Senior Analyst/Analyst, Rates & Regulatory Affairs

Liberty; Austin (TX); On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

Pension program

401k with company match

Flexible working policy

Employee assistance program

Job summary

A prominent utility company in Austin, Texas, seeks a Senior Analyst/Analyst in Rates & Regulatory Affairs. The role requires complex financial analysis for regulatory filings, maintaining compliance with state and federal regulations, and developing strategies for rate recovery. Ideal candidates have a degree in Finance or related fields and proficiency in Excel. The company offers competitive benefits, including a pension program and flexible working policies.

Qualifications

• 0-3 years of experience in a highly analytical role, preferably in a regulated environment.
• Knowledge of local state commission regulations and filing requirements is a plus.
• Experience supporting regulatory filings and reporting preferred.

Responsibilities

• Prepare and implement regulatory filings for state and federal requirements.
• Analyze financial statements to monitor utility earnings and rates.
• Develop strategies to maximize rate recovery of incurred expenses.

Skills

Complex financial analysis

Attention to detail

Proficiency in Microsoft Excel

Strong business insight

Education

Degree in Accounting, Finance, Economics, Statistics, or related field

Job description

Overview

Senior Analyst/Analyst, Rates & Regulatory Affairs — The Regulatory Analyst will report to the Director, Rates and Regulatory Affairs, and will undertake complex financial and operational research and analysis for priority regulatory projects or rate issues for Liberty’s Central Region Utilities. Analysts will play a significant role in the preparation and implementation of required state and federal rate filings and various other regulatory filings. Have responsibility for specific calculations, reports, and analysis. May communicate with local regulatory authorities and other key stakeholders while ensuring that compliance requirements are met. This role will also provide decision support for various financial statement items, and monitor utility earnings or rates of return, to determine whether rate increases or decreases are necessary.

Responsibilities

• Review and utilize the accounting records, operational data and financial records of the utility to complete various regulatory filings
• Work closely with Rates and Regulatory team members on various filings which include the preparation of supporting financial schedules and all supporting documentation. Plan and advise on the preparation and recording of rate case adjustments in conjunction with the Accounting and Budget department.
• Participate and prepare written regulatory filing activities such as providing support to expert witnesses and drafting testimony
• Respond to data requests/requests for information from the various utility commissions along with requests from other stakeholders as designated
• Maintain an ongoing data base of compliance requirements. Review final commission decisions to identify new and ongoing compliance requirements which are being imposed on the regulated entity
• Prepare compliance filings to ensure accuracy and timeliness with filing deadlines as required
• Establishes and maintains productive relationships with regulatory authorities
• Develop strategy to maximize rate recovery of prudently incurred capital and operating expenses; conduct analysis to advise company management on emerging regulations and developments in the industry
• Review and interpret new and pending local laws and regulations, which potentially affect the organization's business practices, and coordinate the development or revision of policies, procedures, contracts, and agreements to ensure compliance
• Monitor industry information regarding federal, state and applicable laws and regulations as they relate to filing requirements for regulated utilities. Update key management on regulatory changes, developments, and implications of new requirements on functional areas

Education and Experience

• This Regulatory Analyst position is ideal for a detail- and goal-oriented individual with several years of professional experience in a role that requires complex financial analysis in a fast-paced environment. These analysis skills may come from backgrounds such as financial planning and analysis, accounting, audit, financial planning, economics, and business data analytics. The Analyst must be comfortable interacting with third parties such as lawyers, consultants, and regulatory staff in multiple states, and peers in the industry.

Level I

• Degree in Accounting, Audit, Finance, Economics, Statistics, Data Analytics or related field; 0-3 years in a highly analytical role, preferably in a regulated environment
• Experience supporting regulatory filings and reporting preferred
• Detail-oriented and proficient in Microsoft Office, particularly MS Excel. Strong business insight with proven ability to develop strategic solutions to sophisticated problems
• Ability to work under time constraints with firm deadlines
• Demonstration of being a standout colleague who can think creatively. Some travel will be required

Level II

• Degree in Accounting, Audit, Finance, Economics, Statistics, Data Analytics or related field; 3-5 years in a highly analytical role, preferably in a regulated environment
• Knowledge of local state commission regulations and filing requirements
• Detail-oriented and highly proficient in Microsoft Office, particularly MS Excel. Strong business insight with proven ability to develop strategic solutions to sophisticated problems
• Ability to work under time constraints with firm deadlines
• Demonstration of being a standout colleague who can think creatively. Some travel will be required

Level III

• Degree in Accounting, Audit, Finance, Economics, Statistics, Data Analytics or related field; 5+ years in a highly analytical role, preferably in a regulated environment
• Skilled knowledge and understanding of the regulatory environment
• Knowledge of local state commission regulations and filing requirements
• Ability to analyze, interpret and report complex information
• Ability to learn new processes and create procedures to implement the process
• Detail-oriented and highly proficient in Microsoft Office, particularly MS Excel. Strong business insight with proven ability to develop strategic solutions to sophisticated problems
• Ability to work under time constraints with firm deadlines
• Demonstrates a high level of initiative. Astute in carrying out assignments without direction
• Dynamic team player that also works well independently
• Demonstration of being a standout colleague who can think creatively. Some travel will be required

Company and Benefits

Algonquin Power & Utilities Corp. is a growing renewable energy and utility company with over $15 billion of assets. The company offers a pension program, 401k with company match, full insurance benefits, flexible working policy, share purchase/match plan, defined contribution plan, top talent program, volunteer paid days off, employee assistance program, and an achievement fund. Liberty is part of this organization and operates in North America with a focus on sustaining energy and water for life.

Equal Opportunity

We are an equal opportunity employer and value diversity. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status. We are committed to a safe, healthy, and respectful environment and to fully utilizing the abilities of all employees.