PPL Corporation

Mgr-Rates & Rev Requirements

PPL Corporation$100K — $130K *
Energy & Utilities
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Accounting, economics, or related field.
  • 7+ years in ratemaking, financial, accounting, or business planning, with 4+ years at a regulated energy company.
  • Proficient in financial modeling and financial statements analysis.
  • Understanding of financial drivers in regulated electric/gas companies.
  • Strong interpersonal skills for collaboration with regulators and stakeholders.
  • Experience as an expert witness or supporting expert witnesses.
  • Proven leadership abilities in leading teams and fostering collaboration.

Responsibilities

  • Oversee development and execution of electric rate cases and financial filings.
  • Conduct rate-related analysis, ensuring compliance with state and federal regulations.
  • Ensure quality assurance for regulatory analyses and forecasts.
  • Provide expert testimony in regulatory proceedings.
  • Build relationships with regulatory commissions and internal/external auditors.
  • Monitor legislative initiatives affecting the electric utility industry for continuous improvement.
  • Supervise team members, including performance evaluations and career development.

Benefits

  • Career development plans and training opportunities.
  • Annual performance evaluations with constructive feedback.
  • Supportive team environment fostering professional growth.
  • Exposure to senior leadership and high-level decision-making processes.
Full Job Description
Overview

The purpose of the position is to lead the Rates and Revenue Requirements team as it relates to the development of programs, strategies, and analyses that ensure rate compliance, and rate case success for PPL Electric's regulated electric business. This position is also responsible for the development and execution of rate-related revenue analysis and reporting, including auditing controls and requirements, rate compliance, rate cases, and ad-hoc analysis to optimize business planning. The Manager-Rates & Revenue Requirements provides formal supervision to the team members including coaching, counseling, personal development and technical support. In addition to the administrative duties of managing a work group, the Manager also completes individual technical, strategic, and business-related tasks.

Responsibilities
• Oversee the planning and management of assigned projects from development to execution, including, but not limited to electric rate cases, transmission formula rate filings, cost recovery mechanisms, and other rate-related commission and customer inquiries. This includes rate design and rate administration functions to support corporate revenue and financial performance objectives, including determining revenue and customer effects of new rate structures.
• Responsible for all aspects of rate-related analysis, monitoring, reporting and forecasting, including compliance with state and federal regulations pertaining to financial statement preparation, analysis and reporting of a regulated utility monopoly. Must be familiar with GAAP and FERC accounting and reporting and business planning processes.
• Ensure quality assurance and quality control for regulatory and financial analyses, calculations, and forecasts.
• Provide expert testimony in rate proceedings before state public utility commissions, FERC, and other relevant agencies.
• Maintain strong and constructive relationships with regulatory commission staff and internal and external auditors in the execution of regulatory compliance.
• Identify, facilitate, and support on-going focus on business objectives by monitoring legislative and regulatory initiatives that impact the electric utility industry and continuously looking for transferrable improvements and efficiencies.
• Inform and make recommendations to leadership about initiatives, status, and challenges/opportunities.
• Provides supervision to team members including, but not limited to:- assists in the development of career development plans and goals for all team members.- provides feedback to team members on a regular basis.- provides coaching and when necessary, creates a development plan for team members not meeting expectations.- conducts performance evaluations in accordance with company policies.- take disciplinary/corrective action when necessary involving Human Resources and/or supervisor.
• Performs other duties as assigned
• Complies with all policies and standards

Qualifications

1. Bachelor's Degree BA or BS degree in Finance, Accounting, economics, or other business discipline.

2. 7+ years of ratemaking, financial, accounting, or business planning experience with at least 7 years' experience with at least 4 years at a regulated energy company .
3. Demonstrated proficiency in financial modeling and understanding of financial statements, analysis, research, and problem -solving skills.
4. Knowledge of financial drivers of a regulated electric transmission and distribution company and/or regulated gas delivery company.
5. Work well with individuals on all levels of the organization and external parties including regulators, attorneys, auditors, consumer advocacy groups, industry groups, and other special interest groups. Must be able to provide constructive and substantive input to regulatory commission staff in the execution of regulatory compliance and rate case duties.
6. Experience as an expert witness and/or supporting expert witnesses.
7. Demonstrated ability to lead financial professionals and cross-functionals teams and build consensus, establish trust, communicate effectively and foster culture change.
8. Requires proficiency in oral and written communication skills, as demonstrated by the communication of complex technical issues verbally and in writing.

Preferred Qualifications:

- Master's Degree in business discipline
- Experience leading regulatory functions, including internal resources and external expert witnesses.
- Regulatory accounting and audit experience
- Business Planning experience.

About PPL Corporation

As one of the largest investor-owned companies in the U.S. utility sector, PPL Corporation delivers on its promises to customers, investors, employees and the communities they serve. Their utilities – Western Power Distribution, Louisville Gas and Electric and Kentucky Utilities, and PPL Electric Utilities – provide an outstanding service experience for their customers, consistently ranking among the best in the U.S. and the U.K. Their stable earnings, secure dividend, solid management and high-quality assets represent an excellent low-risk opportunity for those looking to invest in the utility sector. For employees, the PPL family of companies offers the potential to grow in a wide range of exciting career opportunities. They are committed to providing essential energy services in extraordinary ways and they deliver. And they are a positive force in the cities and towns where they do business, providing support for programs that create jobs, donating millions to charitable organizations that improve the quality of life, and encouraging the generosity of employees who volunteer freely to help others.

PPL Corporation Careers

Join the dynamic team at PPL Corporation, a leader in the energy sector, where innovation, leadership, and professional growth are at the forefront of our operations. As one of the most respected companies in the industry, PPL Corporation offers a range of job opportunities designed to empower your career journey and foster a culture of excellence and diversity.

Work You’ll Do

At PPL Corporation, you’ll engage in meaningful work that directly impacts our customers and communities. Our team is committed to sustainable energy solutions and operational excellence, providing a platform for professionals to lead and innovate within the energy sector. Whether you’re interested in engineering, customer service, or corporate roles, PPL Corporation provides a landscape for professional and personal growth.

Explore Career Paths

We offer a variety of career paths, including full-time positions and internships for emerging talent. Our internship programs are a great way to gain hands-on experience and develop essential skills in a supportive environment. Interns at PPL Corporation work on real projects, receive mentorship from experienced leaders, and learn about the energy industry from the inside out.

Professional Development

PPL Corporation is dedicated to the continuous professional development of our team. With access to comprehensive training programs and leadership workshops, employees can expand their skills, engage in diversity training, and advance their careers. Our leadership is committed to nurturing high-potential professionals to innovate and lead in their respective fields.

Benefits and Culture

Choosing a career at PPL Corporation means more than just a job. Our employees enjoy competitive benefits, including health, retirement plans, and flexible working conditions, designed to support a healthy work-life balance. The culture at PPL Corporation is built on collaboration, respect, and inclusivity, ensuring a welcoming environment for all employees.

Join Our Team

If you’re looking to make a difference with your career, consider joining PPL Corporation. Explore our job opportunities and find a position that matches your skills and ambitions. We are continuously hiring talented individuals who are passionate about making an impact and ready to contribute to our success.

Stay Connected

Stay ahead in your career by leveraging our networking opportunities and staying connected with the latest company news. PPL Corporation values continuous learning and offers various resources to keep you informed and engaged in your professional development.

Apply Now

Ready to advance your career at PPL Corporation? Check out our current job openings, prepare your resume, and apply through our careers portal. We look forward to reviewing your application and possibly welcoming you to our team where your career growth can flourish.

PPL Corporation – Powering Your Future with Opportunities for Growth and Innovation.

Join us and be part of a team that values leadership, diversity, and professional excellence.
Learn more about PPL Corporation
Size
5,607 employees
Market Cap
$21.5 billion
Industry
Net Income
$1.4 billion
Founded
1920
5 Year Trend
-5.1%
Revenue
$7.6 billion
NASDAQ

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