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Job DescriptionJob Specifications
Position Summary:
Directly supports leadership in all regulatory matters for assigned state(s) or jurisdiction(s) to achieve the company's business plans and comply with regulatory requirements. Plan, prepare, research, analyze and implement regulatory strategies and plans in collaboration with cross functional teams. Prepare information for internal decision making and regulatory filings with the respective commission or regulatory agency. Support accurate, timely and innovative regulatory initiatives, including but not limited to rate review filings, compliance filings, tariff proposals, financial plan support, and data analysis and studies.
Pay Range: 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.
Level I: $66,950 - $100,500
Level II: $79,400 - $119,100
Senior: $93,150 - $139,900
Reporting Relationship: Manager Regulatory
Location: Rapid City, South Dakota
Relocation Assistance: Relocation assistance is available based on individual circumstances! Details to be shared during the offer process.
Essential Functions:
• Review, research and analyze federal and state regulatory requirements and industry issues and present to appropriate stakeholders.
• Assist in the development of and support regulatory initiatives, including initiatives to increase revenue opportunities or reduce regulatory lag, that support business strategies.
• Research and communicate the proper interpretation of rates, rules, and terms and conditions of service to company personnel through written and verbal communications.
• Assist in the preparation and review of in the implementation of tariff changes and/or new tariffs.
• Assist in the preparation and review of testimony and intervenor data request responses for regulatory filings.
• Assist in the preparation, filing and support of cost recovery riders and adjustments clauses and regulatory compliance filings.
• Analyze, understand and interpret company financial and statistical data used in all studies. Present analytical conclusions (orally and in writing) to management, and other partners in an organized, concise and timely fashion.
• Assist in engagement with commissions or regulatory agencies by providing timely, accurate reports and regulatory filings, meetings, and other interactions that advocate on behalf of the company.
• Maintain professional working relationships with all employees, regulators, commission staff, business associates, consultants, customers, and other stakeholders.
• Other duties as assigned.
What Is Required:
All Levels:
• Bachelor's Degree in Engineering, Business, Accounting, Finance, Economics or related field of study required or equivalent combination of education is required.
• Strong quantitative and analytical skills, and the ability to perform detailed and complex analysis.
• Excellent oral and written communication skills.
• Strong organizational skills with the ability to manage multiple tasks, project schedules and priorities effectively within a fast-paced environment.
• Excellent user capabilities with MS Office software (proficiency in Word, Excel, Outlook and PowerPoint.)
• Ability to accurately perform required tasks and meet deadlines while paying close attention to detail and understanding and considering the big picture.
• Ability to demonstrate initiative and to work independently as well as with a team.
• An eagerness to learn and quickly assimilate information and concepts.
• Ability to maintain strict confidentiality of business information.
• This role will be required to travel up to 10% of the time.
Level II:
• Minimum of 3 years of experience in finance, accounting, regulatory or related field required.
Senior:
• Minimum of 5 years of experience in finance, accounting, regulatory or related field required.
What Is Desired:
• Up to 2 years of experience in finance, accounting, regulatory, or related field 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.
• Strong interpersonal skills.
• Experience working with databases, financial and collaborative software tools (FileNet, SharePoint, Peoplesoft, Power BI, 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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