Basic Purpose
Reviews the regulatory earned rate of return, earnings sharing calculations and revenue requirement calculations in compliance with regulations and Commission directives for state and FERC jurisdictional filings. Reviews the fuel and purchased power recovery mechanisms and required filings as well as the completion of various state and FERC reporting requirements. Ensures accurate and timely preparation of regulatory statements, adjustments, analyses and supporting testimony in compliance with all regulatory regulations and requirements. Applies experience and principles, theories and concepts to resolve moderately complex pricing, financial, economic, regulatory or legislative issues. Contributes to pricing and regulatory decisions that impact Company policy and revenues. Works independently with guidance in only the most complex situations and performs work on special projects and/or multidisciplinary and interdepartmental projects. Provides work direction and technical assistance to less experienced team members.
Essential Duties and Responsibilities
General Rate Reviews
Reviews the preparation of the earned rate of return and revenue requirements calculations in support of state and FERC general rate case filings including statements reflecting normalizations, cash working capital lead/lag studies, testimony and management analyses.
Delivers communication to all levels of management, pertaining to regulatory filings and regulatory environment.
Develops recommendations for appropriate strategies and objectives of rate case filings. Serves as a witness on revenue requirement matters before the PUCN.
Deferred Energy Rates
Ensures fuel and purchased power recovery through review of timely and accurate monthly entries, reporting, analyses, testimony and required quarterly and annual filings. May serve as a witness in the deferred energy cases if required.
Reviews and provides feedback to the financial planning team on the deferred energy rates included in the forecast and ten-year plan.
Regulatory Return
Ensures the timely and accurate preparation and review of the earned rate of return and earnings sharing calculations in support of required quarterly and annual filings.
Reviews and provides feedback to the financial planning team on the regulatory return and earnings sharing included in the forecast and ten-year plan.
Other
Reviews the preparation of various PUCN and FERC required analyses and filings.
Identifies and performs SOX sections 302 and 404 compliance initiatives to maintain and keep current all documentation of internal controls over financial reporting with no significant deficiencies or material weaknesses. Supports activities relating to internal and external audits.
Ensures all compliance aspects of position are known and followed; understands and complies with all policies, codes and regulations applicable to position and company.
Performs related duties as assigned.
Essential Education, Skills, and Environment
Education and Work Experience
Bachelor’s degree from an accredited school in accounting, business, economics, engineering, finance or related field and 6 years of related experience.
Candidates that do not possess a bachelor’s degree must have a minimum of 10 years of related work experience.
Specialized Knowledge and Skills
Demonstrated knowledge of:
Utility, regulatory theory and quantitative modeling.
Managing interdepartmental projects in regulatory proceedings.
Skills such as:
Analytical, problem solving, planning, time management, verbal and written communication, decision making, presentation, organization, project management, and interpersonal.
Utilization of various modeling, analytical, accounting, monitoring, or reporting software.
Prioritize and handle multiple issues and projects concurrently.
Develops and maintains relationships with internal and external customers.
Equipment and Applications
PCs, word processing, spreadsheet and database software.
Work Environment and Physical Demands
General office environment. No special physical demands required.
Note:
Depending on qualifications of applicants, this position may be filled at a lower level.
Note: Immigration Sponsorship
At this time, we're not considering applicants that need any type of immigration sponsorship (additional work authorization or permanent work authorization) now or in the future to work in the United States. This includes, but is NOT LIMITED TO: F1-OPT, F1-CPT, H-1B, TN, L-1, J-1, etc. For more information regarding work visas, please visit www.uscis.gov.
Job details are sourced from the employer's original posting.
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