Financial Analyst, Regulatory (Hybrid Schedule)

Eversource Energy; Berlin (CT); On-site; USD 90,000 - 100,000; Full time

Benefits offered by this job

Hybrid work model

Competitive total rewards

Job summary

Eversource Energy is seeking a Regulatory Financial Analyst to assist the Team Leader in developing financial analyses and regulatory support for transmission revenue requirements and rate design.

Responsibilities include supporting regulatory filings, contracts, and competitive solicitations, while collaborating with multiple business areas. A Bachelor’s degree in a related field is required; a CPA or similar designation is preferred. Salary ranges based on experience and market norms.

Qualifications

• Bachelor’s degree in accounting, Finance or Business Administration or equivalent experience required.
• Master’s degree preferred.
• CPA or industry specific designation(s) preferred.

Responsibilities

• Prepares and/or reviews financial analysis and regulatory compliance support for transmission contract revenue requirements and rate design.
• Develops financial and regulatory support for transmission service and support agreements.
• Provides financial and regulatory support for competitive transmission solicitations and other strategic initiatives.
• Collaborates with business areas on transmission regulatory finance activities and billing of contracts.

Skills

Finance knowledge

Utility regulation

Financial modeling

Communication skills

Attention to detail

Education

Bachelor’s degree in accounting, Finance or Business Administration or equivalent experience

Master’s degree preferred

CPA certification preferred

Job description

Eversource will not offer immigration-related sponsorship for this position (e.g., H-1B, O-1, J-1, TN, E-3, etc.). Applicants requiring visa sponsorship to start employment with Eversource will not be considered.

Eversource supports work-life balance by offering hybrid schedules for certain roles. Eligibility is based on job responsibilities, operational needs, nature of work and team dynamics. Current guidelines require employees to work at least three days in the office, including Tuesdays and Wednesdays, with the third day set by the employee and supervisor based on department needs. These guidelines apply to roles approved for remote work and are subject to change, based on managerial discretion and work performance. All applicants must be able to work up to five days in the office if needed (for example: emergencies, training, or other business needs) or should the policy change

The Regulatory Financial Analyst is responsible for assisting the Team Leader, Regulatory Financial Analysis (RFA) in the development and preparation of financial analysis and regulatory compliance support associated with transmission service revenue requirements and rate design. This includes cost recovery related initiatives and financial and contractual support associated with transmission interconnection and support agreements, related regulatory filings, settlement activities, competitive bid transmission solicitations, and other strategic transmission initiatives.

Essential Functions

• Prepares and/or reviews financial analysis and regulatory compliance support to accommodate new, or updates to existing, transmission contract revenue requirements and rate design.
• Develops financial and regulatory support for transmission related service and support agreements.
• Provide financial and regulatory support associated with competitive transmission solicitations and other strategic transmission development initiatives.
• Contribute to supporting other Regulatory Financial Analysis initiatives, as requested, in negotiating, administering, and billing of transmission related contracts on behalf of Eversource electric operating companies.
• Supports regulatory financial projects as necessary.
• Collaborates effectively with several key business areas on a variety of transmission related regulatory financial activities.
• Keeps Team Leader informed of issues, impediments, and progress.

Qualifications

Technical Knowledge/Skill:

• Strong knowledge of finance, utility accounting and regulation
• Experience in regulatory financial concepts such as revenue requirements and rate making theory is desirable.
• Financial modeling experience is preferred.
• Possess the aptitude to draw sound business conclusions, act decisively and drive business results.
• Ability to effectively direct multiple and competing priorities and demonstrate excellent written and verbal communication skills.
• Strategic mindset: ability to see the big picture and provide effective direction.
• Focus on innovation; continually and consistently challenge the status quo.
• Self-motivated, attention to detail and strong desire to learn.

Education:

• Bachelor’s degree in accounting, Finance or Business Administration or equivalent experience
• Master’s degree preferred.

Experience

• At least 3 years of experience in utility regulatory finance, accounting, or a related field required.

Licenses & Certifications:

• CPA or industry specific designation(s) preferred.

Competencies

• Build trusting relationships
• Manage and develop people
• Foster teamwork and cross-functional collaboration
• Lead change
• Communicate strategic vision
• Create an engaged workforce
• Focus on the customer
• Take ownership & accountability

Compensation and Benefits

Eversource offers a competitive total rewards program.Check out our careers site for an overview of our benefits programs. Salary is commensurate with your experience. This position is eligible for a potential incentive.The annual salary range for this position is:

$90,370.00-$100,410.00

Worker Type: Regular

Number of Openings: 1

Emergency Response

Responding to emergency situations to meet customers’ needs is part of every employee’s role. If employed, you will be given an Emergency Restoration assignment. This means you may be called to assist during an emergency outside of your normal responsibilities, work hours and location.

EEO Statement

Eversource Energy is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to age, race, color, sex, sexual orientation, gender identity, national origin, religion, disability status, or protected veteran status.

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