Job Description
Mō tēnei tūranga mahi | About this role
- Support advice and numerical analysis to internal and external customers
- Work with the specialised transmission pricing system
- Join a supportive team with stimulating, meaningful work
Are you an intellectually curious analyst keen to grow and develop skills in electricity network pricing?
As New Zealand's only transmission company, Transpower's role as a State-Owned Enterprise is to build, operate, and maintain the National Grid. At the heart of the electricity sector, we have a unique and critical role, including helping to enable and accelerate a net-zero carbon future.
Transpower sets its annual transmission charges each year in accordance with the Transmission Pricing Methodology (TPM), which is a schedule of the Electricity Industry Participation Code and is governed by the Electricity Authority. Because our transmission network is a natural monopoly, our investments in grid assets and allowable revenue are regulated by the Commerce Commission.
About the team
As the demand for electricity continues to grow to meet climate change and sustainability goals, so too does the demand for the critical infrastructure and Transmission services to enable this change.
The Pricing team is a small, supportive group of experts who operate and administer the grid pricing function that determines how Transpower's costs as owner and operator of the Grid (~$1B pa) are recovered from our direct customers.
The team must equally consider the interests of all our customers. This places a heavy reliance on consistency and precedent (as opposed to unregulated pricing that is much more flexible). The team is an internal gatekeeper for ensuring Transpower is kept whole (as a cost recovery business), and pricing outcomes are consistent with the guiderails of regulation.
Ultimately, our work supports Transpower to be a successful and commercially orientated business that works with the best long-term interests of New Zealand.
The opportunity
Based in Waikoukou, our Wellington head office, you will have the opportunity to progressively learn in order to support specialist knowledge transfer. As such your work will ultimately contribute to supporting the delivery of Transpower's pricing obligations, helping customers understand the pricing implications of new connections to the grid.
Providing analytical, administrative, and coordination support, you will then learn how to progress to contributing evidence-based recommendations, and in time with career progression, contribute to pricing thought leadership aimed at ensuring Transpower sustains its social license to operate as a regulated monopoly business. You will learn how to and contribute to:
- calculating annual transmission charges to a high standard, with minimal auditor-identified errors or changes.
- high-quality analysis, aimed at understanding the "why" behind the numbers, including following your intuition to explore and explain any anomalies.
- the development of Transpower's interpretation and understanding of its regulated pricing obligations, risks, opportunities, and incentives
- developing and operating high standard commercial investment models or calculations for internal consumption that are easy to follow.
- helping foster a better understanding of what "good" looks like in a commercial and regulatory context throughout the business.
What will you bring?
Energy, intellectual curiosity, outstanding organisational skills, and an ability to learn quickly. You will have a passion for numbers and enjoy problem solving, and be delivery focused, calm, and positive.
Your CV and cover letter will demonstrate:
- Attention to detail and the importance of high-quality numerical modelling, analysis, and data distillation.
- Clear verbal and written communication - being able to clearly and confidently articulate what can be quite complex subject matter.
- Ability to multi-task and work on a variety of tasks/projects at a given point in time.
We will support growing your:
- analytical thinking and ability to think and comprehend broadly across a topic, recognising multiple perspectives, acknowledging detail appropriately, and distilling to what it means in the context of Transpower's strategic direction.
- knowledge of regulatory frameworks and what it means to work in a regulated business.
- understanding of commercial principles.
- understanding and knowledge of the nature and design of the electricity industry's core business processes.
Why work for Transpower
An equal opportunity employer, we value the diversity of thought and knowledge sharing that comes from our people from over 28 nationalities - we learn from each other. In addition to working as part of a super team, we support your health and wellness with a range of employee benefits https://www.transpower.co.nz/about-us/careers/benefits and on the job learning, project, and secondment opportunities over time.
If an opportunity to understand the regulatory environment we operate within, and how our revenue is allocated among customers while working across projects that always throws out a few curve balls excites you, please review the position description available via our career's website https://careers.transpower.co.nz/search and apply without delay.
Role closes Tuesday 19th November however where possible, applications will be reviewed as they are received, and informal exploratory conversations may take place prior to the close date.
While reasonable consideration will be given to your personal circumstances, candidates must have existing full eligibility to work in New Zealand.