Rates and Revenues Manager
Chesapeake Utilities Corporation · Dover, DE · 2 mo ago
HybridFull-time
Rates & Revenue Manager
What makes us great: At the heart of our Company is a dedication to delivering energy that drives progress. We put people first, work to keep them safe and build trusting relationships.
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.
- Work with accounting department to 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.
- Other responsibilities as assigned.
Requirements
- Bachelor of Science in finance, accounting, economics, business or other related field
- Seven (7) years of experience in utility finance, rate design or regulatory strategy
- Regulatory rate making and revenue requirement proficiency
- Understanding of regulatory process from filing through approval and implementation
- Deep understanding of revenue management techniques, pricing strategies, forecasting, cost-of-service regulation, and federal/state-specific regulatory processes
- High organization skills
- Deep understanding of revenue management techniques, pricing strategies, forecasting, cost-of-service regulation, and federal/state-specific regulatory processes
- Excellent verbal and written communication skills
- Advanced proficiency in financial modeling and data analysis
- Advanced proficiency in MS Excel
- Proficiency in MS Word, and PowerPoint
- Ability to develop and maintain strong relationships
- Leadership and team management abilities with the capacity to motivate and guide a team to deliver results
- Standard driver’s license
Qualifications
- 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
Benefits
- Equal opportunity employer
Pay
- Competitive base salary
Schedule
- Hybrid remote within Yulee or West Palm Beach, FL or Dover, DE