Manager Rates and Regulatory
OpenArc - Empowering Your Career. As a leading IT staffing firm, we are dedicated to connecting talented professionals with your ideal opportunities. We are currently seeking a qualified Rates and Regulatory Manager to join our client’s organization and contribute to their ongoing success. Job summary This individual will be responsible for managing and leading the rate and regulatory analyst group covering multiple natural gas utility companies and scope of analyzing regulatory tariffs, rate schedules and riders, advising the ratemaking strategy of the organization, and preparing regulatory filings. The Rate and Regulatory Manager will work closely with internal teams and external resources to align the organization’s billing and recovery mechanisms with applicable regulations and regulatory strategy. Responsibilities: Lead, coach and develop rate team and efforts related to regulatory rate analysis and ratemaking strategy, including forecasting and analysis related to utility rates and tariffs and the filings thereof Prepare and manage regulatory rate analysis and strategy for regulatory filings, including rate cases, tariff revisions, and compliance reports Manage, prepare and support the analytical requirements for general rate case proceedings (i.e. cost of service activities, rate impact analysis, and preparation of filing requirements) Act as an expert witness before regulatory bodies and in litigated proceedings. Provide expert testimony and / or coordinate the preparation of testimony by other witnesses on behalf of the company on regulatory issues. Analyze data related to regulatory compliance, rates, and tariffs to support decision-making, regulatory filings and reconciliation with financial reporting / accounting systems Calculate and document periodic updates to rates, schedules and riders Analyze the potential impact of and advise senior management of rate related regulatory changes on the company’s operations and financial performance Represent the company in regulatory proceedings, hearings, and meetings with regulatory agencies Conduct detailed analysis of proposed rate related regulatory policies and legislation, assessing and communicating their potential impact on the company Work with the billing department to establish billing procedures that comply with tariffed rates, schedules, riders and terms of service Monitor and analyze federal, state, and local rate related regulations that impact the natural gas utility industry Ensure the company’s compliance with all rates related regulatory requirements by managing, preparing and submitting necessary reports, filings, and documentation through continuous application of in-depth working knowledge of regulatory, ratemaking, accounting, financial, and legal concepts and standards unique to the natural gas utility industry, Develop and implement processes to maintain ongoing compliance with rate related regulatory changes Work with industry associations, regulators, and other stakeholders to influence regulatory policies in line with the company’s interests Develop and present policy recommendations to senior management and regulatory bodies Maintain accurate records of all regulatory activities, filings, and communications; report on regulatory matters to senior management as needed Work closely with internal departments on regulatory matters Provide regulatory guidance and support to other departments to ensure compliance with applicable regulations Engage with regulatory agencies, industry groups, and other external stakeholders to build and maintain positive relationships Serve as a point of contact for rate related regulatory inquiries and provide timely and accurate responses Participate in industry forums and conferences to stay informed of regulatory trends and best practices Requirements: Experience in regulatory accounting, rate analysis, accounting and finance related fields, preferably within the utility sector Supervisory experience in leading, developing and coaching teams Strong knowledge of regulated utility tariffs, rate-making procedures and processes, and demonstrated capabilities in the required analytics/financial competencies Strong understanding of regulatory processes, utility ratemaking, revenue, cost of service and compliance requirements Demonstration of high-level competencies in accountability, collaboration, continuous learning and high performance in ambiguous situations Excellent analytical communication (written and oral), and presentation skills Experience interacting with senior management on regulatory, accounting, financial or strategic planning issues Ability to manage multiple priorities and work effectively in a fast-paced environment Proficiency in data analysis tools and regulatory software Experience in representing a company, as well as testifying on behalf of the company in regulatory proceedings is preferred Ability to manage occasional travel to regulatory hearings, meetings, and industry events At OpenArc, we prioritize your career success and strive to build exceptional technical teams for our clients. By understanding your experience and aspirations, we ensure to present you with rewarding and fulfilling opportunities. As an employee of OpenArc and our clients, you will be eligible to participate in a comprehensive benefits package. OpenArc is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.
