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Senior Analyst, Pricing and Revenue Requirement

National Grid plc

Newton (MA)

Hybrid

USD 95,000 - 112,000

Full time

6 days ago
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Job summary

A leading company in the energy sector is seeking a Senior Analyst for their Revenue Requirements Department in Waltham, MA. This hybrid position involves supporting revenue analysis and regulatory compliance, demanding strong analytical skills and extensive experience in utility rates. The role offers competitive salary and a clear path for career advancement, emphasizing the importance of effective communication and technical expertise.

Qualifications

  • 3-5+ years of related experience in utility rates, gas or electric supply, finance, or accounting.
  • Experience preferred with financial tools like SAP and Excel.

Responsibilities

  • Provide support in preparing electric and gas distribution revenue requirements.
  • Prepare utility rate case filings and conduct financial analyses.
  • Analyze data for regulatory compliance and prepare quality control for filings.

Skills

Financial analysis
Data interpretation
Regulatory compliance
Quality control
Communication
Research

Education

Bachelor’s degree in accounting, economics, finance, or related field
Advanced degree

Tools

SAP
Access
Excel
PowerPlan
BI/HANA Reports
Word

Job description

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Senior Analyst, Pricing and Revenue Requirement

Location:

Waltham, MA, US, 02451

Division: Revenue Requirements

Job Type: Full Time

Requisition Number: 67150

Department:

Job Function: Legal, Regulatory and Compliance

Superpowered. Meaningful work. Human impact. A story we're proud to tell. This is what matters to us at National Grid. In a world of complexity and unanswered questions, there is one thing we're certain about: the power of our people. Join us in our goal to deliver 100% fossil-free heat to our customers by 2050!

National Grid is hiring a Senior Analyst for our Revenue Requirements Department in Waltham, MA.

This is a Hybrid role, 2 to 3 days in office.

Job Purpose

To provide support to management in preparing revenue requirements analysis as well as supportingpricing activities.

Key Accountabilities
  • Provide support to management in preparing electric and gas distribution revenue requirements, analysis related tasks.
  • Prepare utility rate case filings and cost recovery reconciliation filings to regulators in Massachusetts involving certain capital investments, operating costs, and retirement plan costs.
  • Develop and enhance new revenue requirements models for rate filings.
  • Prepare financial analysis and elements of rate case filings including rate base,depreciation expense, property tax expense, insurance expense, pension and other retiree expense, Integrated Facilities Agreement, and Energy Efficiency.
  • Analyze and interpret data in accounting and financial reports in support of testimony of Company’s expert witness in various regulatory proceedings.
  • Prepare responses to information and data requests from regulators. Prepare periodic regulatory earnings calculations, regulatory compliance reports, and any other reporting or ad hoc analysis as required.
  • Interact with regulators and Company management and keep abreast with the latest regulatory requirements and developments in rate making principles and procedures.
  • Implement various elements of Performance Excellence program to enhance efficiency and productivity of the Revenue Requirements Department. Perform research on technical accounting matters relevant to cost recovery filings and other utility filings.
  • Maintain quality control for filings and responses.
  • Ability to work with SAP, Access, Excel, PowerPlan, BI/HANA Reports and Word.
Qualifications
  • Bachelor’s degree in accounting, economics, finance, or related field - required
  • An advanced degree is preferable
  • 3-5+ years of related experience in utility rates, gas or electric supply, forecasting, finance,or accounting
  • Experience preferred with SAP, Access, Excel, PowerPlan, BI/HANA Reports and Word.
More Information

#LI-JF1
#LI-HYBRID

Salary
$95,000 - $112,000 a year
Salary commensurate with location and experience

This position has a career path which provides for advancement opportunities within and across bands as you develop and evolve in the position; gaining experience, expertise and acquiring and applying technical skills. Candidates will be assessed and provided offers against the minimum qualifications of this role and their individual experience.

National Grid utilizes an assessment that evaluates the job qualifications/characteristics using AI or statistically based scoring. For more information, please view NYC Local Law 144 .

National Grid is an equal opportunity employer that values a broad diversity of talent, knowledge, experience and expertise. We foster a culture of inclusion that drives employee engagement to deliver superior performance to the communities we serve. National Grid is proud to be an affirmative action employer. We encourage minorities, women, individuals with disabilities and protected veterans to join the National Grid team.


Nearest Major Market: Waltham
Nearest Secondary Market: Boston

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