Senior Regulatory Rates Advisor

FortisAlberta; Calgary; On-site; CAD 90,000 - 120,000; Full time

Job summary

A leading utility company in Calgary is seeking a Senior Regulatory Rates Advisor to design distribution tariff rates and riders. This role involves applying regulatory principles to develop fair rates, overseeing revenue models, and advising on regulatory decisions. Candidates should have a Bachelor's degree in a relevant field and at least 7 years of experience in a regulated environment, preferably in the electrical utility industry.

Qualifications

• Minimum of 7 years of related experience.
• Experience in a regulated environment, preferably in the electrical utility industry.
• Ability to communicate complex concepts clearly.

Responsibilities

• Design rate and rider structures for distribution tariff applications.
• Oversee preparation of revenue models incorporating multiple inputs.
• Advise on regulatory decisions and support training for implementation.

Skills

Analytical skills

Mathematical skills

Communication skills

Organizational skills

Time management

Teamwork

Education

Bachelor’s degree in economics, statistics, actuarial science, accounting or engineering

Tools

Microsoft Excel

SQL

Power BI

Job description

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Under the general direction of the Manager Utility Rates and Revenue, the Senior Regulatory Rates Advisor holds primary responsibility to design FortisAlberta’s distribution tariff rates and riders for recovery of the entirety of FortisAlberta’s capital and operating costs from customer rate classes. This involves applying accepted regulatory and ratemaking principles to develop and gain approval of rates and riders from the AUC that are fair and workable for customers, retailers and the company. In addition, the Senior Regulatory Rates Advisor will support the group’s responsibilities in the preparation and review of comprehensive revenue forecasts and analysis, as well as monthly deliverables.

Please note that our Calgary Office will be relocating to Airdrie in early 2027.

DUTIES & RESPONSIBILITIES INCLUDE (but not limited to):

Rate Design:

• Design rate and rider structures in support for Distribution Tariff applications made to the Alberta Utilities Commission (AUC), including supporting the development of written testimony
• Advise internal customers on the interpretation and application of rates and riders, and support the implementation of rates in the billing system to ensure the rates are applied consistent with regulatory approval
• Develop models/calculators that compute approved and proposed rate and rider designs and the associated revenues
• Advise on interpretation and implementation of decisions from regulatory authorities
• Train and support others within Regulatory and support training and tariff implementation for other departments

Regulatory Revenue:

• Oversee the preparation of a revenue model that incorporates a variety of inputs from multiple functional areas and employs complex regulatory and financial computations
• Review monthly accruals, forecasts and internal reporting on corporate results prepared by the Regulatory Revenue Advisor
• Identify and resolve gaps in data or information quality
• Resolve revenue-related financial issues within regulatory parameters
• Special projects and other duties as assigned

KNOWLEDGE, SKILLS & ABILITIES:

• Demonstrated analytical and mathematical skills, primarily with respect to financial analysis and complex modeling
• Advanced proficiency in Microsoft Office (Word, Excel, PowerPoint); specifically utilizing Excel and VBA for data analysis and modeling
• Experience with SQL and Power BI
• Effective verbal, written and presentation communication skills including the ability to clearly present information to various audiences in both formal and informal settings
• Excellent organizational and time management skills to manage multiple priorities and competing demands with tight timelines
• Proven ability to work within a team environment or independently without direct supervision
• Understanding of financial, accounting, and economic concepts
• Solid understanding of utility ratemaking principles and processes
• Thorough understanding of the Alberta electric industry (all components) and related regulations

EDUCATION & EXPERIENCE:

• Bachelor’s degree in economics, statistics, actuarial science, accounting or engineering plus a minimum of 7 years of related experience; an equivalent combination of education and experience may be considered
• Experience communicating complex, detailed concepts widely to differing audiences in a concise, compelling manner verbally, in writing and graphic formats would be an asset
• Experience working in a regulated environment, preferably within the electrical utility industry would be an asset

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Legal

• Industries

  Utilities

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