Analyst II, Rates and Regulatory Affairs
$75k - $100kLiberty Utilities
Analyst II, Rates and Regulatory Affairs
Our purpose is sustaining energy and water for life, and it is demonstrated in everything we do as a business, and as an employee team. At Liberty, we hire passionate people who care about doing the right thing for our customers. We are entrepreneurial, creative, and outcome-focused. Here, your natural talent and achievements will flourish in an inclusive environment of teamwork, trust and continuous learning. We are always pursuing excellence to exceed our ambitions goals, rewarding both the goal outcome and how we achieve it.
The Regulatory Analyst will report to the Director, Rates and Regulatory Affairs, and will undertake complex financial and operational research and analysis for priority regulatory projects or rate issues for Liberty's Central Region Utilities. Analysts will play a significant role in the preparation and implementation of required state and federal rate filings and various other regulatory filings. Have responsibility for specific calculations, reports, and analysis. May communicate with local regulatory authorities and other key stakeholders while ensuring that compliance requirements are met. This role will also provide decision support for various financial statement items, and monitor utility earnings or rates of return, to determine whether rate increases or decreases are necessary.
Accountabilities include:
- Review and utilize the accounting records, operational data and financial records of the utility to complete various regulatory filings
- Work closely with Rates and Regulatory team members on various filings which include the preparation of supporting financial schedules and all supporting documentation
- Plan and advise on the preparation and recording of rate case adjustments in conjunction with the Accounting and Budget department
- Participate and prepare written regulatory filing activities such as providing support to expert witnesses and drafting testimony
- Take responsibility for responding to data requests/requests for information from the various utility commissions along with requests from other stakeholders
- Maintain an ongoing data base of compliance requirements
- Review final commission decisions to identify new and ongoing compliance requirements which are being imposed on the regulated entity
- Prepare compliance filings to ensure accuracy and timeliness with filing deadlines as required
- Establishes and maintains productive relationships with regulatory authorities
- Develop strategy to maximize rate recovery of prudently incurred capital and operating expenses
- Conduct analysis to advice company's management on emerging regulations and developments in industry
- Review and interpret new and pending local laws and regulations, which potentially affect the organization's business practices, and coordinates the development or revision of policies, procedures, contracts, and agreements to ensure compliance
- Monitor industry information regarding federal, state and applicable laws and regulations as they relate to filing requirements for regulated utilities
- Update key management on regulatory changes, developments, and implications of new requirements on functional areas
Education and Experience: This Regulatory Analyst position is ideally suited for a detail and goal oriented individual with several years of professional experience in a role that requires complex financial analysis, in a fast-paced environment. These analysis skills may come from a variety of backgrounds such as financial planning and analysis, accounting, audit, financial planning, and economics, and business data analytics. The Analyst must be comfortable interacting with third parties such as lawyers, consultants, and regulatory staff in multiple states, and peers in industry. Degree in Accounting, Audit, Finance, Economics, Statistics, Data Analytics or related field 1-3 years in a highly analytical role, preferably in a regulated environment Experience supporting regulatory filings and reporting preferred Detail-oriented and proficient in Microsoft Office, particularly in MS Excel Strong business insight with proven ability to develop strategic solutions to sophisticated problems. Ability to work under time constraints with firm deadlines. Demonstration of being a standout colleague who can think creatively. Some travel will be required
Compensation Data Full base salary range $75,000.00- $100,000.00 per year
Algonquin Power & Utilities Corp. is a growing renewable energy and utility company with over $15 billion of assets across North America and internationally. For more than 30 years, Algonquin has demonstrated an unwavering commitment to delivering clean energy and water solutions. Our rapid growth has led both our regulated utility services and renewable energy business groups into different geographies and commodities, but our purpose remains unchanged Sustaining Energy and Water for Life. Through our operating business (Liberty), we provide regulated electricity, water, and natural gas utility services to over 1 million customer connections, primarily in North America. And, our growing portfolio of clean, renewable wind, solar, hydro and thermal power generation facilities represent over 3 GW of renewable generation capacity in operation and under construction.
What we offer:
- Company funded Pension program
- 401k with Company match
- Full insurance benefits (health/dental/vision/life)
- Collaborative environment with a genuine flexible working policy
- Share purchase/match plan
- Defined Contribution savings plan
- Top Talent Program
- Volunteer paid days off
- Employee Assistance Program
- Achievement fund
We are focused on building a diverse and inclusive workforce. If you are excited about this role and are not certain you meet the all the qualification requirements, we encourage you to apply to further investigate the opportunity. We are an equal opportunity employer and value each person's unique background, diversity, experiences, perspectives and talents. Full participation of all employees in a safe, healthy and respectful environment is key to individual and company success. We are committed to fully utilizing the abilities of all of our employees and expect each of our employees to honor this commitment in their daily responsibilities.
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