Associate Analyst, Regulatory Pricing and Revenue Requirements

About us

National Grid is hiring an Associate Analyst for our Regulation & Pricing team. This position can be based in the following locations: Syracuse, NY; Brooklyn, NY; Melville, NY; Waltham, MA.

Every day we deliver safe and secure energy to homes, communities, and businesses. We are there when people need us the most. We connect people to the energy they need for the lives they live.

The pace of change in society and our industry is accelerating, and our expertise and track record put us in an unparalleled position to shape the sustainable future of our industry. To be successful we must anticipate the needs of our customers, reducing the cost of energy delivery today and pioneering the flexible energy systems of tomorrow. This requires us to deliver on our promises and always look for new opportunities to grow, both ourselves and our business.

Job Purpose

This role provides foundational analytical and documentation support which facilitates a rudimentary understanding of the regulatory framework. This role is exposed to and assists in supporting the execution of regulatory strategies across the NY jurisdiction including the key elements of the strategy such as rate cases, cost of service models, and other regulatory filings along with analyses and proposals for National Grid's operations in New York.

Key Accountabilities

• Assist in preparation and maintenance of straightforward revenue requirement models, calculations and procedures to support regulatory filings (ex. rate cases, compliance filings, regulatory reports) and ensure accurate information is provided to regulators and other stakeholders.
• Assist with discovery including gathering data, drafting responses and maintaining an audit trail.
• Act as a DRM for the team in discovery.
• Execute instructions and requests, plan and make appropriate arrangements to ensure that regulatory analysis is carried out efficiently and aligned with relevant policies and processes.
• Prepare and analyze regulatory data for more senior review using pre-determined tools, methods and formats to support the development of regulatory strategy as well as challenge existing ways of working and continuously seek ways to do things better to drive greater efficiencies within assigned area.
• Monitor and review financial information, updating where it is necessary to identify any anomalies or discrepancies and ensure management has access to up to date and accurate information to support the accounting related to rate cases.
• Keep up to date with regulatory developments and build upon technical and professional skills within all areas of Regulation and Pricing to continually grow your personal contribution to the business.
• Present team dashboards
• Help track regulatory precedents and summarize key decisions.
• Act as an initial point of contact for internal business personnel regarding the development and interpretation of regulatory and rate case filings outcomes, to provide support, to support ensuring policies and compliance of outcomes are applied consistently while building cross-functional working in line with National Grid policies and escalating when necessary.
• Gain exposure to key topics and other parts of the business as a supporting working group member.
• Begin to develop and maintain effective relationships with key internal and external stakeholders including PSC Staff.
• Perform baseline research on PSC Orders & Proceedings; summarize for internal use.

Qualifications

• Bachelor's degree in accounting, economics, finance, or related field and up to 1 year of related experience, or equivalent work experience. Advanced degree/credits are preferred.
• Demonstrates strong analytical and problem-solving skills; have the ability to quickly grasp complex issues and can effectively integrate, compile and analyze complex information and data to provide timely and accurate interpretation of analyses.
• Knowledge and experience in revenue requirement and cost of service development and a sound understanding of financial analysis tools and techniques is preferred.
• Proficient in relevant software applications e.g., SAP, Access, Excel, PowerPlan, BI/HANA Reports and Word with strong knowledge of data management.
• Ability to communicate tactfully and effectively, both orally and in writing, and must be able to present information in a clear and concise manner to large groups, senior management, management, internal stakeholders and external contacts.
• Strong organizational skills, ability to work independently, handle multiple tasks, research inquiries and follow-up to ensure completion are also necessary.

More Information

Salary :

Upstate NY: $62,354.00 - $72,000.00 USD Annually

Downstate NY: $74,000.00 - $87,000.00 USD Annually

Waltham, MA: $69,000.00 - $81,000.00 USD Annually

National Grid utilizes an assessment that evaluates the job qualifications/characteristics using AI or statistically based scoring. For more information, please view NYC Local Law 144.

This position has a career path which provides for advancement opportunities within and across bands as you develop and evolve in the position; gaining experience, expertise and acquiring and applying technical skills. Candidates will be assessed and provided offers against the minimum qualifications of this role and their individual experience.

National Grid is committed to providing equal employment opportunities to all employees and applicants for employment regardless of protected class. We do not discriminate on the basis of race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age, disability, genetic information, or any other protected status in accordance with applicable federal, state, and local laws. National Grid maintains affirmative action programs for individuals with disabilities and protected veterans.

Our employment practices are designed to ensure that all individuals are treated fairly and with respect throughout the hiring process and during employment. National Grid complies with all applicable federal, state, and local anti-discrimination laws. We are dedicated to fostering a workplace that is free from unlawful discrimination and harassment, and we encourage a culture of respect for all.
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