Director, Rate and Revenue

BBG Ventures, LLC; Dover (DE); Hybrid; USD 120,000 - 160,000; Full time

Benefits offered by this job

Flexible work arrangement

Competitive base salary

Annual bonus and salary increase opportunities

Robust and customizable benefit packages

Paid time off and holidays

Job summary

BBG Ventures, LLC is looking for a Director of Rate & Revenue to manage rate mechanisms and ensure regulatory compliance. The role involves developing cost recovery strategies, leading regulatory proceedings, and forecasting financial needs. Candidates should have a Bachelor's in finance or business, ten years of utility finance experience, and strong team leadership skills. The position offers a hybrid work arrangement and competitive benefits, including a customizable benefits package and career growth opportunities.

Qualifications

• Minimum of ten years of experience in utility finance, rate design or regulatory strategy.
• Five years in a leadership role required.
• Possess a regular driver's license.

Responsibilities

• Develop and implement rate-making strategies aligning with company and regulatory needs.
• Prepare and present regulatory and revenue reports to management.
• Lead the development of testimony for regulatory bodies.
• Monitor rates and regulatory activities with financial forecasting.

Skills

Financial modeling and data analysis

Leadership and team management

Communication skills

Organizational skills

MS Excel

MS Word

PowerPoint proficiency

Education

Bachelor of Science in finance, accounting, economics, or business

Job description

Location: Hybrid (2-3 days a week) in Newark, DE, Yulee, FL, or West Palm Beach, FL

Why Join This Company

At the heart of this organization is a commitment to delivering energy that drives progress. They prioritize people, safety, and trust—building strong relationships while powering a better future.

Position Summary

The Director, Rate & Revenue position is responsible for managing the rate mechanisms and cost of service through which the company recovers costs, sets customer prices, and ensures regulatory compliance. This role will oversee developing and implementing cost recovery mechanisms and regulatory strategy initiatives. Responsibilities also include proposing solutions to key business issues, when necessary, and making oral and written testimony and support to federal and state regulatory agencies. This position will oversee and develop team members under his/her direction.

What You’ll Be Working On

• Rate Strategy Design: Develop and implement rate‑making strategies (general rate cases, formula rates, infrastructure riders) that align with the company, regulatory, and customer needs.
• Revenue Requirements Modeling: Determine the necessary revenue needed to cover costs and earn a fair return, including conducting cost‑of‑service studies.
• Reporting: Prepare and present comprehensive regulatory and revenue reports and forecasts to senior management and stakeholders.
• Regulatory Proceedings: Lead the development of testimony, exhibits, and discovery responses for state public utility commissions (PUCs) or other regulatory bodies.
• Financial Forecasting & Analysis: Forecast, budget, and monitor rates and regulatory activities; perform sensitivity analyses of revenues to load forecasting errors.
• Tariff Administration: Oversee the development, filing, and maintenance of company tariff programs.
• Stakeholder Management: Collaborate with internal departments (finance, legal, operations) and represent the utility with external stakeholders, including regulators and intervenors.
• Team Leadership: Direct and develop staff specialized in regulatory analysis, rate design and revenue modeling.
• Deep understanding of revenue management techniques, pricing strategies, forecasting, cost‑of‑service regulation, FERC operations, and state‑specific regulatory/legislative processes.

Who You Are

• Bachelor of Science in finance, accounting, economics, business or other related field
• High organization skills
• Ten (10) years of experience in utility finance, rate design or regulatory strategy with a minimum of five (5) years in a leadership role
• Expert proficiency in financial modeling and data analysis
• Advanced skills in MS Excel, proficiency in MS Word, and PowerPoint
• Excellent verbal and written communication skills
• Ability to develop and maintain strong relationships
• Excellent leadership and team management abilities with the capacity to motivate and guide a team to deliver results
• Regular Driver’s License

Benefits

• Flexible work arrangement
• Competitive base salary
• Fantastic opportunities for career growth
• Cooperative, supportive and empowered team atmosphere
• Annual bonus and salary increase opportunities
• Monthly recognition events
• Endless wellness initiatives and community events
• Robust and customizable benefit packages—choose what works best with your life. Options include generous 401k, medical, dental and life insurance, tuition reimbursement, compensated volunteer hours and more!
• Paid time off, holidays and a separate bank of sick time!