Section Head Interconnected Settlements

at  Ontario Power Generation

Oshawa, ON, Canada -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate01 Nov, 2024USD 2775 Weekly21 Oct, 202410 year(s) or aboveData Analysis,Internet,Power Systems,Commerce,Economics,Financial Instruments,Computer Science,Regulatory ReportingNoNo
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Description:

Location:Oshawa, ON, CA, L1H 8W8
Req ID: 49001
Status: Regular Full Time
Working Conditions: Hybrid Working Environment
Education Level: 4-year University degree
Base Location: Oshawa, ON
Temporary Work Location: Toronto, ON
Number of Position(s):1
Travel: Yes- 10%
Deadline to Apply: November 01 2024
Salary Range: $2,775.61 - $3,220.98 Per Week
Electrify your career and help build a brighter tomorrow.
Every generation has a challenge that defines them. At OPG, we are calling on all innovators, disruptors, thought leaders and change-makers. Join us to electrify life in one generation and build a sustainable future powered by our electricity, our ideas, and our people. Join OPG and make history.
Whether you work in the skilled trades or are a business professional, a career at OPG is an opportunity to electrify your life on - and off - the job.

JOB OVERVIEW

Ontario Power Generation (OPG) is looking for a dynamic, strategic and results-driven professional to join our team in the role of Section Head Interconnected Settlements.
Reporting to the Senior Manager Settlements, this position is responsible to supervise section consisting of both analytical and clerical staff. Ensure the accuracy of OPG invoices and/or bills for bilateral and interconnected utility customers. Oversee confirmation, verification and reconciliation activities conducted by section staff with counterparts of bilateral customers and interconnected utilities and ensure that payments to be received/forwarded are accurate and reflect services/products provided.
Resolve problems identified by staff during reconciliation activities with counterparties. Develop and maintain departmental staff competency. Work with bilateral customers, independent system operators, interconnected utility counterparties and confirm transacted quantities/details of services provided. Make quality and comparative assessments of the business’s performance as pertains to bilateral and interconnected utility transactions.
Coordinate documentation for submission to external and government agencies. Work with an established network of internal and external contacts to secure, protect and advance the interests of Business Unit and OPG. Keep abreast of current developments in the electricity market and utility industry trends.
This is an exciting opportunity to work in an environment where you will contribute to OPG’s public outreach, engagement and education efforts as part of the company’s commitment to growing its social license.

KEY ACCOUNTABILITIES

  • Administer and supervise work of staff, being accountable for staff output and performance.
  • Assign time targeted tasks, setting effective context, specifying quality, quantity, time to completion and resources.
  • Monitor progress and quality, conduct reviews of staff progress, accountabilities and output.
  • Prepare work programs, plan, schedule and budget for these programs and ensure that they are implemented.
  • Provide for a safe and healthy work environment. Ensure that staff participate in appropriate safety training programs.
  • Provide leadership through demonstration and response to requirements to achieve targets, quality and quantity of objectives.
  • Carry out performance assessments of staff and assess their training needs.
  • Address labour issues, application of union agreements, work to resolve conflicts, co-ordinate and integrate group’s work toward achieving business unit’s work program.
  • Ensure that the settlement processes used by OPG for transactions with bilateral customers and with interconnected utilities conform to established guidelines. Advise Settlements Department manager of any non-compliance situations and suggest appropriate remedial actions to rectify.
  • Initiate dispute resolution proceedings with bilateral customer or interconnected utility customer for any concerns that could not be resolved through informal discussion.
  • Keep abreast of current developments in areas of deregulated electricity market and pricing of term options, utility industry trends for development of plans, processes, policies and programs.
  • Take a lead role or participate on project teams to resolve issues and implement solutions. Facilitate the training of staff on electricity markets and settlement marketing.
  • Make quality and comparative assessments of business performance. Identify opportunities for strategic redirection.
  • Identify opportunities for strategic redirection. Track OPG performance on an ongoing basis and initiate changes to bidding/operations as appropriate.
  • Coordinate the documentation for submission to external and government agencies (e.g. Ontario Energy Board). Facilitate the process to prepare senior staff in the presentation of testimony as required.
  • Provide expert advice to OPG - Energy Markets management and OPG management regarding settlement processes.
  • Stay current on market rules evolution and take lead role in making necessary changes to Back Office processes.
  • Support development of contracts and agreements with customers and assist in negotiation of such contracts from a settlement perspective. Assist with the negotiation, administration and monitoring of electricity sales contracts.
  • Work with an established network of internal and external contacts to secure, protect and advance the interests of OPG and OPG - Energy Markets. Represent business interests on external committees and associations.
  • Work with other internal, external, utility/non-utility organizations to establish areas of partnership for the mutual benefit of each organization.
  • Other Duties as Required

EDUCATION

  • 4-year University education in the appropriate field such as Business Administration, Commerce, Economics, Computer Science or Engineering, or by having the equivalent level of education
  • MBA is considered an asset

QUALIFICATIONS

  • Over 10 years and up to 12 years is considered necessary to gain this experience
  • Ability to work effectively and efficiently in a flexible hybrid office environment.
  • Requires experience to become familiar with an energy markets function or with energy derivative products and services.
  • Requires experience to become familiar with financial markets settlement systems, market operations, data analysis, regulatory reporting, and accounting principles.
  • Requires experience to have acquired a working knowledge of trading commodities or financial instruments, risk management principles and associated tools.
  • Requires practical experience to have gained an understanding of characteristics of generation station operation including hydroelectric generation, thermal generation and nuclear generation.
  • Requires experience to become familiar with the technical interactions and related commercial transactions between large power systems that are interconnected with one other.
  • Requires experience in a commercial environment, including intelligence gathering and negotiation activities.
  • Requires a good working knowledge of personal computer applications, including Internet and internal software and systems.
  • Requires experience in the supervision of staff.
    The successful candidate will exhibit uncompromising integrity and commitment to upholding corporate values, and the OPG Code of Business Conduct.

APPLICATION PROCESS

Please submit your application online at https://jobs.opg.com/ by 11:59 PM E.S.T., November 01 2024. OPG thanks all those who apply; however, only candidates considered for an interview will be contacted.

LI-Hybrid

LI-Hybrid

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The base salary range considers many factors including, but not limited to experience, education, and training, including any collective agreement requirements for union represented positions. It is not typical for the salary to be offered near the top of the range, and salary is dependent on numerous factors. For management roles, the base salary range does not represent the total compensation package. The total compensation package for regular full-time management roles includes pay-for-performance programs for annual and medium time periods. Maintaining a high-performance culture and excellence is a core expectation of every member of our leadership team and is rewarded through the established compensation framework.
OPG is committed to employment equity. As such, we encourage applicants from equity-seeking communities (Indigenous Peoples, racialized persons, persons with disabilities, and women). We strongly believe that alleviating the under-representation of equity-seeking individuals will create a stronger OPG team and allow us to better serve the needs of our diverse communities.
In order to fulfill the above-mentioned purpose, priority in hiring may be given to qualified persons who self-identify as a member of equity-seeking groups as identified in the application process. This initiative constitutes a special program under the Human Rights Code/Canadian Human Rights Act.

Responsibilities:

Please refer the Job description for details


REQUIREMENT SUMMARY

Min:10.0Max:12.0 year(s)

Marketing/Advertising/Sales

Marketing / Advertising / MR / PR

Sales

MBA

Proficient

1

Oshawa, ON, Canada