Eversource will not offer immigration-related sponsorship for this position (e.g., H-1B, O-1, J-1, TN, E-3, etc.). Applicants requiring visa sponsorship to start employment with Eversource will not be considered.
Job Description:
The role of an associate regulatory financial analyst is a non-traditional accounting/finance role where you will be working cross functionally to support regulatory filings submitted to the New Hampshire Public Utilities Commission ("NH PUC"), or the state regulator for the state of New Hampshire. As a regulatory financial analyst, you will be responsible for reconciling revenues and expenses used in various cost tracking mechanisms. You will prepare schedules to be included in distribution regulatory filings for the Eversource electric operating company of New Hampshire. You will play a key role in driving regulatory strategy, supporting information requests and questions received from the state utility commissions, consumer advocates and other stakeholders, while supporting the expert witnesses testifying to each filing.
The role is a hybrid role based in Berlin-CT for three days a week and remotely for two days a week. The ideal candidate would be required to travel to Manchester-NH as needed.
Essential Functions: - Responsible for compiling financial and accounting information related to revenue filings submitted with the state regulator.
- Supports the testimony of the expert witness (representing the Company) before the state regulator on topics covering a multitude of regulatory issues, such as reconciling filings (or cost trackers) related to:
- Distribution rate cases
- Basic/Default Energy Service and Generation Transition Charges
- Storm Costs
- Communicates complex issues and results of financial analysis in terms that are accessible for relevant internal and external stakeholders (management, external counsel, state regulator, consumer advocate etc.).
- Prepares and owns work papers in support of company filings and information requests received from various internal and external stakeholders.
- Docket management of regulatory proceedings to ensure deadlines are known and met
- Contributes to streamlining or improving existing procedures and eliminating or replacing outdated processes.
- Identifies and raises to manager any potential regulatory risks, impediments, and communicates progress against goals.
- Maintains knowledge of current industry trends and industry-related legislation pertinent to the business area
- Ability to work in an operating environment that requires both the understanding and the appropriate application of generallyaccepted accounting and economic principles and ratemaking/regulatory principles.
Technical Knowledge/Skill/Education/Licenses/Certifications:Technical Knowledge/Skill:
Knowledge:
- Strong knowledge of basic accounting theory
- Strong knowledge of accounting practices and procedures
Other Preferred Knowledge:
- Understanding of deferred accounting principles for all of the trackers
- Understanding of the concepts related to rate base and operating income as they pertain to the Companies' ROE
- Accounting research techniques
Skills:
- Ability to work in an operating environment that requires both the understanding and the appropriate application of generally accepted accounting and economic principles
- Ability to understand and interpret complex documents
- Strong problem solving skills
- Ability to analyze data and information and extract relevant factors
- Strong spoken and written communication skills
- Functional understanding of computerized business systems
- Demonstrated skill with MS Office Applications
- Ability to multi-task and shift among multiple priorities simultaneously
- Emerging business acumen
- Strong team membership skills
- Ability to be flexible and adapt to new situations
- Ability and willingness to work with a sense of urgency
- Initiative and personal ownership
- Strong customer service orientation
- Possesses a high degree of personal ownership and accountability
Education:
- A Bachelor's degree in Accounting, Finance, Economics or closely-related discipline required.
Experience:
- Zero (0) to three (3) years related experience required. Experience in the application of revenue requirements theory as well as the applicable regulations pertaining to Eversource (PSNH) tracking mechanisms preferred.
Licenses & Certifications:
Working Conditions:- Must be available to work emergency restoration assignment as required.
- Must be available to travel between MA/CT/NH as necessary.
Mental Aspects:
Competencies:Build trusting relationships
Manage and develop people
Foster teamwork and cross-functional collaboration
Lead change
Communicate strategic vision
Create an engaged workforce
Focus on the customer
Take ownership & accountability
Compensation and Benefits: Eversource offers a competitive total rewards program. Check out our careers site for an overview of our benefits programs. Salary is commensurate with your experience. This position is eligible for a potential incentive. The annual salary range for this position is:
$75,880.00-$84,310.00
Worker Type:Regular
Number of Openings:1
Emergency Response:Responding to emergency situations to meet customers' needs is part of every employee's role. If employed, you will be given an Emergency Restoration assignment. This means you may be called to assist during an emergency outside of your normal responsibilities, work hours and location.
