Director of Regulatory Affairs

CTwater; San Jose (CA); On-site; USD 185,000 - 226,000; Full time

Job summary

San Jose Water Company in San Jose, CA, is seeking a Director of Regulatory Affairs to lead complex financial and regulatory analyses, establish revenue requirements and rate structures, and ensure regulatory compliance. Under VP direction with staff support, the role oversees rate case proceedings, interfaces with the California PUC, and guides budgeting, forecasting, and tariff administration.

The ideal candidate has a finance/economics/accounting background, an MBA or CPA, and proven

Qualifications

• Bachelor’s degree or equivalent in finance, economics, accounting or a closely related field.
• MBA or CPA or equivalent financial and/or accounting experience.
• Experience should include rate analysis, financial and economic analyses, long-range financial forecasting, and budget development.
• Experience in water rate studies, or related subjects is desirable.

Responsibilities

• Performs and supervises the review of financial operations and expenditures for budgetary and regulatory purposes.
• Estimates future revenues to assist in the preparation of the budget and long-range financial forecasts.
• Develops forecasts of rates, revenues, and financial structure to forecast ongoing operations, major improvements, and levels of financing and revenue required to support planned activities.
• Directs and administers general rate case proceedings.
• Represents the Company, negotiates with and interfaces with the Public Utilities Commission staff on matters related to filings, applications, and complaints.
• Testifies as needed before the Public Utilities Commission.
• Administers tariff rules and schedules.
• Maintains records and prepares written reports, budgets, and other analyses as required.
• Works with the financial planning and analysis team to ensure that budgets accurately reflect estimated revenue and expenses and meet financial targets and to monitor in‑year variances and recommend any necessary actions.

Skills

Financial analysis

Budgeting

Rate analysis

Communication skills

Spreadsheet software

Education

Bachelor’s degree in finance/economics/accounting

MBA or CPA or equivalent

Job description

Job Title Director of Regulatory Affairs

Requisition ID req1179

Type of Employment Regular Full-Time Employee

Job Openings 1

Compensation Range 184,500.00 - 225,500.00

Compensation Type Annual Salary

Founded in 1866, San Jose Water Company is an investor owned water company headquartered in Silicon Valley. With a service area of 140 square miles, it is one of the largest and most technically sophisticated urban water system in the United States. We serve over 1 million people with high quality, life sustaining water, with an emphasis on exceptional customer service. We are actively seeking talented, driven and highly‑productive applicants for the position of Director of Regulatory Affairs to join our dynamic team. We offer a challenging and rewarding work environment along with a competitive salary and an excellent benefits package.

Under the general direction of the VP of Regulatory Affairs, and with a dotted line to the CFO of SJWC's parent company H2O America, the Director of Regulatory Affairs, with staff assistance, performs complex financial and regulatory analyses to determine the Company's revenue requirement and rate structure required to achieve its authorized rate of return; maintains all aspects of regulatory (economic) compliance; performs related work as required. Distinguishing Features: This position is distinguished by management level responsibility for regulatory affairs and by the performance of highly complex financial, economic, accounting, and statistical analyses.

Principal Duties & Responsibilities:

• Performs and supervises the review of financial operations and expenditures for budgetary and regulatory purposes.


• Estimates future revenues to assist in the preparation of the budget and long-range financial forecasts.


• Develops forecasts of rates, revenues, and financial structure to forecast ongoing operations, major improvements, and levels of financing and revenue required to support planned activities.


• Directs and administers general rate case proceedings.


• Represents the Company, negotiates with and interfaces with the Public Utilities Commission staff on matters related to filings, applications, and complaints.


• Testifies as needed before the Public Utilities Commission.


• Administers tariff rules and schedules.


• Maintains records and prepares written reports, budgets, and other analyses as required.


• Works with the financial planning and analysis team to ensure that budgets accurately reflect estimated revenue and expenses and meet financial targets and to monitor in‑year variances and recommend any necessary actions.

Required Education and Experience:

• Bachelor’s degree or equivalent in finance, economics, accounting or a closely related field.


• MBA or CPA or equivalent financial and/or accounting experience.


• Experience should include rate analysis, financial and economic analyses, long-range financial forecasting, and budget development.


• Experience in water rate studies, or related subjects is desirable.

Required Knowledge, Skills & Abilities:

• Knowledge of the principles, procedures, and methods used in the field of accounting, economics, and financial analysis.


• Working knowledge of statistics, investments, budgeting, project management and computerized applications; utility rate‑making methodologies and legal requirements.


• Ability to utilize current applications of word processing or spreadsheet software programs.


• Excellent written and oral communication skills.

Other Requirements:

• Must possess a valid California driver's license and have a satisfactory driving record.

EEO Statement

Our company provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics.