Director, Rate and Revenue

Job Summary

The Mom Project is partnering with a well-known utility company that prioritizes people, safety, and trust. The Director, Rate & Revenue position is responsible for managing rate mechanisms and cost of service through which the company recovers costs, sets customer prices, and ensures regulatory compliance.

Responsibilities

• Develop and implement rate-making strategies (general rate cases, formula rates, infrastructure riders) that align with the company, regulatory and customer needs.
• Determine the necessary revenue needed to cover costs and earn a fair return, including conducting cost-of-service studies.
• Prepare and present comprehensive regulatory and revenue reports and forecasts to senior management and stakeholders.
• Lead the development of testimony, exhibits, and discovery responses for state public utility commissions (PUCs) or other regulatory bodies.
• Forecast, budget, and monitor rates and regulatory activities; perform sensitivity analyses of revenues to load forecasting errors.
• Oversee the development, filing, and maintenance of company tariff programs.
• Collaborate with internal departments (finance, legal, operations) and represent the utility with external stakeholders, including regulators and intervenors.
• Direct and develop staff specialized in regulatory analysis, rate design and revenue modeling.

Requirements

• Bachelor of Science in finance, accounting, economics, business or other related field
• High organization skills
• Ten (10) years of experience in utility finance, rate design or regulatory strategy with a minimum of five (5) years in a leadership role
• Expert proficiency in financial modeling and data analysis
• Advanced skills in MS Excel, proficiency in MS Word, and PowerPoint
• Excellent verbal and written communication skills
• Ability to develop and maintain strong relationships
• Excellent leadership and team management abilities with the capacity to motivate and guide a team to deliver results
• Regular Driver’s License

Qualifications

• Deep understanding of revenue management techniques, pricing strategies, forecasting, cost-of-service regulation, FERC operations, and state-specific regulatory/legislative processes

Benefits

• Flexible work arrangement
• Competitive base salary
• Fantastic opportunities for career growth
• Coooperative, supportive and empowered team atmosphere
• Annual bonus and salary increase opportunities
• Monthly recognition events
• Endless wellness initiatives and community events
• Robust and customizable benefit packages-choose what works best with your life. Options include generous 401k, medical, dental and life insurance, tuition reimbursement, compensated volunteer hours and MORE!
• Paid time off, holidays and a separate bank of sick time!