Sr Revenue Requirements Analyst

PNM Resources

$82K — $140K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting or related discipline, Master's preferred
  • 5-7 years of related experience in revenue requirements analysis
  • CPA designation preferred
  • Extensive knowledge of GAAP and regulatory ratemaking principles
  • Proficient in cost analysis and utility rate development methodologies

Responsibilities

  • Prepare class cost of service and revenue requirements studies
  • Analyze the impact of government actions and make recommendations
  • Coordinate with internal and external teams to gather project cost information
  • Calculate utility rate of return and required financial metrics

Benefits

  • Health, dental, & vision insurance
  • Retirement savings plan
  • Paid time off and holidays
  • Continuing education opportunities
  • Support for professional certifications
Full Job Description
POSTING DEADLINE

This position is posted until filled.

DEPARTMENT

Department: Cost of Service

JOB DESCRIPTION

Sr Revenue Requirements Analyst

Salary Grade: G06
Minimum Midpoint Maximum
$82,463 - $111,325 - $140,187

SUMMARY:

Under minimal supervision, prepares revenue requirements and class cost of service studies to examine changes in rates and charges to support the costs of operating electric operations, the analysis of changes in demand for services, and the preparation of long-range revenue and expenditure forecasts including review of capital plans and debt service requirements. Provides input to senior management for key strategy and policy decisions in regulatory environment.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

Assists in the preparation of class cost of service/revenue requirements studies for the different jurisdictions of the company

Analyzes effects of government actions, regulations, and legislation and makes recommendations for dealing with changes

Acts as functional lead to coordinate different technical areas both internal and external to the company to gather information on projects and costs that affect revenue requirements

Prepares utility rate of return and other required financial metrics and ratios

COMPETENCIES:

Extensive knowledge of accounting principles (GAAP), and regulatory ratemaking, and financial statements

Extensive knowledge of cost analysis and cost accounting principles and their application to utility rate development

Ability to prepare, review and complete compliance filings (i.e. SEC, regulatory)

Knowledge of principles, concepts, and current practices used in the design of rates charged for different classes of customers

Ability to conduct economic, policy, and financial analysis

Ability to gather data and synthesize information in a cohesive manner, to analyze situations, and to recommend effective courses of action

Ability to handle multiple assignments with accuracy, to prioritize workload, meet deadlines, and to work independently

Ability to establish and maintain cooperative and positive working relationships with others

QUALIFICATIONS:

MINIMUM EDUCATION AND/OR EXPERIENCE:

Bachelor's degree from a four-year college or university in accounting with five to seven years related experience, or equivalent combination of education and/or experience related to the discipline.

Master's degree is preferred.

CERTIFICATES, LICENSES, AND REGISTRATIONS:

Certified Public Accountant (CPA) designation is preferred.

COMMUNICATION SKILLS:

Excellent written and verbal skills

Ability to experience in writing reports, testimony, memos, and letters

Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations

Ability to effectively present information, articulate recommendations, and respond to questions from groups of managers, clients, customers, and the general public

ANALYSIS AND PROBLEM-SOLVING ABILITY:

Ability to solve complex practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral diagram, or schedule form. Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.

PHYSICAL DEMANDS:

While performing the duties of this job, the employee is regularly required to stand and sit up to 2/3 of the time and to talk and listen for long periods of time.

Manual dexterity is required.

WORK ENVIRONMENT:

Office environment.

DEGREES:
Bachelors Degree
Masters Degree

LICENSES / CERTIFICATIONS:
Certified Public Accountant

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