Regulatory and Rates Analyst

Job Description

Job Description

Join our Growing Team and see why Summit Utilities, Inc was named as one of the Fastest Growing Denver Area Private Companies 2019 and 2020; Best Places to Work in Maine 2019, 2020, 2021, 2022 and 2023; and Best Places to Work in Arkansas 2020 and 2023, Oklahoma 2022 and 2023 and Missouri 2023. Summit was also recently named one of Forbes 2023 America’s Best Small Employers.

Summit is a growing natural gas utility company providing safe, reliable and clean burning natural gas service to homes and businesses in Arkansas, Colorado, Maine, Missouri and Oklahoma. Being part of the Summit team means embracing excellence, diversity and innovation, committing to safety each and every day, and doing all that we can to serve each other, our customers and the communities where we live. We aim to bring warmth and energy to everything we do.

We are pleased to offer an exciting opportunity for a Regulatory and Rates Analyst to work in a hybrid capacity from one of our offices in Arkansas, Maine, Oklahoma, or remotely from Texas.

POSITION SUMMARY

Develops and prepares revenue requirements, cost of service studies and other rate and regulatory filings in order to achieve Summit Utilities, Inc. strategies, goals and objectives. In conjunction with department management and senior team members, reviews analysis and participates in the formulation of law, rules and policy at the state and federal level.

PRIMARY DUTIES AND RESPONSIBILITIES

• Supports the implementation of rate changes and the administration of existing rates and tariffs
• Performs the planning and preparation of required regulatory reports, annual compliance filings, data responses, ordered compliance filings and other similar non-rate case filings
• Assists team members in assembling, analyzing, and reviewing rate change proposals associated with purchased gas adjustment and demand cost filings
• Maintains compliance with all applicable requirements concerning rates, gas costs and tariff-related matters
• Assists with preparation of regulatory filings including testimony, schedules, work papers, requests for information and briefs on a timely basis and ensures compliance with all regulatory requirements
• Gathers and analyzes financial information and operating statistics and their impacts for the development of regulatory strategies
• Supports the preparation of major rate and regulatory projects
• Aligns with senior team members in the monitoring and communication to senior management key developments in rate and regulatory matters that directly or indirectly impact Summit Utilities, or its business environment
• Works closely with industry associations to coordinate industry responses to key rate and regulatory issues
• Establishes and maintains communications with members of the various Summit Utilities departments
• Works with other departments relative to identifying and researching current issues or trends affecting regulatory environment
• Attends workshops and conferences to monitor regulatory proceedings to identify trends, issues, or decisions which might affect Company's regulatory objectives

EDUCATION AND WORK EXPERIENCE

• Bachelor’s Degree in Accounting or Finance
• Three (3) years’ experience in rate or regulatory matters preferred
• Minimum one (1) year experience with financial systems
• Previous experience in the natural gas industry or regulated utility desirable
• Excellent Excel skills required
• Professional writing abilities required

KNOWLEDGE, SKILLS, ABILITIES

• Solid background and knowledge of financial systems, with SAP or Oracle experience preferred
• Proficient in Microsoft Office Suite of products with excellent Excel skills
• Strong analytical skills, with ability to analyze data and historical trends to determine reasonableness and accuracy of entries and financial results
• Business and financial understanding
• Excellent collaborator
• Ability to work with limited supervision
• Ability to multi-task and maintain high performance under pressure in a dynamic, fast-paced environment
• Ability to maintain motivation and focus to complete tasks within required timelines
• Ability to prioritize and manage multiple tasks within tight timeframes
• Possesses strong organizational and project-planning skills
• Work requires professional written and verbal communication skills
• Self-motivated desire to learn and assimilate data and information from multiple sources
• Comfortable presenting to internal and external audiences
• Ability to quickly gain a fundamental understanding in the business workings of a natural gas utility
• Ability to clearly and credibly articulate complex information to a variety of internal and external constituencies.

The above statements are intended to describe the general nature and level of work being performed by employees assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and/or skills required of all personnel so classified.

Summit offers competitive pay and medical/dental/vision and other benefits that provide flexibility, choice and support to our employees when they need it most. We understand that home and family are essential pieces of your life, and our benefits are designed to support you both at work and at home.

Summit Utilities, Inc. is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or protected veteran status and will not be discriminated against on the basis of disability or veteran status.