Rates Analyst

California Water Service Company; Sacramento (CA); On-site; USD 74,000 - 138,000; Full time

Job summary

California Water Service seeks a Regulatory/Financial Analyst to support the General Rate Case (GRC) by collecting data from various departments and districts, and to develop revenue requirement forecasts through complex financial models. The role involves drafting clear testimonies that explain historical spending trends and support future projections.

The ideal candidate will have a bachelor's degree, two years of regulatory/financial analyst experience, proficiency in Microsoft Office, and a

Qualifications

• Bachelor's degree in Accounting, Finance, Business, Political Science, Computer Science, Economics, Engineering or related field or equivalent experience
• Two years of regulatory/financial analyst experience in water/utilities preferred
• Proficient in Microsoft Office applications
• Valid California Driver license

Responsibilities

• Gathers information for the General Rate Case (GRC) from departments and districts
• Develops revenue requirement forecasts using complex financial models
• Drafts testimonies explaining historical spending and supporting future projections
• Prepares and edits GRC responses for Commission staff and intervenors
• Coordinates regulatory compliance filings and related work papers

Skills

Regulatory analytics

Data presentation

Communication skills

Financial analysis

Problem solving

Education

Bachelor’s degree in related field

Tools

Microsoft Office

Job description

California Water Service

Job Description:

ESSENTIAL FUNCTIONS:

• Communicates with departments and districts to gather information for the General Rate Case (GRC)

• Collaborates with districts and departments in the Company to demonstrate a need for necessary operational expenses and provides quantifiable support

• Communicates adopted policies to districts and departments to ensure implementation in the financials and operations

• Partners closely with commission staff to explain complex financial models in a clear and concise manner

• Determines what type of data is required, from what sources, and how to present it in the GRC

• Analyze data and reconciles discrepancies in data trends

• Flows data through complex financial models to develop a revenue requirement forecast for all regulated ratemaking districts

• Reviews district, department, and consultant testimony for completeness and accuracy

• Drafts clear and convincing testimonies to explain historical spending trends, as well as support future expense projections

• Prepares and edits the GRC responses for Commission staff and intervenor data requests

• Prepares offset filings including advice letters and supporting work papers for submission to commissions; analyzes results and makes recommendations

• Coordinates all regulatory compliance filings

• Participates in and supports the Company's Continuous Improvement programs and projects

• Performs work on-site in assigned office location

• Performs other similar duties as assigned

MINIMUM QUALIFICATIONS:

• Bachelor's degree in Accounting, Finance, Business, Political Science, Computer Science, Economics, Engineering or related field and/or equivalent relevant experience

• Two years of increasingly responsible experience working as a regulatory or financial analyst, preferably in the water or utility industry

• Proficient in the use of Microsoft Office applications

• Valid California Driver license

Required Knowledge, Skills, and Abilities:

• Knowledge of CPUC regulations, the rate case process, regulatory modeling, and compliance requirements is desired

• Knowledge of Company policies, procedures, and business practices is desired

• Knowledge and understanding of the water industry and how a water utility is operated and maintained is desired

• Knowledge and ability to use Microsoft Office applications to create presentations, spreadsheets, and word documents

• Knowledge of basic finance and accounting principle and procedures

• Knowledge and understanding of utility accounting and financial concepts is desired

• Ability to use appropriate discretion when dealing with confidential or proprietary information

• Ability to work effectively with all levels of employees and middle management

• Ability to communicate effectively; both verbally and in writing with agencies, consultant, contractors, customers, employees, and vendors

• Ability to use logical and creative thought processes to develop solutions according to written specifications and/or verbal instructions

• Demonstrated organizational and time management skills

• Demonstrated commitment to providing outstanding customer service

• Detail-oriented and experienced in analyzing and improving processes

• Good problem-solving and troubleshooting skills

Salary Range:

San Jose, CA $82,900 - $153,800 (DOE)

Sacramento, CA $74,600 - $138,400 (DOE)

Deadline to submit resume is Wednesday, September 30, 2026

The Equal Opportunity Policy of the Company is based upon the philosophy that all people should be treated fairly and with dignity. California Water Service, Hawaii Water Service, New Mexico Water Service, Texas Water Service, and Washington Water Servicedo not discriminate against any applicant or employee because of race, color, religion, sex, national origin, or any other protected class. The Company makes all employment decisions in a non-discriminatory manner. EOE, VET, DISABILITIES.