Principal Regulatory Analyst
Company: American Water
Location: Camden
Posted on: May 8, 2022
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Job Description:
Diversity of backgrounds, ideas, thoughts, and experiences is
vital to our culture and the way we do business. Creating an
environment where differences are embraced and where every person
feels engaged and included makes us safer, stronger, and more
successful.
With a history dating back to 1886, American Water (NYSE: AWK) is
the largest and most geographically diverse U.S. publicly traded
water and wastewater utility company. The company employs more than
6,400 dedicated professionals who provide regulated and
regulated-like drinking water and wastewater services to an
estimated 14 million people in 25 states. American Water provides
safe, clean, affordable and reliable water services to our
customers to help keep their lives flowing. For more information,
visit amwater.com and follow American Water on Twitter , Facebook
and LinkedIn .
PLEASE NOTE: In order for American Water to evaluate decisions
about new regulations, reintegration, and safe operating practices,
all employees are required to report their vaccination status.
Primary Role
Leads the end to end preparation and development of financial
analysis and the compliance reporting requirements for multiple
states to support state/operational business partners in the most
complex rate and regulatory matters. Owns the completion of
exhibits, work papers,
interrogatories in a timely and accurate fashion for rate case
filings and alternative mechanism filings. Sponsors written
testimony for regulatory filings. Leads the preparation of
regulatory reports, financial information and operational data
necessary for filings with state regulatory commissions. Also
provides the most complex technical solutions and analysis on
national issues. Owns the calculation of the revenue requirement
for the most complex regulatory filings.
Key Accountabilities
Prepare analysis that supports operational/state business partners
in the filing of base rate cases and alternative regulatory
mechanisms (DSIC, RAC, trackers, etc). Ensure the financial support
is complete, accurate and timely prepared meeting all filing
deadlines.
Own the end to end preparation and development of the most complex
pro forma adjustments that are relied upon to support base rate
case requests and alternative regulatory mechanisms.
Prepare accurate rate case support schedules, testimony and
exhibits for complex issues.
Prepares written testimony (written and oral) and sponsors complex
adjustments in rate filings.
Provides technical solutions and analysis on national issues.
Prepares responses to interrogatories for schedules and exhibits
they own and assists and mentors regulatory analysts in their
development.
Prepares the revenue requirement calculation. Able to complete the
most complex revenue requirement calculations.
Develops and delivers the most complex financial support that is
relied upon by Company consultants in areas such as: cost of
service studies, return on equity, capital structure, depreciation
studies, service company costs, Lead/Lag studies, etc.
Prepares complex filings that respond to requests from the
Commission or comply with regulatory compliance requirements from
previous Orders.
Analyze complex utility applications, reports, financial records,
and cost studies.
Provides research and comparative analyses of most complex public
utility issues, trends and best practices.
Ensures regulatory filings are appropriately filed on the
regulatory SharePoint site.
Identifies and leads activities to drive continuous process
improvements.
May be responsible for the supervision of staff, could include
hiring of the staff, goal/objective setting, performance management
and career development planning.
Knowledge/Skills
Bachelor's degree in economics, finance, accounting, business or a
closely related field or an equivalent combination of education and
experience.
MBA in Accounting or Finance preferred.
CPA, CMA or other technical license a plus.
Experience/Education
Bachelor's degree in economics, finance, accounting, business or a
closely related field or an equivalent combination of education and
experience.
MBA in Accounting or Finance preferred.
CPA, CMA or other technical license a plus.
Seasoned professional with ten plus years of prior experience in
the utility industry and/or shared service or multi-company
corporation.
Working knowledge of SAP a plus.
Travel Requirements
Up to 20%
Other
This is the internal expert level of the job family that is
restricted on the basis of business needs. This level has complete
latitude for independent judgment in a regular changing work
environment. Regularly mentors and leads less experienced
colleagues. This includes project management, facilitating
meetings, preparing exhibits and testimony, and regularly serving
as an expert witness.
Work Enivronment
Standard office environment
Competencies Champions safety Collaborates Cultivates innovation
Customer obsessed Drives Results Nimble learning
Join American Water... We Keep Life Flowing ---
American Water is firmly committed to Equal Employment Opportunity
(EEO) and prohibits employment discrimination for employees and
applicants based on his or her age, race, color, pregnancy, gender,
gender identity, sexual orientation, national origin, religion,
marital status, citizenship, or because they are an individual with
a disability, protected veteran or other status protected by
federal, state, and local laws.
Keywords: American Water, Camden , Principal Regulatory Analyst, Professions , Camden, New Jersey
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