VP Regulation
2 weeks ago
We are playing a key role at the heart of one of the greatest challenges facing our society — transforming our electricity and natural gas networks with smarter, cleaner, and more resilient energy solutions to meet the goal of reducing greenhouse gas emissions and delivering more clean energy. Every day we work with a wide variety of stakeholders, elected officials, and regulators to promote the development and implementation of more sustainable, innovative, and affordable energy solutions.
National Grid has been recognized as one of ‘America's Best Large Employers’ by Forbes. It was also recognized in 2022 on the lists of ‘Best Employers for Veterans’ and ‘Best Employers for New Grads.’
About The Role
The New York Vice President of Regulation and Pricing will lead the strategic direction and operational aspects of regulatory compliance and deliverables for the New York region. The VP will be responsible for developing strategies that meet our customers’ needs, achieve timely cost recovery, optimize regulatory outcomes and enhance the company’s financial performance.
Responsibilities include oversight of regulatory filings; strategic and tactical pricing and cost recovery proposals for rate cases and other regulatory initiatives; New York regulatory relationship strategies; wholesale market strategies and policies; and New York Performance Reporting.
Key Accountabilities
As part of this critical role your accountabilities will include:
- Overseeing National Grid’s regulatory activities, filing requirements and other regulatory initiatives in New York.
- Working within the business to develop strategies to achieve National Grid’s business goals through state regulation.
- Being a point of contact with the New York State Public Service Commission on financial matters, responsible for maintaining positive regulatory relationships with regulatory commissioners and staff.
- Managing the Revenue Requirements teams and on a periodic basis, compares the operating companies’ approved cost of service to the actual P/Ls to provide the company leadership team with trend analyses to maintain or improve earnings.
- Acting as sponsor for rate cases and other large rate-related filings, providing direction and leadership to the teams working on these activities.
- Preparing and delivers testimony as Revenue Requirement witness in rate case proceedings.
- Proactively managing stakeholder relationships on regulatory and pricing issues affecting the New York business.
- Leading the New York Regulation and Pricing team, providing clear strategic direction and ensuring capability development to enable the team to deliver and perform.
We are looking for experienced candidates who possess the following:
- Proven executive capabilities to lead, motivate and develop required departmental capabilities and future leaders
- Strong leadership skills with the ability to analyze business issues, provide strategic direction on regulatory matters, motivate the team and develop the capability of the organization to succeed
- A demonstrated ability to understand, analyze and prioritize a broad range of issues coupled with strong decision-making skills
- Knowledge of utility finance, economics, accounting, ratemaking and revenue requirements
- Experience in financial and business case development and analysis
- Excellent problem solving and strategic skills
- The ability to establish credibility and maintain stakeholder relationships both internally and externally
- The ability to communicate and work with people at all levels and across organizational boundaries, including ability to comprehend and explain highly complex information to a less technical audience
- Strong project management skills
Closing Date: 29th of May 2024
Location: Based in the State of New York
Hiring Manager: Rudolph Wynter - President NY
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