Regulatory Affairs Manager

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

Benefits offered by this job

Relocation assistance

Annual discretionary bonuses

401(k) matching

Job summary

Black Hills Energy is seeking a regulatory leader to manage regulatory matters for assigned state(s) and prepare filings with state commissions. You will guide policies, coordinate rate case applications, and support decision making with regulatory analyses.

You will collaborate with leadership across departments, testify before commissions, and drive timely regulatory reporting. Strong knowledge of ratemaking and financial analysis is essential for this role.

Qualifications

• Bachelor's degree in a relevant field such as Engineering, Business, Accounting, Finance or Economics or equivalent combination of education and experience.
• Minimum of five years of finance, accounting, regulatory or related field.

Responsibilities

• Lead and develop the team to understand ratemaking policies and concepts such as revenue requirements, cost allocation, cost of service, rate of return, and regulatory accounting.
• Develop policies and initiatives that support business strategies, including timely recovery of costs and return on investments.
• Manage regulatory filings for assigned jurisdictions, including rate case applications, tariff proposals and changes.
• Maintain understanding of regulatory outcomes and communicate to company personnel.
• Provide guidance to department leadership on federal and state regulatory requirements and industry issues.
• Testify before regulatory commissions and legislative bodies in support of the Company.
• Partner with operations and finance in strategic plans, budgets, forecasts, and reports.
• Build trusted relationships with regulatory stakeholders through meetings and industry engagement.
• Manage resources, tools, and schedules to meet timelines and regulatory compliance.
• Other duties as assigned.

Skills

Regulatory knowledge

Financial analysis

Ratemaking policies

Project leadership

Stakeholder engagement

MS Office

Communication skills

Team leadership

Regulatory filings

Education

Bachelor's Degree in a relevant field

Tools

FileNet

SharePoint

Teams

PeopleSoft

Utilities International

Job description

Job Specifications

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

Manage all regulatory matters for assigned state(s) or jurisdiction(s) to achieve the company's business plans and comply with regulatory requirements. Manage the preparation, presentation, and reporting of information for internal decision making and regulatory filings with the respective state commission or regulatory agency. Develop regulatory policies and initiatives supporting business strategies, including managing the development and filing of rate case applications. Lead projects, analysis and research that support regulatory reports and filings. Serve as a key regulatory business partner to state leadership and functional areas across Black Hills Energy.

Pay Range

$116,500 - $192,400/19 (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, Regulatory

Location

Grimes, IA

Relocation Assistance

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

Essential Functions

• Lead and develop the team to ensure a solid understanding of various ratemaking policies and concepts, including revenue requirements, cost allocation, cost of service, rate of return, and regulatory accounting and financial analysis.


• Develop regulatory policies and initiatives that support business strategies and goals, including timely recovery of costs and return on investments.


• Manage regulatory filings for assigned jurisdiction(s), including rate case applications, tariff proposals and changes, cost recovery riders and adjustments clauses.


• Maintain full understanding of regulatory outcomes and requirements and communicate to company personnel through written and verbal communications.


• Provide guidance and advice to department level leadership regarding federal and state regulatory requirements, legislation, rules, compliance requirements and trending industry issues.


• Testify before regulatory commissions and legislative bodies in support of the Company.


• Partner with operations and financial teams in the preparation of strategic plans, budgets, forecasts, and reports.


• Develop and maintain trusted relationships with regulatory stakeholders through meetings, conference participation and industry association engagement.


• Manage resources, tools, internal controls, and schedules to meet required timelines and maintain regulatory compliance.


• Other duties as assigned.

What Is Required

• Bachelor's Degree in a relevant field, such as Engineering, Business, Accounting, Finance or Economics or an equivalent combination of education and experience


• Minimum of (5) five years of finance, accounting, regulatory or a related field

What Is Desired

• Proficient understanding of the utility regulatory process and various ratemaking policies and concepts, including revenue requirements, cost allocation, cost of service, rate of return, and regulatory accounting and financial analysis.


• Creative problem solving.


• Ability to build and maintain project schedules.


• 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.


• 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.


• Excellent user capabilities with MS Office software (proficiency in Word, Excel, Outlook and PowerPoint). Experience working with collaborative software tools (FileNet, SharePoint, Teams, etc.) and financial software (PeopleSoft, Utilities International, etc.).

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, and competitive medical, dental and vision insurance.

Candidates must successfully pass a pre-employment drug screen and background check.

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.