Principal Consultant Project Manager - Utility Return on Equity & Cost of Capital

Concentric Energy Advisors, Inc.; Washington (District of Columbia); Hybrid; USD 167,500 - 212,700; Full time

Benefits offered by this job

Comprehensive benefits package

401(k) with company match

Tuition reimbursement

Job summary

A management consulting firm is seeking a Principal Consultant Project Manager specializing in Utility Return on Equity and Cost of Capital. The role involves managing client engagements, advising on regulatory strategies, and overseeing project teams. Candidates should have over 10 years of experience, strong communication skills, and a relevant educational background. This hybrid position requires working three days in Washington, DC, and two remotely, offering competitive salary and benefits alongside a path to share ownership in the firm.

Qualifications

• 10+ years of experience in ROE and Cost of Capital matters.
• Demonstrated experience managing analyses for utility clients.
• Strong written and oral communication skills.

Responsibilities

• Manage client engagements including project scope and budget.
• Advise clients on rate filings and settlements.
• Contribute to written testimony and support litigation strategy.

Skills

Return on Equity analysis

Cost of Capital analysis

Client communication

Team leadership

Education

Bachelor’s degree in Economics, Finance, Accounting, Mathematics or related

Master’s degree, MBA or PhD

Job description

Principal Consultant Project Manager - Utility Return on Equity & Cost of Capital

Concentric Energy Advisors (“Concentric”) is an employee-owned management consulting and financial advisory firm serving the North American energy and utility industries. Since 2002, Concentric has built a national reputation for excellence in ratemaking and utility regulation, litigation support, market strategy, and financial advisory services, working with investor-owned utilities, regulators, and other industry participants on complex, high-stakes matters.

Headquartered in Marlborough, MA, with offices in Washington, DC and Calgary, Concentric combines deep technical expertise with a collaborative, ownership-driven culture.

The Opportunity

We are seeking a Principal Consultant Project Manager - Utility Return on Equity & Cost of Capital - to manage complex utility consulting engagements. This role is designed for an experienced professional who has in-depth experience with Return on Equity or Cost of Capital analyses and is ready to take the next step in their career, managing both project engagements and employee teams.

This is a visible, client-facing leadership role, shaping regulatory strategy and managing project engagements.

*This is a hybrid role, with three days per week in-office in our Washington, DC location and two days per week working remotely.*

What You Will Do

As a Principal Consultant Project Manager, you will be responsible for managing most aspects of various client engagements – including communicating with clients on project scope, project updates, working within budgets, delegating work to colleagues, and ensuring all deliverables are client‑ready and free from any errors. Additional duties include:

Return on Equity & Cost-of-Capital Practice Area Management

• Manage and review cost‑of‑capital and return on equity analyses for electric transmission and/or natural gas pipeline clients.
• Advise clients on rate filings, compliance filings, settlements, and contested proceedings.

Written Testimony & Prudence Matters

• Contribute to producing ROE and Cost of Capital documents including preparation and defense of written testimony, exhibits, workpapers, and discovery responses.
• Support litigation strategy in close coordination with internal teams, external counsel, and client leadership.
• Participate in hearings, settlement negotiations, and technical conferences.

Client & Practice Management

• Manage multi‑disciplinary consulting teams and complex engagements from scoping through final deliverables.
• Act as a trusted advisor to utility executives on various topics.
• Contribute to business development opportunities by leveraging professional relationships, regulatory credibility, and expert reputation.
• Help shape and evolve Concentric’s ROE and Cost of Capital offerings, including mentoring junior staff and strengthening analytical standards.

What Success Looks Like

Successful candidates in this role are known for:

• Clear, defensible analysis that stands up under cross‑examination.
• The judgment to balance technical rigor with regulatory strategy.
• The ability to translate complex concepts for senior decision‑makers.
• A reputation for integrity, credibility, and professionalism with regulators, clients, and peers.

Ideal Candidate Profile

Required Experience

• 10+ years of experience in ROE and Cost of Capital matters, gained through:
  • Consulting,
  • An investor‑owned utility,
  • A regulatory agency (including former FERC or state commissions staff), and/or
  • A Big 4 or similar professional services firm.
• Demonstrated experience managing ROE and Cost of Capital analyses for electric transmission and/or natural gas pipelines.
• Strong written and oral communication skills, with experience presenting complex positions to regulators, attorneys, and senior executives.

Education

• Bachelor’s degree required (Economics, Finance, Accounting, Mathematics, or similar preferred).
• Master’s degree, MBA, or PhD strongly preferred.

Additional Expectations

• Ability to operate independently while collaborating effectively in team environments.
• Strong attention to detail, organization, and professional judgment.
• Willingness to travel for hearings, client meetings, and regulatory proceedings (U.S. and Canada).

Compensation & Ownership

• Base salary range: $167,500 - $212,700, depending on level and experience, plus annual incentive compensation bonus.
• Comprehensive benefits package including health, dental, vision, 401(k) with company match, flexible spending accounts, Health Savings Account with company seeding, extensive paid time‑off programs, tuition reimbursement and a focus on learning, development and training for continual career growth.
• Opportunity to become a shareholder in an employee‑owned firm and participate directly in Concentric’s long‑term success.

Culture & Values

Concentric offers a collegial, high‑performing environment where expertise is respected, collaboration is expected, and professionals are trusted to lead. We value diversity of background and perspective and are committed to equal opportunity in all employment practices.

We are an Equal Opportunity Employer and our employees have different strengths, experiences and backgrounds, all sharing a passion for the energy space. We are committed to providing equal opportunity for all employees and applicants. Concentric recruits, hires, trains, promotes, compensates and administers all employment actions without regard to race, color, religion, sex, sex stereotyping, pregnancy, gender, gender identity, gender expression, national origin, age, mental or physical disability, ancestry, medical condition, marital status, military or veteran status, citizenship status, orientation, genetic information or any other status protected by applicable law. We encourage applicants from all backgrounds to apply.

How to Apply

Interested candidates should apply online with their resume. Writing samples and testimony excerpts may be requested as part of the evaluation process.