Senior Manager of Regulatory Affairs and Risk Management | Enova Power Corp.

Sartor and Associates Inc. has been retained by Enova Power Corp., a progressive company dedicated to providing the highest level of service and a safe and positive work environment, to recruit a Senior Manager of Regulatory Affairs and Risk Management. 

BACKGROUND

In September 2022, Kitchener-Wilmot Hydro Inc. and Waterloo North Hydro Inc. merged to become Enova Energy Corporation.  Enova is owned by the City of Kitchener (53.4%), the City of Waterloo (30.8%), the Township of Woolwich (8.5%), the Township of Wilmot (4.5%), and the Township of Wellesley (2.8%).

Enova Power is the 7th largest electricity distribution company in Ontario by customer count, providing energy solutions to over 157,000 residential and business customers in the City of Kitchener, City of Waterloo, Township of Woolwich, Township of Wilmot, and Township of Wellesley.  Enova Power’s 311 employees are dedicated to providing safe and reliable energy solutions that energize and empower their communities.

CANDIDATE PROFILE

Reporting to the Vice President Finance & CFO, this position is responsible to maintain and share current knowledge of relevant regulations affecting the corporation (including proposed and final regulations).  Assist other departments with regulatory compliance, to assist with developing regulatory strategy; coordinate and administer all financial, statistical and service quality information report to the Ontario Energy Board; to administer the Corporate rate submissions, adjustments and supporting evidence to the Ontario Energy Board and administration of regulatory accounting processes to ensure Ontario Energy Board compliance.  This position is further responsible for the development and maintenance of an overall risk management process for the organization and oversight of insurance policy purchases and claims.  This manager’s position will supervise staff in the Regulatory Department and provide leadership and maintain a team environment. 

Direct Reports to the Senior Manager:  Manager of Regulatory Compliance, 2 Regulatory Analysts 

DUTIES & ACCOUNTABILITIES

• Provision of Expert Advice: Counsel and confer with the VP Finance & CFO and executives keeping them informed of regulatory changes and risks affecting the Corporation
• Risk Management: Maintain knowledge of all regulatory issues affecting the corporation; analyze impacts and oversee implementation of required regulatory changes. Design, implement and maintain the risk management program for the Corporation which includes identifying risks; analysis of impacts and mitigation recommendations.
• Reporting & Compliance: Implementation and management of all financial, statistical and service quality information reporting to the Ontario Energy Board Oversight of Corporate regulatory filings or refiling of evidence in support of the Ontario Energy Board regulatory requirements. Purchasing insurance and maintaining records of claims.
• Administration of accounting processes to ensure that Corporate accounting systems financial reporting are in compliance with the Ontario Energy Board's "Accounting Procedures Handbook". Development of corporate reporting systems for internal and external reporting; provide training to corporate staff as required.
• Performance Management: Manage resources and the performance of the Regulatory Team through sound leadership and the development of the team. Prepare and deliver performance reviews for direct reports. Participate and recommend candidates in the recruitment and selection process.  Coach and direct staff on the interpretation and application of programs, rules, concepts and client management strategies.
• Training & Support: Building risk awareness amongst staff. Provide regulatory and technical support to other departments and consultants.
• Continuous Improvement: Recognize and undertake the responsibility to continually develop vision, professional knowledge and skills relevant to the position and other staff, to continually foster employee development and maintain a skilled workforce. Promote advancement of best practice and quality initiatives to provide a focused environment.
• Budgeting: Prepare and monitor the departmental operating and capital budgets and ensure that the department operates within the approved budget.
• Safety: Provide leadership for Occupational Health & Safety activities for the organization to effectively promote a culture of health, safety and loss prevention. 

QUALIFICATIONS

Education:

• Bachelor’s degree (B.A.) from 4-year course or university
• CPA designation

Experience: 

• 8 years’ experience in a supervisory role
• Minimum 5 - 10 years’ experience in a rate regulated environment
• 4 -10 years’ related experience and/or training or equivalent combination of education and experience 

Knowledge: 

• Proficient knowledge in the Microsoft Office Suite
• Advanced knowledge of regulatory and governmental requirements including but not limited to: Retail Settlement Code, Distribution Settlement Code, Standard Supply Service Code, Affiliate Relationships Code, Electricity Distribution Rate Handbook, Accounting Procedures Handbook, Market rules, Electricity and Gas Inspection Act, Accessibility of Ontarians with Disabilities Act
• Advanced knowledge of the electricity regulated industry or equivalent experience with emphasis on rate design and cost allocation methodologies
• Advanced knowledge of financial enterprise systems (JD Edwards and Insight preferred)
• Intermediate knowledge of Occupational Health and Safety requirements as it relates to individual, organizational and operational requirements
• Basic knowledge of the contents and administration of the collective agreement, as well as Employment Standards Act 

Skills:

• Proficient skills in MS Office and various applications
• Advanced verbal and written communication skills to provide clear direction on work priorities and expectations interact with multiple stakeholders in a professional manner
• Advanced ability to write reports and business correspondence and to effectively present information and respond to questions from multiple stakeholders
• Advanced ability to analyze problems, investigate and implement solutions and resolve conflict
• Advanced ability to plan, execute, administer capital and/or operational projects and mitigate associated risk
• Intermediate project management, time management and organizational skills
• Intermediate ability to apply critical thinking skills, troubleshoot technical challenges, collect & analyze data and draw valid conclusions
• Intermediate ability to research, recommend and implement changes to improve operational effectiveness and strive for continuous improvement
• Ability to foster strong business relationships with internal staff, customers, developers, authorities, and other stakeholders
• Ability to provide strong leadership, mentorship and support to ensure the delivery of organizational goals and business plans 

APPLICATION INFORMATION

To explore this opportunity further, please email your resume (filename - “Last name, First name - CV”), with “Enova Senior Manager of Regulatory Affairs and Risk Management” in the subject line, in confidence to Larry Sartor at larry@sartorandassociates.com and Mark Fukuzawa at mark@sartorandassociates.com. 

It is Enova’s policy to comply with all applicable laws and regulations which prohibit unlawful discrimination because of race, religion, creed, colour, national origin, sex, sexual orientation, age, disability or marital status or any other protected class. 

We thank all those that apply for the position, however, only those selected for an interview will be contacted. Thank you for your understanding.