Senior Manager EU Regulatory
As one of the largest investor-owned utility companies in the United States, PPL Corporation (NYSE: PPL) is committed to creating long-term, sustainable value for our 3.5 million customers, shareowners, and the communities we serve. Our high-performing regulated utilities provide an outstanding experience for customers, consistently ranking among the best utilities in the nation. PPL is investing in new infrastructure and technology to create a smarter, more reliable, and resilient energy grid while advancing a cleaner energy future and driving innovation to achieve net-zero carbon emissions by 2050. PPL supports programs and organizations that empower future generations and build strong, diverse communities.
About the role
This hybrid role requires 3 days on-site at our office in Allentown, PA. The Senior Manager-Regulatory provides leadership and direction to ensure attainment of business goals and objectives in the following areas:
- PPL Electric's regulatory strategy and overall industry policy positions
- Certain regulatory filings submitted to the Pennsylvania Public Utility Commission (PUC) and Federal Energy Regulation Commission (FERC)
- All aspects of rates and rate-related revenue, including rate cases, rate design and administration, cost of service implementation, and other cost recovery mechanisms
- Forecasting for rates and business planning
- Procurement of wholesale generation supply for PPL Electric's default service responsibility
Responsibilities
- In partnership with the appropriate business functions, develop and persuasively advocate company positions to regulatory agencies, policymakers, and key stakeholders in support of the Company’s business goals.
- Develop Company positions and participate directly in the written and verbal presentation of said positions in Company Petitions, Comments, Reply Comments, and other responses to Commission requests, customer inquiries, data requests, Policy Statements, Tentative Orders, and other proceedings.
- Oversee processes and teams that may be subject matter experts participating in regulatory proceedings. Positions may be technical or non-technical and require strong knowledge of engineering, operations, and customer service concepts.
- Oversee submission of accurate and timely regulatory filings/information to the PUC and FERC to ensure compliance.
- Provide expert testimony in regulatory proceedings before the PUC and other relevant agencies.
- Oversee activities required to execute PPL Electric's responsibility for compliance with PUC requirements for a default service provider, including development and execution of the procurement plan for wholesale generation supply, administration of supplier contractual agreements, and PJM invoice processing.
- Prepare distribution rate case filings to the PUC, responses to rate case interrogatories, and responses to rate-related Commission and customer inquiries.
- Manage the control environment for regulatory cost recovery mechanisms, including accurate and timely filings, reconciliations, and compliance tracking.
- Oversee rate design and rate administration functions to support corporate revenue and financial performance objectives, including determining revenue and customer effects of new rate structures.
- Responsible for rate-related revenue activities, including accounting, budgeting, forecasting, results reporting, monitoring, and management for FERC and SEC reporting, investor presentations, regulatory agency reporting, and PPL leadership.
- Develop a motivated team of professionals through a constructive culture in support of PPL Electric Utilities' business objectives.
- Perform other duties as assigned and comply with all policies and standards.
Requirements
- Bachelor's degree in finance, accounting, business, regulatory affairs, public affairs, or law.
- 10 years' experience working within an energy company, preferably a regulated entity.
- Knowledgeable in energy regulation and markets, energy procurement, contracts, financial instruments, accounting, and financial statement analysis.
- Strong knowledge of how the energy industry works from generation to distribution.
- Demonstrated ability to apply expertise in solving new and complex problems and developing innovative solutions.
- Effective decision-making skills.
Qualifications
- MBA or master's degree.
- Regulatory accounting experience.
- Experience leading regulatory functions, including both internal resources and external regulatory consultants, and directing non-regulatory teams through regulatory proceedings.