PacifiCorp

Revenue Requirement Manager

PacifiCorp$134K — $185K *
Energy & Utilities
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting, finance, mathematics, business, economics, engineering, or equivalent experience.
  • Over seven years of regulatory experience or relevant utility experience.
  • At least three years in a management role with direct responsibility for people or functions.
  • Comprehensive knowledge of various electricity or energy issues.
  • Exceptional leadership and interpersonal skills to engage across all organizational levels.

Responsibilities

  • Manage the preparation of the company's revenue requirement for regulatory cases.
  • Oversee regulatory filings and interface with regulators on audits.
  • Present expert testimony before public service commissions in various legal cases.
  • Support the Regulation Department's objectives and initiatives.
  • Develop forecasts for regulated earnings aligned with the business plan.
  • Provide technical analyses for policy decisions and resource allocation.
  • Lead the functional team, managing daily activities and employee performance.

Benefits

  • Medical, dental, and vision insurance options.
  • 401k with substantial company match and fixed contributions.
  • Life insurance and various voluntary benefits such as pet insurance.
  • Tuition assistance and support for ongoing education.
  • Flexible Paid Time Off (PTO) and paid leave options for parental and bereavement support.
Full Job Description
General Purpose

The position is responsible for functional oversight of the day-to-day operations of a revenue requirement group that has a significant impact on corporate, business unit, or organizational objectives. Establishes and implements regulatory business objectives, strategies, and plans. Manages and allocates financial and employee resources. Implements and supports Company programs and policies. Specifically, this position develops, certifies, and sponsors the company's revenue requirement calculations, provides expert testimony, and develops and sponsors highly technical financial analyses to enable the company to recover its prudently incurred costs.

Responsibilities

  • Manage the development and preparation of the company's revenue requirement for use in rate cases and in reporting jurisdictional earnings to state utility commissions.
  • Manage the preparation of other regulatory filings and works with external regulators on audits and validation of the company's filings.
  • Present the company's position in written and oral testimony before public service commissions and other external audiences in various cases including general rate cases, major plant cases, deferred accounting applications or other litigated cases where expert technical testimony is required.
  • Represent the Regulation Department in support of the company's regulatory objectives and initiatives.
  • Implement business objectives, strategies, and plans consistent with the company's regulatory strategy.
  • Manage the development of forecasted regulated earnings in support of the company's annual business plan development.
  • Provide input including technical analyses into policy decisions, and mobilize resources to produce desired business results.
  • Ensure compliance with state regulatory filing requirements.
  • Review technical data, financial modeling, and understand regulatory data systems and interfaces with other company data systems.
  • Develop presentations and periodic reports.
  • Prepare and respond to data requests.
  • Lead the functional team, including planning and managing the work and day-to-day activities of the functional team. Lead projects and initiatives.
  • Provide input into team employee performance reviews. Flag performance and personnel issues for people manager resolution.


Requirements

  • Bachelor's degree in accounting, finance, mathematics, business, economics, engineering or a related field; or the equivalent combination of education and experience.
  • A minimum of seven years of regulatory experience or a combination of utility experience in related fields.
  • A minimum of three years direct people or functional management experience.
  • A broad background in a variety of electricity or energy related matters.
  • Strong leadership skills and the ability to work with all levels of an organization including people with different styles and backgrounds; ability to work both independently and as a member of a team to maintain project timelines, budgets, and deliver commitments; Ability to manage and motivate employees.
  • Detailed understanding of technical areas of responsibility.
  • Ability to communicate calmly while under pressure.
  • Strong communication and interpersonal skills including ability to consult with internal and external clients.


Preferences

  • Advanced degree preferred.
  • Thorough understanding of utility rate making principles, utility economics, as well as state-specific commission rules and regulations.
  • Knowledge of applicable company policies and procedures; applicable state governmental laws and regulations.
  • General familiarity of the fundamentals of revenue requirement, interstate allocations, net power costs, class cost of service and/or rate design.


Benefits

At PacifiCorp, we understand that living a healthy lifestyle isn't just about your physical health - your mental, financial, and social wellbeing also play an important role. That's why we offer a wide range of benefits designed to help you live a more balanced lifestyle

Our benefits include:
• Medical, dental, and vision insurance
• 401k with match fixed contributions, including a Roth and saving option. For union employees, matching contributions vary by union. For nonunion, PacifiCorp makes a fixed contribution equal to 4% of your eligible pay each year for new hires. In addition, PacifiCorp matches 100% of the first 6% you contribute.
• Life insurance
• Additional voluntary benefits, including pet insurance
• Tuition Assistance
• Mass Transit Pass for employees in our Portland and Salt Lake City Offices.

Work Life Balance
• Generous Paid Time Off (PTO) - Time off varies by employee type (Union or Non-Union)
• Paid short-term disability leave and long-term disability insurance
• Paid Parental Leave
• Paid Bereavement Leave
• Employee Assistance Program supporting mental and emotional wellbeing

For more information, please visit: https://careers.pacificorp.com/content/New-Benefits-Page/?locale=en_US

Additional Information

Req Id: 114668
Company Code: Pacificorp #PM25
Primary Location: SALT LAKE CITY
Department: Rocky Mountain Power
Schedule: Days
Personnel Subarea: Exempt
Hiring Range: $134,800-$185,350

This position is eligible for an annual discretionary performance incentive bonus of up to 20.00% of salary.

About PacifiCorp

PacifiCorp is a subsidiary of Berkshire Hathaway Energy, a subsidiary of Berkshire Hathaway. PacifiCorp is an electric power company that operates in six western states: Oregon, Washington, California, Utah, Wyoming, and Idaho. The company was founded in 1910 and is headquartered in Portland, Oregon. PacifiCorp provides electricity to 1.9 million customers and has 8,000 employees.
Learn more about PacifiCorp
Industry
Founded
1984

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