JPC - 3546 - Senior Economist Price ControlQualification: Bachelors Degree/Masters DegreePosition Type: PermanentLocation: Abu DhabiJob Purpose The Senior Economist - Price Control is responsible for assisting the section head in developing and implementing a robust and modern price control for the energy sector, which includes electricity, water, recycled water, and wastewater.Job-specific Responsibilities Provide economic advice to the energy pricing team, assisting in the development and implementation of a robust and modern price control model. Lead the price control process, which includes reviewing operating expenses/estimated and actual capital expenditures and calculating the weighted average cost of capital; identifying and developing new incentives; and developing regulatory directives.Manage the review Price Control Returns (PCRs); issue RIGs / TA information guidance package and derogations; calculate and notify the annual bonus / penalty (Q factors) to the price-controlled companies. Lead development of strategies and plans for the price control reviews and implementation.Manage and ensure the quality of various streams of analysis supporting the price control review including opex, capex, incentives, and financial modelling. Lead the analysis of operating, capital, and financial costs to support the price control reviews. Develop processes and checks on analysis to ensure that the calculations underlying price controls are robust and transparent. Lead the development of timetables for price control reviews.Collaborate with the sector\'s head of price control and head of economic affairs to gain support for price control plans and their proposals in this regard. Keep abreast with developments in the field of economics and regulation, in particular those related to price controls and incentives.Manage the drafting of consultation papers and other documents so that the final products are clear, transparent, and accurate. Develop processes and checks on analysis to ensure that the calculations underlying price controls are robust and transparent.Job Requirements bachelor\'s degree in economics or relevant discipline Master\'s Degree in Economics is preferred 3 to 5 years of experience, in a relevant field e.g., setting price control and tariff structure for the energy sector

Sundus Gulf