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Regulatory Analyst (Job Family)

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Location: Merrillville, IN, United States
Date Posted:
Req ID: R00934064

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Description

** This position will be responsible for supporting the NIPSCO Regulatory Studies team. **

Job Description

The analyst will be responsible for the development, preparation and implementation of regulatory studies required to support changes in the operating company’s (OPCO) customer rates, including but not limited to rate case filings, tariff filings, and other compliance filings, along with the preparation of comprehensive data analyses, analytical studies, documentation, and testimony to support regulatory proceedings, rates and cost of service. The Regulatory Studies Analyst will support accurate, timely and innovative regulatory initiatives, including but not limited to: regulatory rate case filings, tariff filings, discovery responses, data analysis, analytical studies, customer support, special contract development support and other required filings.  Works closely with OPCO Regulatory Team, Rate Case Execution Team, State Policy Team, Financial Planning Revenues, Legal and External Consultants and Stakeholders.

Principal Duties and Responsibilities

  • Responsible for managing the preparation, execution and implementation of regulatory study filings in various proceedings, including the development of schedules, exhibits, documentation, work papers, discovery responses and testimony
  • Collaborates with OPCO Regulatory or Rate Case Execution team to obtain and understand key cost allocation inputs and Financial Planning Revenue team to support revenues at current rates
  • Completes studies required to determine if costs are fixed or variable and allocate costs between functions (distribution and transmission, etc.), classes (residential, commercial, etc.) and rate codes
  • Performs or supports external consultant performing the cost allocation study
  • Prepares and/or provides expert testimony in support of revenues, lead lag studies, allocated cost of service, tariffs, rules and regulations as necessary
  • Implements State Policy rate design decisions; develops and supports rate designs
  • Calculates revenues, class, rate code and large customer impacts for proposed and approved rates; calculates and explains variances between current, proposed and approved rates
  • Implements Orders to ensure compliance with tariffs, regulations, and regulatory orders, including timely and accurate development, interpretation and input of billing rates for customers
  • Provides expert tariff administration, interpretation, and support to internal and external parties to maximize customer expectations and comply with tariffs, regulations and regulatory orders.
  • Completes special projects as requested by OPCO Regulatory management or State Policy. 
  • Develop, monitor and perform testing of internal controls; Ensures compliance with internal controls and reporting requirements, including Sarbanes-Oxley requirements.
  • Evaluates processes for continual improvement opportunities to more efficiently and effectively deliver value.
  • Communicates essential information to team, OPCO Regulatory and State Policy staffs.

Required Qualifications for Regulatory Studies Analyst Position

  • Bachelor’s degree in Finance, Accounting, Economics, Engineering or related field
  • Knowledge of PC applications
  • Ability to perform above duties under close supervision
  • Strong attention to detail
  • Excellent verbal and written communication skills
  • Strong interpersonal skills
  • Ability to deliver results

Preferred Additional Qualifications for Regulatory Studies Analyst Position

  • 1+ years of experience in accounting or related discipline

Required Qualifications for a Senior Regulatory Studies Analyst Position

  • Bachelor’s degree in Finance, Accounting, Economics, Engineering or related field
  • Knowledge of PC applications
  • Demonstrated ability to work with minimal supervision in an accurate and timely manner and deliver results
  • Proven record of experience in the regulatory environment, accounting, finance and/or business discipline
  • Demonstrated ability to be self-motivated
  • Exhibited expert technical skills and attention to detail
  • Excellent verbal and written communication skills
  • Works well in a team environment
  • Ability to successfully coordinate projects

Preferred Additional Qualifications for a Senior Regulatory Studies Analyst Position

  • Multiple functional experience
  • MBA or CPA
  • At least three years recent work experience in in accounting or related discipline
  • Witness training and/or previous witness experience

Required Qualifications for a Lead Regulatory Studies Analyst Position

  • Bachelor’s degree in Finance, Accounting, Economics, Engineering or related field
  • Knowledge of PC applications
  • Demonstrated ability to be self-sufficient and self-motivated
  • Ability to successfully lead and coordinate projects and train other analysts
  • Proven record of superior experience in the regulatory environment, accounting, finance, or other business discipline
  • Demonstrated proficiency in multiple functions, as well as successful assumption of increasingly technical projects and responsibilities
  • Proven ability to provide expert technical advice to others in an accurate and timely manner
  • Exhibited expert technical skills and attention to detail
  • Excellent verbal and written communication skills
  • Works well in a team environment

Preferred Additional Qualifications for a Lead Regulatory Analyst Position

  • Multiple functional experience
  • MBA or CPA
  • At least five years recent work experience in accounting or related discipline
  • Witness training and/or previous witness experience

Disclaimer

This description is not designed to be a complete list of all duties and responsibilities required of the position.

Inclusion & Diversity 
Value inclusion within your day to day responsibilities by respecting others perspectives/convictions, engaging others opinions, creating a safe environment where people, ideas, and opinions are valued within your Team/Customers and external partners.

Respect and take into consideration diversity within your Team/Customers and external work partners by valuing different world views, challenges, and cultures that represent all walks of life and all backgrounds.

Treat others with respect and consideration. Actively participate in creating and contributing to a positive work environment.

Equal Employment Opportunity 
NiSource is committed to providing equal employment opportunities in each of its companies to all employees and applicants for employment without regard to race, color, religion, national origin or ancestry, veteran status, disability, gender, age, marital status, sexual orientation, gender identity, genetic information, or any protected group status as defined by law. Each employee is expected to abide by this principle.

By applying, you may be considered for other job opportunities. 

Safety Statement
Promote a safe work environment by actively participating in all aspects of our employee safety program.  Report any unsafe conditions and take actions to prevent personal injuries.  Support our interdependent safety culture by ensuring the safety of your co-workers.  Stay focused on the task at hand and promote productivity through good work habits.

Posting Start Date:

2023-11-20

Posting End Date (if applicable):

2023-12-04
Please note that the job posting will close on the day before the posting end date.
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