Prin Regulatory Analyst

Delmarva Power & Light Co.; Illinois; Hybrid; USD 107,000 - 147,000; Full time

Benefits offered by this job

Bonus program

401(k) match

Insurance coverage

Generous PTO

Wellbeing programs

Education reimbursement

Referral bonus

Job summary

Exelon's ComEd unit seeks a seasoned Project Manager to lead regulatory filings, audits and strategic initiatives. You will analyze accounting and financial issues, draft testimonies, and coordinate schedules with finance, accounting and legal teams.

The role requires strong communication, leadership in cross-functional teams, and adaptability to regulatory deadlines. Extensive hours during storms or emergencies may occur, with a focus on accuracy and impact.

Qualifications

• Bachelor-level degree in business, economics, finance, accounting or engineering.
• 7–10 years of experience in accounting, finance or related field.
• Excellent written and oral communication skills.
• High standards of quality, integrity and professionalism.
• Strong problem solving, math and analytical abilities.
• Ability to manage cross-functional teams and multitask.

Responsibilities

• Act as project manager for regulatory filings, audits and special projects.
• Conduct quantitative and qualitative analyses of regulatory matters.
• Coordinate drafting of testimony and regulatory schedules.
• Monitor hearings and communicate findings to management.
• Build relationships with state regulatory staff and stakeholders.

Skills

Regulatory filings

Cross-functional leadership

Financial analysis

Communication skills

Problem solving

Project management

Team leadership

Education

Bachelor's degree in Business/ Economics/ Finance/ Accounting/ Engineering

Job description

Who We Are

We're powering a cleaner, brighter future. Exelon is leading the energy transformation, and we're calling all problem solvers, innovators, community builders and change makers. Work with us to deliver solutions that make our diverse cities and communities stronger, healthier and more resilient. We're powered by purpose-driven people like you who believe in being inclusive and creative, and value safety, innovation, integrity and community service. We are a Fortune 200 company, 20,000 colleagues strong serving more than 10.7 million customers at six energy companies – Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco). We're committed to creating an environment where every person can thrive. Our employee experience is grounded in four tenets that guide how we support our people: purposeful careers, growth opportunities, community impact, and support to thrive. In our relentless pursuit of excellence, we elevate diverse voices, fresh perspectives and bold thinking. And since we know transforming the future of energy is hard work, we provide competitive compensation, incentives, excellent benefits and the opportunity to build a rewarding career. Are you in?

Primary Purpose

Act as project manager for regulatory filings, audits and/or special projects. The Revenue Policy function is to plan, coordinate, recommend and support strategies for timely development of filings and responding to informational and audit requests. Perform research and analysis of accounting, tax and financial issues associated with regulatory matters and preparation of executive level presentation materials as necessary. Apply critical analytical skills in the preparation of regulatory filings or strategic analysis including the drafting of testimony and required schedules, responses to discovery (data) requests of regulators and external parties and contributing to the development of filings and briefs related to revenue requirements. Monitor regulatory hearings, proceedings and meetings. Analyze impacts and communicate findings to ComEd departments and other impacted Exelon operating groups. Position may be required to work extended hours for coverage during storms or other emergencies.

Primary Duties

• Act as project manager for regulatory filings, audits and/or special projects. Plan, coordinate and manage the implementation of the assigned filing, audit or project. This includes recommendations to appropriate management and other departments in the development of filings and positions on, and responses to, information requests. Manage activities of the regulatory and multifunctional staff as assigned.
• Perform accounting, tax, financial, economic and other quantitative and qualitative analyses of regulatory matters. Responsibilities include research, analysis, coordination with finance, accounting. legal and other departments, monitoring and the preparation of appropriate written and oral reports for management.
• Coordinate and provide quality assurance in the preparation or drafting of written testimony, regulatory schedules, special regulatory audits and post-filing implementation requirement activities.
• Participate in and/or monitor regulatory hearings, proceedings and meetings. Analyze impacts on the company and prepare appropriate reports to management identifying issues and suggesting appropriate actions to address issues raised by commission decisions and rule making. Communicate relevant information to regulatory departments and other Exelon departments effected by the regulatory issues.
• Promote and maintain regular relationships with state regulatory agency staff pertaining to the areas of ratemaking, economics and audit.

Job Scope

• This position has a direct impact on the utility's ability to successfully implement its regulatory strategy for utility cost recovery and strategic business objectives.
• The position has significant interrelationships both internally and externally. Key internal relationships include regulatory, finance, accounting, treasury, and legal, as well as other operational and support groups within ComEd and its affiliates. Position requires strong aptitude for project management of cross-functional teams. In addition, the individual is regularly called upon to provide guidance, analysis, quality assurance and advice to company personnel with regards to complex regulatory issues. Financial modeling skills are preferred.
• The position requires that it be a trusted and reliable conduit of information to, and feedback from, the regulatory agencies and other internal and external parties involved in the regulatory processes that impact the Company. In doing so it is required that the position be able to interface with regulatory staff, intervenors and consultants demonstrating cooperation, tact, diplomacy and excellent judgment to further ComEd's credibility and strategic business objectives.
• Work is complex in nature, and involves both strategic thinking, technical and financial analysis, and an attention to detail, in order to quickly assimilate and implement new regulatory concepts under tight time constraints. At certain points in time, the position requires extended hours in order to prepare regulatory filings.
• This position will also, as appropriate, provide functional direction, leadership and instruction to others in the department on project teams demonstrating judgment and communication skills.
• Generally operates with minimal supervision.

Minimum Qualifications

• Bachelor's Degree in Business, Economics, Finance, Accounting or Engineering
• Experience is typically career level (7-10 years) in Accounting, Finance or related field.
• Excellent written and oral communication skills are essential.
• Commitment to highest standards of quality and integrity
• Possess a high degree of complex problem solving with solid financial, mathematical and analytical capabilities
• Demonstrated competencies in 1) accountability, 2) collaboration, 3) continuous learning and 4) high performance in ambiguous situations.
• Exhibit professionalism and stay current on industry proceedings and professional development
• Demonstrated ability to effectively manage cross functional teams.
• In lieu of degree, 9-12 years of relevant experience.

Preferred Qualifications

• Advanced degree in Accounting, Finance, Business, Economics; CPA
• Ten or more years of electric utility experience with five or more years experience with regulatory filings.
• Financial modeling skills preferred

Benefits

• Annual salary will vary based on a candidate’s skills, qualifications, experience, and other factors: $107,200.00/Yr. – $147,400.00/Yr.
• Annual Bonus for eligible positions: 20%
• 401(k) match and annual company contribution
• Medical, dental and vision insurance
• Life and disability insurance
• Generous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave and bonding/primary caregiver leave or parental leave
• Employee Assistance Program and resources for mental and emotional support
• Wellbeing programs such as tuition reimbursement, adoption and surrogacy assistance and fitness reimbursement
• Referral bonus program
• And much more

Note: Exelon-sponsored compensation and benefit programs may vary or not apply based on length of service, job grade, job classification or represented status. Eligibility will be determined by the written plan or program documents.