The OpportunityWe are seeking a
Vice President, Utility Return on Equity & Cost of Capital Expert Witness to lead complex utility consulting engagements. This role is designed for an experienced professional who has personally led Return on Equity or Cost of Capital analyses, defended positions in contested proceedings, and provided expert testimony before state regulators, FERC, or other agencies.
This is a visible, client-facing leadership role, shaping regulatory strategy, leading engagements, and serving as a trusted advisor to senior utility leadership and legal counsel.
*This is a hybrid role, with three days per week in-office in our Marlborough, MA location and two days per week working remotely.*
What You Will DoAs a Vice President, you will own outcomes and credibility across the full lifecycle of regulatory and litigation-support engagements, including:
Return on Equity & Cost-of-Capital Practice Area Leadership- Lead and review cost-of-capital and return on equity analyses for electric transmission and/or natural gas pipeline clients.
- Advise clients on rate filings, compliance filings, settlements, and contested proceedings before various agencies and commissions.
Expert Testimony & Prudence Matters- Serve as lead or sponsoring expert witness in ROE and Cost of Capital proceedings, including preparation and defense of written testimony, exhibits, workpapers, and discovery responses.
- Provide expert analysis and testimony.
- Support litigation strategy in close coordination with internal teams, external counsel, and client leadership.
- Participate in hearings, settlement negotiations, and technical conferences.
Client & Practice Leadership- Lead multi-disciplinary consulting teams and manage complex engagements from scoping through final deliverables.
- Act as a senior advisor to utility executives on various topics.
- Contribute to business development opportunities by leveraging professional relationships, regulatory credibility, and expert reputation.
- Help shape and evolve Concentric's ROE and Cost of Capital offerings, including mentoring junior staff and strengthening analytical standards.
What Success Looks LikeSuccessful candidates in this role are known for:
- Clear, defensible analysis that stands up under cross-examination.
- The judgment to balance technical rigor with regulatory strategy.
- Comfort operating in high-stakes, adversarial settings.
- The ability to translate complex concepts for senior decision-makers.
- A reputation for integrity, credibility, and professionalism with regulators, clients, and peers.
Ideal Candidate ProfileRequired Experience- 15+ years of experience in FERC ratemaking and regulatory matters, gained through:
- Consulting,
- An investor-owned utility,
- A regulatory agency (including former FERC or state commissions staff), and/or
- A Big 4 or similar professional services firm.
- Demonstrated experience leading ROE and Cost of Capital analyses for electric transmission and/or natural gas pipelines.
- Direct experience serving as an expert witness or sponsoring testimony in proceedings.
- Strong written and oral communication skills, with experience presenting complex positions to regulators, attorneys, and senior executives.
Education- Bachelor's degree required (Economics, Finance, Accounting, Mathematics, or similar preferred).
- Master's degree, MBA, or PhD strongly preferred.
Additional Expectations- Ability to operate independently while collaborating effectively in team environments.
- Strong attention to detail, organization, and professional judgment.
- Willingness to travel for hearings, client meetings, and regulatory proceedings (U.S. and Canada).
Compensation & Ownership- Base salary range: $239,000 - $350,000, depending on level and experience, plus annual incentive compensation bonus.
- Comprehensive benefits package including health, dental, vision, 401(k) with company match, flexible spending accounts, Health Savings Account with company seeding, extensive paid time off programs, tuition reimbursement and a focus on learning, development and training for continual career growth.
- Opportunity to become a shareholder in an employee-owned firm and participate directly in Concentric's long-term success.
