Overview
Job Title: Regulatory & Price Control Analyst
Location: Office-based (occasional travel/site visits), Muscat, Oman
Job Purpose
Execute activities related to economic regulations and price control management, ensuring Capex, Opex, and other supporting data are compiled accurately under the authority of the Head of RAB and Commercial Affairs. Support analysis and review of price control and allowed revenue setting. Provide regulatory advice and guidance to internal and external stakeholders, draft recommendations, and advise management on compliance policies, processes, and standards to ensure full organizational adherence.
Mandate Obligations
QHSSE
- Ensure compliance with HSE Management System.
- Monitor and report safety performance and compliance.
- Guide, advise, and enforce safe behavioral practices (Life Saving Rules, Process Safety Rules).
Culture
- Maintain and promote cultural principles.
- Foster organizational growth and support contributions that advance long-term success.
Main Tasks and Responsibilities
- Support compilation, analysis, and finalization of Capex, Opex, and other data for Price Control Setting and calculation of Maximum Allowed Revenue (MAR).
- Periodically report to the regulator on price control matters.
- Maintain and update the Price Control database and supporting financial/economic models.
- Analyse tariff impacts of new developments (Transportation and Connections Capex) and assist the Gas Allocation Committee with new connection mechanisms.
- Support due diligence for asset acquisition/transfer agreements and decommissioning activities in collaboration with stakeholders.
- Process invoices and accruals related to passthrough expenses and RAB consultancy expenses.
- Calculate connection fees/costs, finalize Connection Agreement Fee schedules, and monitor capitalization of connection assets into RAB base assets.
- Review capital expenditure capitalization processes under the RAB framework to ensure proper classification and lifetime valuation.
- Maintain and update databases for unregulated agreements, monitoring their impact on overall control.
- Assist with internal regulatory compliance audits, cost calculations, and tariff impact analyses.
Working Conditions
- Primarily office-based.
- Occasional travel and sporadic visits to operational sites.