Senior Advisor, Financial and Regulatory Affairs

Deadline: 
Jul 08, 2022
Location: 
Iqaluit
Email: 
careers@qec.nu.ca

Energize your career in the Arctic!

 

Find your next exciting adventure in the Canadian Arctic! Join our team of highly motivated and experienced industry professionals as we provide safe, reliable, and affordable power across Nunavut.

 

Working in Nunavut

 

Nunavut is Canada’s newest and largest territory and has the fastest growing economy in the country. With breathtaking landscapes and amazing adventure opportunities, you will find excitement not only in your career, but in your free time as well. If the thought of dog sledding, snowmobiling, kayaking, ice fishing, or exploring a rich culture filled with distinct artwork and music sounds enticing, Nunavut is the place for you.

 

Qulliq Energy Corporation

 

Qulliq Energy Corporation (QEC) is entrusted to provide safe, reliable power to all customers in Nunavut. Owned by the Government of Nunavut and operated as an arms-length territorial corporation, QEC is the sole provider of electricity and district heating in Nunavut. In comparison to other utilities in Canada, QEC faces unique challenges as it operates 25 stand-alone diesel power generation facilities and distribution systems located in each of the territory’s communities.

 

Senior Advisor, Financial and Regulatory Affairs (QEC-22-016)

IQALUIT, NU

 

Based out of Iqaluit, Nunavut and reporting to the Chief Financial Officer, the Senior Advisor, Financial and Regulatory Affairs is responsible for supporting the Chief Financial Officer in capital planning and financial management for the Corporation. The position is responsible for developing load forecasts that inform future capital projects such as genset replacements, power plant replacements, distribution infrastructure, and other major capital projects. In addition, the position uses load forecasts to estimate revenue, fuel expenditures, and other cost factors to develop rate structures that ensure competitive market rates and the recovery of the economic costs in the provision of the Corporation’s services.

Duties and Responsibilities:

  • Designs, implements, and evaluates the Corporation’s regulatory reporting, compliance, budgeting, external funding, and forecasting structures related to the Corporation’s utility accountabilities.
  • Analyzes, interprets, and reports corporate information related to financial planning, capital budgets, and regulatory affairs.
  • Leads the Corporation’s financial analysis and reporting of regulatory filings, such as major project permits, general rate applications, fuel stabilization rate applications, district heating rates applications, and other applicable regulatory filings.
  • Monitors, reviews, analyzes, and advises on changes to legislation, regulations, and rules that may affect the Corporation’s financial and regulated operating environment.
  • Oversees the provision of external funding, such as grants and contribution agreements, and prepares progress reports and contribution expense claims.
  • Prepares all regulatory documentation and ensures they are filed within the applicable timelines.
  • Prepares cost of service studies, analyzes and calculates rates, rate adjustments, rate policies, and regulations.
  • Collaborates with senior management in aggregating, analyzing, and auditing information to build business reports and respond to information requests.
  • Drafts briefing notes and correspondence for the Minister responsible for QEC.

Required Qualifications Include:

  • Bachelor’s degree in Business Administration or Commerce with a concentration in Finance or Accounting.
  • Professional designation as a Chartered Professional Accountant (CPA).
  • Seven years of experience in a financial or regulatory position.
  • A combination of experience preparing research reports, financial accounting processes, budgets, and/or regulatory compliance processes.

Assets:

  • Experience in a utility environment is an asset.
  • Experience in a public service environment is an asset.

 

We offer a competitive starting salary range of $106,587.00 to $136,227.00 a northern living allowance of $15,016 per annum, a comprehensive benefits package including a defined benefit pension program and subsidized staff housing. This position is not included in the Nunavut Employees Union.

 

Preference will be given to Nunavut Inuit.

 

To apply send your application by email to careers@qec.nu.ca or by mail to: Human Resources, Qulliq Energy Corporation, P.O. Box 420, Baker Lake, NU X0C 0A0

 

Apply in writing, by July 8, 2022.

 

Applications for this competition may be considered for future employment opportunities with QEC.

We thank all applicants for their interest; however, only those selected for further consideration will be contacted.