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Manager - Regulatory

Date:  24-Jan-2023
Location: 

Delhi, IN

Company:  GMR Airports Limited

JOB PURPOSE

This role would focus around following areas:-

-Co-ordinating with finance and business line departments on understanding economic regulation and tariff guidelines and arriving at tariff business plan
-Effectively handling of various regulatory audits Regularly
-Keep a track on various regulatory development and analysis the impact of the same

-Formulation of Regulatory strategy

ORGANISATION CHART

Manager Regulatory ----> VP - Regulatory

KEY ACCOUNTABILITIES

Accountabilities
•    Preparation of Multi Year Tariff Proposal for Airports -DIAL and GGIAL as well as ISPs.
•    Co-ordinating with finance and business line departments on understanding economic regulation and tariff guidelines and arriving at tariff business plan
•    Discussion with finance and business units on the projections.
•    Preparation of business plans as per the requirement of the regulator.
 

•    Effectively handling of various regulatory audits Regularly
•    Keep a track on various regulatory development and analysis the impact of the same:
•    Understanding of the AERA Act, guidelines and policies impacting Airport regulatory environment.
•    Review the guidelines, notifications and circulars issued by the regulator from time to time and highlight to Management the relevant and critical points and impact of the same to our business.
•    Dissipating internally the entire regulator approach, objectives and tariff guidelines with various departments and ISPs

•    Formulation of Regulatory strategy
•    Value engineering it terms of review of concession documents, various AERA order and acts which can benefit the organization in terms of revenue maximization or cost saving.
•    Exploring the various strategic initiatives and brain storming on the different viewpoints on the tariff guidelines and economic regulations.
•    Suggesting business development strategy to commercial department on upcoming commercial projects

•    Review of tariff application of ISP along with preparing tariff appeals correctly and efficiently.
•    Preparation of financial models with respect to regulatory requirement including trend analysis, allocation exercise, robust financial projection etc.

•    Knowledge for various financial techniques, tools which can assist a person in support the assumption considered while preparation of financial model during tariff determination process.
•    Successful submission of Application
•    Audit of financial models prepared by various regulatory entities
•    Scenario analysis, Cost benefit analysis and management presentations
•    Co-ordination with various departments and business line for regulatory related inputs and summarizing the same in the desired output Regularly
•    Preparation of briefing notes and arguments to strengthen our contention
•    Providing all inputs, information and analysis to the legal counsel for further submission to the judicial bench during the case proceeding. As per plan and adhering timelines
•    Support various regulatory entities in various regulatory legal proceedings
•    Understanding of various regulatory models followed at other industry viz. power, port etc and followed worldwide at in Airport industry.
•    Robust Implementation plan in place
•    Supporting various team including investor relations with regard to the information or data required pertaining to airport regulatory. Successfully managing the stakeholders

EXTERNAL INTERACTIONS

Investors

Consultants

Rating Agencies

Bankers

Airport Economic Regulatory Authority

 

Airport Authority of India Limited

Councel representing DIAL for regulatory matters

Auditors for Regulatory audit

APAO

INTERNAL INTERACTIONS

JV CFO’s

BCM/CCM /Sector CFO/Company CFO’s

JV team of DIAL

 

DIAL Finance Team

HIAL Regulatory team

Cargo, GH and Fuel Farm representatives

SPG

DIAL and HIAL management team

FINANCIAL DIMENSIONS

Protecting shareholder’s interest in various joint ventures.

Strategic investment and divestment in JV’s

Support to ensure favorable regulatory returns

Revenue and profit enhancement at DIAL & GHIAL JVs

OTHER DIMENSIONS

Do out of box thinking of routine matters

EDUCATION QUALIFICATIONS

  • MBA/CA

RELEVANT EXPERIENCE

Overall 8-12 year’s experience in Financial Modelling and Regulatory

COMPETENCIES

  • Decision Making: Ability to systematically think through a problem and its component parts, garner relevant information and not taking things at face value. | Interview
  • Communication: Ability to listen, interpret, simplify complex concepts, thoughts & ideas in verbal / non verbal form. | Interview
  • Business Insight: Ability to understand the implications of Business decisions and strive to enhance organizational performance. | Interview
  • Managing Performance: Effectively monitors and measures performance. Develops people and drive results. | Interview
  • Execution and Operational Excellence: Ability and desire to execute with attention to detail, speed, accuracy and consistency | Interview
  • Team Leadership, Teamwork & Interpersonal Influence: Capability to develop & converge individual potential to execute team objectives. Effectively intermingle and relate with individuals in a positive manner. | Interview
  • Problem Solving: Ability to identify solutions exploring different options in gathered information. | Interview
  • Personal Effectiveness: Demonstrating responsibility & reliability through actions to manage critical and challenging situations. | Interview
  • Stakeholder Focus
  • Networking
  • Execution & Results
  • Teamwork & Interpersonal influence
  • Problem Solving & Analytical Thinking
  • Planning & Decision Making
  • Capability Building
  • Strategic Orientation
  • Personal Effectiveness
  • Entrepreneurship
  • Social Awareness
  • Innovation
  • Managing Change and ambiguity by creating Win-Win
  • Determination(Contextual and Flexible)
  • Learning Ability
  • Making & Navigating proposals
  • Scanning, Networking & External orientation
  • Banking & Working Capital Management
  • Financial Management