Regulatory Modelling Manager

at  Ausgrid

Date: 21 Jun 2024

Location:AU

• Hold a pivotal role in driving Ausgrid’s regulatory outcomes
• Permanent Full Time | Competitive Package + Bonus Opportunity
• Sydney Location | Flexible Hybrid Work Model

Ausgrid is on an exciting transformation journey and now is the time to be a part of something big. We are proud to service Australia’s east coast, as a leading business in energy distribution, delivering a safe and reliable electricity supply to more than 1.8 million homes – that’s over four million Australians relying on us every day.
Our vision is simple; for our communities to have the power for a resilient, affordable net zero future.
We take pride in knowing that the work we collectively achieve today, will transform the world tomorrow. We value a culture of working and living safely, being customer focussed, commercially minded, collaborative, honest, accountable, and respectful. Our values are not just initiatives driven by leaders; they define the way we work.

SPARK OUR INTEREST!

Our hiring decisions are not only based on your experience and skills, but your passion, attitude, and alignment to our core values.
We are seeking a Degree qualified professional in Economics, Finance, or Commerce, complemented by strong strategic and analytical abilities and a deep understanding of business acumen and policy development. The ideal candidate will possess comprehensive knowledge of the legislative, regulatory, compliance, and policy landscape relevant to regulated electricity network businesses or similar.
Proven proficiency in stakeholder management, including the ability to communicate effectively and influence outcomes with both external and internal stakeholders, is essential. Superior presentation and writing skills are key to success in this role, with a knack for articulating complex technical issues in clear, accessible language. Clear proficiency in Microsoft Excel, Microsoft Office and PowerPoint is also required. Expertise in modelling principles and practises as well as preparation of regulatory submissions are highly advantageous to this opening.

As the Regulatory Modelling Manager, you will be instrumental in influencing regulatory outcomes through strategic proposals, submissions, and long-term regulatory planning, using your specialist knowledge of economic regulation in a regulated monopoly, industry trends, emerging risks and technological developments. You will lead the regulatory revenue modelling and analysis, formulating strategies to optimise commercial benefits whilst maintaining alignment with the business’s strategic goals. This will involve overseeing the management of various regulatory revenue models, including post-tax revenue models, roll forward models, public lighting and metering models, as well as evaluations of incentive schemes such as the Efficiency Benefit Sharing Scheme (EBSS), Capital Expenditure Sharing Scheme (CESS), Service Target Performance Incentive Scheme (STPIS), and Customer Service Incentive Scheme (CSIS).
You will collaborate with senior management, regulators, internal project teams, external industry colleagues, and customer representatives, ensuring Ausgrid remains at the forefront of regulatory innovation and industry leadership.
This opportunity will see you partner with the Network Pricing Manager to develop strategic, commercial insights derived from analyses of regulated revenue, pricing, and energy consumption scenarios. Ensuring accuracy and reliability, you will conduct rigorous quality assurance and validation of essential inputs for regulatory revenue and pricing models. You will closely coordinate the integration of regulatory inputs into the Ausgrid corporate model for annual business planning and ad hoc financial analyses. Diligently monitoring shifts in regulations, policies, and economic factors, you will identify risks to Ausgrid and propose robust mitigation strategies.
Part of this role will see you prepare and revise various documents, such as reports, letters, press releases, and presentations, to support stakeholder engagement and fulfill other organisational requirements. You will supervise the preparation and review of written submissions to relevant regulatory bodies, ensuring they align with Ausgrid’s compliance obligations and advocate for positive outcomes.