Director of Revenue Requirements

3 weeks ago


Vestal, New York, United States AVANGRID , Inc. Full time
Job Summary

This position will oversee the revenue requirement component of major regulatory proceedings by all Avangrid Networks' utilities on an as-needed basis. The team directed by this position will complement Avangrid's existing revenue requirements team by supporting significant and atypical regulatory proceedings such as general rate cases, proceedings regarding general ratemaking matters (e.g., performance-based regulation), or other such dockets as needed.

The Director of Revenue Requirements will be responsible for leading revenue requirement forecasts and calculations for all Avangrid Networks utilities, working directly with Legal, Control, Government Affairs and other business areas as needed. This includes supporting revenue requirement-related filings, pleadings, testimony, and data responses directly with Legal and Control teams.

The ideal candidate will have a strong understanding of regulatory accounting, ratemaking and rate design concepts, policies, and principles. They will also have excellent leadership, communication (oral and written), critical thinking, technical writing, and financial analysis skills.

Key Responsibilities:

  • Lead revenue requirement forecasts and calculations for all Avangrid Networks utilities
  • Support revenue requirement-related filings, pleadings, testimony, and data responses
  • Develop and present Avangrid Networks utilities' policies and positions orally and in writing before regulatory authorities and in settlement negotiations with other parties
  • Support in development of each Avangrid Networks utility's multi-year energy financial regulatory plans
  • Provide regulatory support, analysis, review, and guidance on strategic matters at the request of executive leadership

Requirements:

  • Bachelor's degree in Economics, Finance, Business, Accounting, or other related fields of study with an emphasis on critical thinking and analytic skills
  • MBA or other post-graduate degree preferred
  • Minimum 10 years working in a regulated utility environment with direct experience and expertise in calculating revenue requirements and interacting with state and federal regulatory commissions in regulatory proceedings and leading internal regulatory strategy development and execution


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