Senior Rates & Regulatory Strategy Analyst

Duke Energy Corporation; Saint Petersburg (FL); Hybrid; USD 85,000 - 120,000; Full time

Job summary

Duke Energy Florida is seeking a Senior Rates & Regulatory Analyst to join the Rates and Regulatory Strategy team in St. Petersburg, FL. The role focuses on developing regulatory filings and setting retail and wholesale rates, leveraging a solid foundation in regulatory accounting and financial analysis.

Based in St. Petersburg, the position offers growth in a matrixed environment with opportunities to work with internal and external stakeholders and contribute to rate case activities and cost

Qualifications

• Bachelor’s degree required or higher in a related field.
• Minimum four years of work experience beyond degree.

Responsibilities

• Assist in cost recovery processes and prepare related worksheets, schedules, exhibits and testimony.
• Prepare regulatory filings, special studies, and analyses in support of filings and agreements.
• Support rate case activities and other regulatory initiatives to achieve cost recovery for Duke Energy Florida.
• Understand and comply with state and federal regulatory requirements related to electric rates.
• Collaborate with internal and external stakeholders; communicate regulatory and cost recovery concepts clearly.
• Prepare rate reports and statistical reports with an eye toward continuous improvement.
• Perform administrative tasks as assigned.

Skills

Analytical skills

Written & verbal communication

Detail-oriented

Data interpretation

Regulatory knowledge

Education

Bachelor’s degree in accounting, finance, business, mathematics or related field

Tools

Peoplesoft Financial System

PowerPlan Fixed Asset

SAP

Microsoft Excel

Job description

More than a career - a chance to make a difference in people's lives.

Build an exciting, rewarding career with us – help us make a difference for millions of people every day. Consider joining the Duke Energy team, where you'll find a friendly work environment, opportunities for growth and development, recognition for your work, and competitive pay and benefits.

The location for this position is 299 1st Ave N in St Petersburg, FL.

Job Summary

The Senior Rates & Regulatory Analyst will serve as a member of the Duke Energy Florida Rates and Regulatory Strategy department. This person will be involved in development of regulatory filings, including setting retail and wholesale rates for Duke Energy Florida. Familiarity with electric utility regulatory and financial structures is highly desired. The Senior Rates & Regulatory Strategy Analyst would assist other team members in rate and regulatory analysis and execution.

This position will be based in St Petersburg, FL. This position will report to a manager/director but will work in a matrixed environment for increased career growth and diversity.

Responsibilities

• Assist in cost recovery processes related to retail clauses; prepare related worksheets, schedules, exhibits and testimony; support Duke Energy Florida witnesses in various ways such as responding to discovery and audit requests.
• Prepare regulatory filings, special studies, and analyses in support of regulatory filings and agreements.
• Assist in retail rate case activities and other regulatory initiatives to accomplish appropriate cost recovery for Duke Energy Florida, including research, data gathering, preparing related worksheets, schedules, and providing support for expert witnesses.
• Understand and comply with state and federal regulatory requirements related to electric rates.
• Collaborate with internal and external stakeholders to share subject matter expertise, provide necessary information, and respond to inquiries. Assist in the communication of regulatory and cost recovery concepts to both internal and external audiences.
• Prepare various rate reports and statistical reports with an effort towards continuous improvement
• Administrative tasks as assigned

Basic/Required Qualifications

• Bachelor’s degree in accounting, finance, business, mathematics or other related degree
• In addition to bachelor’s degree, four (4) years minimum of work experience

Desired Qualifications

• Previous experience in regulatory accounting or regulatory rates
• Ability to interpret, develop, and use data-driven, complex spreadsheets in Microsoft Excel
• Demonstrated effective analytical and problem-solving skills
• Background in regulatory, rates, finance, accounting, or reporting
• Attention to detail, including identification of irregularities in data and commitment to high level of accuracy
• Proficient in Microsoft Products: Excel, Word, and PowerPoint
• Strong written and verbal communication skills
• Ability to verbally explain calculations and filings to others
• Good time management and organization skills; ability to meet deadlines and work with minimal supervision, seeking guidance from teammates; ability to effectively enlist the support of others in meeting deadlines; ability to coordinate work and deadlines between multiple departments ensuring timely completion of responsibilities.
• Ability to foster good relationships with teammates and others throughout the Company
• Ability to work within a matrixed environment
• Regulated industry work experience
• Exposure to or familiarity with the FERC Uniform System of Accounts
• Rate case support experience
• CPA or public accounting or internal auditing experience
• Strong interpersonal communication skills: ability to influence others, gain support of proposals and recommendations
• Strong analytical skills; ability to recognize trends and irregularities in complex calculations and explain variances by researching and identifying relevant, underlying causes of changes in results
• Willingness to assist the Rate department with new assignments
• Familiarity with Peoplesoft Financial System, exposure to PowerPlan Fixed Asset system, knowledge of other Duke financial systems and tools such as SAP

Working Conditions

• M - F
• Office located in St Petersburg, FL
• Extended hours may be required to meet deadlines, especially in periods of rate cases, financial audits and clause filings.
• Local travel - 5%. Occasional travel to Tallahassee, FL
• Hybrid Mobility Classification – Work will be performed from both remote and onsite locations after the onboarding period. However, hybrid employees must live within a reasonable commute to their designated Duke Energy facility, not greater than 50 miles one way. Employees are expected to report to their assigned Duke Energy facility as required and directed by their manager, on average 3 full workdays per regular workweek.
• Office environment (with opportunity to work remotely as circumstances allow – up to 2 days a week) with extensive use of a computer.

Travel Requirements

5-15%

Relocation Assistance Provided (as applicable)

No

Represented/Union Position

No

Visa Sponsored Position

No. This is not a Visa Sponsored Position. This role requires the ability to work lawfully in the U.S. without employment-based immigration sponsorship, now or in the future.

Please note that in order to be considered for this position, you must possess all of the basic/required qualifications.

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