Reg Accounting Spec

NV Energy

Reno (NV)

On-site

USD 102,000 - 128,000

Full time

14 days+

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Job summary

NV Energy is seeking a Reg Accounting Specialist to review earned rate of return and revenue requirement calculations for state and FERC filings. You will ensure timely regulatory statements, analyses, and testimony in line with directives while participating in interdepartmental projects and supporting internal controls.

The role requires a bachelor’s degree in a related field and several years of experience in regulatory accounting, pricing, and financial analysis, with strong communication

Qualifications

Bachelor’s degree in accounting, business, economics, engineering, finance or related field and 6 years of related experience.

Responsibilities

Reviews the regulatory earned rate of return, earnings sharing calculations and revenue requirement calculations in compliance with regulations and Commission directives for state and FERC jurisdictional filings.
Delivers communication to all levels of management, pertaining to regulatory filings and regulatory environment.
Develops recommendations for appropriate strategies and objectives of rate case filings.
Serves as a witness on revenue requirement matters before the PUCN.
Deferred Energy Rates: Ensures fuel and purchased power recovery through review of timely and accurate monthly entries, reporting, analyses, testimony and required quarterly and annual filings.
Reviews and provides feedback to the financial planning team on the deferred energy rates included in the forecast and ten-year plan.

Skills

Analytical

Problem solving

Planning

Time management

Communication

Presentation

Organization

Project management

Interpersonal skills

Education

Bachelor’s degree in accounting, business, economics, engineering, finance or related field

10 years of related work experience (no degree)

Tools

PCs, word processing, spreadsheet and database software

Job description

NV Energy

Position Title: Reg Accounting Spec

Job ID: 10005674

Location: Reno, NV, United States

Description:

Job Description

Basic Purpose

Reviews the regulatory earned rate of return, earnings sharing calculations and revenue requirement calculations in compliance with regulations and Commission directives for state and FERC jurisdictional filings. Reviews the fuel and purchased power recovery mechanisms and required filings as well as the completion of various state and FERC reporting requirements. Ensures accurate and timely preparation of regulatory statements, adjustments, analyses and supporting testimony in compliance with all regulatory regulations and requirements. Applies experience and principles, theories and concepts to resolve moderately complex pricing, financial, economic, regulatory or legislative issues. Contributes to pricing and regulatory decisions that impact Company policy and revenues. Works independently with guidance in only the most complex situations and performs work on special projects and/or multidisciplinary and interdepartmental projects. Provides work direction and technical assistance to less experienced team members.

Responsibilities

Essential Duties and Responsibilities

General Rate Reviews: Reviews the preparation of the earned rate of return and revenue requirements calculations in support of state and FERC general rate case filings including statements reflecting normalizations, cash working capital lead/lag studies, testimony and management analyses.

Delivers communication to all levels of management, pertaining to regulatory filings and regulatory environment.

Develops recommendations for appropriate strategies and objectives of rate case filings.

Serves as a witness on revenue requirement matters before the PUCN.

Deferred Energy Rates: Ensures fuel and purchased power recovery through review of timely and accurate monthly entries, reporting, analyses, testimony and required quarterly and annual filings. May serve as a witness in the deferred energy cases if required.

Reviews and provides feedback to the financial planning team on the deferred energy rates included in the forecast and ten-year plan.

Regulatory Return: Ensures the timely and accurate preparation and review of the earned rate of return and earnings sharing calculations in support of required quarterly and annual filings.

Reviews and provides feedback to the financial planning team on the regulatory return and earnings sharing included in the forecast and ten-year plan.

Other: Reviews the preparation of various PUCN and FERC required analyses and filings.

Identifies and performs SOX sections 302 and 404 compliance initiatives to maintain and keep current all documentation of internal controls over financial reporting with no significant deficiencies or material weaknesses. Supports activities relating to internal and external audits.

Ensures all compliance aspects of position are known and followed; understands and complies with all policies, codes and regulations applicable to position and company.

Performs related duties as assigned.

Qualifications

Essential Education, Skills, and Environment

Education and Work Experience

Bachelor’s degree from an accredited school in accounting, business, economics, engineering, finance or related field and 6 years of related experience.

Candidates that do not possess a bachelor’s degree must have a minimum of 10 years of related work experience.

Specialized Knowledge and Skills

Demonstrated knowledge of:

Utility, regulatory theory and quantitative modeling.

Managing interdepartmental projects in regulatory proceedings.

Skills such as:

Analytical, problem solving, planning, time management, verbal and written communication, decision making, presentation, organization, project management, and interpersonal.

Utilization of various modeling, analytical, accounting, monitoring, or reporting software.

Prioritize and handle multiple issues and projects concurrently.

Develops and maintains relationships with internal and external customers.

Equipment and Applications

PCs, word processing, spreadsheet and database software.

Work Environment and Physical Demands

General office environment. No special physical demands required.

Note: Depending on qualifications of applicants, this position may be filled at a lower level.

Note: Immigration Sponsorship

At this time, we're not considering applicants that need any type of immigration sponsorship (additional work authorization or permanent work authorization) now or in the future to work in the United States. This includes, but is NOT LIMITED TO: F1-OPT, F1-CPT, H-1B, TN, L-1, J-1, etc. For more information regarding work visas, please visit www.uscis.gov.

About the Team

NV Energy is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or religious creed, age, national origin, ancestry, citizenship status (except as required by law), gender (including gender identity and expression), sex (including pregnancy), sexual orientation, genetic information, physical or mental disability, veteran or military status, familial or parental status, marital status or any other category protected by applicable local, state or U.S. federal law. Employees must be able to perform the essential functions of the position, with or without an accommodation.

Job Info