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

Discretionary bonuses

401(k) match

Tuition reimbursement

Paid time off

Life insurance

Well-being benefits

Health, dental, vision

Job summary

Black Hills Energy in Rapid City, SD, seeks a regulatory professional to support leadership on regulatory matters for assigned state(s). Plan, prepare, research and implement regulatory strategies with cross-functional teams to meet business plans and regulatory requirements.

Responsibilities include rate review filings, tariff proposals, data analysis and testimony preparation. Travel up to 10% is expected, relocation assistance is available, and a robust benefits package is offered.

Qualifications

• Bachelor's degree in engineering, business, accounting, finance, economics or related field or equivalent.
• Must hold a valid driver's license and be insurable.
• Travel up to 10% of the time.
• Level II requires minimum 3 years in accounting, finance, regulatory or related field.
• Senior requires minimum 5 years in accounting, finance, regulatory or related field.

Responsibilities

• Monitor, review, research federal and state regulatory requirements and issues and present to stakeholders.
• Support regulatory initiatives to increase revenue or reduce regulatory lag aligned with business strategies.
• Interpret rates, rules, and terms of service for company personnel via written and verbal communications.
• Prepare and review tariffs and tariff changes.
• Assist in testimony and data request responses for regulatory filings.
• Assist in cost recovery riders and regulatory filings.
• Analyze financial and statistical data and present conclusions to management.
• Engage with commissions or regulators through reports, filings, and meetings.
• Maintain professional relationships with regulators, staff, customers and stakeholders.

Skills

Regulatory knowledge

Analytical skills

Interpersonal skills

Communication skills

Organizational skills

Education

Bachelor's degree in Engineering or related field

Tools

MS Office

FileNet

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.

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: T

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; Cheyenne, Wyoming or Denver, Colorado

Relocation Assistance

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

Essential Functions

• Monitor, 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.
• This position requires driving responsibilities. You must hold and maintain a valid driver’s license and a driving record that meets company and insurer standards.
• This role will be required to travel up to 10% of the time.

Level II

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

Senior

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

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.
• Strong quantitative and analytical skills, and the ability to perform detailed and complex analysis.
• Strong interpersonal skills.
• 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.) Experience working with database, financial and collaborative software tools (FileNet, Sharepoint, Peoplesoft, Utilities International, etc.)
• 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.

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].