Director, Distribution Revenue Requirements (hybrid)

About the role

Eversource will not offer immigration-related sponsorship for this position (e.g., H-1B, O-1, J-1, TN, E-3, etc.). Applicants requiring visa sponsorship to start employment with Eversource will not be considered.

Responsibilities

• Directs the development of financial and accounting data required for all state regulatory “tracker” filings, base rate cases and associated filings.
• Determines a level of revenue requirements that supports a reasonable rate of return for shareholders.
• Covers testimony, data requests, comments and briefs relating to such filings to ensure alignment on key strategic priorities.
• Effectively testifies before state regulatory bodies on tracker filings, rate cases and other financial or policy matters.
• Interfaces directly, and acts independently as Company liaison with other utilities, regulators, interveners, customers and internal/external counsel in a regulatory and financial capacity.
• Oversees the financial and strategic impacts of regulatory developments, trends and new precedents.
• Interprets regulatory developments for key stakeholders across the enterprise.
• Develops strategies to optimize positive impacts and impact negative impacts of such developments.
• Provides sound guidance and oversight on technical ratemaking concepts and strategic regulatory filings.
• Manages the regulatory process including assigning, tracking, controlling, and documentation management for state filings.
• Ensures appropriate review and sign-offs take place for all testimony, data requests, comments and briefs.
• Maintains alignment of the Company's position.
• Drives key internal stakeholders toward alignment and consensus as applicable.
• Supports accounting and financial planning in the appropriate incorporation and reflection of the regulatory expenses and revenues.
• Collaborates effectively with several key business areas and directs a variety of distribution rate related activities, including customer rate impacts, earnings analyses and other ad hoc analyses.
• Leads Company teams working with state agencies and government bodies to achieve settlement agreements and legislation regarding Eversource rate proposals.

Requirements

• Minimum of twelve (12) years related experience prior experience testifying before regulatory agencies preferred.
• Strong knowledge of finance, accounting and utility regulation.
• Experience in regulatory financial concepts such as revenue requirements and rate making theory is highly desirable.
• Aptitude to draw sound business conclusions, act decisively and drive business results.
• Strategic mindset; demonstrated ability to consistently see the big picture and provide effective direction.
• Focus on innovation; continually and consistently challenge the status quo.

Qualifications

• Bachelor’s in Accounting, Finance, Business Administration, related field or equivalent experience; Master’s preferred.

Skills

• Ability to effectively direct multiple and competing priorities and demonstrate excellent written and verbal communication skills is required.

Benefits

Not specified.

Pay

$194,550.00-$216,170.00

Schedule

Hybrid schedule available.