Associate Pricing Specialist

Transpower New Zealand Limited (TPNZ); Wellington; On-site; NZD 55,000 - 75,000; Full time

Benefits offered by this job

Employee benefits

On-the-job learning opportunities

Job summary

Transpower New Zealand Limited (TPNZ) invites applications for a graduate/first-role level position in its Pricing team, based in Wellington. You will learn how transmission pricing works, support analytical, administrative and coordination tasks, and contribute to high-quality charge calculations.

You will develop an understanding of regulatory frameworks, commercial principles, and data-driven analysis while building confidence to turn information into clear insights for internal use and

Qualifications

• Strong attention to detail and comfort working with numbers, models, data or structured information.
• Clear verbal and written communication; ability to explain thinking simply and logically.
• Curiosity, initiative and the confidence to ask questions and follows through on tasks.
• Knowledge of regulatory frameworks and what it means to work in a regulated business.
• Understanding of commercial principles and the electricity industry’s core business processes.

Responsibilities

• Assist in calculating annual transmission charges to a high standard with minimal auditor changes.
• Provide high-quality analysis to explain the why behind the numbers, exploring anomalies.
• Contribute to the interpretation of regulated pricing obligations, risks, opportunities and incentives.
• Develop and operate commercial investment models for internal consumption that are easy to follow.
• Help foster understanding of what good looks like in a regulatory context within the business.

Skills

Data analysis

Attention to detail

Regulatory awareness

Clear communicator

Numerate degree

Education

Economics/Finance

Engineering/Mathematics

Data analytics/Commerce

Law

Job description

• Support advice and numerical analysis to internal and external customers
• Work with the specialised transmission pricing system
• Join a supportive team with stimulating, meaningful work

As New Zealand's only transmission company, Transpower's role as a State-Owned Enterprise is to build, operate, and maintain the National Grid.At the heart of the electricity sector, we have a unique and critical role, including helping to enable and accelerate a net carbon zero future.

Transpower sets its annual transmission charges each year in accordance with theTransmission Pricing Methodology (TPM), which is a schedule of the Electricity Industry Participation Code and is governed by the Electricity Authority. Because our transmission network is a natural monopoly, our investments in grid assets and allowable revenue are regulated by the Commerce Commission.

About the team

As the demand for electricity continues to grow to meet climate change and sustainability goals, so too does the demand for the critical infrastructure and Transmission services to enable this change.

The Pricing team is a small, supportive group of experts who operate and administer the grid pricing function that determines how Transpower's costs as owner and operator of the Grid (~$1B pa) are recovered from our direct customers.

The team must equally consider the interests of all our customers. This places a heavy reliance on consistency and precedent (as opposed to unregulated pricing that is much more flexible). The team is an internal gatekeeper for ensuring Transpower is kept whole (as a cost recovery business), and pricing outcomes are consistent with the guiderails of regulation.

Ultimately, our work supports Transpower to be a successful and commercially orientated business that works with the best long-term interests of New Zealand.

The opportunity

Based in our Waikoukou, Wellington Head Office, this is a chance to start building specialist knowledge in a supportive team doing work that matters for New Zealand’s electricity system. You do not need to arrive with deep electricity sector or pricing experience — we will help you learn. What you will bring is curiosity, analytical thinking, attention to detail, and a genuine interest in understanding how things work.

You will start by providing analytical, administrative, and coordination support while learning how transmission pricing works in practice. Along the way, you will be supported to ask questions, build confidence, and develop your ability to turn data and information into clear, evidence-based insights. You will learn how to contribute to:

• calculating annual transmission charges to a high standard, with minimal auditor-identified errors or changes.
• high-quality analysis, aimed at understanding the “why” behind the numbers, including following your intuition to explore and explain any anomalies.
• the development of Transpower’s interpretation and understanding of its regulated pricing obligations, risks, opportunities, and incentives
• developing and operating high standard commercial investment models or calculations for internal consumption that are easy to follow.
• helping foster a better understanding of what "good" looks like in a commercial and regulatory context throughout the business.

What will you bring

We are looking for someone at graduate or first-role level who brings energy, curiosity, strong attention to detail, and a quick-learning mindset. You may have studied economics, finance, engineering, mathematics, data analytics, commerce, law, or another numerate or analytical discipline. More important than your exact degree is that you enjoy asking “why?”, working carefully through detail, and making sense of information.

You do not need to have done this kind of work before. Your CV and cover letter will demonstrate, or show potential for:

• strong attention to detail and comfort working with numbers, models, data, or structured information.
• clear verbal and written communication, with an ability to explain your thinking simply and logically.
• curiosity, initiative, and the confidence to ask questions, test assumptions, and follow through on tasks.
• knowledge of regulatory frameworks and what it means to work in a regulated business.
• understanding of commercial principles.
• understanding and knowledge of the nature and design of the electricity industry’s core business processes.

In return, we will support you to build your confidence and grow your analytical thinking and ability to think and comprehend broadly across a topic, recognising multiple perspectives, acknowledging detail appropriately, and distilling to what it means in the context of Transpower’s strategic direction.

Why work for Transpower

An equal opportunity employer, we value the diversity of thought and knowledge sharing that comes from our people from over 28 nationalities — we learn from each other. You will be part of a team that is generous with its knowledge and committed to helping people grow. In addition to working as part of a super team, we support your health and wellness with a range of employee benefits https://www.transpower.co.nz/about-us/careers/benefits and on-the-job learning, project, and secondment opportunities over time.

Role closes Tuesday 1st September

however where possible, applications will be reviewed as they are received, and informal exploratory conversations may take place prior to the close date.

While reasonable consideration will be given to your personal circumstances, candidates must have existing full eligibility to work in New Zealand.

Interested in knowing more, and seeing our Wellington head office?Watch a brief videohere

Expertise Accounting and Finance, Analysts & Researchers, Regulatory

Transpower’s careers website is the official channel for advertised vacancies. Any correspondence from Transpower regarding a role will be from [e-mail] or a similaremail address.

Please be wary of any invitation email or approach that doesn’t look quite right. If you are in any doubt as towhether any correspondence is from Transpower or one of our people, please contact us directly to confirmwww.transpower.co.nz/contact-us