Director of Rates, Cost of Service& Financial Analysis

TECO

$120K — $150K *
Tampa, FL 33647In-Person
Energy & Utilities
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Legal, Finance, Economics, Engineering, Business or related field.
  • 10 years of regulatory experience in utility finance and ratemaking practices.
  • 4 years of leadership experience.
  • Proficiency in Microsoft Excel, Word, PowerPoint and other software.

Responsibilities

  • Direct the preparation and filing of natural gas distribution rate designs and analyses.
  • Lead the annual load and revenue forecast for residential and small commercial base revenue.
  • Provide leadership in meetings; develop strategies and present regulatory updates to management.
  • Oversee pricing and regulatory activities related to Conservation Clause and other rider pursuits.
  • Engage with legislative initiatives affecting the business, including drafting and editing legislation.
  • Direct the preparation of cost-of-service studies for regulatory proceedings.
  • Provide regulatory strategy and pricing analysis to business groups within the company.

Benefits

  • Performance Bonus to recognize hard work.
  • Comprehensive Health Coverage including medical, dental, and vision.
  • 401k Retirement Savings Plan with company matching and a Pension plan.
  • Employee Common Share Purchase Plan for shared success.
  • Paid Time Off (PTO) and paid company holidays, along with wellness resources and paid Parental Leave.
  • Tuition reimbursement and training opportunities for career growth.
Full Job Description
Title: Director of Rates, Cost of Service& Financial Analysis
Company: Peoples Gas System
State and City: Florida - Tampa
Shift: 8 Hr. X 5 Days

HOW YOU'LL HELP DRIVE THE FUTURE OF NATURAL GAS?

The Director Rates, Cost of Service & Financial Analysis will direct company activities in the pricing of gas distribution rates, cost of service studies, regulatory financial analysis, and general regulatory issues management. Direct the rate design and pricing for a wide variety of natural gas matters including base rates, various natural gas service tariff rates, and the development of special contracts for natural gas distribution service. Direct the preparation of natural gas cost of service studies and other cost support analyses. Participate in the formulation of regulatory policies, coordination of FERC and FPSC matters, development and maintenance of allocation factors used in business unit analysis and reporting. Assist in performing technical and compliance reviews of company regulatory and financial filings. Participate in formulating federal and state review of pending legislation and development of company positions regarding such legislation related to regulatory matters. Provides expert testimony on pricing and cost of service analyses for natural gas distribution and other natural gas service tariffs.

WHAT YOU NEED TO SUCCEED?
  • Bachelor's degree in Accounting, Legal, Finance, Economics, Engineering, Business or related field from an accredited institution.
  • 10 years of regulatory experience and/or general experience in industry structure, history, utility finance and accounting practices, ratemaking practices, legal and regulatory processes.
  • 4 years of leadership experience.
  • Must be proficient in Excel, Word, Power Point and other PC based software.


PRIMARY DUTIES & RESPONSIBILITIES
  • Direct the preparation, development, and filing of natural gas distribution rate designs/approaches/forecasts, contract rates, development of rules by FERC and FPSC and special rate analyses and provide expert testimony for the same before the FPSC.
  • Lead the development of the annual load and revenue forecast associated with residential and small commercial base revenue and all clause and rider filings. Oversee the preparation of monthly forecast to actual revenue performance for residential and small commercial base rate and rider/clause customers.
  • Provide a leadership role in company meetings, assist with developing strategies, review analyses, and provide regulatory perspectives. Provide updates, expert presentations and advice to company officers, company management and externally on current regulatory issues.
  • Assist with the pricing and cost to serve regulatory activities associated with the Conservation Clause, Cast/Iron Bare Steel Rider and the Purchase Gas Adjustment Clause, including related planning activities. Lead the financial analysis, cost of service and rate design associated with any new rider or clause pursuits in front of the FPSC.
  • Participate in activities regarding state and federal legislative initiatives that affect the business, including review, analysis, drafting and editing of existing and proposed legislation.
  • Direct the preparation of cost-of-service studies for FPSC proceedings and provide expert testimony for the same before the FPSC.
  • Provide regulatory strategy and pricing analysis regarding business issues that are governed by the FPSC, and issues that arise at those regulatory bodies that may affect business matters. Provide such analysis and expertise to the business groups within PGS and other Emera companies as needed.


WHAT WILL GIVE YOU A COMPETITIVE EDGE?
  • MBA or other graduate degree in a related field from an accredited institution.
  • Experience performing and/or leading cost-of-service studies and designing rates.


WHO WILL BE A PART OF YOUR TEAM?

Supervision:
  • Mgr Regulatory Rates and Engineers. Provides leadership and direction across the department and company through various project teams.

Relationships
  • Interact with all levels of employees on business/regulatory matters.
  • Consult with FPSC staff, staff of other utilities throughout the country, intervenors, trade association staff (e.g., EEI), outside legal counsel and outside consultants.


HOW YOU'LL CONTRIBUTE?
  • Builds Strong, Collaborative Relationships
  • Cultivates Innovation and Embraces Change
  • Drives Operational Excellence for Customers
  • Speaks Up on Safety, Health, and the Environment
  • Takes Ownership & Acts with Integrity
  • Thinks Strategically & Exercises Sound Judgment


WHY YOU'LL LOVE WORKING WITH US?

We proudly offer a competitive total rewards package and other perks to help keep you thriving:
  • Performance Bonus: Earn an annual incentive bonus that recognizes your hard work.
  • Comprehensive Health Coverage: Enjoy medical, prescription drug, dental, and vision insurance.
  • Retirement Planning: Secure your future with a 401k Retirement Savings Plan and a comprehensive Pension plan.
  • Ownership Opportunities: Participate in Emera's Employee Common Share Purchase Plan and share in our success.
  • Time to Recharge: Enjoy Paid Time Off (PTO), paid company holidays, comprehensive mental, financial and physical wellness resources, and paid Parental Leave
  • Growth and Development: Take advantage of tuition reimbursement and other training and development opportunities to enhance your skills and career.
  • And much more!


Whether you're launching your career or looking to advance it, Peoples Gas is the perfect place for you, offering exciting opportunities for a long-term career with a dynamic, growing company.

EMERGENCY RESPONSE REQUIREMENTS

TECO Energy and its companies serve a role in providing critical services to our community during an emergency. Team members are required to participate in the response/recovery activities related to emergencies/disasters to maintain service to our TECO Energy customers. Team members are required to work in their normal job duties or other assigned activities. Proper compensation will be made in accordance with the company's rules and procedures.

TECO offers a competitive Benefits package!!

Competitive Salary *401k Savings plan w/ company matching * Pension plan * Paid time off* Paid Holiday time * Medical, Prescription Drug, & Dental Coverage *Tuition Assistance Program * Employee Assistance Program * Wellness Programs * On-site Fitness Centers * Bonus Plan and more!

STORM DUTY REQUIREMENTS....Please make sure to read below!!! Responding to storms will be considered a condition of employment.

TECO Energy and its companies serve a role in providing critical services to our community during an emergency. Team members are required to participate in the response/recovery activities related to emergencies/disasters to maintain service to our TECO Energy customers. Team members are required to work in their normal job duties or other assigned activities. Proper compensation will be made in accordance with the company's rules and procedures.

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