Regulatory Affairs Manager
Black Hills Energy is a customer-focused, growth-oriented utility company dedicated to improving life through energy. Our team serves over one million customers across 800+ communities in the West and Midwest, fostering a culture of inclusion and growth.
About the role
Manage all regulatory matters for assigned state(s) or jurisdiction(s) to achieve the company's business plans and comply with regulatory requirements. Oversee the preparation, presentation, and reporting of information for internal decision-making and regulatory filings. Develop regulatory policies and initiatives that support business strategies, including managing rate case applications. Serve as a key regulatory business partner to state leadership and functional areas across Black Hills Energy.
Responsibilities
- Lead and develop the team to ensure a solid understanding of ratemaking policies and concepts, including revenue requirements, cost allocation, cost of service, rate of return, and regulatory accounting and financial analysis.
- Develop regulatory policies and initiatives that support business strategies and goals, including timely recovery of costs and return on investments.
- Manage regulatory filings for assigned jurisdiction(s), including rate case applications, tariff proposals and changes, cost recovery riders, and adjustment clauses.
- Maintain a full understanding of regulatory outcomes and requirements and communicate them to company personnel through written and verbal communications.
- Provide guidance and advice to department-level leadership regarding federal and state regulatory requirements, legislation, rules, compliance requirements, and trending industry issues.
- Testify before regulatory commissions and legislative bodies in support of the company.
- Partner with operations and financial teams in the preparation of strategic plans, budgets, forecasts, and reports.
- Develop and maintain trusted relationships with regulatory stakeholders through meetings, conference participation, and industry association engagement.
- Manage resources, tools, internal controls, and schedules to meet required timelines and maintain regulatory compliance.
- Other duties as assigned.
Requirements
- Bachelor’s Degree in a relevant field, such as Engineering, Business, Accounting, Finance, or Economics, or an equivalent combination of education and experience.
- Minimum of five years of experience in finance, accounting, regulatory, or a related field.
Skills
- Proficient understanding of the utility regulatory process and ratemaking policies and concepts, including revenue requirements, cost allocation, cost of service, rate of return, and regulatory accounting and financial analysis.
- Creative problem-solving abilities.
- Ability to build and maintain project schedules.
- Strong quantitative and analytical skills, with the ability to perform detailed analysis.
- Outstanding interpersonal, verbal, written, and presentation skills.
- Ability to work in a team environment with minimal direction.
- Strong enterprise leadership skills.
- Ability to build consensus and effectively engage with and influence internal and external decision-makers.
- Ability to understand and exercise excellent judgment in complex, interrelated business issues.
- Proficiency in MS Office software (Word, Excel, Outlook, and PowerPoint).
- Experience with collaborative software tools (FileNet, SharePoint, Teams, etc.) and financial software (PeopleSoft, Utilities International, etc.).
Pay
$116,500 - $192,400 per year. Pay is based on job-related knowledge, skills, experience, and internal equity.
Benefits
- Annual discretionary bonuses.
- 401(k) with a 6% company match and up to 9% company retirement contribution.
- Tuition reimbursement.
- Generous paid time off, including paid holidays and parental leave.
- Company-paid life insurance and disability benefits (short and long term).
- Critical illness, accident, and group hospital insurance.
- Pet insurance.
- Employee assistance program and well-being benefits.
- Competitive medical, dental, and vision insurance.
Schedule
This is a full-time position based in Grimes, IA. Relocation assistance is available based on individual circumstances.
Candidates must successfully pass a pre-employment drug screen and background check. Black Hills Energy does not sponsor applicants for work visas. All applicants must be legally authorized to work in the U.S.