Sr. Revenue Requirement & FERC Analyst
Job description
Location: Reno, NV
Targeted Salary: $90,000- $100,000, relocation and interview travel assistance provided for this role.
Unique and exceptional career opportunity to join our client, a leading energy company in Reno, Nevada, as a Sr. Revenue Requirement & FERC Analyst. Join a company with a competitive salary, pension plan and great benefit package in the booming Reno market.
Essential Duties and Responsibilities
Basic Purpose
- Assists in the preparation and reviews the regulatory earned rate of return, earnings sharing calculations and revenue requirement calculations in compliance with regulations and Commission directives for state and FERC jurisdictional filings.
- Assists in the preparation and reviews the fuel and purchased power recovery mechanisms and required filings as well as the completion of various state and FERC reporting requirements.
- Ensures accurate and timely preparation of regulatory statements, adjustments, analyses and supporting testimony in compliance with all regulatory regulations and requirements.
- Applies experience and principles, theories, and concepts to resolve moderately complex pricing, financial, economic, regulatory, or legislative issues.
- Contributes to pricing and regulatory decisions that impact Company policy and revenues.
- Works independently and receives minimal guidance and provides work direction and technical assistance to less experienced team members.
Generate Rate Reviews
- Assists in the preparation and reviews the earned rate of return and revenue requirements calculations in support of state and FERC general rate case filings including statements reflecting normalizations, cash working capital lead/lag studies, testimony, and management analyses.
- Delivers communication to all levels of management, pertaining to regulatory filings and regulatory environment.
- Helps develop recommendations for appropriate strategies and objectives of rate case filings.
Deferred Energy Rates
- Ensures fuel and purchased power recovery through preparation and review of timely and accurate monthly entries, reporting, analyses, testimony and required quarterly and annual filings.
- Reviews and provides feedback to the financial planning team on the deferred energy rates included in the forecast and ten-year plan.
Other
- Ensures the timely and accurate preparation and review of the earned rate of return and earnings sharing calculations in support of required quarterly and annual filings.
- Reviews and provides feedback to the financial planning team on the regulatory return and earnings sharing included in the forecast and ten-year plan.
- Assists in the preparation and review of various PUCN and FERC required analyses and filing.
- Implements SOX sections 302 and 404 compliance initiatives to maintain and keep current all documentation of internal controls over financial reporting with no significant deficiencies or material weaknesses.
Education and Qualification
- Bachelor's degree in accounting, business, economics, engineering, finance, or related field
- 4+ years of related experience
- Demonstrated knowledge of utility, regulatory theory, and quantitative modeling
- Analytical, problem solving, planning, time management, verbal and written communication, decision making, presentation, organization, project management, and interpersonal.
- Utilization of various modeling, analytical, accounting, monitoring, or reporting software.
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