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Cost Analysis Engineer
2 months ago
Position: Cost Engineer
Contract Type: Long-term
Work Arrangement: Hybrid
Compensation: $44 per hour on W-2
This role involves providing technical and financial assessments to facilitate the development and regulatory endorsement of electric and gas rate structures, including tariff specifications, terms, and conditions. The position requires conducting economic modeling and analysis while ensuring effective communication and execution of regulatory mandates.
Key Responsibilities:
• Articulate company proposals and the foundational analysis to internal personnel, offering tariff interpretations to regulatory staff, clients, and consultants; prepare documentation for various tariff modifications outside of standard rate cases.
• Offer direction to software developers and customer service teams regarding new rate frameworks and billing rates.
• Develop and propose methodologies, spreadsheets, and models for technical and cost analysis to support electric and gas rate design, tariff specifications, and conditions for customer billing rates, alongside the formulation of corporate regulatory and legislative strategies.
• Conduct economic modeling and comprehensive analysis.
• Draft and compose assigned sections of rate-related testimonies and identify strategic development areas.
• Prepare responses to inquiries from interveners related to rate filings or pertinent issues.
Qualifications:
Required:
For the Staff Rates Analyst level:
• Bachelor’s Degree in a quantitative discipline such as accounting, engineering, economics, or mathematics.
• 5-7 years of relevant professional experience.
• Fundamental understanding of the utility sector, economic and financial analysis, and accounting principles.
• Proficient in quantitative analysis and spreadsheet modeling.
• Strong oral and written communication skills.
• Excellent planning and organizational abilities.
For the Principal Staff Rates Analyst level:
• Bachelor’s Degree in a quantitative discipline such as accounting, engineering, economics, or mathematics.
• 7+ years of relevant professional experience.
• Direct experience in utility cost of service analysis and/or rate design.
• Comprehensive understanding of the utility sector, with familiarity in the application of gas and electric tariffs and utility accounting.
• Proficient in quantitative analysis and spreadsheet modeling.
• Strong oral and written communication skills.
• Excellent planning and organizational abilities.
Desired Education:
Bachelor's degree in mathematics or economics.
