Utility Bill Audit and Optimization Lead

Teoco; United States; On-site; USD 80,000 - 100,000; Full time

Benefits offered by this job

Medical, dental, and vision insurance

Flexible spending accounts (FSA)

Company-paid life and disability ins.

401(k) retirement plan

Employee ownership through ESOP

Paid time off (PTO)

Eligibility for incentive compensation

Job summary

Teoco is seeking a smart, self-motivated Audit professional in the United States to lead a small team focused on auditing and optimizing utility rates. You will analyze usage-sensitive charges, identify incorrect combinations, and drive cost-saving opportunities for regulated and deregulated markets.

Responsibilities include disputing charges, coordinating with field representatives, and advancing data quality improvements.

Qualifications

• Bachelor's degree required; preferred in Finance, Accounting, Economics, Math or Statistics.
• Strong understanding of utility costs structures and regulations (electric, gas, water).
• Excellent written and verbal communication skills.
• Solid organizational skills.
• Proficient in MS Office Suite.

Responsibilities

• Lead a small team to audit and optimize rates in deregulated and regulated markets.
• Analyze usage-sensitive charges to identify incorrect rates and future cost-reduction opportunities.
• Identify incorrect charge combinations billed based on client profile using inventory/source systems.
• Dispute inaccurately billed charges and coordinate disconnections when needed.
• Evaluate charges for sites in temporary status and consolidate charges where applicable.
• Log issues into a database and drive them to resolution with client and vendor action.
• Collaborate with internal programming and system teams to automate processes where possible.

Skills

Communication skills

Organizational skills

MS Office

Education

Bachelor's degree in Finance or related field

Tools

Alteryx

Python

R

SQL

Job description

TEOCO's Audit team is seeking a smart, self-motivated, and collaborative candidate. This is a great opportunity to gain or build upon experience in consulting, developing a foundation of utility invoice knowledge and learning software tools.

Responsibilities

Candidate will lead a small team of individuals that would complete the following:

• Auditing and optimization of rates (contracts/tariffs) in deregulated and regulated markets; detailed analysis of usage sensitive charges (electric, gas) to pinpoint incorrect rates or opportunities to decrease cost in the future
• Identify incorrect combinations of charges billed based on client profile; leverage inventory and source systems to identify opportunities for data quality improvement,
• Disputes of charges inaccurately billed, and/or disconnection of services no longer in use - this may involve work with field representatives of the client.
• Evaluate the status of charges associated with sites in "temporary" status.
• Investigate any flat-rated charges associated with landlord sites and look for consolidation opportunities where clients have more than one business entity at the same site; and evaluate the application of taxes and surcharges to client accounts.
• Identified issues will be logged into a database of record for vendor action and/or client action and approval.
• Team will be responsible for ensuring approved issues are worked to closure, any associated benefit to the client is captured, and, if applicable, amounts invoiced to client.
• Lead will be expected to work with internal programming and system teams to automate processes as much as possible

Skills and Qualifications

• Bachelor's Degree, preferably in Finance, Accounting, Economics, Math or Statistics.
• Solid understanding of utility costs structures and regulations (electric, gas, water).
• Excellent written and verbal communication skills.
• Solid organizational skills
• Superior software PC skills in MS Office Suite

Desirable

• 5+ years of experience working in utility audit and optimization environment.
• Prior exposure to Alteryx, Python, and/or R.
• Prior experience with software querying tools.

Compensation & Benefits

Salary Range: $80,000–$100,000 annually, with starting compensation determined based on experience, skills, education, geographic location, and alignment with our overall compensation structure.

Comprehensive Benefits (not limited to):

• Medical, dental, and vision insurance
• Flexible spending accounts (FSA)
• Company-paid life and disability insurance
• 401(k) retirement plan
• Employee ownership through our ESOP
• Paid time off (PTO)
• Eligibility for incentive compensation program