Principal Consultant - Utility Cost of Service & Regulatory Finance Expert

Principal Consultant - Utility Cost Of Service & Regulatory Finance Expert

Concentric Energy Advisors, Inc. is a leading management consulting and financial advisory firm focused on the North American energy industries. Concentric specializes in financial advisory assignments; market assessment and strategy development; ratemaking and utility regulation; litigation support; and management and operations consulting. Concentric was founded in 2002 as Concentric Energy Advisors and is headquartered in Marlborough, MA, with additional offices in Washington, DC and Calgary, Alberta, Canada.

We are seeking a highly experienced Principal Consultant - Utility Cost of Service & Regulatory Finance Expert to join our team at our headquarters in Washington, DC and provide our utility clients with expert level knowledge in cost of service and regulatory finance. This role is ideal for senior utility/energy executives and consulting professionals with at least 15 years of experience in utility regulatory work who are ready to take the next step in their consulting career. This individual will serve as a subject matter expert and expert witness in allocated cost of service studies, lead-lag analyses, cash working capital, and affiliate transaction rules. The ideal candidate will have a strong track record of regulatory testimony and deep expertise in utility finance and ratemaking principles.

*This is a hybrid role, with three days per week in-office and two days per week working remotely.*

Key Responsibilities:

• Lead and manage client projects, responsible for hitting deadlines, staffing projects, managing project teams, staying on budget and providing service excellence in all client deliverables.
• Lead and conduct allocated cost of service studies for electric, gas, and water utilities.
• Perform lead-lag studies to determine cash working capital requirements.
• Analyze and advise on affiliate transaction rules, intercompany cost allocations, and compliance.
• Prepare and deliver expert witness testimony before state and federal regulatory commissions.
• Collaborate with clients to develop regulatory strategy and support rate case filings.
• Develop deep and long-standing relationships with utility clients, contributing to business development and revenue generation efforts.
• Mentor junior staff and contribute to internal knowledge development.
• Stay current on regulatory trends, commission rulings, and industry best practices.

Qualifications:

• Bachelor's Degree required. An MBA, Master's Degree or PhD in Economics, Finance, Accounting, Engineering, Math or related field preferred.
• 15+ years of experience in utility regulation or consulting.
• Demonstrated experience as an expert witness in regulatory proceedings.
• Deep knowledge of cost allocation methodologies, ratemaking principles, and regulatory accounting.
• Strong analytical, writing, and presentation skills.
• Familiarity with regulatory environments across multiple jurisdictions is a plus.

Preferred Skills:

• Proficiency in modeling tools (Excel, SAS, Python, or similar).
• Ability to communicate complex financial concepts to technical and non-technical audiences.
• Strong client relationship and project management skills.

Additional Information:

• Hours: Monday-Friday 9am - 5:30pm ET
• Location: Washington, DC office
• Comprehensive Background Check Required
• Base Salary: $204,500 - $285,000+ plus annual incentive compensation bonus

Interested candidates should apply with their resume. Writing samples, a summary of your expert witness experience or testimony samples may be requested to complete the application process.

We offer a highly competitive base salary and year-end incentive compensation bonus, along with a comprehensive benefits package which includes vacation time, personal leave time/parental leave time, 401(k) retirement plan with substantial company match, flexible spending accounts, top-tier health/dental/vision programs, Health Savings Accounts and tuition reimbursement, along with access to training opportunities to support professional growth objectives. In addition, we immerse our employees in a hard-working, collegial and cooperative culture with the opportunity to become a shareholder in our employee-owned firm, and an excellent career path focused on continual professional growth.

We are looking for employees who are collegial and collaborative, enjoy working in a team environment, and have the ability to also work independently. We need people with strong attention to detail and organizational skills, as well as the ability to prioritize your own workload, while maintaining accuracy, consistency and confidentiality. If you enjoy problem solving and analytical thinking, and have experience in the energy/utilities world, Concentric may be the place for you.

We value diversity in backgrounds and in experiences. Energy is a universal concern, and we need people from all backgrounds and swaths of life to help build the future of energy. Concentric's consulting team is welcoming to all walks of life.

We are an Equal Opportunity Employer and our employees have different strengths, experiences and backgrounds, all sharing a passion for the energy space. We are committed to providing equal opportunity for all employees and applicants. Concentric recruits, hires, trains, promotes, compensates and administers all employment actions without regard to race, color, religion, sex, sex stereotyping, pregnancy, gender, gender identity, gender expression, national origin, age, mental or physical disability, ancestry, medical condition, marital status, military or veteran status, citizenship status, orientation, genetic information or any other status protected by applicable law. We encourage applicants from all backgrounds to apply.