Supervisor, Regulatory Finance & ComplianceJob Posting: Supervisor, Regulatory Finance & ComplianceReports To: Director of FinanceLocation: Cobourg, OntarioAbout UsLakefront Utility Services Inc. (LUSI) is a progressive, multi-service utility based in Cobourg, Ontario. We deliver essential electricity and water services to the communities we serve and support our municipal partners through innovation, resiliency, and regulatory excellence. LUSI is committed to safety, reliability, cost-effectiveness, and forward-thinking solutions, including intelligent grid systems and sustainable energy and water initiatives. As a regulated utility operating within the Ontario Energy Board (OEB) framework, we maintain high standards of governance, compliance, and operational integrity. For more information, visit: www.Lakefrontutilities.ComPosition SummaryThe Supervisor, Regulatory Finance & Compliance, plays a key role in supporting regulatory strategy, financial reporting, and compliance within a regulated electricity and water utility environment. Working closely with the Director of Finance, this role contributes to regulatory filings, financial oversight, and stakeholder engagement while ensuring alignment with requirements set by the Ontario Energy Board and other industry bodies.Key ResponsibilitiesRegulatory Filings & External ReportingLead the preparation, analysis, and submission of regulatory filings and supporting documentation to the Ontario Energy Board (OEB), Independent Electricity System Operator (IESO), and other regulatory bodiesPrepare clear, well-supported applications, including rate filings, license applications, and regulatory submissionsCoordinate monthly, quarterly, and annual reporting requirements, including Reporting and Record Keeping Requirements (RRR) filingsContribute to external consultations, industry proceedings,



and regulatory discussionsRegulatory Accounting & Financial CloseOversee monthly regulatory accounting processes, including analysis of distribution revenue, energy revenue, cost of power, and regulatory balancesPrepare and review journal entries, general ledger reconciliations, and supporting documentationMonitor and reconcile deferral and variance accounts (DVA) in accordance with regulatory guidanceManage settlements and financial transactions with market operators and counterpartiesFinancial Reporting & AnalysisOversee monthly, quarterly, and annual financial close processesEnsure compliance with IFRS and internal accounting policiesSupport the preparation of financial statements and management reporting packagesSupport the development of multi-year business plans, annual budgets, and periodic forecastsPerform variance analysis and provide insights into key financial and regulatory driversConduct ad hoc financial and regulatory analysis to support decision-makingCompliance & ControlsEnsure adherence to regulatory requirements, internal controls, and accounting standardsMaintain ingoing awareness of regulatory changes to ensure continued complianceCoordinate with external auditors and support audit processesAssist with implementation of new accounting standards and regulatory requirementsProcess Improvement & DocumentationReview, assess, and enhance regulatory accounting and billing processes and proceduresMaintain accurate records and documentation to support audits, filings,



and internal reviewsStakeholder EngagementAct as a key liaison with regulators, auditors, and internal departmentsBuild and maintain effective working relationships with external stakeholders and industry participantsProvide financial and regulatory insights to senior managementLeadership and Team ManagementSupervise and mentor accounting teamReview teamwork for accuracy and complianceFoster accountability, collaboration, and continuous improvementLead/support special projects in regulatory accounting, systems, and processesCommunicate effectively with internal and external stakeholdersApply business and financial expertise to support regulatory and operational goalsQualifications, Experience & CompetenciesCPA Designation (required)5+ years of progressive experience in accounting, regulatory, or utility environmentsStrong knowledge of Ontario's regulated utility framework and rate-setting methodologiesExperience with regulatory filings, RRR reporting, and deferral/variance accountsFamiliarity with regulatory codes and industry practices is an assetWhy Join LUSI?Executive-level impact in a critical infrastructure organization.Direct exposure to Board governance and regulatory oversight.Leadership prospect within a community-focused municipal utility.Ability to shape organizational culture, safety performance, and workforce development.This is a non-union position.Salary will be commensurate with qualifications and experience.Only candidates selected for an interview will be contacted. The successful candidate must provide a satisfactory criminal background check and three professional references. LUSI is committed to equity, diversity, and inclusion, and encourages applications from all qualified individuals. Accommodation is available upon request throughout the recruitment process. #J-18808-Ljbffr

📌 Lakefront Utility Service Inc | Supervisor, Regulatory Finance & Compliance (Cobourg)
🏢 The MEARIE Group
📍 Cobourg