Regulatory Analyst I, II or Senior

Black Hills Energy; Rapid City (SD); On-site; USD 67,000 - 140,000; Full time

Benefits offered by this job

Annual discretionary bonuses

401(k) company match

Tuition reimbursement

Generous paid time off

Job summary

Black Hills Energy in Rapid City, SD seeks a Regulatory Analyst to support leadership on regulatory matters for assigned state jurisdictions. You will plan, research, analyze and implement regulatory strategies and prepare information for internal decision making and regulatory filings with commissions or agencies.

Responsibilities include supporting tariff changes, cost recovery riders, and regulatory initiatives while collaborating across teams.

Qualifications

• Bachelor's degree required or equivalent combination of education.
• Strong quantitative and analytical skills with attention to detail.
• Excellent oral and written communication skills.
• Ability to manage multiple tasks and deadlines in a fast-paced environment.
• Proficiency in MS Office (Word, Excel, Outlook, PowerPoint).
• Willingness to travel up to 10%.

Responsibilities

• Review, research and analyze regulatory requirements and present findings to stakeholders.
• Support regulatory initiatives to increase revenue or reduce lag.
• Interpret rates, rules, and terms of service for company personnel.
• Assist in tariff changes and tariff implementations.
• Prepare testimonies and data requests for regulatory filings.
• Support cost recovery riders and regulatory filings.
• Analyze financial and statistical data and present conclusions to management.
• Engage with commissions or regulatory agencies through filings and meetings.
• Maintain professional relationships with regulators and stakeholders.

Skills

Quantitative skills

Analytical thinking

Communication skills

MS Office (Word, Excel, Outlook, Power

Education

Bachelor's degree in Engineering, Business, Accounting, Finance, or Economics

Tools

Power BI

SharePoint

PeopleSoft

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

Directly supports leadership in all regulatory matters for assigned state(s) or jurisdiction(s) to achieve the company's business plans and comply with regulatory requirements. Plan, prepare, research, analyze and implement regulatory strategies and plans in collaboration with cross functional teams. Prepare information for internal decision making and regulatory filings with the respective commission or regulatory agency. Support accurate, timely and innovative regulatory initiatives, including but not limited to rate review filings, compliance filings, tariff proposals, financial plan support, and data analysis and studies.

Pay Range

Pay Range: 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.
Level I: $66,950 - $100,500
Level II: $79,400 - $119,100
Senior: $93,150 - $139,900

Reporting Relationship

Manager Regulatory

Location

Rapid City, South Dakota

Relocation Assistance

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

Essential Functions

• Review, research and analyze federal and state regulatory requirements and industry issues and present to appropriate stakeholders.
• Assist in the development of and support regulatory initiatives, including initiatives to increase revenue opportunities or reduce regulatory lag, that support business strategies.
• Research and communicate the proper interpretation of rates, rules, and terms and conditions of service to company personnel through written and verbal communications.
• Assist in the preparation and review of in the implementation of tariff changes and/or new tariffs.
• Assist in the preparation and review of testimony and intervenor data request responses for regulatory filings.
• Assist in the preparation, filing and support of cost recovery riders and adjustments clauses and regulatory compliance filings.
• Analyze, understand and interpret company financial and statistical data used in all studies. Present analytical conclusions (orally and in writing) to management, and other partners in an organized, concise and timely fashion.
• Assist in engagement with commissions or regulatory agencies by providing timely, accurate reports and regulatory filings, meetings, and other interactions that advocate on behalf of the company.
• Maintain professional working relationships with all employees, regulators, commission staff, business associates, consultants, customers, and other stakeholders.
• Other duties as assigned.

What Is Required

All Levels

• Bachelor's Degree in Engineering, Business, Accounting, Finance, Economics or related field of study required or equivalent combination of education is required.
• Strong quantitative and analytical skills, and the ability to perform detailed and complex analysis.
• Excellent oral and written communication skills.
• Strong organizational skills with the ability to manage multiple tasks, project schedules and priorities effectively within a fast-paced environment.
• Excellent user capabilities with MS Office software (proficiency in Word, Excel, Outlook and PowerPoint.)
• Ability to accurately perform required tasks and meet deadlines while paying close attention to detail and understanding and considering the big picture.
• Ability to demonstrate initiative and to work independently as well as with a team.
• An eagerness to learn and quickly assimilate information and concepts.
• Ability to maintain strict confidentiality of business information.
• This role will be required to travel up to 10% of the time.

Level II

• Minimum of 3 years of experience in finance, accounting, regulatory or related field required.

Senior

• Minimum of 5 years of experience in finance, accounting, regulatory or related field required.

What Is Desired

• Up to 2 years of experience in finance, accounting, regulatory, or related field 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.
• Strong interpersonal skills.
• Experience working with databases, financial and collaborative software tools (FileNet, SharePoint, Peoplesoft, Power BI, 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 dedicated to our communities. We improve life with energy as an energy partner of choice. Our diverse culture fuels unique perspectives, opening doors to new insights and possibilities. Based in Rapid City, South Dakota, we have over 3000 employees and serve 1.3 million 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. 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 Energy does 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 direct your inquiries to the Talent Team at [e-mail].