critical energy that North America and the world rely on while balancing reliability, affordability and sustainability.

The Opportunity

Our Calgary-based Rates & Services West team plays an integral role supporting TC Energy’s Commercial objectives. In this fast-paced position, you will gain knowledge of the Canada Gas Commercial business by assisting in the development and pricing of transportation services for our wholly-owned pipeline systems in western Canada.

We are seeking a motivated Rates Analyst with knowledge and experience in analytical and financial modeling. The successful candidate will also demonstrate the ability to build and maintain collaborative working relationships to achieve business results. This individual has the proven skills, competencies and capacity to learn the rate-regulated pipeline transmission business and commercial framework to help optimize our assets.

Reporting to the Manager, Rates & Services West, this position provides analytical and project support for transportation rate calculations, forecasting, and commercial and financial initiatives related to the NOVA Gas Transmission Ltd. (NGTL) and Foothills pipeline systems. Working collaboratively with team members and business partners, the role contributes to the achievement of Canada Gas Commercial objectives through data-driven insights and operational support.

What You’ll Do

• Become a subject matter expert in the Canada Gas regulated business model
• Independently perform cost of service, rates calculations and service analysis
• Develop and maintain toll design, cost of service and pipeline financial models
• Support the overall Commercial team in optimization and competitiveness initiatives
• Support the Rates team in the development of rate design and transportation services
• Work closely with internal partners to understand project requests and/or analysis and to validate and refine modeling assumptions and results
• Assist in the monthly maintenance of the Rates database, and develop analytics-based enhancements as required
• Be a champion for continuous process improvement through the development & maintenance of analytics solutions, including data gathering, visualization and automation of recurring tasks
• Prepare reports and present analysis (including assumptions, methodology, impacts and overall results) to senior leadership
• Effectively operate in a growing and changing environment under tight deadlines
• Provide support for regulatory filings and industry committee initiatives
• Other tasks as required

Minimum Qualifications

• Bachelor's degree from an accredited university in Economics, Commerce/Business or related field
• Minimum 4 years of related and progressive industry/business experience
• An equivalent combination of education and experience may be considered

Preferred Qualifications

• Knowledge of revenue / cost modeling and economic evaluations
• Demonstrated experience working with complex financial/economic models
• Proficient in full suite of Microsoft Office products, with strong Microsoft Excel modeling abilities in particular. This includes the ability to manipulate large volumes of data, efficiently manage model enhancements for scenario analysis and effectively maintain and improve spreadsheet models relevant to the current business environment
• Strong interpersonal and communication skills including the ability to work effectively, both independently and in teams, and to develop and maintain collaborative working relationships
• Knowledge of Power BI and management information systems to support the Rates database
• Detail-oriented with strong time management, planning and organizational skills
• Ability to handle multiple assignments on a timely basis, with a high degree of accuracy and confidentiality
• Self-starter with a proactive approach to problem identification and solution recommendations
• Experience using data, analytics, or AI-enabled tools to improve efficiency, consistency, or transparency of analysis (e.g. automation, data preparation and/or visualization, or research synthesis)
• Familiarity with the regulated pipeline model, including regulatory processes and rate design concepts
• Exposure to accounting concepts such as depreciation; and with an understanding of fundamental principles of finance and/or economics and their applications to business situations

To remain competitive, support our high-performance culture and allow for more flexibility in the way we work, we offer a hybrid work model and flexible dress code for our eligible office-based workforce in Canada, the U.S. and Mexico.

About Our Business

We are a leader in North American energy infrastructure, spanning Canada, the U.S. and Mexico. Every day, our dedicated team proudly connects the world to the energy it needs—moving over 30 per cent of the cleaner-burning natural gas used across the continent. Complemented by strategic ownership and low-risk investments in power generation, our infrastructure fuels industries and generates affordable, reliable, sustainable power across North America, while enabling LNG exports to global markets.

TC Energy is an equal opportunity employer and participates in the E-Verify program supervised by the US government. We welcome applications from all qualified individuals regardless of race, religion, age, sex, color, national origin, sexual orientation, gender identity, veteran status, or disability. We are also committed to providing accommodations throughout the recruitment process. Applicants requiring accommodations or accessible formats are encouraged to contact us at [e-mail] for support.

All applicants must have legal authorization to work in the country where the position is based, without restrictions. Background screening is required for all positions, which may include criminal and/or credit checks. Offers may be extended at a different level or job title that best aligns with the successful candidate's qualifications.

Learn more

Visit us at TCEnergy.com and connect with us on our social medial channels for our latest news, employee stories, community activities, and other updates.

Thank you for considering TC Energy in your career journey.