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Regulatory Analyst/ Senior Regulatory Analyst

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Location: Canonsburg, PA, United States
Date Posted:
Req ID: R00935165

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Description

Job Title:  Regulatory Analyst

Job Code:  370504

Summary

Effectively participates on a variety of project teams that provide a wide range of internal and external regulatory services to one or more of NiSource's local gas distribution companies. Preserve and enhance income through accurate, timely and innovative regulatory activities. The incumbent will assume responsibility for assignments in regulatory activities, including but not limited to: rate case filings, gas cost recovery filings, tariff filings, resource plan filings and other compliance filings; special contract development support, regulatory asset accounting, comprehensive data analysis, integrated resource planning, preparing analytical studies, rate design, sales support and coordinating various issues among multi-functional areas; research, analysis and implementation of results of specialized and/or complex regulatory studies.

Principal Duties and Responsibilities

  • Performs duties under supervision
  • Compiles, organizes, analyzes and formats data for gas cost recovery filings, cost allocation studies, base rate case filings and other regulatory reports and filings under supervision
  • Applies reasonability test to data, filings and reports within historical and current context
  • Provides accurate tariff maintenance
  • Provides fundamental rate interpretation, reviews billing changes for accuracy
  • Provide regulatory support to other business units and project teams
  • Assists in ensuring accurate financial records
  • Maintains awareness of state projects and/or matters in the provision of good customer service
  • Ensures the seamless flow of information amongst team members
  • Embraces and utilizes new technologies and strives for continuous improvement
  • Total and timely recovery of gas costs
  • Accurate, complete and timely fulfillment of regulatory filings and cost allocation studies in accordance with commission regulations
  • Timely and accurate review and interpretation of billing rates for nearly a half million customers.
  • Efficient implementation of new Commission regulations
  • Responsive explanation for variances, imbalances and interrogatories
  • Innovative, competitive, revenue-enhancing rate design
  • Comprehensive financial support, including accurate financial reporting review of regulatory items
  • Expert regulatory consulting advice
  • Efficient processing of regulatory and financial tasks
  • Accurate and complete analytical studies, including responsive regulatory research and recommendations of regulatory viewpoint positions that maximally enhance revenue where applicable
  • High level of customer satisfaction 

Required Qualifications for Position

  • Proficient in Microsoft Office; including Word, PowerPoint and Excel.  Demonstrated proficiency in creating and reviewing Microsoft Excel spreadsheets that may contain complex formulas and data.
  • Demonstrate strong oral and written communication skills with the ability to take initiative
  • Knowledge of proper document design and execution (e.g. report formatting, business letters, etc.)
  • Strong interpersonal skills and the ability to project a professional demeanor and image

Preferred Additional Qualifications for Position

  • Bachelor’s degree in Accounting, Finance, Economics, or other business discipline or equivalent work related experience.
  • Multiple functional experience
  • 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.

Job Title: Senior Regulatory Analyst

Job Code:  104244

Job Summary

Works with cross functional teams to plan, prepare, research, analyze, litigate, implement regulatory strategies and plans with each state's regulatory team to meet cost recovery objectives to ensure rates that are competitive, profitable, and comply with regulatory policies and guidelines.

Within this environment, the Regulatory Analyst will support accurate, timely and innovative regulatory initiatives, including but not limited to: regulatory rate case filings, compliance filings, tariff filings, regulatory asset accounting, data analysis, and utility capital structure. The Regulatory Analyst will support working relationships with Legal, Financial Planning, Accounting, etc., to meet corporate, regulatory strategic initiatives.

Principal Duties and Responsibilities

  • Work with various NiSource operating company management teams to develop strategies and work plans that will ensure timely recovery of costs that are included in base rates and approved recovery mechanisms.
  • Support analytical studies that provide alternative approaches and recommend regulatory strategies that maximize the operating companies; ability to generate revenues and provide for timely recovery of costs while optimizing the return on invested capital.
  • Prepare testimony and exhibits to support regulatory applications; analyze intervenor testimony to formulate responsive testimony and assist with cross-examination strategies; prepare data request responses during general rate cases and other petitions; and assist with support required during Commission hearings.
  • Timely and accurate development, interpretation and input of approved rates into customer billing system.
  • Verification that customers' bills are correctly calculated.
  • Comprehensive financial support, including accurate financial reporting of regulatory items within external filings, financial plan updates and internal management reporting
  • Foster partnership with other internal departments such as Legal, Financial Planning, Accounting, etc.

Required Qualifications for Position

  • Requires Bachelor’s degree in Accounting, Finance, Economics, or other business discipline
  • Demonstrated ability to work with minimal supervision in an accurate and timely manner and deliver results
  • Proven record of experience in the regulatory environment, public accounting, finance and/or accounting discipline
  • Demonstrated ability to be self-motivated
  • Exhibited expert technical skills and attention to detail
  • Proven experience in the regulatory environment, financial planning, finance and/or accounting discipline
  • Excellent verbal and written communication skills
  • Solid working knowledge of MS Office (Excel & Word)
  • Works well in a team environment
  • Compiles, organizes, analyzes and formats data for cost recovery filings, base rate case filings and other regulatory reports and filings
  • Provides fundamental rate interpretation, maintains rates in the billing system, coordinates billing changes
  • Provide regulatory support to other business units and project teams
  • Assists in ensuring accurate financial records
  • Maintains awareness of state projects and/or matters in the provision of good customer service
  • Ensures the seamless flow of information amongst team members
  • Embraces and utilizes new technologies and strives for continuous improvement
  • Prepare test scripts for SOX internal control testing, perform and record testing results to maintain adequate internal controls to comply with Sarbanes-Oxley requirements
  • Performs duties under close supervision
  • Provides regulatory support to internal project teams and individuals
  • Interprets and analyzes Commission regulations, rate orders, Commission Staff reports and interveners' positions
  • Coordinates external and internal audits
  • Coordinates tasks within assigned projects
  • Provides technical support for responding to outside parties such as Commission Staff, Consumer Advocates, and legal counsel
  • Maintains rates in the customer billing system and verifies the customer bills are correctly calculated
  • Leads billing implementation changes with IT and other  internal groups
  • Assists Managers and Lead Regulatory Analysts with duties, including training of Regulatory Analysts
  • May provide expert testimony in support of filings

Preferred Additional Qualifications for Position

  • Witness training and/or previous witness experience
  • Adaptability
  • Initiating Action
  • Work Standards / Quality Orientation
  • MBA
  • CPA

Disclaimer

The preceding 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.

Salary Range:

$58,400.00 - $116,200.00

Posting Start Date:

2024-02-23

Posting End Date (if applicable):

2024-03-09
Please note that the job posting will close on the day before the posting end date.
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