Director of Rates, Cost of Service& Financial Analysis

About the role

The Director of Rates, Cost of Service & Financial Analysis will lead the company's activities in pricing gas distribution rates, conducting cost of service studies, and managing regulatory financial analysis. This role will also oversee the preparation of natural gas cost of service studies and other cost support analyses, and participate in the formulation of regulatory policies.

Responsibilities

• Direct the preparation, development, and filing of natural gas distribution rate designs/approaches/forecasts, contract rates, and development of rules by FERC and FPSC and special rate analyses and provide expert testimony for the same before the FPSC.
• Lead the development of the annual load and revenue forecast associated with residential and small commercial base revenue and all clause and rider filings. Oversee the preparation of monthly forecast to actual revenue performance for residential and small commercial base rate and rider/clause customers.
• Provide a leadership role in company meetings, assist with developing strategies, review analyses, and provide regulatory perspectives. Provide updates, expert presentations, and advice to company officers, company management, and externally on current regulatory issues.
• Assist with the pricing and cost to serve regulatory activities associated with the Conservation Clause, Cast/Iron Bare Steel Rider, and the Purchase Gas Adjustment Clause, including related planning activities. Lead the financial analysis, cost of service, and rate design associated with any new rider or clause pursuits in front of the FPSC.
• Participate in activities regarding state and federal legislative initiatives that affect the business, including review, analysis, drafting and editing of existing and proposed legislation.
• Direct the preparation of cost-of-service studies for FPSC proceedings and provide expert testimony for the same before the FPSC.
• Provide regulatory strategy and pricing analysis regarding business issues that are governed by the FPSC, and issues that arise at those regulatory bodies that may affect business matters. Provide such analysis and expertise to the business groups within PGS and other Emera companies as needed.

Requirements

• Bachelor’s degree in Accounting, Legal, Finance, Economics, Engineering, Business or related field from an accredited institution.
• 10 years of regulatory experience and/or general experience in industry structure, history, utility finance and accounting practices, ratemaking practices, legal and regulatory processes.
• 4 years of leadership experience.
• Proficient in Excel, Word, Power Point and other PC based software.

Qualifications

• MBA or other graduate degree in a related field from an accredited institution.
• Experience performing and/or leading cost-of-service studies and designing rates.

Skills

• Strong analytical and problem-solving skills.
• Excellent communication and presentation skills.
• Ability to manage multiple projects simultaneously.
• Knowledge of utility regulation and regulatory processes.
• Experience with Excel, Word, Power Point, and other PC-based software.

Benefits

Competitive Salary
401k Savings plan with company matching
Pension plan
Paid time off
Paid holiday time
Medical, prescription drug, and dental coverage
Tuition assistance program
Employee Assistance Program
Wellness programs
On-site fitness centers
Bonus plan and more!

Pay

Competitive salary

Schedule

8 Hr. X 5 Days