Regulatory Affairs Manager

Black Hills Energy; Grimes (IA); On-site; USD 117,000 - 192,000; Full time

Benefits offered by this job

Annual discretionary bonuses

401(k) matching program

Tuition reimbursement

Paid time off

Life insurance

Well-being benefits

Job summary

Black Hills Energy in Grimes, IA, seeks a senior finance and regulatory leader to manage regulatory and financial processes for assigned jurisdictions, including rate case filings, forecasting, and strategic planning.

You will lead budgeting and variance analyses, develop regulatory policies, testify before commissions, and partner with operations and leadership to align financial results with business strategy. Relocation assistance available; reports to the Director of Regulatory.

Qualifications

• Bachelor's Degree in relevant field (Engineering, Business, Accounting, Finance or Economics) or equivalent experience.
• 5+ years in finance, accounting, regulatory or related field.

Responsibilities

• Lead regulatory and financial processes for assigned jurisdictions.
• Develop regulatory policies and rate case filings for business strategies.
• Forecast, budget, and perform variance analyses; supervise regulatory filings and financial reporting.

Skills

Regulatory finance

Forecasting

Variance analysis

Regulatory filings

Leadership

Stakeholder communication

Education

Bachelor's Degree in relevant field

Job description

Location: Grimes, IA, United States
Job ID: 36503
Date Posted: Oct 2, 2026
Position will close at 12:00am CT on Oct 17, 2026
Salary: $ 116500 to $ 192400 Annually

Black Hills Energy is people powered and purpose driven. Our team uses the power of energy to improve life for over one million customers in 800+ communities across the West and Midwest. We seek talented, caring people who embody our core values and contribute to a culture of inclusion and growth. As an organization, we believe the best part of working on our team is our commitment to making tomorrow better than today—for our customers, communities and each other.

Position Summary:

Lead all aspects of the regulatory and financial process for assigned jurisdictions. Handle the development of regulatory policies and initiatives supporting business strategies, including the development and filing of rate case applications. Lead the preparation, presentation, and reporting of information for internal decision-making and filings with the appropriate Commissions. Serve as a key financial and regulatory business partner to state leadership and functional areas across Black Hills Energy. Lead the development, analysis, and interpretation of financial forecasts, including budgets and strategic plans. Direct variance analyses against budget and prior years.

Pay Range:

$116,500 - $192,400 (This posting includes the full pay range for this position. Pay is based on a number of factors and may vary depending on job-related knowledge, skills, experience, and internal equity.)

Reporting Relationship:

Director of Regulatory

Location:

Grimes, Iowa

Relocation Assistance:

Relocation assistance is available based on individual circumstances! Details to be shared during the offer process.

Essential Functions:

• Develop and maintain financial plan which can be used as a basis for variance analysis against actuals.
• Evaluate accuracy of forecast vs. actual results and refine process to point that it serves as an instrument of financial control in the close process and guides support business decisions.
• Drive continuous improvement of financial analysis, reporting, forecasting, budgeting, and planning; Supervise regulatory filings to ensure accurate and timely completion.
• Lead and develop ability to analyze data and interpret underlying business drivers of monthly operating results.
• Perform due diligence procedures primarily related to accounting and financial reporting systems; provide information and support SEC and Regulatory filings.
• Establish and maintain effective internal controls; Support efforts to respond to customer service issues to the commissions.
• Exercise management authority concerning staffing, development, performance appraisals, promotions, salary recommendations and terminations in accordance with the company policies and laws.
• Manage, create and implement regulatory filings for assigned jurisdiction(s), including rate case applications; Lead development and regulatory policies and initiatives that support the Company.
• Maintain full understanding of regulatory outcomes and requirements; Monitor, review and analyze federal and state regulatory requirements and industry issues for gas operations and keep department leadership and operations apprised of findings.
• Testify before regulatory commissions as an expert in support of filings; partner with operations to strategize, prepare, and analyze strategic plan, budget, forecasts, and reports.
• Research and communicate interpretation of legislation, rates, rules, and terms and conditions of service; analyze impacts of proposed legislation and regulations that impact the Company.

What Is Required:

• Bachelor's Degree relevant field, such as Engineering, Business, Accounting, Finance or Economics or equivalent combination of education and experience
• 5 or more years Finance, accounting, regulatory or a related field

What Is Desired:

• Understanding of utility operations and regulatory/ratemaking processes and their accuracy within forecasts; Knowledge of accounting and financial concepts including internal controls.
• Strong problem solving and analytical skills, with in-depth knowledge of financial statements and how they drive business.
• Understanding of utility regulatory process and rate analysis for gas and electric utility service as well as the impact of regulatory outcomes to business success including the rate making model.
• Ability to develop and maintain project schedules. In-depth knowledge of return on investment calculations and cost of capital calculations.
• Knowledge of basic negotiations, advocacy and conflict management; Strong quantitative and analytical skills, and the ability to perform detailed analysis.
• Outstanding interpersonal, verbal, written, and presentation skills; Ability to work in a team environment, with minimal direction.
• Strong enterprise leadership skills, as this position requires the individual to delegate, supervise, and review assignments, as well as mentor staff to higher levels of performance.
• Ability to build consensus and effectively engage with and influence internal and external decision-makers.
• Ability to understand and exercise excellent judgment in complex interrelated business issues.

This description is not intended to be an all-inclusive list of responsibilities, duties, and requirements for employees in this position.Job descriptions may and do change periodically. Where positions are covered by a collective bargaining unit agreement, the terms and conditions of the agreement will apply.

About our Company:

We are a customer, growth and safety focused utility company that is dedicatedto our communities. We improve life with energy as an energy partner of choice.Our diverse culture fuelsunique perspectives, opening doors to new insightsand possibilities. Based in Rapid City, South Dakota, we have over 3000 employees and serve 1.3million natural gas and electric utility customers across eight states (South Dakota, Montana, Wyoming, Colorado, Nebraska, Iowa, Kansas, and Arkansas).

Enjoy our Comprehensive Benefits Package!

• Annual discretionary bonuses
• 401(k) (6% company match and up to 9% company retirement contribution)
• tuition reimbursement
• generous paid time off benefits, including paid holidays and parental leave
• company paid life insurance and disability benefits (short and long term)
• critical illness
• accident & group hospital insurance
• pet insurance
• an employee assistance program and well-being benefits
• competitive medical, dental and vision insurance

Candidates must successfully pass a pre-employment drug screen and background check. If there is anything that may show up in these reports that may conflict with the position requirements, feel free to contact the Black Hills Energy recruiting team at [e-mail] .

Black Hills Energydoes not sponsor applicants for work visas. All applicants must be legally authorized to work in the US.

We are an equal opportunity employer.All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age,or status as a protected veteran. If you require reasonable accommodation, please visit careers.blackhillsenergy.com for more information.

REQUESTING AN ACCOMMODATION

If you require reasonable accommodation to apply for a job or for any step in the employee selection process, please direct your inquiries to the Talent Team at [e-mail] .

EQUAL OPPORTUNITY EMPLOYER

Black Hills Corporation is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, or status as a protected veteran. Read a statement from our CEO about our commitment. Read our Affiantive Action and Equal Employment Opportunity policy.