Principal Consultant – Utility Return on Equity & Cost of Capital Specialist

Concentric Energy Advisors, Inc.; Marlborough (MA); Hybrid; USD 114,000 - 161,000; Full time

Benefits offered by this job

Health insurance

401(k) with company matching

Vacation time

Tuition reimbursement

Job summary

Concentric Energy Advisors, Inc. seeks a Principal Consultant in Marlborough, MA to lead utility ROE and cost of capital engagements. You will oversee client work, perform economic analyses, and mentor junior staff. The role is hybrid with three days in the office and two remote days weekly.

The candidate should have a strong finance background, graduate coursework, and proven ability to produce 50–100 page reports and expert testimony. Excellent communication and teamwork are essential.

Qualifications

• Bachelor's degree required in finance/economics/energy or related field.
• MBA preferred; CFA a plus.

Responsibilities

• Manage multiple financial projects for utility clients across North America.
• Delegate tasks to project team members and ensure timelines.
• Draft extensive expert reports and testimony (50–100 pages).
• Prepare return on equity modeling and cost of capital analyses.
• Draft and file utility rate case materials and analyses.
• Model financial data using Excel and quantitative tools.

Skills

Quantitative analysis

Financial modeling

Excel

Writing

MS Office

Education

Bachelor's degree

MBA or CFA a plus

Tools

Bloomberg Terminal

Job description

Principal Consultant - Utility Return on Equity & Cost of Capital Specialist

Job Title: Principal Consultant - Utility Return on Equity & Cost of Capital Specialist

Job Location: Marlborough, MA headquarters

Position Type: Hybrid - 3 days in office, 2 remote days per week

2025 Salary Range: $114,000 - $161,000 plus annual incentive compensation bonus

Company Description:

Concentric Energy Advisors, Inc. ( www.ceadvisors.com ) ("Concentric") is an employee-owned leading management consulting and financial advisory firm focused on the North American energy and utility industries. Concentric specializes in financial advisory assignments; market assessment and strategy development; ratemaking and utility regulation; litigation support; and management and operations consulting. Concentric was founded in 2002 and is headquartered in Marlborough, MA with additional offices in Washington, DC and Calgary, Alberta.

We offer a highly competitive base and incentive compensation bonus package, along with a comprehensive benefits package including vacation time, 401(k) retirement plan with company matching contribution, flexible spending accounts, top notch health/dental/vision insurance programs, and tuition reimbursement, along with access to training opportunities to support professional growth objectives. In addition, we immerse our employees in a hard-working, collegial and cooperative culture with the opportunity to become a shareholder in the firm.

We are looking for a Principal Consultant- Utility Return on Equity & Cost of Capital Specialist for our Marlborough, MA headquarters.

Job Description

The Principal Consultant, Utility Return on Equity & Cost of Capital Specialist serves a critical role working with energy and utility clients on cost of capital and corporate finance matters. This person will manage various client engagements, delegate responsibilities and ensure project timelines are met and quality client deliverables are produced. This person should have graduate coursework or related experience in economics, financial theory, and corporate finance. This person should be able to run financial modeling, and perform data analysis and research, as well as mentor junior staff in these skills.

We need someone who enjoys finding solutions to challenging utility and energy problems, using innovative and creative ideas and then communicates them to our clients.

This position will be located in our Marlborough, MA headquarters. Our in-office employees work a hybrid model, with flexibility to work from home two days a week.

Duties & Responsibilities

• Manage a number of financial projects for utility clients across North America, mostly in the electric and natural gas industries.
• Delegate various tasks to project team members, including research, financial modeling and writing.
• Draft/write extensive expert reports and expert witness testimony, typically between 50-100 pages in length.
• Ensure that project deadlines are met and written deliverables for clients (whitepapers, reports, analyses, expert witness testimony, slide decks) are high-quality in all aspects.
• Provide support to management in preparing return on equity modeling and cost of capital analyses.
• Prepare utility rate case filings for clients and utility commission regulators across the country.
• Prepare financial analyses and elements of rate case filings including return on equity, cost of capital, depreciation, cost of service, and other financial measures.
• Prepare responses to data requests and interrogatories from regulators, clients, and attorneys.
• Communicate with clients regarding project timelines, progress, budgeting, and written deliverables.
• Utilize Excel and other quantitative software to model and analyze financial data.

Qualifications

• Bachelor's Degree required, ideally in Finance, Accounting, Mathematics, Economics, or Energy, or other similar disciplines.
• MBA, Master's or other advanced degree is preferable; CFA a plus.
• 3-10 years' relevant experience in the economics, financial, utility, or management consulting fields.
• Excellent writing skills – must be comfortable writing 50-100 page reports regularly.
• Strong quantitative skills, research skills, and writing abilities.
• Advanced knowledge of quantitative and financial theory.
• Advanced financial modeling experience, especially within MS Excel.
• Strong computer skills including MS Word, PowerPoint, and Outlook.
• Experience using a Bloomberg terminal to research and gather financial data is a plus.

Additional Information:

Depending on the level hired, the base salary for this role will typically fall between $114,000 to $161,000 plus an annual incentive compensation bonus. Concentric also offers opportunities to participate in equity ownership.

We are looking for employees who are collegial and collaborative, enjoy working in a team environment, and have the ability to also operate independently. We need people with strong attention to detail and organizational skills, as well as the ability to prioritize your own workload, while maintaining accuracy, consistency and confidentiality. If you enjoy problem solving and analytical thinking, and have experience in the energy/utilities world, Concentric may be the place for you.

We value diversity - in backgrounds and in experiences. Energy is a universal concern, and we need people from all backgrounds to help build the future of energy. Concentric's consulting team is welcoming to all walks of life.

From Concentric's inception, Diversity & Inclusion have always been key to our success. We are an Equal Opportunity Employer and our employees have different strengths, experiences and backgrounds, who share 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. All of our employee's points of view are key to our success, and inclusion is everyone's responsibility. We encourage applicants from all backgrounds to apply.