Economic Regulations Team Leader

Wholly owned by the ACT Government, Icon Water are a leading Canberra business with a history of providing essential services to Canberra for over 100 years.  Not only do they play a pivotal role in servicing the community, but they are also a unique entity in Australia. 

Whilst primarily a water and sewerage business, Icon Water also manage investments in electricity and gas through partnerships with private companies.  This means that the business operates in a unique environment across government and commercial activities.  With a proud history, Icon Water are also forward looking, playing a major role in navigating climate change impacts, protecting the environment, securing water into the future and achieving net zero emissions by 2045.
 
With approximately 190,000 customers in the Capital region, their assets are worth over $3.2 billion comprising of the ACT’s network of dams, water treatment plants, sewage treatment plants, reservoirs, mains, and water and sewage pumping stations.  They turnover approximately $490M in revenue annually.
 
The Opportunity

This is an opportunity for to join the Finance and Strategy Group, helping the team move forward in a period of transformation.  Led by a forward-thinking CFO, they continue to attract a team of high performing problem solvers.  The long-term strategy is to continually move towards an enabling environment where manual processes are streamlined, and data is used to drive smart business decisions as well as implementing a new corporate services delivery model which has resulted in a wide range of opportunities. 

In the role of Economic Regulations Team Leader, with one direct report, you will be responsible for managing the relationship with Regulatory agencies and developing and maintain the pricing model.  You will have the opportunity to integrate a recently established function within Icon Water and utilise your expertise to establish industry best practice.  This role offers a unique opportunity to drive change and make a lasting impact on the ongoing financial success of Icon Water.
 
The Role

Key responsibilities include:

• Lead the long-term financial strategy and providing strategic advice to the Icon Water Executive Team and Board on the financial sustainability of Icon Water
• Create the 5-year workplan to align long term financial strategies into Icon Water pricing submission and associated activities
• Provide support to embed the newly created economic regulatory function and processes across Icon Water
• Lead and manage regulatory activities, including maintaining a strong relationship with the Regulators and owning the pricing model; including leading the quarterly and annual performance meetings with ICRC
• Manage the pricing review process, including preparation and submission of economic regulatory submissions, for both the annual and 5-year pricing submission made to the Regulator
• Develop strategies and implement plans to ensure Icon Water delivers the outcomes set by ICRC as part of their pricing decision
• Ensure the maintenance of the regulatory asset records and associated master data
• Manage economic consultants and any future strategic partner relations and manage the contractual obligations with the partner 

The ideal candidate for the Economic Regulations Team Leader position will possess a Bachelor's degree in economics or finance. They should have a proven track record of leadership in economic regulation, with a minimum of 8 - 10 years of experience, including in managerial roles.

A strong comprehension of regulatory frameworks, pricing mechanisms, and financial modelling is essential, alongside exceptional analytical, communication, and leadership skills. The successful candidate will demonstrate the ability to navigate intricate regulatory landscapes, drive strategic initiatives, and effectively manage teams to deliver tangible results.
 
Salary / Rate

The salary band starts at $176,751 + 15% Super.
 
In addition to an attractive renumeration package, Icon Water offer great employee benefits including flexible working arrangements, career development opportunity, health and wellbeing contributions and salary sacrifice options to name a few. 
 
How to Apply

To apply online, please click on the appropriate link to submit your resume & cover letter addressing how you meet the requirements of the role.

Please note applications for this role close on Tuesday 7th May at 12pm (AEST).
 
Alternatively, for a confidential discussion, please contact Alan Larby or Kristelle Gadd on 02 6108 4*** quoting ref no. 19245.
 
Alternatively, contact us via email at *********@horizonone.com.au
 
An information pack is available for this role, please email us, as above to request a copy.
 
HorizonOne is committed to building a diverse and inclusive workforce and we encourage applications from people of all cultures, capabilities and backgrounds.