Regulatory Affairs Manager

Black Hills Energy

$116K — $192K *
Energy & Utilities
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Engineering, Business, Accounting, Finance, or Economics, or equivalent experience
  • Minimum of 5 years in finance, accounting, regulatory, or related field
  • Proficient understanding of utility regulatory processes and ratemaking concepts
  • Strong quantitative and analytical skills
  • Excellent interpersonal, verbal, and written communication skills

Responsibilities

  • Lead and develop regulatory team on ratemaking policies and concepts
  • Manage regulatory filings for rate cases and tariff changes
  • Communicate regulatory requirements and outcomes to stakeholders
  • Provide guidance on federal and state compliance regulations
  • Testify before regulatory commissions and legislative bodies
  • Collaborate on strategic plans, budgets, forecasts, and reports
  • Build and maintain relationships with regulatory stakeholders

Benefits

  • Annual discretionary bonuses
  • 401(k) with 6% company match and up to 9% company retirement contribution
  • Tuition reimbursement
  • Generous paid time off, including holidays and parental leave
  • Company-paid life and disability insurance
  • Critical illness and accident insurance
  • Pet insurance and employee assistance program
  • Comprehensive medical, dental, and vision insurance
Full Job Description
Job Description
Job Specifications

Position summary:

Manage all regulatory matters for assigned state(s) or jurisdiction(s) to achieve the company's business plans and comply with regulatory requirements. Manage the preparation, presentation, and reporting of information for internal decision making and regulatory filings with the respective state commission or regulatory agency. Develop regulatory policies and initiatives supporting business strategies, including managing the development and filing of rate case applications. Lead projects, analysis and research that support regulatory reports and filings. Serve as a key regulatory business partner to state leadership and functional areas across Black Hills Energy.

Pay Range: $116,500 - $192,400/19 (This posting includes the full pay range for this position. Pay is based on a number of factors and may vary depending on job-related knowledge, skills, experience, and internal equity.)

Reporting Relationship: Director, Regulatory

Location: Grimes, IA

Relocation Assistance: Relocation assistance is available based on individual circumstances! Details to be shared during the offer process.

Essential Functions:
  • Lead and develop the team to ensure a solid understanding of various ratemaking policies and concepts, including revenue requirements, cost allocation, cost of service, rate of return, and regulatory accounting and financial analysis.
  • Develop regulatory policies and initiatives that support business strategies and goals, including timely recovery of costs and return on investments.
  • Manage regulatory filings for assigned jurisdiction(s), including rate case applications, tariff proposals and changes, cost recovery riders and adjustments clauses.
  • Maintain full understanding of regulatory outcomes and requirements and communicate to company personnel through written and verbal communications.
  • Provide guidance and advice to department level leadership regarding federal and state regulatory requirements, legislation, rules, compliance requirements and trending industry issues.
  • Testify before regulatory commissions and legislative bodies in support of the Company.
  • Partner with operations and financial teams in the preparation of strategic plans, budgets, forecasts, and reports.
  • Develop and maintain trusted relationships with regulatory stakeholders through meetings, conference participation and industry association engagement.
  • Manage resources, tools, internal controls, and schedules to meet required timelines and maintain regulatory compliance.
  • Other duties as assigned.

What Is Required:
  • Bachelor's Degree in a relevant field, such as Engineering, Business, Accounting, Finance or Economics or an equivalent combination of education and experience
  • Minimum of (5) five years of finance, accounting, regulatory or a related field

What Is Desired:
  • Proficient understanding of the utility regulatory process and various ratemaking policies and concepts, including revenue requirements, cost allocation, cost of service, rate of return, and regulatory accounting and financial analysis.
  • Creative problem solving.
  • Ability to build and maintain project schedules.
  • Strong quantitative and analytical skills, and the ability to perform detailed analysis.
  • Outstanding interpersonal, verbal, written, and presentation skills.
  • Ability to work in a team environment, with minimal direction.
  • Strong enterprise leadership skills.
  • Ability to build consensus and effectively engage with and influence internal and external decision-makers.
  • Ability to understand and exercise excellent judgment in complex interrelated business issues.
  • Excellent user capabilities with MS Office software (proficiency in Word, Excel, Outlook and PowerPoint). Experience working with collaborative software tools (FileNet, SharePoint, Teams, etc.) and financial software (PeopleSoft, Utilities International, etc.).

This description is not intended to be an all-inclusive list of responsibilities, duties, and requirements for employees in this position. Job descriptions may and do change periodically. Where positions are covered by a collective bargaining unit agreement, the terms and conditions of the agreement will apply.

Enjoy our Comprehensive Benefits Package! Annual discretionary bonuses, 401(k) (6% company match and up to 9% company retirement contribution), tuition reimbursement, generous paid time off benefits, including paid holidays and parental leave, company paid life insurance and disability benefits (short and long term), critical illness, accident & group hospital insurance, pet insurance, an employee assistance program and well-being benefits, and competitive medical, dental and vision insurance.

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