Manager Budgeting & Regulatory Affairs
- Hay River, NT
- Job Industry
- Utilities (Public & Private)
- Job Category
- Accounting and Finance
- Job Type
The Manager, Budgeting & Regulatory Affairs provides team leadership and supervision to the Budget & Regulatory Affairs team in forecasting, planning and managing the budgeting, long term financing, business case analysis and regulatory operations of the Corporation. This occurs while ensuring compliance with Corporation policies, goals and objectives in these areas. They provide advice to the CFO on setting corporate strategy and assist in planning and directing departmental goals, budgets, objectives and programs in a team managed organizational structure.
- Develops, manages and defends the Corporation’s utility rates. This includes managing and developing applications to change utility rates, models to determine costs allocations and reporting to the NWT Public Utilities Board. This includes being a corporate witness at regulatory hearings or presentations to Standing Committees of the Government of the Northwest Territories.
- Leads the development of the annual operations and maintenance budget using two financial frameworks.
- Conducts quarterly and monthly budget variance analyses and forecast updates for all corporate affiliates and divisions.
- Leads in the development of financial models to support business scenarios and decisions. Provide support in the formulation of model inputs and processing of data through financial and operations models.
- Prepares position papers, briefing notes, and presentations on major financing, budgeting, business planning and regulatory issues and proposals to ensure the effective communication of Corporate financial planning strategies, makes presentations to senior leadership and the Board.
- Provides professional advice and analyses of a variety of statistical data and prepares reports with recommendations to senior leadership relative to the Corporation’s financial performance objectives including budgeting, general rate applications, business case analysis, load and revenue forecasts and other regulatory submissions.
- Provides professional advice to senior leadership regarding the on-going evaluation and development of short and long term improvements in financial planning.
- Develops and makes recommendations to the CEO and CFO on strategies to optimize treasury risk and performance.
- Leads meetings of Joint Finance Committee comprised of NT Hydro and the GNWT. Responsible for drafting agendas for discussion and coordinating required materials for discussion.
- Negotiates contract terms with the GNWT, advisors, trustees & transfer agents and makes recommendations to CFO on long-term financing options.
- Coordinates team meetings on a regular and ad hoc basis to establish work goals and objectives and provides team leadership and technical direction to financial professionals and support staff.
- Participates in the recruitment of staff, prepares job descriptions, sets performance objectives, provides technical direction and advice, identifies training needs and the resources available to meet staff training requirements, monitors and evaluates the work and performance of staff, and promotes effective labour relations.
- Performs the duties of the CFO when required.
- Other responsibilities in applicable areas within work unit as assigned by the Director.
- Bachelors degree in Business or Commerce required.
- Completion of a CPA, MBA or CFA designation required.
- 5 – 10 years related financial management and consultative experience.
- Experience developing or managing utility rate regulation is an asset.
- Several years of Supervisory experience is an asset.
- Knowledge and experience in financial planning procedures to coordinate activities and to provide sound advice and recommendations regarding the development, implementation and monitoring of financial plans and operating budgets.
- Computer skills to operate a variety of software programs (word processing, spreadsheets, databases, electronic mail, Internet, presentations) with proven experience in financial and accounting systems to design and produce a variety of financial and administrative documents and reports.
- Experience with Great Plains accounting software and / or Public Sector Accounting Standards is an asset.
Salary for this position ranges from $69.05/hr-$86.31/hr. We offer a comprehensive benefits package which includes health and dental benefits, long-term disability, life insurance, paid sick days and a defined benefits pension plan.
Affirmative Action Employer - Candidates must clearly identify eligibility status in order to receive priority consideration.
We thank all those who apply and advise that only those selected for further consideration will be contacted.