Manager, Regulatory Rates and Revenue Requirements

Liberty Utilities; Merrick (NY); On-site; USD 90,000 - 150,000; Full time

Job summary

Join a forward-thinking company dedicated to sustaining energy and water for life. As a Manager in Regulatory Rates and Revenue Requirements, you will play a crucial role in managing regulatory affairs and rate functions across multiple jurisdictions. Your expertise will help shape strategies that maximize shareholder value while ensuring compliance with local regulations. This dynamic position offers the opportunity to lead a team, engage with key stakeholders, and influence industry policies. If you are passionate about making a difference in the utility sector, this is the perfect opportunity for you.

Benefits

Company-funded Pension program

401k with Company match

Full insurance benefits (health/dental/vision/life)

Flexible working policy

Share purchase/match plan

Defined Contribution savings plan

Top Talent Program

Volunteer paid days off

Employee Assistance Program

Achievement fund

Qualifications

• 10+ years' experience in regulatory or related functions, preferably within the utility industry.
• Advanced understanding of revenue requirements and cost recovery programs.

Responsibilities

• Manage regulatory applications and filings for permits and rate approvals.
• Develop strategies for rate case management and compliance.

Skills

Regulatory Affairs

Rate Management

Stakeholder Engagement

Team Leadership

Financial Analysis

Education

Bachelor's Degree in Finance

Bachelor's Degree in Accounting

Bachelor's Degree in Economics

Job description

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Manager, Regulatory Rates and Revenue Requirements

Merrick, NY, US, 11566

Our purpose is sustaining energy and water for life, and it is demonstrated in everything we do as a business, and as an employee team.

At Liberty, we hire passionate people who care about doing the right thing for our customers. We are entrepreneurial, creative, and outcome-focused. Here, your natural talent and achievements will flourish in an inclusive environment of teamwork, trust and continuous learning. We are always pursuing excellence to exceed our ambitions goals, rewarding both the goal outcome and how we achieve it.

This position is an integral part of Liberty’s regional regulatory team, which provides support to Liberty’s regulated utilities in the East region. This position is responsible for all regulatory affairs and rates related functions in multiple jurisdictions. The Manager will support the Regional Director on other regulatory matters and organizational strategies periodically. The Manager will perform regulatory and governmental outreach, prepare and implement rates filings and regulatory filings required at the state level. Has primary responsibility for managing relationships with local regulatory commissions/authorities and other key stakeholders, ensuring compliance with all applicable laws and regulations. Provide regulatory leadership and advice to direct and indirect reports to ensure regulatory compliance and maximize earnings at the local state level.

Accountabilities

• Manage the company’s regulatory applications and filings process to obtain permits, licenses, certificates, authorizations, and rate approvals.
• Develop and manage strategies associated with general rate case management.
• Establish and maintain good relationships with regulatory authorities.
• Liaise with regulatory authorities and commission staff; participate in industry forums to influence policies.
• Ensure alignment of regulatory strategies across key local functional areas to ensure compliance and maximize shareholder value.
• Lead and improve rate-making activities and planning.
• Develop tactics to maximize rate recovery of prudently incurred capital and operating expenses.
• Participate in industry associations and develop leadership positions for Liberty Utilities.
• Act as primary witness on rate and regulatory filings at local regulatory commissions.
• Manage strategies related to revenue requirements, cost recovery, rate making, customer programs, and rate issues.
• Oversee a team of Analysts maintaining reporting and statistics related to tariffs, revenues, sales, and compliance.

Education and Experience

• 10+ years' experience in regulatory or related functions, preferably within the utility industry.
• Bachelor’s degree, preferably in Finance, Accounting, Economics, or related fields.
• Advanced understanding of revenue requirements and cost recovery programs.
• Ability to evaluate team strengths and conduct skills-gap analysis; capable of developing team members.
• Experience leading through organizational change and transformation processes.
• Willingness to perform individual contributions alongside managing your team.

Algonquin Power & Utilities Corp. is a growing renewable energy and utility company with over $15 billion of assets across North America and internationally.

For more than 30 years, Algonquin has demonstrated an unwavering commitment to delivering clean energy and water solutions. Our rapid growth has expanded our utility services and renewable energy portfolios across geographies and commodities, but our purpose remains unchanged – Sustaining Energy and Water for Life.

Through our operating business (Liberty), we provide regulated electricity, water, and natural gas utility services to over 1 million customers, primarily in North America. Our renewable energy portfolio includes over 3GW of capacity in wind, solar, hydro, and thermal power generation, in operation and under construction.

Our diverse and expanding presence across North America and internationally reflects our “Think Global, Act Local” business model.

What we offer

• Company-funded Pension program
• 401k with Company match
• Full insurance benefits (health/dental/vision/life)
• Flexible working policy in a collaborative environment
• Share purchase/match plan
• Defined Contribution savings plan
• Top Talent Program
• Volunteer paid days off
• Employee Assistance Program
• Achievement fund

We are committed to building a diverse and inclusive workforce. If you are interested in this role but do not meet all qualification requirements, we encourage you to apply to explore the opportunity further.

We are an equal opportunity employer, valuing diverse backgrounds, experiences, perspectives, and talents. Full participation in a safe, healthy, and respectful environment is essential for success. We aim to utilize the full potential of all employees and expect each to uphold this commitment daily.

Nearest Major Market: Long Island
Nearest Secondary Market: New York City