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Director Rates, Cost of Service and Financial Analysis
3 months ago
POSITION CONCEPT
Directs company activities in the pricing of gas distribution rates, cost of service studies, regulatory financial analysis, and general regulatory issues management. Directs the rate design and pricing for a wide variety of natural gas matters including base rates, various natural gas service tariff rates, and the development of special contracts for natural gas distribution service. Directs the preparation of natural gas cost of service studies and other cost support analyses. Participates in the formulation of regulatory policies, coordination of FERC and FPSC matters, development and maintenance of allocation factors used in business unit analysis and reporting. Assists in performing technical and compliance reviews of company regulatory and financial filings. Participates in formulating federal and state review of pending legislation as well as development of company positions regarding such legislation related to regulatory matters. Provides expert testimony on pricing and cost of service analyses for natural gas distribution and other PGS natural gas service tariffs.
PRIMARY DUTIES AND RESPONSIBILITIES
1. Direct the preparation, development, and filing of natural gas distribution rate designs/approaches/forecasts, contract rates, development of rules by FERC and FPSC and special rate analyses and provide expert testimony for the same before the FPSC. (20%)
2. Leads the development of the annual load and revenue forecast associated with residential and small commercial base revenue and all clause and rider filings. Oversees the preparation of monthly forecast to actual revenue performance for residential and small commercial base rate and rider/clause customers. (20%)
3. Participate in activities regarding state and federal legislative initiativs that affect PGS’s business, including review, analysis, drafting and editing of existing and proposed legislation. (10%)
3. Direct the preparation of cost-of-service studies for FPSC proceedings and provide expert testimony for the same before the FPSC. (10%)
4. Provide regulatory strategy and pricing analysis regarding business issues that are governed by the FPSC, as well as issues that arise at those regulatory bodies that may affect business matters at PGS. Provide such analysis and expertise to the business groups within PGS and other Emera companies as needed. (10%)
6. Provide a leadership role in company meetings developing strategies, reviewing analyses, and providing regulatory perspectives. Provide updates, expert presentation and advice to company officers, company management and externally on current regulatory issues. (15%)
7. Assist with the pricing and cost to serve regulatory activities associated with the Conservation Clause, Cast/Iron Bare Steel Rider and the Purchase Gas Adjustment Clause, including related planning activities. Lead the financial analysis, cost of service and rate design associated with any new rider or clause pursuits in front of the FPSC. (15%)
SUPERVISION
This position supervises up to 3 exempt employees. This position provides leadership and strategic direction across the department and company through various project teams.
RELATIONSHIPS
Interact with all levels of employees on business/regulatory matters.
- Internal: Coordinate with inter- and intra-department personnel at all levels
- External: Consult with FPSC staff, staff of other utilities throughout the country, intervenors, trade association staff (e.g., EEI), outside legal counsel and outside consultants.
QUALIFICATIONS
- Education: Bachelor’s degree in accounting, legal, finance, economics, engineering, or business major. An MBA or other graduate degree in the above fields is preferred.
- Related Experience: Must have a minimum of ten years of regulatory experience and/or general experience in industry structure, history, utility finance and accounting practices, ratemaking practices, legal and regulatory processes. Experience performing and/or leading cost-of-service studies and designing rates is preferred. Experience must include 4 years of leadership experience.
- Knowledge/Skills/Abilities: Must be proficient in Excel, Word, Power Point and other PC based software.
PEOPES GAS OFFERS A COMPETITIVE BENEFITS PACKAGE :
- Competitive Salary*
- 401k Savings plan w/ company matching*
- Pension plan *
- Paid time off*
- Paid Holiday time*
- Medical, Prescription Drug, & Dental Coverage*
- Tuition Assistance Program*
- Employee Assistance Program *
- Wellness Programs *
- On-site Fitness Centers *
- Bonus Plan and more
STORM DUTY REQUIREMENTS
TECO Energy and its companies serve a role in providing critical services to our community during an emergency. Team members are required to participate in the response/recovery activities related to emergencies/disasters to maintain service to our TECO Energy customers. Team members are required to work in their normal job duties or other assigned activities. Proper compensation will be made in accordance with the company's rules and procedures.
