Regulatory Costing Design Section Manager

Date: Jul 10, 2024

Location: SA

Company: stc

Job Purpose

The role holder is responsible for supporting stc to achieve regulatory compliance and avoid adverse regulatory interventions which may lead to potential financial and reputational damages, as well as to manage the preparation of the regulatory financial reports, Collaborates with Regulatory Affairs during the submission process (drafting, reviewing, clarifying, and updating the report. In addition to prepares summary briefings for management,Provides clarifications and point of view on specific points or decisions. The role holder shall carry out his duties in accordance with the stipulated business policies and procedure

Job Responsibility

  • Supports stc to achieve regulatory compliance and avoid adverse regulatory interventions which may lead to potential financial and reputational damages
  • Manages the preparation of the regulatory financial reports
  • Data collection design, validation and update – from internal and external sources
  • Updating regulatory financial model along with supporting modules/calculations including HCA/CCA/CVR/LRIC and Network
  • Updates supplementary data - routing factors, infrastructure and energy studies
  • Coordinates the work of external professional services partners (e.g. regulatory, financial, audit, valuation) who may be involved in the development of the reports
  • Prepares, reviews and obtains approvals for regulatory financial results
  • Prepares and validates submission documents

Job Responsibility (Cont.)

  • Collaborates with Regulatory Affairs during the submission process (drafting, reviewing, clarifying, updating the report)
  • Responds to queries during regulatory inquiries, Q&A and audit
  • Gathers the required information
  • Prepares responses
  • Participates in Q&A sessions and negotiations
  • Decision support for senior management
  • Prepares summary briefings for management
  • Provides clarifications and point of view on specific points or decisions

Years of Experience

Minimum of 6 years experience in a related discipline

Nature of Experience

Prior experience in Regulatory Costing Design and specifically in the telecommunication function is strongly preferred

Job Band

Managerial

Skills

Education

Bachelor Degree in Business Administration or Finance
Masters Degree in Business Administration or Finance

Additional Education

Certifications

Professional certifications such as CFA, CPA, is preferred