Chesapeake Energy

Rates and Revenues Manager

Chesapeake Energy • $100K — $120K *
Dover, DE 19901In-Person
Energy & Utilities
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in finance, accounting, economics, business, or related field
  • Minimum of seven years of experience in utility finance, rate design, or regulatory strategy
  • Proven expertise in regulatory rate making and revenue requirements
  • Strong understanding of the regulatory process from filing to approval and implementation
  • In-depth knowledge of revenue management, pricing strategies, forecasting, and cost-of-service regulation
  • Advanced proficiency in financial modeling and data analysis, particularly in MS Excel
  • Leadership skills with the ability to develop and mentor a team

Responsibilities

  • Develop and implement rate-making strategies that meet company and regulatory needs
  • Conduct revenue requirements modeling to determine necessary revenue for cost coverage and fair returns
  • Prepare and present regulatory and revenue reports and forecasts to senior management
  • Lead the creation of testimony and responses for state public utility commissions and other bodies
  • Collaborate with accounting for financial forecasting, budgeting, and rate monitoring
  • Oversee the development and filing of company tariff programs
  • Manage relationships with various internal departments and external regulatory stakeholders
  • Direct and develop staff specialized in regulatory analysis and rate modeling

Benefits

  • Competitive base salary
  • Opportunities for career growth
  • Supportive team atmosphere
  • Annual bonus and salary increase opportunities
  • Monthly recognition events
  • Wellness initiatives and community events
  • Customizable benefit packages including 401k, medical, dental, and life insurance
  • Paid time off, holidays, and separate sick time bank
Full Job Description
Rates & Revenue Manager

Location: Hybrid remote within Yulee or West Palm Beach, FL or Dover, DE

Your role in our success:

This position is responsible for managing rate mechanisms and cost of service through which the company
recovers costs, sets customer prices, and ensures regulatory compliance. This role will oversee developing and implementing cost recovery mechanisms and regulatory strategy initiatives. Responsibilities also include proposing solutions to key business issues, when necessary, and making oral and written testimony and support to federal and state regulatory agencies. This position will oversee and develop team members under his/her direction.

What you'll be working on:

  • Rate Strategy Design: Develop and implement rate-making strategies (general rate cases, formula rates,
    infrastructure riders) that align with the company, regulatory and customer needs.
  • Revenue Requirements Modeling: Determine the necessary revenue needed to cover costs and earn a
    fair return, including conducting cost-of-service studies.
  • Reporting: Prepare and present comprehensive regulatory and revenue reports and forecasts to senior
    management and stakeholders.
  • Regulatory Proceedings: Lead the development of testimony, exhibits, and discovery responses for state
    public utility commissions (PUCs) or other regulatory bodies.
  • Financial Forecasting & Analysis: Work with accounting department to forecast, budget, and monitor
    rates and regulatory activities; perform sensitivity analyses of revenues to load forecasting errors.
  • Tariff Administration: Oversee the development, filing, and maintenance of company tariff programs.
  • Stakeholder Management: Collaborate with internal departments (finance, legal, operations) and
    represent the utility with external stakeholders, including regulators and intervenors.
  • Team Leadership: Direct and develop staff specialized in regulatory analysis, rate design and revenue
    modeling.
  • Other responsibilities as assigned


Who you are:

  • Bachelor of Science in finance, accounting, economics, business or other related field
  • Seven (7) years of experience in utility finance, rate design or regulatory strategy
  • Regulatory rate making and revenue requirement proficiency
  • Understanding of regulatory process from filing through approval and implementation
  • Deep understanding of revenue management techniques, pricing strategies, forecasting, cost-of-service
    regulation, and federal/state-specific regulatory processes
  • High organization skills
  • Deep understanding of revenue management techniques, pricing strategies, forecasting, cost-of-service regulation, and federal/state-specific regulatory processes
  • Excellent verbal and written communication skills
  • Advanced proficiency in financial modeling and data analysis
  • Advanced proficiency in MS Excel
  • Proficiency in MS Word, and PowerPoint
  • Ability to develop and maintain strong relationships
  • Leadership and team management abilities with the capacity to motivate and guide a team to deliver results
  • Standard driver's license


What's in it for you?

  • Competitive base salary
  • Fantastic opportunities for career growth
  • Cooperative, supportive and empowered team atmosphere
  • Annual bonus and salary increase opportunities
  • Monthly recognition events
  • Endless wellness initiatives and community events
  • Robust and customizable benefit packages-choose what works best with your life. Options include generous 401k, medical, dental and life insurance, tuition reimbursement, compensated volunteer hours and MORE!
  • Paid time off, holidays and a separate bank of sick time


About Chesapeake Energy

???????????????????????????????????????????????????????????????Chesapeake Energy Corporation is the second-largest producer of natural gas, the 11th largest producer of oil and natural gas liquids and the most active driller of new wells in the U.S. Headquartered in Oklahoma City, the company's operations are focused on discovering and developing unconventional natural gas and oil fields onshore in the U.S. Chesapeake owns leading positions in the Eagle Ford, Utica, Granite Wash, Cleveland, Tonkawa, Mississippi Lime and Niobrara unconventional liquids plays and in the Marcellus, Haynesville/Bossier and Barnett unconventional natural gas shale plays. The company also owns substantial marketing and oilfield services businesses through its subsidiaries Chesapeake Energy Marketing, Inc. and Chesapeake Oilfield Services, L.L.C.?

Chesapeake Energy Careers

Join the dynamic team at Chesapeake Energy, a leading company in the energy sector, and propel your career to new heights with unparalleled job opportunities. At Chesapeake Energy, we are committed to fostering a culture of innovation, leadership, and sustainable growth.

Work You’ll Do

At Chesapeake Energy, you will collaborate with some of the industry's most talented professionals to drive innovation and lead projects that have a real impact on global energy solutions. Our team is at the forefront of the energy industry, leveraging cutting-edge technology and sustainable practices to shape the future.

Explore Professional Growth and Development

Chesapeake Energy is dedicated to the professional growth of its employees. Whether you are just starting your career or are a seasoned professional, Chesapeake offers a range of career paths filled with advancement opportunities. From leadership and diversity training to technical skill enhancement, we provide the tools and resources necessary for success.

Innovative Work Environment

Our commitment to innovation is not just about technology; it extends to our approach to problem-solving and project management. Join our team and contribute to groundbreaking projects that prioritize sustainability and efficiency.

Be Part of a Great Team

Working at Chesapeake Energy means being part of a diverse and inclusive team. We value the unique backgrounds and experiences of our team members, believing that diversity fuels creativity and innovation. Our collaborative environment supports networking and mentorship, helping you connect with peers and leaders who can aid in your career development.

Internship and Employment Opportunities

Kickstart your career with Chesapeake Energy through our internship programs, which offer hands-on experience in real-world projects. For those seeking full-time positions, our hiring process is designed to match your skills and interests with the right opportunities within the company. Prepare your resume, sharpen your interview skills, and join a team that appreciates and rewards hard work and creativity.

Benefits and Culture

Chesapeake Energy is not only a great place to grow professionally; we also offer a range of benefits designed to support our employees' health, well-being, and financial future. Our culture promotes work-life balance, ensuring that you are motivated and energized to perform at your best.

Stay Connected

Join Our Team Search open positions that match your skills and interest at Chesapeake Energy. We are always looking for passionate, curious, and solution-driven team players.

Keep Up to Date

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Job Alert Emails

Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at Chesapeake Energy. Join Chesapeake Energy and be part of a company that values innovation, leadership, and a commitment to sustainable energy solutions. Your future starts here!
Learn more about Chesapeake Energy
Size
1,300 employees
Market Cap
$12.7 billion
Industry
Energy & Utilities
Net Income
-$9.7 billion
Founded
1989
5 Year Trend
-6%
Revenue
$5.2 billion
NASDAQ
CHK
* Ladders Estimates

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